
MFA Financial Inc
NYSE:MFA

Income Statement
Earnings Waterfall
MFA Financial Inc
Revenue
|
806.3m
USD
|
Cost of Revenue
|
-521.2m
USD
|
Gross Profit
|
285m
USD
|
Operating Expenses
|
-168.5m
USD
|
Operating Income
|
116.6m
USD
|
Other Expenses
|
-30.6m
USD
|
Net Income
|
85.9m
USD
|
Income Statement
MFA Financial Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
518
N/A
|
529
+2%
|
533
+1%
|
540
+1%
|
543
+1%
|
545
+0%
|
552
+1%
|
562
+2%
|
567
+1%
|
572
+1%
|
577
+1%
|
565
-2%
|
591
+5%
|
598
+1%
|
593
-1%
|
625
+5%
|
615
-2%
|
656
+7%
|
715
+9%
|
754
+6%
|
808
+7%
|
390
-52%
|
357
-9%
|
295
-17%
|
178
-40%
|
519
+191%
|
450
-13%
|
466
+3%
|
448
-4%
|
308
-31%
|
236
-23%
|
121
-49%
|
171
+42%
|
399
+133%
|
479
+20%
|
535
+12%
|
662
+24%
|
621
-6%
|
927
+49%
|
1 050
+13%
|
806
-23%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(160)
|
(163)
|
(165)
|
(169)
|
(177)
|
(181)
|
(186)
|
(190)
|
(193)
|
(196)
|
(197)
|
(199)
|
(197)
|
(197)
|
(200)
|
(210)
|
(232)
|
(261)
|
(294)
|
(321)
|
(332)
|
(337)
|
(340)
|
(310)
|
(269)
|
(215)
|
(153)
|
(126)
|
(120)
|
(134)
|
(165)
|
(207)
|
(259)
|
(308)
|
(351)
|
(393)
|
(429)
|
(465)
|
(628)
|
(646)
|
(521)
|
|
Gross Profit |
358
N/A
|
367
+2%
|
367
+0%
|
371
+1%
|
366
-1%
|
364
-1%
|
367
+1%
|
373
+2%
|
373
+0%
|
376
+1%
|
380
+1%
|
366
-4%
|
394
+8%
|
400
+2%
|
393
-2%
|
415
+6%
|
383
-8%
|
395
+3%
|
421
+7%
|
433
+3%
|
475
+10%
|
53
-89%
|
17
-68%
|
(15)
N/A
|
(90)
-495%
|
304
N/A
|
297
-2%
|
340
+14%
|
328
-4%
|
175
-47%
|
71
-59%
|
(87)
N/A
|
(88)
-2%
|
91
N/A
|
127
+41%
|
142
+11%
|
233
+64%
|
156
-33%
|
300
+92%
|
404
+35%
|
285
-29%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(45)
|
(47)
|
(48)
|
(51)
|
(53)
|
(55)
|
(57)
|
(59)
|
(60)
|
(62)
|
(65)
|
(71)
|
(72)
|
(73)
|
(75)
|
(74)
|
(80)
|
(87)
|
(90)
|
(94)
|
(97)
|
(248)
|
(164)
|
(140)
|
(119)
|
56
|
(19)
|
(42)
|
(78)
|
(117)
|
(179)
|
(199)
|
(191)
|
(194)
|
(160)
|
(160)
|
(159)
|
(164)
|
(209)
|
(206)
|
(168)
|
|
Selling, General & Administrative |
(42)
|
(42)
|
(42)
|
(42)
|
(42)
|
(43)
|
(44)
|
(45)
|
(46)
|
(46)
|
(48)
|
(52)
|
(50)
|
(48)
|
(48)
|
(44)
|
(46)
|
(49)
|
(50)
|
(52)
|
(53)
|
(53)
|
(55)
|
(61)
|
(57)
|
(58)
|
(59)
|
(66)
|
(86)
|
(99)
|
(112)
|
(117)
|
(113)
|
(115)
|
(119)
|
(123)
|
(130)
|
(136)
|
(174)
|
(173)
|
(132)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(7)
|
(10)
|
(13)
|
(11)
|
(9)
|
(7)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
|
Other Operating Expenses |
(3)
|
(5)
|
(6)
|
(9)
|
(10)
|
(12)
|
(13)
|
(14)
|
(14)
|
(16)
|
(17)
|
(19)
|
(22)
|
(25)
|
(29)
|
(31)
|
(34)
|
(38)
|
(40)
|
(42)
|
(45)
|
(195)
|
(109)
|
(79)
|
(63)
|
115
|
41
|
27
|
14
|
(8)
|
(55)
|
(71)
|
(69)
|
(71)
|
(36)
|
(32)
|
(25)
|
(23)
|
(31)
|
(30)
|
(33)
|
|
Operating Income |
313
N/A
|
320
+2%
|
319
0%
|
320
+0%
|
314
-2%
|
310
-1%
|
310
+0%
|
314
+1%
|
313
0%
|
314
+0%
|
315
+0%
|
295
-6%
|
322
+9%
|
328
+2%
|
318
-3%
|
342
+7%
|
303
-11%
|
309
+2%
|
331
+7%
|
340
+3%
|
378
+11%
|
(196)
N/A
|
(147)
+25%
|
(155)
-6%
|
(210)
-35%
|
361
N/A
|
279
-23%
|
297
+7%
|
250
-16%
|
58
-77%
|
(108)
N/A
|
(285)
-164%
|
(279)
+2%
|
(103)
+63%
|
(32)
+69%
|
(18)
+45%
|
73
N/A
|
(8)
N/A
|
91
N/A
|
197
+117%
|
117
-41%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
|
Non-Reccuring Items |
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(424)
|
(469)
|
(470)
|
(470)
|
(45)
|
7
|
33
|
79
|
103
|
102
|
91
|
47
|
28
|
31
|
15
|
7
|
39
|
33
|
33
|
3
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
314
N/A
|
320
+2%
|
319
0%
|
320
+0%
|
313
-2%
|
309
-1%
|
310
+0%
|
314
+1%
|
313
0%
|
313
N/A
|
314
+0%
|
294
-6%
|
322
+10%
|
328
+2%
|
318
-3%
|
342
+7%
|
302
-12%
|
307
+2%
|
330
+7%
|
338
+3%
|
378
+12%
|
(620)
N/A
|
(616)
+1%
|
(625)
-1%
|
(679)
-9%
|
315
N/A
|
285
-9%
|
331
+16%
|
329
0%
|
160
-51%
|
(7)
N/A
|
(194)
-2 799%
|
(232)
-19%
|
(76)
+67%
|
(1)
+98%
|
(3)
-100%
|
80
N/A
|
32
-61%
|
124
+292%
|
230
+85%
|
120
-48%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(4)
|
(0)
|
|
Income from Continuing Operations |
314
|
320
|
319
|
320
|
313
|
309
|
310
|
314
|
313
|
313
|
314
|
294
|
322
|
328
|
318
|
342
|
302
|
307
|
330
|
338
|
378
|
(620)
|
(616)
|
(625)
|
(679)
|
315
|
285
|
331
|
329
|
160
|
(7)
|
(194)
|
(232)
|
(76)
|
(1)
|
(3)
|
80
|
31
|
122
|
226
|
119
|
|
Net Income (Common) |
298
N/A
|
303
+2%
|
303
0%
|
303
+0%
|
297
-2%
|
293
-1%
|
294
+1%
|
298
+1%
|
296
-1%
|
296
+0%
|
296
+0%
|
277
-7%
|
307
+11%
|
311
+2%
|
302
-3%
|
325
+8%
|
286
-12%
|
291
+2%
|
314
+8%
|
322
+3%
|
362
+12%
|
(637)
N/A
|
(637)
0%
|
(650)
-2%
|
(709)
-9%
|
282
N/A
|
252
-11%
|
297
+18%
|
295
-1%
|
127
-57%
|
(40)
N/A
|
(228)
-464%
|
(265)
-16%
|
(109)
+59%
|
(35)
+68%
|
(36)
-4%
|
47
N/A
|
(2)
N/A
|
80
N/A
|
185
+130%
|
86
-54%
|
|
EPS (Diluted) |
3.22
N/A
|
3.28
+2%
|
3.27
0%
|
3.27
N/A
|
3.19
-2%
|
3.16
-1%
|
3.1
-2%
|
3.21
+4%
|
3.19
-1%
|
3.19
N/A
|
3.06
-4%
|
2.78
-9%
|
3.16
+14%
|
3.12
-1%
|
2.72
-13%
|
3.03
+11%
|
2.73
-10%
|
2.54
-7%
|
2.55
+0%
|
2.68
+5%
|
3.09
+15%
|
-5.61
N/A
|
-5.56
+1%
|
-5.26
+5%
|
-6.28
-19%
|
2.34
N/A
|
2.12
-9%
|
2.5
+18%
|
2.48
-1%
|
1.18
-52%
|
-0.39
N/A
|
-2.23
-472%
|
-2.57
-15%
|
-1.07
+58%
|
-0.34
+68%
|
-0.36
-6%
|
0.46
N/A
|
-0.02
N/A
|
0.75
N/A
|
1.73
+131%
|
0.82
-53%
|