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MFA Financial, Inc. (MFA)
NYSE: MFA · Real-Time Price · USD
8.82
+0.14 (1.61%)
At close: Sep 2, 2026, 4:00 PM EDT
8.84
+0.02 (0.23%)
After-hours: Sep 2, 2026, 7:37 PM EDT

MFA Financial Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
302.83325.4279.61248.45-67.62449.06
Revenue Growth
6.45%16.38%12.54%---
Operating Income
148.14176.05119.6980.44-232.43328.87
Net Income
104.71135.6885.9247.29-265.08294.95
Earnings Per Share
1.011.300.820.46-2.572.63
EPS Growth
14.23%58.54%78.26%---

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Corporate
-5.04-3.02-8.87-3.67-57.9366.05
Mortgage-Related Assets
252.63253.61189.05147.84-88.13331.4
Lima One
67.5687.27106.7994.8953.0651.61
Total
315.14337.86286.97239.05-93449.06

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
141.19213.21338.93318334.18304.7
Total Debt
11,66810,9939,1978,5806,8576,424
Net Cash (Debt)
-11,527-10,780-8,858-8,262-6,523-6,119
Net Cash Growth
------
Net Cash Per Share
-110.66-103.68-84.28-79.77-63.24-51.55

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
252.2176.25200.12108.74355.35137.8
Capital Expenditures
------
Free Cash Flow
252.2176.25200.12108.74355.35137.8
Free Cash Flow Growth
103.29%-61.90%84.04%-69.40%157.87%310.94%

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
48.92%54.10%42.81%32.38%-73.24%
Pretax Margin
48.92%54.10%42.81%32.38%343.73%73.24%
Profit Margin
34.58%41.70%30.73%19.03%-65.68%
FCF Margin
83.29%23.43%71.57%43.77%-30.69%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.4401.4401.4001.4001.6701.540
Dividend Per Share Growth
1.41%2.86%0%-16.17%8.44%208.00%
Dividend Yield
16.33%16.68%17.20%17.65%27.51%15.93%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
8.777.0112.1124.29-6.82
Forward PE
6.697.456.346.997.5510.09
P/FCF Ratio
3.5412.485.2010.562.8214.59
PS Ratio
2.942.923.724.62-14.834.48