COOP Historical Income Statement

COOP Stock  USD 77.95  0.06  0.08%   
Historical analysis of Mr Cooper income statement accounts such as Other Operating Expenses of 2 B, Operating Income of 590.9 M or Ebit of 491.1 M can show how well Mr Cooper Group performed in making a profits. Evaluating Mr Cooper income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mr Cooper's future profits or losses.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Mr Cooper Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mr Cooper Group is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mr Cooper Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

About COOP Income Statement Analysis

Mr Cooper Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Mr Cooper shareholders. The income statement also shows COOP investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Mr Cooper Income Statement Chart

Mr Cooper Group Income Statement is one of the three primary financial statements used for reporting COOP's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Mr Cooper Group revenue and expense. Mr Cooper Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Mr Cooper's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 03/29/2024, Non Operating Income Net Other is likely to grow to about 541 M, while EBIT is likely to drop slightly above 491.1 M.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Mr Cooper Group. It is also known as Mr Cooper overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Mr Cooper's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mr Cooper Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mr Cooper Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, Mr Cooper's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 03/29/2024, Non Operating Income Net Other is likely to grow to about 541 M, while EBIT is likely to drop slightly above 491.1 M.

Mr Cooper income statement Correlations

0.890.640.630.640.370.510.220.360.580.860.50.53-0.37-0.20.840.46-0.360.48-0.86-0.880.960.38-0.61
0.890.620.590.60.470.72-0.020.390.810.960.770.58-0.23-0.210.930.67-0.360.45-0.84-0.970.820.25-0.59
0.640.621.00.990.230.80.470.240.390.780.70.91-0.34-0.120.630.83-0.120.77-0.68-0.670.550.13-0.63
0.630.591.01.00.180.760.520.220.340.750.660.89-0.35-0.10.60.79-0.080.75-0.65-0.640.540.08-0.6
0.640.60.991.00.250.770.50.310.360.760.680.89-0.34-0.120.620.8-0.070.76-0.69-0.660.560.08-0.6
0.370.470.230.180.250.51-0.280.80.570.460.440.260.09-0.290.50.47-0.290.25-0.73-0.420.390.29-0.26
0.510.720.80.760.770.510.060.360.680.830.880.85-0.06-0.170.70.97-0.340.69-0.7-0.720.420.23-0.66
0.22-0.020.470.520.5-0.280.06-0.12-0.540.18-0.070.580.120.01-0.190.03-0.190.71-0.16-0.140.040.19-0.51
0.360.390.240.220.310.80.36-0.120.40.390.370.23-0.03-0.060.430.37-0.030.23-0.62-0.360.390.04-0.12
0.580.810.390.340.360.570.68-0.540.40.710.790.28-0.29-0.160.910.69-0.120.08-0.63-0.720.620.13-0.27
0.860.960.780.750.760.460.830.180.390.710.80.78-0.21-0.180.860.77-0.430.66-0.86-0.960.750.31-0.71
0.50.770.70.660.680.440.88-0.070.370.790.80.68-0.07-0.110.810.93-0.030.5-0.62-0.80.410.03-0.52
0.530.580.910.890.890.260.850.580.230.280.780.680.0-0.120.470.8-0.380.93-0.65-0.660.370.29-0.81
-0.37-0.23-0.34-0.35-0.340.09-0.060.12-0.03-0.29-0.21-0.070.0-0.43-0.39-0.11-0.190.170.140.14-0.50.19-0.23
-0.2-0.21-0.12-0.1-0.12-0.29-0.170.01-0.06-0.16-0.18-0.11-0.12-0.43-0.19-0.160.12-0.120.280.2-0.19-0.110.15
0.840.930.630.60.620.50.7-0.190.430.910.860.810.47-0.39-0.190.72-0.120.31-0.79-0.890.830.19-0.45
0.460.670.830.790.80.470.970.030.370.690.770.930.8-0.11-0.160.72-0.10.61-0.66-0.680.40.1-0.58
-0.36-0.36-0.12-0.08-0.07-0.29-0.34-0.19-0.03-0.12-0.43-0.03-0.38-0.190.12-0.12-0.1-0.510.40.35-0.23-0.80.6
0.480.450.770.750.760.250.690.710.230.080.660.50.930.17-0.120.310.61-0.51-0.59-0.580.260.51-0.87
-0.86-0.84-0.68-0.65-0.69-0.73-0.7-0.16-0.62-0.63-0.86-0.62-0.650.140.28-0.79-0.660.4-0.590.83-0.82-0.40.68
-0.88-0.97-0.67-0.64-0.66-0.42-0.72-0.14-0.36-0.72-0.96-0.8-0.660.140.2-0.89-0.680.35-0.580.83-0.76-0.340.71
0.960.820.550.540.560.390.420.040.390.620.750.410.37-0.5-0.190.830.4-0.230.26-0.82-0.760.26-0.43
0.380.250.130.080.080.290.230.190.040.130.310.030.290.19-0.110.190.1-0.80.51-0.4-0.340.26-0.67
-0.61-0.59-0.63-0.6-0.6-0.26-0.66-0.51-0.12-0.27-0.71-0.52-0.81-0.230.15-0.45-0.580.6-0.870.680.71-0.43-0.67
Click cells to compare fundamentals

Mr Cooper Account Relationship Matchups

Mr Cooper income statement Accounts

201920202021202220232024 (projected)
Interest Expense779M702M478M424M537M510.2M
Other Operating Expenses1.9B2.5B1.7B1.7B1.2B2.0B
Operating Income685M534M2.4B990M622M590.9M
Ebit685M534M2.4B990M517M491.2M
Ebitda776M608M2.4B1.0B555M527.3M
Total Operating Expenses1.1B763M857M660M1.2B1.2B
Net Income274M305M1.5B923M500M952.2M
Income Tax Expense(273M)92M471M291M154M146.3M
Depreciation And Amortization91M74M57M37M38M36.1M
Selling General Administrative894M763M626M485M538M511.1M
Total Revenue2.0B3.1B3.3B2.5B1.8B3.2B
Gross Profit271M1.3B1.8B1.4B623M591.9M
Income Before Tax(3M)399M1.9B1.2B654M1.1B
Total Other Income Expense Net(688M)(135M)(421M)224M32M33.6M
Cost Of Revenue1.7B1.8B1.5B1.0B1.2B762.7M
Net Income From Continuing Ops270M307M1.5B923M455M463.4M
Net Income Applicable To Common Shares272M302M1.4B923M1.1B1.1B
Tax Provision(273M)92M471M291M120M126M
Interest Income92M605M334M231M265.7M232.8M

Pair Trading with Mr Cooper

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mr Cooper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mr Cooper will appreciate offsetting losses from the drop in the long position's value.

Moving together with COOP Stock

  0.81FMCC Federal Home LoanPairCorr
  0.79FNMA Federal National MortgagePairCorr

Moving against COOP Stock

  0.7OCN Ocwen Financial Financial Report 2nd of May 2024 PairCorr
  0.66LDI Loandepot Financial Report 14th of May 2024 PairCorr
  0.56SNFCA Security National Earnings Call TodayPairCorr
  0.51AAMC Altisource Asset Man Downward RallyPairCorr
  0.45CNF CNFinance Holdings Financial Report 24th of May 2024 PairCorr
The ability to find closely correlated positions to Mr Cooper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mr Cooper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mr Cooper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mr Cooper Group to buy it.
The correlation of Mr Cooper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mr Cooper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mr Cooper Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mr Cooper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Mr Cooper Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if COOP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mr Cooper Group Stock. Highlighted below are key reports to facilitate an investment decision about Mr Cooper Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mr Cooper Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for COOP Stock analysis

When running Mr Cooper's price analysis, check to measure Mr Cooper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mr Cooper is operating at the current time. Most of Mr Cooper's value examination focuses on studying past and present price action to predict the probability of Mr Cooper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mr Cooper's price. Additionally, you may evaluate how the addition of Mr Cooper to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Is Mr Cooper's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mr Cooper. If investors know COOP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mr Cooper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
107.881
Earnings Share
7.3
Revenue Per Share
26.748
Quarterly Revenue Growth
0.333
Return On Assets
0.0306
The market value of Mr Cooper Group is measured differently than its book value, which is the value of COOP that is recorded on the company's balance sheet. Investors also form their own opinion of Mr Cooper's value that differs from its market value or its book value, called intrinsic value, which is Mr Cooper's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mr Cooper's market value can be influenced by many factors that don't directly affect Mr Cooper's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mr Cooper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mr Cooper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mr Cooper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.