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Fannie Mae

Filings

10-Q	2020-03-31	Filed 2020-05-01
10-K	2019-12-31	Filed 2020-02-13
10-Q	2019-09-30	Filed 2019-10-31
10-Q	2019-06-30	Filed 2019-08-01
10-Q	2019-03-31	Filed 2019-05-01
10-K	2018-12-31	Filed 2019-02-14
10-Q	2018-09-30	Filed 2018-11-02
10-Q	2018-06-30	Filed 2018-08-02
10-Q	2018-03-31	Filed 2018-05-03
10-K	2017-12-31	Filed 2018-02-14
10-Q	2017-09-30	Filed 2017-11-02
10-Q	2017-06-30	Filed 2017-08-03
10-Q	2017-03-31	Filed 2017-05-05
10-K	2016-12-31	Filed 2017-02-17
10-Q	2016-09-30	Filed 2016-11-03
10-Q	2016-06-30	Filed 2016-08-04
10-Q	2016-03-31	Filed 2016-05-05
10-K	2015-12-31	Filed 2016-02-19
10-Q	2015-09-30	Filed 2015-11-05
10-Q	2015-06-30	Filed 2015-08-06
10-Q	2015-03-31	Filed 2015-05-07
10-K	2014-12-31	Filed 2015-02-20
10-Q	2014-09-30	Filed 2014-11-06
10-Q	2014-06-30	Filed 2014-08-07
10-Q	2014-03-31	Filed 2014-05-08
10-K	2013-12-31	Filed 2014-02-21
10-Q	2013-09-30	Filed 2013-11-07
10-Q	2013-06-30	Filed 2013-08-08
10-Q	2013-03-31	Filed 2013-05-09
10-K	2012-12-31	Filed 2013-04-02
10-Q	2012-09-30	Filed 2012-11-07
10-Q	2012-06-30	Filed 2012-08-08
10-Q	2012-03-31	Filed 2012-05-09
10-K	2011-12-31	Filed 2012-02-29
10-Q	2011-09-30	Filed 2011-11-08
10-Q	2011-06-30	Filed 2011-08-05
10-Q	2011-03-31	Filed 2011-05-06
10-K	2010-12-31	Filed 2011-02-24
10-Q	2010-09-30	Filed 2010-11-05
10-Q	2010-06-30	Filed 2010-08-05
10-Q	2010-03-31	Filed 2010-05-10
10-K	2009-12-31	Filed 2010-02-26

Reports

8-K	2020-05-01	Earnings, Exhibits
8-K	2020-03-25	Officers
8-K	2020-02-13	Earnings, Exhibits
8-K	2019-10-31	Earnings, Exhibits
8-K	2019-10-28	Officers
8-K	2019-09-27	Enter Agreement, Exhibits
8-K	2019-08-23	Officers
8-K	2019-08-20	Officers
8-K	2019-08-01	Earnings, Exhibits
8-K	2019-05-01	Earnings, Exhibits
8-K	2019-03-26	Officers
8-K	2019-03-19	Officers
8-K	2019-02-14	Earnings, Exhibits
8-K	2019-01-29	Amend Bylaw, Exhibits
8-K	2018-12-20	Officers
8-K	2018-12-19	Officers
8-K	2018-12-12	Officers
8-K	2018-11-02	Earnings, Exhibits
8-K	2018-10-05	Officers
8-K	2018-09-14	Officers
8-K	2018-09-12	Officers
8-K	2018-08-02	Earnings, Exhibits
8-K	2018-07-25	Officers
8-K	2018-07-23	Officers
8-K	2018-07-13	Officers
8-K	2018-05-03	Earnings, Exhibits
8-K	2018-02-14	Earnings, Regulation FD, Exhibits

Fannie Mae Financials

FNM Metrics, Comps, Filings

Quarterly | Annual

Business

Fannie Mae provides a stable source of liquidity to the mortgage market and supports the availability and affordability of housing in the United States. We operate in the secondary mortgage market, primarily working with lenders. We do not originate loans or lend money directly to consumers in the primary mortgage market. Instead, we securitize mortgage loans originated by lenders into Fannie Mae mortgage-backed securities that we guarantee (which we refer to as Fannie Mae MBS or our MBS); purchase mortgage loans and mortgage-related securities, primarily for securitization and sale at a later date; manage mortgage credit risk; and engage in other activities that support the supply of affordable housing. Through our single-family and multifamily business segments, we provided $512 billion in liquidity to the mortgage market in 2018, which enabled the financing of approximately 3 million home purchases, refinancings or rental units.

Fannie Mae Provided $512 Billion in Liquidity in 2018

Please read this Executive Summary together with our MD&A and our consolidated financial statements as of December 31, 2018 and related notes to the consolidated financial statements.

Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin


Comps ($MM TTM)	Market Cap	Gross Margin	EV/EBITDA	Ret on Assets	Assets	Liabilities	Revenue	G Profit	Net Income	EBITDA	EV
Stemcell Holdings (STMM)		113%	-1.0	26%	12	6	7	8	3	5	-5
FCCC (FCCC)			1.5	-61%	0	0	0	0	-0	-0	-0
Tapinator (TAPM)		0%	0.1	-99%	2	1	4	0	-2	-2	-0
Nogales Resources (NLRT)				0%	0	0	0	0	0	0	-0
Golden Growers Cooperative (GGRO)		-0%		0%	27	2	42	-0	0	0	-4
Northern Power Systems (NPS)		22%	0.4	-27%	9	14	18	4	-2	-2	-1
Twin River Worldwide (TRWH)		0%	4.0	4%	1,071	808	393	0	42	112	450
Bio-En (BENH)			0.1	-643%	0	0	0	0	-0	-0	-0
Southwest Iowa Renewable Energy (SIRE)		-1%	-47.3	-1%	141	52	217	-2	-1	-1	25
Texas Republic Capital (TRCC)		0%	8.9	-5%	26	15	1	0	-1	-1	-11
Fannie Mae (FNM)			28.1	0%	3,494,436	3,484,094	0	0	13,025	119,732	3,361,548
CBA Florida (CBAI)			43.6	-1%	15	1	0	0	-0	-0	-11
Pacific Gold & Royalty (PCFG)			-7.1		0	4	0	-0	-0	-0	0
BoxScore Brands (BOXS)		33%	-8.3	-540%	0	8	0	0	-2	-1	6
Quest Management (QUEST)		27%	-0.3	129%	0	0	0	0	0	0	-0
Zhen Ding Resources (RBTK)			0.1	48,309,900%			0	0	-0	-0	-0
Hines Global REIT (HGRI)		0%	1.7	19%	2,011	1,000	205	0	388	422	716
Wadena (WDN)		0%	0.0	-2,344%	0	1	0	0	-0	-0	-0
Galera Therapeutics (GRTX)			1.3	-17%	80	52	0	0	-13	-12	-16
Chase General (CSGN)		26%	-0.5	-2%	2	1	2	1	-0	0	-0


Balance Sheet ($MM)	2009-12-31	2010-03-31	2010-06-30	2010-09-30	2010-12-31	2011-03-31	2011-06-30	2011-09-30	2011-12-31	2012-03-31	2012-06-30	2012-09-30	2012-12-31	2013-06-30	2013-09-30	2013-12-31	2014-06-30	2014-09-30	2014-12-31	2015-06-30	2015-09-30	2015-12-31	2016-03-31	2016-06-30	2016-09-30	2016-12-31	2017-03-31	2017-06-30	2017-09-30	2017-12-31	2018-03-31	2018-06-30	2018-09-30	2018-12-31	2019-03-31	2019-06-30	2019-09-30
Cash	6,812	30,477	27,844	11,382	17,297	19,831	37,579	55,961	50,797	55,921	55,985	59,944	67,919	53,930	31,525	28,995	29,587	28,518	32,542	37,388	30,281	30,879	33,873	37,697	42,926	36,953	27,321	30,999	28,137	32,110	37,360	48,729	51,031	49,423	52,241	60,970	64,498
Accounts Receivable
Inventory
PP&E
Assets	869,141	3,293,755	3,256,267	3,229,622	3,221,972	3,227,042	3,196,112	3,213,877	3,211,484	3,209,940	3,195,620	3,226,250	3,222,422	3,280,665	3,281,222	3,270,108	3,218,817	3,230,316	3,248,176	3,225,400	3,230,782	3,221,917	3,221,701	3,234,893	3,255,942	3,287,968	3,303,754	3,309,230	3,330,759	3,345,529	3,364,402	3,363,364	3,401,105	3,418,318	3,421,034	3,443,287	3,494,436
Accounts Payable
Long-Term Debt	574,117				2,411,597						3,067,074	3,087,842	3,080,801	3,134,924	3,160,011	3,160,074	3,096,775	3,102,277	3,115,583	3,115,822	3,109,427	3,125,721	3,138,531	3,150,667	3,181,059	3,226,737	3,243,645	3,256,655	3,274,792	3,296,298	3,305,588	3,311,424	3,345,848	3,367,024	3,371,939	3,393,678	3,426,046
Liabilities	884,422	3,302,126	3,257,678	3,232,069	3,224,489	3,235,460	3,201,199	3,221,668	3,216,055	3,209,672	3,192,850	3,223,838	3,215,198	3,267,422	3,269,605	3,260,517	3,212,705	3,223,917	3,244,456	3,219,241	3,226,779	3,217,858	3,219,582	3,230,824	3,251,766	3,281,897	3,300,375	3,305,513	3,327,111	3,349,215	3,360,464	3,355,905	3,394,130	3,412,078	3,415,673	3,436,922	3,484,094
Stockholders' Equity	-15,372	-8,451	-1,482	-2,527	-2,599	-8,499	-5,168	-7,853	-4,624	210	2,720	2,359	7,183	13,208	11,568	9,541	6,062	6,349	3,680	6,118	3,972	4,030	2,107	4,057	4,176	6,071	3,379	3,717	3,648		3,938	7,459	6,975	6,240	5,361	6,365	10,342


Income Statement ($MM)	2009-12-31	2010-03-31	2010-06-30	2010-09-30	2010-12-31	2011-03-31	2011-06-30	2011-09-30	2011-12-31	2012-03-31	2012-06-30	2012-09-30	2012-12-31	2013-06-30	2013-09-30	2013-12-31	2014-06-30	2014-09-30	2014-12-31	2015-06-30	2015-09-30	2015-12-31	2016-03-31	2016-06-30	2016-09-30	2016-12-31	2017-03-31	2017-06-30	2017-09-30	2017-12-31	2018-03-31	2018-06-30	2018-09-30	2018-12-31	2019-03-31	2019-06-30	2019-09-30
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A		605	670	730	592	605	569	591		564	567	588	648	626	646	632	697	706	702	689	952	686	688	678	661	714	684	686	664	703	750	755	740	814	744	744	749
Tax		0	0	0	0										1,355	1,816	1,752	1,787	818	2,210	1,070	1,103	550	1,398	1,527	2,545	1,383	1,587	1,525	11,489	1,131	1,136	1,045	828	627	889	1,036
Net Income		-11,529	-1,218	-1,331	73	-6,471	-2,892	-5,085	-2,406	2,719	5,119	1,821	7,570	10,095	8,744	6,458	3,667	3,905	1,312	4,640	1,960	2,467	1,136	2,946	3,196	5,035	2,773	3,200	3,023	-6,533	4,261	4,457	4,011	3,230	2,400	3,432	3,963


Cash Flow ($MM)	2009-12-31	2010-03-31	2010-06-30	2010-09-30	2010-12-31	2011-03-31	2011-06-30	2011-09-30	2011-12-31	2012-03-31	2012-06-30	2012-09-30	2012-12-31	2013-06-30	2013-09-30	2013-12-31	2014-06-30	2014-09-30	2014-12-31	2015-06-30	2015-09-30	2015-12-31	2016-03-31	2016-06-30	2016-09-30	2016-12-31	2017-03-31	2017-06-30	2017-09-30	2017-12-31	2018-03-31	2018-06-30	2018-09-30	2018-12-31	2019-03-31	2019-06-30	2019-09-30
Cash Operating		-32,903	-16,736	13,793	8,451	2,566	-4,661	-4,619	-8,524	-114	24,249	8,144	4,722		6,716	1,385		-2,460	-2,298		-4,869	-298	-3,111	-871	-767	4,016	2,673	-2,411	3,861	4,133	-1,409	-266	-121		1,816	364	996
Cash Investing		112,207	143,369	118,851	165,752	123,839	112,323	91,668	136,558	157,530	119,429	109,444	141,290		114,133	69,460		42,450	48,802		57,175	54,540	61,816	53,047	61,443	48,673	43,525	49,546	51,181	48,959	15,816	64,690	30,058		47,446	48,060	39,241
Cash Financing		-55,639	-129,266	-149,106	-168,288	-123,871	-113,219	-77,016	-134,802	-152,906	-140,999	-121,642	-145,569		-114,783	-82,401		-44,508	-40,810		-51,704	-59,483	-54,463	-47,473	-57,736	-54,024	-46,434	-55,219	-48,032	-44,896	-37,307	-53,055	-27,635		-46,444	-39,695	-36,709