Velocity Financial, Inc.

NYSE VEL

Velocity Financial, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 18.88%

Velocity Financial, Inc. Net Income Margin is 18.88% for the Trailing 12 Months (TTM) ending September 30, 2024, a -40.62% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Velocity Financial, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 31.80%, a -14.79% change year over year.
Velocity Financial, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 37.32%, a -7.53% change year over year.
Velocity Financial, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 40.36%, a 83.84% change year over year.
Velocity Financial, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 21.95%, a -23.99% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

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