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8. Fannie Mae
Fannie Mae
Get Quote: FNMA
Financials: Latest Results
Rank: 8 (Previous rank: 5)
CEO: Michael J. Williams
Was this company a 2011 top stock?

Last year, Fannie Mae catapulted from No. 81 on the Fortune 500 to No. 5, thanks to new accounting rules. On this year's list, the government-controlled mortgage giant slipped to No. 8 after revenues fell by more than 10% to $137.5 billion. Losses for the year grew to $16.9 billion from $14 billion in 2010.

Fannie Mae continues to be dragged down by its portfolio of loans dating back to the pre-housing crash heyday. The lender has borrowed $116 billion from the government so far, and at the end of last year it sought an additional $4.6 billion to help cover its operating losses. It's difficult to see a turnaround on the horizon.

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Key financials $ millions % change
from 2010
Revenues 137,451.0 -10.6
Profits -16,855.0 N.A.
Assets 3,211,484.0 —
Stockholders' equity -4,624.0 —
Market value (3/29/2012) 344.5 —
Profits as % of  
Revenues -12.3
Assets -0.5
Stockholders' equity N.A.
Earnings per share  
2011 $ -4.61
% change from 2010 N.A.
2001-2011 annual growth rate % N.A.
Total return to investors %
2011 -32.9
2001-2011 annual rate -44.0
Rank Company 500
rank		 Revenues
($ millions)
1 General Electric 6 147,616.0
2 Fannie Mae 8 137,451.0
3 Freddie Mac 25 88,262.0
4 INTL FCStone 30 75,497.6
5 Marsh & McLennan 231 11,526.0
6 Aon 235 11,287.0
7 Ameriprise Financial 248 10,621.0
8 SLM 426 5,756.0
Issue date: May 21, 2012
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.
Galleries and more
Headquarters
MAPS
Fannie Mae
3900 Wisconsin Ave. N.W.
Washington, DC 20016
202-752-7000
www.fanniemae.com
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Fortune 500+
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FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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