FOA · Finance of America Companies Inc. - 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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $497.43M | $338.17M | $234.25M | $573.24M | $1.80B | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $51.09M | $59.46M | $82.20M | $456.90M | - | $2.39M |
| Total Operating Expenses | $369.53M | $343.73M | $392.01M | $1.15B | $1.29B | - |
| D&A | $38.59M | $38.95M | $47.55M | $64.99M | $19.33M | - |
| Operating Income | $113.10M | $42.82M | ($166.84M) | ($732.05M) | $500.26M | ($2.39M) |
| Interest Expense | $57.55M | $41.41M | $118.73M | $151.74M | $123.00M | - |
| Income Tax | $3.52M | $2.40M | ($593.0K) | ($16.52M) | $2.34M | - |
| Net Income | $45.23M | $15.49M | ($80.09M) | ($190.68M) | $497.91M | ($17.67M) |
| EPS - Basic | $4.72 | $1.57 | ($9.80) | ($30.60) | - | - |
| EPS - Diluted | $3.74 | $1.18 | ($9.80) | ($31.20) | - | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $89.50M | $47.38M | $46.48M | $97.36M | $141.24M | $25.0K |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | $2.6K |
| Current Assets | - | - | - | - | - | $1.92M |
| Total Assets | $30.73B | $29.16B | $27.11B | $20.87B | $21.79B | $294.51M |
| Current Liabilities | - | - | - | - | - | $172.9K |
| Long-term Debt | $357.55M | $374.51M | $410.91M | $353.38M | - | - |
| Total Liabilities | $30.34B | $28.84B | $26.84B | $20.47B | $20.71B | $29.23M |
| Stockholders' Equity | $395.63M | $315.66M | $272.41M | $2.34B | $1.08B | - |
| Retained Earnings | ($653.66M) | ($698.89M) | ($714.38M) | ($634.29M) | ($443.61M) | ($22.22M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($429.75M) | ($423.81M) | ($71.57M) | $1.41B | - | ($739.9K) |
| Investing Cash Flow | $854.89M | $114.80M | $158.14M | ($1.82B) | ($875.11M) | ($287.50M) |
| Financing Cash Flow | ($402.45M) | $386.21M | ($139.23M) | $225.21M | - | $0 |
| CapEx | - | - | - | $11.24M | $9.03M | - |
| Free Cash Flow | - | - | - | $1.40B | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 22.7% | 12.7% | -71.2% | -127.7% | 27.8% | - |
| EBITDA margin | 30.5% | 24.2% | -50.9% | -116.4% | 28.9% | - |
| Net margin | 9.1% | 4.6% | -34.2% | -33.3% | 27.7% | - |
| Free cash flow margin | - | - | - | 243.6% | - | - |
| FCF / Net income | - | - | - | -7.32 | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 10.3% | 17.6% | 35.1% | 79.7% | - | - |
| Effective tax rate | 7.2% | 13.4% | - | - | 0.5% | - |
| Return on assets | 0.1% | 0.1% | -0.3% | -0.9% | 2.3% | -6.0% |
| Return on equity | 11.4% | 4.9% | -29.4% | -8.1% | 46.0% | - |
| Return on invested capital | 13.9% | 5.4% | -19.3% | -21.4% | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | 11.12 |
| Quick ratio | - | - | - | - | - | 11.12 |
| Cash ratio | - | - | - | - | - | 0.14 |
| Leverage | ||||||
| Debt / Equity | 0.90 | 1.19 | 1.51 | 0.15 | - | - |
| Debt / Assets | 0.01 | 0.01 | 0.02 | 0.02 | - | - |
| Debt / EBITDA | 2.36 | 4.58 | - | - | - | - |
| Interest coverage | 2.0x | 1.0x | -1.4x | -4.8x | 4.1x | - |
| Equity multiplier | 77.68 | 92.37 | 99.51 | 8.90 | 20.12 | - |
| Liabilities / Assets | 0.99 | 0.99 | 0.99 | 0.98 | 0.95 | 0.10 |
| Efficiency | ||||||
| Asset turnover | 0.02 | 0.01 | 0.01 | 0.03 | 0.08 | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 6.5x | 23.8x | - | - | - | - |
| P / B | 1.6x | 2.1x | 3.3x | 1.0x | - | - |
| P / S | 1.3x | 1.9x | 3.8x | 4.2x | - | - |
| EV / EBITDA | 6.1x | 12.1x | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 47.1% | 44.4% | -59.1% | -68.2% | - | - |
| Revenue CAGR (3y) | -4.6% | -42.7% | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 164.1% | - | 77.2% | - | - | - |
| Net income growth (YoY) | 192.1% | - | 58.0% | - | - | - |
| EPS growth (YoY) | 216.9% | - | 68.6% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 25.3% | 15.9% | -88.4% | 116.5% | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$555.49M totalPortfolio Management$302.50M · 54.5%
Retirement Solutions$252.98M · 45.5%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✓Long-term debt decreased
- -Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Mortgage Bankers & Loan Correspondents
Comparing Finance of America Companies Inc. against the 5 most active filers in the same SIC group.