January 1, 1970 - FMCCS
Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, plays a crucial role in the US secondary mortgage market. Its financial health is a key indicator of the broader housing market and the overall economy. This analysis delves into Freddie Mac's recent financial data to understand its performance and the challenges it faces.
As of June 18, 2024, Freddie Mac boasts a market capitalization of $3.02 billion, reflecting its significant presence in the mortgage industry.
"Despite a profit margin of 48.65% and an operating margin (TTM) of 61.94%, Freddie Mac's earnings per share (EPS) stand at a modest $0.068. This discrepancy highlights the complexities of its business model, where profitability doesn't directly translate to high per-share earnings."
Examining Freddie Mac's quarterly revenue and net income reveals intriguing trends.