Federal National Mortgage Association Fannie Mae (FNMA) Rent Expense (2009 - 2017)
Federal National Mortgage Association Fannie Mae's (FNMA) quarterly Rent Expense came in at $51.0 million in Q3 2017, up 13.33% year-over-year from $45.0 million in Q3 2016, and up 8.51% quarter-over-quarter from $47.0 million in Q2 2017.
Analysis
Federal National Mortgage Association Fannie Mae (FNMA) Rent Expense (2009 - 2017) Analysis & Trends
Federal National Mortgage Association Fannie Mae (FNMA) has reported Rent Expense for 9 consecutive years, with $51.0 million the latest figure, recorded in Q3 2017.
- On a quarterly basis, Rent Expense rose 13.33% year-over-year to $51.0 million in Q3 2017; TTM through Sep 2017 was $194.0 million, a 2.65% increase from a year earlier, with the FY2016 full-year figure at $186.0 million, up 2.2% from the prior year.
- Rent Expense was $51.0 million for Q3 2017 at Federal National Mortgage Association Fannie Mae, up from $47.0 million in the prior quarter.
- Over five years, Rent Expense peaked at $59.0 million in Q4 2014 and troughed at $43.0 million in Q1 2015.
- A 5-year average of $47.6 million and a median of $47.0 million in 2013 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense increased 22.92% in 2014 and slipped 14.0% in 2015, its largest moves.
- Over 5 years, Rent Expense stood at $48.0 million in 2013, then climbed by 22.92% to $59.0 million in 2014, then dropped by 10.17% to $53.0 million in 2015, then slipped by 5.66% to $50.0 million in 2016, then advanced by 2.0% to $51.0 million in 2017.
- The last three Rent Expense figures came in at $51.0 million (Q3 2017), $47.0 million (Q2 2017), and $46.0 million (Q1 2017), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - | - |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn | - |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn | - |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - | - |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - | - |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - | - |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - | 352,000.00 |
| 10 | Onity | 266.14 Mn | 69.84 Mn | - | 8.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2017 | 51.00 Mn |
| Jun 30, 2017 | 47.00 Mn |
| Mar 31, 2017 | 46.00 Mn |
| Dec 31, 2016 | 50.00 Mn |
| Sep 30, 2016 | 45.00 Mn |
| Jun 30, 2016 | 46.00 Mn |
| Mar 31, 2016 | 45.00 Mn |
| Dec 31, 2015 | 53.00 Mn |
| Sep 30, 2015 | 43.00 Mn |
| Jun 30, 2015 | 43.00 Mn |
| Mar 31, 2015 | 43.00 Mn |
| Dec 31, 2014 | 59.00 Mn |
| Sep 30, 2014 | 47.00 Mn |
| Jun 30, 2014 | 47.00 Mn |
| Mar 31, 2014 | 50.00 Mn |
| Dec 31, 2013 | 48.00 Mn |
| Sep 30, 2013 | 48.00 Mn |
| Jun 30, 2013 | 47.00 Mn |
| Mar 31, 2013 | 46.00 Mn |
| Dec 31, 2012 | 49.00 Mn |