MFA Financial Inc (MFA) — Cash Flow Quality Index
MFA Financial Inc (MFA) has a Cash Flow Quality Index of 0.69x as of December 2025. Operating cash flow of $37.63 Million is below net income of $54.52 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore MFA Financial Inc (MFA) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
MFA Financial Inc Cash Flow Quality Index (1998–2025)
Historical Cash Flow Quality Index for MFA Financial Inc across 26 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check MFA total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for MFA Financial Inc (1998–2025)
Year-by-year earnings quality comparison for MFA Financial Inc. For live market cap and the full company financial profile, see MFA market cap overview.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.43x | $76.25 Million | $176.78 Million | ▼ -74.3% |
| 2024 | 1.68x | $200.12 Million | $119.25 Million | ▲ +23.7% |
| 2023 | 1.36x | $108.74 Million | $80.16 Million | ▲ +270.8% |
| 2021 | 0.37x | $120.29 Million | $328.87 Million | ▼ -35.9% |
| 2019 | 0.57x | $215.78 Million | $378.12 Million | ▲ +16.5% |
| 2018 | 0.49x | $147.88 Million | $301.80 Million | ▼ -10.3% |
| 2017 | 0.55x | $176.07 Million | $322.39 Million | ▲ +99.7% |
| 2016 | 0.27x | $85.51 Million | $312.67 Million | ▼ -69.6% |
| 2015 | 0.90x | $282.17 Million | $313.23 Million | ▲ +10.4% |
| 2014 | 0.82x | $255.81 Million | $313.50 Million | ▼ -17.1% |
| 2013 | 0.98x | $298.09 Million | $302.71 Million | ▼ -2.7% |
| 2012 | 1.01x | $310.39 Million | $306.84 Million | ▼ -4.3% |
| 2011 | 1.06x | $334.41 Million | $316.41 Million | ▲ +15.9% |
| 2010 | 0.91x | $245.94 Million | $269.76 Million | ▼ -9.4% |
| 2009 | 1.01x | $269.96 Million | $268.19 Million | ▼ -75.3% |
| 2008 | 4.07x | $186.43 Million | $45.80 Million | ▲ +79.1% |
| 2007 | 2.27x | $68.68 Million | $30.21 Million | ▲ +25.4% |
| 2006 | 1.81x | $15.88 Million | $8.76 Million | ▼ -91.1% |
| 2005 | 20.30x | $136.19 Million | $6.71 Million | ▲ +1135.5% |
| 2004 | 1.64x | $128.30 Million | $78.07 Million | ▼ -15.2% |
| 2003 | 1.94x | $112.15 Million | $57.85 Million | ▲ +30.4% |
| 2002 | 1.49x | $83.37 Million | $56.09 Million | ▼ -74.0% |
| 2001 | 5.73x | $21.67 Million | $3.78 Million | ▲ +815.3% |
| 2000 | 0.63x | $4.92 Million | $7.87 Million | ▼ -53.8% |
| 1999 | 1.36x | $10.30 Million | $7.60 Million | ▲ +882.6% |
| 1998 | 0.14x | $400.00K | $2.90 Million | — |