BFH vs FMCC
Bread Financial Holdings, Inc. and Federal Home Loan Mortgage Corp., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BFH | FMCC |
|---|---|---|
| Revenue | $3.8B | $23.3B |
| Net income | $518.0M | $10.7B |
| Gross margin | · | · |
| Net margin | 13.5% | 46.1% |
| Return on equity | 16.2% | 16.5% |
| Diluted EPS | $10.89 | $0.02 |
| Dividend / share | $0.86 | · |
| Payout ratio | 7.7% | · |
| Free cash flow | · | · |
| Equity | $3.3B | $70.4B |
| Net debt / equity | 0.21× | 2.87× |
| Current ratio | · | · |
| Revenue CAGR 5y | 3.1% | 6.9% |
| Profit CAGR 5y | 19.3% | 7.9% |
FMCC bills 6.1× the revenue of BFH, and keeps more of each dollar of revenue as profit (46.1% against 13.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
9 years side by side
| Fiscal year | BFH | FMCC |
|---|---|---|
| FY2025 | $3.8B | $23.3B |
| FY2024 | $3.8B | $23.9B |
| FY2023 | $4.3B | $21.2B |
| FY2022 | $3.8B | $21.3B |
| FY2021 | $3.3B | $22.0B |
| FY2020 | $3.3B | $16.7B |
| FY2019 | $4.0B | $14.1B |
| FY2018 | $5.7B | $15.6B |
| FY2017 | $5.5B | $21.1B |
Bottom line
| Fiscal year | BFH | FMCC |
|---|---|---|
| FY2025 | $518.0M | $10.7B |
| FY2024 | $277.0M | $11.9B |
| FY2023 | $718.0M | $10.5B |
| FY2022 | $223.0M | $9.3B |
| FY2021 | $801.0M | $12.1B |
| FY2020 | $214.0M | $7.3B |
| FY2019 | $278.0M | $7.2B |
| FY2018 | $963.1M | $9.2B |
| FY2017 | $788.7M | $5.6B |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$19,426,000,000 | FMCC |
| FY2024 | −$20,074,000,000 | FMCC |
| FY2023 | −$16,940,000,000 | FMCC |
| FY2022 | −$17,438,000,000 | FMCC |
| FY2021 | −$18,679,000,000 | FMCC |
| FY2020 | −$13,361,000,000 | FMCC |
| FY2019 | −$10,028,000,000 | FMCC |
| FY2018 | −$9,903,400,000 | FMCC |
| FY2017 | −$15,582,300,000 | FMCC |
FMCC has reported the higher revenue in every one of these 9 fiscal years. The gap has widened since the earliest year compared.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −32.6 pp | FMCC |
| FY2024 | −42.4 pp | FMCC |
| FY2023 | −32.9 pp | FMCC |
| FY2022 | −38.0 pp | FMCC |
| FY2021 | −30.7 pp | FMCC |
| FY2020 | −37.5 pp | FMCC |
| FY2019 | −44.4 pp | FMCC |
| FY2018 | −42.3 pp | FMCC |
FMCC has kept the higher net margin in every one of these 8 fiscal years.
8 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BFH's net margin has been more volatile than FMCC's over the 8 comparable fiscal years — 6.3 percentage points of standard deviation against 5.1.
8 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
FMCC led in net margin in every one of the 8 comparable fiscal years — a structural lead, not a recent swing.
8 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
FMCC's return on equity has been more volatile than BFH's over the 9 comparable fiscal years — 54.8 percentage points of standard deviation against 11.2.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BFH and FMCC over these 9 fiscal years — BFH led in 1 and FMCC in 8.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.