Federal Agricultural Mortgage (AGM) Financials

$170.38 -1.08 (-0.63%)

Closing price 04/15/2025 03:59 PM Eastern

Extended Trading

$170.28 -0.11 (-0.06%)

As of 07:20 AM Eastern

Annual Income Statements for Federal Agricultural Mortgage

This table shows Federal Agricultural Mortgage's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	38	47	64	71	95	94	95	111	151	173	180
Consolidated Net Income / (Loss)	70	74	77	84	108	110	114	136	178	200	207
Net Income / (Loss) Continuing Operations	70	74	77	84	108	110	114	136	178	200	207
Total Pre-Tax Income	73	108	119	131	136	139	145	172	226	253	258
Total Revenue	104	146	161	175	186	194	214	245	310	351	375
Net Interest Income / (Expense)	70	126	140	158	174	173	196	222	271	328	354
Total Interest Income	241	265	312	401	544	645	509	426	717	1,392	1,604
Loans and Leases Interest Income	95	117	135	162	198	230	234	243	350	515	629
Investment Securities Interest Income	146	148	177	238	346	415	275	183	366	877	974
Total Interest Expense	171	139	172	243	370	472	313	204	446	1,065	1,250
Total Non-Interest Income	33	20	20	18	12	21	18	23	39	24	21
Other Service Charges	16	16	1.82	0.83	1.38	1.90	3.49	2.07	2.50	4.20	3.03
Net Realized & Unrealized Capital Gains on Investments	17	3.76	3.78	2.48	-3.61	5.37	2.26	7.00	23	2.88	2.54
Investment Banking Income	-	-	15	14	14	14	13	13	13	17	16
Other Non-Interest Income	-	-	-	0.09	-0.10	0.00	-0.25	1.33	0.52	-0.28	0.09
Provision for Credit Losses	-0.96	2.39	1.07	1.76	0.24	3.50	7.81	-0.86	1.32	0.86	12
Total Non-Interest Expense	31	35	40	43	50	52	61	73	83	97	106
Salaries and Employee Benefits	19	22	23	24	28	29	37	43	49	59	64
Other Operating Expenses	12	13	18	18	22	23	25	31	34	38	42
Income Tax Expense	2.82	34	42	46	28	29	30	36	48	53	51
Preferred Stock Dividends Declared	9.84	21	13	13	13	16	19	25	27	27	25
Basic Earnings per Share	$3.50	$4.33	$6.12	$6.73	$8.91	$8.76	$8.85	$10.36	$14.00	$15.97	$16.59
Weighted Average Basic Shares Outstanding	10.92M	10.95M	10.48M	10.59M	10.70M	10.70M	10.74M	10.77M	10.80M	10.85M	10.89M
Diluted Earnings per Share	$3.37	$4.19	$5.97	$6.60	$8.83	$8.69	$8.80	$10.27	$13.87	$15.81	$16.44
Weighted Average Diluted Shares Outstanding	10.92M	10.95M	10.48M	10.59M	10.70M	10.70M	10.74M	10.77M	10.80M	10.85M	10.89M
Weighted Average Basic & Diluted Shares Outstanding	10.92M	10.95M	10.48M	10.59M	10.70M	10.70M	10.74M	10.77M	10.80M	10.85M	10.89M
Cash Dividends to Common per Share	$0.56	-	$0.26	$1.44	$0.58	$0.70	$0.80	$0.88	$0.95	$1.10	$1.40

This table shows Federal Agricultural Mortgage's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	35	37	40	40	51	41	47	40	42	51
Consolidated Net Income / (Loss)	41	43	47	47	58	48	54	47	50	57
Net Income / (Loss) Continuing Operations	41	43	47	47	58	48	54	47	50	57
Total Pre-Tax Income	52	55	60	59	73	60	68	59	62	68
Total Revenue	72	79	84	85	97	85	94	90	90	101
Net Interest Income / (Expense)	68	74	79	79	88	82	86	87	87	93
Total Interest Income	194	268	315	344	382	351	396	404	408	396
Loans and Leases Interest Income	98	109	119	129	141	126	145	153	162	169
Investment Securities Interest Income	96	159	196	215	241	225	252	251	245	227
Total Interest Expense	126	194	236	265	294	269	310	316	321	302
Total Non-Interest Income	4.19	5.42	5.36	5.87	9.51	2.78	7.31	2.53	3.67	7.89
Other Service Charges	0.65	0.70	1.23	0.76	1.27	0.94	1.25	0.67	1.42	-0.31
Net Realized & Unrealized Capital Gains on Investments	0.73	1.16	0.40	1.69	2.67	-1.88	2.08	-1.89	-1.76	4.12
Investment Banking Income	2.64	3.49	3.93	3.49	5.52	3.77	3.92	3.80	4.02	4.01
Provision for Credit Losses	0.62	2.02	0.55	1.07	-0.14	-0.63	-1.80	6.18	3.43	3.77
Total Non-Interest Expense	19	22	24	24	24	25	27	24	25	29
Salaries and Employee Benefits	12	12	15	14	14	16	18	15	15	16
Other Operating Expenses	7.73	9.71	8.36	10	9.93	9.64	8.98	9.63	9.55	13
Income Tax Expense	11	12	13	12	15	13	15	12	12	12
Preferred Stock Dividends Declared	6.79	6.79	6.79	6.79	6.79	6.79	6.79	6.79	7.52	4.05
Basic Earnings per Share	$3.21	$3.39	$3.73	$3.73	$4.74	$3.77	$4.33	$3.71	$3.89	$4.66
Weighted Average Basic Shares Outstanding	10.80M	10.80M	10.83M	10.84M	10.84M	10.85M	10.88M	10.88M	10.89M	10.89M
Diluted Earnings per Share	$3.18	$3.36	$3.69	$3.70	$4.69	$3.73	$4.28	$3.68	$3.86	$4.62
Weighted Average Diluted Shares Outstanding	10.80M	10.80M	10.83M	10.84M	10.84M	10.85M	10.88M	10.88M	10.89M	10.89M
Weighted Average Basic & Diluted Shares Outstanding	10.80M	10.80M	10.83M	10.84M	10.84M	10.85M	10.88M	10.88M	10.89M	10.89M

This table details how cash moves in and out of Federal Agricultural Mortgage's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	614	-153	-945	37	123	179	430	-125	-48	28	135
Net Cash From Operating Activities	155	185	213	175	200	-20	-95	436	809	376	613
Net Cash From Continuing Operating Activities	155	185	213	175	200	-20	-95	436	809	376	613
Net Income / (Loss) Continuing Operations	70	74	77	84	108	110	114	136	178	200	207
Consolidated Net Income / (Loss)	70	74	77	84	108	110	114	136	178	200	207
Provision For Loan Losses	-3.17	0.21	1.00	1.76	0.34	3.50	8.06	-2.19	0.81	1.14	11
Amortization Expense	28	18	34	25	29	40	30	24	20	14	-2.64
Non-Cash Adjustments to Reconcile Net Income	104	91	65	64	72	-162	-225	294	740	106	252
Changes in Operating Assets and Liabilities, net	-44	1.54	36	-0.15	-9.27	-10	-22	-15	-130	54	145
Net Cash From Investing Activities	-84	-1,251	-593	-1,843	-591	-2,385	-1,736	-1,096	-3,043	-1,955	-1,682
Net Cash From Continuing Investing Activities	-84	-1,251	-593	-1,843	-591	-2,385	-1,736	-1,096	-3,043	-1,955	-1,682
Purchase of Investment Securities	-3,851	-4,439	-5,352	-5,205	-5,641	-7,093	-7,977	-9,312	-10,343	-8,194	-7,916
Sale and/or Maturity of Investments	3,767	3,188	4,759	3,363	5,050	4,708	6,241	8,216	7,300	6,239	6,233
Net Cash From Financing Activities	543	912	-564	1,704	515	2,583	2,260	535	2,186	1,607	1,205
Net Cash From Continuing Financing Activities	543	912	-564	1,704	515	2,583	2,260	535	2,186	1,607	1,205
Issuance of Debt	41,934	101,505	101,555	60,582	49,420	74,838	82,058	72,286	61,760	57,788	68,871
Issuance of Common Equity	0.24	1.69	0.55	0.24	0.01	0.04	0.06	0.12	0.19	0.23	0.29
Repayment of Debt	-41,496	-100,315	-102,084	-58,847	-48,864	-72,231	-79,880	-71,810	-59,504	-56,103	-67,500
Repurchase of Preferred Equity	-6.00	-244	-	0.00	0.00	-75	-60	-	0.00	0.00	-75
Payment of Dividends	-36	-26	-24	-28	-38	-44	-51	-61	-68	-75	-86
Other Financing Activities, Net	0.23	-0.15	-2.62	-2.54	-2.63	-1.78	-0.56	-1.31	-1.84	-3.01	-5.35
Cash Interest Paid	-	-	-	161	269	366	283	199	269	583	820
Cash Income Taxes Paid	-	-	-	40	31	23	30	36	34	48	39

This table details how cash moves in and out of Federal Agricultural Mortgage's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-41	-7.23	3.59	9.50	-92	106	-144	178	-81	182
Net Cash From Operating Activities	180	103	61	119	363	-167	233	56	-44	368
Net Cash From Continuing Operating Activities	180	103	61	119	363	-167	233	56	-44	368
Net Income / (Loss) Continuing Operations	41	43	47	47	58	48	54	47	50	57
Consolidated Net Income / (Loss)	41	43	47	47	58	48	54	47	50	57
Provision For Loan Losses	0.45	1.95	0.75	1.14	-0.18	-0.58	-1.87	6.23	3.26	3.87
Amortization Expense	5.82	6.08	7.88	-0.44	3.95	3.00	4.29	12	-5.74	-13
Non-Cash Adjustments to Reconcile Net Income	214	25	-31	132	273	-268	142	34	-205	280
Changes in Operating Assets and Liabilities, net	-82	27	35	-61	28	51	35	-43	113	40
Net Cash From Investing Activities	-629	-992	-461	179	-998	-675	-525	-108	-266	-783
Net Cash From Continuing Investing Activities	-628	-993	-461	179	-998	-675	-525	-108	-266	-783
Purchase of Investment Securities	-2,253	-2,122	-1,646	-1,894	-2,546	-2,107	-1,761	-1,802	-2,519	-1,833
Sale and/or Maturity of Investments	1,624	1,130	1,185	2,073	1,548	1,432	1,236	1,693	2,253	1,050
Net Cash From Financing Activities	407	882	404	-288	543	948	149	230	229	597
Net Cash From Continuing Financing Activities	407	882	404	-288	543	948	149	230	229	597
Issuance of Debt	15,747	14,105	12,802	12,783	16,215	15,988	14,627	15,196	19,012	20,037
Issuance of Common Equity	0.05	0.05	0.05	0.05	0.06	0.06	0.06	0.07	0.08	0.08
Repayment of Debt	-15,580	-12,948	-12,379	-13,051	-15,652	-15,021	-14,453	-14,943	-18,685	-19,419
Payment of Dividends	-17	-17	-19	-19	-19	-19	-22	-22	-22	-20
Other Financing Activities, Net	-0.33	-0.05	0.02	-2.36	-0.51	-0.17	-2.86	-1.04	-0.48	-0.96

This table presents Federal Agricultural Mortgage's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	14,288	15,540	15,606	17,792	18,694	21,709	24,356	25,121	27,333	29,524	31,325
Cash and Due from Banks	1,363	1,210	265	302	425	604	1,034	909	861	889	1,024
Trading Account Securities	9,165	10,119	10,548	11,945	12,510	13,836	14,503	10,175	12,226	17,111	16,594
Loans and Leases, Net of Allowance	3,520	3,962	4,507	5,267	3,998	-10	8,535	9,249	10,205	11,039	13,198
Loans and Leases	3,526	3,967	4,513	5,274	4,005	-	8,549	9,263	10,221	11,055	13,222
Allowance for Loan and Lease Losses	5.86	4.48	5.42	6.80	7.02	10	14	14	15	16	23
Loans Held for Sale	-	-	-	-	-	-	-	-	-	0.00	6.17
Other Assets	240	249	285	233	1,761	7,279	284	4,787	4,041	485	502
Total Liabilities & Shareholders' Equity	14,288	15,540	15,606	17,792	18,694	21,709	24,356	25,121	27,333	29,524	31,325
Total Liabilities	13,506	14,987	14,962	17,084	17,942	20,910	23,363	23,907	26,061	28,113	29,836
Accrued Interest Payable	48	48	50	75	97	107	93	59	118	182	195
Long-Term Debt	5,471	4,967	5,223	7,433	8,487	-	21,849	22,714	24,469	26,337	27,371
Other Long-Term Liabilities	632	861	1,250	1,486	1,601	1,704	1,421	1,135	1,474	1,594	2,269
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	782	554	644	708	753	799	992	1,214	1,272	1,412	1,489
Total Preferred & Common Equity	546	554	643	708	753	799	992	1,214	1,272	1,412	1,489
Preferred Stock	205	205	205	205	205	228	363	485	485	485	411
Total Common Equity	341	349	439	503	548	571	629	729	787	927	1,078
Common Stock	124	129	129	130	129	130	134	137	140	144	147
Retained Earnings	201	231	276	323	393	457	510	589	699	824	943
Accumulated Other Comprehensive Income / (Loss)	16	-11	34	51	25	-16	-14	3.85	-51	-40	-12

This table presents Federal Agricultural Mortgage's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	26,442	27,940	27,660	28,311	29,772	30,194	30,615
Cash and Due from Banks	868	865	874	782	745	923	842
Trading Account Securities	11,428	27	12,491	6,555	10,507	10,703	17,004
Loans and Leases, Net of Allowance	1,107	10,368	10,561	10,537	11,233	11,787	12,367
Loans and Leases	1,120	10,384	10,577	10,554	11,247	11,803	12,387
Allowance for Loan and Lease Losses	13	16	17	17	14	17	20
Other Assets	13,038	16,681	3,734	10,437	7,287	6,782	402
Total Liabilities & Shareholders' Equity	26,442	27,940	27,660	28,311	29,772	30,194	30,615
Total Liabilities	25,210	26,648	26,313	26,926	28,292	28,693	29,153
Accrued Interest Payable	91	142	144	172	203	194	215
Long-Term Debt	-	24,837	24,510	25,124	26,509	26,543	27,129
Other Long-Term Liabilities	1,618	1,668	1,659	1,630	1,580	1,956	1,809
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,232	1,292	1,347	1,385	1,480	1,501	1,462
Total Preferred & Common Equity	1,232	1,292	1,347	1,385	1,480	1,501	1,462
Preferred Stock	485	485	485	485	485	485	411
Total Common Equity	747	808	862	901	996	1,016	1,051
Common Stock	139	141	141	142	144	145	146
Retained Earnings	672	727	755	795	855	881	908
Accumulated Other Comprehensive Income / (Loss)	-64	-60	-34	-36	-4.12	-9.14	-2.55

This table displays calculated financial ratios and metrics derived from Federal Agricultural Mortgage's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-36.77%	40.83%	10.14%	8.97%	6.23%	4.30%	10.21%	14.55%	26.37%	13.38%	6.90%
EBITDA Growth	-40.20%	24.46%	21.36%	1.53%	6.34%	7.98%	-2.22%	12.74%	25.18%	8.71%	-4.50%
EBIT Growth	-44.31%	47.84%	10.44%	9.49%	4.08%	1.93%	4.35%	19.20%	30.86%	12.15%	1.98%
NOPAT Growth	-27.93%	5.06%	4.69%	9.08%	28.18%	1.36%	4.41%	18.98%	30.90%	12.27%	3.59%
Net Income Growth	-27.93%	5.06%	4.69%	9.08%	28.18%	1.36%	4.41%	18.98%	30.90%	12.27%	3.59%
EPS Growth	-47.43%	24.33%	42.48%	10.55%	33.79%	-1.59%	1.27%	16.70%	35.05%	13.99%	3.98%
Operating Cash Flow Growth	-50.62%	19.25%	15.03%	-17.72%	14.30%	-109.85%	-379.96%	561.58%	85.44%	-53.56%	63.03%
Free Cash Flow Firm Growth	-0.07%	-52.89%	142.33%	-556.76%	64.27%	-324.71%	-1.32%	66.42%	-72.16%	-10.51%	49.95%
Invested Capital Growth	5.36%	7.53%	-2.22%	13.45%	4.72%	17.07%	14.79%	4.75%	7.58%	7.80%	4.01%
Revenue Q/Q Growth	-4.75%	9.08%	13.09%	-6.44%	323.33%	-39.96%	7.06%	-2.35%	4.72%	1.71%	4.54%
EBITDA Q/Q Growth	-18.27%	11.56%	13.09%	-7.69%	166.03%	-34.24%	4.46%	-3.57%	4.24%	0.80%	-3.12%
EBIT Q/Q Growth	-7.07%	11.39%	15.93%	-7.97%	302.48%	-40.94%	7.41%	-2.97%	4.29%	2.09%	3.19%
NOPAT Q/Q Growth	-6.09%	5.59%	15.76%	-9.43%	224.84%	-53.07%	7.45%	-2.96%	4.18%	2.15%	4.49%
Net Income Q/Q Growth	-6.09%	5.59%	15.76%	-9.43%	440.24%	-40.83%	7.45%	-2.96%	4.18%	2.15%	4.49%
EPS Q/Q Growth	-15.33%	25.45%	20.36%	-11.05%	3.27%	11.27%	6.80%	-5.08%	4.92%	2.40%	5.72%
Operating Cash Flow Q/Q Growth	-91.65%	112.24%	51.57%	-29.76%	-25.89%	89.65%	11.66%	-22.63%	14.07%	-41.80%	682.78%
Free Cash Flow Firm Q/Q Growth	-242.36%	42.90%	165.78%	-31.69%	-95.88%	-0.89%	0.25%	-5.26%	-63.67%	-14.36%	52.00%
Invested Capital Q/Q Growth	10.61%	4.23%	-2.79%	0.15%	2.54%	1.64%	1.43%	1.55%	4.08%	4.68%	0.94%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	97.70%	86.35%	95.15%	88.65%	88.74%	91.87%	81.51%	80.22%	79.47%	76.20%	68.08%
EBIT Margin	70.54%	74.05%	74.25%	74.61%	73.10%	71.44%	67.64%	70.39%	72.89%	72.10%	68.78%
Profit (Net Income) Margin	67.82%	50.59%	48.09%	48.14%	58.08%	56.44%	53.47%	55.54%	57.53%	56.97%	55.21%
Tax Burden Percent	96.14%	68.32%	64.76%	64.52%	79.46%	79.01%	79.05%	78.91%	78.94%	79.02%	80.28%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	3.86%	31.68%	35.24%	35.48%	20.54%	20.99%	20.95%	21.09%	21.06%	20.98%	19.72%
Return on Invested Capital (ROIC)	0.53%	0.52%	0.53%	0.55%	0.65%	0.59%	0.54%	0.58%	0.72%	0.75%	0.73%
ROIC Less NNEP Spread (ROIC-NNEP)	0.53%	0.52%	0.53%	0.55%	0.65%	0.59%	0.54%	0.58%	0.72%	0.75%	0.73%
Return on Net Nonoperating Assets (RNNOA)	9.83%	10.53%	12.38%	11.92%	14.15%	13.52%	12.23%	11.76%	13.62%	14.16%	13.55%
Return on Equity (ROE)	10.36%	11.06%	12.91%	12.47%	14.80%	14.12%	12.77%	12.34%	14.33%	14.90%	14.28%
Cash Return on Invested Capital (CROIC)	-4.69%	-6.74%	2.78%	-12.05%	-3.96%	-15.14%	-13.24%	-4.06%	-6.59%	-6.76%	-3.20%
Operating Return on Assets (OROA)	0.53%	0.72%	0.77%	0.78%	0.75%	0.69%	0.63%	0.70%	0.86%	0.89%	0.85%
Return on Assets (ROA)	0.51%	0.50%	0.50%	0.50%	0.59%	0.54%	0.50%	0.55%	0.68%	0.70%	0.68%
Return on Common Equity (ROCE)	4.70%	5.71%	8.49%	8.69%	10.65%	10.18%	8.55%	7.60%	8.75%	9.52%	9.87%
Return on Equity Simple (ROE_SIMPLE)	12.88%	13.34%	12.01%	11.91%	14.36%	13.71%	11.52%	11.21%	14.01%	14.17%	13.91%
Net Operating Profit after Tax (NOPAT)	70	74	77	84	108	110	114	136	178	200	207
NOPAT Margin	67.82%	50.59%	48.09%	48.14%	58.08%	56.44%	53.47%	55.54%	57.53%	56.97%	55.21%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	18.34%	15.11%	14.17%	13.83%	14.80%	14.82%	17.07%	17.49%	15.75%	16.78%	17.05%
Operating Expenses to Revenue	30.39%	24.31%	25.08%	24.39%	26.77%	26.75%	28.71%	29.96%	26.69%	27.66%	28.14%
Earnings before Interest and Taxes (EBIT)	73	108	119	131	136	139	145	172	226	253	258
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	101	126	153	155	165	178	174	197	246	267	255
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.75	1.07	1.31	0.97	1.33	1.13	1.69	1.46	2.17	1.99
Price to Tangible Book Value (P/TBV)	0.00	0.75	1.07	1.31	0.97	1.33	1.13	1.69	1.46	2.17	1.99
Price to Revenue (P/Rev)	0.00	1.79	2.91	3.78	2.84	3.92	3.33	5.03	3.71	5.73	5.71
Price to Earnings (P/E)	0.00	5.51	7.29	9.28	5.58	8.12	7.50	11.07	7.61	11.65	11.88
Dividend Yield	2.48%	2.67%	2.33%	2.31%	4.68%	3.94%	4.82%	3.07%	3.57%	2.37%	2.84%
Earnings Yield	0.00%	18.16%	13.71%	10.78%	17.93%	12.31%	13.32%	9.04%	13.15%	8.59%	8.42%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.91	0.98	0.99	0.97	0.98	0.96	0.98	0.98	1.01	1.00
Enterprise Value to Revenue (EV/Rev)	0.00	91.36	87.54	91.84	88.95	100.39	102.34	96.00	81.52	79.60	77.02
Enterprise Value to EBITDA (EV/EBITDA)	0.00	105.80	92.00	103.60	100.24	109.27	125.56	119.67	102.58	104.47	113.14
Enterprise Value to EBIT (EV/EBIT)	0.00	123.38	117.89	123.10	121.69	140.52	151.30	136.39	111.85	110.41	111.98
Enterprise Value to NOPAT (EV/NOPAT)	0.00	180.59	182.03	190.79	153.15	177.86	191.39	172.85	141.69	139.72	139.49
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	72.12	66.16	91.92	82.75	0.00	0.00	53.90	31.19	74.36	47.18
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	34.93	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	16.40	25.43	21.23	21.92	21.58	23.89	22.01	18.71	19.24	18.65	18.38
Long-Term Debt to Equity	7.00	8.97	8.11	10.50	11.28	0.00	22.01	18.71	19.24	18.65	18.38
Financial Leverage	18.55	20.14	23.17	21.59	21.75	22.77	22.85	20.20	18.98	18.93	18.51
Leverage Ratio	20.39	22.33	26.01	24.71	24.98	26.04	25.71	22.43	21.10	21.19	20.98
Compound Leverage Factor	20.39	22.33	26.01	24.71	24.98	26.04	25.71	22.43	21.10	21.19	20.98
Debt to Total Capital	94.25%	96.22%	95.50%	95.64%	95.57%	95.98%	95.65%	94.93%	95.06%	94.91%	94.84%
Short-Term Debt to Total Capital	54.05%	62.27%	58.99%	49.84%	45.64%	95.98%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	40.21%	33.95%	36.51%	45.79%	49.93%	0.00%	95.65%	94.93%	95.06%	94.91%	94.84%
Preferred Equity to Total Capital	1.50%	1.40%	1.43%	1.26%	1.20%	1.15%	1.59%	2.03%	1.88%	1.75%	1.42%
Noncontrolling Interests to Total Capital	1.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	2.51%	2.38%	3.07%	3.10%	3.22%	2.87%	2.76%	3.05%	3.06%	3.34%	3.73%
Debt to EBITDA	126.66	111.71	89.34	99.96	98.37	107.11	125.32	115.56	99.45	98.46	107.14
Net Debt to EBITDA	113.20	102.11	87.60	98.02	95.80	103.72	119.39	110.94	95.95	95.13	103.13
Long-Term Debt to EBITDA	54.03	39.41	34.15	47.87	51.40	0.00	125.32	115.56	99.45	98.46	107.14
Debt to NOPAT	182.48	190.66	176.75	184.10	150.29	174.34	191.03	166.90	137.36	131.68	132.10
Net Debt to NOPAT	163.08	174.28	173.32	180.52	146.36	168.83	181.99	160.23	132.52	127.24	127.16
Long-Term Debt to NOPAT	77.85	67.27	67.57	88.15	78.52	0.00	191.03	166.90	137.36	131.68	132.10
Noncontrolling Interest Sharing Ratio	54.63%	48.35%	34.24%	30.31%	28.04%	27.91%	33.02%	38.43%	38.99%	36.11%	30.88%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-622	-951	403	-1,840	-657	-2,792	-2,829	-950	-1,635	-1,807	-905
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-3.65	-6.84	2.35	-7.57	-1.78	-5.92	-9.04	-4.66	-3.67	-1.70	-0.72
Operating Cash Flow to Interest Expense	0.91	1.33	1.24	0.72	0.54	-0.04	-0.30	2.14	1.81	0.35	0.49
Operating Cash Flow Less CapEx to Interest Expense	0.91	1.33	1.24	0.72	0.54	-0.04	-0.30	2.14	1.81	0.35	0.49
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	13,607	14,632	14,307	16,231	16,996	19,898	22,841	23,927	25,741	27,748	28,860
Invested Capital Turnover	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Increase / (Decrease) in Invested Capital	693	1,025	-325	1,924	765	2,902	2,943	1,086	1,814	2,007	1,112
Enterprise Value (EV)	0.00	13,334	14,071	16,087	16,553	19,483	21,890	23,522	25,241	27,945	28,902
Market Capitalization	0.00	261	468	662	529	761	712	1,233	1,148	2,013	2,144
Book Value per Share	$31.23	$32.06	$41.84	$47.41	$51.35	$53.30	$58.61	$67.73	$72.91	$85.54	$99.02
Tangible Book Value per Share	$31.23	$32.06	$41.84	$47.41	$51.35	$53.30	$58.61	$67.73	$72.91	$85.54	$99.02
Total Capital	13,607	14,632	14,307	16,231	16,996	19,898	22,841	23,927	25,741	27,748	28,860
Total Debt	12,825	14,078	13,663	15,523	16,244	19,099	21,849	22,714	24,469	26,337	27,371
Total Long-Term Debt	5,471	4,967	5,223	7,433	8,487	0.00	21,849	22,714	24,469	26,337	27,371
Net Debt	11,462	12,868	13,398	15,221	15,818	18,494	20,815	21,805	23,608	25,448	26,347
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	12,825	14,078	13,663	15,523	16,244	19,099	21,849	22,714	24,469	26,337	27,371
Total Depreciation and Amortization (D&A)	28	18	34	25	29	40	30	24	20	14	-2.64
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.50	$4.33	$6.12	$6.73	$8.91	$8.76	$8.31	$10.00	$14.00	$15.97	$16.59
Adjusted Weighted Average Basic Shares Outstanding	10.94M	10.38M	10.55M	10.62M	10.67M	10.71M	10.74M	10.77M	10.80M	10.85M	10.89M
Adjusted Diluted Earnings per Share	$3.37	$4.19	$5.97	$6.60	$8.83	$8.69	$8.27	$9.92	$13.87	$15.81	$16.44
Adjusted Weighted Average Diluted Shares Outstanding	10.94M	10.38M	10.55M	10.62M	10.67M	10.71M	10.74M	10.77M	10.80M	10.85M	10.89M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$8.76	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	10.94M	10.38M	10.55M	10.62M	10.67M	10.71M	10.74M	10.77M	10.80M	10.85M	10.89M
Normalized Net Operating Profit after Tax (NOPAT)	70	74	77	84	108	110	114	136	178	200	207
Normalized NOPAT Margin	67.82%	50.59%	48.09%	48.14%	58.08%	56.44%	53.47%	55.54%	57.53%	56.97%	55.21%
Pre Tax Income Margin	70.54%	74.05%	74.25%	74.61%	73.10%	71.44%	67.64%	70.39%	72.89%	72.10%	68.78%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.43	0.78	0.70	0.54	0.37	0.29	0.46	0.85	0.51	0.24	0.21
NOPAT to Interest Expense	0.41	0.53	0.45	0.35	0.29	0.23	0.37	0.67	0.40	0.19	0.17
EBIT Less CapEx to Interest Expense	0.43	0.78	0.70	0.54	0.37	0.29	0.46	0.85	0.51	0.24	0.21
NOPAT Less CapEx to Interest Expense	0.41	0.53	0.45	0.35	0.29	0.23	0.37	0.67	0.40	0.19	0.17
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	51.49%	34.67%	31.13%	33.73%	35.07%	40.07%	44.28%	45.06%	38.27%	37.41%	41.53%
Augmented Payout Ratio	51.49%	48.64%	43.15%	33.73%	35.07%	40.07%	44.49%	45.06%	38.27%	37.41%	41.53%

This table displays calculated financial ratios and metrics derived from Federal Agricultural Mortgage's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	15.89%	21.42%	-2.91%	18.10%	34.84%	7.46%	10.98%	6.29%	-6.88%	19.20%
EBITDA Growth	15.26%	19.51%	-2.01%	2.42%	33.41%	3.45%	6.62%	21.03%	-26.80%	-12.96%
EBIT Growth	16.46%	20.21%	-8.16%	12.05%	40.73%	9.40%	13.45%	-0.12%	-15.02%	13.21%
NOPAT Growth	17.31%	19.70%	-8.59%	12.80%	40.37%	9.68%	14.27%	-0.23%	-14.29%	18.68%
Net Income Growth	17.31%	19.70%	-8.59%	12.80%	40.37%	9.68%	14.27%	-0.23%	-14.29%	18.68%
EPS Growth	20.91%	23.99%	-10.00%	14.55%	47.48%	11.01%	15.99%	-0.54%	-17.70%	23.86%
Operating Cash Flow Growth	41.43%	3,126.21%	-77.51%	-53.60%	101.38%	-261.97%	285.29%	-52.87%	-112.22%	320.28%
Free Cash Flow Firm Growth	-12.05%	-68.62%	-19.85%	36.13%	-52.19%	-10.71%	2.38%	-90.58%	-18.34%	46.15%
Invested Capital Growth	4.97%	7.58%	7.83%	4.74%	7.18%	7.80%	7.12%	8.46%	7.86%	4.01%
Revenue Q/Q Growth	0.64%	9.72%	6.78%	0.16%	14.90%	-12.56%	10.28%	-4.07%	0.66%	11.93%
EBITDA Q/Q Growth	0.72%	5.93%	10.99%	-13.50%	31.19%	-17.86%	14.39%	-1.81%	-20.65%	-2.34%
EBIT Q/Q Growth	-1.63%	6.09%	8.94%	-1.44%	23.55%	-17.53%	12.97%	-13.23%	5.12%	9.87%
NOPAT Q/Q Growth	-1.04%	4.83%	8.33%	0.38%	23.14%	-18.09%	12.87%	-12.36%	5.78%	13.42%
Net Income Q/Q Growth	-1.04%	4.83%	8.33%	0.38%	23.14%	-18.09%	12.87%	-12.36%	5.78%	13.42%
EPS Q/Q Growth	-1.55%	5.66%	9.82%	0.27%	26.76%	-20.47%	14.75%	-14.02%	4.89%	19.69%
Operating Cash Flow Q/Q Growth	-29.78%	-42.85%	-41.21%	96.66%	204.77%	-145.97%	239.85%	-75.94%	-179.01%	928.69%
Free Cash Flow Firm Q/Q Growth	35.79%	-56.81%	-4.51%	39.30%	-53.00%	-14.07%	7.85%	-18.50%	4.99%	48.10%
Invested Capital Q/Q Growth	0.19%	4.08%	1.51%	-1.05%	2.52%	4.68%	0.87%	0.19%	1.95%	0.94%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	80.32%	77.54%	80.60%	69.60%	79.47%	74.65%	77.43%	79.25%	62.47%	54.51%
EBIT Margin	72.25%	69.85%	71.26%	70.12%	75.40%	71.11%	72.85%	65.90%	68.81%	67.54%
Profit (Net Income) Margin	57.49%	54.92%	55.72%	55.84%	59.84%	56.06%	57.37%	52.42%	55.08%	55.81%
Tax Burden Percent	79.58%	78.63%	78.19%	79.63%	79.37%	78.83%	78.75%	79.55%	80.05%	82.63%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	20.43%	21.37%	21.81%	20.37%	20.63%	21.18%	21.25%	20.45%	19.95%	17.37%
Return on Invested Capital (ROIC)	0.70%	0.68%	0.68%	0.71%	0.81%	0.74%	0.76%	0.71%	0.72%	0.74%
ROIC Less NNEP Spread (ROIC-NNEP)	0.70%	0.68%	0.68%	0.71%	0.81%	0.74%	0.76%	0.71%	0.72%	0.74%
Return on Net Nonoperating Assets (RNNOA)	13.29%	13.00%	13.09%	13.26%	14.98%	13.93%	14.15%	12.75%	13.17%	13.70%
Return on Equity (ROE)	13.99%	13.68%	13.77%	13.97%	15.78%	14.66%	14.91%	13.46%	13.89%	14.44%
Cash Return on Invested Capital (CROIC)	-4.14%	-6.59%	-6.84%	-3.92%	-6.17%	-6.76%	-6.11%	-7.35%	-6.84%	-3.20%
Operating Return on Assets (OROA)	0.83%	0.82%	0.81%	0.84%	0.95%	0.88%	0.91%	0.83%	0.84%	0.83%
Return on Assets (ROA)	0.66%	0.65%	0.64%	0.67%	0.75%	0.69%	0.72%	0.66%	0.67%	0.69%
Return on Common Equity (ROCE)	8.41%	8.35%	8.40%	8.68%	9.94%	9.37%	9.70%	8.88%	9.52%	9.98%
Return on Equity Simple (ROE_SIMPLE)	13.88%	0.00%	13.44%	13.30%	14.13%	0.00%	13.96%	13.76%	13.56%	0.00%
Net Operating Profit after Tax (NOPAT)	41	43	47	47	58	48	54	47	50	57
NOPAT Margin	57.49%	54.92%	55.72%	55.84%	59.84%	56.06%	57.37%	52.42%	55.08%	55.81%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	16.17%	15.31%	18.19%	16.48%	14.52%	18.27%	19.49%	16.51%	16.84%	15.45%
Operating Expenses to Revenue	26.90%	27.59%	28.09%	28.61%	24.74%	29.62%	29.07%	27.23%	27.40%	28.73%
Earnings before Interest and Taxes (EBIT)	52	55	60	59	73	60	68	59	62	68
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	58	61	68	59	77	63	73	71	57	55
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.36	1.46	1.72	1.76	1.80	2.17	2.13	1.94	1.94	1.99
Price to Tangible Book Value (P/TBV)	1.36	1.46	1.72	1.76	1.80	2.17	2.13	1.94	1.94	1.99
Price to Revenue (P/Rev)	3.44	3.71	4.52	4.73	4.71	5.73	5.88	5.38	5.68	5.71
Price to Earnings (P/E)	7.07	7.61	9.47	9.96	9.63	11.65	11.79	10.96	11.97	11.88
Dividend Yield	3.96%	3.57%	3.07%	2.93%	2.84%	2.37%	2.41%	2.77%	2.83%	2.84%
Earnings Yield	14.15%	13.15%	10.56%	10.04%	10.38%	8.59%	8.48%	9.12%	8.36%	8.42%
Enterprise Value to Invested Capital (EV/IC)	0.98	0.98	0.99	0.99	1.00	1.01	1.01	1.00	1.01	1.00
Enterprise Value to Revenue (EV/Rev)	81.62	81.52	84.16	80.09	76.63	79.60	78.72	76.77	80.06	77.02
Enterprise Value to EBITDA (EV/EBITDA)	102.24	102.58	105.64	104.18	99.67	104.47	104.28	98.71	108.99	113.14
Enterprise Value to EBIT (EV/EBIT)	111.52	111.85	117.30	113.07	106.69	110.41	108.60	107.50	114.89	111.98
Enterprise Value to NOPAT (EV/NOPAT)	141.13	141.69	148.77	143.14	135.09	139.72	137.22	135.87	144.92	139.49
Enterprise Value to Operating Cash Flow (EV/OCF)	34.02	31.19	43.04	55.37	40.97	74.36	51.71	57.81	367.19	47.18
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	19.07	19.24	19.22	18.20	18.14	18.65	17.91	17.68	18.55	18.38
Long-Term Debt to Equity	0.00	19.24	19.22	18.20	18.14	18.65	17.91	17.68	18.55	18.38
Financial Leverage	18.88	18.98	19.26	18.75	18.58	18.93	18.52	17.93	18.35	18.51
Leverage Ratio	21.07	21.10	21.62	20.94	20.92	21.19	20.81	20.32	20.69	20.98
Compound Leverage Factor	21.07	21.10	21.62	20.94	20.92	21.19	20.81	20.32	20.69	20.98
Debt to Total Capital	95.02%	95.06%	95.05%	94.79%	94.77%	94.91%	94.71%	94.65%	94.89%	94.84%
Short-Term Debt to Total Capital	95.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	95.06%	95.05%	94.79%	94.77%	94.91%	94.71%	94.65%	94.89%	94.84%
Preferred Equity to Total Capital	1.96%	1.88%	1.85%	1.87%	1.83%	1.75%	1.73%	1.73%	1.44%	1.42%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	3.02%	3.06%	3.09%	3.33%	3.40%	3.34%	3.56%	3.62%	3.68%	3.73%
Debt to EBITDA	99.56	99.45	101.52	99.61	94.67	98.46	97.46	93.34	102.89	107.14
Net Debt to EBITDA	95.88	95.95	97.98	96.06	91.72	95.13	94.72	90.09	99.69	103.13
Long-Term Debt to EBITDA	0.00	99.45	101.52	99.61	94.67	98.46	97.46	93.34	102.89	107.14
Debt to NOPAT	137.43	137.36	142.97	136.86	128.31	131.68	128.24	128.47	136.81	132.10
Net Debt to NOPAT	132.36	132.52	137.99	131.98	124.32	127.24	124.64	124.00	132.57	127.16
Long-Term Debt to NOPAT	0.00	137.36	142.97	136.86	128.31	131.68	128.24	128.47	136.81	132.10
Noncontrolling Interest Sharing Ratio	39.89%	38.99%	38.99%	37.87%	37.03%	36.11%	34.95%	34.03%	31.45%	30.88%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,129	-1,770	-1,850	-1,123	-1,718	-1,960	-1,806	-2,140	-2,033	-1,055
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-8.96	-9.12	-7.83	-4.23	-5.84	-7.28	-5.83	-6.76	-6.34	-3.49
Operating Cash Flow to Interest Expense	1.43	0.53	0.26	0.45	1.23	-0.62	0.75	0.18	-0.14	1.22
Operating Cash Flow Less CapEx to Interest Expense	1.43	0.53	0.26	0.45	1.23	-0.62	0.75	0.18	-0.14	1.22
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	24,733	25,741	26,130	25,857	26,509	27,748	27,989	28,044	28,592	28,860
Invested Capital Turnover	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Increase / (Decrease) in Invested Capital	1,170	1,814	1,897	1,170	1,776	2,007	1,860	2,187	2,083	1,112
Enterprise Value (EV)	24,133	25,241	25,846	25,634	26,450	27,945	28,366	28,072	28,738	28,902
Market Capitalization	1,016	1,148	1,388	1,514	1,624	2,013	2,117	1,967	2,039	2,144
Book Value per Share	$69.23	$72.91	$74.79	$79.58	$83.12	$85.54	$91.52	$93.42	$96.60	$99.02
Tangible Book Value per Share	$69.23	$72.91	$74.79	$79.58	$83.12	$85.54	$91.52	$93.42	$96.60	$99.02
Total Capital	24,733	25,741	26,130	25,857	26,509	27,748	27,989	28,044	28,592	28,860
Total Debt	23,501	24,469	24,837	24,510	25,124	26,337	26,509	26,543	27,129	27,371
Total Long-Term Debt	0.00	24,469	24,837	24,510	25,124	26,337	26,509	26,543	27,129	27,371
Net Debt	22,632	23,608	23,973	23,636	24,341	25,448	25,764	25,620	26,287	26,347
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	23,501	24,469	24,837	24,510	25,124	26,337	26,509	26,543	27,129	27,371
Total Depreciation and Amortization (D&A)	5.82	6.08	7.88	-0.44	3.95	3.00	4.29	12	-5.74	-13
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.21	$3.39	$3.73	$3.73	$4.74	$3.77	$4.33	$3.71	$3.89	$4.66
Adjusted Weighted Average Basic Shares Outstanding	10.80M	10.80M	10.83M	10.84M	10.84M	10.85M	10.88M	10.88M	10.89M	10.89M
Adjusted Diluted Earnings per Share	$3.18	$3.36	$3.69	$3.70	$4.69	$3.73	$4.28	$3.68	$3.86	$4.62
Adjusted Weighted Average Diluted Shares Outstanding	10.80M	10.80M	10.83M	10.84M	10.84M	10.85M	10.88M	10.88M	10.89M	10.89M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	10.80M	10.80M	10.83M	10.84M	10.84M	10.85M	10.88M	10.88M	10.89M	10.89M
Normalized Net Operating Profit after Tax (NOPAT)	41	43	47	47	58	48	54	47	50	57
Normalized NOPAT Margin	57.49%	54.92%	55.72%	55.84%	59.84%	56.06%	57.37%	52.42%	55.08%	55.81%
Pre Tax Income Margin	72.25%	69.85%	71.26%	70.12%	75.40%	71.11%	72.85%	65.90%	68.81%	67.54%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.41	0.28	0.25	0.22	0.25	0.22	0.22	0.19	0.19	0.23
NOPAT to Interest Expense	0.33	0.22	0.20	0.18	0.20	0.18	0.17	0.15	0.16	0.19
EBIT Less CapEx to Interest Expense	0.41	0.28	0.25	0.22	0.25	0.22	0.22	0.19	0.19	0.23
NOPAT Less CapEx to Interest Expense	0.33	0.22	0.20	0.18	0.20	0.18	0.17	0.15	0.16	0.19
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	39.41%	38.27%	40.19%	39.92%	37.36%	37.41%	37.79%	39.41%	42.75%	41.53%
Augmented Payout Ratio	39.41%	38.27%	40.19%	39.92%	37.36%	37.41%	37.79%	39.41%	42.75%	41.53%

Frequently Asked Questions About Federal Agricultural Mortgage's Financials

When does Federal Agricultural Mortgage's fiscal year end?

According to the most recent income statement we have on file, Federal Agricultural Mortgage's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Federal Agricultural Mortgage's net income changed over the last 10 years?

Federal Agricultural Mortgage's net income appears to be on an upward trend, with a most recent value of $207.19 million in 2024, rising from $70.28 million in 2014. The previous period was $200.00 million in 2023.

How has Federal Agricultural Mortgage revenue changed over the last 10 years?

Over the last 10 years, Federal Agricultural Mortgage's total revenue changed from $103.64 million in 2014 to $375.26 million in 2024, a change of 262.1%.

How much debt does Federal Agricultural Mortgage have?

Federal Agricultural Mortgage's total liabilities were at $29.84 billion at the end of 2024, a 6.1% increase from 2023, and a 120.9% increase since 2014.

How much cash does Federal Agricultural Mortgage have?

In the past 10 years, Federal Agricultural Mortgage's cash and equivalents has ranged from $265.23 million in 2016 to $1.36 billion in 2014, and is currently $1.02 billion as of their latest financial filing in 2024.

How has Federal Agricultural Mortgage's book value per share changed over the last 10 years?

Over the last 10 years, Federal Agricultural Mortgage's book value per share changed from 31.23 in 2014 to 99.02 in 2024, a change of 217.0%.

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This page (NYSE:AGM) was last updated on 4/16/2025 by MarketBeat.com Staff

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Federal Agricultural Mortgage (AGM) Financials

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Federal Agricultural Mortgage (AGM) Financials

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