Onity (ONIT) Depreciation and Depletion (2011 - 2023)
Onity's Depreciation and Depletion came in at $1.5 million for Q3 2023, down 40.0% from $2.5 million a year earlier and down 6.3% from the prior quarter.
Onity (ONIT) Depreciation and Depletion (2011 - 2023) Analysis & Trends
Over the trailing twelve months to Sep 30, 2023, Onity reported Depreciation and Depletion of $7.8 million, down 25.5% year-over-year; for FY2022, it was $10.5 million, up 1.9% from FY2021.
- Depreciation and Depletion carries a five-year compound annual growth rate of -17.1% (FY2017 to FY2022).
- Going back by year, Depreciation and Depletion was $10.3 million in FY2021 (-46.1%), $19.1 million in FY2020 (-40.1%), $31.91 million in FY2019 (+17.3%) and $27.2 million in FY2018 (+1.2%).
- The Q3 2023 figure represents the lowest quarterly Depreciation and Depletion since Q4 2013.
- Year-over-year, Depreciation and Depletion has declined for three consecutive quarters, with an average decline of 14.9% over the last eight quarters.
- The fastest year-over-year change in Depreciation and Depletion over five years came in Q2 2019 (growth of 80.1%), and the weakest in Q2 2021 (a decline of 68.9%).
- Business Quant data shows ONIT's Depreciation and Depletion at $1.6 million (Q2 2023), $1.8 million (Q1 2023) and $2.9 million (Q4 2022) in the three quarters before Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 44.95 Bn | 30.63 Bn | - | - |
| 2 | Orix | 41.97 Bn | 42.47 Bn | - | - |
| 3 | Royalty Pharma | 33.14 Bn | 33.05 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.99 Bn | 24.99 Bn | - | - |
| 5 | Affirm Holdings | 23.75 Bn | 17.44 Bn | - | 86.30 Mn |
| 6 | Synchrony Financial | 23.25 Bn | -44.72 Bn | - | - |
| 7 | Royal Gold | 19.67 Bn | 18.90 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 14.04 Bn | 5.13 Bn | - | - |
| 9 | Ares Capital | 13.76 Bn | 11.19 Bn | - | - |
| 10 | Onity | 231.42 Mn | 231.42 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 1.50 Mn |
| Jun 30, 2023 | 1.60 Mn |
| Mar 31, 2023 | 1.80 Mn |
| Dec 31, 2022 | 2.90 Mn |
| Sep 30, 2022 | 2.50 Mn |
| Jun 30, 2022 | 2.60 Mn |
| Mar 31, 2022 | 2.60 Mn |
| Dec 31, 2021 | 2.77 Mn |
| Sep 30, 2021 | 2.46 Mn |
| Jun 30, 2021 | 2.21 Mn |
| Mar 31, 2021 | 2.86 Mn |
| Dec 31, 2020 | 3.70 Mn |
| Sep 30, 2020 | 4.31 Mn |
| Jun 30, 2020 | 7.10 Mn |
| Mar 31, 2020 | 4.00 Mn |
| Dec 31, 2019 | 5.89 Mn |
| Sep 30, 2019 | 6.46 Mn |
| Jun 30, 2019 | 11.01 Mn |
| Mar 31, 2019 | 8.55 Mn |
| Dec 31, 2018 | 9.00 Mn |
Onity Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=ONIT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "ONIT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=ONIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();