Mfa Financial (MFA) EV to FCF (2009 - 2026)
Mfa Financial's (MFA) EV to FCF was 1.69 for Q3 2026, down 72.9% from 6.23 a year earlier and down 56.4% from the prior quarter.
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Analysis
Mfa Financial (MFA) EV to FCF (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Mfa Financial's EV to FCF came in at 1.67, down 72.8% year-over-year; for FY2025, it came in at 12.20, up 139.8% from FY2024.
- By year, EV to FCF came in at 5.09 in FY2024 (-51.1%), 10.41 in FY2023 (+270.5%), 2.81 in FY2022 (-82.1%) and 15.68 in FY2021 (-70.1%).
- The Q3 2026 figure ranks as the lowest quarterly EV to FCF in data going back to Q1 2009.
- Year over year, EV to FCF has now declined in each of the last three quarters, with an average decline of 12.0% over the last eight quarters.
- The high point for year-over-year EV to FCF in five years was Q3 2023 (growth of 359.2%); the low point was Q2 2022 (a decline of 94.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 3.87 (Q2 2026), 6.00 (Q1 2026) and 12.37 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | Mfa Financial | 588.06 Mn | 577.22 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.69 |
| Jun 30, 2026 | 3.87 |
| Mar 31, 2026 | 6.00 |
| Dec 31, 2025 | 12.37 |
| Sep 30, 2025 | 6.23 |
| Jun 30, 2025 | 7.79 |
| Mar 31, 2025 | 7.94 |
| Dec 31, 2024 | 5.17 |
| Sep 30, 2024 | 13.98 |
| Jun 30, 2024 | 7.52 |
| Mar 31, 2024 | 6.84 |
| Dec 31, 2023 | 10.66 |
| Sep 30, 2023 | 8.76 |
| Jun 30, 2023 | 5.50 |
| Mar 31, 2023 | 4.72 |
| Dec 31, 2022 | 2.82 |
| Sep 30, 2022 | 1.91 |
| Jun 30, 2022 | 3.85 |
| Mar 31, 2022 | 7.10 |
| Dec 31, 2021 | 15.68 |
API Access
Mfa Financial EV to FCF 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=ev-to-fcf&ticker=MFA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "MFA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=MFA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();