Since our creation in 1970, Freddie Mac's public mission has been to provide liquidity, stability and affordability to the U.S. housing market in all parts of the country and in all economic conditions. Never has this mission been more important than today. Freddie Mac (Federal Home Loan Mortgage Corporation) is supporting the nation's housing recovery, providing access to affordable homeownership and rental housing, helping borrowers avoid foreclosure and stabilizing communities. Today Freddie Mac is making home possible for one in four homebuyers and is one of the largest sources of financing for multifamily housing.
Type
Public
HQ
McLean, US
Founded
1970
Size (employees)
5,959 (est)
Freddie Mac was founded in 1970 and is headquartered in McLean, US
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Key People/Management at Freddie Mac

Donald Layton

Donald Layton

Chief Executive Officer
David Brickman

David Brickman

Executive Vice President, Multifamily Business
Stacey Goodman

Stacey Goodman

Executive Vice President and Chief Information Officer
Anil Hinduja

Anil Hinduja

Executive Vice President and Chief Enterprise Risk Officer
Michael Hutchins

Michael Hutchins

Executive Vice President, Investments and Capital Markets
David Lowman

David Lowman

Executive Vice President, Single-Family Business
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Freddie Mac Office Locations

Freddie Mac has offices in New York, Los Angeles, Carrollton, Chicago and in 6 other locations
McLean, US (HQ)
8200 Jones Branch Dr
Carrollton, US
5000 Plano Pkwy
Chicago, US
2500 333 W Wacker Dr
Herndon, US
544 Herndon Pkwy
Los Angeles, US
Citigroup center 444 S Flower St
McLean, US
8000 Jones Branch Dr
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Freddie Mac Financials and Metrics

Freddie Mac Financials

Freddie Mac's revenue was reported to be $65.67 b in FY, 2016 which is a 3.4% increase from the previous period.
USD

Revenue (Q1, 2018)

18.8 b

Net income (Q1, 2018)

2.9 b

EBIT (Q1, 2018)

3 b

Market capitalization (12-Jul-2017)

1.5 b

Closing share price (12-Jul-2017)

2.2

Cash (31-Mar-2018)

8.6 b
Freddie Mac's current market capitalization is $1.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

81.2 b69.4 b63.5 b65.7 b

Revenue growth, %

(15%)(8%)3%

Cost of goods sold

55.8 b54.9 b

Gross profit

25.4 b14.5 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

19.6 b20.8 b16 b18 b14.7 b19.2 b12.9 b13.4 t14.4 t16.8 t17.4 b16.6 b18.8 b

Cost of goods sold

13.6 b14.1 b13.9 b13.5 b13.1 b12.6 b13 b

Gross profit

6.1 b6.7 b2.2 b4.5 b1.6 b6.6 b(45 m)

Gross profit Margin, %

31%32%14%25%11%34%0%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

11.3 b10.9 b5.6 b12.4 b6.8 b

Accounts Receivable

6.2 b6 b6.1 b6.1 b

Total Assets

2 t1.9 t2 t2 t2 t

Accounts Payable

6.8 b6.3 b6.2 b6 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

9.5 b10.6 b4.7 b16.2 b10.4 b5.5 b5 b6.2 b8.1 b3.9 b10.7 b6.7 b8.6 b

Total Assets

2 t1.9 t1.9 t1.9 t2 t2 t2 t2 t2 t2 t2 t2 t2 t

Total Liabilities

2 t1.9 t1.9 t1.9 t2 t1.9 t2 t2 t2 t2 t2 t2 t2 t

Retained Earnings

(47.9 b)(76.1 b)(79.3 b)(79.1 b)(82 b)(78.5 b)(82.9 b)(82.9 b)(81.9 b)(80.5 b)(80.2 b)(80.8 b)(80.4 b)
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

48.7 b7.7 b6.4 b7.8 b5.6 b

Accounts Payable

(849 m)(440 m)(43 m)(52 m)273 m

Cash From Operating Activities

18.5 b8.9 b(934 m)4.9 b5.5 b

Cash From Investing Activities

391.3 b205.3 b178.9 b169.2 b151.4 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

40.1 b4 b5.4 b7.5 b524 m

Accounts Payable

(1.1 b)(461 m)(280 m)(565 m)(178 m)

Cash From Operating Activities

9.4 b4.2 b11 b11.3 b(3.5 b)(4.1 b)4.1 b5.1 b54 m1.3 b4.6 b

Cash From Investing Activities

322 b84.6 b121 b182 b50.6 b58 b79.5 b105 b35.8 b78.1 b52 b
USDY, 2018

Financial Leverage

940.7 x
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