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Western Asset Mortgage Capital Corporation WMC
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Quarterly report 2023-Q3
added 05-23-2026

Western Asset Mortgage Capital Corporation Income Statement 2022-2011 | WMC

Brief overview of profit and loss at Western Asset Mortgage Capital Corporation

The conclusions below are based on five years of reported results. Revenue reported by Western Asset Mortgage Capital Corporation was 136 million dollars at the beginning of the period and 90.5 million dollars at the end. The cumulative result was −33.7%, corresponding to roughly −7.9% per year. The negative rate indicates weakening core operations.

Over the period, net income shifted from 101 million dollars to 70.7 million dollars (−29.8%). The final result developed less favorably than the core business.

Market capitalization changed from 236 million dollars to 484 million dollars (+105%). The valuation may already include demanding future expectations.

Overall conclusion

The figures do not all move in the same direction. The most visible risks are lower net income and a softer top-line trend. The key question is whether sales can be converted into sustainable profit.

Annual Income Statement Western Asset Mortgage Capital Corporation

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

- 12.8 M 161 M 484 M 345 M 259 M 249 M 206 M 236 M 139 M 155 M -

Shares

6.04 M 6.04 M 60.8 M 53.5 M 48.1 M 41.8 M 41.9 M 41.7 M 41.7 M 26.9 M 24.1 M 100

Historical Prices

- 2.12 2.66 9.05 7.17 6.2 5.94 4.94 5.66 5.17 6.42 -

Net Income

-89.1 M -49 M -328 M 70.7 M 26.4 M 85.1 M -25 M -9.48 M 101 M 20.8 M 24.8 M -

Revenue

- - -289 M 90.5 M 50 M 105 M -793 K 10.7 M 136 M -1.74 M - -

Cost of Revenue

1.65 M 2.57 M 2.79 M 2.59 M 2.19 M 2.69 M 3.02 M 3.76 M 3.33 M - - -

Interest Expense

138 M 137 M 133 M 150 M 138 M 48.4 M 32.4 M 27.6 M 22.3 M 4.04 M 5.43 M -

EBITDA

- - -323 M - - - - - - 115 M - -

Operating Expenses

- - 2.86 M 171 M 161 M 66 M 54 M 50 M 4.93 M 3.53 M 3.22 M -

General and Administrative Expenses

2.52 M 3.51 M 3.3 M 1.5 M 1.44 M 1.32 M 1.92 M 1.46 M 1.54 M 1.68 M 1.29 M -

All numbers in USD currency

Quarterly Income Statement Western Asset Mortgage Capital Corporation

2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

6.05 M 6.04 M 6.04 M 6.04 M 6.04 M 6.04 M 60.4 M 6.04 M 60.9 M 60.8 M 60.8 M 60.8 M 60.8 M 59.5 M 53.4 M 53.5 M 53.2 M 53.2 M 48.2 M 48.1 M 48.1 M 41.6 M 41.7 M 41.8 M 41.9 M 41.9 M 41.9 M 41.9 M 41.9 M 41.9 M 41.9 M 41.7 M 41.9 M 41.9 M 41.9 M 41.7 M 41.7 M 41.7 M 27.1 M 26.9 M 24.3 M 24.3 M 24.3 M 24.1 M 10.3 M 10.3 M 24.1 M 100 100 100 -

Net Income

-8.7 M -8.63 M 6.57 M - -40 M -22.4 M -25.9 M - -4.21 M -40.2 M 7.95 M 10.8 M 59.8 M -15.6 M -382 M 12.5 M 19.7 M 10.6 M 27.9 M -17.7 M 20.9 M 1.45 M 21.7 M 21.4 M 22.8 M 20.7 M 20.2 M -38.3 M 32.3 M 17.3 M -36.3 M -20.1 M -1.85 M -1.69 M 14.1 M 15.4 M 26.1 M 67.6 M -8.44 M 20.8 M 7.54 M -27.7 M -28.5 M 24.8 M 28.2 M 4.26 M - - - - -

Revenue

- - - - - - - - - - 46 M 47.7 M 44 M 31.5 M 54.8 M 55.8 M 55.7 M 53.8 M 52 M 58 M 54.5 M 57.2 M 39.7 M 34.9 M 30.9 M 30.1 M 28.4 M 35.8 M 29.2 M 29.2 M 29.6 M 35 M 35.8 M 41 M 40.8 M 40.4 M 40.7 M 44.6 M 23.4 M 28.2 M 30.7 M 32.7 M 33.8 M 33.2 M 13 M 7.08 M - - - - -

Cost of Revenue

607 K 504 K 511 K - 515 K 130 K 498 K - 626 K 651 K 708 K 717 K 716 K 692 K 662 K 671 K 671 K 705 K 544 K 552 K 552 K 572 K 510 K 628 K 660 K 664 K 740 K 768 K 868 K 649 K 737 K 756 K 857 K 1.18 M 973 K - - - - - - - - - - - - - - - -

Interest Expense

37 M 36.2 M 36.5 M - 35.7 M 33.3 M 31.4 M - 33 M 34.6 M 36.8 M 38.2 M 33.9 M 23 M 36.1 M 36.8 M 39.1 M 38 M 36.4 M 40.9 M 38.5 M 38.1 M 20.7 M 16.9 M 12.4 M 10.4 M 8.74 M 9.04 M 7.68 M 7.73 M 7.98 M 7.64 M 6.98 M 6.58 M 6.4 M 6.43 M 6.47 M 5.97 M 3.39 M 4.04 M 4.27 M 4.52 M 5.18 M 5.43 M 1.94 M 725 K - - - - -

Operating Expenses

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 5.57 M 4.93 M 5.02 M 4.93 M 3.88 M 3.53 M 3.52 M 3.37 M 3.85 M 3.22 M 2.12 M 991 K - - - - -

General and Administrative Expenses

504 K 605 K 549 K - 676 K 637 K 736 K - 747 K 984 K 1.06 M 1.04 M 1.14 M 772 K 353 K 441 K 344 K 530 K 185 K 349 K 335 K 397 K 361 K 332 K 244 K 404 K 345 K 691 K 379 K 419 K 3.6 M 342 K 2.86 M 3.12 M 2.87 M 2.42 M 2.25 M 2.38 M 2.08 M 1.68 M 1.48 M 1.54 M 1.74 M 1.29 M 1.32 M 584 K - - - - -

All numbers in USD currency

The income statement is one of the three key financial reports of a company Western Asset Mortgage Capital Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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