Mfa Financial (MFA) FCF Margin (2009 - 2026)
Mfa Financial's FCF Margin was 487.37% in Q3 2026, up 459.21 percentage points from 28.16% a year earlier and up 272.13 percentage points from the prior quarter.
Powered by 
Analysis
Mfa Financial (MFA) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mfa Financial's FCF Margin was 196.88% through Sep 30, 2026, up 119.32 percentage points year-over-year; for FY2025, it came in at 31.48%, down 66.78 percentage points from FY2024.
- FCF Margin shows a five-year change of +17.47 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 98.25% in FY2024 (+42.31 pp), 55.94% in FY2023 (-150.83 pp), 206.78% in FY2022 (+155.14 pp) and 51.64% in FY2021 (+37.63 pp).
- The Q3 2026 figure marks the highest quarterly FCF Margin since Q4 2024.
- Compared with a year earlier, FCF Margin has increased for three straight quarters, with an average year-over-year change of +80.89 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was Q4 2024 (a gain of 639.78 percentage points); the worst was Q4 2025 (a drop of 583.52 percentage points).
- Per Business Quant data, MFA's FCF Margin in the three quarters before Q3 2026 was 215.24% (Q2 2026), 102.19% (Q1 2026) and 61.47% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 99.42% |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 56.70% |
| 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 | - | 10.46% |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 50.83% |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 11.45% |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 73.88% |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 137.88% |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 332.74% |
| 10 | Mfa Financial | 588.06 Mn | 577.22 Mn | - | 487.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 487.37% |
| Jun 30, 2026 | 215.24% |
| Mar 31, 2026 | 102.19% |
| Dec 31, 2025 | 61.47% |
| Sep 30, 2025 | 28.16% |
| Jun 30, 2025 | 65.33% |
| Mar 31, 2025 | -22.38% |
| Dec 31, 2024 | 644.99% |
| Sep 30, 2024 | -15.50% |
| Jun 30, 2024 | 72.39% |
| Mar 31, 2024 | 157.06% |
| Dec 31, 2023 | 5.20% |
| Sep 30, 2023 | 88.94% |
| Jun 30, 2023 | 181.45% |
| Mar 31, 2023 | -20.79% |
| Sep 30, 2022 | 262.07% |
| Jun 30, 2022 | 197.56% |
| Mar 31, 2022 | 104.28% |
| Dec 31, 2021 | 96.61% |
| Sep 30, 2021 | 8.55% |
API Access
Mfa Financial FCF 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=fcf-margin&ticker=MFA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=MFA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();