Velocity Financial (VEL) Property, Plant & Equipment (Net) (2019 - 2026)
Velocity Financial's Property, Plant & Equipment (Net) was $1.29 million in Q2 2026, down 16.1% from $1.54 million a year earlier and down 2.5% from the prior quarter.
Velocity Financial (VEL) Property, Plant & Equipment (Net) (2019 - 2026) Analysis & Trends
At the end of FY2025, Property, Plant & Equipment (Net) at Velocity Financial came in at $1.42 million, down 14.2% from FY2024.
- Property, Plant & Equipment (Net) has now declined for six consecutive years, with a five-year compound annual growth rate of -19.3% (FY2020 to FY2025).
- In earlier years, Property, Plant & Equipment (Net) was $1.65 million in FY2024 (-40.8%), $2.79 million in FY2023 (-17.0%), $3.36 million in FY2022 (-12.4%) and $3.83 million in FY2021 (-7.6%).
- The Q2 2026 figure marks the lowest quarterly Property, Plant & Equipment (Net) in data going back to Q4 2019.
- Compared with a year earlier, Property, Plant & Equipment (Net) has declined for 15 straight quarters, with an average decline of 22.7% over the last eight quarters.
- The best year-over-year quarter for Property, Plant & Equipment (Net) over five years was Q3 2022 (growth of 4.4%); the worst was Q3 2024 (a decline of 40.8%).
- Per Business Quant data, VEL's Property, Plant & Equipment (Net) in the three quarters before Q2 2026 was $1.32 million (Q1 2026), $1.42 million (Q4 2025) and $1.48 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | 277.00 Mn |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | 685.83 Mn |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | - |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | 8.60 Bn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | - |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | - |
| 10 | Velocity Financial | 573.29 Mn | 222.69 Mn | - | 1.29 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.29 Mn |
| Mar 31, 2026 | 1.32 Mn |
| Dec 31, 2025 | 1.42 Mn |
| Sep 30, 2025 | 1.48 Mn |
| Jun 30, 2025 | 1.54 Mn |
| Mar 31, 2025 | 1.59 Mn |
| Dec 31, 2024 | 1.65 Mn |
| Sep 30, 2024 | 1.69 Mn |
| Jun 30, 2024 | 1.91 Mn |
| Mar 31, 2024 | 2.01 Mn |
| Dec 31, 2023 | 2.79 Mn |
| Sep 30, 2023 | 2.86 Mn |
| Jun 30, 2023 | 3.02 Mn |
| Mar 31, 2023 | 3.21 Mn |
| Dec 31, 2022 | 3.36 Mn |
| Sep 30, 2022 | 3.50 Mn |
| Jun 30, 2022 | 3.63 Mn |
| Mar 31, 2022 | 3.69 Mn |
| Dec 31, 2021 | 3.83 Mn |
| Sep 30, 2021 | 3.35 Mn |
Velocity Financial Property, Plant & Equipment (Net) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=VEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "ticker": "VEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=VEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();