AGNC Investment Corp. AGNC

Real estate SIC 6798 - Real Estate Investment Trusts Nasdaq

AGNC Investment Corp. ("AGNC," the "Company," "we," "us" and "our") was organized on January 7, 2008 and commenced operations on May 20, 2008 following the completion of our initial public offering. Our common stock is traded on The Nasdaq Global Select Market under the symbol "AGNC."

We are a leading provider of private capital to the U.S. housing market, enhancing liquidity in the residential real estate mortgage markets and, in turn, facilitating home ownership in the U.S. We invest primarily in Agency residential mortgage-backed securities ("Agency RMBS") on a leveraged basis. These investments consist of residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac," and together with Fannie Mae, the "GSEs"), or by a U.S. Government agency, such as the Government National Mortgage Association ("Ginnie Mae").

Last close 10.65 2026-09-04
Market cap $12.63B 2026-06-30 share count
52-week range 9.63 - 12.19

Valuation FY2025 figures against the last close

P/S
P/E7.2x
P/FCF19.3x
EV/EBITDA
Dividend yield12.7%
Diluted EPS1.47

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
SG&A $40.0M$36.0M$34.0M$33.0M$34.0M$37.0M$36.0M$55.0M$31.0M$34.0M
Total operating expenses $127.0M$110.0M$96.0M$74.0M$88.0M$93.0M$83.0M$100.0M$73.0M$105.0M
Interest expense $675.0M$18.0M$246.0M$965.0M$75.0M$674.0M$2.15B$1.17B$524.0M$394.0M
Net income $1.67B$863.0M$155.0M-$1.19B$749.0M-$266.0M$688.0M$129.0M$771.0M$623.0M
EPS, basic 1.480.930.05-2.411.23-0.661.160.212.041.79
EPS, diluted 1.470.930.05-2.411.22-0.661.160.212.041.79
Shares, diluted (wtd. avg.) $1.02B$786.0M$619.6M$537.0M$530.0M$551.6M$541.4M$441.4M$358.7M$331.9M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $450.0M$505.0M$518.0M$2.33B$1.52B$2.32B$1.28B$1.52B$1.36B$1.28B
Goodwill $526.0M$526.0M$526.0M$526.0M$526.0M$526.0M$526.0M
Total assets $115.08B$88.02B$71.60B$51.75B$68.15B$81.82B$113.08B$109.24B
Total liabilities $102.68B$78.25B$63.34B$43.88B$57.86B$70.74B$102.04B$99.33B
Retained earnings -$8.52B-$8.55B-$8.15B-$7.28B-$5.21B-$5.11B-$3.89B-$3.43B
Total equity $12.39B$9.76B$8.26B$7.87B$10.29B$11.08B$11.04B$9.91B$8.75B$7.36B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $653.0M$86.0M-$118.0M$1.01B$1.54B$1.75B$1.18B$1.11B$1.26B$1.35B
Stock-based compensation $26.0M$18.0M$11.0M$2.0M$19.0M$18.0M$13.0M$6.0M$4.0M$1.0M
Investing cash flow -$25.86B-$11.17B-$14.67B$11.19B$3.84B$36.52B-$14.22B-$27.94B-$11.06B$3.20B
Financing cash flow $25.18B$11.08B$14.23B-$11.39B-$6.17B-$37.23B$12.80B$26.98B$9.88B-$5.66B
Dividends paid $1.60B$1.24B$1.00B$869.0M$860.0M$970.0M$1.14B$974.0M$795.0M$799.0M
Buybacks $0$0$51.0M$281.0M$378.0M$103.0M$0$0$116.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001423689-26-000043.

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