Federal National Mortgage Association Fannie Mae (FNMA) Long-Term Deferred Tax (2019 - 2026)
Federal National Mortgage Association Fannie Mae (FNMA) recorded Long-Term Deferred Tax of $9.71 billion in Q3 2026, down 2.9% from $10 billion a year earlier but up 5.7% from the prior quarter.
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Analysis
Federal National Mortgage Association Fannie Mae (FNMA) Long-Term Deferred Tax (2019 - 2026) Analysis & Trends
At the end of FY2025, Federal National Mortgage Association Fannie Mae reported Long-Term Deferred Tax of $9.83 billion, down 6.8% from FY2024.
- Annual Long-Term Deferred Tax has declined for three straight years, with a five-year compound annual growth rate of -5.4% (FY2020 to FY2025).
- Across earlier years, Long-Term Deferred Tax came in at $10.55 billion in FY2024 (-9.7%), $11.68 billion in FY2023 (-9.5%), $12.91 billion in FY2022 (+1.5%) and $12.72 billion in FY2021 (-1.8%).
- Quarterly Long-Term Deferred Tax has ranged from $9.19 billion in Q2 2026 to $13.1 billion in Q1 2022 over the past five years.
- On a year-over-year basis, Long-Term Deferred Tax has declined for 15 consecutive quarters, with an average decline of 8.1% over the last eight quarters.
- Peak year-over-year performance for Long-Term Deferred Tax in the last five years was growth of 4.7% in Q1 2022, against a decline of 9.8% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $9.19 billion (Q2 2026), $9.43 billion (Q1 2026) and $9.83 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Orix | 41.05 Bn | 9.77 Bn | 12.74 Bn |
| 2 | Rocket Companies | 38.89 Bn | 38.89 Bn | - |
| 3 | Federal National Mortgage Association Fannie Mae | 29.69 Bn | 29.69 Bn | - |
| 4 | Royalty Pharma | 29.66 Bn | 26.62 Bn | - |
| 5 | Affirm Holdings | 24.82 Bn | 18.51 Bn | - |
| 6 | Synchrony Financial | 24.44 Bn | -43.18 Bn | - |
| 7 | Royal Gold | 20.08 Bn | 19.25 Bn | 390.45 Mn |
| 8 | Federal Home Loan Mortgage | 15.14 Bn | 15.14 Bn | - |
| 9 | Annaly Capital Management | 14.11 Bn | 5.07 Bn | - |
| 10 | Ares Capital | 13.96 Bn | 11.71 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.71 Bn |
| Jun 30, 2026 | 9.19 Bn |
| Mar 31, 2026 | 9.43 Bn |
| Dec 31, 2025 | 9.83 Bn |
| Sep 30, 2025 | 10.00 Bn |
| Jun 30, 2025 | 10.13 Bn |
| Mar 31, 2025 | 10.45 Bn |
| Dec 31, 2024 | 10.55 Bn |
| Sep 30, 2024 | 10.97 Bn |
| Jun 30, 2024 | 11.04 Bn |
| Mar 31, 2024 | 11.53 Bn |
| Dec 31, 2023 | 11.68 Bn |
| Sep 30, 2023 | 11.90 Bn |
| Jun 30, 2023 | 12.00 Bn |
| Mar 31, 2023 | 12.62 Bn |
| Dec 31, 2022 | 12.91 Bn |
| Sep 30, 2022 | 12.73 Bn |
| Jun 30, 2022 | 12.40 Bn |
| Mar 31, 2022 | 13.10 Bn |
| Dec 31, 2021 | 12.72 Bn |
API Access
Federal National Mortgage Association Fannie Mae Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=FNMA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "FNMA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=FNMA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();