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