Federal Home Loan Mortgage Corp

Chart & Performance

D1W1MN

P/E

0.58

P/S

0.29

EPS

16.21

Div Yield, %

0.00%

Shrs. gr., 5y

—

Rev. gr., 5y

6.40%

Revenues

21.23b

-0.16%

Net income

10.54b

+12.98%

CFO

7.62b

-36.14%

Earnings

Feb 12, 2025

Profile

Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company purchases single-family and multifamily residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates through two segments, Single-family and Multifamily. The Single-family segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit risk, as well as manages mortgage-related investments portfolio, single-family securitization activities, and treasury functions. This segment serves mortgage banking companies, commercial banks, regional banks, community banks, credit unions, housing finance agencies, savings institutions, and non-depository financial institutions. The Multifamily segment engages in the purchase, sale, securitization, and guarantee of multifamily loans and securities through the issuance of multifamily K and SB certificates; issuing and guarantying other securitization products; issuing other credit risk transfer products; and provision of other mortgage-related guarantees. It serves banks and other depository institutions, insurance companies, money managers, central banks, pension funds, state and local governments, real estate investment trusts, brokers and dealers, and a range of lenders. The company was founded in 1970 and is headquartered in McLean, Virginia.

URL

https://www.freddiemac.com/

IPO date

Jan 23, 1985

Employees

7,799

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	21,229,000 -0.16%	21,264,000 -3.13%	21,951,000 31.77%
Cost of revenue	1,606,000	1,509,000	2,651,000
Unusual Expense (Income)
NOPBT	19,623,000	19,755,000	19,300,000
NOPBT Margin	92.43%	92.90%	87.92%
Operating Taxes	2,661,000	2,277,000	3,090,000
Tax Rate	13.56%	11.53%	16.01%
NOPAT	16,962,000	17,478,000	16,210,000
Net income	10,538,000 12.98%	9,327,000 -22.97%	12,109,000 65.29%
Dividends
Dividend yield
Proceeds from repurchase of equity
BB yield
Debt
Debt current	5,976,000	7,712,000	48,625,000
Long-term debt	3,247,883,000	3,232,589,000	3,066,942,000
Deferred revenue		3,171,315,000	2,997,553,000
Other long-term liabilities	47,065,000	(3,130,811,000)	(2,980,185,000)
Net debt	3,248,818,000	3,189,413,000	3,050,085,000
Cash flow
Cash from operating activities	7,615,000	11,925,000	16,353,000
CAPEX
Cash from investing activities	44,253,000	11,398,000	24,250,000
Cash from financing activities	(52,209,000)	(27,113,000)	(54,342,000)
FCF	11,525,000	21,436,000	(22,752,000)
Balance
Cash	5,041,000	12,187,000	12,467,000
Long term investments		38,701,000	53,015,000
Excess cash	3,979,550	49,824,800	64,384,450
Stockholders' equity	51,607,000	3,180,375,000	3,002,107,000
Invested Capital	3,282,972,450	6,337,535,200	3,020,926,550
ROIC	0.35%	0.37%	0.58%
ROCE	0.60%	0.61%	0.63%
EV
Common stock shares outstanding	3,234,000	3,234,000	3,234,000
Price	0.85 140.59%	0.35 -57.43%	0.83 -64.38%
Market cap	2,748,900 140.59%	1,142,572 -57.43%	2,684,220 -64.38%
EV	3,338,323,900	6,416,784,572	6,109,561,220
EBITDA	19,623,000	18,491,000	17,378,000
EV/EBITDA	170.12	347.02	351.57
Interest	86,821,000	65,453,000	43,947,000
Interest/NOPBT	442.45%	331.32%	227.70%