Federal Agricultural Mortgage financials
$146.58−2.28%
Close Sep 25, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.63B | $1.62B | $1.42B | $755.5M | $449.0M | $527.1M | $666.0M | $556.0M | $418.0M | $332.4M |
| Gross profit | $408.4M | $375.1M | $351.1M | $309.6M | $245.0M | $214.1M | $194.1M | $186.2M | $175.2M | $160.7M |
| Gross margin | 25.1% | 23.1% | 24.8% | 41.0% | 54.6% | 40.6% | 29.1% | 33.5% | 41.9% | 48.4% |
| Operating income | $255.7M | $258.1M | $253.1M | $225.7M | $172.5M | $144.7M | $138.7M | $136.0M | $130.7M | $119.4M |
| Net income | $182.5M | $180.4M | $172.8M | $151.0M | $111.4M | $94.9M | $93.7M | $94.9M | $71.3M | $64.2M |
| Net margin | 11.2% | 11.1% | 12.2% | 20.0% | 24.8% | 18.0% | 14.1% | 17.1% | 17.1% | 19.3% |
| Diluted EPS | $16.62 | $16.44 | $15.81 | $13.87 | $10.27 | $8.80 | $8.69 | $8.83 | $6.60 | $5.97 |
| EBITDA | $255.7M | $258.1M | $253.1M | $225.7M | $172.5M | $144.7M | $138.7M | $136.0M | $130.7M | $119.4M |
| Operating cash flow | $80.1M | $612.6M | $375.8M | $809.3M | $436.4M | -$153.9M | -$73.9M | $108.0M | $104.4M | $212.7M |
| Free cash flow | $80.1M | $607.4M | $375.8M | $809.3M | $436.4M | — | — | — | — | — |
| Diluted shares | 11.0M | 11.0M | 10.9M | 10.9M | 10.8M | 10.8M | 10.8M | 10.7M | 10.8M | 10.7M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $931.1M | $1.02B | $888.7M | $861.0M | $908.8M | $1.03B |
| Short-term investments | $17.60B | $16.60B | $17.12B | $15.71B | $14.69B | $14.50B |
| Total debt | $33.19B | $29.30B | $27.69B | $25.65B | $23.70B | $23.17B |
| Total assets | $35.37B | $31.32B | $29.52B | $27.33B | $25.12B | $24.36B |
| Total liabilities | $33.65B | $29.84B | $28.11B | $26.06B | $23.91B | $23.36B |
| Shareholders' equity | $1.72B | $1.49B | $1.41B | $1.27B | $1.21B | $992.5M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology