AGM · Federal Agricultural Mortgage Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $11.26M | - | $11.05M | $10.86M | $10.76M | - | $8.63M | $8.90M | $8.26M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $71.44M | - | $66.69M | $65.43M | $63.13M | - | $62.25M | $59.22M | $68.25M | - |
| Interest Expense | - | - | - | - | - | - | - | - | $309.95M | - |
| Income Tax | $12.31M | - | $11.69M | $10.59M | $13.47M | - | $12.42M | $12.11M | $14.50M | - |
| Net Income | $59.12M | - | $55.00M | $54.84M | $49.65M | - | $49.83M | $47.10M | $53.75M | - |
| EPS - Basic | $4.78 | - | $4.45 | $4.50 | $4.04 | - | $3.89 | $3.71 | $4.33 | - |
| EPS - Diluted | $4.75 | - | $4.44 | $4.48 | $4.01 | - | $3.86 | $3.68 | $4.28 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $773.93M | $931.07M | $901.02M | $1.03B | $1.05B | $1.02B | $842.06M | $922.96M | $745.11M | $888.71M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $36.73B | $35.37B | $33.38B | $33.00B | $31.80B | $31.32B | $30.62B | $30.19B | $29.77B | $29.52B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $20.77B | $19.54B | $19.06B | $18.59B | $17.94B | $17.08B | $17.25B | $17.77B | $17.94B | $18.50B |
| Total Liabilities | $35.01B | $33.65B | $31.69B | $31.45B | $30.28B | $29.84B | $29.15B | $28.69B | $28.29B | $28.11B |
| Stockholders' Equity | $1.72B | $1.72B | $1.69B | $1.54B | $1.53B | $1.49B | $1.46B | $1.50B | $1.48B | $1.41B |
| Retained Earnings | $1.07B | $1.05B | $1.04B | $1.00B | $970.87M | $943.24M | $907.64M | $880.57M | $855.49M | $823.72M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $92.05M | - | - | - | ($49.82M) | - | - | - | $233.34M | - |
| Investing Cash Flow | ($1.57B) | - | - | - | ($345.88M) | - | - | - | ($525.47M) | - |
| Financing Cash Flow | $1.32B | - | - | - | $419.82M | - | - | - | $148.54M | - |
| CapEx | - | - | - | - | $0 | - | - | - | $1.64M | - |
| Free Cash Flow | - | - | - | - | ($49.82M) | - | - | - | $231.70M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | -1.00 | - | - | - | 4.31 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 17.2% | - | 17.5% | 16.2% | 21.3% | - | 20.0% | 20.5% | 21.2% | - |
| Return on assets | 0.2% | - | 0.2% | 0.2% | 0.2% | - | 0.2% | 0.2% | 0.2% | - |
| Return on equity | 3.4% | - | 3.3% | 3.6% | 3.3% | - | 3.4% | 3.1% | 3.6% | - |
| Return on invested capital | 0.3% | - | 0.3% | 0.3% | 0.3% | - | 0.3% | 0.2% | 0.3% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 12.10 | 11.37 | 11.30 | 12.04 | 11.76 | 11.47 | 11.80 | 11.84 | 12.12 | 13.10 |
| Debt / Assets | 0.57 | 0.55 | 0.57 | 0.56 | 0.56 | 0.55 | 0.56 | 0.59 | 0.60 | 0.63 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | 0.2x | - |
| Equity multiplier | 21.39 | 20.58 | 19.79 | 21.37 | 20.85 | 21.04 | 20.94 | 20.12 | 20.11 | 20.91 |
| Liabilities / Assets | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 31.2x | - | 37.8x | 43.4x | 46.8x | - | 48.6x | 49.1x | 46.0x | - |
| P / B | 0.9x | - | 1.1x | 1.4x | 1.3x | - | 1.4x | 1.3x | 1.5x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 13.2% | - | 7.1% | 10.5% | -7.5% | - | -15.0% | -0.1% | 13.5% | - |
| Net income growth (YoY) | 19.1% | - | 10.4% | 16.4% | -7.6% | - | -14.3% | -0.2% | 14.3% | - |
| EPS growth (YoY) | 18.5% | - | 15.0% | 21.7% | -6.3% | - | -17.7% | -0.5% | 16.0% | - |
| EPS CAGR (3y) | 8.8% | - | 11.8% | 7.6% | 2.1% | - | 19.9% | 16.1% | 18.4% | - |
| EPS CAGR (5y) | 13.0% | - | 20.7% | 8.8% | 35.7% | - | 23.8% | 6.9% | 16.1% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 12.5% | 15.4% | 15.4% | 2.9% | 3.1% | 5.5% | 5.6% | 11.5% | 14.5% | 11.0% |
Peer comparison
Same SIC group: Federal & Federally-Sponsored Credit Agencies
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| FNMA | $28.96B | 49.6% | 13.2% |
Comparing FEDERAL AGRICULTURAL MORTGAGE CORP against the 1 most active filer in the same SIC group.
Dividends
$6.10/share trailing 12 months · +7.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 16, 2026 | $1.6000 |
| Dec 15, 2025 | $1.5000 |
| Sep 15, 2025 | $1.5000 |
| Jun 16, 2025 | $1.5000 |
| Mar 14, 2025 | $1.5000 |
| Dec 16, 2024 | $1.4000 |
| Sep 16, 2024 | $1.4000 |
| Jun 14, 2024 | $1.4000 |
| Mar 14, 2024 | $1.4000 |
| Dec 14, 2023 | $1.1000 |
| Sep 14, 2023 | $1.1000 |
| Jun 15, 2023 | $1.1000 |
| Mar 15, 2023 | $1.1000 |
| Dec 14, 2022 | $0.9500 |
| Sep 14, 2022 | $0.9500 |
| Jun 14, 2022 | $0.9500 |
| Mar 15, 2022 | $0.9500 |
| Dec 14, 2021 | $0.8800 |
| Sep 14, 2021 | $0.8800 |
| Jun 14, 2021 | $0.8800 |
| Mar 15, 2021 | $0.8800 |
| Dec 14, 2020 | $0.8000 |
| Sep 15, 2020 | $0.8000 |
| Jun 12, 2020 | $0.8000 |