Federal Agricultural Mortgage Corporation

Federal Agricultural Mortgage Corporation

AGM-A · NYSE · Financial Services / Credit Services

126.49USD+1.46 (+1.17%)

Price History

Full chart

Market Stats

Previous Close125.03
Open126.49
Day Range126.49 – 126.49
52-Week Range111.81 – 174.15
Volume229
Market Cap1.59B
P/E (TTM)8.02
Forward P/E6.47
EPS18.28
Dividend Yield4.30%
Beta0.99
50-Day Avg155.85
200-Day Avg138.69

About

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through seven segments: Farm & Ranch, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments. The Farm & Ranch segment includes the USDA Securities portfolio, Farm & Ranch loans, and AgVantage securities secured by Farm & Ranch loans. The Corporate AgFinance segment includes loans and AgVantage securities to larger and more complex farming operations, agribusinesses focused on food and fiber processing, and other supply chain production. The Power & Utilities segment includes loans to rural electric generation and transmission cooperatives and distribution cooperatives, as well as AgVantage securities secured by those types of loans. The Broadband Infrastructure segment includes loans to rural fiber, cable/broadband, tower, wireless, local exchange carrier, and data center projects. The Renewable Energy segment includes rural electric, solar, wind, and gas projects. The Funding segment includes debt issuance, hedging, asset/liability management, and capital allocation. The Investments segment includes an investment portfolio, which is held for liquidity purposes. The company is involved in a line of agricultural finance business, including purchasing and retaining eligible loans and securities; guaranteeing the payment of principal and interest on securities that represent interests in, or obligations secured by pools of eligible loans; servicing eligible loans; and issuing long-term standby purchase commitments for designated eligible loans. Federal Agricultural Mortgage Corporation was incorporated in 1987 and is headquartered in Washington, District Of Columbia.

Company Details

  • SectorFinancial Services
  • IndustryCredit Services
  • CEOMr. Zachary N. Carpenter
  • Employees212
  • Headquarters2100 Pennsylvania Avenue NW, Washington, DC, United States, 20037, USA
  • Websitehttps://www.farmermac.com

Leadership

  • Mr. Zachary N. CarpenterPresident & CEO · b. 1982
  • Mr. Matthew Michael PullinsExecutive VP, CFO & Treasurer · b. 1979
  • Ms. Geraldine Idrizi Hayhurst J.D.Executive VP, Chief Legal Officer & Secretary · b. 1974
  • Mr. Brian M. BrinchExecutive VP & Chief Risk Officer · b. 1978
  • Mr. Robert J. MainesExecutive VP & Chief Operations Officer · b. 1969
  • Ms. Mandy M. TalanMD, Principal Accounting Officer & Corporate Controller · b. 1981
  • Mr. Sean T. DatcherSenior VP & Chief Information Officer · b. 1966
  • Ms. Jalpa NazarethSenior Director of Investor Relations & Finance Strategy
  • Michelle NicholsSenior Director of Governance, Risk & Compliance
  • Ms. Lisa MeyerVice President of Marketing & Corporate Communications

Financials

Income Statement

Currency: USD1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue21.10M33.80M32.90M37.70M40.20M85.40M108.90M147.99M207.50M195.79M185.44M185.59M174.39M225.76M277.03M284.55M147.14M188.66M243.69M227.30M268.40M162.43M103.64M145.95M160.74M175.16M186.18M194.08M206.89M447.70M755.02M1.42B1.62B1.32B
Growth (%)-+60.19%-2.66%+14.59%+6.63%+112.44%+27.52%+35.90%+40.21%-5.64%-5.29%+0.08%-6.03%+29.46%+22.71%+2.71%-48.29%+28.22%+29.17%-6.72%+18.09%-39.48%-36.20%+40.83%+10.14%+8.97%+6.29%+4.24%+6.60%+116.40%+68.64%+87.56%+14.74%-18.86%
Cost of Revenue18.50M30.80M30.30M34.70M34.70M73.00M93.00M129.09M182.46M153.75M134.11M130.83M97.14M141.88M209.24M253.52M181.51M93.44M144.56M151.03M144.56M137.72M167.55M2.41M172.63M244.64M370.18M475.46M321.00M201.83M446.71M1.07B1.26B929.77M
Gross Profit2.60M3.00M2.60M3.00M5.50M12.40M15.90M18.90M25.04M42.04M51.33M54.76M77.25M83.88M67.80M31.02M-34.38M188.66M99.12M76.26M123.84M162.43M103.64M145.95M160.74M175.16M186.18M194.08M206.89M245.88M308.31M350.20M363.69M388.56M
Gross Margin12.32%8.88%7.90%7.96%13.68%14.52%14.60%12.77%12.07%21.47%27.68%29.51%44.30%37.15%24.47%10.90%-23.36%100.00%40.68%33.55%46.14%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%54.92%40.83%24.73%22.38%29.47%
Operating Expense-14.60M-27.10M-26.40M-31.10M-30.00M7.70M9.40M8.31M8.85M16.62M18.77M15.18M16.26M11.52M23.09M26.69M138.85M-54.05M32.63M31.62M32.72M-83.92M-118.00M-96.01M-130.28M-198.58M-319.69M55.43M69.46M73.42M82.63M97.10M105.58M132.85M
Operating Income17.20M30.10M29.00M34.10M35.50M4.70M6.50M10.59M16.19M25.43M32.56M39.58M60.99M72.36M44.70M4.34M-173.23M242.70M66.50M44.65M91.12M246.36M221.63M241.96M291.02M373.74M505.87M138.65M137.43M172.46M225.68M253.10M258.10M255.72M
Operating Margin81.52%89.05%88.15%90.45%88.31%5.50%5.97%7.16%7.80%12.99%17.56%21.33%34.97%32.05%16.14%1.52%-117.73%128.65%27.29%19.64%33.95%151.67%213.86%165.78%181.05%213.37%271.72%71.44%66.43%38.52%29.89%17.87%15.88%19.40%
EBITDA4.80M11.80M8.60M14.50M14.30M54.60M78.30M102.79M144.11M107.13M81.27M75.18M95.74M140.87M172.18M135.52M-93.82M242.70M78.41M56.49M110.76M246.36M221.63M241.96M291.02M373.74M505.87M138.65M137.43M172.59M226.40M253.10M258.10M255.72M
EBITDA Margin22.75%34.91%26.14%38.46%35.57%63.93%71.90%69.46%69.45%54.72%43.83%40.51%54.90%62.40%62.15%47.63%-63.77%128.65%32.18%24.85%41.27%151.67%213.86%165.78%181.05%213.37%271.72%71.44%66.43%38.55%29.99%17.87%15.88%19.40%
Net Income-1.30M-700.00K-1.30M-600.00K800.00K4.60M5.70M6.90M10.44M16.28M22.75M27.27M41.24M49.27M32.01M6.66M-150.36M99.60M31.99M16.66M46.77M75.33M48.09M68.70M77.33M84.48M108.08M109.55M108.65M136.09M178.14M200.00M207.19M207.39M
Net Income Margin-6.16%-2.07%-3.95%-1.59%1.99%5.39%5.23%4.66%5.03%8.32%12.27%14.69%23.65%21.82%11.56%2.34%-102.19%52.79%13.13%7.33%17.43%46.38%46.40%47.07%48.11%48.23%58.05%56.44%52.51%30.40%23.59%14.12%12.75%15.73%
R&D------------------------0.350.320.270.230.280.40.430.35--
R&D as % of Total Revenue------------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense18.50M30.80M30.30M34.70M34.70M73.00M93.00M125.42M177.72M153.15M132.77M124.31M95.55M141.94M211.63M253.31M166.98M90.58M142.67M153.38M142.69M137.28M170.72M139.02M171.63M242.88M369.85M471.96M312.95M204.01M445.91M1.06B1.25B909.56M
Interest Expense % of Total Revenue87.68%91.12%92.10%92.04%86.32%85.48%85.40%84.75%85.65%78.22%71.60%66.98%54.79%62.87%76.39%89.02%113.49%48.02%58.55%67.48%53.16%84.51%164.73%95.25%106.77%138.67%198.66%243.18%151.26%45.57%59.06%75.19%76.91%68.99%

Balance Sheet

Currency: USD1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets514.30M525.30M477.20M512.50M602.80M1.35B1.94B2.59B3.16B3.42B4.22B4.30B3.85B4.34B4.95B4.98B5.11B6.14B9.48B9.48B12.62B13.36B14.29B15.54B15.61B17.79B18.69B21.71B24.36B25.12B27.33B29.52B31.32B35.51B
Total Liabilities500.10M511.70M465.00M500.80M555.60M1.27B1.85B2.50B3.03B3.28B4.04B4.09B3.61B4.09B4.71B4.75B4.95B5.82B9.00B9.00B12.03B12.79B13.51B14.99B14.96B17.08B17.94B20.91B23.36B23.91B26.06B28.11B29.84B33.79B
Total Equity14.20M13.60M12.20M11.70M47.20M75.10M80.90M87.10M132.66M134.44M183.57M213.25M236.85M248.13M248.49M223.59M15.35M196.19M237.02M237.02M351.11M332.62M545.80M553.52M643.42M708.15M752.56M799.28M992.48M1.21B1.27B1.41B1.49B1.72B
Cash1.80M1.10M200.00K8.30M68.90M177.60M540.60M336.30M537.87M437.83M723.80M623.67M430.50M458.85M877.71M101.44M278.41M654.79M729.92M817.05M785.56M749.31M1.36B1.21B265.23M302.02M425.26M604.38M1.03B908.78M861.00M883.60M1.01B931.07M
Total Debt490.50M502.50M456.50M491.50M546.30M1.26B1.84B2.47B2.97B3.20B3.88B3.94B3.48B3.99B4.59B4.57B4.65B5.62B8.80B10.92B11.77B12.60B13.25B14.79B14.81B16.93B17.77B29.14B23.17B23.70B25.65B27.69B29.30B30.82B
Net Debt488.70M501.40M456.30M483.20M477.40M1.08B1.30B2.14B2.43B2.76B3.16B3.31B3.05B3.53B3.72B4.47B4.37B4.97B8.07B10.10B10.98B11.85B11.89B13.58B14.54B16.63B17.35B20.11B22.14B22.79B24.79B26.80B28.29B29.89B

Cash Flow

Currency: USD1992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-3.10M12.20M7.40M9.20M4.60M16.80M72.00M85.30M134.28M132.72M43.08M68.61M87.61M-6.97M116.08M107.68M-19.02M31.11M-484.20M26.82M33.30M313.99M155.05M184.35M208.59M175.01M200.03M-19.70M-94.55M436.41M809.27M375.80M612.65M80.06M
Investing Cash Flow-435.30M-23.60M42.60M-99.40M-22.50M-596.30M-222.30M-835.40M-305.01M-379.19M-421.74M-193.45M213.19M-387.18M-146.48M-705.87M87.05M-597.46M-1.69B-2.00B-1.33B-995.09M-83.66M-1.25B-593.41M-1.85B-599.21M-2.38B-1.74B-1.10B-3.04B-1.96B-1.68B-3.81B
Financing Cash Flow439.50M10.70M-51.00M25.40M78.50M688.20M513.20M545.80M372.32M146.43M664.63M24.71M-493.98M422.50M449.25M-178.09M108.94M942.73M2.25B2.07B1.26B644.85M542.68M912.88M-560.03M1.71B522.41M2.58B2.26B534.63M2.19B1.61B1.21B3.64B
Capital Expenditure100.00K0000100.00K00071.00K161.00K126.00K000000000000000000005.27M0
Free Cash Flow-3.20M12.20M7.40M9.20M4.60M16.70M72.00M85.30M134.28M89.21M42.92M68.48M87.61M-6.97M116.08M107.68M-19.02M31.11M-484.20M26.82M33.30M313.99M155.05M184.35M208.59M175.01M200.03M-19.70M-94.55M436.41M809.27M375.80M607.37M80.06M
Dividends Paid----------1.46M2.24M3.42M6.76M6.57M6.36M7.73M19.33M26.82M4.95M7.08M7.98M14.00M20.18M24.07M28.44M37.91M43.89M50.65M61.31M68.17M74.82M86.05M89.04M
FCF to OCF103.23%100.00%100.00%100.00%100.00%99.40%100.00%100.00%100.00%67.22%99.63%99.82%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%99.14%100.00%
Dividend Paid to FCF----------3.39%3.27%3.91%-96.93%5.66%5.91%-40.65%62.13%-5.54%18.44%21.27%2.54%9.03%10.95%11.54%16.25%18.95%-222.82%-53.57%14.05%8.42%19.91%14.17%111.22%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Oct 19, 2001Jan 24, 2002Apr 19, 2002Jul 19, 2002Oct 23, 2002Jan 24, 2003May 15, 2003Jul 24, 2003Oct 23, 2003Jan 28, 2004Apr 29, 2004Jul 29, 2004Oct 27, 2004Jan 27, 2005Apr 28, 2005Aug 9, 2005Nov 9, 2005Mar 17, 2006May 10, 2006Aug 9, 2006Nov 9, 2006Mar 16, 2007May 11, 2007Aug 10, 2007Nov 9, 2007Mar 18, 2008May 13, 2008Aug 12, 2008Nov 11, 2008Mar 17, 2009May 12, 2009Aug 11, 2009Nov 10, 2009Mar 17, 2010May 11, 2010Aug 10, 2010Nov 10, 2010Mar 17, 2011May 11, 2011Aug 10, 2011Nov 10, 2011Mar 15, 2012May 11, 2012Aug 10, 2012Nov 9, 2012Mar 19, 2013May 10, 2013Aug 9, 2013Nov 13, 2013Mar 14, 2014May 12, 2014Aug 11, 2014Nov 10, 2014Mar 16, 2015May 11, 2015Aug 10, 2015Nov 9, 2015Mar 10, 2016May 10, 2016Aug 9, 2016Nov 9, 2016Mar 9, 2017May 10, 2017Aug 8, 2017Nov 4, 2017Mar 8, 2018May 10, 2018Aug 9, 2018Nov 8, 2018Feb 21, 2019May 2, 2019Aug 1, 2019Nov 6, 2019Feb 25, 2020May 11, 2020Aug 10, 2020Nov 9, 2020Feb 25, 2021May 6, 2021Aug 5, 2021Nov 8, 2021Feb 28, 2022May 9, 2022Aug 8, 2022Nov 7, 2022Feb 24, 2023May 9, 2023Aug 7, 2023Nov 6, 2023Feb 23, 2024May 6, 2024Aug 5, 2024Nov 4, 2024Feb 21, 2025May 9, 2025Aug 4, 2025Nov 3, 2025Feb 19, 2026May 7, 2026Jul 31, 2026
EPS Estimate----------------------------------------------------------------1.04-----1.37------1.461.461.511.942.052.031.982.062.072.202.062.242.292.252.292.412.542.622.762.372.833.073.163.563.864.134.054.164.084.114.214.144.314.484.54--
EPS Actual0.120.130.080.080.110.150.160.170.210.220.240.250.180.320.410.460.330.520.420.230.700.700.280.400.640.160.700.820.420.720.670.570.440.67-0.580.700.371.74-0.82-0.90-0.842.13-10.55-6.033.312.491.740.530.170.170.561.161.720.48-2.221.232.04-0.411.490.871.452.481.371.110.971.781.020.520.161.941.171.350.941.131.361.301.451.481.571.652.031.802.081.902.062.202.172.271.872.452.572.452.392.772.552.762.372.833.073.163.563.864.133.734.283.683.864.634.004.494.443.714.755.04
Surprise-----------------------------------------------------------------6.73%------14.60%------1.37%7.53%9.27%4.64%-12.20%2.46%-4.04%0.00%6.28%-1.36%10.19%-16.52%6.99%14.22%6.99%-0.83%9.06%-2.67%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-7.95%2.90%-9.82%-6.12%9.98%-3.27%4.06%-0.92%-18.20%--
Timing-------------------------------------------------------------------------------------------------------Pre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap1.59B
Enterprise Value38.12B
Trailing P/E8.02
Forward P/E6.47
PEG Ratio0.50
Price / Sales3.89
Price / Book1.30
EPS18.28
Book Value115.18
Revenue (TTM)408.69M
Gross Profit (TTM)408.69M
Profit Margin56.03%
Operating Margin69.73%
Return on Equity13.48%
Return on Assets0.63%
Shares Outstanding1.03M
Shares Float10.20M
Beta0.99
Dividend Yield4.30%
Dividend Rate6.30
Payout Ratio35.12%

Dividends

20263×
1.60Sep 15, 20261.60Jun 15, 20261.60Mar 16, 2026
20254×
1.50Dec 15, 20251.50Sep 15, 20251.50Jun 16, 20251.50Mar 14, 2025
20244×
1.40Dec 16, 20241.40Sep 16, 20241.40Jun 14, 20241.40Mar 14, 2024
20234×
1.10Dec 14, 20231.10Sep 14, 20231.10Jun 15, 20231.10Mar 15, 2023
20224×
0.95Dec 14, 20220.95Sep 14, 20220.95Jun 14, 20220.95Mar 15, 2022
20214×
0.88Dec 14, 20210.88Sep 14, 20210.88Jun 14, 20210.88Mar 15, 2021
20201×
0.80Dec 14, 2020