31 of 500
Freddie Mac
Freddie Mac
31
Financials: Latest Results
Rank: 31
Previous rank: 25
CEO: Donald H. Layton

The government-controlled mortgage servicer is now suffering from an embarrassment of riches. As the U.S. housing market improves and the economy stumbles toward recovery, Freddie Mac announced in late February that it earned a record-breaking $11 billion in profits for 2012. The year’s results marked an end to the company’s five-year losing streak. Now that Freddie is in the black, it has to up its payments to Uncle Sam for the $71.3 billion rescue package it received from the Treasury Department during the financial crisis. Under newly adopted rules, Freddie Mac will need to devote all of its profits to dividend payments to the government.

Headquarters:
8200 Jones Branch Dr.
McLean, VA. 22102
703-903-2000
Website: www.freddiemac.com
Network with Freddie Mac
Key financials
$ millions
% change from 2011
Revenues
80,635
-8.6
Profits
10,982
N.A.
Assets
1,989,856
Stockholder's equity
8,827
Market cap (on 3/29/2013)
440.1
Profits as % of
Revenues
13.6
Assets
0.6
Stockholders' equity
124.4
Earnings per share
2012$
-0.64
% change from 2011
N.A.
2002-2012 annual growth rate %
N.A.
Total return to investors
%
2012
24.1
2002-2012 annual rate
-40.9
From the May 20, 2013 issue

Notes:
Company's senior preferred stock is owned by the U.S. Treasury, which also holds a warrant to purchase 79.9% of the common stock.
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Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. More
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