Ocwen Financial (STU:OW0A) COGS-to-Revenue : 0.53 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Ocwen Financial COGS-to-Revenue?

Ocwen Financial's Cost of Goods Sold for the three months ended in Mar. 2024 was €125 Mil. Its Revenue for the three months ended in Mar. 2024 was €236 Mil.

Ocwen Financial's COGS to Revenue for the three months ended in Mar. 2024 was 0.53.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ocwen Financial's Gross Margin % for the three months ended in Mar. 2024 was 47.00%.

Ocwen Financial COGS-to-Revenue Historical Data

The historical data trend for Ocwen Financial's COGS-to-Revenue 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.

* Premium members only.

Ocwen Financial COGS-to-Revenue Chart

Ocwen Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.47

0.46

0.52

0.54

0.49

Ocwen Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.49	0.49	0.52	0.46	0.53

Ocwen Financial COGS-to-Revenue Calculation

Ocwen Financial's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	513.612	/	1049.598
	=	0.49

Ocwen Financial's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	125.12	/	236.072
	=	0.53

Ocwen Financial (STU:OW0A) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Ocwen Financial's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	125.12 / 236.072
	=	47.00 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Ocwen Financial COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Ocwen Financial's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Ocwen Financial (STU:OW0A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ocwen Financial Corp (STU:OW0A) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

OCN:USA

Address

1661 Worthington Road, Suite 100, West Palm Beach, FL, USA, 33409

Website

https://www.ocwen.com

Ocwen Financial Corp is a financial service company that services and originates loans. Its business segment includes Servicing and Lending. Servicing segment provides residential and commercial mortgage loan servicing, special servicing and asset management services. Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans mainly through correspondent lending arrangements, broker relationships and directly with mortgage customers. The company generates a majority of its revenue from the Servicing segment. Geographically, it generates a majority of its revenue from the United States.

Ocwen Financial (STU:OW0A) Headlines

No Headlines