Federal National Mortgage Association Fannie Mae (FNMA) Market Capitalization (2009 - 2026)
Federal National Mortgage Association Fannie Mae's Market Capitalization was $38.19 billion in Q2 2026, down 31.8% from $55.97 billion a year earlier and down 10.3% from the prior quarter.
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Analysis
Federal National Mortgage Association Fannie Mae (FNMA) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, Market Capitalization at Federal National Mortgage Association Fannie Mae came in at $62.95 billion, up 227.1% from FY2024.
- Market Capitalization has now increased for three consecutive years, with a five-year compound annual growth rate of 35.0% (FY2020 to FY2025).
- In earlier years, Market Capitalization was $19.24 billion in FY2024 (+206.5%), $6.28 billion in FY2023 (+205.7%), $2.05 billion in FY2022 (-57.3%) and $4.81 billion in FY2021 (-65.7%).
- The Q2 2026 figure marks the lowest quarterly Market Capitalization since Q1 2025.
- Compared with a year earlier, Market Capitalization was higher in seven of the last eight quarters, with growth averaging 287.2%.
- The best year-over-year quarter for Market Capitalization over five years was Q3 2025 (growth of 921.2%); the worst was Q2 2022 (a decline of 72.4%).
- Per Business Quant data, FNMA's Market Capitalization in the three quarters before Q2 2026 was $42.59 billion (Q1 2026), $62.95 billion (Q4 2025) and $70.7 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Orix | 41.18 Bn | 9.90 Bn | 4.68 Bn |
| 2 | Rocket Companies | 30.87 Bn | 16.55 Bn | - |
| 3 | Affirm Holdings | 26.11 Bn | 19.80 Bn | - |
| 4 | Royalty Pharma | 25.20 Bn | 22.16 Bn | - |
| 5 | Synchrony Financial | 24.32 Bn | -43.65 Bn | - |
| 6 | Federal National Mortgage Association Fannie Mae | 20.83 Bn | 20.83 Bn | - |
| 7 | Royal Gold | 19.70 Bn | 18.88 Bn | 390.45 Mn |
| 8 | Ares Capital | 13.30 Bn | 10.74 Bn | - |
| 9 | Annaly Capital Management | 13.26 Bn | 4.30 Bn | - |
| 10 | Federal Home Loan Mortgage | 10.54 Bn | -8.20 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.19 Bn |
| Mar 31, 2026 | 42.59 Bn |
| Dec 31, 2025 | 62.95 Bn |
| Sep 30, 2025 | 70.70 Bn |
| Jun 30, 2025 | 55.97 Bn |
| Mar 31, 2025 | 37.08 Bn |
| Dec 31, 2024 | 19.24 Bn |
| Sep 30, 2024 | 6.92 Bn |
| Jun 30, 2024 | 8.39 Bn |
| Mar 31, 2024 | 9.21 Bn |
| Dec 31, 2023 | 6.28 Bn |
| Sep 30, 2023 | 3.64 Bn |
| Jun 30, 2023 | 2.58 Bn |
| Mar 31, 2023 | 2.41 Bn |
| Dec 31, 2022 | 2.05 Bn |
| Sep 30, 2022 | 3.05 Bn |
| Jun 30, 2022 | 2.52 Bn |
| Mar 31, 2022 | 4.63 Bn |
| Dec 31, 2021 | 4.81 Bn |
| Sep 30, 2021 | 4.93 Bn |
API Access
Federal National Mortgage Association Fannie Mae Market Capitalization 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=market-capitalization&ticker=FNMA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=FNMA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();