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| 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% |