Federal Agricultural Mortgage's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Federal Agricultural Mortgage (AGMA) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Federal Agricultural Mortgage vs Its Competitors
- TTM: Trailing 12-month revenue of 411M vs 116,103M combined for its competitors (0.4% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+14.9% annualized vs trailing 12 months), vs holding steady (-1.3%) for its tracked peer group.
- Growth: Federal Agricultural Mortgage generated 24.3% revenue growth year over year in Q2 2026, vs 0.8% for its competitors combined.
- Profitability: Its 56.7% net margin compares with 36.5% for the peer group.
- Peer revenue share: Federal Agricultural Mortgage accounted for 0.4% of combined revenue among its tracked peer group, up from 0.3% a year earlier.
- Peer differentiation: Revenue per employee of $1.94M compares with $2.37M for the peer group (0.8x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
AGMA Sales vs. its Competitors, Q2 2026
Federal Agricultural Mortgage reported revenue growth of 24.31 % year on year in Q2 2026, above its competitors' combined revenue growth of 0.77 %.
With a net margin of 56.74 %, Federal Agricultural Mortgage achieved higher profitability than its competitors (36.52 %).
Federal Agricultural Mortgage generated 0.41 % of the combined sales of its peer group, up from 0.33 % a year earlier.
API endpoints for this dataset
Federal Agricultural Mortgage vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Federal Agricultural Mortgage reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Federal Agricultural Mortgage and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Federal Agricultural Mortgage Corporation | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (1) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Federal Agricultural Mortgage's competitor groups requires a Commercial License.
For context: the Miscellaneous Financial Services industry grew revenue 355.0% year over year, combined, vs 24.3% for Federal Agricultural Mortgage. Federal Agricultural Mortgage's share of combined industry revenue moved from 0.12% to 0.03%, a loss of 0.08 percentage points.
Federal Agricultural Mortgage's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Federal Agricultural Mortgage Corporation | Yes | Yes | Yes | No |
| Competitors combined (11) | ||||
| High-Confidence Competitors (2) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
AGMA Stock Performance relative to its Competitors
AGMA Stock Performance relative to High-Confidence Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Mr Cooper Group Inc | 282.9% | Outperformed |
| 2 | Arch Capital Group Ltd | 282.9% | Outperformed |
| 3 | Essent Group Ltd | 282.9% | Outperformed |
| 4 | Nmi Holdings Inc | 282.9% | Outperformed |
| 5 | Radian Group Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Federal Agricultural Mortgage's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Federal Agricultural Mortgage's Comment on Competition and Industry Peers
Publicly Traded Peers of Federal Agricultural Mortgage Corporation
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| 1,360.58 | 410.77 | |
| 41,485.42 | 26,636.00 | |
| 37,419.26 | 19,232.00 | |
| 26,341.71 | 33,420.00 | |
| 13,721.16 | 2,246.00 | |
| 12,871.32 | 24,430.00 | |
| SUBTOTAL | 156,511.39 | 118,760.16 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Federal Agricultural Mortgage Corporation versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Federal Agricultural Mortgage's Competitors Named by the Company
Competitive relationships identified from Federal Agricultural Mortgage reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| FCS | Company report | 85% |
| Federal Home Loan Banks | Company report | 85% |
| Federal National Mortgage Association | Company report | 85% |
| Federal Home Loan Mortgage Corporation | Company report | 85% |
| Federal Home Loan Bank Of Atlanta | Company report | 85% |
Company report basis, confidence, active dates and source counts for Federal Agricultural Mortgage's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Federal Agricultural Mortgage's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| American International Group Inc | North America Operating 34.61 % |
| Arch Capital Group Ltd | Insurance 41.61 % |
| Mr Cooper Group Inc | Servicing 71.38 % |
| Essent Group Ltd | Mortgage Insurance 71.87 % |
| Radian Group Inc | Specialty segment operating 54.57 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Federal Agricultural Mortgage's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Federal Agricultural Mortgage Corporation | 1,361 | 1,937,585 | 1,080,193 |
| American International Group Inc | 41,485 | 1,205,249 | 134,208 |
| Arch Capital Group Ltd | 37,419 | 2,404,000 | 586,500 |
| Federal National Mortgage Association Fannie Mae | 26,342 | 83,341,646 | 38,418,953 |
| Mr Cooper Group Inc | 13,721 | 330,294 | 63,676 |
| Federal Home Loan Mortgage Corporation | 12,871 | 3,321,550 | 1,822,978 |
| PEERS TOTAL | 155,151 | 2,367,272 | 788,438 |
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Federal Agricultural Mortgage's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Miscellaneous Financial Services industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (126 companies). See the full Miscellaneous Financial Services industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 50.40 % | 39.67 % (avg) | +10.7 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | 73.95 % | 5.91 % (avg) | +68.0 pp |
| Capital Intensity (Capex / Revenue) | 0.00 % | 5.16 % (avg) | -5.2 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Federal Agricultural Mortgage's Valuation vs Competitive Position
Valuation multiples vs the Miscellaneous Financial Services industry average (126 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Miscellaneous Financial Services industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 7.8x | 19.1x | -11.3x |
| EV / EBITDA | 44.4x | 14.3x | +30.1x |
| P/B | 0.9x | 2.9x | -2.0x |
| Return on Equity | 13.13 % | industry aggregate | 14.39 % |
| Return on Invested Capital | - | -4.53 % (avg) | - |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Federal Agricultural Mortgage's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 7.20 % | 2.49 % | 4.34 % | 21.22 % | 27.91 % | 13.59 % | 3.85 % | 3.25 % |
| Operating Margin | 73.15 % | 72.75 % | 69.12 % | 69.54 % | 73.20 % | 72.27 % | 70.97 % | 68.10 % |
| Return on Invested Capital | 0.52 % | 0.48 % | 0.56 % | 0.66 % | 0.82 % | 0.85 % | 0.81 % | 0.73 % |
| P/E | - | 8.3x | 7.2x | - | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Federal Agricultural Mortgage's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.00 % vs industry average 5.16 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Federal Agricultural Mortgage's dedicated Suppliers and Customers pages, not here.
Federal Agricultural Mortgage's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Federal Agricultural Mortgage falls in the Low attractiveness / High strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Federal Agricultural Mortgage's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Return on equity 14.4 points above the industry aggregate.
- Latest-quarter revenue run-rate is accelerating (+14.9% annualized vs trailing 12 months).
Weaknesses
No rule matched.
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: see Methodology: SWOT Analysis.
Federal Agricultural Mortgage's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Federal Agricultural Mortgage Corporation | - | 0.59 | 6.84 |
| American International Group Inc | 0.04 | 1.44 | 0.17 |
| Arch Capital Group Ltd | 0.29 | 3.48 | 0.13 |
| Federal National Mortgage Association Fannie Mae | 0.90 | 338.55 | 18.73 |
| Mr Cooper Group Inc | 0.23 | 0.19 | 2.40 |
| Federal Home Loan Mortgage Corporation | 0.07 | 101.80 | 2.47 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Federal Agricultural Mortgage's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Federal Agricultural Mortgage Corporation | Q2 2026 | +24.3 % | +22.1 % |
| American International Group Inc | Q2 2026 | -0.1 % | -17.1 % |
| Arch Capital Group Ltd | Q2 2026 | -10.5 % | -14.6 % |
| Federal National Mortgage Association Fannie Mae | Q3 2026 | +20.0 % | +8.2 % |
| Mr Cooper Group Inc | Q2 2025 | +4.3 % | -1.2 % |
| Federal Home Loan Mortgage Corporation | Q3 2026 | +15.2 % | +16.7 % |
| PEERS TOTAL | +7.7 % | +3.8 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Federal Agricultural Mortgage's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Federal Agricultural Mortgage Corporation | Q2 2026 | -9.0 % | - |
| American International Group Inc | Q2 2026 | +6.3 % | - |
| Arch Capital Group Ltd | Q2 2026 | -12.9 % | +16.7 % |
| Federal National Mortgage Association Fannie Mae | Q3 2026 | - | - |
| Mr Cooper Group Inc | Q2 2025 | - | +62.5 % |
| Federal Home Loan Mortgage Corporation | Q3 2026 | - | - |
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Federal Agricultural Mortgage's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Federal Agricultural Mortgage Corporation | 0.63% | 0.63% | 13.13% |
| American International Group Inc | 1.83% | 2.10% | 7.26% |
| Arch Capital Group Ltd | 5.77% | 6.76% | 19.52% |
| Federal National Mortgage Association Fannie Mae | 0.36% | 0.36% | 13.46% |
| Mr Cooper Group Inc | 2.40% | 1.89% | 8.91% |
| Federal Home Loan Mortgage Corporation | 0.38% | 0.38% | 17.70% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Federal Agricultural Mortgage's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Federal Agricultural Mortgage Corporation | 6.83 | 3.31 |
| American International Group Inc | 14.37 | 1.56 |
| Arch Capital Group Ltd | 8.44 | 1.95 |
| Federal National Mortgage Association Fannie Mae | 158.66 | 0.79 |
| Mr Cooper Group Inc | 24.17 | 6.11 |
| Federal Home Loan Mortgage Corporation | - | 0.53 |
| PEERS AVERAGE | 3.95 | 1.32 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.
