Federal Home Loan Mortgage (FMCKK) Rent Expense (2010 - 2017)
Federal Home Loan Mortgage (FMCKK) reported Rent Expense of $17.0 million for Q3 2017, up 30.77% year-over-year from $13.0 million in Q3 2016, and up 6.25% quarter-over-quarter from $16.0 million in Q2 2017.
Federal Home Loan Mortgage (FMCKK) Rent Expense (2010 - 2017) Analysis & Trends
Federal Home Loan Mortgage (FMCKK) has 8 years of Rent Expense data on file, last reported at $17.0 million in Q3 2017.
- Rent Expense for Q3 2017 came in at $17.0 million, up 30.77% year-over-year; the trailing twelve-month figure through Sep 2017 was $71.0 million (up 24.56% YoY), and the FY2016 annual result was $66.0 million, up 17.86% from the prior year.
- Rent Expense advanced to $17.0 million in Q3 2017 per FMCKK's latest filing, from $16.0 million in the prior quarter.
- Over five years, Rent Expense peaked at $25.0 million in Q4 2016 and troughed at $12.0 million in Q1 2015.
- A 5-year average of $14.7 million and a median of $14.0 million in 2013 frame the typical range for Rent Expense.
- The sharpest annual moves came in 2015 and 2016: Rent Expense slipped 12.5% in 2015, then soared 56.25% in 2016.
- A 5-year view of Rent Expense shows it stood at $13.0 million in 2013, then increased by 15.38% to $15.0 million in 2014, then gained by 6.67% to $16.0 million in 2015, then soared by 56.25% to $25.0 million in 2016, then sank by 32.0% to $17.0 million in 2017.
- Business Quant data shows FMCKK's Rent Expense at $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 | 37.42 Bn | 34.73 Bn | - | - |
| 2 | PennyMac Financial Services | 4.27 Bn | 3.77 Bn | 523.89 Mn | - |
| 3 | Walker & Dunlop | 1.77 Bn | 1.59 Bn | - | - |
| 4 | UWM Holdings | 728.84 Mn | 1.55 Bn | - | - |
| 5 | Velocity Financial | 676.73 Mn | 592.27 Mn | - | 340,000.00 |
| 6 | CNFinance Holdings | 606.48 Mn | 557.67 Mn | - | - |
| 7 | Better Home & Finance Holding | 411.40 Mn | 341.12 Mn | - | - |
| 8 | Onity | 314.31 Mn | 314.31 Mn | - | 8.50 Mn |
| 9 | loanDepot | 211.55 Mn | -2.94 Mn | - | 4.28 Mn |
| 10 | Federal Home Loan Mortgage | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |