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Onity Group (FRA:OW0A) Net Margin % : 7.37% (As of Sep. 2024)


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What is Onity Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Onity Group's Net Income for the three months ended in Sep. 2024 was €19 Mil. Onity Group's Revenue for the three months ended in Sep. 2024 was €261 Mil. Therefore, Onity Group's net margin for the quarter that ended in Sep. 2024 was 7.37%.

The historical rank and industry rank for Onity Group's Net Margin % or its related term are showing as below:

FRA:OW0A' s Net Margin % Range Over the Past 10 Years
Min: -22.01   Med: -8.53   Max: 2.57
Current: 1.31


FRA:OW0A's Net Margin % is ranked worse than
92.35% of 1542 companies
in the Banks industry
Industry Median: 24.535 vs FRA:OW0A: 1.31

Onity Group Net Margin % Historical Data

The historical data trend for Onity Group's Net Margin % 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.

Onity Group Net Margin % Chart

Onity Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.46 -4.12 1.68 2.57 -5.57

Onity Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.02 -16.10 11.73 3.90 7.37

Competitive Comparison of Onity Group's Net Margin %

For the Mortgage Finance subindustry, Onity Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Onity Group's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Onity Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Onity Group's Net Margin % falls into.



Onity Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Onity Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-58.413/1049.598
=-5.57 %

Onity Group's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=19.281/261.47
=7.37 %

* 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.


Onity Group  (FRA:OW0A) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Onity Group Net Margin % Related Terms

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Onity Group Business Description

Traded in Other Exchanges
Address
1661 Worthington Road, Suite 100, West Palm Beach, FL, USA, 33409
Onity Group Inc is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs. Liberty is one of the nation's largest reverse mortgage lenders dedicated to education and providing loans that help customers meet their personal and financial needs.

Onity Group Headlines

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