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COOP (Mr. Cooper Group) Return-on-Tangible-Asset : 5.10% (As of Mar. 2025)


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What is Mr. Cooper Group Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Mr. Cooper Group's annualized Net Income for the quarter that ended in Mar. 2025 was $352 Mil. Mr. Cooper Group's average total tangible assets for the quarter that ended in Mar. 2025 was $6,898 Mil. Therefore, Mr. Cooper Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 5.10%.

The historical rank and industry rank for Mr. Cooper Group's Return-on-Tangible-Asset or its related term are showing as below:

COOP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.7   Med: 2.67   Max: 11.65
Current: 9.65

During the past 13 years, Mr. Cooper Group's highest Return-on-Tangible-Asset was 11.65%. The lowest was -14.70%. And the median was 2.67%.

COOP's Return-on-Tangible-Asset is ranked better than
99.37% of 1589 companies
in the Banks industry
Industry Median: 0.89 vs COOP: 9.65

Mr. Cooper Group Return-on-Tangible-Asset Historical Data

The historical data trend for Mr. Cooper Group's Return-on-Tangible-Asset 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.

Mr. Cooper Group Return-on-Tangible-Asset Chart

Mr. Cooper Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 9.33 11.65 9.15 11.26

Mr. Cooper Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset 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 14.85 16.20 5.69 12.62 5.10

Competitive Comparison of Mr. Cooper Group's Return-on-Tangible-Asset

For the Mortgage Finance subindustry, Mr. Cooper Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Mr. Cooper Group's Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mr. Cooper Group's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Mr. Cooper Group's Return-on-Tangible-Asset falls into.


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Mr. Cooper Group Return-on-Tangible-Asset Calculation

Mr. Cooper Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=669/( (4937+6943)/ 2 )
=669/5940
=11.26 %

Mr. Cooper Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=352/( (6943+6852)/ 2 )
=352/6897.5
=5.10 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


Mr. Cooper Group  (NAS:COOP) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Mr. Cooper Group Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Mr. Cooper Group's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Mr. Cooper Group Business Description

Traded in Other Exchanges
Address
8950 Cypress Waters Boulevard, Coppell, TX, USA, 75019
Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has 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, 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, and the Corporate segment. The Servicing segment of the company generates maximum revenue.
Executives
Jesse K Bray director, officer: President and CEO 8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019
Michael R Rawls officer: EVP, Servicing 8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019
Shveta Mujumdar director 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Carlos M Pelayo officer: EVP & Chief Legal Officer 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Jaime Gow officer: EVP & Chief Financial Officer 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Eldridge A. Burns officer: EVP and Chief Legal Officer 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Daniela Jorge director 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Kurt G Johnson officer: EVP, Chief Risk & Compliance 8950 CYPRESS WATERS BLVD., COPPELL TX 75019
Robert H Gidel director 677 N WASHINGTON BLVD, SARASOTA FL 34236
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Wand Investors Corp 10 percent owner 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Tagar Olson director C/O KKR & CO. L.P., 9 W. 57TH ST., SUITE 4200, NEW YORK NY 10019
Anthony L Ebers officer: EVP and COO 888 E. WALNUT STREET, PASADENA CA 91101
Simon Greene 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Christopher G Marshall officer: Vice Chairman 8950 CYPRESS WATERS BLVD., COPPELL TX 75019