Onity (ONIT) Gross Margin (2010 - 2015)

Onity (ONIT) recorded quarterly Gross Margin of 97.86% in Q1 2015, up 6.95% quarter-over-quarter from 91.5% in Q4 2014, and up 640.0% on a YoY basis from 13.22% in Q1 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.

  • In Q1 2015, Gross Margin rose 640.0% year-over-year to 97.86%; the TTM figure through Mar 2015 stood at 94.82% (up 76.0% YoY), while the FY2014 annual figure was 93.21%, down 218.0% from the prior year.
  • Gross Margin was 97.86% for Q1 2015 at Onity, up from 91.5% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 98.27% in Q2 2012 to a low of 91.46% in Q1 2014.
  • Historically, Gross Margin has averaged 96.06% across 5 years, with a median of 97.08% in 2014.
  • The sharpest annual moves came in 2014 and 2015: Gross Margin slumped 490 bps in 2014, then soared 640 bps in 2015.
  • A 5-year view of Gross Margin shows it 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.
  • The last three Gross Margin figures came in at 97.86% (Q1 2015), 91.5% (Q4 2014), and 97.08% (Q3 2014), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Rocket Companies 34.85 Bn 32.16 Bn - -
2 PennyMac Financial Services 4.14 Bn 3.65 Bn 523.89 Mn 96.13%
3 Walker & Dunlop 1.73 Bn 1.55 Bn - -
4 UWM Holdings 743.45 Mn 1.57 Bn - -
5 Velocity Financial 668.42 Mn 583.96 Mn - -
6 CNFinance Holdings 591.78 Mn 542.97 Mn - -
7 Better Home & Finance Holding 419.52 Mn 349.24 Mn - -
8 Onity 306.24 Mn 306.24 Mn - -
9 loanDepot 209.70 Mn -4.79 Mn - -
10 Greystone Housing Impact Investors 120.06 Mn 120.06 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%