AGM (Federal Agricultural Mortgage Corporation) Stock Financials & Earnings | Market Cap Arena

AGM (Federal Agricultural Mortgage Corporation) Stock Financials & Earnings | Market Cap Arena

AGMFederal Agricultural Mortgage Corporation

Mkt Cap$2B

Financial Services·Financial - Credit Services·🇺🇸 United States·NYSE

Revenue (TTM)$1.3B

Net Income (TTM)$207M

EPS (TTM)$16.64

Free Cash Flow (TTM)$80M

Gross Margin29.5%

Op. Margin19.4%

Net Margin15.7%

FCF Margin6.1%

P/S Ratio (TTM)1.3x

P/E Ratio (TTM)8.5x

YoY Rev Growth-18.9%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$321M	$84M	$60M
Q2 23	$350M	$83M	$59M
Q3 23	$391M	$97M	$73M
Q4 23	$354M	$86M	$60M
Q1 24	$404M	$95M	$68M
Q2 24	$406M	$84M	$59M
Q3 24	$411M	$87M	$62M
Q4 24	$404M	$97M	$68M
Q1 25	$385M	$93M	$63M
Q2 25	$405M	$95M	$65M
Q3 25	$421M	$96M	$67M
Q4 25	$108M	$105M	$60M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.9x	10.1x
Q2 23	1.5x	9.8x
Q3 23	1.3x	9.0x
Q4 23	1.2x	8.8x
Q1 24	1.2x	8.5x
Q2 24	1.1x	8.5x
Q3 24	1.1x	8.9x
Q4 24	1.1x	8.5x
Q1 25	1.1x	8.7x
Q2 25	1.1x	8.4x
Q3 25	1.1x	8.2x
Q4 25	1.3x	8.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$61M	$61M
Q2 23	$119M	$119M
Q3 23	$363M	$363M
Q4 23	-$167M	-$167M
Q1 24	$233M	$232M
Q2 24	$56M	$53M
Q3 24	-$44M	-$44M
Q4 24	$368M	$368M
Q1 25	-$50M	-$50M
Q2 25	-$48M	-$48M
Q3 25	$74M	$74M
Q4 25	$103M	$103M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$2M
Q2 24	$4M
Q3 24	$66K
Q4 24	$0
Q1 25	$0
Q2 25	$0
Q3 25	$0
Q4 25	$0

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+133.9%	+263.7%
Q2 23	+138.0%	+208.9%
Q3 23	+97.8%	+118.2%
Q4 23	+29.9%	+35.1%
Q1 24	+25.8%	+28.6%
Q2 24	+16.2%	+19.5%
Q3 24	+5.1%	+9.7%
Q4 24	+14.0%	+14.1%
Q1 25	-4.7%	-4.1%
Q2 25	-0.3%	-2.2%
Q3 25	+2.3%	+1.5%
Q4 25	-73.3%	-85.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$2M	0.7%
Q2 23	$1M	0.3%
Q3 23	$1M	0.3%
Q4 23	$2M	0.6%
Q1 24	$3M	0.9%
Q2 24	$2M	0.4%
Q3 24	$1M	0.4%
Q4 24	$2M	0.4%
Q1 25	$4M	0.9%
Q2 25	$2M	0.4%
Q3 25	$1M	0.3%
Q4 25	$2M	1.6%

OpEx Breakdown

Quarter	G&A
Q1 23	$23M
Q2 23	$23M
Q3 23	$23M
Q4 23	$24M
Q1 24	$27M
Q2 24	$24M
Q3 24	$24M
Q4 24	$28M
Q1 25	$29M
Q2 25	$28M
Q3 25	$29M
Q4 25	$44M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$865M	$12.9B	$13.7B
Q2 23	$874M	$12.5B	$13.3B
Q3 23	$782M	$9.9B	$10.7B
Q4 23	$884M	$10.5B	$11.3B
Q1 24	$745M	$10.5B	$11.2B
Q2 24	$923M	$10.6B	$11.6B
Q3 24	$842M	$11.6B	$12.5B
Q4 24	$1.0B	$11.5B	$12.5B
Q1 25	$1.0B	$1.4B	$2.4B
Q2 25	$1.0B	$1.6B	$2.6B
Q3 25	$884M	$1.6B	$2.5B
Q4 25	$931M	$17.6B	$18.5B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	11M	+0.2%
Q2 23	11M	-0.0%
Q3 23	11M	+0.2%
Q4 23	11M	+0.1%
Q1 24	11M	+0.2%
Q2 24	11M	-0.1%
Q3 24	11M	+0.1%
Q4 24	11M	+0.0%
Q1 25	11M	+0.1%
Q2 25	11M	-0.2%
Q3 25	11M	+0.1%
Q4 25	13M	+17.7%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$4M	71
FY 15	$4M	71
FY 16	$4M	81
FY 17	$5M	88
FY 18	$5M	103
FY 19	$6M	103
FY 20	$4M	121
FY 21	$3M	153
FY 22	$5M	158
FY 23	$8M	185
FY 24	$9M	191
FY 25	$6M	212