Federal National Mortgage Association Fannie Mae (FNMA) FCF Margin (2009 - 2026)

Federal National Mortgage Association Fannie Mae (FNMA) has 18 years of FCF Margin data on file, last reported at 231.39% in Q1 2026.

• FCF Margin for Q1 2026 came in at 231.39%, up 18275.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 127.15% (up 17369.0% YoY), and the FY2025 annual result was 82.27%, up 11643.0% from the prior year.
• FCF Margin rose to 231.39% in Q1 2026 per FNMA's latest filing, from 83.35% in the prior quarter.
• Over five years, FCF Margin peaked at 248.6% in Q2 2022 and troughed at 153.44% in Q4 2024.
• A 5-year average of 67.68% and a median of 57.47% in 2023 frame the typical range for FCF Margin.
• The sharpest annual moves came in 2022 and 2025: FCF Margin plunged 28221 bps in 2022, then jumped 23679 bps in 2025.
• A 5-year view of FCF Margin shows it stood at 145.79% in 2022, then sank by 81 bps to 27.25% in 2023, then slumped by 663 bps to 153.44% in 2024, then surged by 154 bps to 83.35% in 2025, then surged by 178 bps to 231.39% in 2026.
• Business Quant data shows FNMA's FCF Margin at 231.39% in Q1 2026, 83.35% in Q4 2025, and 130.96% in Q3 2025.