Federal National Mortgage Association
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.96B | $22.26B | $22.76B | $25.86B | $30.42B | $19.54B | $13.79B | $16.04B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.74B | $2.74B | $3.05B | $2.78B | $2.55B | $2.37B | $2.37B | $2.60B |
| Operating Income | $107.57B | $103.06B | $104.24B | $115.59B | $133.71B | $124.91B | $106.72B | $123.76B |
| Operating Margin | 468.5% | 463.0% | 458.1% | 447.1% | 439.6% | 639.2% | 773.9% | 771.7% |
| Interest Expense | $89.12B | $84.73B | $88.03B | $94.44B | $95.15B | $107.69B | $123.66B | $137.86B |
| Pretax Income | $18.45B | $18.33B | $16.21B | $21.15B | $38.57B | $17.22B | $-16.95B | $-14.10B |
| Income Tax Expense | $15.98B | $6.02B | $5.25B | $6.94B | $-45.42B | $0 | $-90.0M | — |
| Net Income | $2.46B | $12.31B | $10.95B | $14.21B | $83.96B | $17.22B | $-16.86B | $-14.01B |
| Net Margin | 10.7% | 55.3% | 48.1% | 55.0% | 276.0% | 88.1% | -122.2% | -87.4% |
| EPS (Basic) | $-1.12 | $0.01 | $-0.05 | $-0.19 | $-0.25 | $0.24 | $-4.61 | $-3.81 |
| EPS (Diluted) | $-1.12 | $0.01 | $-0.05 | $-0.19 | $-0.25 | $0.24 | $-4.61 | $-3.81 |
| Shares Outstanding (Basic) | 5.76B | 5.76B | 5.76B | 5.76B | 5.76B | 5.76B | 5.74B | 5.69B |
| Shares Outstanding (Diluted) | 5.76B | 5.89B | 5.76B | 5.76B | 5.76B | 5.89B | 5.74B | 5.69B |
| Dividends Per Share | — | — | — | — | — | — | — | — |