Velocity Financial Inc (VEL)
17.37
+0.22
(+1.28%)
USD |
NYSE |
May 01, 16:00
17.37
0.00 (0.00%)
After-Hours: 19:39
Velocity Financial Net Income (TTM): 52.27M for Dec. 31, 2023
Net Income (TTM) Chart
Historical Net Income (TTM) Data
| Date | Value |
|---|---|
| December 31, 2023 | 52.27M |
| September 30, 2023 | 43.38M |
| June 30, 2023 | 41.28M |
| March 31, 2023 | 39.74M |
| December 31, 2022 | 32.21M |
| September 30, 2022 | 32.10M |
| June 30, 2022 | 30.14M |
| March 31, 2022 | 28.95M |
| December 31, 2021 | 29.22M |
| September 30, 2021 | 30.45M |
| Date | Value |
|---|---|
| June 30, 2021 | 25.91M |
| March 31, 2021 | 18.59M |
| December 31, 2020 | 17.78M |
| September 30, 2020 | 13.38M |
| June 30, 2020 | 13.78M |
| March 31, 2020 | 15.18M |
| December 31, 2019 | 17.29M |
| September 30, 2019 | 11.15M |
| June 30, 2019 | 10.58M |
| March 31, 2019 | 11.37M |
Net Income Definition
Net Income is the total amount of profit earned by a company. This metric boils down to the overall profit that is left from the revenue that a company receives after taking out various operational line items like cost of goods sold, income tax expense, SG&A expense, etc. Eventually, all companies would want to have a consistent positive and growing net income, so that this can be used for various purposes like reinvesting into the company, paying off debt, and potentially paying out dividends to shareholders.
Net Income (TTM) Range, Past 5 Years
10.58M
Minimum
Jun 2019
52.27M
Maximum
Dec 2023
26.49M
Average
28.95M
Median
Mar 2022
Net Income (TTM) Benchmarks
| Ocwen Financial Corp | -63.70M |
| Walker & Dunlop Inc | 107.36M |
| Mr. Cooper Group Inc | 644.00M |
| Rocket Companies Inc | -15.51M |
| UWM Holdings Corp | -13.23M |