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MFA Financial (MFA) Financials

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$9.34 -0.03 (-0.27%)
Closing price 05/23/2025 03:59 PM Eastern
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$9.34 +0.00 (+0.05%)
As of 05/23/2025 07:52 PM Eastern
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Annual Income Statements for MFA Financial

Annual Income Statements for MFA Financial

This table shows MFA Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Income / (Loss) Attributable to Common Shareholders		 86 47 -264 296 -709 363 287 307 298 298 299
Consolidated Net Income / (Loss)		 119 80 -232 329 -679 378 302 322 313 313 314
Net Income / (Loss) Continuing Operations		 119 80 -232 329 -679 378 302 322 313 365 314
Total Pre-Tax Income 		120 80 -232 329 -679 378 302 322 313 365 314
Total Revenue		 285 230 -67 381 -538 481 383 394 373 418 359
Net Interest Income / (Expense)		 203 176 224 242 164 364 223 236 264 315 304
Total Interest Income		 724 606 482 362 433 696 456 433 457 492 464
Loans and Leases Interest Income		 634 538 441 303 332 358 101 36 24 16 4.08
Investment Securities Interest Income		 68 51 36 58 100 334 323 368 433 476 460
Deposits and Money Market Investments Interest Income		 22 16 4.84 0.34 0.68 3.39 2.94 4.25 0.77 0.13 0.09
Total Interest Expense		 521 429 259 120 269 332 232 197 193 177 160
Other Interest Expense		 521 429 259 105 242 315 224 - - - -
Total Non-Interest Income		 82 54 -291 139 -702 118 159 158 109 102 55
Other Service Charges		 0.12 11 8.62 32 -4.57 12 -2.88 0.66 -2.85 -3.31 0.08
Net Realized & Unrealized Capital Gains on Investments		 49 -0.99 -346 107 -697 106 162 157 111 54 55
Other Non-Interest Income		 33 43 47 - - - - - - 51 -
Provision for Credit Losses		 -1.95 -8.85 26 -45 0.00 2.57 0.77 - - - -
Total Non-Interest Expense		 170 168 165 120 142 95 80 72 60 52 45
Salaries and Employee Benefits		 88 86 77 54 31 32 28 32 29 26 26
Other Operating Expenses		 80 78 79 60 110 62 50 40 31 26 20
Amortization Expense		 3.20 4.20 9.20 6.60 0.00 0.00 - - - - -
Nonoperating Income / (Expense), net		 3.14 9.39 25 23 - -5.88 - - - - -
Income Tax Expense		 0.44 0.28 -0.85 - - - - - - - -
Preferred Stock Dividends Declared		 33 33 33 33 30 15 15 15 15 15 15
Basic Earnings per Share		 $0.83 $0.46 ($2.57) $2.66 ($6.28) $0.80 $0.68 $0.79 $0.80 $0.80 $0.81
Weighted Average Basic Shares Outstanding		 102.52M 102.08M 101.91M 425.05M 452.06M 453.11M 450.48M 398.42M 371.12M 372.11M 370.36M
Diluted Earnings per Share		 $0.82 $0.46 ($2.57) $2.63 ($6.28) $0.79 $0.68 $0.79 $0.80 $0.80 $0.81
Weighted Average Diluted Shares Outstanding		 102.52M 102.08M 101.91M 425.05M 452.06M 453.11M 450.48M 398.42M 371.12M 372.11M 370.36M
Weighted Average Basic & Diluted Shares Outstanding		 102.52M 102.08M 101.91M 425.05M 452.06M 453.11M 450.48M 398.42M 371.12M 372.11M 370.36M
Cash Dividends to Common per Share		 $1.40 $1.40 $1.67 $0.39 $0.13 $0.80 $0.80 - - - -

Quarterly Income Statements for MFA Financial

This table shows MFA Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 33 -2.31 40 34 15 82 -65 -34 65 -1.51 -63
Consolidated Net Income / (Loss)		 41 5.91 48 42 23 90 -56 -26 73 6.71 -55
Net Income / (Loss) Continuing Operations		 41 5.91 48 42 23 90 -56 -26 73 6.71 -55
Total Pre-Tax Income 		40 4.49 50 42 23 90 -56 -26 73 5.86 -55
Total Revenue		 84 39 93 84 69 116 -12 16 111 33 -16
Net Interest Income / (Expense)		 58 51 51 53 48 46 46 45 39 56 52
Total Interest Income		 181 178 182 187 177 170 159 144 132 143 124
Loans and Leases Interest Income		 151 153 157 166 158 150 141 128 120 125 114
Investment Securities Interest Income		 25 20 19 15 14 15 15 13 9.66 15 7.83
Deposits and Money Market Investments Interest Income		 4.13 5.10 5.83 6.31 5.01 5.45 4.10 3.73 3.04 2.78 1.63
Total Interest Expense		 123 128 131 133 129 123 113 100 93 87 72
Other Interest Expense		 123 133 131 133 123 127 113 100 89 99 68
Total Non-Interest Income		 26 -12 42 31 21 70 -59 -29 71 -23 -68
Other Service Charges		 -1.45 -15 -3.13 8.94 9.80 -19 1.42 17 12 -36 14
Net Realized & Unrealized Capital Gains on Investments		 22 -21 36 22 12 58 -72 -46 59 -33 -82
Other Non-Interest Income		 5.44 - 8.92 - - - 12 - - - -
Provision for Credit Losses		 0.15 -2.62 0.00 0.03 0.65 -8.84 0.00 0.00 -0.01 -1.54 0.59
Total Non-Interest Expense		 42 39 43 42 46 40 44 42 42 34 43
Salaries and Employee Benefits		 23 18 22 22 25 19 24 22 21 17 21
Other Operating Expenses		 18 20 20 20 20 20 19 19 20 16 20
Amortization Expense		 0.80 0.80 0.80 0.80 0.80 0.80 0.80 1.30 1.30 1.30 1.30
Nonoperating Income / (Expense), net		 -1.51 - - - 0.99 - - - 3.94 5.60 3.86
Income Tax Expense		 -0.87 - 1.52 0.35 - - 0.09 -0.36 - - -
Preferred Stock Dividends Declared		 8.22 8.22 8.22 8.22 8.22 8.22 8.22 8.22 8.22 8.22 8.22
Basic Earnings per Share		 $0.32 ($0.01) $0.38 $0.32 $0.14 $0.80 ($0.64) ($0.34) $0.63 ($0.01) ($0.62)
Weighted Average Basic Shares Outstanding		 102.65M 102.52M 102.08M 102.08M 102.08M 102.08M 101.92M 101.92M 101.91M 101.91M 101.80M
Diluted Earnings per Share		 $0.31 ($0.01) $0.37 $0.32 $0.14 $0.80 ($0.64) ($0.34) $0.62 ($0.01) ($0.62)
Weighted Average Diluted Shares Outstanding		 102.65M 102.52M 102.08M 102.08M 102.08M 102.08M 101.92M 101.92M 101.91M 101.91M 101.80M
Weighted Average Basic & Diluted Shares Outstanding		 102.65M 102.52M 102.08M 102.08M 102.08M 102.08M 101.92M 101.92M 101.91M 101.91M 101.80M
Cash Dividends to Common per Share		 $0.36 - $0.35 $0.35 $0.35 $0.43 $0.35 $0.35 $0.35 $0.52 $0.44

Annual Cash Flow Statements for MFA Financial

This table details how cash moves in and out of MFA Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Change in Cash & Equivalents		 113 -5.87 90 -417 687 46 -375 145 82 -17 -383
Net Cash From Operating Activities		 200 109 355 138 38 216 148 177 179 278 256
Net Cash From Continuing Operating Activities		 200 109 355 138 38 216 148 177 179 278 256
Net Income / (Loss) Continuing Operations		 119 80 -232 329 -679 378 302 322 313 313 314
Consolidated Net Income / (Loss)		 119 80 -232 329 -679 378 302 322 313 313 314
Provision For Loan Losses		 -1.95 -6.85 26 -48 - - 0.77 - - - -
Amortization Expense		 -5.49 -19 -27 -59 11 -25 29 30 37 42 32
Non-Cash Adjustments to Reconcile Net Income		 72 72 575 -91 718 -121 -158 -194 -153 -128 -118
Changes in Operating Assets and Liabilities, net		 17 -18 13 7.57 -11 -16 -26 16 -18 51 27
Net Cash From Investing Activities		 -425 -1,550 -1,116 -2,185 6,384 -1,135 -2,158 1,816 935 554 451
Net Cash From Continuing Investing Activities		 -425 -1,550 -1,116 -2,185 6,384 -1,135 -2,158 1,816 935 554 451
Purchase of Investment Securities		 -3,497 -3,515 -3,197 -4,548 -1,641 -5,600 -5,660 -2,669 -2,680 -2,489 -1,619
Sale and/or Maturity of Investments		 3,072 1,965 2,082 2,357 8,040 4,487 3,395 4,410 3,581 3,039 2,070
Net Cash From Financing Activities		 338 1,435 850 1,630 -5,735 965 1,635 -1,848 -1,032 -850 -1,090
Net Cash From Continuing Financing Activities		 338 1,435 850 1,630 -5,735 965 1,635 -1,848 -1,032 -850 -1,090
Issuance of Debt		 6,073 6,552 6,308 5,715 3,803 68,947 68,747 383 0.00 0.00 -
Issuance of Common Equity		 -0.08 -0.01 1.18 1.83 21 12 392 197 4.66 1.22 36
Repayment of Debt		 -217 -33 -16 -107 0.00 -114 - -17 -22 -88 -254
Repurchase of Common Equity		 -1.49 0.00 -102 -86 -84 0.00 0.00 - - - -
Payment of Dividends		 -177 -176 -217 -189 -143 -377 -345 -324 -313 -312 -310
Other Financing Activities, Net		 -5,340 -4,909 -5,123 -3,705 -9,598 -67,504 -67,160 -2,088 -702 -450 -562
Cash Interest Paid		 516 418 239 117 254 330 233 198 195 173 161

Quarterly Cash Flow Statements for MFA Financial

This table details how cash moves in and out of MFA Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 -128 98 -39 12 41 35 -50 -24 34 -107 56
Net Cash From Operating Activities		 -15 111 -11 46 53 3.82 40 72 -7.34 6.70 136
Net Cash From Continuing Operating Activities		 -15 111 -11 46 53 3.82 40 72 -7.34 6.70 136
Net Income / (Loss) Continuing Operations		 41 5.91 48 42 23 90 -56 -26 73 6.71 -55
Consolidated Net Income / (Loss)		 41 5.91 48 42 23 90 -56 -26 73 6.71 -55
Provision For Loan Losses		 0.15 0.40 -1.94 -1.05 0.65 -8.21 1.07 0.29 -0.00 -0.27 0.24
Amortization Expense		 0.74 0.77 0.58 -3.51 -3.33 -4.32 -4.31 -5.83 -4.51 -15 -5.21
Non-Cash Adjustments to Reconcile Net Income		 -83 71 -34 14 20 -132 141 131 -67 58 196
Changes in Operating Assets and Liabilities, net		 26 33 -24 -4.47 12 59 -42 -27 -8.54 -43 0.58
Net Cash From Investing Activities		 -252 -242 90 -181 -91 -309 -548 -545 -147 -88 -278
Net Cash From Continuing Investing Activities		 -252 -242 90 -181 -91 -309 -548 -545 -147 -88 -278
Purchase of Investment Securities		 -970 -1,137 -813 -869 -678 -815 -968 -960 -772 -509 -724
Sale and/or Maturity of Investments		 719 895 903 688 586 505 420 415 624 420 447
Net Cash From Financing Activities		 138 229 -117 147 79 340 459 448 188 -26 197
Net Cash From Continuing Financing Activities		 138 229 -117 147 79 340 459 448 188 -26 197
Issuance of Debt		 1,040 2,024 1,435 1,581 1,032 1,904 1,735 1,494 1,419 3,059 -642
Issuance of Common Equity		 -0.02 -0.02 -0.02 -0.02 -0.02 -0.02 -0.02 0.02 0.02 0.03 0.03
Repayment of Debt		 -2.15 -2.40 -0.87 -173 -41 -13 -14 -2.07 -4.60 -16 1,271
Repurchase of Common Equity		 -5.19 - - - -1.49 - - - 0.00 - -
Payment of Dividends		 -44 -44 -44 -44 -44 -44 -44 -44 -44 -53 -53
Other Financing Activities, Net		 -851 -1,749 -1,507 -1,217 -866 -1,507 -1,219 -1,000 -1,182 -3,016 -379
Cash Interest Paid		 123 127 131 136 123 124 105 102 87 87 62

Annual Balance Sheets for MFA Financial

This table presents MFA Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Assets		 11,410 10,773 9,112 9,140 6,932 13,568 12,420 10,955 12,484 13,163 12,355
Cash and Due from Banks		 339 318 334 305 814 71 52 450 260 165 182
Restricted Cash		 262 170 160 100 7.17 64 37 14 58 72 67
Trading Account Securities		 1,538 746 333 257 400 11,434 11,192 9,257 11,744 12,759 11,626
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 -3.03 0.00 0.00 0.00 0.00 0.00
Mortgage Servicing Rights		 8,811 9,041 7,519 7,913 5,325 - - - - - -
Other Assets		 460 497 766 566 385 2,002 1,140 1,234 421 167 472
Total Liabilities & Shareholders' Equity		 11,410 10,773 9,112 9,140 6,932 13,568 12,420 10,955 12,484 13,163 12,355
Total Liabilities		 9,568 8,873 7,124 6,597 4,407 10,184 9,004 7,693 9,450 10,195 9,151
Long-Term Debt		 9,155 8,537 6,812 6,379 4,337 10,032 - - - 119 211
Other Long-Term Liabilities		 412 336 311 218 71 153 1,125 1,078 763 711 586
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,842 1,900 1,989 2,543 2,525 3,384 3,416 3,262 3,034 2,967 3,203
Total Preferred & Common Equity		 1,842 1,900 1,989 2,543 2,525 3,384 3,416 3,262 3,034 2,967 3,203
Preferred Stock		 0.19 0.19 0.19 0.19 0.19 0.08 0.08 0.08 0.08 0.08 0.08
Total Common Equity		 1,842 1,900 1,989 2,543 2,525 3,384 3,416 3,262 3,034 2,967 3,203
Common Stock		 3,712 3,700 3,685 3,777 3,853 3,645 3,628 3,231 3,033 3,024 3,017
Retained Earnings		 -1,880 -1,818 -1,718 -1,279 -1,405 -631 -632 -579 -573 -572 -569
Accumulated Other Comprehensive Income / (Loss)		 9.48 18 21 46 77 370 420 609 574 516 754

Quarterly Balance Sheets for MFA Financial

This table presents MFA Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 11,520 11,160 11,077 10,874 10,105 9,736 9,312 9,520
Cash and Due from Banks		 254 306 289 306 300 329 362 434
Restricted Cash		 220 197 252 223 153 174 165 167
Trading Account Securities		 1,790 1,140 863 737 724 594 505 227
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Mortgage Servicing Rights		 8,784 9,027 9,186 9,119 8,424 8,140 7,794 8,194
Other Assets		 472 490 486 489 503 499 485 497
Total Liabilities & Shareholders' Equity		 11,520 11,160 11,077 10,874 10,105 9,736 9,312 9,520
Total Liabilities		 9,681 9,279 9,194 8,990 8,256 7,791 7,293 7,486
Long-Term Debt		 9,367 8,923 8,891 8,686 8,038 7,568 7,101 7,289
Other Long-Term Liabilities		 314 357 303 304 218 223 192 196
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,838 1,880 1,883 1,884 1,849 1,945 2,019 2,034
Total Preferred & Common Equity		 1,838 1,880 1,883 1,884 1,849 1,945 2,019 2,034
Preferred Stock		 0.19 0.19 0.19 0.19 0.19 0.19 0.19 0.19
Total Common Equity		 1,838 1,880 1,883 1,884 1,848 1,945 2,018 2,034
Common Stock		 3,714 3,711 3,709 3,704 3,696 3,692 3,688 3,683
Retained Earnings		 -1,884 -1,840 -1,844 -1,840 -1,862 -1,761 -1,690 -1,680
Accumulated Other Comprehensive Income / (Loss)		 8.22 10 18 20 14 13 20 31

Annual Metrics And Ratios for MFA Financial

This table displays calculated financial ratios and metrics derived from MFA Financial's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 23.81% 443.24% -117.59% 170.90% -211.76% 25.75% -2.93% 5.81% -10.75% 16.37% 5.32%
EBITDA Growth		 113.25% 118.27% -215.62% 136.89% -286.28% 8.38% -6.54% 1.11% -14.04% 17.54% -5.45%
EBIT Growth		 64.05% 127.56% -184.24% 145.05% -276.93% 27.23% -6.39% 3.11% -14.36% 16.46% 3.57%
NOPAT Growth		 64.01% 139.23% -158.97% 164.35% -223.85% 27.23% -6.39% 3.11% -14.36% 16.46% 3.57%
Net Income Growth		 48.76% 134.62% -170.42% 148.41% -279.68% 25.29% -6.39% 3.11% -0.18% -0.09% 3.57%
EPS Growth		 78.26% 117.90% -197.72% 148.41% -279.68% 16.18% -13.92% -1.25% 0.00% -1.23% 3.85%
Operating Cash Flow Growth		 84.04% -69.40% 157.87% 258.90% -82.21% 45.91% -16.22% -1.60% -35.50% 8.72% -14.18%
Free Cash Flow Firm Growth		 71.60% -2,518.12% 96.59% -128.85% 450.05% -55.44% -151.54% 103.51% 349.33% -173.64% -50.22%
Invested Capital Growth		 5.37% 18.59% -1.35% 30.02% -48.85% 18.77% 14.37% -15.74% -6.03% 6.78% -2.23%
Revenue Q/Q Growth		 -21.41% 56.65% -143.92% 535.37% -5,665.02% -11.58% -8.24% 7.60% 28.60% 121.81% -35.44%
EBITDA Q/Q Growth		 -40.98% 222.29% -4.18% -16.08% -0.84% -7.73% -17.25% -12.46% 91.16% 55.21% -37.63%
EBIT Q/Q Growth		 -41.36% 660.42% -14.33% -4.24% -9.75% 10.12% -18.59% -12.99% 114.73% 63.75% -39.16%
NOPAT Q/Q Growth		 -43.41% 3,326.45% -32.78% -7.42% -8.77% 10.86% -18.59% -12.99% 114.73% 63.75% -39.16%
Net Income Q/Q Growth		 -41.28% 2,891.23% -19.27% -0.51% -8.77% 11.75% -11.63% 9.49% -0.27% -1.95% 0.37%
EPS Q/Q Growth		 -50.90% 231.43% -15.25% -0.51% -8.77% 8.22% -15.00% 6.76% 0.00% -2.44% 2.53%
Operating Cash Flow Q/Q Growth		 116.37% -2.59% -5.84% 5.42% -51.35% 2.15% 1.74% -12.60% -19.06% 19.04% 2.96%
Free Cash Flow Firm Q/Q Growth		 37.51% -176.82% 99.13% -694.25% -32.25% -117.60% -377.53% 9.87% 8.94% 46.69% 105.22%
Invested Capital Q/Q Growth		 1.80% 5.56% -5.60% 243.00% 167.45% 12.03% 4.29% -3.42% -0.90% -1.47% 0.39%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 38.97% 22.62% 0.00% 64.67% 0.00% 74.56% 86.50% 89.84% 94.02% 97.62% 96.64%
EBIT Margin		 40.89% 30.86% 0.00% 80.25% 0.00% 79.79% 78.86% 81.76% 83.90% 87.44% 87.38%
Profit (Net Income) Margin		 41.84% 34.82% 0.00% 86.24% 0.00% 78.56% 78.86% 81.76% 83.90% 75.02% 87.38%
Tax Burden Percent		 99.63% 99.65% 99.63% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 85.79% 100.00%
Interest Burden Percent		 102.69% 113.22% 90.16% 107.46% 100.00% 98.47% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 0.37% 0.35% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 1.08% 0.74% 0.00% 3.88% 0.00% 3.11% 2.85% 2.99% 2.58% 3.02% 2.65%
ROIC Less NNEP Spread (ROIC-NNEP)		 1.12% 0.86% 0.00% 4.30% 0.00% 3.04% 2.85% 2.99% 2.58% 2.45% 2.65%
Return on Net Nonoperating Assets (RNNOA)		 5.29% 3.39% 0.00% 9.10% 0.00% 8.01% 6.19% 7.26% 7.84% 7.13% 7.23%
Return on Equity (ROE)		 6.37% 4.12% -10.22% 12.98% -23.00% 11.12% 9.04% 10.24% 10.42% 10.15% 9.88%
Cash Return on Invested Capital (CROIC)		 -4.15% -16.27% -0.67% -22.22% 59.95% -14.05% -10.55% 20.07% 8.80% -3.54% 4.91%
Operating Return on Assets (OROA)		 1.05% 0.71% 0.00% 3.81% 0.00% 2.96% 2.58% 2.75% 2.44% 2.86% 2.53%
Return on Assets (ROA)		 1.08% 0.81% 0.00% 4.09% 0.00% 2.91% 2.58% 2.75% 2.44% 2.46% 2.53%
Return on Common Equity (ROCE)		 6.37% 4.12% -10.22% 12.98% -23.00% 11.12% 9.04% 10.24% 10.42% 10.15% 9.88%
Return on Equity Simple (ROE_SIMPLE)		 6.47% 4.22% -11.64% 12.93% -26.91% 11.17% 8.83% 9.88% 10.31% 10.56% 9.79%
Net Operating Profit after Tax (NOPAT)		 116 71 -180 306 -476 384 302 322 313 365 314
NOPAT Margin		 40.74% 30.76% 0.00% 80.25% 0.00% 79.79% 78.86% 81.76% 83.90% 87.44% 87.38%
Net Nonoperating Expense Percent (NNEP)		 -0.04% -0.12% 0.78% -0.43% 2.84% 0.07% 0.00% 0.00% 0.00% 0.58% 0.00%
SG&A Expenses to Revenue		 30.75% 37.27% 0.00% 14.11% 0.00% 6.70% 7.43% 8.03% 7.86% 6.30% 7.13%
Operating Expenses to Revenue		 59.79% 72.98% 0.00% 31.52% 0.00% 19.68% 20.94% 18.24% 16.10% 12.56% 12.62%
Earnings before Interest and Taxes (EBIT)		 117 71 -258 306 -679 384 302 322 313 365 314
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 111 52 -285 247 -668 359 331 354 350 408 347
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.56 0.53 0.39 0.56 0.45 0.57 0.44 0.43 0.38 0.30 0.30
Price to Tangible Book Value (P/TBV)		 0.56 0.53 0.39 0.56 0.45 0.57 0.44 0.43 0.38 0.30 0.30
Price to Revenue (P/Rev)		 3.65 4.40 0.00 3.72 0.00 4.00 3.93 3.58 3.09 2.14 2.69
Price to Earnings (P/E)		 12.04 21.40 0.00 4.80 0.00 5.31 5.24 4.59 3.87 2.99 3.24
Dividend Yield		 13.74% 14.10% 21.98% 11.95% 12.89% 18.76% 23.92% 22.52% 25.74% 33.20% 30.54%
Earnings Yield		 8.30% 4.67% 0.00% 20.84% 0.00% 18.84% 19.08% 21.80% 25.81% 33.41% 30.87%
Enterprise Value to Invested Capital (EV/IC)		 0.87 0.87 0.81 0.83 0.68 0.88 0.82 0.77 0.81 0.81 0.79
Enterprise Value to Revenue (EV/Rev)		 33.66 39.36 0.00 19.39 0.00 24.57 24.28 19.18 25.55 24.34 25.63
Enterprise Value to EBITDA (EV/EBITDA)		 86.39 173.97 0.00 29.99 0.00 32.95 28.07 21.34 27.18 24.93 26.52
Enterprise Value to EBIT (EV/EBIT)		 82.32 127.53 0.00 24.16 0.00 30.79 30.79 23.45 30.45 27.83 29.33
Enterprise Value to NOPAT (EV/NOPAT)		 82.62 127.97 0.00 24.16 0.00 30.79 30.79 23.45 30.45 27.83 29.33
Enterprise Value to Operating Cash Flow (EV/OCF)		 47.94 83.32 19.96 53.66 121.34 54.80 62.85 42.84 53.08 36.54 35.95
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.77 0.00 0.00 3.49 8.94 0.00 15.85
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 4.97 4.49 3.43 2.51 1.72 2.96 2.31 2.03 2.86 3.20 2.65
Long-Term Debt to Equity		 4.97 4.49 3.43 2.51 1.72 2.96 0.00 0.00 0.00 0.04 0.07
Financial Leverage		 4.73 3.95 2.91 2.11 2.43 2.63 2.17 2.43 3.03 2.91 2.72
Leverage Ratio		 5.93 5.11 4.03 3.17 3.47 3.82 3.50 3.72 4.27 4.14 3.91
Compound Leverage Factor		 6.09 5.79 3.63 3.41 3.47 3.76 3.50 3.72 4.27 4.14 3.91
Debt to Total Capital		 83.25% 81.80% 77.40% 71.50% 63.20% 74.78% 69.76% 66.98% 74.12% 76.21% 72.58%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 69.76% 66.98% 74.12% 75.26% 70.78%
Long-Term Debt to Total Capital		 83.25% 81.80% 77.40% 71.50% 63.20% 74.78% 0.00% 0.00% 0.00% 0.95% 1.80%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 16.75% 18.20% 22.60% 28.50% 36.79% 25.22% 30.24% 33.02% 25.88% 23.79% 27.42%
Debt to EBITDA		 82.43 163.91 -23.89 25.87 -6.49 27.96 23.80 18.67 24.80 23.32 24.45
Net Debt to EBITDA		 77.02 154.54 -22.16 24.23 -5.26 27.58 23.53 17.36 23.89 22.74 23.73
Long-Term Debt to EBITDA		 82.43 163.91 -23.89 25.87 -6.49 27.96 0.00 0.00 0.00 0.29 0.61
Debt to NOPAT		 78.84 120.57 -37.75 20.84 -9.12 26.12 26.11 20.52 27.78 26.04 27.04
Net Debt to NOPAT		 73.66 113.67 -35.01 19.52 -7.39 25.77 25.81 19.08 26.77 25.39 26.25
Long-Term Debt to NOPAT		 78.84 120.57 -37.75 20.84 -9.12 26.12 0.00 0.00 0.00 0.32 0.67
Noncontrolling Interest Sharing Ratio		 0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -444 -1,565 -60 -1,754 6,078 -1,736 -1,117 2,167 1,065 -427 580
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 254.95% 981.29% 1,019.87% 20,242.20% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 -0.85 -3.65 -0.23 -14.57 22.62 -5.22 -4.81 10.99 5.51 -2.41 3.63
Operating Cash Flow to Interest Expense		 0.38 0.25 1.37 1.14 0.14 0.65 0.64 0.90 0.93 1.57 1.60
Operating Cash Flow Less CapEx to Interest Expense		 0.38 0.25 1.37 1.14 0.09 0.58 0.57 0.89 0.93 1.57 1.60
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.03 0.02 0.00 0.05 0.00 0.04 0.03 0.03 0.03 0.03 0.03
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 10,997 10,437 8,801 8,922 6,862 13,416 11,295 9,876 11,721 12,473 11,681
Invested Capital Turnover		 0.03 0.02 0.00 0.05 0.00 0.04 0.04 0.04 0.03 0.03 0.03
Increase / (Decrease) in Invested Capital		 561 1,636 -121 2,060 -6,554 2,120 1,419 -1,845 -752 792 -267
Enterprise Value (EV)		 9,595 9,061 7,092 7,395 4,659 11,824 9,294 7,561 9,522 10,162 9,195
Market Capitalization		 1,040 1,012 774 1,420 1,143 1,927 1,503 1,410 1,153 893 967
Book Value per Share		 $18.04 $18.64 $19.54 $5.77 $5.57 $7.49 $7.60 $8.22 $8.17 $8.01 $8.68
Tangible Book Value per Share		 $18.04 $18.64 $19.54 $5.77 $5.57 $7.49 $7.60 $8.22 $8.17 $8.01 $8.66
Total Capital		 10,997 10,437 8,801 8,922 6,862 13,416 11,295 9,876 11,721 12,473 11,681
Total Debt		 9,155 8,537 6,812 6,379 4,337 10,032 7,879 6,615 8,687 9,506 8,478
Total Long-Term Debt		 9,155 8,537 6,812 6,379 4,337 10,032 0.00 0.00 0.00 119 211
Net Debt		 8,554 8,049 6,318 5,974 3,515 9,897 7,790 6,151 8,369 9,270 8,228
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 15 22 15 0.87 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 -3.12 -9.36 51 -23 204 5.88 0.00 0.00 0.00 52 0.00
Net Nonoperating Obligations (NNO)		 9,155 8,537 6,812 6,379 4,337 10,032 7,879 6,615 8,687 9,506 8,478
Total Depreciation and Amortization (D&A)		 -5.49 -19 -27 -59 11 -25 29 32 38 42 33
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.83 $0.46 ($2.57) $2.68 ($6.28) $3.20 $2.72 $3.16 $3.20 $3.20 $3.24
Adjusted Weighted Average Basic Shares Outstanding		 102.52M 102.08M 101.91M 106.26M 113.01M 113.28M 112.62M 99.61M 93.21M 92.77M 92.59M
Adjusted Diluted Earnings per Share		 $0.82 $0.46 ($2.57) $2.64 ($6.28) $3.16 $2.72 $3.16 $3.20 $3.20 $3.24
Adjusted Weighted Average Diluted Shares Outstanding		 102.52M 102.08M 101.91M 106.26M 113.01M 113.28M 112.62M 99.61M 93.21M 92.77M 92.59M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.72 $3.16 $3.20 $3.20 $3.24
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 102.52M 102.08M 101.91M 106.26M 113.01M 113.28M 112.62M 99.61M 93.21M 92.77M 92.59M
Normalized Net Operating Profit after Tax (NOPAT)		 116 71 -180 214 -476 269 212 226 219 256 219
Normalized NOPAT Margin		 40.74% 30.76% 0.00% 56.17% 0.00% 55.88% 55.43% 57.24% 58.73% 61.21% 61.16%
Pre Tax Income Margin		 41.99% 34.94% 0.00% 86.24% 0.00% 78.56% 78.86% 81.76% 83.90% 87.44% 87.38%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.22 0.17 -1.00 2.54 -2.53 1.16 1.30 1.64 1.62 2.06 1.96
NOPAT to Interest Expense		 0.22 0.17 -0.70 2.54 -1.77 1.16 1.30 1.64 1.62 2.06 1.96
EBIT Less CapEx to Interest Expense		 0.22 0.17 -1.00 2.54 -2.58 1.09 1.24 1.63 1.62 2.06 1.96
NOPAT Less CapEx to Interest Expense		 0.22 0.17 -0.70 2.54 -1.83 1.09 1.24 1.63 1.62 2.06 1.96
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 148.21% 219.52% -93.66% 57.47% -21.09% 99.59% 114.23% 100.37% 100.07% 99.73% 98.78%
Augmented Payout Ratio		 149.46% 219.52% -137.84% 83.50% -33.53% 99.59% 114.23% 100.37% 100.07% 99.73% 98.78%

Quarterly Metrics And Ratios for MFA Financial

This table displays calculated financial ratios and metrics derived from MFA Financial's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 20.70% -66.84% 847.05% 430.72% -37.37% 252.73% 21.13% 151.22% 307.78% -54.57% -110.61%
EBITDA Growth		 113.36% -96.13% 182.89% 220.75% -70.63% 636.72% 5.35% 70.88% 167.17% -321.52% -152.95%
EBIT Growth		 79.67% -97.24% 188.21% 260.90% -67.72% 32,782.56% 4.31% 75.56% 175.12% -99.21% -146.85%
NOPAT Growth		 91.86% -95.03% 222.17% 327.97% -67.72% 34,894.96% 4.31% 75.56% 207.32% -99.42% -132.79%
Net Income Growth		 77.38% -93.42% 185.37% 261.78% -68.11% 1,237.50% -2.58% 74.17% 187.79% -84.79% -141.52%
EPS Growth		 121.43% -101.25% 157.81% 194.12% -77.42% 8,100.00% -3.23% 67.92% 172.09% -112.50% -157.41%
Operating Cash Flow Growth		 -127.24% 2,819.75% -128.33% -35.86% 828.73% -43.06% -70.80% -8.06% -105.49% -76.67% 992.27%
Free Cash Flow Firm Growth		 58.48% 64.02% -44.10% -382.75% -537.91% -1,377.72% 91.09% 96.30% 111.23% 106.00% -7,594.10%
Invested Capital Growth		 6.01% 5.37% 9.27% 13.26% 15.90% 18.59% 6.04% 2.52% -2.74% -1.35% 258.44%
Revenue Q/Q Growth		 116.86% -58.50% 9.99% 21.95% -42.03% 1,034.85% -178.14% -85.61% 235.54% 309.03% 49.25%
EBITDA Q/Q Growth		 1,265.63% -93.80% 29.65% 105.23% -77.16% 232.74% -88.88% -149.92% 554.63% 76.59% 41.88%
EBIT Q/Q Growth		 1,684.55% -95.29% 17.52% 90.32% -74.48% 250.57% -114.36% -138.18% 6,107.57% 100.44% 45.26%
NOPAT Q/Q Growth		 851.80% -90.69% 14.87% 88.76% -75.34% 328.92% -114.36% -126.73% 6,107.57% 100.63% 45.26%
Net Income Q/Q Growth		 596.84% -87.74% 14.87% 80.70% -74.13% 259.02% -117.67% -135.62% 984.71% 112.20% 45.18%
EPS Q/Q Growth		 3,200.00% -102.70% 15.63% 128.57% -82.50% 225.00% -88.24% -154.84% 6,300.00% 98.39% 41.51%
Operating Cash Flow Q/Q Growth		 -113.07% 1,088.53% -124.26% -13.07% 1,300.76% -90.41% -45.08% 1,087.65% -209.46% -95.08% 72.90%
Free Cash Flow Firm Q/Q Growth		 -6.60% 35.95% 28.79% 14.61% 7.61% -156.48% -138.55% -177.46% 167.71% 101.79% 0.94%
Invested Capital Q/Q Growth		 1.89% 1.80% 0.27% 1.93% 1.28% 5.56% 3.93% 4.31% 3.62% -5.60% 0.48%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 50.93% 8.09% 54.15% 45.94% 27.30% 69.30% 0.00% -201.90% 58.21% -45.54% 0.00%
EBIT Margin		 50.04% 6.08% 53.53% 50.10% 32.10% 73.01% 0.00% -165.25% 62.28% 0.78% 0.00%
Profit (Net Income) Margin		 49.28% 15.34% 51.89% 49.69% 33.53% 77.24% 0.00% -163.01% 65.85% 20.37% 0.00%
Tax Burden Percent		 102.16% 131.66% 96.95% 99.18% 100.00% 99.40% 100.17% 98.64% 100.00% 114.52% 100.00%
Interest Burden Percent		 96.39% 191.55% 100.00% 100.00% 104.46% 106.42% 100.00% 100.00% 105.73% 2,270.93% 93.44%
Effective Tax Rate		 -2.16% 0.00% 3.05% 0.82% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 1.41% 0.31% 1.82% 1.26% 0.62% 1.86% 0.00% -1.77% 0.65% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 1.39% 0.33% 1.82% 1.26% 0.63% 1.85% 0.00% -1.87% 0.71% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 6.73% 1.54% 8.28% 5.42% 2.54% 7.31% 0.00% -6.72% 2.29% 0.00% 0.00%
Return on Equity (ROE)		 8.14% 1.85% 10.09% 6.68% 3.16% 9.17% 0.00% -8.49% 2.94% -10.22% -8.38%
Cash Return on Invested Capital (CROIC)		 -4.58% -4.15% -6.88% -11.46% -14.48% -16.27% -5.89% -2.51% 2.05% -0.67% -115.03%
Operating Return on Assets (OROA)		 1.34% 0.16% 1.83% 1.24% 0.60% 1.69% 0.00% -2.47% 0.63% 0.00% 0.00%
Return on Assets (ROA)		 1.32% 0.39% 1.77% 1.23% 0.63% 1.79% 0.00% -2.44% 0.66% 0.00% 0.00%
Return on Common Equity (ROCE)		 8.14% 1.85% 10.09% 6.68% 3.16% 9.17% 0.00% -8.49% 2.94% -10.22% -8.38%
Return on Equity Simple (ROE_SIMPLE)		 7.46% 0.00% 10.80% 5.23% 1.62% 0.00% -0.16% -0.07% -3.76% 0.00% -9.55%
Net Operating Profit after Tax (NOPAT)		 43 4.49 48 42 22 90 -39 -18 69 0.26 -41
NOPAT Margin		 51.12% 11.65% 51.89% 49.69% 32.10% 77.70% 0.00% -115.68% 62.28% 0.78% 0.00%
Net Nonoperating Expense Percent (NNEP)		 0.02% -0.02% 0.00% 0.00% -0.01% 0.01% 0.22% 0.10% -0.06% -0.10% 0.38%
SG&A Expenses to Revenue		 27.83% 46.77% 24.14% 25.76% 36.79% 16.65% 0.00% 136.87% 18.66% 51.76% 0.00%
Operating Expenses to Revenue		 49.79% 100.73% 46.47% 49.87% 66.96% 34.59% 0.00% 265.25% 37.73% 103.89% 0.00%
Earnings before Interest and Taxes (EBIT)		 42 2.34 50 42 22 85 -56 -26 69 0.26 -59
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 43 3.12 50 39 19 81 -61 -32 64 -15 -64
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.57 0.56 0.69 0.58 0.60 0.53 0.47 0.52 0.43 0.39 0.31
Price to Tangible Book Value (P/TBV)		 0.57 0.56 0.69 0.58 0.60 0.53 0.47 0.52 0.43 0.39 0.31
Price to Revenue (P/Rev)		 3.51 3.65 3.58 4.22 5.96 4.40 5.90 7.00 8.90 0.00 0.00
Price to Earnings (P/E)		 10.08 12.04 7.63 16.56 0.00 21.40 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 13.74% 13.74% 11.01% 13.16% 12.68% 14.10% 16.46% 15.10% 18.71% 21.98% 28.54%
Earnings Yield		 9.92% 8.30% 13.11% 6.04% 0.00% 4.67% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.89 0.87 0.90 0.88 0.88 0.87 0.85 0.85 0.82 0.81 0.78
Enterprise Value to Revenue (EV/Rev)		 33.22 33.66 26.80 36.66 49.14 39.36 57.51 56.20 76.91 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 74.40 86.39 51.64 122.14 1,458.57 173.97 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 73.62 82.32 48.89 101.76 384.33 127.53 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 72.83 82.62 47.36 95.15 384.33 127.97 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 75.30 47.94 105.07 65.73 54.75 83.32 75.71 38.78 34.67 19.96 19.39
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 39.19 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 5.10 4.97 4.74 4.72 4.61 4.49 4.35 3.89 3.52 3.43 3.58
Long-Term Debt to Equity		 5.10 4.97 4.74 4.72 4.61 4.49 4.35 3.89 3.52 3.43 3.58
Financial Leverage		 4.85 4.73 4.55 4.30 4.05 3.95 3.95 3.59 3.24 2.91 1.57
Leverage Ratio		 6.02 5.93 5.70 5.44 5.17 5.11 5.05 4.70 4.40 4.03 3.89
Compound Leverage Factor		 5.80 11.36 5.70 5.44 5.40 5.44 5.05 4.70 4.66 91.47 3.63
Debt to Total Capital		 83.59% 83.25% 82.59% 82.52% 82.17% 81.80% 81.30% 79.56% 77.87% 77.40% 78.18%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 83.59% 83.25% 82.59% 82.52% 82.17% 81.80% 81.30% 79.56% 77.87% 77.40% 78.18%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 16.40% 16.75% 17.41% 17.48% 17.82% 18.20% 18.70% 20.44% 22.13% 22.60% 21.81%
Debt to EBITDA		 70.07 82.43 47.41 115.09 1,364.85 163.91 -188.74 -164.46 -57.19 -23.89 -26.63
Net Debt to EBITDA		 66.53 77.02 44.74 108.08 1,281.70 154.54 -178.09 -153.53 -52.94 -22.16 -24.44
Long-Term Debt to EBITDA		 70.07 82.43 47.41 115.09 1,364.85 163.91 -188.74 -164.46 -57.19 -23.89 -26.63
Debt to NOPAT		 68.59 78.84 43.48 89.65 359.64 120.57 -3,662.78 -5,976.61 -105.15 -37.75 -53.63
Net Debt to NOPAT		 65.12 73.66 41.03 84.20 337.73 113.67 -3,456.11 -5,579.07 -97.34 -35.01 -49.21
Long-Term Debt to NOPAT		 68.59 78.84 43.48 89.65 359.64 120.57 -3,662.78 -5,976.61 -105.15 -37.75 -53.63
Noncontrolling Interest Sharing Ratio		 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.00% 0.01% 0.01% 0.01% 0.01%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -593 -556 -868 -1,219 -1,428 -1,545 -603 -253 326 121 -6,763
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 -4.82 -4.36 -6.61 -9.14 -11.07 -12.52 -5.33 -2.53 3.51 1.39 -94.49
Operating Cash Flow to Interest Expense		 -0.12 0.87 -0.09 0.35 0.41 0.03 0.35 0.73 -0.08 0.08 1.90
Operating Cash Flow Less CapEx to Interest Expense		 -0.12 0.87 -0.09 0.35 0.41 0.03 0.35 0.73 -0.08 0.08 1.90
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.03 0.03 0.03 0.02 0.02 0.02 0.02 0.01 0.01 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 11,206 10,997 10,803 10,774 10,570 10,437 9,886 9,513 9,120 8,801 9,323
Invested Capital Turnover		 0.03 0.03 0.04 0.03 0.02 0.02 0.02 0.02 0.01 0.00 0.00
Increase / (Decrease) in Invested Capital		 636 561 916 1,261 1,450 1,636 563 234 -257 -121 6,722
Enterprise Value (EV)		 9,946 9,595 9,718 9,436 9,282 9,061 8,452 8,071 7,434 7,092 7,316
Market Capitalization		 1,052 1,040 1,298 1,086 1,125 1,012 867 1,006 860 774 628
Book Value per Share		 $17.93 $18.04 $18.42 $18.45 $18.46 $18.64 $18.14 $19.08 $19.81 $19.54 $19.98
Tangible Book Value per Share		 $17.93 $18.04 $18.42 $18.45 $18.46 $18.64 $18.14 $19.08 $19.81 $19.54 $19.98
Total Capital		 11,206 10,997 10,803 10,774 10,570 10,437 9,886 9,513 9,120 8,801 9,323
Total Debt		 9,367 9,155 8,923 8,891 8,686 8,537 8,038 7,568 7,101 6,812 7,289
Total Long-Term Debt		 9,367 9,155 8,923 8,891 8,686 8,537 8,038 7,568 7,101 6,812 7,289
Net Debt		 8,894 8,554 8,420 8,350 8,157 8,049 7,584 7,065 6,574 6,318 6,688
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 1.54 -1.42 0.00 0.00 -0.99 0.54 17 7.53 -3.94 -6.45 14
Net Nonoperating Obligations (NNO)		 9,367 9,155 8,923 8,891 8,686 8,537 8,038 7,568 7,101 6,812 7,289
Total Depreciation and Amortization (D&A)		 0.74 0.77 0.58 -3.51 -3.33 -4.32 -4.31 -5.83 -4.51 -15 -5.21
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.32 ($0.01) $0.38 $0.32 $0.14 $0.80 ($0.64) ($0.34) $0.63 ($0.01) ($0.62)
Adjusted Weighted Average Basic Shares Outstanding		 102.65M 102.52M 102.08M 102.08M 102.08M 102.08M 101.92M 101.92M 101.91M 101.91M 101.80M
Adjusted Diluted Earnings per Share		 $0.31 ($0.01) $0.37 $0.32 $0.14 $0.80 ($0.64) ($0.34) $0.62 ($0.01) ($0.62)
Adjusted Weighted Average Diluted Shares Outstanding		 102.65M 102.52M 102.08M 102.08M 102.08M 102.08M 101.92M 101.92M 101.91M 101.91M 101.80M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.80 $0.00 $0.00 $0.00 ($0.01) $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 102.65M 102.52M 102.08M 102.08M 102.08M 102.08M 101.92M 101.92M 101.91M 101.91M 101.80M
Normalized Net Operating Profit after Tax (NOPAT)		 29 3.14 48 42 16 63 -39 -18 48 0.18 -41
Normalized NOPAT Margin		 35.03% 8.15% 51.89% 49.69% 22.47% 54.39% 0.00% -115.68% 43.60% 0.55% 0.00%
Pre Tax Income Margin		 48.24% 11.65% 53.53% 50.10% 33.53% 77.70% 0.00% -165.25% 65.85% 17.79% 0.00%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.34 0.02 0.38 0.32 0.17 0.69 -0.50 -0.26 0.74 0.00 -0.82
NOPAT to Interest Expense		 0.35 0.04 0.37 0.31 0.17 0.73 -0.35 -0.18 0.74 0.00 -0.58
EBIT Less CapEx to Interest Expense		 0.34 0.02 0.38 0.32 0.17 0.69 -0.50 -0.26 0.74 0.00 -0.82
NOPAT Less CapEx to Interest Expense		 0.35 0.04 0.37 0.31 0.17 0.73 -0.35 -0.18 0.74 0.00 -0.58
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 128.88% 148.21% 86.92% 179.00% 575.29% 219.52% -6,446.87% -13,383.40% -270.72% -93.66% -111.34%
Augmented Payout Ratio		 132.66% 149.46% 87.65% 180.52% 580.16% 219.52% -6,446.87% -13,383.40% -333.32% -137.84% -183.36%

Frequently Asked Questions About MFA Financial's Financials

When does MFA Financial's fiscal year end?

According to the most recent income statement we have on file, MFA Financial's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has MFA Financial's net income changed over the last 10 years?

MFA Financial's net income appears to be on a downward trend, with a most recent value of $119.25 million in 2024, falling from $313.50 million in 2014. The previous period was $80.16 million in 2023. View MFA Financial's forecast to see where analysts expect MFA Financial to go next.

How has MFA Financial revenue changed over the last 10 years?

Over the last 10 years, MFA Financial's total revenue changed from $358.79 million in 2014 to $285.02 million in 2024, a change of -20.6%.

How much debt does MFA Financial have?

MFA Financial's total liabilities were at $9.57 billion at the end of 2024, a 7.8% increase from 2023, and a 4.5% increase since 2014.

How much cash does MFA Financial have?

In the past 10 years, MFA Financial's cash and equivalents has ranged from $51.97 million in 2018 to $814.35 million in 2020, and is currently $338.93 million as of their latest financial filing in 2024.

How has MFA Financial's book value per share changed over the last 10 years?

Over the last 10 years, MFA Financial's book value per share changed from 8.68 in 2014 to 18.04 in 2024, a change of 107.9%.


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This page (NYSE:MFA) was last updated on 5/25/2025 by MarketBeat.com Staff
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