Ocwen Financial Corp financial data

Symbol
OCN on NYSE
Industry
Mortgage Bankers & Loan Correspondents
Location
1661 Worthington Road, Suite 100, West Palm Beach, Florida
State of incorporation
Florida
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Return On Equity 1.54 %
Return On Assets 0.05 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.81M shares +2.22%
Common Stock, Shares, Outstanding 7.78M shares +1.91%
Entity Public Float 217M USD -11.1%
Common Stock, Value, Issued 100K USD 0%
Weighted Average Number of Shares Outstanding, Basic 7.71M shares +2.36%
Weighted Average Number of Shares Outstanding, Diluted 8.05M shares +6.81%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.04B USD +6.09%
Costs and Expenses 402M USD -22.5%
Nonoperating Income (Expense) -455M USD -7.14%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 12M USD
Income Tax Expense (Benefit) 5.4M USD -10.5%
Net Income (Loss) Attributable to Parent 6.6M USD
Earnings Per Share, Basic 0.91 USD/shares
Earnings Per Share, Diluted 0.74 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 185M USD -14.5%
Deferred Income Tax Assets, Net 3.4M USD +30.8%
Property, Plant and Equipment, Net 11.8M USD -37.6%
Assets 13.1B USD +3.67%
Liabilities 12.7B USD +3.66%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.1M USD +54.2%
Retained Earnings (Accumulated Deficit) -122M USD +5.15%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 432M USD +3.8%
Liabilities and Equity 13.1B USD +3.67%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -297M USD -43.3%
Net Cash Provided by (Used in) Financing Activities 297M USD +42%
Net Cash Provided by (Used in) Investing Activities -3.6M USD +81.9%
Common Stock, Shares Authorized 13.3M shares 0%
Common Stock, Shares, Issued 7.78M shares +1.91%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -3.9M USD +78.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 251M USD -1.84%
Interest Paid, Excluding Capitalized Interest, Operating Activities 254M USD +50.6%
Deferred Tax Assets, Valuation Allowance 185M USD +3.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 368M USD +9.71%
Operating Lease, Liability 9.4M USD -38.2%
Depreciation 7.7M USD -26.5%
Payments to Acquire Property, Plant, and Equipment 100K USD -90.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 7.9M USD
Lessee, Operating Lease, Liability, to be Paid 11.9M USD -39.3%
Property, Plant and Equipment, Gross 63.4M USD -10.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.5M USD -43.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.7M USD -27.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure +11.5%
Deferred Income Tax Expense (Benefit) -400K USD -157%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.8M USD -40%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.3M USD -36.1%
Deferred Federal Income Tax Expense (Benefit) -14.6M USD -411%
Current Income Tax Expense (Benefit) 6M USD
Unrecognized Tax Benefits 8.7M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.3M USD -23.3%
Additional Paid in Capital 555M USD +1.45%
Current State and Local Tax Expense (Benefit) 300K USD
Current Federal Tax Expense (Benefit) 2.1M USD +950%
Amortization of Intangible Assets 4.5M USD -13.5%
Depreciation, Depletion and Amortization 1.4M USD -22.2%
Deferred State and Local Income Tax Expense (Benefit) -2.6M USD -271%
Interest Expense 279M USD +32.5%