Saturday 17 October 2026 Export MFA’s income statement to Excel — free account

MFA Financial, Inc.

MFA Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $745.1 million, up 2.91% from fiscal 2024. In the quarter to June 2026, revenue grew 4.48%, EPS grew 59.1%, free cash flow grew 162.6% and total debt rose 22.6%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for three.

6.59 0.11 −1.64%

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Market cap: $677.3M
P/E: 6.5×
Fwd P/E: 10.1×
Dividend yield: 21.9%
F-score: n/a
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
P/E ratio Full definition →	9.82	9.95	9.68	9.56	0.00	7.02	0.00	25.00	12.43	7.05
P/S ratio Full definition →	6.30	7.04	6.14	4.96	4.06	5.57	2.17	1.90	1.46	1.29
P/FCF ratio Full definition →	13.71	13.19	10.99	11.43	5.80	6.22	2.14	5.14	3.68	5.58
P/Operating CF Full definition →	35.75	55.39	48.56	55.48	81.24	70.28	156.35	301.26	9.46	25.62
P/B ratio Full definition →	0.95	0.94	0.82	1.02	0.70	0.79	0.53	0.61	0.57	0.53
Price to Tangible BV Full definition →	0.95	0.94	0.82	1.02	0.70	0.80	0.53	0.61	0.57	0.53
EV/Sales Full definition →	24.59	21.23	23.24	19.18	12.18	22.06	15.27	15.19	13.27	15.46
EV/EBITDA Full definition →	25.02	22.14	26.08	21.07	17.45	40.71	25.37	21.97	17.53	19.48
EV/Operating CF Full definition →	62.70	52.14	71.60	61.86	137.35	58.01	20.73	84.59	48.01	151.06
EV/FCF Full definition →	53.55	39.75	41.58	44.22	17.40	24.61	15.05	41.11	33.57	66.70
Quick Ratio Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Current Ratio Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt/EBITDA Full definition →	18.62	14.80	19.19	16.46	11.63	32.70	21.76	19.23	15.61	17.85
Debt/Assets Full definition →	69.59%	60.38%	63.44%	73.93%	62.56%	69.79%	74.76%	79.24%	80.24%	83.85%
Debt/Equity Full definition →	2.86	2.03	2.31	2.96	1.72	2.51	3.43	4.49	4.97	5.99
Asset Turnover Full definition →	0.04	0.04	0.04	0.05	0.04	0.05	0.05	0.06	0.07	0.06
Operating CF/Net income Full definition →	0.60	0.57	0.52	0.59	(0.05)	0.47	(1.34)	2.30	2.32	0.56
Capex/Depreciation Full definition →	0.81	1.73	3.65	1.90	24.18	(3.15)	(4.91)	(6.06)	(15.69)	78.53
Interest Coverage Full definition →	2.13	1.95	1.62	1.81	1.08	2.01	1.23	1.02	1.06	1.15
ROE Full definition →	9.92%	9.77%	8.59%	10.68%	(24.01%)	11.68%	(11.67%)	2.43%	4.62%	7.44%
ROA Full definition →	2.32%	2.62%	2.45%	2.79%	(6.92%)	3.68%	(2.90%)	0.48%	0.78%	1.12%
ROIC Full definition →	2.26%	2.55%	2.10%	2.83%	3.01%	1.78%	2.39%	2.75%	3.33%	2.98%
Return on Tangible Assets Full definition →	17.27%	11.40%	6.01%	4.79%	(11.54%)	3.56%	(3.30%)	0.50%	0.92%	1.48%
Average Days of Receivables Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	9.97%	11.45%	10.11%	7.57%	13.10%	22.83%	23.36%	21.41%	18.22%	16.03%
Intangible Assets out of Total Assets Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Share Based Compensation of Revenue Full definition →	2.00%	1.85%	1.76%	1.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Graham Net Nets Full definition →	(2.68)	(1.64)	(1.51)	(0.75)	0.99	0.85	0.85	0.57	(0.15)	(2.10)
Graham Number Full definition →	48.22	48.87	45.01	46.49	0.00	36.66	0.00	13.72	18.12	22.89
Earnings Yield Full definition →	10.18%	10.05%	10.33%	10.46%	(40.62%)	14.25%	(25.20%)	4.00%	8.05%	14.18%
Free Cash Flow Yield Full definition →	7.29%	7.58%	9.10%	8.75%	17.24%	16.09%	46.69%	19.46%	27.15%	17.91%
Revenue per Share Full definition →	4.93	4.46	4.35	6.17	3.83	3.27	4.68	5.92	7.00	7.19
Operating CF per Share Full definition →	1.93	1.82	1.41	1.91	0.34	1.24	3.44	1.06	1.93	0.74
Capex per Share Full definition →	0.33	0.57	1.02	0.76	2.34	1.69	1.30	1.13	0.83	0.93
Free Cash Flow per Share Full definition →	2.26	2.38	2.43	2.68	2.68	2.93	4.74	2.19	2.77	1.67
Cash per Share Full definition →	3.43	4.78	0.85	1.19	7.27	3.65	4.79	4.78	5.81	3.73
Shareholders Equity per Share Full definition →	32.70	33.59	32.62	30.01	22.34	22.97	19.28	18.59	17.80	17.65
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	32.70	33.59	32.62	30.01	22.34	22.97	19.28	18.59	17.80	17.65
Free Cash Flow Full definition →	210.06	231.51	254.69	301.80	303.12	324.81	489.33	223.77	286.27	172.67
Working Capital Full definition →	1,723.80	2,697.37	4,771.40	7,585.62	6,146.92	8,317.45	8,012.82	9,529.50	9,412.54	9,197.02
Capital Expenditures Full definition →	30.67	55.00	106.80	86.02	264.73	187.01	133.98	115.03	86.15	96.43
Net Current Asset Value Full definition →	(7,726.32)	(4,995.72)	(4,232.82)	(2,598.60)	1,739.42	1,720.61	889.26	656.73	(155.28)	(2,021.73)
EV/EBIT Full definition →	27.31	23.98	28.10	22.19	18.10	33.02	23.19	21.02	17.36	19.52
Capex to Sales Full definition →	(0.07)	(0.13)	(0.23)	(0.12)	(0.61)	(0.52)	(0.28)	(0.19)	(0.12)	(0.13)
Price to Operating Income Full definition →	6.99	7.95	7.43	5.74	6.04	8.34	3.30	2.63	1.91	1.63
Other line items
Depreciation/Fixed assets Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash ROIC Full definition →	1.74%	2.24%	2.24%	2.23%	3.95%	3.48%	5.26%	2.05%	2.47%	1.31%
Accounts Receivable Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Assets Full definition →	12,823.29	11,719.38	11,687.53	12,994.25	10,250.24	8,035.99	9,126.05	9,942.55	11,091.15	12,228.03
Average Common Equity Full definition →	3,000.50	3,147.69	3,338.79	3,399.95	2,954.24	2,533.64	2,265.66	1,944.19	1,870.66	1,834.55

Fold the line items

Columns are period end dates

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