Federal Agricultural Mortgage Corporation
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through seven segments: Farm & Ranch, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments. The Farm & Ranch segment includes the USDA Securities portfolio, Farm & Ranch loans, and AgVantage securities s… Read more
Federal Agricultural Mortgage Corporation (AGM) - Net Assets
Latest net assets as of December 2025: $1.72 Billion USD
Based on the latest financial reports, Federal Agricultural Mortgage Corporation (AGM) has net assets worth $1.72 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($35.51 Billion) and total liabilities ($33.79 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.72 Billion |
| % of Total Assets | 4.84% |
| Annual Growth Rate | 15.64% |
| 5-Year Change | 41.63% |
| 10-Year Change | 167.06% |
| Growth Volatility | 55.74 |
Federal Agricultural Mortgage Corporation - Net Assets Trend (1992–2025)
This chart illustrates how Federal Agricultural Mortgage Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Federal Agricultural Mortgage Corporation (1992–2025)
The table below shows the annual net assets of Federal Agricultural Mortgage Corporation from 1992 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.72 Billion | +15.44% |
| 2024-12-31 | $1.49 Billion | +5.47% |
| 2023-12-31 | $1.41 Billion | +11.00% |
| 2022-12-31 | $1.27 Billion | +4.80% |
| 2021-12-31 | $1.21 Billion | +22.29% |
| 2020-12-31 | $992.48 Million | +24.17% |
| 2019-12-31 | $799.28 Million | +6.21% |
| 2018-12-31 | $752.56 Million | +6.27% |
| 2017-12-31 | $708.15 Million | +10.02% |
| 2016-12-31 | $643.65 Million | +16.24% |
| 2015-12-31 | $553.72 Million | -29.18% |
| 2014-12-31 | $781.83 Million | +36.10% |
| 2013-12-31 | $574.47 Million | -3.12% |
| 2012-12-31 | $592.96 Million | +23.82% |
| 2011-12-31 | $478.88 Million | 0.00% |
| 2010-12-31 | $478.88 Million | +49.39% |
| 2009-12-31 | $320.56 Million | +104.64% |
| 2008-12-31 | $156.65 Million | -29.94% |
| 2007-12-31 | $223.59 Million | -10.02% |
| 2006-12-31 | $248.49 Million | +0.14% |
| 2005-12-31 | $248.13 Million | +4.76% |
| 2004-12-31 | $236.85 Million | +11.07% |
| 2003-12-31 | $213.25 Million | +16.17% |
| 2002-12-31 | $183.57 Million | +36.55% |
| 2001-12-31 | $134.44 Million | +1.34% |
| 2000-12-31 | $132.66 Million | +52.31% |
| 1999-12-31 | $87.10 Million | +7.66% |
| 1998-12-31 | $80.90 Million | +7.72% |
| 1997-12-31 | $75.10 Million | +59.11% |
| 1996-12-31 | $47.20 Million | +303.42% |
| 1995-12-31 | $11.70 Million | -4.10% |
| 1994-12-31 | $12.20 Million | -10.29% |
| 1993-12-31 | $13.60 Million | -4.23% |
| 1992-12-31 | $14.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Federal Agricultural Mortgage Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 105474700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.05 Billion | 60.93% |
| Common Stock | $10.86 Million | 0.63% |
| Other Comprehensive Income | $13.38 Million | 0.78% |
| Other Components | $647.36 Million | 37.66% |
| Total Equity | $1.72 Billion | 100.00% |
Federal Agricultural Mortgage Corporation Competitors by Market Cap
The table below lists competitors of Federal Agricultural Mortgage Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sirius Real Estate Limited
PINK:SRRLF
|
$1.51 Billion |
|
LLOYDS METALS AND ENERGY LTD.
NSE:LLOYDSME
|
$1.51 Billion |
|
Blackbaud Inc
NASDAQ:BLKB
|
$1.51 Billion |
|
Harvey Norman Holdings Ltd
PINK:HNORF
|
$1.51 Billion |
|
Laboratorios Farmaceuticos Rovi S.A
PINK:LABFF
|
$1.51 Billion |
|
Hyundai Elevator
KO:017800
|
$1.51 Billion |
|
Chongqing Brewery Co Ltd
SHG:600132
|
$1.51 Billion |
|
Newell Rubbermaid Inc.
NASDAQ:NWL
|
$1.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Federal Agricultural Mortgage Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,489,026,000 to 1,718,949,000, a change of 229,923,000 (15.4%).
- Net income of 207,391,000 contributed positively to equity growth.
- Dividend payments of 89,043,000 reduced retained earnings.
- Share repurchases of 12,894,000 reduced equity.
- New share issuances of 97,132,000 increased equity.
- Other comprehensive income increased equity by 25,529,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $207.39 Million | +12.06% |
| Dividends Paid | $89.04 Million | -5.18% |
| Share Repurchases | $12.89 Million | -0.75% |
| Share Issuances | $97.13 Million | +5.65% |
| Other Comprehensive Income | $25.53 Million | +1.49% |
| Other Changes | $1.81 Million | +0.11% |
| Total Change | $- | 15.44% |
Book Value vs Market Value Analysis
This analysis compares Federal Agricultural Mortgage Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 23.29x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | $6.34 | $147.57 | x |
| 1993-12-31 | $5.71 | $147.57 | x |
| 1994-12-31 | $1.66 | $147.57 | x |
| 1995-12-31 | $1.67 | $147.57 | x |
| 1996-12-31 | $5.60 | $147.57 | x |
| 1997-12-31 | $5.99 | $147.57 | x |
| 1998-12-31 | $5.87 | $147.57 | x |
| 1999-12-31 | $7.80 | $147.57 | x |
| 2000-12-31 | $11.69 | $147.57 | x |
| 2001-12-31 | $11.40 | $147.57 | x |
| 2002-12-31 | $15.27 | $147.57 | x |
| 2003-12-31 | $17.72 | $147.57 | x |
| 2004-12-31 | $19.43 | $147.57 | x |
| 2005-12-31 | $21.58 | $147.57 | x |
| 2006-12-31 | $22.37 | $147.57 | x |
| 2007-12-31 | $21.11 | $147.57 | x |
| 2008-12-31 | $1.53 | $147.57 | x |
| 2009-12-31 | $19.17 | $147.57 | x |
| 2010-12-31 | $22.33 | $147.57 | x |
| 2011-12-31 | $21.94 | $147.57 | x |
| 2012-12-31 | $31.86 | $147.57 | x |
| 2013-12-31 | $29.68 | $147.57 | x |
| 2014-12-31 | $48.09 | $147.57 | x |
| 2015-12-31 | $48.96 | $147.57 | x |
| 2016-12-31 | $59.88 | $147.57 | x |
| 2017-12-31 | $65.55 | $147.57 | x |
| 2018-12-31 | $70.02 | $147.57 | x |
| 2019-12-31 | $74.16 | $147.57 | x |
| 2020-12-31 | $92.02 | $147.57 | x |
| 2021-12-31 | $111.90 | $147.57 | x |
| 2022-12-31 | $116.88 | $147.57 | x |
| 2023-12-31 | $129.09 | $147.57 | x |
| 2024-12-31 | $135.67 | $147.57 | x |
| 2025-12-31 | $156.51 | $147.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Federal Agricultural Mortgage Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.06%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.73%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 20.66x
- Recent ROE (12.06%) is above the historical average (-18.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | -9.15% | -6.16% | 0.04x | 36.22x | $-2.72 Million |
| 1993 | -5.15% | -2.07% | 0.06x | 38.63x | $-2.06 Million |
| 1994 | -10.66% | -3.95% | 0.07x | 39.11x | $-2.52 Million |
| 1995 | -5.13% | -1.59% | 0.07x | 43.80x | $-1.77 Million |
| 1996 | 1.69% | 1.99% | 0.07x | 12.77x | $-3.92 Million |
| 1997 | 6.13% | 5.39% | 0.06x | 17.95x | $-2.91 Million |
| 1998 | 7.05% | 5.23% | 0.06x | 23.92x | $-2.39 Million |
| 1999 | 7.92% | 4.66% | 0.06x | 29.74x | $-1.81 Million |
| 2000 | 7.87% | 5.03% | 0.07x | 23.83x | $-2.83 Million |
| 2001 | 12.11% | 8.32% | 0.06x | 25.42x | $2.84 Million |
| 2002 | 12.39% | 12.27% | 0.04x | 23.00x | $4.39 Million |
| 2003 | 12.79% | 14.69% | 0.04x | 20.16x | $5.94 Million |
| 2004 | 17.41% | 23.65% | 0.05x | 16.24x | $17.55 Million |
| 2005 | 19.86% | 21.82% | 0.05x | 17.49x | $24.46 Million |
| 2006 | 12.88% | 11.56% | 0.06x | 19.94x | $7.16 Million |
| 2007 | 2.98% | 2.34% | 0.06x | 22.26x | $-15.70 Million |
| 2008 | -979.69% | -102.19% | 0.03x | 332.77x | $-151.90 Million |
| 2009 | 50.77% | 52.79% | 0.03x | 31.29x | $79.98 Million |
| 2010 | 13.50% | 13.13% | 0.03x | 40.00x | $8.29 Million |
| 2011 | 7.03% | 7.33% | 0.02x | 40.00x | $-7.04 Million |
| 2012 | 13.32% | 17.43% | 0.02x | 35.95x | $11.66 Million |
| 2013 | 22.65% | 46.38% | 0.01x | 40.17x | $42.07 Million |
| 2014 | 8.81% | 46.40% | 0.01x | 26.18x | $-6.49 Million |
| 2015 | 12.41% | 47.07% | 0.01x | 28.08x | $13.35 Million |
| 2016 | 12.02% | 48.11% | 0.01x | 24.25x | $12.99 Million |
| 2017 | 11.93% | 48.23% | 0.01x | 25.13x | $13.67 Million |
| 2018 | 14.36% | 58.05% | 0.01x | 24.84x | $32.82 Million |
| 2019 | 13.71% | 56.44% | 0.01x | 27.16x | $29.62 Million |
| 2020 | 10.95% | 52.51% | 0.01x | 24.54x | $9.40 Million |
| 2021 | 11.21% | 30.40% | 0.02x | 20.70x | $14.72 Million |
| 2022 | 14.01% | 23.59% | 0.03x | 21.49x | $50.95 Million |
| 2023 | 14.17% | 14.12% | 0.05x | 20.91x | $58.82 Million |
| 2024 | 13.91% | 12.75% | 0.05x | 21.04x | $58.29 Million |
| 2025 | 12.06% | 15.73% | 0.04x | 20.66x | $35.50 Million |
Industry Comparison
This section compares Federal Agricultural Mortgage Corporation's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $46,847,836,242
- Average return on equity (ROE) among peers: 3.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Federal Agricultural Mortgage Corporation (AGM) | $1.72 Billion | -9.15% | 19.66x | $1.51 Billion |
| Accord Financial Corp (ACCFF) | $103.96 Million | 11.43% | 4.00x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |