MFA Financial, Inc. (MFA) Earnings History
Annual and quarterly earnings data from 1998 to 2025
Loading earnings history...
MFA EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
MFA Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 96.2% | 78.8% | 20.2% |
| 2024 | 87.4% | 39.9% | 42.6% |
| 2023 | 85.4% | 29.6% | 34.3% |
| 2022 | - | - | - |
| 2021 | 88.9% | 97.5% | 97.5% |
Download Data
Export MFA earnings history in CSV or JSON format
Free sign-in required to download data
MFA Financial, Inc. (MFA) Earnings Overview
As of May 8, 2026, MFA Financial, Inc. (MFA) reported trailing twelve-month net income of $135M, reflecting +104.9% year-over-year growth. The company earned $1.28 per diluted share over the past four quarters, with a net profit margin of 20.2%.
Looking at the long-term picture, MFA's historical earnings data spans multiple years. The company achieved its highest annual net income of $378M in fiscal 2019.
MFA Financial, Inc. maintains industry-leading profitability with a gross margin of 96.2%, operating margin of 78.8%, and net margin of 20.2%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including AGNC ($838M net income, 17.7% margin), NLY ($2.03B net income, 30.3% margin), TWO (-$343M net income, -75.0% margin), MFA has outperformed on profitability metrics. Compare MFA vs AGNC →
MFA Earnings vs Peers
Earnings metrics vs comparable public companies
MFA Historical Earnings Data (1998–2025)
28 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $177M | +48.2% | $690M | $1.68 | 20.2% | 78.8% |
| 2024 | $119M | +48.8% | $112M | $0.82 | 42.6% | 39.9% |
| 2023 | $80M | +134.6% | $69M | $0.46 | 34.3% | 29.6% |
| 2022 | -$232M | -170.4% | -$224M | $-2.40 | - | - |
| 2021 | $329M | +148.4% | $329M | $2.63 | 97.5% | 97.5% |
| 2020 | -$679M | -279.7% | $0 | $-6.01 | - | - |
| 2019 | $378M | +25.3% | $0 | $3.17 | 87.3% | 0.0% |
| 2018 | $302M | -6.4% | $534M | $2.86 | 86.8% | 153.5% |
| 2017 | $322M | +3.1% | $74M | $3.16 | 86.4% | 19.9% |
| 2016 | $313M | -0.2% | $93M | $3.20 | 87.2% | 25.9% |
See MFA's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MFA Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MFA vs WELL
Side-by-side business, growth, and profitability comparison vs Welltower Inc..
Start ComparisonMFA — Frequently Asked Questions
Quick answers to the most common questions about buying MFA stock.
Is MFA growing earnings?
MFA EPS is $1.28, with earnings growth accelerating to +104.9%. This exceeds the 5-year CAGR of N/A. TTM net income reached $135M.
What are MFA's profit margins?
MFA Financial, Inc. net margin is +20.2%, with operating margin at +78.8%. Above-average margins indicate pricing power.
How consistent are MFA's earnings?
MFA earnings data spans 1998-2025. The accelerating earnings trend is +104.9% YoY. Historical data enables comparison across business cycles.