Mfa Financial (MFA) EBITDA (2023 - 2026)

Mfa Financial (MFA) reported EBITDA of $131.8 million for Q1 2026, down 19.31% on a YoY basis from $163.3 million in Q1 2025, and down 30.39% sequentially from $189.3 million in Q4 2025.

Mfa Financial (MFA) EBITDA (2023 - 2026) Analysis & Trends

Mfa Financial (MFA) has 4 years of EBITDA data on file, last reported at $131.8 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 19.31% year-over-year to $131.8 million; the trailing twelve-month figure through Mar 2026 stood at $658.5 million (up 1.17% YoY), and the FY2025 full-year result was $690.0 million, up 7.66% from the prior year.
  • EBITDA eased to $131.8 million in Q1 2026, from $189.3 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $213.1 million in Q4 2023 to a low of $56.7 million in Q3 2023.
  • A 4-year average of $150.5 million and a median of $161.9 million in 2025 frame the typical range for EBITDA.
  • Peak annual rise in EBITDA reached 219.42% in 2024, while the deepest fall reached 38.56% in 2024.
  • Tracing MFA's EBITDA over 4 years: stood at $213.1 million in 2023, then slumped by 38.56% to $131.0 million in 2024, then jumped by 44.51% to $189.3 million in 2025, then tumbled by 30.39% to $131.8 million in 2026.
  • Business Quant data shows MFA's EBITDA at $131.8 million in Q1 2026, $189.3 million in Q4 2025, and $177.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 1.56 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - -
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 382.38 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 598.90 Mn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 215.55 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 188.28 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 167.51 Mn
10 Mfa Financial 921.48 Mn 699.90 Mn - 131.75 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 131.75 Mn
Dec 31, 2025 189.26 Mn
Sep 30, 2025 177.00 Mn
Jun 30, 2025 160.49 Mn
Mar 31, 2025 163.27 Mn
Dec 31, 2024 130.97 Mn
Sep 30, 2024 181.05 Mn
Jun 30, 2024 175.63 Mn
Mar 31, 2024 153.28 Mn
Dec 31, 2023 213.14 Mn
Sep 30, 2023 56.68 Mn
Jun 30, 2023 73.56 Mn