Federal National Mortgage Association (FNMA)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $bn | 109 | 100 | 117 | 141 | 151 | 161 | 161 | - |
| Operating profit | $bn | 148 | 118 | ||||||
| Net profit | $bn | 12 | 22 | 13 | 17 | 17 | 14 | 15 | 15 |
| EPS reported | $ | 0.00 | 1.63 | ||||||
| Operating cashflow per share | $ | 4.09 | 4.48 | ||||||
| Capex per share | $ | 0.00 | 0.00 | ||||||
| FCF per share | $ | 4.09 | 4.48 | ||||||
| Free cash flow | $bn | 24 | 31 | ||||||
| Net debt | $bn | 4,099 | 4,177 | ||||||
| Book value equity | $bn | 109 | 116 | ||||||
| Book value per share | $ | 18.50 | 19.77 | ||||||
| Number of shares | m | 5,893 | 5,893 | ||||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | - | 2.92 | ||||||
| P/B LTM | x | 0.58 | 0.54 | ||||||
| P/S LTM | x | 0.39 | 0.39 | ||||||
| P/FCF LTM | x | 2.62 | 2.05 | ||||||
| EV/EBITDA LTM | x | 28.60 | 35.97 | ||||||
| EV/Sales LTM | x | 26.36 | 25.97 | ||||||
| Earnings Yield LTM | % | +22.82% | +34.25% | ||||||
| FCF Yield | % | +38.11% | +48.69% | ||||||
| Quality | |||||||||
| ROE | % | +13.18% | +13.45% | ||||||
| ROIC | % | +3.59% | +5.77% | ||||||
| Operating margin | % | +92.17% | +92.89% | ||||||
| Gross margin | % | +97.67% | +97.66% | ||||||
| FCF/Sales | % | +14.94% | +16.39% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +200.00% | - | ||||||
| Sales Growth YoY | % | +6.08% | +6.69% | ||||||
| Net Income Growth YoY | % | -15.40% | -11.13% | ||||||
| FCF Growth | % | - | - | ||||||
| Operating Profit Growth | % | +3.43% | -17.80% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.00% | 0.00% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | 0.00% | 0.00% | ||||||
| FCF/Debt | x | 0.01 | 0.01 | ||||||
| Net Debt/EBITDA | x | 28.17 | 27.91 | ||||||
| EBIT/Net interest | x | 1.14 | 1.14 | ||||||
| Net debt/market cap | % | +66.41% | +560.37% | ||||||
| Net debt/Equity | x | 37.60 | 35.85 | ||||||
| Gross debt/equity | x | 38.35 | 35.95 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
The Federal National Mortgage Association, commonly known as Fannie Mae, was established in 1938 and has its headquarters in Washington, D.C. Its fundamental purpose is to facilitate the flow of capital in the United States mortgage market, ensuring a consistent source of financing for home loans. Fannie Mae achieves this by transforming mortgage loans originated by various lenders into standardized investment products called Fannie Mae mortgage-backed securities (MBS). The organization operates through two distinct primary segments: 1. Single-Family Segment: This division is responsible for acquiring and securitizing a wide range of residential mortgage loans. These include conventional first-lien mortgages (both fixed and adjustable-rate), loans guaranteed by government agencies like the Federal Housing Administration (FHA), Department of Veterans Affairs (VA), and the U.S. Department of Agriculture's Rural Development Housing and Community Facilities Program, as well as manufactured housing loans and other related mortgage securities. Additionally, this segment provides mortgage servicing and comprehensive credit risk and loss management services for single-family properties. 2. Multifamily Segment: Focusing on properties with multiple dwelling units, this segment securitizes and purchases multifamily mortgage loans, converting them into Fannie Mae MBS. It also plays a role in public finance by offering credit enhancements for bonds issued by state and local housing authorities to support multifamily housing initiatives. Its activities further include issuing structured MBS backed by existing Fannie Mae multifamily MBS, trading multifamily agency mortgage-backed securities, and making investments in low-income housing tax credit (LIHTC) projects. Services provided by this segment encompass delegated underwriting, servicing, and robust credit risk and loss management for multifamily mortgages. Fannie Mae serves a diverse array of financial partners, including mortgage banking companies, various types of banks (savings and loan associations, savings banks, commercial banks, community banks), credit unions, insurance companies, private mortgage originators, and state and local housing finance agencies.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Federal National Mortgage Association (FNMA)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
The Federal National Mortgage Association, commonly known as Fannie Mae, was established in 1938 and has its headquarters in Washington, D.C. Its fundamental purpose is to facilitate the flow of capital in the United States mortgage market, ensuring a consistent source of financing for home loans. Fannie Mae achieves this by transforming mortgage loans originated by various lenders into standardized investment products called Fannie Mae mortgage-backed securities (MBS). The organization operates through two distinct primary segments: 1. Single-Family Segment: This division is responsible for acquiring and securitizing a wide range of residential mortgage loans. These include conventional first-lien mortgages (both fixed and adjustable-rate), loans guaranteed by government agencies like the Federal Housing Administration (FHA), Department of Veterans Affairs (VA), and the U.S. Department of Agriculture's Rural Development Housing and Community Facilities Program, as well as manufactured housing loans and other related mortgage securities. Additionally, this segment provides mortgage servicing and comprehensive credit risk and loss management services for single-family properties. 2. Multifamily Segment: Focusing on properties with multiple dwelling units, this segment securitizes and purchases multifamily mortgage loans, converting them into Fannie Mae MBS. It also plays a role in public finance by offering credit enhancements for bonds issued by state and local housing authorities to support multifamily housing initiatives. Its activities further include issuing structured MBS backed by existing Fannie Mae multifamily MBS, trading multifamily agency mortgage-backed securities, and making investments in low-income housing tax credit (LIHTC) projects. Services provided by this segment encompass delegated underwriting, servicing, and robust credit risk and loss management for multifamily mortgages. Fannie Mae serves a diverse array of financial partners, including mortgage banking companies, various types of banks (savings and loan associations, savings banks, commercial banks, community banks), credit unions, insurance companies, private mortgage originators, and state and local housing finance agencies.
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