Federal National Mortgage Association Fannie Mae (FNMA) Enterprise Value (2009 - 2025)
Federal National Mortgage Association Fannie Mae (FNMA) posted quarterly Enterprise Value of -$40.3 billion for Q2 2025, up 3.79% year-over-year from -$38.9 billion in Q2 2024, and down 2.47% quarter-over-quarter from -$39.4 billion in Q1 2025.
Federal National Mortgage Association Fannie Mae (FNMA) Enterprise Value (2009 - 2025) Analysis & Trends
Federal National Mortgage Association Fannie Mae (FNMA) has reported Enterprise Value for 17 consecutive years, with -$40.3 billion the latest figure, recorded in Q2 2025.
- In Q2 2025, Enterprise Value rose 3.79% year-over-year to -$40.3 billion; the TTM figure through Jun 2025 stood at -$40.3 billion (up 3.79% YoY), while the FY2024 annual figure was -$40.0 billion, down 11.56% from the prior year.
- Enterprise Value declined to -$40.3 billion in Q2 2025 per FNMA's latest filing, from -$39.4 billion in the prior quarter.
- Across five years, Enterprise Value topped out at -$20.7 billion in Q1 2024 and bottomed at -$199.1 billion in Q1 2021.
- Historically, Enterprise Value has averaged -$83.5 billion across 5 years, with a median of -$55.1 billion in 2022.
- Annual changes were most pronounced in 2024 — Enterprise Value soared 65.64% — and 2025, when it plunged 89.83%.
- Federal National Mortgage Association Fannie Mae's Enterprise Value stood at -$154.4 billion in 2021, then surged by 62.44% to -$58.0 billion in 2022, then surged by 38.23% to -$35.8 billion in 2023, then decreased by 11.56% to -$40.0 billion in 2024, then dropped by 0.91% to -$40.3 billion in 2025.
- Business Quant data shows FNMA's Enterprise Value at -$40.3 billion in Q2 2025, -$39.4 billion in Q1 2025, and -$40.0 billion in Q4 2024.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.89 Bn | 36.79 Bn | - | -3.10 Bn |
| 2 | Federal National Mortgage Association Fannie Mae | 36.43 Bn | 36.43 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.24 Bn | 13.92 Bn | - | -4.32 Bn |
| 4 | PennyMac Financial Services | 3.95 Bn | 3.20 Bn | 480.08 Mn | -748.62 Mn |
| 5 | CNFinance Holdings | 1.54 Bn | 1.47 Bn | - | -76.71 Mn |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | -148.06 Mn |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | -7.45 Bn |
| 8 | UWM Holdings | 482.66 Mn | -15.75 Mn | - | 353.06 Mn |
| 9 | Onity | 303.97 Mn | 107.67 Mn | - | -196.30 Mn |
| 10 | loanDepot | 201.58 Mn | -109.56 Mn | - | -179.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | -40.32 Bn |
| Mar 31, 2025 | -39.35 Bn |
| Dec 31, 2024 | -39.96 Bn |
| Sep 30, 2024 | -38.63 Bn |
| Jun 30, 2024 | -41.91 Bn |
| Mar 31, 2024 | -20.73 Bn |
| Dec 31, 2023 | -35.82 Bn |
| Sep 30, 2023 | -48.60 Bn |
| Jun 30, 2023 | -52.23 Bn |
| Mar 31, 2023 | -60.33 Bn |
| Dec 31, 2022 | -57.99 Bn |
| Sep 30, 2022 | -93.89 Bn |
| Jun 30, 2022 | -106.45 Bn |
| Mar 31, 2022 | -137.28 Bn |
| Dec 31, 2021 | -154.39 Bn |
| Sep 30, 2021 | -164.59 Bn |
| Jun 30, 2021 | -171.52 Bn |
| Mar 31, 2021 | -199.06 Bn |
| Dec 31, 2020 | -213.83 Bn |
| Sep 30, 2020 | -215.99 Bn |