ARMOUR Residential REIT, Inc. ARR
ARMOUR Residential REIT, Inc. (ARR), founded in 2008 and based in Vero Beach, Florida, primarily allocates its capital to residential mortgage-backed securities (MBS) within the United States. Its investment holdings predominantly comprise MBS that are either issued or guaranteed by U.S. Government-sponsored entities (GSEs) and the Government National Mortgage Association (GNMA. These securities are underpinned by various home loans, including fixed-rate, hybrid adjustable-rate, and adjustable-rate mortgages. The company's portfolio also encompasses unsecured debt instruments and bonds from GSEs, U.S. Treasury securities, and money market funds. Furthermore, ARR invests in other residential mortgage-backed securities where the principal and interest payments lack a guarantee from a GSE or other government agency. As a Real Estate Investment Trust (REIT) under the Internal Revenue Code, the company benefits from an exemption from corporate income tax on the portion of its net earnings that is distributed to its shareholders.
Snapshot
Reported FFO / Distributable EPS / leverage are from the Q1 2026 earnings release (filed 2026-04-22) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $1.31B | $322.69M | $2.03M | $966.80M | $124.20M |
| 2024 | $239.90M | $-14.39M | $0.00 | $509.75M | $261.46M |
| 2023 | $449.67M | $-67.92M | $0.00 | $457.87M | $132.82M |
| 2022 | $-877.95M | $-229.93M | $16.51M | $-92.62M | $124.08M |
| 2021 | $4.89M | $15.36M | $48.11M | $70.58M | $11.74M |
| 2020 | $-213.22M | $-215.11M | $53.41M | $-98.73M | $-257.82M |
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-15 | 2026-06-15 | 2026-06-29 | 2026-05-28 | $0.24 | Monthly |
| 2026-05-15 | 2026-05-15 | 2026-05-28 | 2026-04-21 | $0.24 | Monthly |
| 2026-04-15 | 2026-04-15 | 2026-04-29 | 2026-03-25 | $0.24 | Monthly |
| 2026-03-16 | 2026-03-16 | 2026-03-30 | 2026-02-17 | $0.24 | Monthly |
| 2026-02-17 | 2026-02-17 | 2026-02-27 | 2026-01-29 | $0.24 | Monthly |
| 2026-01-15 | 2026-01-15 | 2026-01-29 | 2025-12-23 | $0.24 | Monthly |
| 2025-12-15 | 2025-12-15 | 2025-12-29 | 2025-11-26 | $0.24 | Monthly |
| 2025-11-17 | 2025-11-17 | 2025-11-28 | 2025-10-21 | $0.24 | Monthly |
| 2025-10-15 | 2025-10-15 | 2025-10-30 | 2025-09-24 | $0.24 | Monthly |
| 2025-09-15 | 2025-09-15 | 2025-09-29 | 2025-08-27 | $0.24 | Monthly |
| 2025-08-15 | 2025-08-15 | 2025-08-29 | 2025-07-22 | $0.24 | Monthly |
| 2025-07-15 | 2025-07-15 | 2025-07-30 | 2025-06-24 | $0.24 | Monthly |
| 2025-06-16 | 2025-06-16 | 2025-06-27 | 2025-05-29 | $0.24 | Monthly |
| 2025-05-15 | 2025-05-15 | 2025-05-29 | 2025-04-22 | $0.24 | Monthly |
| 2025-04-15 | 2025-04-15 | 2025-04-29 | 2025-03-25 | $0.24 | Monthly |
| 2025-03-17 | 2025-03-17 | 2025-03-27 | 2025-02-11 | $0.24 | Monthly |
| 2025-02-14 | 2025-02-14 | 2025-02-27 | 2025-01-30 | $0.24 | Monthly |
| 2025-01-15 | 2025-01-15 | 2025-01-30 | 2024-12-26 | $0.24 | Monthly |
| 2024-12-16 | 2024-12-16 | 2024-12-30 | 2024-11-27 | $0.24 | Monthly |
| 2024-11-15 | 2024-11-15 | 2024-11-27 | 2024-10-22 | $0.24 | Monthly |
| 2024-10-15 | 2024-10-15 | 2024-10-30 | 2024-09-24 | $0.24 | Monthly |
| 2024-09-16 | 2024-09-16 | 2024-09-27 | 2024-08-29 | $0.24 | Monthly |
| 2024-08-15 | 2024-08-15 | 2024-08-29 | 2024-07-23 | $0.24 | Monthly |
| 2024-07-15 | 2024-07-15 | 2024-07-30 | 2024-06-24 | $0.24 | Monthly |
Coverage (payout of operating cash flow): 218.59%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.