MFA Financial Inc (MFA) — Net Asset Quality Index
MFA Financial Inc (MFA) has a Net Asset Quality Index of 13.0% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $13.65 Billion minus total liabilities of $11.88 Billion yields net assets of $1.78 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read how much debt does MFA Financial Inc carry for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
MFA Financial Inc Net Asset Quality Index Over Time (1998–2025)
This chart shows how MFA Financial Inc's Net Asset Quality Index has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the index stands at 13.0%, representing net assets of $1.78 Billion against total assets of $13.65 Billion USD. For live market cap and overall valuation, see market value of MFA Financial Inc.
Annual Net Asset Quality Index for MFA Financial Inc (1998–2025)
The table below presents the year-by-year Net Asset Quality Index for MFA Financial Inc from 1998 to 2025, covering 28 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check MFA strategic asset allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 14.0% | $1.83 Billion | $13.05 Billion | $11.22 Billion | ▼ -2.1 pp |
| 2024 | 16.1% | $1.84 Billion | $11.41 Billion | $9.57 Billion | ▼ -1.5 pp |
| 2023 | 17.6% | $1.90 Billion | $10.77 Billion | $8.87 Billion | ▼ -4.2 pp |
| 2022 | 21.8% | $1.99 Billion | $9.11 Billion | $7.12 Billion | ▼ -6.0 pp |
| 2021 | 27.8% | $2.54 Billion | $9.14 Billion | $6.60 Billion | ▼ -8.6 pp |
| 2020 | 36.4% | $2.52 Billion | $6.93 Billion | $4.41 Billion | ▲ +11.5 pp |
| 2019 | 24.9% | $3.38 Billion | $13.57 Billion | $10.18 Billion | ▼ -2.6 pp |
| 2018 | 27.5% | $3.42 Billion | $12.42 Billion | $9.00 Billion | ▼ -2.3 pp |
| 2017 | 29.8% | $3.26 Billion | $10.95 Billion | $7.69 Billion | ▲ +5.5 pp |
| 2016 | 24.3% | $3.03 Billion | $12.48 Billion | $9.45 Billion | ▲ +1.8 pp |
| 2015 | 22.5% | $2.97 Billion | $13.17 Billion | $10.20 Billion | ▼ -3.4 pp |
| 2014 | 25.9% | $3.20 Billion | $12.35 Billion | $9.15 Billion | ▲ +0.7 pp |
| 2013 | 25.2% | $3.14 Billion | $12.47 Billion | $9.33 Billion | ▲ +0.7 pp |
| 2012 | 24.5% | $3.31 Billion | $13.52 Billion | $10.21 Billion | ▲ +3.2 pp |
| 2011 | 21.3% | $2.50 Billion | $11.75 Billion | $9.25 Billion | ▼ -4.6 pp |
| 2010 | 25.9% | $2.25 Billion | $8.69 Billion | $6.44 Billion | ▲ +3.4 pp |
| 2009 | 22.5% | $2.17 Billion | $9.63 Billion | $7.46 Billion | ▲ +10.7 pp |
| 2008 | 11.8% | $1.26 Billion | $10.64 Billion | $9.38 Billion | ▲ +1.0 pp |
| 2007 | 10.8% | $927.26 Million | $8.61 Billion | $7.68 Billion | ▲ +0.2 pp |
| 2006 | 10.5% | $678.56 Million | $6.44 Billion | $5.77 Billion | ▼ -0.8 pp |
| 2005 | 11.3% | $661.10 Million | $5.85 Billion | $5.19 Billion | ▲ +0.8 pp |
| 2004 | 10.5% | $728.83 Million | $6.91 Billion | $6.18 Billion | ▼ -0.1 pp |
| 2003 | 10.6% | $484.96 Million | $4.56 Billion | $4.08 Billion | ▲ +0.3 pp |
| 2002 | 10.3% | $371.20 Million | $3.60 Billion | $3.23 Billion | ▲ +0.5 pp |
| 2001 | 9.8% | $203.62 Million | $2.07 Billion | $1.87 Billion | ▼ -3.5 pp |
| 2000 | 13.4% | $69.91 Million | $522.49 Million | $452.58 Million | ▲ +0.5 pp |
| 1999 | 12.9% | $67.60 Million | $524.40 Million | $456.80 Million | ▼ -13.9 pp |
| 1998 | 26.8% | $71.00 Million | $264.70 Million | $193.70 Million | — |