Like its sister Fannie Mae, Freddie Mac also delivered significant earnings growth in 2018, with its $9.2 billion in profits up more than 64% from the previous year. Revenues were down slightly, but the government-sponsored enterprise heralded a “transformed business model” in the 10 years after the financial crisis that, like Fannie Mae, could see it soon taken out of government conservatorship. Freddie Mac provided $396 billion in liquidity to the mortgage market and helped more than 2 million families to own or rent a home last year—with first-time homebuyers representing nearly 46% of its new purchase loans.
Company Info
CEO | Donald H. Layton |
CEO Title | Chief Executive Officer & Director |
Sector | Financials |
Industry | Diversified Financials |
HQ Location | McLean, Va. |
Website | www.freddiemac.com |
Years on Fortune 500 List | 22 |
Employees | 6,621 |
Key Financials (Last Fiscal Year)
Revenues ($M) | $73,598 |
Profits ($M) | $9,235 |
Assets ($M) | $2,063,060 |
Total Stockholder Equity ($M) | $4,477 |
Profit Ratios
Profit as % of Revenues | 12.5% |
Profits as % of Assets | 0.4% |
Profits as % of Stockholder Equity | 206.3% |
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($) | 1 |
EPS % Change (from 2017) | - |
EPS % Change (5 year annual rate) | - |
EPS % Change (10 year annual rate) | - |
Total Return
Total Return to Investors (2018) | -57.9% |
Total Return to Investors (5 year, annualized) | -18.2% |
Total Return to Investors (10 year, annualized) | 3.8% |