Velocity Financial (VEL) Long-Term Debt Repayments (2021 - 2024)
Velocity Financial (VEL) posted Long-Term Debt Repayments of $74.3 million for Q1 2024, down 65.44% on a QoQ basis from $215.0 million in Q1 2022.
Analysis
Velocity Financial (VEL) Long-Term Debt Repayments (2021 - 2024) Analysis & Trends
Velocity Financial has reported Long-Term Debt Repayments for 3 years, with the latest figure at $74.3 million in 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 was $74.3 million for Q1 2024 at Velocity Financial, 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.
- Average Long-Term Debt Repayments over 3 years is $116.1 million, with a median of $107.2 million recorded in 2021.
- The largest YoY upside for Long-Term Debt Repayments was 53.57% in 2022 against a maximum downside of 53.57% in 2022.
- Over 3 years, Long-Term Debt Repayments stood at $35.0 million in 2021, then soared by 514.29% to $215.0 million in 2022, then tumbled by 65.44% to $74.3 million in 2024.
- The last three Long-Term Debt Repayments figures came in at $74.3 million (Q1 2024), $215.0 million (Q1 2022), and $35.0 million (Q2 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Debt Repayments (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - | 757.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - | - |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn | 2.59 Bn |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn | - |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - | - |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - | - |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - | - |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - | - |
| 10 | Onity | 266.14 Mn | 69.84 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 74.31 Mn |
| Mar 31, 2022 | 215.00 Mn |
| Jun 30, 2021 | 35.00 Mn |
| Mar 31, 2021 | 140.00 Mn |