Federal National Mortgage Association Fannie Mae (FNMA) Total Debt (2009 - 2026)
Federal National Mortgage Association Fannie Mae (FNMA) recorded Total Debt of $4.17 trillion in Q3 2026, down 0.8% from $4.2 trillion a year earlier and down 0.5% from the prior quarter.
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Analysis
Federal National Mortgage Association Fannie Mae (FNMA) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Federal National Mortgage Association Fannie Mae reported Total Debt of $4.18 trillion, down 1.1% from FY2024.
- Annual Total Debt has a five-year compound annual growth rate of 1.2% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $4.23 trillion in FY2024 (+0.1%), $4.22 trillion in FY2023 (unchanged), $4.22 trillion in FY2022 (+1.5%) and $4.16 trillion in FY2021 (+5.7%).
- The Q3 2026 figure is the lowest quarterly Total Debt since Q4 2021.
- On a year-over-year basis, Total Debt has declined for six consecutive quarters, with an average decline of 0.5% over the last eight quarters.
- Peak year-over-year performance for Total Debt in the last five years was growth of 5.7% in Q4 2021, against a decline of 1.3% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.19 trillion (Q2 2026), $4.17 trillion (Q1 2026) and $4.18 trillion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 40.91 Bn | 9.63 Bn | 12.74 Bn | 38.96 Bn |
| 2 | Rocket Companies | 39.11 Bn | 24.79 Bn | - | 27.41 Bn |
| 3 | Federal National Mortgage Association Fannie Mae | 30.63 Bn | 30.63 Bn | - | 4,169.25 Bn |
| 4 | Royalty Pharma | 29.82 Bn | 26.79 Bn | - | 8.96 Bn |
| 5 | Affirm Holdings | 24.29 Bn | 17.98 Bn | - | 3.33 Bn |
| 6 | Synchrony Financial | 23.96 Bn | -43.67 Bn | - | 8.11 Bn |
| 7 | Royal Gold | 19.94 Bn | 19.11 Bn | 390.45 Mn | 395.89 Mn |
| 8 | Federal Home Loan Mortgage | 15.65 Bn | -3.03 Bn | - | 166.52 Bn |
| 9 | Annaly Capital Management | 13.90 Bn | 4.86 Bn | - | 38.38 Bn |
| 10 | Ares Capital | 13.70 Bn | 11.45 Bn | - | 15.12 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4,169.25 Bn |
| Jun 30, 2026 | 4,188.26 Bn |
| Mar 31, 2026 | 4,172.80 Bn |
| Dec 31, 2025 | 4,180.43 Bn |
| Sep 30, 2025 | 4,203.34 Bn |
| Jun 30, 2025 | 4,210.51 Bn |
| Mar 31, 2025 | 4,228.66 Bn |
| Dec 31, 2024 | 4,228.10 Bn |
| Sep 30, 2024 | 4,217.78 Bn |
| Jun 30, 2024 | 4,212.96 Bn |
| Mar 31, 2024 | 4,216.57 Bn |
| Dec 31, 2023 | 4,222.72 Bn |
| Sep 30, 2023 | 4,231.76 Bn |
| Jun 30, 2023 | 4,232.35 Bn |
| Mar 31, 2023 | 4,230.77 Bn |
| Dec 31, 2022 | 4,221.89 Bn |
| Sep 30, 2022 | 4,207.81 Bn |
| Jun 30, 2022 | 4,208.65 Bn |
| Mar 31, 2022 | 4,208.80 Bn |
| Dec 31, 2021 | 4,158.19 Bn |
API Access
Federal National Mortgage Association Fannie Mae Total Debt 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=total-debt&ticker=FNMA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=FNMA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();