Federal Agricultural Mortgage Corporation (AGM)

AGM Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	238.21	207.42	207.19	200	178.14	136.09
Gain on Sale of Loans & Receivables	-20.71	-21.55	-23.88	-17.03	0.72	10.78
Loss (Gain) From Sale of Investments	505.39	-165.74	214.32	78.25	690	205.45
Provision for Credit Losses	39.35	32.91	11.49	1.14	0.81	-2.19
Stock-Based Compensation	8.96	8.34	8.09	6.8	4.62	4.31
Net Decrease (Increase) in Loans Originated / Sold - Operating	15.69	40.27	29.22	24.38	33.31	46.97
Change in Accounts Payable	56.73	38.6	13.27	63.95	58.88	-9.53
Change in Other Net Operating Assets	-115.56	42.92	192.37	43.61	-125.6	34.65
Other Operating Activities	-54.91	-43.98	-7.53	38.63	32.06	5.15
Operating Cash Flow	598.56	80.06	612.65	375.8	809.27	436.41
Operating Cash Flow Growth	73.91%	-86.93%	63.02%	-53.56%	85.44%	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-	-	-5.27	-	-	-
Investment in Securities	-3,178	-721.66	536.32	-1,155	-1,781	-361.79
Net Decrease (Increase) in Loans Originated / Sold - Investing	-3,729	-3,092	-2,214	-800.47	-1,262	-734.41
Other Investing Activities	-4.14	-	-	-	-	-
Investing Cash Flow	-6,925	-3,813	-1,682	-1,955	-3,043	-1,096

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	-	-	-	52,470	61,112
Long-Term Debt Issued	-	90,675	68,871	57,788	9,289	11,173
Total Debt Issued	98,170	90,675	68,871	57,788	61,760	72,286
Short-Term Debt Repaid	-	-	-	-	-54,085	-60,743
Long-Term Debt Repaid	-	-87,025	-67,500	-56,103	-5,418	-11,067
Total Debt Repaid	-91,727	-87,025	-67,500	-56,103	-59,504	-71,810
Net Debt Issued (Repaid)	6,443	3,650	1,371	1,685	2,256	475.8
Issuance of Preferred Stock	96.72	96.84	-	-	-	121.33
Preferred Share Repurchases	-	-	-75	-	-	-
Issuance of Common Stock	0.25	0.29	0.29	0.23	0.19	0.12
Repurchase of Common Stock	-25.2	-18	-5.35	-3.01	-1.84	-1.31
Common Dividends Paid	-	-	-60.91	-47.65	-41.01	-
Preferred Dividends Paid	-	-	-25.15	-27.17	-27.17	-
Total Dividends Paid	-97.94	-89.04	-86.05	-74.82	-68.17	-61.32
Financing Cash Flow	6,417	3,640	1,205	1,607	2,186	534.63

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	90.42	-92.94	135.3	27.71	-47.78	-125.16

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	598.56	80.06	607.37	375.8	809.27	436.41
Free Cash Flow Growth	73.91%	-86.82%	61.62%	-53.56%	85.44%	-
Free Cash Flow Margin	140.74%	21.50%	168.40%	108.52%	265.08%	179.70%
Free Cash Flow Per Share	54.75	7.29	55.34	34.36	74.36	40.24

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	910.56	910.56	819.96	582.96	269.33	198.59
Cash Income Tax Paid	-	-	39.2	48	33.8	36.3

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 6, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

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