Mr. Cooper Group (FRA:07WA) ROCE % : 11.14% (As of Mar. 2024)

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What is Mr. Cooper Group ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Mr. Cooper Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.14%.

Mr. Cooper Group ROCE % Historical Data

The historical data trend for Mr. Cooper Group's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mr. Cooper Group ROCE % Chart

Mr. Cooper Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.32

6.00

23.55

15.05

7.98

Mr. Cooper Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															2.43	11.20	15.63	3.60	11.14

Mr. Cooper Group ROCE % Calculation

Mr. Cooper Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	562.121	/	( ( (12060.544 - 5208.992)	+	(13017.732 - 5774.349) )	/ 2 )
	=	562.121	/	( (6851.552	+	7243.383)	/ 2 )
	=	562.121	/	7047.4675
	=	7.98 %

Mr. Cooper Group's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	864.8	/	( ( (13017.732 - 5774.349)	+	(13593 - 5315.76) )	/ 2 )
	=	864.8	/	( ( 7243.383	+	8277.24 )	/ 2 )
	=	864.8	/	7760.3115
	=	11.14 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Mr. Cooper Group (FRA:07WA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Mr. Cooper Group ROCE % Related Terms

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Mr. Cooper Group (FRA:07WA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mr. Cooper Group Inc (FRA:07WA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

COOP:USA 07WA:Germany

Address

8950 Cypress Waters Boulevard, Coppell, TX, USA, 75019

Website

https://www.mrcoopergroup.com

Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has two operating segments namely Servicing segment which performs operational activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, and customer service and The Originations segment originates residential mortgage loans through a direct-to-consumer channel, which provides refinance options for existing customers, and through a correspondent channel, which purchases or originates loans from mortgage bankers and brokers.

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