Federal National Mortgage Association Fannie Mae (FNMA) FCF Margin (2009 - 2026)
Federal National Mortgage Association Fannie Mae's (FNMA) quarterly FCF Margin came in at 299.49% in Q1 2026, up 23922.0% year-on-year from N/an in Q1 2025, and up 259.33% on a QoQ basis from 83.35% in Q4 2025.
Federal National Mortgage Association Fannie Mae (FNMA) FCF Margin (2009 - 2026) Analysis & Trends
Federal National Mortgage Association Fannie Mae (FNMA) has 18 years of FCF Margin data on file, last reported at 299.49% in Q1 2026.
- On a quarterly basis, FCF Margin rose 23922.0% year-over-year to 299.49% in Q1 2026; TTM through Mar 2026 was 135.29%, a 17704.0% increase from a year earlier, with the FY2025 full-year figure at 107.09%, up 15122.0% from the prior year.
- FCF Margin for Q1 2026 stood at 299.49%, up from 83.35% in the prior quarter.
- Over the last five years, FCF Margin for FNMA reached as high as 299.49% in Q1 2026 and fell as low as 93.58% in Q4 2024.
- Historically, FCF Margin has averaged 84.1% across 5 years, with a median of 67.11% in 2025.
- Across the five-year window, FCF Margin soared 90262 bps in 2022 and plunged 22726 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 169.13% in 2022, then tumbled by 87 bps to 22.49% in 2023, then sank by 516 bps to 93.58% in 2024, then jumped by 189 bps to 83.35% in 2025, then surged by 259 bps to 299.49% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 299.49% in Q1 2026, 83.35% in Q4 2025, and 130.96% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | 61.68% |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | 299.49% |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | 63.07% |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | -246.65% |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | -380.25% |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | -12.13% |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | -249.49% |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | -268.49% |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | -8,324.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 299.49% |
| Dec 31, 2025 | 83.35% |
| Sep 30, 2025 | 130.96% |
| Jun 30, 2025 | 67.11% |
| Mar 31, 2025 | 60.28% |
| Dec 31, 2024 | -93.58% |
| Sep 30, 2024 | -91.26% |
| Jun 30, 2024 | 19.98% |
| Mar 31, 2024 | 129.19% |
| Dec 31, 2023 | 22.49% |
| Sep 30, 2023 | 46.46% |
| Jun 30, 2023 | 30.58% |
| Mar 31, 2023 | 61.02% |
| Dec 31, 2022 | 169.13% |
| Sep 30, 2022 | 127.07% |
| Jun 30, 2022 | 257.84% |
| Mar 31, 2022 | 109.67% |
| Dec 31, 2021 | 28.46% |
| Sep 30, 2021 | -40.83% |
| Jun 30, 2021 | 176.93% |