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NYSE: VEL
Velocity Financial Inc Earnings & Revenue

VEL past earnings growth

How has VEL's earnings growth performed historically?
Company
61.62%
Industry
3.99%
Market
72.61%
VEL's earnings have grown faster... subscribe to Premium to read more.
Earnings Growth vs Industry Performance
VEL's earnings have grown faster... subscribe to Premium to read more.
Earnings Growth vs Market Performance
VEL's earnings growth is accelerating... subscribe to Premium to read more.
Accelerating Earnings Growth Performance

VEL past revenue growth

How has VEL's revenue growth performed historically?
Company
61.54%
Industry
-25.53%
Market
17.55%
VEL's revenue has grown faster... subscribe to Premium to read more.
Revenue Growth vs Industry Performance
VEL's revenue has grown faster... subscribe to Premium to read more.
Revenue Growth vs Market Performance
VEL's revenue growth is accelerating... subscribe to Premium to read more.
Accelerating Revenue Growth Performance

VEL earnings and revenue history

Current Revenue
$171.7M
Current Earnings
$51.5M
Current Profit Margin
30%

VEL Return on Equity

Current Company
12.6%
Current Industry
-2.5%
Current Market
188%
VEL's Return on Equity (12.6%)... subscribe to Premium to read more.
High Return on Equity Performance

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VEL Return on Assets

Current Company
1.3%
Current Industry
0.3%
VEL is generating higher Return... subscribe to Premium to read more.
Above Average Return on Assets Performance

VEL Return on Capital Employed

Current Company
0%
Current Industry
0%

VEL vs Mortgage Stocks

TickerRevenueEBITDAEarningsY/Y RevenueY/Y Earnings
VEL$171.75M$73.40M$51.52M+27.28%+33.33%
LDI$974.02M$76.59M-$110.14M-2.66%N/A
GHI$104.90M$124.63M$54.01M+5.22%+3.25%
GHLD$655.19M-$10.00M-$39.01M-1.95%N/A
OCN$1.07B$523.90M-$63.70M+0.07%N/A

VEL earnings dates

Next earnings date
May 17, 2024

Velocity Financial Earnings & Revenue FAQ

What were VEL's earnings last quarter?

On Invalid Date, Velocity Financial (NYSE: VEL) reported Q4 2023 earnings per share (EPS) of $0.53, up 103.85% year over year. Total Velocity Financial earnings for the quarter were $17.13 million. In the same quarter last year, Velocity Financial's earnings per share (EPS) was $0.26.

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What was VEL's earnings growth in the past year?

As of Q2 2024, Velocity Financial's earnings has grown 61.62% year over year. This is 57.62 percentage points higher than the US Mortgage Finance industry earnings growth rate of 3.99%. Velocity Financial's earnings in the past year totalled $51.52 million.

What is VEL's earnings date?

Velocity Financial's earnings date is Invalid Date. Add VEL to your watchlist to be reminded of VEL's next earnings announcement.

What was VEL's revenue last quarter?

On Invalid Date, Velocity Financial (NYSE: VEL) reported Q4 2023 revenue of $51.57 million up 58.69% year over year. In the same quarter last year, Velocity Financial's revenue was $32.50 million.

What was VEL's revenue growth in the past year?

As of Q2 2024, Velocity Financial's revenue has grown 61.54% year over year. This is 87.07 percentage points higher than the US Mortgage Finance industry revenue growth rate of -25.53%. Velocity Financial's revenue in the past year totalled $171.75 million.
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