Federal Home Loan Mortgage (FMCC)
Market Price (4/11/2026): $0 | Market Cap: $0Sector: Financials | Industry: Commercial & Residential Mortgage Finance
Federal Home Loan Mortgage (FMCC)
Market Price (4/11/2026): $0Market Cap: $0Sector: FinancialsIndustry: Commercial & Residential Mortgage Finance
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 46%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 42%, FCF Yield is 83% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 83%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 83%, CFO LTM is 19 Bil, FCF LTM is 19 Bil Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -37% Megatrend and thematic driversMegatrends include Fintech & Digital Payments, Sustainable Finance, and Sustainable & Green Buildings. Themes include Online Banking & Lending, Show more. | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 14612% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.7%, Rev Chg QQuarterly Revenue Change % is -8.9% High stock price volatilityVol 12M is 101% Key risksFMCC key risks include [1] profound uncertainty regarding its prolonged government conservatorship and potential privatization, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 46%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 42%, FCF Yield is 83% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 83%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 83%, CFO LTM is 19 Bil, FCF LTM is 19 Bil |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -37% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, Sustainable Finance, and Sustainable & Green Buildings. Themes include Online Banking & Lending, Show more. |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 14612% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.7%, Rev Chg QQuarterly Revenue Change % is -8.9% |
| High stock price volatilityVol 12M is 101% |
| Key risksFMCC key risks include [1] profound uncertainty regarding its prolonged government conservatorship and potential privatization, Show more. |
Qualitative Assessment
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1. Significantly missed Q1 2026 earnings per share estimates and experienced revenue decline.
Federal Home Loan Mortgage Corporation reported $0.00 earnings per share for Q1 2026, substantially missing the consensus analyst estimate of $0.44 per share. Additionally, revenue for the quarter was $5,712 million, representing an 8.4% year-over-year decline. The stock price fell 15.0% following this earnings announcement as of April 3, 2026.
2. Deterioration in Q4 2025 financial performance driven by lower revenues and increased credit loss provisions.
The company reported a 14% year-over-year decrease in Q4 2025 net income to $2.8 billion and a 9% decline in Q4 net revenues to $5.8 billion. This was largely due to a 55% fall in non-interest income for the year, resulting from net investment losses and reduced revenues from loan purchase and securitization activities. Furthermore, the provision for credit losses increased by $814 million year-over-year to $1.3 billion for 2025, reflecting higher reserve builds.
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Stock Movement Drivers
Fundamental Drivers
The -29.1% change in FMCC stock from 12/31/2025 to 4/10/2026 was primarily driven by a -26.2% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 4102026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.14 | 7.19 | -29.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 23,836 | 23,271 | -2.4% |
| Net Income Margin (%) | 46.9% | 46.1% | -1.7% |
| P/E Multiple | 2.9 | 2.2 | -26.2% |
| Shares Outstanding (Mil) | 3,234 | 3,234 | 0.0% |
| Cumulative Contribution | -29.1% |
Market Drivers
12/31/2025 to 4/10/2026| Return | Correlation | |
|---|---|---|
| FMCC | -29.1% | |
| Market (SPY) | -5.4% | 27.8% |
| Sector (XLF) | -7.3% | 29.8% |
Fundamental Drivers
The -38.9% change in FMCC stock from 9/30/2025 to 4/10/2026 was primarily driven by a -34.5% change in the company's P/E Multiple.| (LTM values as of) | 9302025 | 4102026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.77 | 7.19 | -38.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 23,935 | 23,271 | -2.8% |
| Net Income Margin (%) | 48.1% | 46.1% | -4.1% |
| P/E Multiple | 3.3 | 2.2 | -34.5% |
| Shares Outstanding (Mil) | 3,234 | 3,234 | 0.0% |
| Cumulative Contribution | -38.9% |
Market Drivers
9/30/2025 to 4/10/2026| Return | Correlation | |
|---|---|---|
| FMCC | -38.9% | |
| Market (SPY) | -2.9% | 24.2% |
| Sector (XLF) | -5.4% | 20.7% |
Fundamental Drivers
The 34.4% change in FMCC stock from 3/31/2025 to 4/10/2026 was primarily driven by a 48.5% change in the company's P/E Multiple.| (LTM values as of) | 3312025 | 4102026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.35 | 7.19 | 34.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 23,912 | 23,271 | -2.7% |
| Net Income Margin (%) | 49.6% | 46.1% | -7.0% |
| P/E Multiple | 1.5 | 2.2 | 48.5% |
| Shares Outstanding (Mil) | 3,234 | 3,234 | 0.0% |
| Cumulative Contribution | 34.4% |
Market Drivers
3/31/2025 to 4/10/2026| Return | Correlation | |
|---|---|---|
| FMCC | 34.4% | |
| Market (SPY) | 16.3% | 29.1% |
| Sector (XLF) | 3.0% | 26.3% |
Fundamental Drivers
The 1660.5% change in FMCC stock from 3/31/2023 to 4/10/2026 was primarily driven by a 1430.2% change in the company's P/E Multiple.| (LTM values as of) | 3312023 | 4102026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.41 | 7.19 | 1660.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 21,264 | 23,271 | 9.4% |
| Net Income Margin (%) | 43.9% | 46.1% | 5.1% |
| P/E Multiple | 0.1 | 2.2 | 1430.2% |
| Shares Outstanding (Mil) | 3,234 | 3,234 | 0.0% |
| Cumulative Contribution | 1660.5% |
Market Drivers
3/31/2023 to 4/10/2026| Return | Correlation | |
|---|---|---|
| FMCC | 1660.5% | |
| Market (SPY) | 63.3% | 19.8% |
| Sector (XLF) | 64.9% | 23.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FMCC Return | -64% | -57% | 141% | 284% | 211% | -31% | 198% |
| Peers Return | -28% | -36% | 101% | 39% | 72% | -17% | 85% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 82% |
Monthly Win Rates [3] | |||||||
| FMCC Win Rate | 33% | 25% | 67% | 75% | 67% | 25% | |
| Peers Win Rate | 47% | 40% | 57% | 52% | 57% | 50% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| FMCC Max Drawdown | -70% | -57% | 0% | -7% | 0% | -60% | |
| Peers Max Drawdown | -35% | -49% | -5% | -13% | -11% | -30% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: FNMA, RKT, UWMC, PFSI, NLY.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/10/2026 (YTD)
How Low Can It Go
| Event | FMCC | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -85.5% | -25.4% |
| % Gain to Breakeven | 590.6% | 34.1% |
| Time to Breakeven | 683 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -63.9% | -33.9% |
| % Gain to Breakeven | 176.7% | 51.3% |
| Time to Breakeven | 1,708 days | 148 days |
| 2018 Correction | ||
| % Loss | -74.6% | -19.8% |
| % Gain to Breakeven | 294.3% | 24.7% |
| Time to Breakeven | 2,195 days | 120 days |
Compare to FNMA, RKT, UWMC, PFSI, NLY
In The Past
Federal Home Loan Mortgage's stock fell -85.5% during the 2022 Inflation Shock from a high on 4/23/2021. A -85.5% loss requires a 590.6% gain to breakeven.
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About Federal Home Loan Mortgage (FMCC)
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Here are 1-3 brief analogies for Federal Home Loan Mortgage (FMCC):
- Goldman Sachs for mortgages: It's like a specialized investment bank (similar to Goldman Sachs) that exclusively focuses on buying mortgage loans from lenders, packaging them into securities, and guaranteeing those securities for investors.
- Amazon for mortgage loans: Think of FMCC as a massive online marketplace or wholesaler, but instead of selling consumer goods, it buys mortgage loans in bulk from banks and sells them as investment products (securities) to other investors.
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- Purchasing Mortgage Loans: Acquires single-family and multifamily residential mortgage loans from lenders to provide liquidity in the secondary mortgage market.
- Mortgage Securitization: Bundles purchased mortgage loans into mortgage-backed securities (MBS) and issues them to investors, including specific certificates like multifamily K and SB certificates.
- Mortgage Guarantees: Provides guarantees on the timely payment of principal and interest on mortgage loans and mortgage-related securities, transferring credit risk from investors.
- Credit Risk Transfer Products: Develops and offers various products designed to transfer portions of the credit risk on mortgage loans to private investors.
- Investment in Mortgage-Related Securities: Invests its own capital in a portfolio of mortgage loans and mortgage-related securities.
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Federal Home Loan Mortgage (FMCC) primarily serves other companies and institutions. Its major customers fall into the following categories:
- Lenders and Originators: This broad category includes entities such as mortgage banking companies, commercial banks, regional banks, community banks, credit unions, savings institutions, non-depository financial institutions, and other banks and depository institutions, as well as a range of other lenders. FMCC purchases single-family and multifamily residential mortgage loans originated by these entities and provides them with securitization and guarantee services.
- Institutional Investors: This group comprises various institutions that invest in mortgage loans and mortgage-related securities. It includes insurance companies, money managers, central banks, pension funds, state and local governments, real estate investment trusts (REITs), and brokers and dealers. These customers purchase the securitized products (e.g., multifamily K and SB certificates) and other credit risk transfer products issued and guaranteed by FMCC.
- Housing Finance Agencies: These are specialized governmental or quasi-governmental agencies that FMCC serves, particularly within its Single-family segment.
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Here is the management team for Federal Home Loan Mortgage (FMCC):Kenny M. Smith, Chief Executive Officer and Director
Kenny M. Smith was appointed CEO of Freddie Mac effective December 17, 2025. He is a retired senior principal of Deloitte Consulting LLP, where he served since 1993, including as Vice Chairman, U.S. Financial Services Industry Leader from 2015 to 2020.
Jim Whitlinger, Executive Vice President and Chief Financial Officer
Jim Whitlinger is responsible for Freddie Mac's financial controls, accounting, investor relations, financial planning and reporting, tax, capital oversight, and compliance with Sarbanes-Oxley (SOX) requirements. He previously served as Freddie Mac's interim CFO and spent 10 years as the CFO of the Single-Family Division. Prior to joining Freddie Mac, he held various leadership positions during his 22-year tenure at GMAC ResCap, Inc., and Residential Capital LLC, including EVP and CFO for Residential Capital LLC and its subsidiaries, and also served on its Board of Directors.
Mike Hutchins, President and Director
Mike Hutchins has served as President of Freddie Mac since December 2020, and as a member of its Board since March 2025. He previously served as Interim President starting November 2020, and also as Interim CEO from March 2025 to December 2025, and from March 2024 to September 2024. In his role as President, he oversees the company's Single-Family, Multifamily, Investments and Capital Markets, Enterprise Operations & Technology, Finance, Human Resources, and Legal Divisions.
John Glessner, Executive Vice President and Head of Investments & Capital Markets
John Glessner is responsible for overseeing liquidity, financing, credit risk transfer, and derivative activities, as well as managing Freddie Mac's portfolio of single-family securities and loan investments. He also oversees enterprise functions related to financial/capital/risk analytics, model governance, payments, counterparty risk, and third-party risk.
Kevin Palmer, Executive Vice President and Head of Multifamily
Kevin Palmer leads all aspects of Freddie Mac's Multifamily division, focusing on providing stability, liquidity, and affordability in the rental housing market. His division is a leader in the secondary multifamily mortgage market, purchasing various types of loans and pioneering credit risk transfer (CRT) through its K-Deal® platform.
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The Federal Home Loan Mortgage Corporation (FMCC), commonly known as Freddie Mac, faces several significant risks inherent to its role in the secondary mortgage market and its unique operational status. The most critical risks to Freddie Mac's business include: * **Government Conservatorship and Regulatory Uncertainty:** Freddie Mac has been operating under government conservatorship since 2008, a status that profoundly impacts its operations, profitability, and capital structure. Its future remains uncertain, with ongoing discussions and potential legislative changes regarding its privatization or continued government control. The Federal Housing Finance Agency (FHFA), as its regulator, can mandate actions that may reduce profitability or expose Freddie Mac to additional risks. Furthermore, Freddie Mac, along with Fannie Mae, remains below the minimum regulatory capital framework requirements set by the FHFA, creating a need to build capital. * **Interest Rate Risk and Housing Market Downturns:** As a major participant in the mortgage market, Freddie Mac is highly susceptible to fluctuations in interest rates and broader downturns in the housing market. Changes in interest rates directly affect mortgage demand, the value of its mortgage-related investments, and its funding costs. Economic downturns, rising unemployment, or declining home prices can lead to increased mortgage credit risk, resulting in higher delinquencies and potential losses on its portfolio and guarantees. Recent market conditions have seen mortgage rates ticking up, contributing to economic unease and challenging housing market momentum. * **Credit Risk:** Freddie Mac is exposed to the inherent credit risk of borrowers defaulting on the mortgage loans it purchases, securitizes, and guarantees. While the company utilizes credit risk transfer (CRT) programs to distribute a portion of this risk to third parties, it still retains significant exposure. Additionally, weaknesses in internal controls over financial reporting or reliance on the underwriting processes of loan originators can elevate credit risk and lead to financial losses. Operational failures within its own systems or those of third parties can also result in impaired liquidity, business disruptions, and financial losses.AI Analysis | Feedback
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The addressable markets for Federal Home Loan Mortgage (FMCC) in the United States are substantial across its main product and service segments.
Single-Family Mortgage Market (U.S.)
The total single-family mortgage origination volume in the U.S. is projected to reach $2.0 trillion in 2025 and further increase to $2.2 trillion in 2026.
Multifamily Mortgage Market (U.S.)
Multifamily lending in the U.S. reached $288.7 billion in 2024. Freddie Mac (FMCC) anticipates multifamily originations to grow to between $370 billion and $380 billion in 2025. The total outstanding multifamily mortgage debt in the U.S. was $2.24 trillion as of the third quarter of 2025. The U.S. multifamily market size was valued at $265 billion in 2022 and is expected to grow to $466 billion by 2030.
Mortgage-Backed Securities (MBS) Market (U.S.)
The Mortgage-Backed Securities (MBS) market in the U.S. is estimated at $15.55 trillion in 2025 and is projected to reach $22.43 trillion by 2030, growing at a compound annual growth rate (CAGR) of 7.60%. In 2024, MBS issuance in the U.S. increased to $1.6 trillion. As of mid-2023, there was over $11 trillion in outstanding MBS in the United States.
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Here are 3-5 expected drivers of future revenue growth for Federal Home Loan Mortgage (FMCC) over the next 2-3 years:
- Continued Growth in Mortgage Portfolio Driven by Favorable Market Conditions: Freddie Mac anticipates an increase in overall origination volumes, particularly in the multifamily sector, with projections for multifamily originations to reach between $370 billion and $380 billion in 2025, up from $320 billion in 2024. This growth is expected to be fueled by factors such as slightly lower mortgage rates and increased home sales activity. The expansion of its mortgage portfolio directly contributes to higher net interest income, a significant component of the company's revenue.
- Expansion of Mission-Driven Lending for Affordable Housing and Underserved Communities: Freddie Mac has a strategic focus on promoting equitable housing finance and increasing homeownership opportunities for underserved populations. This includes expanding programs for first-time homebuyers, targeting minority borrowers, and committing to funding a significant number of affordable housing units through initiatives like multifamily Forward Commitments. By increasing mortgage accessibility and supporting affordable housing, the company expects to drive new business volume and portfolio expansion in these key segments.
- Strategic Investments in Technology and Operational Efficiency: The company is focused on operational streamlining, which is expected to reduce general and administrative expenses. These savings are anticipated to enable further investment in critical technology and digital mortgage tools. While primarily aimed at cost reduction and process improvement, these technological advancements can enhance service delivery, simplify loan approvals, reduce costs for homebuyers, and attract more business, thereby indirectly supporting revenue growth through increased market share and transaction volumes.
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Inbound Investments
- Freddie Mac has been focused on building its capital to meet the buffers outlined in the Enterprise Regulatory Capital Framework (ERCF), with increases in net worth adding to the liquidation preference of the senior preferred stock held by the U.S. Treasury.
- Pursuant to a January 2021 amendment to the Purchase Agreement, Freddie Mac is not required to pay dividends to the Treasury until it has accumulated sufficient net worth to meet its capital requirements.
Outbound Investments
- Freddie Mac's mortgage portfolio experienced growth, increasing at an annualized rate of 6.5% in December 2025, reaching $3.67 trillion.
- Purchases of mortgage-related investments amounted to $45.6 billion in December 2025, reflecting an increase from $38.3 billion in November 2025 and $32.5 billion in December 2024.
- The company made $1 billion in Low-Income Housing Tax Credit (LIHTC) equity investments in 2024 as part of its $66 billion multifamily production volume, and its 2025 multifamily production volume totaled $77.6 billion, supporting over 577,000 affordable rental units.
Share Issuance
- Freddie Mac issued $56 billion of securities through its multifamily risk transfer platform in 2024 to transfer interest rate risk, liquidity risk, and credit risk to private investors.
- The company's multifamily risk transfer platform settled $27.7 billion in K-Deals® and $22.1 billion in Multi PC® issuances in 2024.
- In 2025, Freddie Mac Multifamily issued $68 billion in securities.
Trade Ideas
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| 03202026 | MKTX | MarketAxess | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -5.2% | -5.2% | -5.7% |
| 03202026 | RYAN | Ryan Specialty | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -2.7% | -2.7% | -8.5% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 11.55 |
| Mkt Cap | 19.3 |
| Rev LTM | 5,678 |
| Op Inc LTM | 551 |
| FCF LTM | -963 |
| FCF 3Y Avg | -614 |
| CFO LTM | -480 |
| CFO 3Y Avg | -13 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 18.3% |
| Rev Chg 3Y Avg | 9.6% |
| Rev Chg Q | 50.2% |
| QoQ Delta Rev Chg LTM | 13.8% |
| Op Mgn LTM | 10.8% |
| Op Mgn 3Y Avg | 12.0% |
| QoQ Delta Op Mgn LTM | -2.8% |
| CFO/Rev LTM | -6.9% |
| CFO/Rev 3Y Avg | -37.7% |
| FCF/Rev LTM | -21.7% |
| FCF/Rev 3Y Avg | -48.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 19.3 |
| P/S | 1.3 |
| P/EBIT | 8.6 |
| P/E | 5.4 |
| P/CFO | 0.4 |
| Total Yield | 12.5% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -17.7% |
| D/E | 4.7 |
| Net D/E | 4.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 3.1% |
| 3M Rtn | -29.0% |
| 6M Rtn | -24.6% |
| 12M Rtn | 34.6% |
| 3Y Rtn | 65.6% |
| 1M Excs Rtn | 2.5% |
| 3M Excs Rtn | -25.0% |
| 6M Excs Rtn | -26.0% |
| 12M Excs Rtn | -9.5% |
| 3Y Excs Rtn | 5.8% |
Price Behavior
| Market Price | $7.19 | |
| Market Cap ($ Bil) | 23.3 | |
| First Trading Date | 02/26/2016 | |
| Distance from 52W High | -49.2% | |
| 50 Days | 200 Days | |
| DMA Price | $6.20 | $8.55 |
| DMA Trend | down | down |
| Distance from DMA | 15.9% | -15.9% |
| 3M | 1YR | |
| Volatility | 131.7% | 104.3% |
| Downside Capture | 0.58 | 0.39 |
| Upside Capture | -81.52 | 103.17 |
| Correlation (SPY) | 18.2% | 13.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.38 | 1.75 | 1.72 | 1.34 | 1.34 | 1.21 |
| Up Beta | 6.75 | 1.51 | 3.51 | 1.65 | 1.33 | 1.26 |
| Down Beta | 3.26 | 3.64 | 1.66 | 1.29 | 1.50 | 1.58 |
| Up Capture | -183% | -77% | -67% | -5% | 96% | 271% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 6 | 13 | 19 | 40 | 106 | 350 |
| Down Capture | 218% | 195% | 247% | 192% | 125% | 79% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 15 | 27 | 42 | 66 | 123 | 354 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FMCC | |
|---|---|---|---|---|
| FMCC | 98.8% | 107.1% | 1.18 | - |
| Sector ETF (XLF) | 16.9% | 17.3% | 0.74 | 22.7% |
| Equity (SPY) | 31.2% | 17.3% | 1.47 | 25.1% |
| Gold (GLD) | 60.1% | 27.8% | 1.69 | -5.9% |
| Commodities (DBC) | 29.8% | 16.6% | 1.58 | 4.2% |
| Real Estate (VNQ) | 21.3% | 15.2% | 1.07 | 10.5% |
| Bitcoin (BTCUSD) | -5.7% | 43.7% | -0.01 | 16.9% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FMCC | |
|---|---|---|---|---|
| FMCC | 33.3% | 86.9% | 0.71 | - |
| Sector ETF (XLF) | 9.7% | 18.7% | 0.40 | 17.0% |
| Equity (SPY) | 11.1% | 17.0% | 0.50 | 16.4% |
| Gold (GLD) | 22.1% | 17.8% | 1.02 | -3.9% |
| Commodities (DBC) | 11.8% | 18.8% | 0.52 | 1.3% |
| Real Estate (VNQ) | 3.7% | 18.8% | 0.10 | 6.9% |
| Bitcoin (BTCUSD) | 4.0% | 56.5% | 0.29 | 10.1% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FMCC | |
|---|---|---|---|---|
| FMCC | 19.2% | 79.4% | 0.57 | - |
| Sector ETF (XLF) | 12.7% | 22.2% | 0.53 | 22.7% |
| Equity (SPY) | 13.8% | 17.9% | 0.66 | 20.6% |
| Gold (GLD) | 14.2% | 15.9% | 0.74 | -4.4% |
| Commodities (DBC) | 8.6% | 17.6% | 0.41 | 8.7% |
| Real Estate (VNQ) | 5.1% | 20.7% | 0.22 | 12.7% |
| Bitcoin (BTCUSD) | 67.4% | 66.9% | 1.07 | 6.2% |
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Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/12/2026 | 0.0% | 0.0% | -26.2% |
| 10/30/2025 | 0.0% | -4.9% | -5.6% |
| 7/31/2025 | -6.1% | -2.5% | 39.1% |
| 5/1/2025 | -0.2% | 1.9% | 53.3% |
| 2/13/2025 | -3.6% | 2.4% | -19.8% |
| 10/30/2024 | -1.5% | -9.1% | 137.1% |
| 7/31/2024 | -3.3% | -8.9% | -8.9% |
| 5/1/2024 | 2.9% | 0.7% | 8.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 12 | 12 |
| # Negative | 15 | 12 | 12 |
| Median Positive | 0.0% | 1.6% | 18.8% |
| Median Negative | -1.3% | -4.6% | -10.9% |
| Max Positive | 2.9% | 20.7% | 137.1% |
| Max Negative | -6.1% | -9.1% | -26.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/12/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/13/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 07/31/2024 | 10-Q |
| 03/31/2024 | 05/01/2024 | 10-Q |
| 12/31/2023 | 02/14/2024 | 10-K |
| 09/30/2023 | 11/01/2023 | 10-Q |
| 06/30/2023 | 08/02/2023 | 10-Q |
| 03/31/2023 | 05/03/2023 | 10-Q |
| 12/31/2022 | 02/22/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 07/28/2022 | 10-Q |
| 03/31/2022 | 04/28/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q4 2025 Earnings Reported 2/12/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Senior preferred stock liquidation preference | 143.00 Bil | 2.0% | Higher New | Actual: 140.20 Bil for Q4 2025 | |||
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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