MFA Financial Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	1,044	951	1,040	1,149	1,003	2,011
Market Cap Growth	-4.20%	-8.54%	-9.44%	14.55%	-50.13%	14.02%
PE Ratio	7.87	7.01	12.11	24.29	-	6.82
PS Ratio	3.21	2.92	3.72	4.62	-14.83	4.48
PB Ratio	0.57	0.52	0.56	0.61	0.50	0.79
P/FCF Ratio	13.70	12.48	5.20	10.56	2.82	14.59
P/OCF Ratio	13.70	12.48	5.20	10.56	2.82	14.59
Debt / Equity Ratio	6.02	6.02	4.99	4.52	3.45	2.53
Debt / FCF Ratio	144.19	144.19	45.96	78.91	19.30	46.62
Net Debt / Equity Ratio	5.90	5.90	4.81	4.35	3.28	2.41
Net Debt / FCF Ratio	141.39	141.39	44.26	75.98	18.36	44.40
Quick Ratio	39.32	39.32	30.12	50.50	61.75	47.97
Current Ratio	40.07	40.07	30.97	51.40	62.94	48.54
Asset Turnover	0.03	0.03	0.03	0.03	-	0.06
Return on Equity (ROE)	9.63%	9.63%	6.37%	4.12%	-10.22%	12.98%
Return on Assets (ROA)	1.45%	1.45%	1.07%	0.81%	-2.54%	4.09%
Return on Invested Capital (ROIC)	1.44%	1.48%	1.11%	0.83%	-2.61%	4.15%
Earnings Yield	12.99%	18.58%	11.46%	6.98%	-23.10%	16.36%
FCF Yield	7.30%	8.01%	19.24%	9.47%	35.44%	6.85%
Dividend Yield	14.24%	15.47%	15.95%	16.37%	25.51%	14.77%
Payout Ratio	110.77%	106.63%	148.21%	219.52%	-	57.47%
Buyback Yield / Dilution	1.07%	1.07%	-1.47%	-0.41%	13.09%	-5.03%
Total Shareholder Return	15.14%	16.53%	14.48%	15.96%	38.60%	9.74%

Updated Feb 18, 2026. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

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