Velocity Financial Inc (VEL)
18.16
+0.24
(+1.34%)
USD |
NYSE |
May 09, 16:00
18.16
0.00 (0.00%)
Pre-Market: 20:00
Velocity Financial Profit Margin (Quarterly): 34.21% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 34.21% |
| December 31, 2023 | 36.34% |
| September 30, 2023 | 30.35% |
| June 30, 2023 | 34.73% |
| March 31, 2023 | 31.91% |
| December 31, 2022 | 29.37% |
| September 30, 2022 | 40.65% |
| June 30, 2022 | 40.00% |
| March 31, 2022 | 21.45% |
| December 31, 2021 | 36.35% |
| 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
31.92%
Average
31.89%
Median
Profit Margin (Quarterly) Benchmarks
| Ocwen Financial Corp | 11.73% |
| Walker & Dunlop Inc | 5.20% |
| Mr. Cooper Group Inc | 25.07% |
| Rocket Companies Inc | 1.21% |
| UWM Holdings Corp | 11.14% |
Profit Margin (Quarterly) Related Metrics
| Return on Assets | 1.44% |
| Return on Invested Capital | 1.48% |
| Return on Net Operating Assets | 49.94% |