Velocity Financial, Inc.

NYSE VEL

Velocity Financial, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 54.83%

Velocity Financial, Inc. EBIT Margin is 54.83% for the Trailing 12 Months (TTM) ending September 30, 2024, a 9.45% change year over year. EBIT ratio is the ratio of EBIT to revenue, measuring a company's operating profitability without considering non-operating income or expenses.

Velocity Financial, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 50.09%, a -6.49% change year over year.
Velocity Financial, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 53.57%, a 1,797.90% change year over year.
Velocity Financial, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was -3.15%, a 23.86% change year over year.
Velocity Financial, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was -4.14%, a -102.39% change year over year.

Key data

Date	EBIT Margin	EPS (Basic)	EPS (Diluted)	Shares (Basic, Weighted)

NYSE: VEL

Velocity Financial, Inc.

CEO	Mr. Christopher D. Farrar
IPO Date	Jan. 17, 2020
Location	United States
Headquarters	30699 Russell Ranch Road
Employees	253
Sector	Finance
Industries Venture Capital Banking & Lending

Description

Velocity Financial, Inc. operates as a real estate finance company in the United States. It primarily originates and manages investor loans secured by 14 unit residential rental and small commercial properties. The company offers its products through a network of independent mortgage brokers. Velocity Financial, Inc. was founded in 2004 and is headquartered in Westlake Village, California.

Key trends

Past 5 years