Federal National Mortgage Association Fannie Mae (FNMA) Interest Coverage Ratio (2009 - 2026)
Federal National Mortgage Association Fannie Mae's (FNMA) quarterly Interest Coverage Ratio came in at 1.13 in Q1 2026, little changed year-on-year from 1.14 in Q1 2025, and little changed on a QoQ basis from 1.13 in Q4 2025.
Federal National Mortgage Association Fannie Mae (FNMA) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Federal National Mortgage Association Fannie Mae (FNMA) has 18 years of Interest Coverage Ratio data on file, last reported at 1.13 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio changed 0.23% year-over-year to 1.13 in Q1 2026; TTM through Mar 2026 was 1.14, a 2.87% decrease from a year earlier, with the FY2025 full-year figure at 1.13, down 2.89% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 1.13, roughly flat from 1.13 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for FNMA reached as high as 1.27 in Q2 2022 and fell as low as 1.07 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 1.17 across 5 years, with a median of 1.17 in 2024.
- On a YoY basis, Interest Coverage Ratio climbed as much as 208.0% in 2022 and fell as far as 17.28% in 2022.
- Year by year, Interest Coverage Ratio stood at 1.07 in 2022, then rose by 9.91% to 1.18 in 2023, then advanced by 1.65% to 1.2 in 2024, then declined by 5.37% to 1.13 in 2025, then grew by 0.07% to 1.13 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.13 in Q1 2026, 1.13 in Q4 2025, and 1.15 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | 2.15 |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | 1.13 |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | 1.15 |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 0.34 |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | 2.52 |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | 1.31 |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | 2.22 |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | -7.89 |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | 1.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.13 |
| Dec 31, 2025 | 1.13 |
| Sep 30, 2025 | 1.15 |
| Jun 30, 2025 | 1.13 |
| Mar 31, 2025 | 1.14 |
| Dec 31, 2024 | 1.20 |
| Sep 30, 2024 | 1.16 |
| Jun 30, 2024 | 1.19 |
| Mar 31, 2024 | 1.17 |
| Dec 31, 2023 | 1.18 |
| Sep 30, 2023 | 1.21 |
| Jun 30, 2023 | 1.23 |
| Mar 31, 2023 | 1.18 |
| Dec 31, 2022 | 1.07 |
| Sep 30, 2022 | 1.12 |
| Jun 30, 2022 | 1.27 |
| Mar 31, 2022 | 1.23 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 1.34 |
| Jun 30, 2021 | 1.54 |