Federal Agricultural Mortgage Corporation (AGM) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 27, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AGM SEC filings page.
Federal Agricultural Mortgage Corporation (AGM) reported $408.4M in revenue for fiscal year 2025, up 8.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025 earnings barely moved while operating cash flow fell 86.9% , leaving growth funded mainly through balance-sheet financing.
Net income was$207M in FY2025, yet operating cash flow fell86.9% . That left cash flow at$80.1M , only38.6% of net income, a sharp break in earnings quality.
Assets expanded
The company invested
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 4 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Federal Agricultural Mortgage Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Federal Agricultural Mortgage Corporation's revenue grew 8.9% year-over-year to $408.4M, a solid pace of expansion. This earns a growth score of 59/100.
Federal Agricultural Mortgage Corporation has elevated debt relative to equity (D/E of 11.37), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 4/100, reflecting increased financial risk.
Not available for Federal Agricultural Mortgage Corporation, so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
Federal Agricultural Mortgage Corporation converts 19.6% of revenue into free cash flow ($80.1M). This strong cash generation earns a score of 99/100.
Not available for Federal Agricultural Mortgage Corporation, so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
Federal Agricultural Mortgage Corporation passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), the one computable operating efficiency signal (asset turnover improving) does not pass.
For every $1 of reported earnings, Federal Agricultural Mortgage Corporation generates $0.39 in operating cash flow ($80.1M OCF vs $207.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Federal Agricultural Mortgage Corporation generated $125.0M in revenue in Q2 2026. This represents an increase of 21.8% from the same quarter a year earlier. Against the prior quarter it is up 14.6%.
Federal Agricultural Mortgage Corporation reported $67.0M in net income in Q2 2026. This represents an increase of 22.1% from the same quarter a year earlier. Against the prior quarter it is up 13.2%.
Federal Agricultural Mortgage Corporation earned $5.41 per diluted share (EPS) in Q2 2026. This represents an increase of 20.8% from the same quarter a year earlier. Against the prior quarter it is up 13.9%.
Not reported for Q2 2026.
Cash & Balance Sheet
Federal Agricultural Mortgage Corporation held $1.0B in cash against $21.9B in long-term debt as of Q2 2026.
Federal Agricultural Mortgage Corporation paid $1.60 per share in dividends in Q2 2026. This represents an increase of 6.7% from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Margins & Returns
Federal Agricultural Mortgage Corporation's net profit margin was 53.6% in Q2 2026, showing the share of revenue converted to profit. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.
Federal Agricultural Mortgage Corporation's quarterly ROE was 3.6% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.2 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Federal Agricultural Mortgage Corporation repurchased no shares in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 100.0%.
Not reported for Q2 2026.
Not reported for Q2 2026.
AGM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $125.0M+21.8% | $109.1M+15.7% | $107.5M+6.1% | $104.0M+15.2% | $102.6M+14.2% | $94.3M+0.7% | $101.3M+19.2% | $90.3M-7.1% |
| SG&A Expenses | $11.6M+6.7% | $11.3M+4.7% | $11.9M-4.1% | $11.1M+28.1% | $10.9M+22.0% | $10.8M+30.3% | $12.5M+39.7% | $8.6M-5.2% |
| Interest Expense | $332.2M+9.9% | $314.6M+8.3% | $311.9M+3.2% | $316.9M-1.3% | $302.2M-4.5% | $290.5M-6.3% | $302.4M+12.3% | $320.9M+9.1% |
| Income Tax | $14.9M+40.5% | $12.3M-8.6% | $12.5M+5.6% | $11.7M-5.9% | $10.6M-12.5% | $13.5M-7.1% | $11.9M-7.2% | $12.4M-17.8% |
| Net Income | $67.0M+22.1% | $59.1M+19.1% | $47.9M-15.2% | $55.0M+10.4% | $54.8M+16.4% | $49.7M-7.6% | $56.5M+18.7% | $49.8M-14.3% |
| EPS (Basic) | $5.43+20.7% | $4.78+18.3% | $3.74-19.7% | $4.45+14.4% | $4.50+21.3% | $4.04-6.7% | $4.66+23.6% | $3.89-17.9% |
| EPS (Diluted) | $5.41+20.8% | $4.75+18.5% | $3.69-20.1% | $4.44+15.0% | $4.48+21.7% | $4.01-6.3% | $4.62+23.9% | $3.86-17.7% |
| Diluted Shares (Avg) | 11M-0.7% | 11M-0.6% | N/A | 11M+0.1% | 11M+0.1% | 11M+0.1% | N/A | 11M+0.3% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
AGM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $39.3B+19.1% | $36.7B+15.5% | $35.4B+12.9% | $33.4B+9.0% | $33.0B+9.3% | $31.8B+6.8% | $31.3B+6.1% | $30.6B+8.1% |
| Cash & Equivalents | $1.0B+0.8% | $773.9M-26.2% | $931.1M-9.1% | $901.0M+7.0% | $1.0B+11.6% | $1.0B+40.7% | $1.0B+15.2% | $842.1M+7.6% |
| Total Liabilities | $37.4B+19.0% | $35.0B+15.6% | $33.7B+12.8% | $31.7B+8.7% | $31.5B+9.6% | $30.3B+7.0% | $29.8B+6.1% | $29.2B+8.3% |
| Long-Term Debt | $21.9B+17.6% | $20.8B+15.8% | $19.5B+14.4% | $19.1B+10.5% | $18.6B+4.6% | $17.9B0.0% | $17.1B-7.7% | $17.2B-2.3% |
| Total Equity | $1.9B+20.1% | $1.7B+12.5% | $1.7B+15.4% | $1.7B+15.4% | $1.5B+2.9% | $1.5B+3.1% | $1.5B+5.5% | $1.5B+5.6% |
| Retained Earnings | $1.1B+11.2% | $1.1B+10.7% | $1.0B+11.0% | $1.0B+14.1% | $1.0B+14.0% | $970.9M+13.5% | $943.2M+14.5% | $907.6M+14.2% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities.
AGM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $40.4Mn/m | $92.1Mn/m | $103.4M-71.9% | $74.2Mn/m | -$47.7M-185.0% | -$49.8M-121.4% | $367.5Mn/m | -$44.4M-112.2% |
| Stock-Based Compensation | N/A | $3.0M-14.9% | N/A | N/A | N/A | $3.5M+1.3% | N/A | N/A |
| Capital Expenditures | N/A | N/A | $0n/m | $0-100.0% | $0-100.0% | $0-100.0% | $0n/m | $66Kn/m |
| Free Cash Flow | N/A | N/A | $103.4M-71.9% | $74.2Mn/m | -$47.7M-190.8% | -$49.8M-121.5% | $367.5Mn/m | -$44.4M-112.2% |
| Investing Cash Flow | -$2.3Bn/m | -$1.6Bn/m | -$1.9Bn/m | -$528.2Mn/m | -$1.0Bn/m | -$345.9Mn/m | -$782.9Mn/m | -$265.7Mn/m |
| Financing Cash Flow | $2.5B+135.7% | $1.3B+214.5% | $1.8B+206.1% | $324.7M+41.7% | $1.1B+363.5% | $419.8M+182.6% | $597.4M-37.0% | $229.1M-57.8% |
| Dividends Paid | $24.7M+11.7% | $24.6M+11.9% | $22.9M+14.4% | $22.1M+0.1% | $22.1M+0.2% | $22.0M+0.2% | $20.0M+6.9% | $22.0M+17.8% |
| Share Buybacks | $0n/m | $7.1Mn/m | N/A | N/A | $0 | $0 | N/A | N/A |
Not reported in any period shown, so not listed: Depreciation & Amortization.
AGM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 53.6%+0.1pp | 54.2%+1.5pp | 44.6%-11.2pp | 52.9%-2.3pp | 53.4%+1.0pp | 52.6%-4.7pp | 55.8%-0.2pp | 55.2%-4.6pp |
| Return on Equity | 3.6%+0.1pp | 3.4%+0.2pp | 2.8%-1.0pp | 3.3%-0.2pp | 3.5%+0.4pp | 3.3%-0.4pp | 3.8%+0.4pp | 3.4%-0.8pp |
| Return on Assets | 0.2%0.0pp | 0.2%0.0pp | 0.1%0.0pp | 0.2%0.0pp | 0.2%0.0pp | 0.2%0.0pp | 0.2%0.0pp | 0.2%0.0pp |
| Debt-to-Equity | 11.79-0.3x | 12.10+0.3x | 11.37-0.1x | 11.30-0.5x | 12.04+0.2x | 11.76-0.4x | 11.47-1.6x | 11.80-0.9x |
| Liabilities-to-Equity | 20.19-0.2x | 20.39+0.5x | 19.58-0.5x | 18.79-1.2x | 20.37+1.2x | 19.85+0.7x | 20.04+0.1x | 19.94+0.5x |
| Asset Turnover | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x |
| FCF Margin | N/A | N/A | 96.2% | 71.4%+120.6pp | -46.5%-105.0pp | -52.8% | 363.0% | -49.2% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Federal Agricultural Mortgage Corporation AGM | FY2025 | $408.4M | $207.4M | 50.8% | $2.2B | 63/100 |
| Lufax Holding Ltd. LU | FY2024 | $1.1B | -$530.3M | -47.4% | $736.7M | 31/100 |
| The Western Union Company WU | FY2025 | $4.1B | $499.6M | 12.3% | $1.9B | 53/100 |
| Sezzle Inc. SEZL | FY2025 | $450.3M | $133.1M | 29.6% | $4.3B | 76/100 |
| Enova International, Inc. ENVA | FY2025 | $3.2B | $308.4M | 9.8% | $4.2B | 69/100 |
| Bread Financial Holdings, Inc. BFH | FY2025 | $3.8B | $518.0M | 13.5% | $3.9B | 49/100 |
Where Federal Agricultural Mortgage Corporation Ranks
Frequently Asked Questions
What is Federal Agricultural Mortgage Corporation's annual revenue?
Federal Agricultural Mortgage Corporation (AGM) reported $408.4M in total revenue for fiscal year 2025. This represents a 8.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Federal Agricultural Mortgage Corporation's revenue growing?
Federal Agricultural Mortgage Corporation (AGM) revenue grew by 8.9% year-over-year, from $375.1M to $408.4M in fiscal year 2025.
Is Federal Agricultural Mortgage Corporation profitable?
Yes, Federal Agricultural Mortgage Corporation (AGM) reported a net income of $207.4M in fiscal year 2025, with a net profit margin of 50.8%.
How much debt does Federal Agricultural Mortgage Corporation have?
As of fiscal year 2025, Federal Agricultural Mortgage Corporation (AGM) had $931.1M in cash and equivalents against $19.5B in long-term debt.
What is Federal Agricultural Mortgage Corporation's net profit margin?
Federal Agricultural Mortgage Corporation (AGM) had a net profit margin of 50.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Federal Agricultural Mortgage Corporation pay dividends?
Yes, Federal Agricultural Mortgage Corporation (AGM) paid $1.50 per share in dividends during fiscal year 2025.
What is Federal Agricultural Mortgage Corporation's return on equity (ROE)?
Federal Agricultural Mortgage Corporation (AGM) has a return on equity of 12.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Federal Agricultural Mortgage Corporation's free cash flow?
Federal Agricultural Mortgage Corporation (AGM) generated $80.1M in free cash flow during fiscal year 2025. This represents a -86.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Federal Agricultural Mortgage Corporation's operating cash flow?
Federal Agricultural Mortgage Corporation (AGM) generated $80.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Federal Agricultural Mortgage Corporation's total assets?
Federal Agricultural Mortgage Corporation (AGM) had $35.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Federal Agricultural Mortgage Corporation's capital expenditures?
Federal Agricultural Mortgage Corporation (AGM) reported no capital expenditure during fiscal year 2025.
What is Federal Agricultural Mortgage Corporation's debt-to-equity ratio?
Federal Agricultural Mortgage Corporation (AGM) had a debt-to-equity ratio of 11.37 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Federal Agricultural Mortgage Corporation's liabilities-to-equity ratio?
Federal Agricultural Mortgage Corporation (AGM) had a liabilities-to-equity ratio of 19.58 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Federal Agricultural Mortgage Corporation's return on assets (ROA)?
Federal Agricultural Mortgage Corporation (AGM) had a return on assets of 0.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Federal Agricultural Mortgage Corporation's P/E ratio?
Federal Agricultural Mortgage Corporation (AGM) trades at 9.7x earnings, its market capitalization divided by $229.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $2.2B as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Federal Agricultural Mortgage Corporation's price-to-sales ratio?
Federal Agricultural Mortgage Corporation (AGM) trades at 5.0x sales, its market capitalization divided by $445.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.2B as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Federal Agricultural Mortgage Corporation's Piotroski F-Score?
Federal Agricultural Mortgage Corporation (AGM) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Federal Agricultural Mortgage Corporation's earnings high quality?
Federal Agricultural Mortgage Corporation (AGM) has an earnings quality ratio of 0.39x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Federal Agricultural Mortgage Corporation?
Federal Agricultural Mortgage Corporation (AGM) scores 63 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Federal Agricultural Mortgage Corporation it averages the 4 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.