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| Date | Value |
|---|---|
| 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 |