Onity Group (STU:OW0A) Tax Rate % : 5.35% (As of Mar. 2024)

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What is Onity Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Onity Group's Tax Expense for the three months ended in Mar. 2024 was €2 Mil. Onity Group's Pre-Tax Income for the three months ended in Mar. 2024 was €29 Mil. Therefore, Onity Group's Tax Rate % for the quarter that ended in Mar. 2024 was 5.35%.

Onity Group Tax Rate % Historical Data

The historical data trend for Onity Group's Tax Rate % 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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Onity Group Tax Rate % Chart

Onity Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-12.36

61.97

509.09

-3.21

-9.64

Onity Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-4.96	5.52	10.53	-3.95	5.35

Onity Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Onity Group's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	5.135	/	-53.278
	=	-9.64 %

Onity Group's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	1.564	/	29.256
	=	5.35 %

Onity Group Tax Rate % Related Terms

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Onity Group (STU:OW0A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Onity Group Inc (STU:OW0A) » Definitions » Tax Rate %

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.

Onity Group (STU:OW0A) Headlines

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