Onity (ONIT) Gross Margin (2010 - 2015)
Onity (ONIT) posted Gross Margin of 97.86% for Q1 2015, up 6.95% on a QoQ basis from 91.5% in Q4 2014, and up 640.0% year-over-year from 13.22% in Q1 2014.
Analysis
Onity (ONIT) Gross Margin (2010 - 2015) Analysis & Trends
Onity has reported Gross Margin for 6 years, with the latest figure at 97.86% in 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 was 97.86% for Q1 2015 at Onity, up from 91.5% in the prior quarter.
- The five-year high for Gross Margin was 98.27% in Q2 2012, with the low at 91.46% in Q1 2014.
- Average Gross Margin over 5 years is 96.06%, with a median of 97.08% recorded in 2014.
- The sharpest annual moves came in 2014 and 2015: Gross Margin sank 490 bps in 2014, then jumped 640 bps in 2015.
- Over 5 years, Gross Margin stood at 97.5% in 2011, then decreased by 1 bps to 96.61% in 2012, then declined by 2 bps to 94.94% in 2013, then slipped by 4 bps to 91.5% in 2014, then climbed 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Federal National Mortgage Association Fannie Mae | 79.20 Bn | 79.20 Bn | - | - |
| 2 | Rocket Companies | 37.40 Bn | 34.29 Bn | - | - |
| 3 | Figure Technology Solutions | 8.09 Bn | 6.55 Bn | 196.67 Mn | 87.18% |
| 4 | PennyMac Financial Services | 3.62 Bn | 2.87 Bn | 480.08 Mn | 96.60% |
| 5 | Federal Agricultural Mortgage | 2.44 Bn | 1.40 Bn | - | - |
| 6 | CNFinance Holdings | 1.37 Bn | 1.37 Bn | - | - |
| 7 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | - |
| 8 | Velocity Financial | 703.53 Mn | -6.75 Bn | - | - |
| 9 | UWM Holdings | 453.97 Mn | -44.44 Mn | - | - |
| 10 | Onity | 294.97 Mn | 98.67 Mn | - | - |
Historic Data
Download Data
Historic 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% |