National Rural Utilities Cooperative Finance Corporation (NRUC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
20701 COOPERATIVE WAY DULLES, VA 20166-6691 |
| State of Incorp. | DC |
| Fiscal Year End | May 31 |
| Industry (SIC) | 6159 - Miscellaneous business Credit Institutions (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 8/31/2024 MRQ | 5/31/2024 | 11/30/2023 MRQ | 5/31/2023 | 5/31/2022 | 5/31/2021 | 5/31/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 598 | 546 | 709 | 753 | 906 | 1,042 | |||
| Cash and cash equivalents | 280 | 129 | 199 | 154 | 295 | 671 | |||
| Short-term investments | 318 | 417 | 510 | 600 | 611 | 370 | |||
| Total current assets: | 598 | 546 | 709 | 753 | 906 | 1,042 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 85 | 85 | 86 | 102 | 92 | 89 | |||
| Deferred costs | 8 | 7 | 7 | 7 | 7 | 5 | |||
| Total noncurrent assets: | 93 | 92 | 93 | 108 | 99 | 95 | |||
| Other undisclosed assets | 35,487 | 34,872 | 33,210 | 30,389 | 28,633 | 27,021 | |||
| TOTAL ASSETS: | 36,178 | 35,510 | 34,012 | 31,251 | 29,638 | 28,158 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 4,333 | 5,162 | 4,546 | 4,981 | 4,582 | 3,962 | |||
| Total current liabilities: | 4,333 | 5,162 | 4,546 | 4,981 | 4,582 | 3,962 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 27,188 | 25,824 | 25,230 | 22,532 | 21,589 | 986 | |||
| Long-term debt, excluding current maturities | 27,188 | 25,824 | 25,230 | 22,532 | 21,589 | 986 | |||
| Total noncurrent liabilities: | 27,188 | 25,824 | 25,230 | 22,532 | 21,589 | 986 | |||
| Other undisclosed liabilities | 1,645 | 1,628 | 1,647 | 1,596 | 2,067 | 22,561 | |||
| Total liabilities: | 33,166 | 32,614 | 31,423 | 29,109 | 28,238 | 27,509 | |||
| Equity | |||||||||
| Equity, attributable to parent | 2,991 | 2,866 | 2,562 | 2,115 | 1,375 | 626 | |||
| Accumulated other comprehensive income (loss) | (1) | 9 | 8 | 2 | (0) | (2) | |||
| Retained earnings | 2,993 | 2,857 | 2,554 | 2,112 | 1,375 | 628 | |||
| Equity, attributable to noncontrolling interest | 21 | 30 | 27 | 27 | 25 | 23 | |||
| Total equity: | 3,012 | 2,896 | 2,589 | 2,142 | 1,400 | 649 | |||
| TOTAL LIABILITIES AND EQUITY: | 36,178 | 35,510 | 34,012 | 31,251 | 29,638 | 28,158 | |||
Income Statement (P&L) ($ in millions)
| 8/31/2024 TTM | 5/31/2024 | 11/30/2023 TTM | 5/31/2023 | 5/31/2022 | 5/31/2021 | 5/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Net Investment Income) | 1,593 | 2,469 | 1,352 | 1,149 | 1,117 | 1,151 | ||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (29) | (36) | ||||||
| Gross profit: | 1,593 | 2,469 | 1,352 | 1,149 | 1,088 | 1,116 | ||
| Operating expenses | (59) | (81) | (51) | (43) | (39) | (47) | ||
| Other operating income, net (Noninterest Income, Other Operating Income) | 23 | 29 | 18 | 17 | 19 | 23 | ||
| Operating income: | 1,557 | 2,417 | 1,319 | 1,123 | 1,068 | 1,092 | ||
| Nonoperating income (expense) (Investment Income, Nonoperating) | 392 | 583 | 286 | 472 | 506 | (790) | ||
| Interest and debt expense | (251) | (1,223) | (1,037) | (706) | (1) | (822) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (757) | (71) | ||||||
| Income (loss) from continuing operations before income taxes: | 1,698 | 1,777 | 568 | 889 | 815 | (591) | ||
| Income tax expense (benefit) | (2) | (1) | (1) | (1) | (1) | 1 | ||
| Income (loss) from continuing operations: | 1,696 | 1,776 | 568 | 888 | 814 | (589) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 888 | 814 | (589) | |
| Other undisclosed net loss | (1,142) | (1,250) | (66) | (90) | ||||
| Net income (loss): | 554 | 526 | 502 | 799 | 814 | (589) | ||
| Net income (loss) attributable to noncontrolling interest | (1) | 0 | (0) | (3) | (2) | 4 | ||
| Net income (loss) available to common stockholders, diluted: | 553 | 526 | 501 | 796 | 812 | (585) | ||
Comprehensive Income ($ in millions)
| 8/31/2024 TTM | 5/31/2024 | 11/30/2023 TTM | 5/31/2023 | 5/31/2022 | 5/31/2021 | 5/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 554 | 526 | 502 | 799 | 814 | (589) | ||
| Other comprehensive income (loss) | (10) | 7 | 6 | 2 | 2 | (2) | ||
| Comprehensive income (loss): | 545 | 533 | 508 | 801 | 816 | (591) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1) | 0 | (0) | (3) | (2) | 4 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 544 | 533 | 508 | 798 | 814 | (587) | ||
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.