Federal National Mortgage Association Fannie Mae (FNMA) Debt Ratio (2009 - 2026)
Federal National Mortgage Association Fannie Mae's Debt Ratio was 0.97 in Q3 2026, down 0.4% from 0.97 a year earlier and down 0.1% from the prior quarter.
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Analysis
Federal National Mortgage Association Fannie Mae (FNMA) Debt Ratio (2009 - 2026) Analysis & Trends
From Q2 2009 onward, Federal National Mortgage Association Fannie Mae has reported Debt Ratio for 67 quarters.
- Debt Ratio has now declined for six consecutive years.
- In earlier years, Debt Ratio was 0.97 in FY2024 (-0.4%), 0.98 in FY2023 (-0.4%), 0.98 in FY2022 (-0.3%) and 0.98 in FY2021 (-0.4%).
- The Q3 2026 figure marks the lowest quarterly Debt Ratio since Q3 2019.
- Compared with a year earlier, Debt Ratio has declined for 24 straight quarters, with an average decline of 0.4% over the last eight quarters.
- Per Business Quant data, FNMA's Debt Ratio in the three quarters before Q3 2026 was 0.97 (Q2 2026), 0.97 (Q1 2026) and 0.97 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 41.05 Bn | 9.77 Bn | 12.74 Bn | 0.35 |
| 2 | Rocket Companies | 38.89 Bn | 38.89 Bn | - | - |
| 3 | Federal National Mortgage Association Fannie Mae | 29.69 Bn | 29.69 Bn | - | 0.97 |
| 4 | Royalty Pharma | 29.66 Bn | 26.62 Bn | - | 0.45 |
| 5 | Affirm Holdings | 24.82 Bn | 18.51 Bn | - | 0.21 |
| 6 | Synchrony Financial | 24.44 Bn | -43.18 Bn | - | 0.07 |
| 7 | Royal Gold | 20.08 Bn | 19.25 Bn | 390.45 Mn | 0.04 |
| 8 | Federal Home Loan Mortgage | 15.14 Bn | 15.14 Bn | - | - |
| 9 | Annaly Capital Management | 14.11 Bn | 5.07 Bn | - | 0.26 |
| 10 | Ares Capital | 13.96 Bn | 11.71 Bn | - | 0.49 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.97 |
| Jun 30, 2026 | 0.97 |
| Mar 31, 2026 | 0.97 |
| Dec 31, 2025 | 0.97 |
| Sep 30, 2025 | 0.97 |
| Jun 30, 2025 | 0.97 |
| Mar 31, 2025 | 0.97 |
| Dec 31, 2024 | 0.97 |
| Sep 30, 2024 | 0.97 |
| Jun 30, 2024 | 0.97 |
| Mar 31, 2024 | 0.98 |
| Dec 31, 2023 | 0.98 |
| Sep 30, 2023 | 0.98 |
| Jun 30, 2023 | 0.98 |
| Mar 31, 2023 | 0.98 |
| Dec 31, 2022 | 0.98 |
| Sep 30, 2022 | 0.98 |
| Jun 30, 2022 | 0.98 |
| Mar 31, 2022 | 0.98 |
| Dec 31, 2021 | 0.98 |
API Access
Federal National Mortgage Association Fannie Mae Debt Ratio 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=debt-ratio&ticker=FNMA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "FNMA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=FNMA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();