Stocks · Real estate · Real Estate Investment Trusts

MFA FINANCIAL, INC.

MFA Clue Score51
United States Fiscal year ends December CIK 0001055160
$6.88 -4.18% Close, 9 Oct 2026
Price $6.88 +48.28% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
Net income
Fiscal year 2016Net income0.31Fiscal year 2017Net income0.32 +3.1%EPS, diluted0.79Fiscal year 2018Net income0.30 −6.4%EPS, diluted0.68Fiscal year 2019Net income0.38 +25.3%EPS, diluted0.79Fiscal year 2020Net income−0.68 −279.7%EPS, diluted−6.28Fiscal year 2021Net income0.33EPS, diluted2.63Fiscal year 2022Net income−0.23 −170.4%EPS, diluted−2.57Fiscal year 2023Net income0.08EPS, diluted0.46Fiscal year 2024Net income0.12 +48.8%EPS, diluted0.82Fiscal year 2025Net income0.18 +48.2%EPS, diluted1.30
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income 0.31 0.32 0.30 0.38 −0.68 0.33 −0.23 0.08 0.12 0.18
Growth +3.1% −6.4% +25.3% −279.7% −170.4% +48.8% +48.2%
EPS, diluted n/a 0.79 0.68 0.79 −6.28 2.63 −2.57 0.46 0.82 1.30

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.18Capital expenditure−0.00Free cash flow0.18Dividends paid−0.30Fiscal year 2017Operating cash flow0.18Capital expenditure−0.00Free cash flow0.18 −1.7%Dividends paid−0.31Fiscal year 2018Operating cash flow0.15Capital expenditure−0.00Free cash flow0.15 −16.4%Buybacks0.00Dividends paid−0.33Fiscal year 2019Operating cash flow0.22Capital expenditure−0.00Free cash flow0.21 +45.8%Buybacks0.00Dividends paid−0.36Fiscal year 2020Operating cash flow0.04Capital expenditure−0.00Free cash flow0.03 −84.3%Buybacks−0.05Dividends paid−0.11Fiscal year 2021Operating cash flow0.14Capital expenditure−0.01Free cash flow0.13 +275.0%Buybacks−0.09Dividends paid−0.16Fiscal year 2022Operating cash flow0.36Capital expenditure−0.00Free cash flow0.36 +182.3%Buybacks−0.10Dividends paid−0.18Fiscal year 2023Operating cash flow0.11Buybacks0.00Dividends paid−0.14Fiscal year 2024Operating cash flow0.20Buybacks−0.00Dividends paid−0.14Fiscal year 2025Operating cash flow0.08Buybacks−0.02Dividends paid−0.15
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.18 0.18 0.15 0.22 0.04 0.14 0.36 0.11 0.20 0.08
Capital expenditure −0.00 −0.00 −0.00 −0.00 −0.00 −0.01 −0.00 n/a n/a n/a
Free cash flow 0.18 0.18 0.15 0.21 0.03 0.13 0.36 n/a n/a n/a
Growth −1.7% −16.4% +45.8% −84.3% +275.0% +182.3%
Buybacks n/a n/a 0.00 0.00 −0.05 −0.09 −0.10 0.00 −0.00 −0.02
Dividends paid −0.30 −0.31 −0.33 −0.36 −0.11 −0.16 −0.18 −0.14 −0.14 −0.15

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash0.26Shareholders’ equity3.03Fiscal year 2017Cash0.45Shareholders’ equity3.26Fiscal year 2018Cash0.05Shareholders’ equity3.42Fiscal year 2019Cash0.07Shareholders’ equity3.38Fiscal year 2020Cash0.81Shareholders’ equity2.52Fiscal year 2021Cash0.30Shareholders’ equity2.54Fiscal year 2022Cash0.33Shareholders’ equity1.99Fiscal year 2023Cash0.32Shareholders’ equity1.90Fiscal year 2024Cash0.34Shareholders’ equity1.84Fiscal year 2025Cash0.21Shareholders’ equity1.83
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.26 0.45 0.05 0.07 0.81 0.30 0.33 0.32 0.34 0.21
Shareholders’ equity 3.03 3.26 3.42 3.38 2.52 2.54 1.99 1.90 1.84 1.83

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020† 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
n/a n/a n/a n/a n/a 0.09 0.11 n/a n/a n/a
n/a n/a n/a n/a n/a n/a −0.23 0.08 0.12 0.18
0.00 0.00 0.00 0.00 0.00 0.00 −0.00 0.00 0.00 −0.00
0.31 0.32 0.30 0.38 −0.68 0.33 −0.23 0.08 0.12 0.18
Growth +3.1% −6.4% +25.3% −279.7% −170.4% +48.8% +48.2%
Per share
n/a 0.79 0.68 0.80 −6.28 2.66 −2.57 0.46 0.83 1.31
n/a 0.79 0.68 0.79 −6.28 2.63 −2.57 0.46 0.82 1.30
Growth −13.9% +16.2% −894.9% −197.7% +78.3% +58.5%
n/a 388.4 418.9 451.0 113.0 110.7 103.2 102.2 103.5 103.6
n/a 388.4 418.9 467.8 113.0 118.7 103.2 103.6 105.1 104.0
Growth +7.9% +11.7% −75.8% +5.0% −13.1% +0.4% +1.5% −1.1%

† The diluted share count jumps at 2020, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 2 of 10 years on file.