Financials in USD. Standardized financial statements.
A compact view of how Federal Agricultural Mortgage Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.32B | $1.62B | $1.42B | $755.02M | $447.70M | $519.84M | $666.03M | $556.02M | $418.04M | $332.37M |
| Revenue Growth? | -18.9% | +14.7% | +87.6% | +68.6% | -13.9% | -22.0% | +19.8% | +33.0% | +25.8% | 0.0% |
| Cost of Revenue? | $929.77M | $1.26B | $1.07B | $446.71M | $201.83M | $321.00M | $475.46M | $370.18M | $244.64M | $172.63M |
| Gross Profit? | $388.56M | $363.69M | $350.20M | $308.31M | $245.88M | $198.84M | $190.58M | $185.84M | $173.40M | $159.74M |
| Gross Margin? | +29.5% | +22.4% | +24.7% | +40.8% | +54.9% | +38.2% | +28.6% | +33.4% | +41.5% | +48.1% |
| Operating Expenses? | $132.85M | $105.58M | $97.10M | $82.63M | $73.42M | $61.40M | $51.92M | $49.82M | $42.72M | $40.38M |
| Operating Income? | $255.72M | $258.10M | $253.10M | $225.68M | $172.46M | $137.43M | $138.65M | $136.02M | $130.69M | $119.36M |
| EBITDA? | $255.72M | $258.10M | $253.10M | $225.68M | $172.59M | $137.43M | $138.65M | $136.02M | $130.69M | $119.36M |
| Income Before Tax | $255.72M | $258.10M | $253.10M | $225.68M | $172.46M | $137.43M | $138.65M | $136.02M | $130.69M | $119.36M |
| Income Tax Expense | $48.33M | $50.91M | $53.10M | $47.53M | $36.37M | $28.79M | $29.11M | $27.94M | $46.37M | $42.06M |
| Net Income? | $207.39M | $207.19M | $200.00M | $178.14M | $136.09M | $108.65M | $109.55M | $108.08M | $84.48M | $77.33M |
| EPS? | $16.73 | $16.59 | $15.96 | $13.99 | $10.36 | $8.31 | $8.76 | $8.91 | $6.73 | $6.12 |
| Diluted EPS? | $16.62 | $16.44 | $15.80 | $13.87 | $10.27 | $8.27 | $8.69 | $8.83 | $6.60 | $5.97 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality