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

Fold the line items

Columns are period end dates

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