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) investment intensity to see how much of total assets are deployed in long-term investments.
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 Financial Inc (MFA) tangible equity ratio to evaluate the tangible quality of the company's equity base.
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 market cap of MFA Financial Inc.
| 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 | — |