Velocity Financial (VEL) Long-Term Debt Repayments (2021 - 2024)
Velocity Financial's (VEL) quarterly Long-Term Debt Repayments came in at $74.3 million in 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.
- On a quarterly basis, Long-Term Debt Repayments changed N/A year-over-year to $74.3 million in Q1 2024; TTM through Dec 2024 was $74.3 million, a N/A change from a year earlier, with the FY2024 full-year figure at $74.3 million, changed N/A from the prior year.
- Long-Term Debt Repayments slipped to $74.3 million in Q1 2024 per VEL's latest filing, from $215.0 million in the prior quarter.
- Across five years, Long-Term Debt Repayments topped out at $215.0 million in Q1 2022 and bottomed 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.
- Biggest YoY gain for Long-Term Debt Repayments was 53.57% in 2022; the steepest drop was 53.57% in 2022.
- Year by year, Long-Term Debt Repayments stood at $35.0 million in 2021, then surged by 514.29% to $215.0 million in 2022, then slumped by 65.44% to $74.3 million in 2024.
- Per Business Quant, the three latest VEL Long-Term Debt Repayments figures stand at $74.3 million (Q1 2024), $215.0 million (Q1 2022), and $35.0 million (Q2 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Debt Repayments (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | -2.05 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 | - |
| 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, 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 |