Velocity Financial (VEL) Long-Term Debt Repayments (2021 - 2024)
Velocity Financial (VEL) posted quarterly Long-Term Debt Repayments of $74.3 million for Q1 2024, down 65.44% quarter-over-quarter from $215.0 million in Q1 2022.
Velocity Financial (VEL) Long-Term Debt Repayments (2021 - 2024) Analysis & Trends
Velocity Financial's Long-Term Debt Repayments history runs 3 years deep, the most recent figure standing at $74.3 million for Q1 2024.
- In Q1 2024, Long-Term Debt Repayments changed N/A year-over-year to $74.3 million; the TTM figure through Dec 2024 stood at $74.3 million (changed N/A YoY), while the FY2024 annual figure was $74.3 million, changed N/A from the prior year.
- Long-Term Debt Repayments for Q1 2024 stood at $74.3 million, down from $215.0 million in the prior quarter.
- The five-year high for Long-Term Debt Repayments was $215.0 million in Q1 2022, with the low at $35.0 million in Q2 2021.
- The 3-year median for Long-Term Debt Repayments is $107.2 million (2021), against an average of $116.1 million.
- Peak annual rise in Long-Term Debt Repayments reached 53.57% in 2022, while the deepest fall reached 53.57% in 2022.
- Velocity Financial's Long-Term Debt Repayments stood at $35.0 million in 2021, then jumped by 514.29% to $215.0 million in 2022, then tumbled by 65.44% to $74.3 million in 2024.
- Business Quant data shows VEL's Long-Term Debt Repayments at $74.3 million in Q1 2024, $215.0 million in Q1 2022, and $35.0 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Debt Repayments (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.55 Bn | 36.45 Bn | - | 757.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 36.61 Bn | 36.61 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.43 Bn | 14.11 Bn | - | - |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | - |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | - |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | - |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - | - |
| 9 | Onity | 303.25 Mn | 106.95 Mn | - | - |
| 10 | loanDepot | 205.70 Mn | -105.44 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 74.31 Mn |
| Mar 31, 2024 | 74.31 Mn |
| Mar 31, 2022 | 215.00 Mn |
| Mar 31, 2022 | 215.00 Mn |
| Jun 30, 2021 | 35.00 Mn |
| Jun 30, 2021 | 35.00 Mn |
| Mar 31, 2021 | 140.00 Mn |
| Mar 31, 2021 | 140.00 Mn |