Federal National Mortgage Association Fannie Mae (FNMAJ) Net Margin (2009 - 2026)
Federal National Mortgage Association Fannie Mae (FNMAJ) posted Net Margin of 12.38% for Q3 2026, up 12.25 percentage points from 0.13% a year earlier and up 10.37 percentage points from the prior quarter.
Federal National Mortgage Association Fannie Mae (FNMAJ) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at Federal National Mortgage Association Fannie Mae was 4.16%, up 4.12 percentage points year-over-year; for FY2025, it came in at 0.03%, up 0.02 percentage points from FY2024.
- Annual Net Margin shows a five-year change of -0.03 percentage points (FY2020 to FY2025).
- In prior years, Federal National Mortgage Association Fannie Mae's Net Margin was 0.01% in FY2024 (unchanged), 0.01% in FY2023 (unchanged), 0.01% in FY2022 (-0.24 pp) and 0.25% in FY2021 (+0.18 pp).
- The Q3 2026 figure stands as the highest quarterly Net Margin since Q1 2018.
- On a year-over-year basis, Net Margin has increased in each of the last three quarters, with an average year-over-year change of +2.22 percentage points over the last seven quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q3 2026, with a gain of 12.25 percentage points; the weakest was Q2 2022, with a drop of 0.32 percentage points.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.38% |
| Jun 30, 2026 | 2.02% |
| Mar 31, 2026 | 0.91% |
| Sep 30, 2025 | 0.13% |
| Jun 30, 2025 | -0.09% |
| Mar 31, 2025 | 0.08% |
| Dec 31, 2024 | 0.04% |
| Sep 30, 2024 | -0.04% |
| Jun 30, 2024 | 0.09% |
| Mar 31, 2024 | -0.05% |
| Dec 31, 2023 | -0.19% |
| Sep 30, 2023 | 0.22% |
| Jun 30, 2023 | -0.01% |
| Dec 31, 2022 | -0.15% |
| Sep 30, 2022 | 0.04% |
| Jun 30, 2022 | 0.05% |
| Mar 31, 2022 | 0.09% |
| Dec 31, 2021 | 0.06% |
| Sep 30, 2021 | 0.19% |
| Jun 30, 2021 | 0.37% |
Federal National Mortgage Association Fannie Mae Net Margin 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=net-margin&ticker=FNMAJ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "FNMAJ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=FNMAJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();