A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
FEDERAL HOME LOAN MORTGAGE CORP
FMCC
$3.6B
Mkt Cap
$5.56
+0.72%
FEDERAL HOME LOAN MORTGAGE CORP (FMCC) has a 5-year average return on invested capital (ROIC) of 1.3%. This is below average and may indicate limited pricing power.
FEDERAL HOME LOAN MORTGAGE CORP (FMCC) has a market capitalization of $3.6B. It is classified as a mid-cap stock.
FEDERAL HOME LOAN MORTGAGE CORP (FMCC) does not currently pay a regular dividend.
FEDERAL HOME LOAN MORTGAGE CORP (FMCC) operates in the Federal & Federally-Sponsored Credit Agencies industry, within the Financials sector.
FEDERAL HOME LOAN MORTGAGE CORP (FMCC) reported annual revenue of $23.3 billion in its most recent fiscal year, based on SEC EDGAR filings.
FEDERAL HOME LOAN MORTGAGE CORP (FMCC) has a net profit margin of 46.1%. This is a strong margin indicating high profitability.
FEDERAL HOME LOAN MORTGAGE CORP (FMCC) generated $19.4 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
The table below compares our consolidated results of operations for the past three years. Table 1 - Summary of Consolidated Statements of Income and Comprehensive Income Year Over Year Change Year Ended December 31,2025 vs. 20242024 vs. 2023 (Dollars in millions)202520242023$%$% Net interest income$21,403 $19,737 $18,542 $1,666 8%$1,195 6% Non-interest income1,868 4,175 2,687 (2,307)(55)1,488 55 Net revenues23,271 23,912 21,229 (641)(3)2,683 13 (Provision) benefit for credit losses(1,290)(476)872 (814)(171)(1,348)NM Non-interest expense(8,620)(8,658)(8,902)38 —244 3 Income before income tax expense13,361 14,778 13,199 (1,417)(10)1,579 12 Income tax expense(2,630)(2,920)(2,661)290 10(259)(10) Net income10,731 11,858 10,538 (1,127)(10)1,320 13 Other comprehensive income (loss), net of taxes and reclassification adjustments78 (5)166 83 NM(171)NM Comprehensive income$10,809 $11,853 $10,704 ($1,044)(9)%$1,149 11% See MD&A - Critical Accounting Estimates for information concerning certain si
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 23.3B | 23.3B | 23.9B | 21.2B | 21.3B | 22.0B |
| Net Income | 10.7B | 10.7B | 11.9B | 10.5B | 9.3B | 12.1B |
| EPS | $16.51 | $16.51 | $18.24 | $16.21 | $14.35 | $18.63 |
| Free Cash Flow | 19.4B | 19.4B | 6.6B | 7.6B | 11.9B | 16.4B |
| ROIC | 3.9% | 4.6% | 0.7% | 0.3% | 0.3% | 0.4% |
| Gross Margin | 92.6% | 92.6% | 93.0% | 92.4% | 92.9% | 93.6% |
| Debt/Equity | 2.94 | 2.94 | 3.06 | 67.01 | 84.77 | 106.31 |
| Dividends/Share | $0.00 | - | - | - | $0.00 | $0.00 |
| Operating Income | 13.4B | 13.4B | 14.8B | 13.2B | 11.6B | 15.2B |
| Operating Margin | 57.4% | 57.4% | 61.8% | 62.2% | 54.6% | 69.2% |
| ROE | 15.2% | 16.5% | 22.1% | 24.9% | 28.7% | 54.5% |
| Shares Outstanding | 650M | 650M | 650M | 650M | 650M | 650M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 14.2B | 11.3B | 14.9B | 21.1B | 15.6B | 14.1B | 16.7B | 22.0B | 21.3B | 21.2B | 23.9B | 23.3B | 23.3B |
| Gross Margin | 93.5% | 91.4% | 93.4% | 94.8% | 92.1% | 89.8% | 91.9% | 93.6% | 92.9% | 92.4% | 93.0% | 92.6% | 92.6% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 1.9B | 1.9B | 2.0B | 2.1B | 2.3B | 2.6B | 2.5B | 2.7B | 1.5B | 2.8B | 2.8B | 2.9B | 2.9B |
| EBIT | 6.1B | 9.3B | 11.6B | 4.5B | 338M | 9.0B | 9.2B | 15.2B | 11.6B | 13.2B | 14.8B | 13.4B | 13.4B |
| Op. Margin | 43.0% | 81.7% | 78.2% | 21.5% | 2.2% | 64.3% | 55.4% | 69.2% | 54.6% | 62.2% | 61.8% | 57.4% | 57.4% |
| Net Income | 7.7B | 6.4B | 7.8B | -3.2B | 3.6B | 7.2B | 7.3B | 12.1B | 9.3B | 10.5B | 11.9B | 10.7B | 10.7B |
| Net Margin | 54.3% | 56.2% | 52.5% | -15.4% | 23.2% | 51.2% | 44.0% | 55.2% | 43.9% | 49.6% | 49.6% | 46.1% | 46.1% |
| Non-Recurring | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | 99.5% | 0.4% | 189.5% | -0.3% | 0.2% | 0.4% | 0.3% | 0.4% | 0.3% | 0.3% | 0.7% | 4.6% | 3.9% |
| ROE | 99.3% | 228.1% | 195.0% | -136.2% | 173.4% | 106.1% | 57.4% | 54.5% | 28.7% | 24.9% | 22.1% | 16.5% | 15.2% |
| ROA | 0.4% | 0.3% | 0.4% | -0.2% | 0.2% | 0.3% | 0.3% | 0.4% | 0.3% | 0.3% | 0.4% | 0.3% | 0.3% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 8.9B | -934M | 4.4B | 4.2B | 674M | 12.2B | 907M | 16.4B | 11.9B | 7.6B | 6.6B | 19.4B | 19.4B |
| Free Cash Flow | 8.9B | -934M | 4.4B | 4.2B | 674M | 12.2B | 907M | 16.4B | 11.9B | 7.6B | 6.6B | 19.4B | 19.4B |
| Owner Earnings | 5.4B | -6.3B | -2.7B | -1.8B | -4.6B | 12.2B | 907M | 16.4B | 11.9B | 7.6B | 6.6B | 19.4B | 19.4B |
| CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Maint. CapEx | 3.5B | 5.3B | 7.1B | 6.0B | 5.3B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Growth CapEx | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |
| D&A | 3.5B | 5.3B | 7.1B | 6.0B | 5.3B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 | N/A | N/A | N/A | N/A |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.3B | 2.1B | 14.1B | 14.1B |
| Balance Sheet | |||||||||||||
| Net Debt | 1.6T | 1.6T | 1.7T | 1.9T | 2.0T | 2.0T | 2.5T | 3.0T | 3.1T | 3.1T | 120.7B | 116.3B | 201.7B |
| Cash & Equiv. | 10.9B | 5.6B | 12.4B | 6.8B | 7.3B | 5.2B | 23.9B | 10.2B | 6.4B | 6.0B | 5.5B | 5.3B | 5.3B |
| Long-Term Debt | -76M | -48M | 282M | 2.0T | 2.0T | 2.1T | 2.6T | 3.0T | 3.1T | 3.2T | 167.3B | 169.3B | 169.3B |
| Debt/Equity | 636.82 | 588.16 | 351.71 | -6287.05 | 445.36 | 226.78 | 157.65 | 106.31 | 84.77 | 67.01 | 3.06 | 2.94 | 2.94 |
| Interest Coverage | 0.1 | 0.2 | 0.2 | 0.1 | 0.0 | 0.1 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 |
| Equity | 2.7B | 2.9B | 5.1B | -312M | 4.5B | 9.1B | 16.4B | 28.0B | 37.0B | 47.7B | 59.6B | 70.4B | 70.4B |
| Total Assets | 1.9T | 2.0T | 2.0T | 2.0T | 2.1T | 2.2T | 2.6T | 3.0T | 3.2T | 3.3T | 3.4T | 3.5T | 3.5T |
| Total Liabilities | 1.9T | 2.0T | 2.0T | 2.1T | 2.1T | 2.2T | 2.6T | 3.0T | 3.2T | 3.2T | 3.3T | 3.4T | 3.4T |
| Intangibles | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | -81.6B | -80.8B | -77.9B | -83.3B | -78.3B | -74.2B | -67.1B | -55.0B | -45.7B | -35.1B | -23.3B | -12.5B | -12.5B |
| Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Per Share Data | |||||||||||||
| EPS | 11.83 | 9.81 | 12.02 | -4.99 | 5.56 | 11.10 | 11.27 | 18.63 | 14.35 | 16.21 | 18.24 | 16.51 | 16.51 |
| Owner EPS | 8.26 | -9.62 | -4.14 | -2.79 | -7.09 | 18.76 | 1.40 | 25.16 | 18.34 | 11.71 | 10.19 | 29.80 | 29.80 |
| Book Value | 4.08 | 4.52 | 7.81 | -0.48 | 6.89 | 14.03 | 25.25 | 43.12 | 56.95 | 73.41 | 91.65 | 108.27 | 108.27 |
| Cash Flow/Share | 13.67 | -1.44 | 6.76 | 6.50 | 1.04 | 18.76 | 1.40 | 25.16 | 18.34 | 11.71 | 10.19 | 29.80 | 16.51 |
| Dividends/Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | N/A | N/A | N/A | 0.00 |
| Shares Out. | 650.0M | 650.0M | 650.0M | 650.1M | 650.1M | 650.1M | 650.1M | 650.1M | 650.1M | 650.1M | 650.1M | 650.1M | 650.1M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | N/A | 128.0 | N/A | 1.0 | N/A | 227.0 | 5.9 | 3.3 | N/A | N/A | N/A | 0.3 |
| P/FCF | 0.2 | N/A | 0.6 | 0.4 | 1.0 | 0.2 | 1.6 | 0.0 | 0.0 | 0.1 | 0.2 | 0.3 | 0.2 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 15.4 |
| Price/Book | 0.5 | 0.4 | 0.5 | N/A | 0.2 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 |
| Price/Sales | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.2 |
| FCF Yield | 650.9% | -86.0% | 176.1% | 256.8% | 96.9% | 629.6% | 61.5% | 2858.7% | 5095.7% | 1464.3% | 411.1% | 294.8% | 536.0% |
| Market Cap | 1.4B | 1.1B | 2.5B | 1.6B | 696M | 1.9B | 1.5B | 572M | 234M | 520M | 1.6B | 6.6B | 3.6B |
| Avg. Price | 3.37 | 2.31 | 1.88 | 2.79 | 1.52 | 2.67 | 2.16 | 1.51 | 0.64 | 0.51 | 1.44 | 7.84 | 5.56 |
| Year-End Price | 2.10 | 1.67 | 3.84 | 2.53 | 1.07 | 2.98 | 2.27 | 0.88 | 0.36 | 0.80 | 2.48 | 10.11 | 5.56 |
FEDERAL HOME LOAN MORTGAGE CORP passes 3 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 0.2x vs a median of 0.3x. The company's 5-year average ROIC is 1.3% with a gross margin of 92.9%. At current prices, the estimated annualized return to fair value is +18.0%.
FEDERAL HOME LOAN MORTGAGE CORP (FMCC) has a debt-to-equity ratio of 2.94. This indicates higher leverage, which may increase financial risk.
FEDERAL HOME LOAN MORTGAGE CORP (FMCC) reported earnings per share (EPS) of $16.51 in its most recent fiscal year.
FEDERAL HOME LOAN MORTGAGE CORP (FMCC) has a return on equity (ROE) of 16.5%. This indicates the company generates strong returns for shareholders.
FEDERAL HOME LOAN MORTGAGE CORP (FMCC) has a 5-year average gross margin of 92.9%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 16 years of financial data for FEDERAL HOME LOAN MORTGAGE CORP (FMCC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
FEDERAL HOME LOAN MORTGAGE CORP (FMCC) has a book value per share of $108.27, based on its most recent annual SEC filing.
No recent press releases.