This ranking evaluates how Fortune 500 companies are deploying AI, and how technology leaders value those investments relative to industry peers.

Fortune AIQ 75

The companies on the Global 500 employ 70.2 million people, and their revenue represents more than one-third of the world’s GDP.

Fortune Global 500

With a combined revenue of $21 trillion and $2.1 trillion in profits, the 2026 Fortune 500 is the definitive list of America's largest companies.

Fortune 500

The corporations on our annual list of the world's 500 largest companies combined to generate $41.7 trillion in revenue over the past year.

Almost $20 trillion in revenue—and a record-breaking $1.87 trillion in profits. Introducing the 2025 Fortune 500, the definitive list of the biggest companies in America.

The corporations on our annual list posted aggregate revenues of $41 trillion for the second year in a row.

Industries included in the sector are banks, insurance, and real estate companies.

Fortune Sector Leaders: Financials

The Fortune 500, in its 70th year in 2024, ranks the biggest U.S. companies by revenue.

The corporations on our annual list of the world’s largest companies delivered a record $41 trillion in aggregate revenues.

The Fortune 500, in its 69th year in 2023, ranks the biggest U.S. companies by revenue.

F500-2023-045-Freddie-Mac

Freddie Mac, shorthand for the Federal Home Loan Mortgage Corp., jumped 11 spots on this year’s Fortune 500. The government-backed enterprise provides liquidity to the housing market through its purchase of home mortgages from small banks and credit unions, among other lenders. From there, Freddie Mac (like Fannie Mae) holds on to these mortgages or packages the loans into mortgage-backed securities that can be sold. 
<ul> 
 	<li>Freddie Mac raked in $86.7 billion in revenue in 2022, a nearly 32% increase from the previous year.</li> 
 	<li>The company had a shaky start to 2023: In the first quarter, it reported revenue of $4.8 billion, down 17% year over year, and net income of $2 billion, which represents a 47% decline from 2021. Overall, its new business activity in the first quarter of 2023 was down 72% year over year, as higher mortgage rates slowed home sales and refinancing.</li> 
 	<li>In 2022, Freddie Mac financed 1.8 million mortgages (with 58% of eligible loans affordable for low- and moderate-income families) and 693,000 rental units (with 96% of eligible units affordable for low- and moderate-income families).</li> 
</ul>

Aggregate sales hit $37.8 trillion last year—an increase of 19%, the highest annual growth rate in the list’s history.

This year’s Fortune 500 marks the 68th running of the list.

F500 2022-Freddie Mac

The government-backed mortgage provider had an eventful year as the U.S. housing market entered uncharted territory in 2021. Between a historically low inventory of homes for sale and soaring demand, Freddie Mac—which buys and securitizes mortgages issued by commercial lenders—was still able to help nearly 5 million families buy, refinance, or rent their homes in 2021, helping keep interest rates lower.

Total revenue for the world’s biggest companies fell 4.8% to $31.7 trillion this year—the first decline in half a decade.

G500 141 Freddie Mac

<span data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Like its sister government-backed entity, Fannie Mae, Freddie Mac played a major role in ensuring the U.S. housing market continued to function amid an unprecedented pandemic. The company provided approximately $1.2 trillion in liquidity to the mortgage market in 2020, in the process financing nearly 3.8 million single-family home loans—including 2.7 million refinancings that enabled homeowners to capitalize on record-low interest rates. While the pandemic contributed to a nearly 12% drop in Freddie’s revenues last year, profits remained resilient and climbed nearly 2% in 2020.&quot;}" data-sheets-userformat="{&quot;2&quot;:12673,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:11}">Like its sister government-backed entity, Fannie Mae, Freddie Mac played a major role in ensuring the U.S. housing market continued to function amid an unprecedented pandemic. The company provided approximately $1.2 trillion in liquidity to the mortgage market in 2020, in the process financing nearly 3.8 million single-family home loans—including 2.7 million refinancings that enabled homeowners to capitalize on record-low interest rates. While the pandemic contributed to a nearly 12% drop in Freddie’s revenues last year, profits remained resilient and climbed nearly 2% in 2020.

This year’s Fortune 500 marks the 67th running of the list.

F500-2021-47-FreddieMac

This year's Fortune Global 500 generated $33.3 trillion in revenues and $2.1 trillion in profits.

G500-2020-125-Freddia-Mac

Like Fannie Mae, Freddie Mac is still government controlled. Also like Fannie, it saw a steep decline in profits last year, which were down 22%, even as the lender's top line grew more than 2%. The financials don’t tell the whole story, however. Freddie plays an outsized role in helping millions of Americans own or rent a home, providing nearly $558 billion in liquidity to the mortgage market last year. In 2019, it served nearly 95% of all single-family home lenders in the country—and it's seeing growth with younger families and couples. First-time home buyers represented nearly half of Freddie’s new single-family purchase loans last year.

This year's Fortune 500 marks the 66th running of the list.

F500-2020-041-Freddie-Mac

This year's Fortune Global 500 generated $27.7 trillion in revenues and $1.5 trillion in profits.

This year's Fortune 500 marks the 65th running of the list.

This year's Fortune 500 marks the 64th running of the list.

This year's Fortune 500 marks the 63rd running of the list.

This year's Fortune Global 500 generated $27.6 trillion in revenues and $1.5 trillion in profits.

This year's Fortune 500 marks the 62nd running of the list.

The world's 500 largest companies generated $31.2 trillion in revenues and $1.7 trillion in profits in 2014. Together, this year's Fortune Global 500 employ 65 million people worldwide and are represented by 36 countries.

This year's Fortune 500 marks the 61st running of the list. Wal-Mart claims the top spot again. See who made the list.

Global business is back. After limping through a worldwide financial crisis and economic slowdown, the 500 largest companies ranked by revenues shattered all sorts of performance records in 2013: They racked up combined revenues of $31.1 trillion, up 2.5% from 2012, and profits soared 27% to nearly $2 trillion. China’s 95 companies (up from 89 last year) posted $5.8 trillion in revenues. The U.S. has four fewer companies on the list than last year but remains (for now) the country leader, with 128 corporations on the list—including No. 1 Wal-Mart Stores—reporting $8.6 trillion in revenues. 

Wal-Mart stayed on top as its sales crept closer to half-a-trillion dollars. Apple moved into the top five. And UnitedHealth Group continued its steady climb. 

Key Financials (last Fiscal Year)

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Freddie Mac is a government-backed enterprise established to provide the U.S. housing market with liquidity, stability, and affordability. It pools mortgages that it buys from lenders and sells them to investors as mortgage-backed securities. This process increases the funds available for mortgage lending, which in turn supports new home purchases. Freddie Mac provides competition to—and serves a similar purpose as—Fannie Mae.

Q2 2026

Q1 2026

Q4 2025

Q3 2025

Q2 2025

Q1 2025

Q4 2024

Freddie Mac (FMCC): Company Profile, Stock Price, News, Rankings

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Freddie Mac

freddie mac

Good morning, and thank you for joining us for a presentation of Freddie Mac's Second Quarter twenty twenty five Financial Results. I'm Jeff Markowitz, Senior Vice President and Chief External Affairs Officer. We're joined today by Executive Vice President and Chief Financial Officer, Jim Whitlinger. Before we begin, we'd like to point out that during the call, Mr. Wittlinger may make forward looking statements based on assumptions about the company's key business drivers and other factors.

Changes in these factors could cause the company's actual results to materially vary from its expectations. A description of those factors can be found in the company's quarterly report on Form 10 Q filed today. You'll find the 10 Q, earnings press release and related materials posted on the Investor Relations section of freddiemac.com. This call is recorded and a replay will soon be available on freddiemac.com. We ask that the call not be rebroadcast or transcribed.

With that, I'll turn the call over to Freddie Mac's CFO, Jim Whitlinger.

Good morning, and thank you for joining our call to review Freddie Mac's second quarter performance. We'll begin with the bottom line. Second quarter net income of $2,400,000,000 drove our company's net worth to $65,000,000,000 at quarter end. The total mortgage portfolio at end of second quarter stands at $3,600,000,000,000 and we provided more than $100,000,000,000 of liquidity to The U. S.

Housing finance system. Those dollars helped make home possible for more than 360,000 American families in the second quarter alone. Many of those families qualified for a mortgage for the first time. In fact, of the 206,000 homebuyers we helped in the quarter, more than 100,000 purchased their very first home. And most of the houses and apartments we helped finance were within reach for middle class families.

53% of the single family homes and 95% of eligible rental units we financed were affordable to low and moderate income households. Now let's look at the details of our quarterly financial performance. As I mentioned earlier, we earned net income of $2,400,000,000 this quarter, a decrease of $378,000,000 or 14% year over year. This decrease was primarily driven by higher provision for credit losses in both of our business segments. The higher provision taken this quarter was due to modeled and observed house price declines and lower forecasted house price appreciation.

Second quarter net interest income was $5,300,000,000 up $371,000,000 or 8% year over year. This increase was driven by continued growth in the mortgage portfolio, which grew 2% year over year and lower funding costs, partially offset by lower yields on short term investments. Our noninterest income of $617,000,000 for the second quarter declined $443,000,000 or 42% from the prior year quarter. This was primarily due to lower investment gains in our multifamily business. As noted, our provision for credit losses increased this quarter to $783,000,000 The provision for credit losses was $394,000,000 in the prior year quarter, mainly attributable to new acquisitions in the single family business.

Our total mortgage portfolio at the end of the quarter was $3,600,000,000,000 a 2% increase year over year. Turning to our individual business segments, the single family business reported net income of $2,100,000,000 for the quarter, down $192,000,000 or 8% year over year. Single family net revenues of $5,100,000,000 increased slightly by $41,000,000 or 1% from the prior year quarter. This increase was primarily driven by a $263,000,000 or 6% increase in net interest income. Net interest income benefited from continued growth in our single family mortgage portfolio and lower funding costs, partially offset by lower yields on short term investments.

Noninterest income of $237,000,000 declined by $222,000,000 or 48% from the prior year quarter. This decline was primarily driven by impacts from interest rate risk management activities. Our provision for single family credit losses was an expense of $622,000,000 this quarter, primarily due to a credit reserve build driven by modeled and observed house price declines, lower forecasted house price appreciation and provision on new originations under CECL recognition as we continue to grow our single family portfolio. The provision in the prior year quarter was an expense of $315,000,000 which was primarily attributable to new acquisitions in the quarter. Our modeled observed house prices declined 0.6% this quarter.

Our current house price forecast assumes an increase of 1.3% over the next twelve months and 0.4% over the subsequent twelve months. This is a change from our forecast at the end of last quarter, which assumed 4.2% growth over the next twelve months and 2.8% growth over the subsequent twelve months. The single family allowance for credit losses at the end of the quarter was $7,500,000,000 This translated to an allowance for credit losses coverage ratio of 23 basis points, up from 21 basis points at the end of the year 2024 and as of the prior quarter. The single family serious delinquency rate declined four basis points quarter over quarter from 59 to 55 basis points. Year over year, the delinquency rate increased five basis points from 50 to 55 basis points.

This was primarily driven by a higher serious delinquency rate for loans originated during 2022 and later, as well as lingering impacts from hurricanes that occurred in late twenty twenty four. In the second quarter, we helped approximately 24,000 families remain in their homes through loan workouts. Our single family mortgage portfolio at the end of the quarter was $3,100,000,000,000 up two percent year over year. Credit characteristics of our single family portfolio continue to remain strong, with the weighted average current loan to value ratio at 53% and the weighted average current credit score at 754. At the end of the quarter, 62% of our single family portfolio had some form of credit enhancement.

New business activity totaled $94,000,000,000 this quarter, up $16,000,000,000 from the first quarter of this year. First time homebuyers represented 53% of our new single family home purchase loans. Higher mortgage rates continue to impact both purchase and refinance activity. Refinance activity accounted for a little over 19% of our total new business activity this quarter. For new acquisitions, our weighted average original loan to value was 77% and weighted average credit score was 759.

The average estimated guarantee fee charged on new business was 54 basis points. The thirty year mortgage rate peaked at 6.89% during the quarter and ended the quarter at 6.77%. That was up from 6.65% at the end of the first quarter and slightly down from 6.86% at the end of the prior year quarter. Moving on to Multifamily, the segment reported net income of $295,000,000 That was down $186,000,000 or 39% from the prior year quarter. This decrease was primarily driven by lower non interest income, which declined 37% or $221,000,000 year over year.

The decrease in non interest income was primarily driven by lower revenues from held for sale loan purchase and securitization activities as well as impacts from interest rate risk management activities. The decline in noninterest income was partially offset by net interest income of $4.00 $1,000,000 which was up $108,000,000 or 37% year over year. The increase in net interest income was primarily driven by a change in the company's multifamily business strategy that resulted in an increase in the volume of fully guaranteed securitizations. The multifamily provision for credit losses was an expense of $161,000,000 this quarter versus $79,000,000 in the prior year quarter. The provision for credit losses this quarter was primarily driven by a credit reserve build attributable to new loan purchase commitment and acquisition activity, coupled with deterioration in the credit performance of certain delinquent loans.

Our multifamily new business activity was $12,000,000,000 for the second quarter, up 2,000,000,000 from the last quarter. The business provided financing for 99,000 multifamily rental units this quarter with 74% of eligible units affordable to low income families. The multifamily mortgage portfolio increased 4% year over year to $466,000,000,000 92% of the multifamily mortgage portfolio was covered by credit enhancements at the end of the quarter. The multifamily delinquency rate at the end of the quarter was 47 basis points, up nine basis points from the June 2024. This increase was primarily driven by delinquency in our floating rate loans and small balance loans.

97% of these delinquent loans had credit enhancement coverage. On the capital front, our net worth increased to $65,000,000,000 at the end of the quarter, representing a 22% increase year over year. I'll conclude by noting that our efforts to reduce costs for Freddie Mac, lenders, borrowers and renters is ongoing. As I discussed last quarter, the actions of the Director of U. S.

Federal Housing, Bill Pulte, are enabling further transformation of the business, making us more efficient and effective. We're working closely with U. S. Federal Housing to lower expenses, increase revenue and improve productivity wherever we can. For example, we are working together to increase competition among the credit scoring agencies.

These actions ultimately will result in an even safer and stronger Freddie Mac and a better US housing finance system. That is our mission. Thank you for joining us today.

Freddie Mac (FMCC) Q2 2025 Earnings Call Transcript

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