MFA Financial's earnings have been declining at an average annual rate of -10.1%, while the Mortgage REITs industry saw earnings declining at 1.7% annually. Revenues have been declining at an average rate of 1.5% per year. MFA Financial's return on equity is 7.6%, and it has net margins of 31.7%.
Key information
-10.13%
Earnings growth rate
-7.55%
EPS growth rate
Mortgage REITs Industry Growth
4.45%
Revenue growth rate
-1.53%
Return on equity
7.57%
Net Margin
31.65%
Last Earnings Update
31 Mar 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How MFA Financial makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
NYSE:MFA.PRC Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
288
91
120
0
31 Dec 25
325
136
119
0
30 Sep 25
279
90
120
0
30 Jun 25
284
93
125
0
31 Mar 25
292
104
128
0
31 Dec 24
280
86
132
0
30 Sep 24
366
170
136
0
30 Jun 24
260
65
136
0
31 Mar 24
191
-2
137
0
31 Dec 23
248
47
130
0
30 Sep 23
138
-36
122
0
30 Jun 23
136
-35
118
0
31 Mar 23
64
-109
114
0
31 Dec 22
-68
-265
113
0
30 Sep 22
-51
-228
116
0
30 Jun 22
126
-40
111
0
31 Mar 22
273
127
99
0
31 Dec 21
449
295
83
0
30 Sep 21
412
297
66
0
30 Jun 21
370
252
59
0
31 Mar 21
493
282
58
0
31 Dec 20
-538
-709
57
0
30 Sep 20
-434
-650
61
0
30 Jun 20
-435
-638
55
0
31 Mar 20
-529
-637
53
0
31 Dec 19
473
362
53
0
30 Sep 19
423
322
52
0
30 Jun 19
412
314
50
0
31 Mar 19
386
291
49
0
31 Dec 18
381
286
46
0
30 Sep 18
412
325
43
0
30 Jun 18
394
302
47
0
31 Mar 18
406
311
47
0
31 Dec 17
394
307
50
0
30 Sep 17
368
278
52
0
30 Jun 17
378
297
48
0
31 Mar 17
371
296
46
0
31 Dec 16
377
296
46
0
30 Sep 16
370
297
45
0
30 Jun 16
365
293
44
0
31 Mar 16
363
293
43
0
31 Dec 15
366
297
42
0
30 Sep 15
370
303
42
0
30 Jun 15
367
303
42
0
Quality Earnings: MFA.PRC has high quality earnings.
Growing Profit Margin: MFA.PRC's current net profit margins (31.7%) are lower than last year (35.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MFA.PRC's earnings have declined by 10.1% per year over the past 5 years.
Accelerating Growth: MFA.PRC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MFA.PRC had negative earnings growth (-12.2%) over the past year, making it difficult to compare to the Mortgage REITs industry average (4.1%).
Return on Equity
High ROE: MFA.PRC's Return on Equity (7.6%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
7D
1Y
7D
1Y
7D
1Y
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/10 22:16
End of Day Share Price
2026/06/09 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
MFA Financial, Inc. is covered by 19 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.