AGM Q3 2023 Earnings — Federal Agricultural Mortgage Corporation Revenue & Financial Results | Market Cap Arena

AGMFederal Agricultural Mortgage Corporation

$2B

Q3 2023 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$391M+97.8% YoY

Gross Profit

$97M24.9% margin

Operating Income

$73M18.7% margin

Net Income

$58M14.9% margin

EPS (Diluted)

$4.69

QoQ Revenue Growth

+11.9%

Cash Flow

Operating Cash Flow

$363M

Free Cash Flow

$363M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$28.3B

Total Liabilities

$26.9B

Stockholders' Equity

$1.4B

Cash & Equivalents

$782M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$391M	$198M	+97.8%
Gross Profit	$97M	$71M	+36.2%
Operating Income	$73M	$52M	+40.7%
Net Income	$58M	$41M	+40.4%