Federal National Mortgage Association Fannie Mae (FNMA) Rent Expense (2009 - 2017)
Federal National Mortgage Association Fannie Mae (FNMA) posted quarterly 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 reported Rent Expense for 9 consecutive years, with $51.0 million the latest figure, recorded in Q3 2017.
- In Q3 2017, Rent Expense rose 13.33% year-over-year to $51.0 million; the TTM figure through Sep 2017 stood at $194.0 million (up 2.65% YoY), while the FY2016 annual figure was $186.0 million, up 2.2% from the prior year.
- Rent Expense climbed to $51.0 million in Q3 2017 per FNMA's latest filing, from $47.0 million in the prior quarter.
- Across five years, Rent Expense topped out at $59.0 million in Q4 2014 and bottomed at $43.0 million in Q1 2015.
- Historically, Rent Expense has averaged $47.6 million across 5 years, with a median of $47.0 million in 2013.
- Annual changes were most pronounced in 2014 — Rent Expense rose 22.92% — and 2015, when it dropped 14.0%.
- Federal National Mortgage Association Fannie Mae's Rent Expense stood at $48.0 million in 2013, then increased by 22.92% to $59.0 million in 2014, then fell by 10.17% to $53.0 million in 2015, then declined by 5.66% to $50.0 million in 2016, then grew 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 | 39.55 Bn | 36.45 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 36.61 Bn | 36.61 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.43 Bn | 14.11 Bn | - | - |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | - |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | - |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | 352,000.00 |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - | - |
| 9 | Onity | 303.25 Mn | 106.95 Mn | - | 8.20 Mn |
| 10 | loanDepot | 205.70 Mn | -105.44 Mn | - | 4.60 Mn |
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 |