Onity (ONIT) Depreciation and Depletion (2010 - 2023)

Onity's (ONIT) quarterly Depreciation and Depletion came in at $1.5 million in Q3 2023, down 40.0% year-on-year from $2.5 million in Q3 2022, and down 6.25% quarter-over-quarter from $1.6 million in Q2 2023.

Onity (ONIT) Depreciation and Depletion (2010 - 2023) Analysis & Trends

Onity's Depreciation and Depletion history runs 14 years deep, the most recent figure standing at $1.5 million for Q3 2023.

  • On a quarterly basis, Depreciation and Depletion fell 40.0% year-over-year to $1.5 million in Q3 2023; TTM through Sep 2023 was $7.8 million, a 25.52% decrease from a year earlier, with the FY2022 full-year figure at $10.5 million, up 1.94% from the prior year.
  • Depreciation and Depletion fell to $1.5 million in Q3 2023 per ONIT's latest filing, from $1.6 million in the prior quarter.
  • Across five years, Depreciation and Depletion topped out at $11.0 million in Q2 2019 and bottomed at $1.5 million in Q3 2023.
  • The 5-year median for Depreciation and Depletion is $2.9 million (2021), against an average of $4.0 million.
  • Across the five-year window, Depreciation and Depletion jumped 80.08% in 2019 and tumbled 68.87% in 2021, its largest moves.
  • Year by year, Depreciation and Depletion stood at $5.9 million in 2019, then sank by 37.16% to $3.7 million in 2020, then declined by 25.09% to $2.8 million in 2021, then gained by 4.58% to $2.9 million in 2022, then tumbled by 48.28% to $1.5 million in 2023.
  • Per Business Quant, the three latest ONIT Depreciation and Depletion figures stand at $1.5 million (Q3 2023), $1.6 million (Q2 2023), and $1.8 million (Q1 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Rocket Companies 38.33 Bn 35.64 Bn - -
2 Federal National Mortgage Association Fannie Mae 35.67 Bn 35.67 Bn - -
3 Federal Home Loan Mortgage 18.11 Bn 13.64 Bn - -
4 PennyMac Financial Services 4.41 Bn 3.76 Bn 523.89 Mn -
5 CNFinance Holdings 3.28 Bn 3.20 Bn - -
6 Walker & Dunlop 1.64 Bn 1.44 Bn - -
7 Velocity Financial 681.36 Mn -6.51 Bn - -
8 UWM Holdings 540.43 Mn 116.43 Mn - -
9 Better Home & Finance Holding 362.34 Mn 298.07 Mn - 244,000.00
10 Onity 340.51 Mn 215.81 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2023 1.50 Mn
Sep 30, 2023 1.50 Mn
Jun 30, 2023 1.60 Mn
Jun 30, 2023 1.60 Mn
Mar 31, 2023 1.80 Mn
Mar 31, 2023 1.80 Mn
Dec 31, 2022 2.90 Mn
Dec 31, 2022 2.90 Mn
Sep 30, 2022 2.50 Mn
Sep 30, 2022 2.50 Mn
Jun 30, 2022 2.60 Mn
Jun 30, 2022 2.60 Mn
Mar 31, 2022 2.60 Mn
Mar 31, 2022 2.60 Mn
Dec 31, 2021 2.77 Mn
Dec 31, 2021 2.77 Mn
Sep 30, 2021 2.46 Mn
Sep 30, 2021 2.46 Mn
Jun 30, 2021 2.21 Mn
Jun 30, 2021 2.21 Mn