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
DateValue
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%