15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 13.8% per year over the past 5 years.
Net income has grown faster than revenue (14.9% vs 13.8% per year).
Free cash flow has grown 8.1% per year over the past 5 years.
Financial health
Total debt has grown slower than revenue (-0.4% vs 13.8% per year).
Shareholder returns
Dividends have been paid for 12 consecutive years, consuming 31.2% of earnings and 26.4% of free cash flow.
The dividend has grown 22.4% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$14M
$18M
0.0%
0.0%
$21M
—
$161M
2024
$14M
$7M
0.0%
0.0%
-$26M
—
$163M
2023
$10M
$10M
0.0%
0.0%
$15M
—
$87M
2022
$10M
$17M
0.0%
0.0%
$26M
—
—
2021
$9M
$10M
0.0%
0.0%
$7M
—
—
2020
$7M
$9M
0.0%
0.0%
$14M
—
—
2019
$8M
$10M
0.0%
0.0%
$11M
—
—
2018
$8M
$10M
0.0%
0.0%
$12M
—
$29M
2017
—
$6M
—
—
$5M
—
$40M
2016
—
$6M
—
—
$8M
—
$41M
2015
—
$3M
—
—
—
—
$39M
2014
—
$8M
—
—
—
—
$25M
2013
—
$10M
—
—
$8M
$6M
$32M
2012
—
$3M
—
—
$12M
$6M
$31M
2011
—
-$11M
—
—
$10M
—
$30M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$3M
$5M
0.0%
0.0%
$6M
—
$188M
Dec '25
$3M
$6M
0.0%
0.0%
$7M
—
$161M
Sep '25
$4M
$6M
0.0%
0.0%
$7M
—
$189M
Jun '25
$3M
$5M
0.0%
0.0%
$4M
—
$194M
Mar '25
$3M
$2M
0.0%
0.0%
$3M
—
$206M
Dec '24
$7M
-$933000
0.0%
0.0%
-$38M
—
$163M
Sep '24
$3M
$2M
0.0%
0.0%
$5M
—
$127M
Jun '24
$3M
$2M
0.0%
0.0%
$3M
—
$136M
Mar '24
$3M
$3M
0.0%
0.0%
$4M
—
—
Dec '23
$2M
-$851000
0.0%
0.0%
$4M
—
$87M
Sep '23
$3M
$3M
0.0%
0.0%
$3M
—
—
Jun '23
$3M
$4M
0.0%
0.0%
$3M
—
—
Mar '23
$2M
$4M
0.0%
0.0%
$4M
—
—
Dec '22
$2M
$5M
0.0%
0.0%
$9M
—
—
Sep '22
$3M
$4M
0.0%
0.0%
$4M
—
—
Jun '22
$3M
$4M
0.0%
0.0%
$3M
—
—
Mar '22
$2M
$4M
0.0%
0.0%
$8M
—
—
Dec '21
$3M
$2M
0.0%
0.0%
-$5M
—
—
Sep '21
$2M
$2M
0.0%
0.0%
$13M
—
—
Jun '21
$2M
$3M
0.0%
0.0%
-$6M
—
—
Valuation over time
How the market has priced FXNC against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 8.3× (Mar '23) to 15.3× (Jun '26).
The price-to-sales ratio has risen from 13.9× (Mar '23) to 18.9× (Jun '26).
The dividend yield has fallen from 2.4% (Mar '23) to 2.0% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is FXNC growing its revenue and profit?
Over the past 5 years, FIRST NATIONAL CORP /VA/'s revenue has grown 13.8% per year, and net income grown 14.9% per year. These are computed facts, not advice.
How much debt does FXNC have?
As of FY2025, FIRST NATIONAL CORP /VA/ reported — of total debt against $161M of cash.
What is FXNC's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 123.9%.
What is FXNC's P/E ratio?
As of Jun '26, FIRST NATIONAL CORP /VA/ traded at a price-to-earnings ratio of about 15.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.