MFA Financial, Inc. (MFA) quarterly income statement — complete revenue, gross profit & net income history
MFA Financial, Inc. (MFA) annual income statement — 28-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Revenue | 252.02M | 229.38M | 88.09M | 182.49M | 192.01M | 74.8M | 41.7M | 82.41M | 74.62M | 63.17M | 114M | -22.68M | 8.6M | 104.93M | 31.32M | -23.25M | -37.1M | -54.86M | 72.56M | 112.04M |
| Revenue Growth % | 31.26% | 206.67% | 111.25% | 121.46% | 157.31% | 18.4% | -63.42% | 463.41% | 767.48% | -39.8% | 264.04% | 2.49% | 123.18% | 291.26% | -56.84% | -120.76% | -149.72% | -170.34% | 85.93% | 43.21% |
| Property Operating Expenses | 10.67M | 10.52M | 7.39M | 129.28M | 127.86M | 0 | 11.04M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Operating Income (NOI) | 241.36M | 218.86M | 80.7M | 53.22M | 64.15M | 74.8M | 30.66M | 82.41M | 74.62M | 63.17M | 114M | -22.68M | 8.6M | 104.93M | 31.32M | -23.25M | -37.1M | -54.86M | 72.56M | 112.04M |
| NOI Margin % | 95.77% | 95.41% | 91.61% | 29.16% | 33.41% | 100% | 73.52% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| Operating Expenses | 54.87M | 84.13M | 27.18M | 29.25M | 30.73M | 74.8M | 28.82M | 82.41M | 74.62M | 63.17M | 114M | -22.68M | 8.6M | 104.93M | 31.32M | -23.25M | -37.1M | -54.86M | 72.56M | 112.04M |
| G&A Expenses | 13.16M | 12.15M | 26.98M | 28.95M | 29.93M | 33.55M | 28.02M | 33.85M | 32.58M | 37.46M | 31.33M | 34.13M | 33.29M | 30.86M | 24.84M | 29.88M | 29.57M | 28.25M | 28.68M | 24.87M |
| EBITDA | 186.79M | 135.03M | 192.2M | 177M | 164.2M | 0 | 2.64M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA Margin % | 74.12% | 58.87% | 218.19% | 96.99% | 85.52% | 0% | 6.33% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Depreciation & Amortization | 300K | 300K | 300K | 300K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 1.3M | 1.3M | 1.3M | 1.3M | 3.3M | 3.3M | 3.3M | 3.3M |
| D&A / Revenue % | 0.12% | 0.13% | 0.34% | 0.16% | 0.42% | 1.07% | 1.92% | 0.97% | 1.07% | 1.27% | 0.7% | -3.53% | 15.11% | 1.24% | 4.15% | -5.59% | -8.89% | -6.01% | 4.55% | 2.95% |
| Operating Income | 186.49M | 134.73M | 191.9M | 176.7M | 163.4M | 0 | 1.84M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Margin % | 74% | 58.74% | 217.85% | 96.83% | 85.1% | 0% | 4.41% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 1.34x | 0.99x | 0.40x | 0.37x | 1.26x | -0.01x | 0.03x | -0.01x | -0.01x | -0.01x | -0.01x | -0.01x | -0.01x | -0.01x | -0.01x | -0.02x | -0.06x | -0.08x | -0.09x | -0.11x |
| Non-Operating Income | 1.49M | 2.98M | 0 | -300K | 2.91M | 800K | 0 | 800K | 800K | 800K | 800K | 800K | 1.3M | 1.3M | 1.3M | 1.3M | 3.3M | 3.3M | 3.3M | 3.3M |
| Pretax Income | 46.8M | -984K | 54.32M | 48M | 33.42M | 40.3M | 3.44M | 49.7M | 42.29M | 24.26M | 89.75M | -56.34M | -26.29M | 72.78M | 6.71M | -55.02M | -100.37M | -82.91M | 44.12M | 132.51M |
| Pretax Margin % | 18.57% | -0.43% | 61.66% | 26.3% | 17.41% | 53.88% | 8.25% | 60.31% | 56.68% | 38.41% | 78.73% | 248.47% | -305.57% | 69.36% | 21.43% | 236.59% | 270.5% | 151.11% | 60.81% | 118.27% |
| Income Tax | 0 | 0 | 0 | -101K | 238K | -872K | -2.47M | 1.52M | 346K | 1.05M | 0 | 94K | -357K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | -0.21% | 0.71% | -2.16% | -71.82% | 3.05% | 0.82% | 4.32% | 0% | -0.17% | 1.36% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 46.8M | -984K | 54.32M | 48.1M | 33.18M | 41.18M | 5.91M | 48.18M | 41.95M | 23.21M | 89.75M | -56.44M | -25.93M | 72.78M | 6.71M | -55.02M | -100.37M | -82.91M | 44.12M | 132.51M |
| Net Margin % | 18.57% | -0.43% | 61.66% | 26.36% | 17.28% | 55.05% | 14.17% | 58.47% | 56.21% | 36.74% | 78.73% | 248.89% | -301.42% | 69.36% | 21.43% | 236.59% | 270.5% | 151.11% | 60.81% | 118.27% |
| Net Income Growth % | 41.03% | -102.39% | 819.26% | -0.16% | -20.89% | 77.38% | -93.42% | 185.37% | 261.78% | -68.11% | 1237.5% | -2.58% | 74.17% | 187.79% | -84.79% | -141.52% | -250.44% | -196.94% | -3.7% | 51.94% |
| Funds From Operations (FFO) | 47.1M | -684K | 54.62M | 48.4M | 33.98M | 41.98M | 6.71M | 48.98M | 42.75M | 24.01M | 90.55M | -55.64M | -24.63M | 74.08M | 8.01M | -53.72M | -97.07M | -79.61M | 47.42M | 135.81M |
| FFO Margin % | 18.69% | -0.3% | 62% | 26.52% | 17.7% | 56.12% | 16.09% | 59.44% | 57.28% | 38.01% | 79.43% | 245.36% | -286.31% | 70.6% | 25.58% | 231% | 261.61% | 145.1% | 65.36% | 121.22% |
| FFO Growth % | 38.59% | -101.63% | 714.12% | -1.18% | -20.5% | 74.81% | -92.59% | 188.04% | 273.57% | -67.59% | 1030.41% | -3.57% | 74.63% | 193.06% | -83.11% | -139.55% | - | - | - | - |
| FFO per Share | 0.45 | -0.01 | 0.52 | 0.46 | 0.32 | 0.40 | 0.06 | 0.46 | 0.41 | 0.23 | 0.84 | -0.55 | -0.24 | 0.67 | 0.08 | -0.53 | -0.95 | -0.75 | 0.40 | 1.15 |
| FFO Payout Ratio % | 80.01% | -5682.75% | 87.94% | 77.63% | 110.05% | 85.48% | 536.89% | 73.59% | 84.25% | 149.04% | 39.53% | -64.32% | -145.18% | 48.28% | 561.36% | -83.7% | -48.29% | -59.33% | 110.64% | 38.62% |
| EPS (Diluted) | 0.34 | -0.01 | 0.52 | 0.35 | 0.21 | 0.31 | -0.02 | 0.37 | 0.32 | 0.14 | 0.76 | -0.55 | -0.25 | 1.48 | 0.03 | -0.58 | -1.02 | -1.18 | 0.07 | 0.27 |
| EPS Growth % | 61.9% | -103% | 2351.08% | -5.41% | -34.38% | 121.43% | -103.04% | 167.27% | 228% | -90.54% | 2704.43% | 5.17% | 75.49% | 225.42% | -61.83% | -314.81% | -884.62% | -276.12% | -29% | -60.29% |
| EPS (Basic) | 0.45 | -0.01 | 0.52 | 0.36 | 0.22 | 0.32 | -0.02 | 0.38 | 0.32 | 0.14 | 0.80 | -0.55 | -0.25 | 1.60 | 0.03 | -0.58 | -1.02 | -1.19 | 0.08 | 0.28 |
| Diluted Shares Outstanding | 105.31M | 105.31M | 105.31M | 105.31M | 105.31M | 105.38M | 103.67M | 106.39M | 105.18M | 105.25M | 107.7M | 101.92M | 101.92M | 110.09M | 101.8M | 101.8M | 102.52M | 106.57M | 118.69M | 118.3M |