Velocity Financial Inc (VEL)
19.21
-0.08
(-0.41%)
USD |
NYSE |
Nov 05, 16:00
19.21
0.00 (0.00%)
After-Hours: 20:00
Velocity Financial Profit Margin (Quarterly): 30.12% for June 30, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 30.12% |
| March 31, 2024 | 34.66% |
| December 31, 2023 | 36.47% |
| September 30, 2023 | 30.56% |
| June 30, 2023 | 34.85% |
| March 31, 2023 | 31.87% |
| December 31, 2022 | 30.79% |
| September 30, 2022 | 41.00% |
| June 30, 2022 | 42.40% |
| March 31, 2022 | 21.92% |
| December 31, 2021 | 40.15% |
| September 30, 2021 | 39.25% |
| June 30, 2021 | 45.86% |
| Date | Value |
|---|---|
| March 31, 2021 | 25.23% |
| December 31, 2020 | 45.75% |
| September 30, 2020 | 21.36% |
| June 30, 2020 | 15.77% |
| March 31, 2020 | 17.39% |
| December 31, 2019 | 31.87% |
| September 30, 2019 | 30.94% |
| June 30, 2019 | 29.55% |
| March 31, 2019 | 34.56% |
| December 31, 2018 | -9.01% |
| September 30, 2018 | 27.93% |
| June 30, 2018 | 36.18% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
15.77%
Minimum
Jun 2020
45.86%
Maximum
Jun 2021
32.49%
Average
31.87%
Median
Dec 2019
Profit Margin (Quarterly) Benchmarks
| Onity Group Inc | 3.90% |
| Walker & Dunlop Inc | 8.37% |
| Mr. Cooper Group Inc | 12.29% |
| Rocket Companies Inc | 0.10% |
| Better Home & Finance Holding Co | -146.7% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 14.01% |
| Return on Assets | 1.40% |
| Return on Invested Capital | 1.44% |
| Return on Net Operating Assets | 47.80% |