The historical rank and industry rank for Mr. Cooper Group's Pretax Margin % or its related term are showing as below:
COOP'
s Pretax Margin % Range Over the Past 10 Years
Min: -1.08 Med: 28.17 Max: 128.69
Current: 32.37
COOP's Pretax Margin % is ranked worse than 50.92% of 1461
companies
in the Banks industry
Industry Median: 32.77
vs COOP: 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.
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
* 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 (NAS:COOP) 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
Thank you for viewing the detailed overview of Mr. Cooper Group's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mr. Cooper Group (Mr. Cooper Group) Business Description
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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