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 Sep 11, 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).
A highly leveraged finance model expands its balance sheet faster than it converts reported earnings into operating cash.
Between FY2024 and FY2025, total assets rose12.9% while net income increased just0.1% , indicating the latest balance-sheet expansion produced little incremental accounting profit. At the same time, operating cash flow fell from$613M to$80M , making reported earnings materially less representative of cash generation.
FY2025 liabilities of
Operating cash flow and free cash flow were both about
Financial Health Signals
Federal Agricultural Mortgage Corporation does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
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), neither operating efficiency signal passes.
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 ROE was 3.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. 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. 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-Q | 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-Q | 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% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| 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, Inventory, Accounts Receivable, 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $40.4M+184.7% | $92.1M+284.8% | $103.4M-71.9% | $74.2M+267.3% | -$47.7M-185.0% | -$49.8M-121.4% | $367.5M+320.3% | -$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 | $0 | $0-100.0% | $0-100.0% | $0-100.0% | $0 | $66K |
| Free Cash Flow | N/A | N/A | $103.4M-71.9% | $74.2M+267.0% | -$47.7M-190.8% | -$49.8M-121.5% | $367.5M+320.3% | -$44.4M-112.2% |
| Investing Cash Flow | -$2.3B-120.9% | -$1.6B-353.8% | -$1.9B-142.9% | -$528.2M-98.8% | -$1.0B-856.4% | -$345.9M+34.2% | -$782.9M-16.0% | -$265.7M+73.4% |
| 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% |
| Share Buybacks | $0 | $7.1M | N/A | N/A | $0 | $0 | N/A | N/A |
Not reported in any period shown, so not listed: Depreciation & Amortization, Dividends Paid.
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-Q | 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 |
| 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%+3.4pp | 71.4%+120.6pp | -46.5%-105.0pp | -52.8%-111.3pp | 92.9% | -49.2%-144.3pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
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% | $2.4B | — |
| Western Union WU | FY2025 | $4.1B | $499.6M | 12.3% | $2.1B | 35/100 |
| Sezzle Inc. SEZL | FY2025 | $450.3M | $133.1M | 29.6% | $4.0B | 77/100 |
| Enova Intl Inc ENVA | FY2025 | $3.2B | $308.4M | 9.8% | $5.6B | 47/100 |
| Bread Financial Holdings, Inc. BFH | FY2025 | $3.8B | $518.0M | 13.5% | $4.1B | 10/100 |
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, measuring the company's financial leverage by comparing total debt to shareholder 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 10.7x earnings, its market capitalization divided by net income of $229.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $2.4B as of Sep 11, 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 5.5x sales, its market capitalization divided by revenue of $445.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.4B as of Sep 11, 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.