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CFC members can now download the CFC Fiscal Year (FY) 2026 Report to Members for an overview of CFC’s financial performance, member loan demand and support for the electric cooperative network.
During FY26, which ran from June 1, 2025, through May 31, 2026, total loans to members increased by $1.3 billion to $38.4 billion, reflecting continued demand for CFC financing.
CFC also maintained a strong financial position. Adjusted net income was $245 million, the adjusted times interest earned ratio (TIER) was 1.17 and the adjusted debt-to-equity ratio was approximately 7.46-to-1.*
“CFC continued to generate solid financial metrics in FY26. As the electric cooperative industry continues to evolve and grow, we are committed to innovating how we serve our member-owners while demonstrating strong financial performance,” said CFC CEO Andrew Don.
Review CFC’s FY26 performance and support for the electric cooperative network by downloading the CFC FY26 Report to Members from the CFC Member Website.
*CFC reported GAAP net income of $263 million, TIER of 1.18 and a debt-to-equity ratio of 10.85-to-1 for the fiscal year ended May 31, 2026. Please refer to our Form 10-K for the fiscal year ended May 31, 2026, as filed with the SEC and posted on the CFC website, for a discussion of why we believe our adjusted measures provide useful information in analyzing CFC’s financial performance and the reconciliation to the most comparable GAAP measures.