Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company purchases single-family and multifamily residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates through two segments, Single-family and Multifamily. The Single-family segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit risk, as well as manages mortgage-related investments portfolio, single-family securitization activities, and treasury functions. This segment serves mortgage banking companies, commercial banks, regional banks, community banks, credit unions, housing finance agencies, savings institutions, and non-depository financial institutions. The Multifamily segment engages in the purchase, sale, securitization, and guarantee of multifamily loans and securities through the issuance of multifamily K and SB certificates; issuing and guarantying other securitization products; issuing other credit risk transfer products; and provision of other mortgage-related guarantees. It serves banks and other depository institutions, insurance companies, money managers, central banks, pension funds, state and local governments, real estate investment trusts, brokers and dealers, and a range of lenders. The company was founded in 1970 and is headquartered in McLean, Virginia.
Revenue of Federal Home Loan Mortgage Corporation (FMCCT)
Revenue in 2023 (TTM): $21.23 B
According to Federal Home Loan Mortgage Corporation's latest financial reports the company's current revenue (TTM) is $21.23 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Federal Home Loan Mortgage Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $21.23 B | $21.23 B | $ | $13.2 B | $10.54 B |
| 2022 | $21.26 B | $21.26 B | $77.06 B | $11.6 B | $9.33 B |
| 2021 | $21.95 B | $21.95 B | $15.2 B | $15.2 B | $12.11 B |
| 2020 | $16.66 B | $16.66 B | $9.23 B | $9.23 B | $7.33 B |
| 2019 | $14.08 B | $14.08 B | $9.05 B | $9.05 B | $7.21 B |
| 2018 | $15.57 B | $15.57 B | $69.51 B | $11.47 B | $9.24 B |
| 2017 | $20.69 B | $20.69 B | $70.48 B | $16.83 B | $5.63 B |
| 2016 | $15.09 B | $15.09 B | $62.43 B | $11.64 B | $7.82 B |
| 2015 | $11.59 B | $11.59 B | $61.42 B | $9.27 B | $6.38 B |
| 2014 | $14.37 B | $14.37 B | $66.22 B | $11 B | $7.69 B |
| 2013 | $24.28 B | $24.28 B | $81.6 B | $25.36 B | $48.67 B |
| 2012 | $13.27 B | $13.27 B | $67.43 B | $9.45 B | $10.98 B |
| 2011 | $10.04 B | $10.04 B | $75.08 B | $-5,666,000,000 | $-5,266,000,000 |
| 2010 | $9.74 B | $9.74 B | $78.22 B | $-14,882,000,000 | $-14,025,000,000 |
| 2009 | $25.16 B | $25.16 B | $890 M | $-22,384,000,000 | $-21,553,000,000 |
| 2008 | $16.23 B | $16.23 B | $ | $-44,569,000,000 | $-50,119,000,000 |
| 2007 | $3.29 B | $3.29 B | $43.13 B | $-5,977,000,000 | $-3,094,000,000 |
| 2006 | $5.15 B | $5.15 B | $51.11 B | $2.1 B | $2.21 B |
| 2005 | $5.57 B | $5.57 B | $43.46 B | $2.56 B | $2.13 B |
| 2004 | $6.1 B | $6.1 B | $36.88 B | $3.73 B | $2.94 B |
| 2003 | $10.33 B | $10.33 B | $ | $7.02 B | $4.82 B |
| 2002 | $16.67 B | $16.67 B | $ | $14.8 B | $10.09 B |
| 2001 | $7.37 B | $7.37 B | $8.46 B | $6.3 B | $4.15 B |
| 2000 | $4.46 B | $4.46 B | $12.95 B | $3.53 B | $2.55 B |
| 1999 | $4.06 B | $4.06 B | $ | $3.16 B | $2.22 B |
| 1998 | $3.34 B | $3.34 B | $ | $2.36 B | $1.7 B |
| 1997 | $3.28 B | $3.28 B | $ | $1.96 B | $1.4 B |
| 1996 | $2.88 B | $2.88 B | $ | $1.8 B | $1.24 B |
| 1995 | $2.52 B | $2.52 B | $ | $1.59 B | $1.09 B |
| 1994 | $2.29 B | $2.29 B | $ | $1.48 B | $983 M |
| 1993 | $1.89 B | $1.89 B | $ | $1.13 B | $786 M |
| 1992 | $1.7 B | $1.7 B | $ | $901 M | $622 M |
| 1991 | $1.52 B | $1.52 B | $ | $800 M | $555 M |
| 1990 | $1.31 B | $1.31 B | $ | $587 M | $414 M |