National Rural Utilities Cooperative Finance (NRUC) Net Margin (2010 - 2026)

National Rural Utilities Cooperative Finance recorded quarterly Net Margin of 43.3% in Q1 2026, up 27.52% quarter-over-quarter from 33.96% in Q4 2025, and down 3424.0% year-over-year from 1.3% in Q1 2025.

National Rural Utilities Cooperative Finance's Net Margin history runs 17 years deep, the most recent figure standing at 43.3% for Q1 2026.

  • In Q1 2026, Net Margin fell 3424.0% year-over-year to 43.3%; the TTM figure through Feb 2026 stood at 44.74% (down 1872.0% YoY), while the FY2025 annual figure was 51.38%, down 3351.0% from the prior year.
  • Net Margin came in at 43.3% for Q1 2026 at National Rural Utilities Cooperative Finance, up from 33.96% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 126.13% in Q3 2024 to a low of 133.04% in Q2 2023.
  • A 5-year average of 64.13% and a median of 82.76% in 2024 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin plunged 22979 bps in 2023 and surged 21580 bps in 2024, its largest moves.
  • National Rural Utilities Cooperative Finance's Net Margin stood at 84.77% in 2022, then rose by 1 bps to 85.29% in 2023, then retreated by 5 bps to 81.29% in 2024, then slumped by 58 bps to 33.96% in 2025, then grew by 28 bps to 43.3% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 43.3%, 33.96%, and 10.31% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Historic Data

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DateValue
Feb 28, 2026 43.30%
Nov 30, 2025 33.96%
Aug 31, 2025 10.31%
May 31, 2025 64.64%
Feb 28, 2025 77.54%
Nov 30, 2024 81.29%
Aug 31, 2024 126.13%
May 31, 2024 82.76%
Feb 29, 2024 68.76%
Nov 30, 2023 85.29%
Aug 31, 2023 88.95%
May 31, 2023 -133.04%
Feb 28, 2023 95.10%
Nov 30, 2022 84.77%
Aug 31, 2022 86.48%
May 31, 2022 96.75%
Feb 28, 2022 97.16%
Nov 30, 2021 89.09%
Aug 31, 2021 145.80%
May 31, 2021 72.37%
Feb 28, 2021 81.96%
Nov 30, 2020 73.24%
Aug 31, 2020 71.22%
May 31, 2020 182.97%
Feb 29, 2020 120.62%
Nov 30, 2019 81.22%
Aug 31, 2019 114.64%
May 31, 2019 122.98%
Feb 28, 2019 209.09%
Nov 30, 2018 61.22%
Aug 31, 2018 20.21%
May 31, 2018 30.57%
Feb 28, 2018 77.03%
Nov 30, 2017 31.71%
Aug 31, 2017 -65.59%
May 31, 2017 334.54%
Feb 28, 2017 56.84%
Nov 30, 2016 87.58%
Aug 31, 2016 145.05%
May 31, 2016 64.57%
Feb 29, 2016 130.51%
Nov 30, 2015 1,791.03%
Aug 31, 2015 21.29%
May 31, 2015 9.04%
Feb 28, 2015 463.19%
Nov 30, 2014 380.22%
Aug 31, 2014 -19.78%
May 31, 2014 13,326.53%
Feb 28, 2014 3.31%
Nov 30, 2013 20.74%
Aug 31, 2013 79.27%
May 31, 2013 126.77%
Feb 28, 2013 74.11%
Nov 30, 2012 74.67%
Aug 31, 2012 12.93%
May 31, 2012 -50.20%
Feb 29, 2012 199.55%
Nov 30, 2011 371.85%
Aug 31, 2011 121.22%
May 31, 2011 -1.19%
Feb 28, 2011 17.31%
Nov 30, 2010 18.51%
Aug 31, 2010 -11.89%