# Ellington Financial Inc. (EFC) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from Ellington Financial Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/EFC/mda/fy2025/): filed 2026-03-02; accession 0001628280-26-013279 (https://www.sec.gov/Archives/edgar/data/1411342/000162828026013279/efc-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/EFC/mda/fy2024/): filed 2025-03-03; accession 0001411342-25-000015 (https://www.sec.gov/Archives/edgar/data/1411342/000141134225000015/efc-20241231.htm)
- [FY 2023 MD&A](/company/EFC/mda/fy2023/): filed 2024-02-29; accession 0001411342-24-000021 (https://www.sec.gov/Archives/edgar/data/1411342/000141134224000021/efc-20231231.htm)
- [FY 2022 MD&A](/company/EFC/mda/fy2022/): filed 2023-03-01; accession 0001411342-23-000056 (https://www.sec.gov/Archives/edgar/data/1411342/000141134223000056/efc-20221231.htm)
- [FY 2021 MD&A](/company/EFC/mda/fy2021/): filed 2022-03-01; accession 0001411342-22-000027 (https://www.sec.gov/Archives/edgar/data/1411342/000141134222000027/efc-20211231.htm)

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