MFA
MFA Financial, Inc.
NYSE · Real Estate · REIT - Mortgage · US
$8.95
+0.90%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 752.0M | 875.2M | 279.6M | 234.0M | (67.6M) |
| Cost of Revenue | 157.9M | 33.4M | 35.3M | 34.1M | 42.9M |
| Gross Profit | 618.2M | 841.8M | 244.3M | 199.9M | (110.5M) |
| Operating Expenses | |||||
| R&D Expense | 200.0K | — | 800.0K | 800.0K | 800.0K |
| SG&A Expense | 81.2M | 41.7M | 131.9M | 129.9M | 112.7M |
| General & Admin Expense | 62.3M | 41.7M | 36.8M | 129.9M | 30.6M |
| Selling & Marketing Expense | 19.0M | — | 95.1M | — | 82.1M |
| Other Expenses | 114.0M | 110.0M | — | — | — |
| Total Operating Expenses | 195.4M | 151.8M | 132.7M | 130.7M | 113.5M |
| Cost and Expenses | 200.5M | 185.2M | 168.0M | 164.9M | 156.4M |
| Operating Income (EBIT) | 689.8M | 690.0M | 637.8M | 69.2M | (224.0M) |
| Non-Operating | |||||
| Interest Income | 764.9M | 745.1M | 724.0M | 605.6M | 482.4M |
| Interest Expense | 534.9M | 514.0M | 521.2M | 429.1M | 258.8M |
| Net Interest Income | 230.0M | 231.1M | 202.7M | 176.5M | 223.6M |
| Other Non-Op Income/Expense | (263.6M) | (514.0M) | 8.1M | 11.0M | (8.4M) |
| Non-Operating Income (excl Interest) | 4.2M | — | — | 73.4M | — |
| EBT (Pre-Tax Income) | 148.1M | 176.0M | 119.7M | 80.2M | (232.4M) |
| Income Tax Expense | (101.0K) | (735.0K) | 443.0K | 278.0K | (851.0K) |
| Bottom Line | |||||
| Net Income | 148.2M | 176.8M | 119.3M | 80.2M | (231.6M) |
| Earnings from Cont. Ops | 148.2M | 176.8M | 119.3M | 80.2M | (231.6M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 136.9M | 176.8M | 85.9M | 47.3M | (265.1M) |
| Per Share | |||||
| Basic EPS | $1.32 | $1.71 | $0.83 | $0.46 | ($2.57) |
| Diluted EPS | $1.20 | $1.68 | $0.82 | $0.46 | ($2.57) |
| Revenue Per Share | $7.25 | $8.44 | $2.70 | $2.29 | ($0.66) |
| Shares | |||||
| Basic Shares Outstanding | 103.7M | 103.7M | 103.5M | 102.2M | 103.2M |
| Diluted Shares Outstanding | 105.3M | 105.3M | 105.1M | 103.6M | 103.2M |
| Profitability Metrics | |||||
| EBITDA | 554.9M | 690.0M | 644.1M | — | 36.5M |
| D&A | 1.2M | 2.2M | 3.2M | 4.2M | 9.2M |
| EBIT | 419.1M | 690.0M | 119.7M | (4.2M) | 27.3M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026