Federal Home Loan Mortgage (FMCC) Rent Expense (2010 - 2017)
Federal Home Loan Mortgage (FMCC) reported Rent Expense of $17 million for Q3 2017, up 30.8% from $13 million a year earlier and up 6.3% from the prior quarter.
Federal Home Loan Mortgage (FMCC) Rent Expense (2010 - 2017) Analysis & Trends
Over the twelve months ended Sep 30, 2017, Federal Home Loan Mortgage's Rent Expense came in at $71 million, up 24.6% year-over-year; for FY2016, it came in at $66 million, up 17.9% from FY2015.
- Rent Expense has a five-year compound annual growth rate of 1.3% (FY2011 to FY2016).
- By year, Rent Expense came in at $56 million in FY2015 (-3.4%), $58 million in FY2014 (+7.4%), $54 million in FY2013 (-5.3%) and $57 million in FY2012 (-8.1%).
- Five-year quarterly Rent Expense spans a low of $12 million in Q1 2015 and a high of $25 million in Q4 2016.
- Year over year, Rent Expense gained in six of the last eight quarters, with growth averaging 13.6%.
- The high point for year-over-year Rent Expense in five years was Q4 2016 (growth of 56.3%); the low point was Q4 2012 (a decline of 22.2%).
- Per Business Quant data, the three quarters before Q3 2017 came in at $16 million (Q2 2017), $13 million (Q1 2017) and $25 million (Q4 2016).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 41.18 Bn | 9.90 Bn | 4.68 Bn | - |
| 2 | Rocket Companies | 30.87 Bn | 16.55 Bn | - | - |
| 3 | Affirm Holdings | 26.11 Bn | 19.80 Bn | - | - |
| 4 | Royalty Pharma | 25.20 Bn | 22.16 Bn | - | - |
| 5 | Synchrony Financial | 24.32 Bn | -43.65 Bn | - | - |
| 6 | Federal National Mortgage Association Fannie Mae | 20.83 Bn | 20.83 Bn | - | - |
| 7 | Royal Gold | 19.70 Bn | 18.88 Bn | 390.45 Mn | - |
| 8 | Ares Capital | 13.30 Bn | 10.74 Bn | - | - |
| 9 | Annaly Capital Management | 13.26 Bn | 4.30 Bn | - | - |
| 10 | Federal Home Loan Mortgage | 10.54 Bn | -8.20 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2017 | 17.00 Mn |
| Jun 30, 2017 | 16.00 Mn |
| Mar 31, 2017 | 13.00 Mn |
| Dec 31, 2016 | 25.00 Mn |
| Sep 30, 2016 | 13.00 Mn |
| Jun 30, 2016 | 15.00 Mn |
| Mar 31, 2016 | 13.00 Mn |
| Dec 31, 2015 | 16.00 Mn |
| Sep 30, 2015 | 14.00 Mn |
| Jun 30, 2015 | 14.00 Mn |
| Mar 31, 2015 | 12.00 Mn |
| Dec 31, 2014 | 15.00 Mn |
| Sep 30, 2014 | 16.00 Mn |
| Jun 30, 2014 | 14.00 Mn |
| Mar 31, 2014 | 13.00 Mn |
| Dec 31, 2013 | 13.00 Mn |
| Sep 30, 2013 | 14.00 Mn |
| Jun 30, 2013 | 14.00 Mn |
| Mar 31, 2013 | 13.00 Mn |
| Dec 31, 2012 | 14.00 Mn |
Federal Home Loan Mortgage Rent Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=rent-expense&ticker=FMCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "FMCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=FMCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();