Federal Agricultural Mortgage vs TFS Financial
Federal Agricultural Mortgage is the larger business, with $408m of revenue in fiscal 2025 against $321m for TFS Financial (1.3 times as much). Federal Agricultural Mortgage grew faster (8.9% against 6.0%). Federal Agricultural Mortgage kept more of each dollar of sales as profit: a net margin of 50.8% against 28.3%.
| Latest fiscal year | Federal Agricultural MortgageAGM, 2025 | TFS FinancialTFSL, 2025 |
|---|---|---|
| Revenue | $408m | $321m |
| Revenue growth | 8.9% | 6.0% |
| Net income | $207m | $91.0m |
| Operating margin | — | — |
| Net margin | 50.8% | 28.3% |
| Return on equity | 12.9% | 4.8% |
| Free cash flow | $80.1m | $71.0m |
| Cash | $931m | $429m |
| Total debt | $30.82bn | $0 |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | 4.2% | 1.3% |
| Share buybacks | $12.9m | $4.0m |
| Employees | — | 958 |
| Market value | $2.22bn | $4.61bn |
| Price vs our value range | — | — |
| Moat score | 63 (Moderate) | 60 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 5 buys, 25 sales |