MFA Financial, Inc. 8.875% Senior Notes (MFAN) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 71.07M | 37.63M | 14.72M | 38.46M | -14.56M | 111.45M | -11.27M | 46.48M | 53.47M | 3.82M | 39.8M | 77.8M | -12.67M | 4.51M | 151.65M | 76.36M | 133.56M | 11.22M | 12.48M | 72.43M |
| Operating CF Growth % | 587.98% | -66.24% | 230.61% | -17.26% | -127.24% | 2819.75% | -128.33% | -40.25% | 522.06% | -15.35% | -73.76% | 1.88% | -109.48% | -59.82% | 1115.49% | 5.43% | 452.7% | -48.16% | 131.27% | 66.78% |
| Operating CF / Revenue % | 30.98% | 42.71% | 7.13% | 20.03% | -19.47% | 267.27% | -13.68% | 62.29% | 84.63% | 3.35% | -175.49% | 904.38% | -12.07% | 14.4% | -652.1% | -205.81% | -243.44% | 15.46% | 11.14% | 97.07% |
| Net Income | -1.3M | 54.52M | 48.1M | 32.98M | 41.18M | 5.91M | 48.18M | 41.95M | 23.21M | 89.75M | -56.44M | -25.93M | 72.78M | 6.57M | -55.02M | -100.54M | -82.91M | 44.12M | 132.08M | 66.71M |
| Depreciation & Amortization | 300K | -800K | 0 | 800K | 0 | 0 | 0 | 0 | 0 | 0 | 800K | 1.3M | 1.3M | 1.3M | -5.21M | 3.3M | 0 | 3.3M | 3.3M | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.19M | 0 | 3.13M | 0 | 2.19M | 0 | 0 | 2.84M | 0 | 0 |
| Other Non-Cash Items | 47.39M | 868K | -16.8M | -2.39M | -82.22M | 72.61M | -35.1M | 9M | 17.77M | -144.92M | 138M | 121.57M | -69.4M | 255.15M | 80.01M | 382.92M | 193.86M | -39.16M | -86.88M | -21.17M |
| Working Capital Changes | 24.68M | -16.96M | -16.58M | 7.06M | 26.48M | 32.93M | -24.35M | -4.47M | 12.48M | 58.99M | -41.77M | -19.14M | -16.05M | -258.52M | 129.19M | -209.32M | 22.61M | 121K | -36.02M | 26.89M |
| Cash from Investing | -225.61M | -1.23B | -271.97M | -30.51M | -251.55M | -241.8M | 89.88M | -181.27M | -91.4M | -309.21M | -548.16M | -550.11M | -142.1M | -86.05M | -292.96M | -164.19M | -583.45M | -941.28M | -1.27B | -305.98M |
| Acquisitions (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 306K | 0 | 0 | -1K | 0 | 0 |
| Purchase of Investments | -350.94M | -1.93B | -355.81M | -162.18M | -299.64M | -465.13M | -228.51M | -175.5M | 0 | -53.26M | -151.91M | -77.75M | -305.86M | -133K | -739.99M | -276K | 0 | 0 | 624K | 0 |
| Sale of Investments | 155.93M | -168.23M | 61.5M | 118.41M | 35.13M | 39.43M | 34.29M | 47.83M | 8.08M | 27.11M | 16.04M | 42.22M | 5.75M | 78.52M | 16.27M | 41.09M | 1.84M | 0 | 64.9M | 51.42M |
| Other Investing | -30.59M | 868.12M | 22.34M | 13.26M | 12.97M | 183.9M | 284.1M | -53.6M | -99.48M | -283.07M | -412.29M | -516.04M | 159.46M | -165.67M | 430.76M | -204.73M | -584.34M | -979.97M | -1.32B | -318.23M |
| Cash from Financing | 178.69M | 1.04B | 249.26M | 63.71M | 138.09M | 228.76M | -117.12M | 147.04M | 78.89M | 340.07M | 458.51M | 448.13M | 188.28M | -25.77M | 197.37M | 77.63M | 600.99M | 752.76M | 919.27M | 362.94M |
| Dividends Paid | -49.29M | -48.03M | -48.41M | -47.96M | -44.1M | -44.24M | -44.27M | -44.23M | -44.01M | -44.01M | -44.01M | -43.98M | -43.99M | -53.18M | -53.18M | -55.1M | -55.45M | -52.47M | -52.45M | -41.86M |
| Common Dividends | -38.87M | -48.03M | -37.58M | -37.4M | -35.88M | -36.02M | -36.05M | -36.02M | -35.79M | -35.79M | -35.79M | -35.76M | -35.77M | -44.97M | -44.96M | -46.88M | -47.23M | -44.25M | -44.24M | -33.64M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Share Repurchases | -9.03M | 10.29M | -5.1M | 0 | -5.21M | -20K | -21K | -20K | -1.51M | -7K | 0 | 0 | 0 | 0 | 0 | -47.51M | -54.8M | -37.52M | 0 | -27.14M |
| Other Financing | -6.76M | 1.71B | -8.31M | -17.21M | -2.15M | -2.4M | -28.4M | -2.85M | -1.34M | -2.7M | -3.22M | 68K | -4.6M | -2.31B | -5.01M | 0 | -2.87M | -298K | -1.73M | -3.75M |
| Net Change in Cash | 24.14M | -150.3M | -7.99M | 71.66M | -128.02M | 98.4M | -38.52M | 12.26M | 40.96M | 34.67M | -49.86M | -24.19M | 33.51M | -107.31M | 56.05M | -10.2M | 151.09M | -177.3M | -333.5M | 129.38M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 386.67M | 536.97M | 544.96M | 473.29M | 601.31M | 502.91M | 541.43M | 529.17M | 488.21M | 453.54M | 503.4M | 527.59M | 494.08M | 601.4M | 545.34M | 555.54M | 404.45M | 581.75M | 915.25M | 785.86M |
| Cash at End | 410.81M | 386.67M | 536.97M | 544.96M | 473.29M | 601.31M | 502.91M | 541.43M | 529.17M | 488.21M | 453.54M | 503.4M | 527.59M | 494.08M | 601.4M | 545.34M | 555.54M | 404.45M | 581.75M | 915.25M |
| Free Cash Flow | 71.07M | 37.63M | 14.72M | 38.46M | -14.56M | 111.45M | -11.27M | 46.48M | 53.47M | 3.82M | 39.8M | 79.25M | -14.13M | 5.74M | 151.34M | 76.09M | 132.61M | 49.91M | 4.24M | 33.26M |
| FCF Growth % | 587.98% | -66.24% | 230.61% | -17.26% | -127.24% | 2819.75% | -128.33% | -41.35% | 478.5% | -33.5% | -73.7% | 4.16% | -110.65% | -88.5% | 3466.79% | 128.8% | 571.43% | 174.1% | - | -23.73% |
| FCF / Revenue % | 30.98% | 42.71% | 7.13% | 20.03% | -19.47% | 267.27% | -13.68% | 62.29% | 84.63% | 3.35% | -175.49% | 921.33% | -13.46% | 18.33% | -650.78% | -205.07% | -241.7% | 68.78% | 3.79% | 44.57% |