Mfa Financial (MFA) Net Margin (2009 - 2026)
Mfa Financial (MFA) reported Net Margin of -258.70% for Q3 2026, down 329.98 percentage points from 71.28% a year earlier and down 319.26 percentage points from the prior quarter.
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Analysis
Mfa Financial (MFA) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Mfa Financial's Net Margin came in at -22.92%, down 69.71 percentage points year-over-year; for FY2025, it came in at 56.34%, up 13.93 percentage points from FY2024.
- Net Margin has increased for three consecutive years, with a five-year change of +352.68 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 42.41% in FY2024 (+18.08 pp), 24.33% in FY2023 (+178.71 pp), -154.38% in FY2022 (-275.93 pp) and 121.55% in FY2021 (+417.89 pp).
- The Q3 2026 figure ranks as the lowest quarterly Net Margin since Q2 2022.
- Year over year, Net Margin gained in four of the last eight quarters, with an average year-over-year change of -50.80 percentage points.
- The high point for year-over-year Net Margin in five years was Q1 2023 (a gain of 224.40 percentage points); the low point was Q2 2022 (a drop of 370.49 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 60.56% (Q2 2026), -16.86% (Q1 2026) and 71.25% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 20.96% |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 21.59% |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 25.03% |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 12.38% |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 17.58% |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 13.01% |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 48.93% |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 41.81% |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | -121.54% |
| 10 | Mfa Financial | 588.06 Mn | 577.22 Mn | - | -258.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -258.70% |
| Jun 30, 2026 | 60.56% |
| Mar 31, 2026 | -16.86% |
| Dec 31, 2025 | 71.25% |
| Sep 30, 2025 | 71.28% |
| Jun 30, 2025 | 38.44% |
| Mar 31, 2025 | 50.65% |
| Dec 31, 2024 | -13.37% |
| Sep 30, 2024 | 54.94% |
| Jun 30, 2024 | 52.53% |
| Mar 31, 2024 | 44.05% |
| Dec 31, 2023 | 111.17% |
| Sep 30, 2023 | -144.50% |
| Jun 30, 2023 | -85.50% |
| Mar 31, 2023 | 152.63% |
| Sep 30, 2022 | -122.22% |
| Jun 30, 2022 | -273.56% |
| Mar 31, 2022 | -71.77% |
| Dec 31, 2021 | 51.45% |
| Sep 30, 2021 | 199.48% |
API Access
Mfa Financial 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=MFA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MFA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();