Onity (ONIT) Gross Margin (2010 - 2015)
Onity (ONIT) posted quarterly Gross Margin of 97.86% for Q1 2015, up 640.0% year-over-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.
- 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 for Q1 2015 stood at 97.86%, 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.
- The 5-year median for Gross Margin is 97.08% (2014), against an average of 96.06%.
- The sharpest annual moves came in 2014 and 2015: Gross Margin sank 490 bps in 2014, then surged 640 bps in 2015.
- Onity's Gross Margin stood at 97.5% in 2011, then fell by 1 bps to 96.61% in 2012, then slipped by 2 bps to 94.94% in 2013, then retreated by 4 bps to 91.5% in 2014, then gained by 7 bps to 97.86% in 2015.
- Business Quant data shows ONIT's Gross Margin at 97.86% in Q1 2015, 91.5% in Q4 2014, and 97.08% in Q3 2014.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.89 Bn | 36.79 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 36.43 Bn | 36.43 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.24 Bn | 13.92 Bn | - | - |
| 4 | PennyMac Financial Services | 3.95 Bn | 3.20 Bn | 480.08 Mn | 96.60% |
| 5 | CNFinance Holdings | 1.54 Bn | 1.47 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | - |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | - |
| 8 | UWM Holdings | 482.66 Mn | -15.75 Mn | - | - |
| 9 | Onity | 303.97 Mn | 107.67 Mn | - | - |
| 10 | loanDepot | 201.58 Mn | -109.56 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% |