Onity (ONIT) Gross Margin (2010 - 2015)

Onity's (ONIT) quarterly Gross Margin came in at 97.86% in Q1 2015, up 640.0% year-on-year from 13.22% in Q1 2014, and up 6.95% quarter-over-quarter from 91.5% in Q4 2014.

Onity (ONIT) Gross Margin (2010 - 2015) Analysis & Trends

Onity's Gross Margin history runs 6 years deep, the most recent figure standing at 97.86% for Q1 2015.

  • On a quarterly basis, Gross Margin rose 640.0% year-over-year to 97.86% in Q1 2015; TTM through Mar 2015 was 94.82%, a 76.0% increase from a year earlier, with the FY2014 full-year figure at 93.21%, down 218.0% from the prior year.
  • Gross Margin advanced to 97.86% in Q1 2015 per ONIT's latest filing, from 91.5% in the prior quarter.
  • Across five years, Gross Margin topped out at 98.27% in Q2 2012 and bottomed at 91.46% in Q1 2014.
  • The 5-year median for Gross Margin is 97.08% (2014), against an average of 96.06%.
  • Across the five-year window, Gross Margin slumped 490 bps in 2014 and surged 640 bps in 2015, its largest moves.
  • Year by year, Gross Margin stood at 97.5% in 2011, then retreated by 1 bps to 96.61% in 2012, then dropped by 2 bps to 94.94% in 2013, then decreased by 4 bps to 91.5% in 2014, then advanced by 7 bps to 97.86% in 2015.
  • Per Business Quant, the three latest ONIT Gross Margin figures stand at 97.86% (Q1 2015), 91.5% (Q4 2014), and 97.08% (Q3 2014).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (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 96.13%
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 - -
10 Onity 340.51 Mn 215.81 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2015 97.86%
Dec 31, 2014 91.50%
Sep 30, 2014 97.08%
Jun 30, 2014 92.86%
Mar 31, 2014 91.46%
Dec 31, 2013 94.94%
Sep 30, 2013 95.09%
Jun 30, 2013 94.78%
Mar 31, 2013 96.36%
Dec 31, 2012 96.61%
Sep 30, 2012 97.72%
Jun 30, 2012 98.27%
Mar 31, 2012 97.25%
Dec 31, 2011 97.50%
Sep 30, 2011 97.48%
Jun 30, 2011 98.13%
Mar 31, 2011 98.04%
Dec 31, 2010 98.11%
Sep 30, 2010 97.02%
Jun 30, 2010 97.29%