Federal National Mortgage Association
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $14.36B | $16.98B | $17.41B | $12.92B | $22.18B | $11.81B | $14.16B | $15.96B |
| Depreciation & Amortization | $-1.39B | $-1.59B | $-2.54B | $-5.73B | $-10.76B | $-9.19B | $-6.00B | $-5.95B |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $23.99B | $-10.52B | $11.88B | $43.83B | $47.21B | $-72.93B | $-4.75B | $2.25B |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $186.90B | $152.25B | $119.28B | $90.13B | $90.85B | $26.69B | $207.05B | $150.85B |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-206.85B | $-137.17B | $-130.17B | $-154.74B | $-145.05B | $100.47B | $-190.31B | $-163.94B |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — |