Total Debt
$6.50B
Net Debt
$6.27B
MFA Financial, Inc. currently has $6.50B in total debt. Net debt is $6.27B after cash offsets.
Financial Fundamentals
MFA • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-03-31 | 6.50 | 0.22 | 6.27 | 13.23 | 49.1% |
| 2025-12-31 | 6.60 | 0.21 | 6.39 | 13.05 | 50.6% |
| 2025-09-30 | 6.60 | 0.31 | 6.29 | 12.10 | 54.5% |
| 2025-06-30 | 6.14 | 0.28 | 5.86 | 11.67 | 52.6% |
| 2025-03-31 | 9.41 | 0.25 | 9.15 | 11.52 | 81.7% |
| 2024-12-31 | 9.20 | 0.34 | 8.86 | 11.41 | 80.6% |
| 2024-09-30 | 8.96 | 0.31 | 8.66 | 11.16 | 80.3% |
| 2024-06-30 | 5.27 | 0.29 | 4.98 | 11.08 | 47.6% |
| 2024-03-31 | 5.12 | 0.31 | 4.81 | 10.87 | 47.1% |
| 2023-12-31 | 8.58 | 0.32 | 8.26 | 10.77 | 79.6% |
| 2023-09-30 | 8.08 | 0.30 | 7.78 | 10.10 | 80.0% |
| 2023-06-30 | 7.61 | 0.33 | 7.28 | 9.74 | 78.2% |
| 2023-03-31 | 7.15 | 0.36 | 6.78 | 9.31 | 76.7% |
| 2022-12-31 | 6.86 | 0.33 | 6.52 | 9.11 | 75.3% |
| 2022-09-30 | 7.33 | 0.43 | 6.90 | 9.52 | 77.0% |
| 2022-06-30 | 7.18 | 0.39 | 6.79 | 9.48 | 75.7% |
| 2022-03-31 | 7.07 | 0.41 | 6.66 | 9.92 | 71.3% |
| 2021-12-31 | 2.92 | 0.30 | 2.62 | 9.14 | 32.0% |
| 2021-09-30 | 5.60 | 0.53 | 5.07 | 8.49 | 65.9% |
| 2021-06-30 | 4.47 | 0.91 | 3.56 | 7.21 | 62.0% |
| 2021-03-31 | 4.00 | 0.78 | 3.22 | 6.72 | 59.5% |
| 2020-12-31 | 1.84 | 0.81 | 1.03 | 6.93 | 26.5% |
| 2020-09-30 | 4.85 | 0.88 | 3.97 | 7.48 | 64.8% |
| 2020-06-30 | 5.01 | 0.67 | 4.35 | 7.57 | 66.2% |
| 2020-03-31 | 8.62 | 0.12 | 8.51 | 11.13 | 77.5% |
| 2019-12-31 | 10.03 | 0.07 | 9.96 | 13.57 | 73.9% |
| 2019-09-30 | 0.93 | 0.15 | 0.77 | 13.10 | 7.1% |
| 2019-06-30 | 0.95 | 0.09 | 0.86 | 13.21 | 7.2% |
| 2019-03-31 | 0.76 | 0.08 | 0.68 | 12.80 | 5.9% |
| 2018-12-31 | 0.78 | 0.05 | 0.73 | 12.42 | 6.3% |
| 2018-09-30 | 0.81 | 0.10 | 0.71 | 11.78 | 6.9% |
| 2018-06-30 | 0.62 | 0.05 | 0.56 | 10.64 | 5.8% |
| 2018-03-31 | 0.45 | 0.21 | 0.23 | 10.62 | 4.2% |
| 2017-12-31 | 0.46 | 0.45 | 0.01 | 10.95 | 4.2% |
| 2017-09-30 | 0.23 | 0.61 | -0.37Net Cash | 11.10 | 2.1% |
| 2017-06-30 | 0.24 | 0.75 | -0.51Net Cash | 11.54 | 2.1% |
| 2017-03-31 | 0.10 | 0.42 | -0.32Net Cash | 11.90 | 0.8% |
| 2016-12-31 | 0.10 | 0.26 | -0.16Net Cash | 12.48 | 0.8% |
| 2016-09-30 | 0.10 | 0.29 | -0.19Net Cash | 12.75 | 0.8% |
| 2016-06-30 | 0.10 | 0.18 | -0.09Net Cash | 12.83 | 0.8% |
| 2016-03-31 | 0.11 | 0.15 | -0.04Net Cash | 12.84 | 0.8% |
| 2015-12-31 | 0.12 | 0.17 | -0.04Net Cash | 13.17 | 0.9% |
| 2015-09-30 | 0.13 | 0.17 | -0.04Net Cash | 13.38 | 1.0% |
| 2015-06-30 | 0.16 | 0.22 | -0.06Net Cash | 13.65 | 1.2% |
| 2015-03-31 | 0.19 | 0.17 | 0.02 | 13.90 | 1.4% |
| 2014-12-31 | 0.21 | 0.18 | 0.03 | 12.35 | 1.7% |
| 2014-09-30 | 0.26 | 0.42 | -0.17Net Cash | 12.24 | 2.1% |
| 2014-06-30 | 0.31 | 0.34 | -0.03Net Cash | 12.65 | 2.5% |
| 2014-03-31 | 0.39 | 0.27 | 0.12 | 12.79 | 3.1% |
| 2013-12-31 | 0.47 | 0.57 | -0.10Net Cash | 12.47 | 3.7% |
| 2013-09-30 | 0.52 | 0.50 | 0.02 | 12.60 | 4.1% |
| 2013-06-30 | 0.54 | 0.45 | 0.10 | 13.20 | 4.1% |
| 2013-03-31 | 0.64 | 0.60 | 0.04 | 13.65 | 4.7% |
| 2012-12-31 | 0.75 | 0.40 | 0.35 | 13.52 | 5.5% |
| 2012-09-30 | 1.36 | 0.45 | 0.91 | 13.74 | 9.9% |
| 2012-06-30 | 1.47 | 0.59 | 0.88 | 12.89 | 11.4% |
| 2012-03-31 | 0.97 | 0.37 | 0.59 | 12.45 | 7.8% |
| 2011-12-31 | 1.18 | 0.39 | 0.79 | 11.75 | 10.1% |
| 2011-09-30 | 0.96 | 0.42 | 0.54 | 11.99 | 8.0% |
| 2011-06-30 | 1.06 | 0.50 | 0.56 | 11.93 | 8.9% |
| 2011-03-31 | 0.68 | 0.63 | 0.05 | 11.44 | 6.0% |
| 2010-12-31 | 0.22 | 0.35 | -0.12Net Cash | 8.69 | 2.5% |
| 2010-09-30 | 6.00 | 0.27 | 5.72 | 8.48 | 70.7% |
| 2010-06-30 | 6.27 | 0.53 | 5.74 | 8.68 | 72.2% |
| 2010-03-31 | 6.02 | 0.77 | 5.25 | 8.43 | 71.4% |
| 2009-12-31 | 7.21 | 0.65 | 6.55 | 9.63 | 74.8% |
| 2009-09-30 | 7.58 | 0.49 | 7.10 | 10.00 | 75.8% |
| 2009-06-30 | 7.96 | 0.28 | 7.68 | 9.81 | 81.2% |
| 2009-03-31 | 8.78 | 0.41 | 8.38 | 10.52 | 83.5% |
| 2008-12-31 | 0.01 | 0.36 | -0.35Net Cash | 10.64 | 0.1% |
| 2008-09-30 | 0.01 | 0.44 | -0.43Net Cash | 10.78 | 0.1% |
| 2008-06-30 | 0.01 | 0.23 | -0.22Net Cash | 10.81 | 0.1% |
| 2008-03-31 | 0.01 | 0.34 | -0.33Net Cash | 8.55 | 0.1% |
| 2007-12-31 | 0.01 | 0.23 | -0.22Net Cash | 8.61 | 0.1% |
| 2007-09-30 | 0.01 | 0.21 | -0.20Net Cash | 7.14 | 0.1% |
| 2007-06-30 | 0.01 | 0.05 | -0.04Net Cash | 7.12 | 0.1% |
| 2007-03-31 | 0.01 | 0.05 | -0.04Net Cash | 6.50 | 0.1% |
| 2006-12-31 | 0.01 | 0.05 | -0.04Net Cash | 6.44 | 0.1% |
| 2006-09-30 | 0.02 | 0.05 | -0.04Net Cash | 4.71 | 0.3% |
| 2006-06-30 | 0.02 | 0.05 | -0.04Net Cash | 3.54 | 0.5% |
| 2006-03-31 | 0.02 | 0.07 | -0.06Net Cash | 4.67 | 0.4% |
| 2005-12-31 | 0.02 | 0.06 | -0.04Net Cash | 5.85 | 0.4% |
| 2005-09-30 | 0.02 | 0.13 | -0.11Net Cash | 6.51 | 0.3% |
| 2005-06-30 | 0.02 | 0.09 | -0.07Net Cash | 7.13 | 0.3% |
| 2005-03-31 | 0.02 | 0.08 | -0.05Net Cash | 7.08 | 0.3% |
| 2004-12-31 | 0.02 | 0.07 | -0.05Net Cash | 6.91 | 0.3% |
| 2004-09-30 | 0.02 | 0.05 | -0.02Net Cash | 6.22 | 0.4% |
| 2004-06-30 | 0.02 | 0.09 | -0.07Net Cash | 5.48 | 0.4% |
| 2004-03-31 | 0.02 | 0.07 | -0.05Net Cash | 5.84 | 0.4% |
| 2003-12-13 | 0.02 | 0.14 | -0.12Net Cash | 4.56 | 0.4% |
| 2003-09-30 | 0.02 | 0.17 | -0.15Net Cash | 4.27 | 0.4% |
| 2003-06-30 | 0.02 | 0.06 | -0.04Net Cash | 4.30 | 0.4% |
| 2003-03-31 | 0.02 | 0.03 | -0.02Net Cash | 3.63 | 0.4% |
| 2002-12-31 | 0.02 | 0.06 | -0.05Net Cash | 3.60 | 0.5% |
| 2002-09-30 | 3.20 | 0.11 | 3.08 | 3.60 | 88.8% |
| 2002-06-30 | 3.11 | 0.07 | 3.04 | 3.49 | 89.1% |
| 2002-03-31 | 2.49 | 0.04 | 2.44 | 2.76 | 90.0% |
| 2001-12-31 | 1.85 | 0.06 | 1.79 | 2.07 | 89.2% |
| 2001-09-30 | 1.28 | 0.02 | 1.26 | 1.44 | 88.8% |
| 2001-06-30 | 0.75 | 0.06 | 0.69 | 0.90 | 83.4% |
| 2001-03-31 | 0.48 | 0.02 | 0.47 | 0.56 | 85.7% |
| 2000-12-31 | 0.45 | 0.01 | 0.44 | 0.52 | 85.9% |
| 2000-09-30 | 0.47 | 0.01 | 0.46 | 0.55 | 86.3% |
| 2000-06-30 | 0.47 | 0.02 | 0.45 | 0.54 | 87.3% |
| 2000-03-31 | 0.48 | 0.01 | 0.47 | 0.55 | 87.8% |
| 1999-12-31 | 0.45 | 0.02 | 0.43 | 0.52 | 86.2% |
| 1999-09-30 | 0.40 | 0.01 | 0.38 | 0.47 | 84.6% |
| 1999-06-30 | 0.37 | 0.01 | 0.36 | 0.44 | 83.8% |
| 1999-03-31 | 0.30 | 0.01 | 0.29 | 0.37 | 80.0% |
| 1998-12-31 | 0.19 | 0.01 | 0.18 | 0.26 | 71.8% |
| 1998-09-30 | 0.15 | 0.01 | 0.14 | 0.22 | 66.2% |
| 1998-06-30 | 0.12 | 0.01 | 0.11 | 0.20 | 61.4% |