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Mr. Cooper Group (FRA:07WA) Pretax Margin % : 32.13% (As of Mar. 2024)


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What is Mr. Cooper Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mr. Cooper Group's Pre-Tax Income for the three months ended in Mar. 2024 was €213 Mil. Mr. Cooper Group's Revenue for the three months ended in Mar. 2024 was €664 Mil. Therefore, Mr. Cooper Group's pretax margin for the quarter that ended in Mar. 2024 was 32.13%.

The historical rank and industry rank for Mr. Cooper Group's Pretax Margin % or its related term are showing as below:

FRA:07WA' s Pretax Margin % Range Over the Past 10 Years
Min: -1.08   Med: 28.17   Max: 128.69
Current: 32.37


FRA:07WA's Pretax Margin % is ranked worse than
51.75% of 1455 companies
in the Banks industry
Industry Median: 32.88 vs FRA:07WA: 32.37

Mr. Cooper Group Pretax Margin % Historical Data

The historical data trend for Mr. Cooper Group's Pretax Margin % 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.

* Premium members only.

Mr. Cooper Group Pretax Margin % Chart

Mr. Cooper Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.08 14.12 54.58 44.55 28.17

Mr. Cooper Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.43 32.84 47.50 12.26 32.13

Competitive Comparison of Mr. Cooper Group's Pretax Margin %

For the Mortgage Finance subindustry, Mr. Cooper Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mr. Cooper Group's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mr. Cooper Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mr. Cooper Group's Pretax Margin % falls into.



Mr. Cooper Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Mr. Cooper Group's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=599.718/2129.274
=28.17 %

Mr. Cooper Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=213.44/664.24
=32.13 %

* 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.


Mr. Cooper Group  (FRA:07WA) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Mr. Cooper Group Pretax Margin % Related Terms

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Mr. Cooper Group (FRA:07WA) Business Description

Traded in Other Exchanges
Address
8950 Cypress Waters Boulevard, Coppell, TX, USA, 75019
Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has two operating segments namely Servicing segment which performs operational activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, and customer service and The Originations segment originates residential mortgage loans through a direct-to-consumer channel, which provides refinance options for existing customers, and through a correspondent channel, which purchases or originates loans from mortgage bankers and brokers.

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