Federal Home Loan Mortgage (FMCC) Rent Expense (2010 - 2017)

Federal Home Loan Mortgage's (FMCC) quarterly Rent Expense came in at $17.0 million in Q3 2017, up 30.77% year-on-year from $13.0 million in Q3 2016, and up 6.25% on a QoQ basis from $16.0 million in Q2 2017.

Federal Home Loan Mortgage (FMCC) Rent Expense (2010 - 2017) Analysis & Trends

Federal Home Loan Mortgage (FMCC) has 8 years of Rent Expense data on file, last reported at $17.0 million in Q3 2017.

  • On a quarterly basis, Rent Expense rose 30.77% year-over-year to $17.0 million in Q3 2017; TTM through Sep 2017 was $71.0 million, a 24.56% increase from a year earlier, with the FY2016 full-year figure at $66.0 million, up 17.86% from the prior year.
  • Rent Expense for Q3 2017 stood at $17.0 million, up from $16.0 million in the prior quarter.
  • Over the last five years, Rent Expense for FMCC reached as high as $25.0 million in Q4 2016 and fell as low as $12.0 million in Q1 2015.
  • Historically, Rent Expense has averaged $14.7 million across 5 years, with a median of $14.0 million in 2013.
  • Across the five-year window, Rent Expense retreated 12.5% in 2015 and jumped 56.25% in 2016, its largest moves.
  • Year by year, Rent Expense stood at $13.0 million in 2013, then advanced by 15.38% to $15.0 million in 2014, then grew by 6.67% to $16.0 million in 2015, then soared by 56.25% to $25.0 million in 2016, then slumped by 32.0% to $17.0 million in 2017.
  • Per Business Quant data, the three most recent Rent Expense figures were $17.0 million in Q3 2017, $16.0 million in Q2 2017, and $13.0 million in Q1 2017.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Rocket Companies 38.33 Bn 35.64 Bn - -
2 Federal National Mortgage Association Fannie Mae 35.67 Bn 35.67 Bn - -
3 Federal Home Loan Mortgage 18.11 Bn 13.64 Bn - -
4 PennyMac Financial Services 4.41 Bn 3.76 Bn 523.89 Mn -
5 CNFinance Holdings 3.28 Bn 3.20 Bn - -
6 Walker & Dunlop 1.64 Bn 1.44 Bn - -
7 Velocity Financial 681.36 Mn -6.51 Bn - 340,000.00
8 UWM Holdings 540.43 Mn 116.43 Mn - -
9 Better Home & Finance Holding 362.34 Mn 298.07 Mn - -
10 Onity 340.51 Mn 215.81 Mn - 8.50 Mn

Historic Data

Download Data
DateValue
Sep 30, 2017 17.00 Mn
Sep 30, 2017 17.00 Mn
Jun 30, 2017 16.00 Mn
Jun 30, 2017 16.00 Mn
Mar 31, 2017 13.00 Mn
Mar 31, 2017 13.00 Mn
Dec 31, 2016 25.00 Mn
Dec 31, 2016 25.00 Mn
Sep 30, 2016 13.00 Mn
Sep 30, 2016 13.00 Mn
Jun 30, 2016 15.00 Mn
Jun 30, 2016 15.00 Mn
Mar 31, 2016 13.00 Mn
Mar 31, 2016 13.00 Mn
Dec 31, 2015 16.00 Mn
Dec 31, 2015 16.00 Mn
Sep 30, 2015 14.00 Mn
Sep 30, 2015 14.00 Mn
Jun 30, 2015 14.00 Mn
Jun 30, 2015 14.00 Mn