Mfa Financial (MFA) Interest Coverage Ratio (2023 - 2026)
Mfa Financial's (MFA) Interest Coverage Ratio stood at 0.22 in Q3 2026, down 84.2% from 1.37 a year earlier and down 83.8% from the prior quarter.
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Analysis
Mfa Financial (MFA) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
On a TTM basis, Mfa Financial's Interest Coverage Ratio came in at 0.98 as of Sep 30, 2026, down 21.5% year-over-year; for FY2025, it was 1.34, up 9.2% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 1.23 in FY2024 (+3.6%), 1.19 in FY2023 and 0.10 in FY2022.
- The Q3 2026 figure is the lowest quarterly Interest Coverage Ratio in data going back to Q2 2023.
- On a year-over-year basis, Interest Coverage Ratio rose in three of the last eight quarters, with an average decline of 12.5%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 174.9% in Q3 2024, against a decline of 84.2% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.34 (Q2 2026), 0.99 (Q1 2026) and 1.40 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 4.54 |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 3.67 |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 2.27 |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 1.15 |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 2.21 |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 1.39 |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 59.33 |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 0.31 |
| 10 | Mfa Financial | 588.06 Mn | 577.22 Mn | - | 0.22 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.22 |
| Jun 30, 2026 | 1.34 |
| Mar 31, 2026 | 0.99 |
| Dec 31, 2025 | 1.40 |
| Sep 30, 2025 | 1.37 |
| Jun 30, 2025 | 1.26 |
| Mar 31, 2025 | 1.33 |
| Dec 31, 2024 | 1.03 |
| Sep 30, 2024 | 1.38 |
| Jun 30, 2024 | 1.32 |
| Mar 31, 2024 | 1.19 |
| Dec 31, 2023 | 1.73 |
| Sep 30, 2023 | 0.50 |
| Jun 30, 2023 | 0.74 |
API Access
Mfa Financial Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MFA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=MFA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();