AGM Q3 2024 Earnings — Federal Agricultural Mortgage Corporation Revenue & Financial Results | Market Cap Arena

AGMFederal Agricultural Mortgage Corporation

$2B

Q3 2024 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$411M+5.1% YoY

Gross Profit

$87M21.2% margin

Operating Income

$62M15.1% margin

Net Income

$50M12.1% margin

EPS (Diluted)

$3.86

QoQ Revenue Growth

+1.2%

Cash Flow

Operating Cash Flow

-$44M

Free Cash Flow

-$44M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$30.6B

Total Liabilities

$29.2B

Stockholders' Equity

$1.5B

Cash & Equivalents

$842M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$411M	$391M	+5.1%
Gross Profit	$87M	$97M	-10.5%
Operating Income	$62M	$73M	-15.0%
Net Income	$50M	$58M	-14.3%