Angel Oak Mortgage REIT, Inc. (AOMD)

Real Estate · Real Estate · Price $25.13
Updated: Aug 26, 2026
Operating Income (TTM)
$19.2M
Trailing 12 Months
Growth Rate
10.34%
Log-Linear Regression (16Q)
Operating Margin
12.19%
Operational Efficiency
EV/Operating Income
158.4x
Valuation Multiple
Net Income
$18.7M
After Interest & Taxes

📈 Operating Income History (16 Quarters)

🧮 AOMD Operating Income Breakdown

Operating Income = Gross Profit - Operating Expenses (SG&A, R&D, etc.)
Revenue (Top Line) $157.8M
Less: Cost of Revenue → Gross Profit N/A
Equals: Operating Income (EBIT) $19.2M
Then: Less Interest & Taxes → Net Income $18.7M

Understanding Operating Income

Operating Income, also known as EBIT (Earnings Before Interest and Taxes), measures a company's profit from its core business operations before financing costs and taxes. For AOMD, the trailing twelve month operating income is $19.2M.

Why Operating Income Matters

Operating income isolates business performance from capital structure decisions (debt vs equity financing) and tax strategies. This makes it ideal for comparing companies with different debt levels or tax situations. It shows how efficiently management runs the core operations.

AOMD's operating income growth rate of 10.34% (based on log-linear regression of 16 quarters) indicates strong operational performance above market averages.

Operating Income vs Other Profitability Metrics

Net Income: $18.7M →

The bottom line after interest and taxes. Net income shows the final profit, while operating income excludes financing decisions.

Free Cash Flow: $0 →

Actual cash generated after capital expenditures. FCF can differ significantly from operating income due to working capital and capex.

Owner Earnings: N/A →

Buffett's measure of true cash generation. Adds back depreciation and subtracts only maintenance capex.

Revenue: $157.8M →

The top line that operating income is derived from. Operating margin shows what percentage becomes operational profit.

Operating Margin Analysis

AOMD's operating margin of 12.19% shows what percentage of revenue converts to operating profit after all operating expenses. Operating margins between 8-15% are common in competitive industries.

EV/Operating Income Valuation

The EV/Operating Income ratio of 158.4x shows how the market values AOMD's operational earnings. Ratios above 25x indicate high growth expectations or premium valuation.

Summary: AOMD Operating Income Trend

Angel Oak Mortgage REIT, Inc. (AOMD) has an operating margin of 12.19%, which Zyberno classifies as acceptable for a Real Estate company — within the 8–18% range Zyberno considers typical for real estate businesses where property income and operating costs define margins. Operating income grew at 10.34% annually — above the 10% threshold Zyberno considers healthy growth above market averages. For complete financial analysis, view the full AOMD stock report on Zyberno.

Frequently Asked Questions

What is AOMD's current operating income?

Angel Oak Mortgage REIT, Inc.'s TTM operating income is $19.2M, growing at 10.34% annually — above the 10% threshold Zyberno considers healthy growth above market averages.

Is AOMD's operating income growing?

Angel Oak Mortgage REIT, Inc. (AOMD) has an operating margin of 12.19%, which Zyberno classifies as acceptable for a Real Estate company — within the 8–18% range Zyberno considers typical for real estate businesses where property income and operating costs define margins. Operating income grew at 10.34% annually — above the 10% threshold Zyberno considers healthy growth above market averages.

What is AOMD's operating margin?

Angel Oak Mortgage REIT, Inc. (AOMD) has an operating margin of 12.19%, which Zyberno classifies as acceptable for a Real Estate company — within the 8–18% range Zyberno considers typical for real estate businesses where property income and operating costs define margins. Operating income grew at 10.34% annually — above the 10% threshold Zyberno considers healthy growth above market averages.

What is the difference between operating income and EBIT?

Operating income and EBIT (Earnings Before Interest and Taxes) are generally the same metric - both measure profit from core operations before financing costs and taxes. AOMD's EBIT/Operating Income is $19.2M.

How does operating income differ from net income?

Operating income excludes interest expense and income taxes, while net income includes them. AOMD's operating income is $19.2M versus net income of $18.7M. The difference reflects financing costs and tax burden.

📊 Valuation Trilogy
Three interconnected metrics built on Owner Earnings
💎
Intrinsic Value
DCF Fair Value
🛡️
Margin of Safety
Valuation Gap
🎯
Expected Return
Projected Annual
Click any metric for full methodology and detailed analysis

📊 Full AOMD Stock Report

See AOMD's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.

💵 AOMD Free Cash Flow

Compare to Free Cash Flow which subtracts all capital expenditures, not just maintenance CapEx.

💰 AOMD Owner Earnings

Compare to Buffett's Owner Earnings metric which uses maintenance CapEx instead of total capital expenditures.

📈 AOMD Earnings Per Share

Analyze EPS trends, P/E ratio, earnings yield, and per-share profitability metrics.

🎯 AOMD Earnings Surprise (SUE)

See whether AOMD is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.

📊 AOMD Revenue

Analyze revenue trends, growth rate, P/S ratio, and top-line sales performance.

💰 AOMD Net Income

Analyze the bottom-line profit, P/E ratio, and net profit margin trends.

🔶 AOMD Operating Income

Analyze EBIT, operating margin, and core business profitability before interest and taxes.

💜 AOMD Gross Profit

Analyze gross margin, pricing power, and profitability before operating expenses.

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