| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | $2.05B+102.8% | $1.01B+161.8% | -$1.64B-194.9% | $1.73B-28.0% | $2.40B+369.3% | -$889.8M+58.9% | -$2.16B-4094.8% | $54.1M-96.5% | $1.57B |
| Amortization of premiums and discounts of investments, net | $246.6M+118.2% | $113.0M-39.1% | $185.7M+113.1% | $87.2M-88.9% | $784.1M-42.8% | $1.37B+23.2% | $1.11B+60.7% | $692.8M-20.6% | $872.3M |
| Amortization of securitized debt premiums and discounts and deferred financing costs | -$35.2M-1084.8% | $3.6M-74.1% | $13.8M+392.1% | -$4.7M+28.5% | -$6.6M+42.8% | -$11.6M+2.3% | -$11.9M-244.7% | -$3.4M+4.4% | -$3.6M |
| Depreciation, amortization and other noncash expenses | $34.0M+12.1% | $30.4M+22.4% | $24.8M+21.0% | $20.5M-16.8% | $24.6M-40.4% | $41.4M+31.0% | $31.6M-56.4% | $72.4M+158.8% | $28.0M |
| Net (gains) losses on investments and derivatives | $178.0M-77.3% | $783.2M-76.3% | $3.31B+2924.9% | $109.4M+109.1% | -$1.20B-170.6% | $1.71B-8.0% | $1.86B+1257.3% | $136.7M+118.6% | -$734.7M |
| Income (loss) from unconsolidated joint ventures | $13.0M+323.7% | -$5.8M-156.4% | $10.3M+189.7% | -$11.5M-194.0% | $12.2M+72.2% | $7.1M+2.6% | $6.9M+142.7% | $2.8M-0.8% | $2.9M |
| Loan loss provision (reversal) | $0 | $0+100.0% | -$219K+98.9% | -$20.7M+85.8% | -$145.1M-198.3% | $147.6M+790.7% | $16.6M | — | — |
| Payments on purchases of loans held for sale | -$262.3M-349.9% | -$58.3M | $0 | $0+100.0% | -$51.4M+65.2% | -$147.8M+40.9% | -$250.3M-9.9% | -$227.9M+26.4% | -$309.5M |
| Proceeds from sales and repayments of loans held for sale | $235.1M+380.3% | $49.0M+3004.1% | $1.6M-65.7% | $4.6M-94.9% | $90.0M-46.6% | $168.7M-40.3% | $282.7M+188.7% | $97.9M-76.1% | $410.3M |
| Proceeds from U.S. Treasury securities | $7.27B-15.6% | $8.61B+327.3% | $2.02B | $0 | $0 | — | — | — | — |
| Payments on U.S. Treasury securities | -$7.44B+8.8% | -$8.16B | $0 | $0 | — | — | — | — | — |
| Net receipts (payments) on derivatives | -$1.82B-333.8% | $779.3M+190.4% | -$862.0M-123.7% | $3.64B+290.6% | $932.9M+147.6% | -$1.96B-1.0% | -$1.94B-503.9% | $480.2M+305.3% | -$233.9M |
| Other assets | -$31.6M+48.9% | -$61.9M+54.8% | -$136.8M-1096.2% | -$11.4M-136.8% | $31.0M-87.6% | $249.8M+726.3% | -$39.9M-140.7% | $98.1M+267.1% | -$58.7M |
| Interest receivable | $138.3M-10.6% | $154.7M+126.4% | -$585.8M-45.1% | -$403.6M-1325.8% | $32.9M-79.3% | $159.3M+285.4% | -$86.0M-339.4% | -$19.6M+62.5% | -$52.2M |
| Interest payable | $112.4M+672.7% | -$19.6M+47.5% | -$37.3M-116.0% | $233.8M+334.7% | -$99.6M+65.1% | -$285.2M-201.5% | -$94.6M-132.0% | $295.6M+229.3% | $89.8M |
| Other liabilities | $5.7M-92.4% | $75.3M+15.0% | $65.5M+256.7% | -$41.8M-2521.9% | $1.7M+105.4% | -$31.9M-200.1% | $31.8M+117.2% | -$185.3M-480.9% | $48.6M |
| Net cash provided by (used in) operating activities | $692.9M-79.1% | $3.31B+39.9% | $2.37B-55.9% | $5.37B+74.6% | $3.08B+482.8% | $528.0M+144.0% | -$1.20B-145.7% | $2.62B+60.6% | $1.63B |
| Payments on purchases of securities | -$40.75B-26.5% | -$32.21B+21.5% | -$41.04B+9.8% | -$45.47B-103.5% | -$22.34B+31.6% | -$32.68B+48.5% | -$63.47B-41.7% | -$44.80B | — |
| Proceeds from sales of securities | $17.17B-18.6% | $21.11B-32.5% | $31.26B+24.8% | $25.06B+114.7% | $11.67B-77.8% | $52.64B+105.6% | $25.61B-23.0% | $33.26B | — |
| Principal payments on securities | $8.34B+22.1% | $6.83B+11.1% | $6.15B-35.5% | $9.54B-49.1% | $18.74B-4.2% | $19.57B+13.8% | $17.20B+49.7% | $11.49B-4.4% | $12.02B |
| Payments on purchases and origination of loans | -$18.65B-40.9% | -$13.24B-140.6% | -$5.50B+10.3% | -$6.14B+20.5% | -$7.72B-241.8% | -$2.26B+45.3% | -$4.13B-31.0% | -$3.15B | — |
| Proceeds from sales of loans | $1.35B+96.7% | $686.1M+3129.7% | $21.2M-98.9% | $1.93B+59.0% | $1.21B+94.5% | $624.0M+70.6% | $365.8M+143.8% | $150.1M | $0 |
| Principal payments on loans | $6.11B+133.8% | $2.61B+140.5% | $1.09B-30.5% | $1.56B-40.2% | $2.61B+17.5% | $2.22B-29.2% | $3.14B+48.9% | $2.11B+355.6% | $462.6M |
| Payments on purchases of MSR | -$882.8M-2.3% | -$863.1M-117.5% | -$396.8M+60.7% | -$1.01B-113.4% | -$473.0M | $0 | $0+100.0% | -$381K+96.7% | -$11.5M |
| Proceeds from sales of MSR | $1.9M-97.2% | $66.3M | $0-100.0% | $9.1M-88.9% | $82.2M+13.9% | $72.2M | $0 | $0-100.0% | $33K |
| Payments on purchases of interests in MSR | -$32.2M | $0 | $0+100.0% | -$4.9M+92.5% | -$65.1M | $0 | $0 | — | — |
| Proceeds from reverse repurchase agreements | $636.21B+4.4% | $609.32B+373.8% | $128.62B+425.0% | $24.50B+46.4% | $16.73B-71.5% | $58.80B-40.2% | $98.34B+15.3% | $85.32B+26.1% | $67.68B |
| Payments on reverse repurchase agreements | -$636.25B-4.4% | -$609.32B-373.8% | -$128.62B-425.0% | -$24.50B-46.4% | -$16.73B+71.5% | -$58.80B+39.8% | -$97.69B-14.9% | -$85.03B-25.6% | -$67.68B |
| Distributions in excess of cumulative earnings from unconsolidated joint ventures | $6.7M-73.7% | $25.4M | $0 | $0-100.0% | $290K-96.2% | $7.6M+140.6% | $3.2M-88.0% | $26.2M+227.9% | $8.0M |
| Net cash provided by (used in) investing activities | -$27.36B-82.6% | -$14.98B-78.1% | -$8.42B+42.1% | -$14.53B-396.5% | $4.90B-87.9% | $40.35B+295.5% | -$20.64B-2172.3% | -$908.4M+93.8% | -$14.67B |
| Proceeds from repurchase agreements and other secured financing | $7.24T+20.5% | $6.00T+12.2% | $5.35T+49.8% | $3.57T+56.0% | $2.29T-17.6% | $2.78T-49.3% | $5.47T+6.9% | $5.12T+41.9% | $3.61T |
| Payments on repurchase agreements and other secured financing | -$7.22T-20.3% | -$6.00T-12.2% | -$5.35T-49.9% | -$3.57T-55.2% | -$2.30T+18.4% | -$2.82T+48.3% | -$5.45T-6.5% | -$5.12T-42.4% | -$3.59T |
| Proceeds from issuances of securitized debt | $14.59B+41.2% | $10.33B+130.5% | $4.48B-18.1% | $5.47B+47.2% | $3.72B+55.9% | $2.39B-30.7% | $3.44B+274.3% | $920.1M | $0 |
| Principal payments on securitized debt | -$5.07B-111.7% | -$2.39B-153.6% | -$944.2M+23.5% | -$1.23B+28.1% | -$1.72B-38.5% | -$1.24B+39.0% | -$2.03B-46.8% | -$1.38B-35.3% | -$1.02B |
| Payments on purchases of securitized debt | -$485.6M | $0+100.0% | -$2.5M+70.5% | -$8.5M | $0 | $0 | — | — | — |
| Payment of deferred financing cost | -$13.9M-226.2% | -$4.3M-6.2% | -$4.0M | $0+100.0% | -$9.3M-1577.9% | -$553K+95.5% | -$12.2M-1040.7% | -$1.1M+47.8% | -$2.1M |
| Proceeds from participations issued | $7.80B+88.7% | $4.14B+106.0% | $2.01B+5.2% | $1.91B+3.3% | $1.85B+4669.7% | $38.7M | $0 | $0 | — |
| Payments on repurchases of participations issued | -$6.99B-72.4% | -$4.06B-142.2% | -$1.67B+15.2% | -$1.97B-141.1% | -$818.6M | $0 | $0 | — | — |
| Principal payments on participations issued | -$88.9M-94.4% | -$45.7M+13.1% | -$52.6M-3.8% | -$50.7M-117.0% | -$23.4M | $0 | $0 | — | — |
| Net contributions (distributions) from (to) noncontrolling interests | -$43.0M-275.6% | -$11.4M+20.5% | -$14.4M-119.9% | $72.4M+1184.6% | $5.6M-27.4% | $7.8M+783.3% | -$1.1M-17.0% | -$971K+12.0% | -$1.1M |
| Net proceeds from stock offerings, direct purchases and dividend reinvestments | $2.91B+86.8% | $1.56B+131.3% | $673.7M-74.4% | $2.64B+377.4% | $552.2M+46897.0% | $1.2M-99.9% | $1.83B+19.4% | $1.53B-34.7% | $2.35B |
| Settlement of stock-based awards in satisfaction of withholding tax requirements | -$14.2M-130.3% | -$6.2M+7.6% | -$6.7M-62.1% | -$4.1M-45.2% | -$2.8M | $0 | $0 | — | — |
| Dividends paid | -$1.88B-26.0% | -$1.49B+1.6% | -$1.52B+0.1% | -$1.52B-11.7% | -$1.36B+7.9% | -$1.48B+12.6% | -$1.69B-9.6% | -$1.54B-13.9% | -$1.35B |
| Net cash provided by (used in) financing activities | $27.22B+131.7% | $11.75B+99.7% | $5.88B-37.3% | $9.39B+219.2% | -$7.88B+81.0% | -$41.49B-289.0% | $21.96B+3307.9% | -$684.4M-105.6% | $12.20B |
| Net (decrease) increase in cash and cash equivalents | $549.8M+624.6% | $75.9M+146.1% | -$164.6M-170.1% | $234.6M+138.5% | $98.4M+116.2% | -$607.0M-627.9% | $115.0M-88.8% | $1.03B+223.5% | -$833.2M |
| Cash and cash equivalents including cash pledged as collateral, beginning of period | $1.49B+5.4% | $1.41B-10.4% | $1.58B+17.5% | $1.34B+7.9% | $1.24B-32.8% | $1.85B+6.6% | $1.74B+145.7% | $706.6M-54.1% | $1.54B |
| Cash and cash equivalents including cash pledged as collateral, end of period | $2.04B+36.9% | $1.49B+5.4% | $1.41B-10.4% | $1.58B+17.5% | $1.34B+7.9% | $1.24B-32.8% | $1.85B+6.6% | $1.74B+145.7% | $706.6M |
| Interest received | $4.30B+13.7% | $3.78B+15.4% | $3.28B+33.3% | $2.46B-9.0% | $2.70B-26.6% | $3.68B-23.5% | $4.81B+23.5% | $3.89B+13.0% | $3.45B |
| Interest paid (excluding interest paid on interest rate swaps) | $3.45B-10.1% | $3.83B+7.9% | $3.55B+309.8% | $866.8M+221.9% | $269.2M-76.9% | $1.17B-59.8% | $2.90B+68.1% | $1.73B+74.8% | $988.0M |
| Net interest received (paid) on interest rate swaps | $1.13B-31.5% | $1.65B+26.3% | $1.31B+8264.1% | $15.6M+104.6% | -$340.7M-214.9% | $296.6M+191.8% | -$323.0M-16955.3% | -$1.9M-100.5% | $369.7M |
| Taxes received (paid) | $1.2M+171.1% | -$1.7M-252.9% | $1.1M+324.4% | -$492K+87.0% | -$3.8M-350.6% | $1.5M-33.7% | $2.3M+874.2% | -$295K+80.4% | -$1.5M |
| Receivable for unsettled trades | $1.0M-100.0% | $2.20B-18.8% | $2.71B+371.3% | $575.1M+21552.5% | $2.7M-83.3% | $15.9M+232.1% | $4.8M-93.0% | $68.8M+5482.7% | $1.2M |
| Payable for unsettled trades | $2.06B+568.0% | $308.3M-90.5% | $3.25B+180.6% | $1.16B+682.8% | $147.9M-83.3% | $884.1M+90.8% | $463.4M-20.5% | $583.0M-11.2% | $656.6M |
| Net change in unrealized gains (losses) on available-for-sale securities, net of reclassification adjustment | $529.1M+66.5% | $317.7M-86.6% | $2.37B+150.9% | -$4.67B-93.2% | -$2.42B-295.4% | $1.24B-70.0% | $4.12B+582.3% | -$853.8M-2027.9% | -$40.1M |
| Dividends declared, not yet paid | $494.9M+31.6% | $375.9M+15.7% | $325.1M-21.1% | $412.1M+28.3% | $321.1M+4.4% | $307.6M-14.0% | $357.5M-9.3% | $394.1M+13.3% | $347.9M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.