Mfa Financial annual return on equity
2009
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2024
2025
Mfa Financial Return on Equity (ROE) Growth & History (MFA)
Mfa Financial's return on equity was 9.64% for fiscal 2025.
View full Mfa Financial company overviewMfa Financial annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 9.64% | +3.26 pp |
| 2024 | 2024-12-31 | 6.37% | +2.25 pp |
| 2023 | 2023-12-31 | 4.12% | +14.34 pp |
| 2022 | 2022-12-31 | −10.22% | −23.20 pp |
| 2021 | 2021-12-31 | 12.98% | +35.98 pp |
| 2020 | 2020-12-31 | −23.00% | −34.12 pp |
| 2019 | 2019-12-31 | 11.12% | +2.08 pp |
| 2018 | 2018-12-31 | 9.04% | −1.20 pp |
| 2017 | 2017-12-31 | 10.24% | −0.18 pp |
| 2016 | 2016-12-31 | 10.42% | +0.27 pp |
| 2015 | 2015-12-31 | 10.15% | +0.27 pp |
| 2014 | 2014-12-31 | 9.88% | +0.50 pp |
| 2013 | 2013-12-31 | 9.38% | −1.18 pp |
| 2012 | 2012-12-31 | 10.56% | −2.76 pp |
| 2011 | 2011-12-31 | 13.33% | +1.12 pp |
| 2010 | 2010-12-31 | 12.21% | −3.45 pp |
| 2009 | 2009-12-31 | 15.66% | — |
Mfa Financial quarterly return on equity
Q2.10
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Q4.10
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Q3.13
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Q3.17
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Q3.18
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Q4.21
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Q2.22
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Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.63% | +0.82 pp |
| Q1 2026 | 2026-03-31 | −0.05% | −2.29 pp |
| Q4 2025 | 2025-12-31 | 2.98% | +2.66 pp |
| Q3 2025 | 2025-09-30 | 2.64% | +0.08 pp |
| Q2 2025 | 2025-06-30 | 1.81% | −0.41 pp |
| Q1 2025 | 2025-03-31 | 2.24% | +1.01 pp |
| Q4 2024 | 2024-12-31 | 0.32% | −4.47 pp |
| Q3 2024 | 2024-09-30 | 2.56% | +5.54 pp |
| Q2 2024 | 2024-06-30 | 2.23% | +3.54 pp |
| Q1 2024 | 2024-03-31 | 1.23% | −2.41 pp |
| Q4 2023 | 2023-12-31 | 4.79% | +4.45 pp |
| Q3 2023 | 2023-09-30 | −2.98% | −0.34 pp |
| Q2 2023 | 2023-06-30 | −1.31% | +3.16 pp |
| Q1 2023 | 2023-03-31 | 3.63% | +7.02 pp |
| Q4 2022 | 2022-12-31 | 0.33% | −1.38 pp |
| Q3 2022 | 2022-09-30 | −2.63% | −7.80 pp |
| Q2 2022 | 2022-06-30 | −4.47% | −7.10 pp |
| Q1 2022 | 2022-03-31 | −3.39% | −6.77 pp |
| Q4 2021 | 2021-12-31 | 1.72% | −0.08 pp |
| Q3 2021 | 2021-09-30 | 5.17% | +1.74 pp |
| Q2 2021 | 2021-06-30 | 2.63% | −1.26 pp |
| Q1 2021 | 2021-03-31 | 3.38% | +34.59 pp |
| Q4 2020 | 2020-12-31 | 1.80% | −1.16 pp |
| Q3 2020 | 2020-09-30 | 3.43% | +0.62 pp |
| Q2 2020 | 2020-06-30 | 3.89% | +1.16 pp |
| Q1 2020 | 2020-03-31 | −31.21% | −33.82 pp |
| Q4 2019 | 2019-12-31 | 2.96% | +1.22 pp |
| Q3 2019 | 2019-09-30 | 2.81% | +0.23 pp |
| Q2 2019 | 2019-06-30 | 2.73% | +0.55 pp |
| Q1 2019 | 2019-03-31 | 2.61% | +0.04 pp |
| Q4 2018 | 2018-12-31 | 1.75% | −1.34 pp |
| Q3 2018 | 2018-09-30 | 2.58% | +0.62 pp |
| Q2 2018 | 2018-06-30 | 2.19% | −0.34 pp |
| Q1 2018 | 2018-03-31 | 2.57% | +0.00 pp |
| Q4 2017 | 2017-12-31 | 3.09% | +0.69 pp |
| Q3 2017 | 2017-09-30 | 1.95% | −0.82 pp |
| Q2 2017 | 2017-06-30 | 2.53% | −0.19 pp |
| Q1 2017 | 2017-03-31 | 2.56% | −0.12 pp |
| Q4 2016 | 2016-12-31 | 2.39% | −0.05 pp |
| Q3 2016 | 2016-09-30 | 2.78% | +0.21 pp |
| Q2 2016 | 2016-06-30 | 2.72% | +0.26 pp |
| Q1 2016 | 2016-03-31 | 2.68% | +0.12 pp |
| Q4 2015 | 2015-12-31 | 2.44% | −0.03 pp |
| Q3 2015 | 2015-09-30 | 2.57% | +0.15 pp |
| Q2 2015 | 2015-06-30 | 2.46% | +0.03 pp |
| Q1 2015 | 2015-03-31 | 2.56% | +0.16 pp |
| Q4 2014 | 2014-12-31 | 2.47% | −0.06 pp |
| Q3 2014 | 2014-09-30 | 2.42% | +0.13 pp |
| Q2 2014 | 2014-06-30 | 2.43% | +0.08 pp |
| Q1 2014 | 2014-03-31 | 2.40% | +0.05 pp |
| Q4 2013 | 2013-12-31 | 2.53% | +0.41 pp |
| Q3 2013 | 2013-09-30 | 2.29% | −0.32 pp |
| Q2 2013 | 2013-06-30 | 2.35% | −0.36 pp |
| Q1 2013 | 2013-03-31 | 2.35% | −0.87 pp |
| Q4 2012 | 2012-12-31 | 2.11% | −0.63 pp |
| Q3 2012 | 2012-09-30 | 2.61% | −0.49 pp |
| Q2 2012 | 2012-06-30 | 2.71% | −0.10 pp |
| Q1 2012 | 2012-03-31 | 3.22% | −0.01 pp |
| Q4 2011 | 2011-12-31 | 2.75% | +0.03 pp |
| Q3 2011 | 2011-09-30 | 3.10% | −0.32 pp |
| Q2 2011 | 2011-06-30 | 2.81% | +0.61 pp |
| Q1 2011 | 2011-03-31 | 3.23% | — |
| Q4 2010 | 2010-12-31 | 2.71% | — |
| Q3 2010 | 2010-09-30 | 3.42% | — |
| Q2 2010 | 2010-06-30 | 2.20% | — |
Mfa Financial return on equity trends
Over the last five fiscal years, Mfa Financial's return on equity increased from −23.00% to 9.64%, a change of +32.63 percentage points. The latest reported quarter, Q2 2026, shows 2.63%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mfa Financial source filings ↗