Rep. Michael Cloud (R-TX)
House · Republican (most recent term) · TX-27 · in Congress 2018–present · Bioguide ID C001115
Party history: R 2018–present. Source: term data in unitedstates/congress-legislators (CC0); party shown is as recorded per term there.
Estimated net worth (from public disclosures)
| Estimate | Report year | Low | Mid | High |
|---|---|---|---|---|
| (a) Estimated net worth before entering office (report year 2017) | 2017 | $124,012 | $254,506 | $385,000 |
| (b) Latest net worth estimate | 2025 | $316,014 | $615,507 | $915,000 |
| (c) Estimated gain / loss, nominal dollars, 2017 → 2025 (8 years spanned) | 2017–2025 | −$68,986 | +$361,001 | +$790,988 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Reliability flags (net worth): none for these two endpoints. Included in the recommended dollar-gain ranking.
Net worth by report year (mid; Low–High)
| Report year | Assets (mid) | Liabilities (mid) | Net worth mid | Low … High | Status / flags |
|---|---|---|---|---|---|
| 2017 | $254,506 | $0 | $254,506 | $124,012 … $385,000 | computed |
| 2018 | $212,006 | $0 | $212,006 | $89,012 … $335,000 | computed |
| 2019 | $163,006 | $0 | $163,006 | $61,012 … $265,000 | computed |
| 2020 | $236,506 | $0 | $236,506 | $103,012 … $370,000 | computed |
| 2021 | $359,006 | $0 | $359,006 | $173,012 … $545,000 | computed |
| 2022 | $287,006 | $0 | $287,006 | $139,013 … $435,000 | computed |
| 2023 | $287,006 | $0 | $287,006 | $139,013 … $435,000 | computed |
| 2024 | $458,506 | $0 | $458,506 | $237,013 … $680,000 | computed |
| 2025 | $615,507 | $0 | $615,507 | $316,014 … $915,000 | computed |
- What this is: Net worth = Schedule A assets (each value range at its midpoint; low–high range shown) minus Schedule D liabilities (midpoints / ranges). Low = assets at range floors minus liabilities at range ceilings; Mid = midpoints; High = assets at ceilings minus liabilities at floors. Low and High are outer bounds of the reported ranges, not likely outcomes.
- What it excludes / understates: exact values (only ranges are reported); a personal residence is not reported as an asset (although a mortgage on it may be listed as a liability, which then lowers the estimate); retirement and federal accounts (e.g. Thrift Savings Plan, defined-benefit pensions) are only partly or not reported; assets of excepted/blind trusts, cash held below reporting thresholds, vehicles, household goods and most spouse/dependent items exempt from reporting are not included; liabilities on a personal residence, revolving credit under thresholds and loans to family may be omitted by filers.
- Open-ended top ranges (e.g. “Over $50,000,000”) are counted at their lower bound and flagged, so such values are understated.
- The change is a change in estimated net worth in nominal dollars (no inflation adjustment). It includes salary, gifts, inheritances, business income and re-valuation as well as investment results, and it is subject to range-bracket noise; it is not an investment return and implies nothing about conduct.
2022 -42%
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +0.6% to +0.2%. This band is narrow because it moves both years together; the true uncertainty is larger — see the per-year “strict envelope” column and the limitations.
Estimated year-over-year change
Bars: midpoint estimate; whisker: same-position floor/ceiling band. Axis clipped to −100%…+150%. Years with insufficient traceable holdings are omitted.
| Year (t−1 → t) | Opening value (mid) | Closing value (mid) | Income (mid) | Buys (mid) | Sales (mid) | Est. gain | Same-position band | Strict envelope | Traced coverage | Status / flags |
|---|---|---|---|---|---|---|---|---|---|---|
| 2017→2018 | $0 | $0 | $0 | $0 | $0 | n/a | n/a … n/a | n/a … n/a | 0% | excluded; not eligible: traced prior-year value below $50,000 |
| 2018→2019 | $212,006 | $163,006 | $10,702 | $0 | $0 | -18.1% | -25.6% … -16.1% | -127% … +91% | 100% | counted |
| 2019→2020 | $155,006 | $220,505 | $701 | $0 | $0 | +42.7% | +36.5% … +68.7% | -96% … +181% | 95% | counted |
| 2020→2021 | $228,506 | $326,506 | $201 | $16,001 | $0 | +36.0% | +31.1% … +52.9% | -99% … +171% | 97% | counted |
| 2021→2022 | $351,006 | $204,006 | $701 | $0 | $0 | -41.7% | -48.7% … -39.4% | -126% … +43% | 98% | counted |
| 2022→2023 | $271,006 | $287,006 | $701 | $16,001 | $0 | +0.3% | +0.1% … +0.3% | -109% … +110% | 94% | counted |
| 2023→2024 | $174,002 | $205,002 | $600 | $16,001 | $0 | +9.0% | +5.0% … +10.6% | -95% … +113% | 61% | counted |
| 2024→2025 | $235,504 | $260,004 | $0 | $48,003 | $0 | -10.0% | -15.1% … +7.5% | -142% … +122% | 51% | excluded; not eligible: traced coverage 51% < 60% |
Filings used
Each annual-report year uses one filing (most recently filed version among originals/amendments whose Schedule A row count is ≥ 40% of the largest). Electronic (text) PDFs are parsed. Scanned/image-only filings are OCR-read and used only if they pass the explicit validation gates described in the project README (value/income coverage, two-engine agreement, exact bracket snapping, page completeness, year-to-year position continuity); such years are labelled OCR-derived below. Scanned filings that fail validation are listed as “insufficient data – scanned”.
| Report year | Doc ID | Type | Filed | Schedule A rows | Rows with unparsed value | Source (official filing) / SHA-256 |
|---|---|---|---|---|---|---|
| 2017 | 10025032 | House amendment | 1/8/2019 | 13 | 0 | 10025032.pdf41d612c52a09eec09e62bca7174ee620627458d08cb5bd864e0266bf38e5daf3 |
| 2018 | 10026740 | House annual | 5/15/2019 | 12 | 0 | 10026740.pdf6a7be28c998b882e4d40f27200f091a627ada1e13ff63344049039ac84b9efb1 |
| 2019 | 10036991 | House annual | 8/13/2020 | 12 | 0 | 10036991.pdf827dd0f5bb2862d010fcc7b5f22de215a878de7cbc79ec10a13f70fe54c4aee6 |
| 2020 | 10042165 | House annual | 8/12/2021 | 13 | 0 | 10042165.pdfa5d9c5d8d2f58b51080817bf4632c6545ef2af256932411959c212dcbbd8ce4a |
| 2021 | 10048398 | House annual | 5/16/2022 | 12 | 0 | 10048398.pdf1f69627cb5b87c357e7b31ba1c68e5c2b98b2bf8919ca6ee6ba093a6ec9fe0f8 |
| 2022 | 10053787 | House annual | 7/14/2023 | 13 | 0 | 10053787.pdf52830a7f3c99de424f41cee00faebf4b421c4e4f7f89435903852be75992748c |
| 2023 | 10059227 | House annual | 5/10/2024 | 13 | 0 | 10059227.pdf507116dcf790b67c917088af613361349db79feb9245125ffd810292b88115ae |
| 2024 | 10067265 | House annual | 5/13/2025 | 13 | 0 | 10067265.pdfd4f5471d26339238720e6a6f0446fc82f7da1b0622a3652479701b4370a9cd60 |
| 2025 | 10077004 | House annual | 8/5/2026 | 14 | 0 | 10077004.pdf0e316a6a31c2a7c9d2c831c2cd4d31febafe1a93e9d93ecce201b542b4850af7 |
Largest movers 2021→2022
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Roth IRA ⇒ The Growth Fund of America (AGTHX) [MF] | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| Roth IRA ⇒ New Perspectives Fund (ANWPX) [MF] | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| Roth IRA ⇒ The Growth Fund of America (AGTHX) [MF] | SP | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| Roth IRA ⇒ New Perspectives Fund (ANWPX) [MF] | SP | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| Roth IRA ⇒ American Mutual Fund (AMRMX) [MF] | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| Roth IRA ⇒ American Mutual Fund (AMRMX) [MF] | SP | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| OTHER INVESTMENTS ⇒ Precious Metals [CO] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Roth IRA ⇒ Capital Income Builder (CAIBX) [MF] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| OTHER INVESTMENTS ⇒ Precious Metals [CO] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Roth IRA ⇒ Capital Income Builder (CAIBX) [MF] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Roth IRA ⇒ Capital Income Builder (CAIBX) [MF] | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Roth IRA ⇒ The Growth Fund of America Class A Shares (AGTHX) [MF] | — | new | — | $1,001 - $15,000 | $8,000 | $0 |
| Roth IRA ⇒ New Perspectives Fund (ANWPX) [MF] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Roth IRA ⇒ The Growth Fund of America Class A Shares (AGTHX) [MF] | SP | new | — | $1,001 - $15,000 | $8,000 | $0 |
| Roth IRA ⇒ New Perspectives Fund (ANWPX) [MF] | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| BANK ⇒ Capital One accounts [BA] | — | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
Largest movers 2023→2024
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| BANK ⇒ Capital One accounts [BA] | — | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| OTHER INVESTMENTS ⇒ Precious Metals [CO] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| Roth IRA ⇒ The Growth Fund of America Class A Shares (AGTHX) [MF] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $8,000 | $0 |
| Roth IRA ⇒ The Growth Fund of America Class A Shares (AGTHX) [MF] | SP | held | $1,001 - $15,000 | $15,001 - $50,000 | $8,000 | $0 |
| RET ACCT ⇒ TEACHER RETIREMENT SYSTEM OF TEXAS [PE] | SP | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
Method (summary)
- Schedule A asset rows are read from each annual report; the dollar range for each row is converted to its midpoint. Open-ended top ranges (“Over $50,000,000”) are excluded from the traced set and counted as a coverage loss.
- Positions are matched year to year by owner code (self/SP/DC/JT) + normalised asset name. A position that appears only in year t is included only if Schedule B shows a purchase of it in year t (opening value 0); a position that disappears is included only if Schedule B shows a sale (closing value 0). Otherwise it is excluded as unexplained.
- Estimated gain = (closing − opening + reported income − purchases + sale proceeds) ÷ opening, all at midpoints, for the traced positions. “Capital gains” income is not added again (it is already in value change and sale proceeds).
- A year counts only if traced opening value ≥ $50,000 and traced coverage ≥ 60% of the opening midpoint. A member is ranked only with ≥ 3 such years (exactly 2 = “limited data”, shown but unranked). Average = geometric mean of (1+yearly estimate).
Limitations
- Ranges are wide (up to a factor of 5 or more, and up to $50M+ open-ended); a holding can move between ranges without any real change in value, and stay in a range while moving materially. Yearly estimates are therefore noisy; the “strict envelope” shows the mathematical worst/best case and is typically wider than ±100%.
- Purchases and sales are only disclosed as ranges and only for transactions over $1,000; partial sales, dividend reinvestment, spousal/dependent accounts and retirement-plan funds are reported inconsistently. Excepted/blind trusts, personal residences and certain pensions are not reported at all.
- Filers sometimes change how they list assets (e.g. listing a brokerage account vs. its individual holdings), which can make positions untraceable across years; these are excluded rather than guessed.
- Asset values in an annual report are as of Dec 31 of the reporting year; the report year t−1→t covers that calendar year. Late or amended filings are used when filed; extensions can delay them.
- The text of these reports is machine-parsed from PDFs; parse errors are possible. Every number links back to the cited filing. This is not investment advice.
- Use of these filings is restricted by 5 U.S.C. § 105(c) (no unlawful, commercial or credit-rating purpose, and none for solicitation of money).
Generated 2026-10-01 by an automated pipeline. Data: Office of the Clerk, U.S. House of Representatives (disclosures-clerk.house.gov); member roster: unitedstates/congress-legislators (CC0).