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Onity Group (STU:OW0A) Pre-Tax Income : €11 Mil (TTM As of Mar. 2024)


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What is Onity Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Onity Group's pretax income for the three months ended in Mar. 2024 was €29 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was €11 Mil. Onity Group's pretax margin was 12.39%.

During the past 13 years, Onity Group's highest Pretax Margin was 2.49%. The lowest was -20.76%. And the median was -8.93%.


Onity Group Pre-Tax Income Historical Data

The historical data trend for Onity Group's Pre-Tax Income 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 Pre-Tax Income Chart

Onity Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -113.84 -86.89 -3.89 23.51 -53.28

Onity Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income 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 -35.77 15.05 8.90 -41.82 29.26

Competitive Comparison of Onity Group's Pre-Tax Income

For the Mortgage Finance subindustry, Onity Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Onity Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Onity Group's Pre-Tax Income falls into.



Onity Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

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

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=207.884+-261.253+0+0+0.091000000000001
=-53

Onity Group's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=67.344+-38.088+0+0+7.105427357601E-15
=29

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €11 Mil.

* 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  (STU:OW0A) Pre-Tax Income Explanation

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

Pretax Margin=Pretax Income/Revenue
=29.256/236.072
=12.39%

During the past 13 years, Onity Group's highest Pretax Margin was 2.49%. The lowest was -20.76%. And the median was -8.93%.

* 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 Pre-Tax Income Related Terms

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Onity Group (STU:OW0A) Business Description

Traded in Other Exchanges
Address
1661 Worthington Road, Suite 100, West Palm Beach, FL, USA, 33409
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.

Onity Group (STU:OW0A) Headlines

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