Finance of America Companies Inc.
In the quarter to June 2026, revenue fell 64.8%, EPS fell 96.8%, free cash flow fell 90.0% and total debt rose 24.9%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.
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Finance of America Companies Inc. (FOA) Piotroski F-score
Finance of America Companies Inc.'s Piotroski F-score for fiscal 2025 is 5 out of 9: 5 of nine tests of profitability, leverage and efficiency passed, up from 4 in fiscal 2024.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2025 | 5 | 1.00 |
| FY2024 | 4 | 0.00 |
| FY2023 | 4 | 0.00 |
| FY2022 | 4 | 1.00 |
| FY2021 | 3 | — |
How fiscal 2025’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | 0.15% | 0.06% | Pass | 1 |
| Positive operating cash flow | (429.75m) | (423.81m) | Fail | 0 |
| Rising return on assets | 0.15% | 0.06% | Pass | 1 |
| Cash flow above net income | (474.98m) | (439.30m) | Fail | 0 |
| Falling long-term leverage | 0.63 | 0.66 | Pass | 1 |
| Rising current ratio | 2.67 | 2.77 | Fail | 0 |
| No new shares issued | 9,537,000 | 9,851,000 | Pass | 1 |
| Rising gross margin | 100.00% | 100.00% | Fail | 0 |
| Rising asset turnover | 0.02 | 0.01 | Pass | 1 |
| Piotroski F-score | Mixed | 5 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| MFIN Medallion Financial Corp. compare | 8 |
| RM Regional Management Corp. compare | 6 |
| HTT High Templar Tech Limited - Sponsored ADR compare | 6 |
| FOA Finance of America Companies Inc. | 5 |
| FINV PPDAI Group Inc. Sponsored ADR compare | 5 |
| TROO TROOPS, Inc. compare | 4 |
| CPSS Consumer Portfolio Services, Inc. compare | 4 |
| PMTS CPI Card Group Inc. compare | 4 |
| OPRT Oportun Financial Corporation compare | — |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover