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Velocity Financial Inc
NYSE:VEL

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Velocity Financial Inc
NYSE:VEL
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Price: 17.88 USD 0.56% Market Closed
Updated: May 20, 2024

Gross Margin
Velocity Financial Inc

90.6%
Current
94%
Average
65.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
90.6%
=
Gross Profit
307m
/
Revenue
338.8m

Gross Margin Across Competitors

Country US
Market Cap 589.8m USD
Gross Margin
91%
Country US
Market Cap 29.2B USD
Gross Margin
0%
Country US
Market Cap 11.4B USD
Gross Margin
89%
Country BM
Market Cap 6B USD
Gross Margin
0%
Country US
Market Cap 5.6B USD
Gross Margin
0%
Country US
Market Cap 5.4B USD
Gross Margin
0%
Country US
Market Cap 5B USD
Gross Margin
0%
Country US
Market Cap 4.8B USD
Gross Margin
68%
Country US
Market Cap 4.7B USD
Gross Margin
0%
Country IN
Market Cap 353.7B INR
Gross Margin
31%
Country US
Market Cap 3.8B USD
Gross Margin
0%

Profitability Report

View the profitability report to see the full profitability analysis for Velocity Financial Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
90.6%
=
Gross Profit
307m
/
Revenue
338.8m
What is the Gross Margin of Velocity Financial Inc?

Based on Velocity Financial Inc's most recent financial statements, the company has Gross Margin of 90.6%.