Federal National Mortgage Association Fannie Mae (FNMA) Rent Expense (2009 - 2017)
Federal National Mortgage Association Fannie Mae (FNMA) reported Rent Expense of $51.0 million for 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.
Federal National Mortgage Association Fannie Mae (FNMA) Rent Expense (2009 - 2017) Analysis & Trends
Federal National Mortgage Association Fannie Mae (FNMA) has 9 years of Rent Expense data on file, last reported at $51.0 million in Q3 2017.
- Rent Expense for Q3 2017 came in at $51.0 million, up 13.33% year-over-year; the trailing twelve-month figure through Sep 2017 was $194.0 million (up 2.65% YoY), and the FY2016 annual result was $186.0 million, up 2.2% from the prior year.
- Rent Expense rose to $51.0 million in Q3 2017 per FNMA's latest filing, 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.
- The sharpest annual moves came in 2014 and 2015: Rent Expense rose 22.92% in 2014, then dropped 14.0% in 2015.
- A 5-year view of Rent Expense shows it stood at $48.0 million in 2013, then grew by 22.92% to $59.0 million in 2014, then declined by 10.17% to $53.0 million in 2015, then dropped by 5.66% to $50.0 million in 2016, then climbed by 2.0% to $51.0 million in 2017.
- Business Quant data shows FNMA's Rent Expense at $51.0 million in Q3 2017, $47.0 million in Q2 2017, and $46.0 million in Q1 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 34.85 Bn | 32.16 Bn | - | - |
| 2 | PennyMac Financial Services | 4.14 Bn | 3.65 Bn | 523.89 Mn | - |
| 3 | Walker & Dunlop | 1.73 Bn | 1.55 Bn | - | - |
| 4 | UWM Holdings | 743.45 Mn | 1.57 Bn | - | - |
| 5 | Velocity Financial | 668.42 Mn | 583.96 Mn | - | 340,000.00 |
| 6 | CNFinance Holdings | 591.78 Mn | 542.97 Mn | - | - |
| 7 | Better Home & Finance Holding | 419.52 Mn | 349.24 Mn | - | - |
| 8 | Onity | 306.24 Mn | 306.24 Mn | - | 8.50 Mn |
| 9 | loanDepot | 209.70 Mn | -4.79 Mn | - | 4.28 Mn |
| 10 | Federal National Mortgage Association Fannie Mae | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2017 | 51.00 Mn |
| Sep 30, 2017 | 51.00 Mn |
| Jun 30, 2017 | 47.00 Mn |
| Jun 30, 2017 | 47.00 Mn |
| Mar 31, 2017 | 46.00 Mn |
| Mar 31, 2017 | 46.00 Mn |
| Dec 31, 2016 | 50.00 Mn |
| Dec 31, 2016 | 50.00 Mn |
| Sep 30, 2016 | 45.00 Mn |
| Sep 30, 2016 | 45.00 Mn |
| Jun 30, 2016 | 46.00 Mn |
| Jun 30, 2016 | 46.00 Mn |
| Mar 31, 2016 | 45.00 Mn |
| Mar 31, 2016 | 45.00 Mn |
| Dec 31, 2015 | 53.00 Mn |
| Dec 31, 2015 | 53.00 Mn |
| Sep 30, 2015 | 43.00 Mn |
| Sep 30, 2015 | 43.00 Mn |
| Jun 30, 2015 | 43.00 Mn |
| Jun 30, 2015 | 43.00 Mn |