Federal National Mortgage Association Fannie Mae (FNMFO) Net Margin (2009 - 2026)
Federal National Mortgage Association Fannie Mae's Net Margin was 12.38% in 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 (FNMFO) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Federal National Mortgage Association Fannie Mae's Net Margin was 4.16% through Sep 30, 2026, up 4.12 percentage points year-over-year; for FY2025, it was 0.03%, up 0.02 percentage points from FY2024.
- Net Margin shows a five-year change of -0.03 percentage points (FY2020 to FY2025).
- In earlier years, 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 marks the highest quarterly Net Margin since Q1 2018.
- Compared with a year earlier, Net Margin has increased for three straight quarters, with an average year-over-year change of +2.22 percentage points over the last seven quarters.
- The best year-over-year quarter for Net Margin over five years was Q3 2026 (a gain of 12.25 percentage points); the worst was Q2 2022 (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 | 0.14% |
| 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=FNMFO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "FNMFO", "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=FNMFO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();