AGM Q4 2023 Earnings — Federal Agricultural Mortgage Corporation Revenue & Financial Results | Market Cap Arena

AGMFederal Agricultural Mortgage Corporation

$2B

Q4 2023 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$354M+29.9% YoY

Gross Profit

$86M24.2% margin

Operating Income

$60M17.1% margin

Net Income

$48M13.4% margin

EPS (Diluted)

$3.73

QoQ Revenue Growth

-9.5%

Cash Flow

Operating Cash Flow

-$167M

Free Cash Flow

-$167M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$29.5B

Total Liabilities

$28.1B

Stockholders' Equity

$1.4B

Cash & Equivalents

$884M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$354M	$273M	+29.9%
Gross Profit	$86M	$77M	+11.6%
Operating Income	$60M	$55M	+9.4%
Net Income	$48M	$43M	+9.7%