Onity Historical Income Statement

About Onity Income Statement Analysis

Balance Sheet Statement Details

Cash Flow Statement Details

Financial Indicators Details

Valuation Indicators Details

Onity Income Statement Chart

At this time, Onity's Gross Profit is comparatively stable compared to the past year. Operating Income is likely to gain to about 412 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 499 M in 2024.

Total Revenue

Total revenue comprises all receipts Onity Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Onity Group minus its cost of goods sold. It is profit before Onity operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Onity Group. It is also known as Onity overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Onity Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Onity Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Onity Group income statement and represents the costs associated with goods and services Onity provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Onity income statement Correlations

Onity Account Relationship Matchups

Onity income statement Accounts

Additional Tools for Onity Stock Analysis