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AGNC Investment (AGNC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

AGNC Investment
NasdaqGS•Real Estate•REIT - Mortgage
$8.78-0.06(-0.01%)Market open
Market Cap
$10.24B
P/E
99.4x
P/S
8.3x
P/B
0.9x

AGNC Investment Corp. provides private capital to housing market in the United States. It invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by the United States government-sponsored enterprise or by the United States government agency. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal or state corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as American Capital Agency Corp. and changed its name to AGNC Investment Corp. in September 2016. AGNC Investment Corp. was incorporated in 2008 and is headquartered in Bethesda, Maryland.

D

How this company scores

WeakMetricSide Score: 68/100

Grade capped at D — Interest coverage below 1× (0.4x) — earnings cannot cover interest. Strongest: Growth (22/25); weakest: Balance Sheet & Red Flags (8/25).

Profitability19/25
Growth22/25
Balance Sheet & Red Flags8/25
Cash & Earnings Quality19/25
Strengths
Growing revenueRising free cash flowStrong marginsRising earnings
Grade capped at D
  • Interest coverage below 1× (0.4x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 99.4x5y range 5.6x – 202.6x
P/E 99.4x · above its 15-quarter median

Currently above its 15-quarter median.

P/S · 8.3x5y range 3.9x – 402.6x
P/S 8.3x · below its 15-quarter median

Currently below its 15-quarter median.

P/B · 0.9x5y range 0.6x – 1.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.1x) — earnings may be inflated by non-cash items or aggressive accounting.

Share Dilution

Red Flag

Shares outstanding increased 53.2% — significant dilution, likely from stock compensation or capital raises.

Price & Volume
Market Cap $10.24B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$1.23B
7Q
Q. Revenue
$402.00M
172%
TTM EBITDA
$966.00M
7Q
TTM Op. Income
$966.00M
7Q
Q. Op. Income
$346.00M
293%
TTM Net Income
$103.00M
88%
Q. Net Income
$-1.36B
268%
EPS
$-1.17
260%
Shares Out.
$1.20B
7Q
$1.23B in TTM revenue grew 111.0% YoY, reaching $402.00M last quarter. TTM EBITDA of $966.00M and TTM operating income of $966.00M show growth is flowing through to the bottom line. TTM net income of $103.00M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin
86.1%
4Q
Op. Margin
86.1%
4Q
Net Margin
-337.6%
162%
Op. margin of 86.1% is up 26.6% YoY — cost efficiency is improving. Net margin at -337.6% Across the last 8 quarters, operating margin has risen for 4 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
99.4x
704%
P/S Ratio
8.3x
7Q
P/B Ratio
0.9x
2%
At 99.4x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 8.3x and P/B of 0.9x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 704% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$133.43B
7Q
Cash
$468.00M
4%
Long-Term Debt
N/A
4Q
Book Value
$11.56B
1%
D/E Ratio
N/A
4Q
Debt/EBITDA
0.0
100%

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$404.00M
164%
TTM Free Cash Flow
$1.14B
7Q
FCF Margin
92.3%
11%
FCF / Net Income
11.0
1432%
TTM FCF of $1.14B on $404.00M in operating cash flow. The FCF / Net Income ratio of 11.0x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 7 consecutive quarters — an improving trend.

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· near its 20-quarter median

Currently near its 20-quarter median.