Federal National Mortgage Association Fannie Mae (FNMAO) EBT Margin (2009 - 2026)
Federal National Mortgage Association Fannie Mae (FNMAO) reported EBT Margin of 65.47% for Q1 2026, up 186.0% year-over-year from 22.89% in Q1 2025, and up 6.71% quarter-over-quarter from 61.35% in Q4 2025.
Federal National Mortgage Association Fannie Mae (FNMAO) EBT Margin (2009 - 2026) Analysis & Trends
Federal National Mortgage Association Fannie Mae (FNMAO) has 18 years of EBT Margin data on file, last reported at 65.47% in Q1 2026.
- EBT Margin for Q1 2026 came in at 65.47%, up 186.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 62.13% (down 504.0% YoY), and the FY2025 annual result was 61.67%, down 740.0% from the prior year.
- EBT Margin rose to 65.47% in Q1 2026 per FNMAO's latest filing, from 61.35% in the prior quarter.
- Over five years, EBT Margin peaked at 83.34% in Q2 2023 and troughed at 26.88% in Q4 2022.
- A 5-year average of 63.96% and a median of 66.36% in 2023 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2022 and 2023: EBT Margin plunged 5531 bps in 2022, then jumped 3949 bps in 2023.
- A 5-year view of EBT Margin shows it stood at 26.88% in 2022, then jumped by 147 bps to 66.36% in 2023, then decreased by 3 bps to 64.17% in 2024, then slipped by 4 bps to 61.35% in 2025, then advanced by 7 bps to 65.47% in 2026.
- Business Quant data shows FNMAO's EBT Margin at 65.47% in Q1 2026, 61.35% in Q4 2025, and 66.06% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 37.42 Bn | 34.73 Bn | - | 13.60% |
| 2 | PennyMac Financial Services | 4.27 Bn | 3.77 Bn | 523.89 Mn | 19.21% |
| 3 | Walker & Dunlop | 1.77 Bn | 1.59 Bn | - | 8.61% |
| 4 | UWM Holdings | 728.84 Mn | 1.55 Bn | - | 19.69% |
| 5 | Velocity Financial | 676.73 Mn | 592.27 Mn | - | - |
| 6 | CNFinance Holdings | 606.48 Mn | 557.67 Mn | - | - |
| 7 | Better Home & Finance Holding | 411.40 Mn | 341.12 Mn | - | -107.20% |
| 8 | Onity | 314.31 Mn | 314.31 Mn | - | 41.36% |
| 9 | loanDepot | 211.55 Mn | -2.94 Mn | - | -19.24% |
| 10 | Federal National Mortgage Association Fannie Mae | - | - | - | 65.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 65.47% |
| Dec 31, 2025 | 61.35% |
| Sep 30, 2025 | 66.06% |
| Jun 30, 2025 | 55.80% |
| Mar 31, 2025 | 63.60% |
| Dec 31, 2024 | 64.17% |
| Sep 30, 2024 | 68.24% |
| Jun 30, 2024 | 72.58% |
| Mar 31, 2024 | 71.52% |
| Dec 31, 2023 | 66.36% |
| Sep 30, 2023 | 73.35% |
| Jun 30, 2023 | 83.34% |
| Mar 31, 2023 | 68.42% |
| Dec 31, 2022 | 26.88% |
| Sep 30, 2022 | 38.98% |
| Jun 30, 2022 | 70.20% |
| Mar 31, 2022 | 70.90% |
| Dec 31, 2021 | 82.19% |
| Sep 30, 2021 | 83.57% |
| Jun 30, 2021 | 105.18% |