# Federal Home Loan Mortgage Corporation (FMCKJ)

> Source: Nexqual · https://nexqual.com/FMCKJ · data as of 2026-10-22 19:59 UTC · cite as "Nexqual, Federal Home Loan Mortgage Corporation (FMCKJ), nexqual.com/FMCKJ" · informational, not investment advice.

**Price:** USD 7.41 (-1.20% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 7.5 · day 7.25–7.84 · 52w 6.48–16.71 · market cap null · OQB

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $23.4B, net income $11.8B (50.3% margin) (SEC filings).
- Analysts: None.
- Total return with dividends: 1Y -55.4% vs S&P 500 +14.9%; 5Y +188.3% vs S&P 500 +80.3%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $22.0B | $21.3B | $21.2B | $23.9B | $23.3B | $23.4B |
| Net income | $12.1B | $9.33B | $10.5B | $11.9B | $10.7B | $11.8B |
| EPS (diluted) | $0.15 | $0.11 | -$0.05 | $0.00 | -$0.02 | — |
| Net margin | 55.2% | 43.9% | 49.6% | 49.6% | 46.1% | 50.3% |
| Revenue growth | +31.8% | -3.1% | -0.2% | +12.6% | -2.7% | — |
| Cash + short-term investments | $10.2B | $6.36B | $6.02B | $5.53B | $5.33B | — |
| Total debt | $2.98T | $3.14T | $3.20T | $182B | $207B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)

P/E at fiscal year-ends: Dec 2025 4.3x, Dec 2024 3.2x, Dec 2023 0.9x.

## Analysts
Consensus None.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -55.4% | +188.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -55.5% | +23.5% |
| Volatility (annualized) | 45.2% | 59.3% |
| Max drawdown | -60.9% (Oct 2025→Oct 2026) | -61.0% (Dec 2021→May 2023) |

## Peers (Mortgage Finance)
RKT (Rocket Companies, Inc.) USD 11.74 +5.67% · PFSI (PennyMac Financial Services, In) USD 63.36 +6.43% · WD (Walker & Dunlop, Inc) USD 34.68 +5.44% · VEL (Velocity Financial, Inc.) USD 15.21 +2.42% · UWMC (UWM Holdings Corporation) USD 1.15 +3.60% · BETR (Better Home & Finance Holding C) USD 16.58 +6.42%

## More
Full page: https://nexqual.com/FMCKJ · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in FMCKJ's own 10-K filed 2026-02-12 (https://www.sec.gov/Archives/edgar/data/1026214/000102621426000021/fmcc-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | FinTech | "We rely on U.S. FinTech and the mortgage securitization platform for the operation of many of our single-family securitization activities." |

Other companies that name FMCKJ in their own reports (relationship from FMCKJ's side):

| Relationship | Company | Their filing | Sentence |
|---|---|---|---|
| related | Central Plains Bancshares, Inc. (CPBI) | 10-K 2026-06-18 | "Additionally, the Association had loans totaling $861,000 and $940,000 as of March 31, 2026 and March 31, 2025, respectively, to related parties that were originated by the Association, sold to Federa…" |
| supplier | OHIO VALLEY BANC CORP (OVBC) | 10-K 2026-03-13 | "The Bank continues to sell a portion of its new fixed-rate real estate loan originations to the Federal Home Loan Mortgage Corporation to enhance customer service and loan pricing." |
| supplier | FS Bancorp, Inc. (FSBW) | 10-K 2026-03-13 | "Of the loans sold to investors, $209.1 million were sold to the Federal National Mortgage Association ("FNMA"), the Government National Mortgage Association ("GNMA"), the FHLB, and the Federal Home Lo…" |
| customer | Eagle Bancorp Montana, Inc. (EBMT) | 10-K 2026-03-09 | "We rely on Federal National Mortgage Association ("FNMA"), Federal Home Loan Mortgage Corporation ("FHLMC") and other purchasers to purchase loans in order to reduce our credit risk and provide fundin…" |
| customer | CENTRAL PACIFIC FINANCIAL CORP (CPF) | 10-K 2026-02-27 | "We rely on Federal National Mortgage Association ("Fannie Mae"), Federal Home Loan Mortgage Corporation ("Freddie Mac"), and other purchasers to purchase first mortgage loans in order to reduce our cr…" |
| partner | Marcus & Millichap, Inc. (MMI) | 10-K 2026-02-26 | "MMCC partners with an assortment of capital providers including national and regional banks, credit unions, private equity funds, insurance companies, government agencies, including the Federal Nation…" |
| supplier | OLD SECOND BANCORP INC (OSBC) | 10-K 2026-02-26 | "Sales to investors included $56.5 million, or 67.6% of total loans sold, to FNMA, and $16.6 million, or 19.9% of total loans sold, to FHLMC for the year ended December 31, 2025." |
| partner | Dime Commercial Bancshares, Inc. /NY/ (DCBG) | 10-K 2026-02-20 | "Additionally, in connection with a loan securitization completed in 2017, the Bank executed a reimbursement agreement with FHLMC that obligates the Company to reimburse FHLMC for any contractual princ…" |
| partner | Cushman & Wakefield Ltd. (CWK) | 10-K 2026-02-19 | "On November 27, 2023, Greystone Servicing Company LLC ("GSC"), a wholly-owned subsidiary of the Greystone JV, entered into an indemnity agreement with Federal Home Loan Mortgage Corporation ("Freddie …" |

## Company outlook (8-K filed 2026-07-30)

- "The provision for credit losses was $0.8 billion for the second quarter of 2025, primarily driven by a credit reserve build in Single-Family attributable to lower estimated market values of single-family properties based on the company's internal house price index and lower forecasted house price growth rates."
- "(5) Assumes monthly payments that reflect amortization of principal."
- "Media Contact: Frederick Solomon (703) 903-3861 Investor Contact: Mahesh Lal (571) 382-4732 * * * * This press release contains forward-looking statements using terms such as will, expect, forecast, and others that do not refer solely to past periods."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | — | — | — | $5.83B | — |
| Next quarter (ends 2026-12-31) | — | — | — | $5.92B | — |
| Current fiscal year (ends 2026-12-31) | — | — | — | $23.33B | — |
| Next fiscal year (ends 2027-12-31) | — | — | — | $24.13B | — |