What is Federal Home Loan Mortgage Return-on-Tangible-Equity?
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Federal Home Loan Mortgage's annualized net income for the quarter that ended in Sep. 2024 was $12,420.00 Mil. Federal Home Loan Mortgage's average shareholder tangible equity for the quarter that ended in Sep. 2024 was $54,806.50 Mil. Therefore, Federal Home Loan Mortgage's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 22.66%.
The historical rank and industry rank for Federal Home Loan Mortgage's Return-on-Tangible-Equity or its related term are showing as below:
FMCCP.PFD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.88 Med: 102.71 Max: 443.46
Current: 22.88
During the past 13 years, Federal Home Loan Mortgage's highest Return-on-Tangible-Equity was 443.46%. The lowest was 22.88%. And the median was 102.71%.
FMCCP.PFD's Return-on-Tangible-Equity is ranked better than 90.91% of 1529
companies
in the Banks industry
Industry Median: 10.3
vs FMCCP.PFD: 22.88
Federal Home Loan Mortgage Return-on-Tangible-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Federal Home Loan Mortgage Return-on-Tangible-Equity Chart
Competitive Comparison of Federal Home Loan Mortgage's Return-on-Tangible-Equity
For the Mortgage Finance subindustry, Federal Home Loan Mortgage's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Federal Home Loan Mortgage's Return-on-Tangible-Equity Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Federal Home Loan Mortgage's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Federal Home Loan Mortgage's Return-on-Tangible-Equity falls into.
Federal Home Loan Mortgage Return-on-Tangible-Equity Calculation
Federal Home Loan Mortgage's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Sep. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Federal Home Loan Mortgage (OTCPK:FMCCP.PFD) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Federal Home Loan Mortgage Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Federal Home Loan Mortgage's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Federal Home Loan Mortgage Corp is a US based government-sponsored enterprise. The company invests in mortgage loans and mortgage-related securities. It operates in the following segments: Single-family, Multifamily. Its Single-family segment provides liquidity and support to the single-family mortgage market through a variety of activities that include the purchase, securitization, and guarantee of single-family loans originated by lenders. The company purchases multifamily loans for aggregation and then securitization through the issuance of multifamily K Certificates as well as issues and guarantees other securitization products. Majority of the revenue is earned from single family segment.
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