FEDERAL HOME LOAN MORTGAGE CORP (FMCC) Financial Statements (2023 and earlier)

Company Profile

Business Address 8200 JONES BRANCH DR
MCLEAN, VA 22102
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 6111 - Federal and Federally-Sponsored Credit Agencies (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments31,34332,16737,22143,81648,85949,003
Short-term investments31,34332,16737,22143,81648,85949,003
Financing receivable, accrued interest, after allowance for credit loss8,662     
Total current assets:40,00532,16737,22143,81648,85949,003
Noncurrent Assets
Deferred income tax assets5,3295,7775,5615,5525,8656,214
Total noncurrent assets:5,3295,7775,5615,5525,8656,214
Other undisclosed assets3,179,6463,170,3893,147,8743,096,2133,054,1302,970,369
TOTAL ASSETS:3,224,9803,208,3333,190,6563,145,5813,108,8543,025,586
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities3,185,9133,171,3153,155,4263,111,4833,077,1432,997,553
Total liabilities:3,185,9133,171,3153,155,4263,111,4833,077,1432,997,553
Equity
Equity, attributable to parent, including:39,06737,01835,23034,09831,71128,033
Treasury stock, value(3,885)(3,885)(3,885)(3,885)(3,885)(3,885)
Accumulated other comprehensive income (loss)(134)(188)(213)(32)34154
Accumulated deficit(43,671)(45,666)(47,429)(48,742)(51,195)(54,993)
Warrants and rights outstanding  2,300   2,300
Other undisclosed equity, attributable to parent86,75784,45786,75786,75786,75784,457
Total equity:39,06737,01835,23034,09831,71128,033
TOTAL LIABILITIES AND EQUITY:3,224,9803,208,3333,190,6563,145,5813,108,8543,025,586

Income Statement (P&L) ($ in millions)

6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
Revenues
(Net Investment Income)
24,67123,44021,47819,54417,35616,197
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
 (395)(575)(1,796)(307)  
Gross profit:24,27622,86519,68219,23717,35616,197
Operating expenses      (734)
Operating income:24,27622,86519,68219,23717,35615,463
Nonoperating income (expense)(225)(280)4153211,513513
Investment income, nonoperating(225)(280)4153211,513519
Interest and debt expense(20,486)(19,228)(17,340)(15,249)(13,636)(11,848)
Income from continuing operations before equity method investments, income taxes:3,5653,3572,7574,3095,2334,128
Other undisclosed loss from continuing operations before income taxes(1,065)(1,141)(1,197)(1,232)(482)(693)
Income from continuing operations before income taxes:2,5002,2161,5603,0774,7513,435
Income tax expense(505)(453)(247)(624)(953)(691)
Income from continuing operations:1,9951,7631,3132,4533,7982,744
Income before gain (loss) on sale of properties:1,3132,4533,7982,744
Net income attributable to parent:1,9951,7631,3132,4533,7982,744
Preferred stock dividends and other adjustments(2,049)(1,788)(1,132)(2,387)(3,678)(2,722)
Net income (loss) available to common stockholders, diluted:(54)(25)1816612022

Comprehensive Income ($ in millions)

6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
Net income:1,9951,7631,3132,4533,7982,744
Comprehensive income:1,9951,7631,3132,4533,7982,744
Other undisclosed comprehensive income (loss), net of tax, attributable to parent5425(181)(66)(120)(22)
Comprehensive income, net of tax, attributable to parent:2,0491,7881,1322,3873,6782,722

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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