FEDERAL AGRICULTURAL MORTGAGE CORP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Interest expense | — | — | $1.1B | $445.9M | $204.0M |
| Pretax income | $255.7M | $258.1M | $253.1M | $225.7M | $172.5M |
| Income tax expense | $48.3M | $50.9M | $53.1M | $47.5M | $36.4M |
| Net income | $207.4M | $207.2M | $200.0M | $178.1M | $136.1M |
| Balance Sheet | |||||
| Cash and equivalents | — | — | $888.7M | $861.0M | $908.8M |
| Total assets | $35.4B | $31.3B | $29.5B | $27.3B | $25.1B |
| Total liabilities | $33.7B | $29.8B | $28.1B | $26.1B | $23.9B |
| Stockholders' equity | $1.7B | $1.5B | $1.4B | $1.3B | $1.2B |
| Cash Flow Statement | |||||
| Cash from operations | $80.1M | $612.6M | $375.8M | $809.3M | $436.4M |
| Stock-based compensation | $8.3M | $8.1M | $6.8M | $4.6M | $4.3M |
| Capital expenditure | $0 | $5.3M | $0 | $0 | — |
| Free cash flow | $80.1M | $607.4M | $375.8M | $809.3M | — |
| Dividends paid | $89.0M | $86.1M | $74.8M | $68.2M | $61.3M |
| Share repurchases | $12.9M | $0 | $0 | $0 | $0 |
Shares outstanding 10.8M · Free float 96.1%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.