Federal Agricultural Mortgage Financial Statements
NYSE: AGMFinanceFinance CompaniesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Federal Agricultural Mortgage revenue and earnings
In fiscal 2025, Federal Agricultural Mortgage generated $408.4 million in revenue, up 8.9% from fiscal 2024, its 10th consecutive year of revenue growth. Net income was $207.4 million (+0.1% year over year), for a net margin of 50.8% versus a median of 55.5% in the prior 5 years. Diluted earnings per share came in at $16.62, up from $16.44.
Over the last 5 fiscal years, AGM's revenue has grown at a 13.8% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Federal Agricultural Mortgage income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20152015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 408.37M | 375.07M | 351.06M | 309.63M | 245.02M | 213.89M | 194.08M | 186.08M | 175.16M | 145.95M |
| Revenue growth (YoY) | +8.88% | +6.84% | +13.38% | +26.37% | +14.55% | +10.21% | +4.30% | +6.23% | +20.01% | +40.83% |
| Operating Expenses | — | — | 97.38M | 82.11M | 72.09M | 61.65M | 51.92M | 49.92M | 42.77M | 35.48M |
| Interest Expense | 1.22B | 1.25B | 1.06B | 445.91M | 204.01M | 312.95M | 471.96M | 369.85M | 242.88M | 139.02M |
| Pretax Income | 255.71M | 258.10M | 253.10M | 225.68M | 172.46M | 144.68M | 138.65M | 136.02M | 130.69M | 108.08M |
| Income Tax | 48.30M | 50.91M | 53.10M | 47.53M | 36.37M | 30.31M | 29.11M | 27.94M | 46.37M | 34.24M |
| Net Income | 207.41M | 207.19M | 200.00M | 178.14M | 136.09M | 114.38M | 109.55M | 108.08M | 84.48M | 68.70M |
| Net Income growth (YoY) | +0.11% | +3.59% | +12.27% | +30.90% | +18.98% | +4.41% | +1.36% | +27.93% | +22.97% | +42.86% |
| EPS (Basic) | 16.73 | 16.59 | 15.97 | 14.00 | 10.36 | 8.85 | 8.76 | 8.91 | 6.73 | 4.33 |
| EPS (Diluted) | 16.62 | 16.44 | 15.81 | 13.87 | 10.27 | 8.80 | 8.69 | 8.83 | 6.60 | 4.19 |
| Shares Outstanding (Basic) | 10.91M | 10.87M | 10.83M | 10.79M | 10.76M | 10.73M | 10.70M | 10.65M | 10.59M | 10.95M |
| Shares Outstanding (Diluted) | 10.98M | 10.97M | 10.94M | 10.88M | 10.85M | 10.79M | 10.78M | 10.75M | 10.80M | 11.31M |
| Net Margin | 50.79% | 55.24% | 56.97% | 57.53% | 55.54% | 53.47% | 56.44% | 58.08% | 48.23% | 47.07% |
This table shows 10 annual periods of Federal Agricultural Mortgage's income statement, from FY 2025 back to FY 2015, across 11 line items including revenue, operating expenses, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow AGM's reporting calendar. What is a income statement?