COOP Historical Income Statement
| COOP Stock | USD 100.66 1.24 1.25% |
Historical analysis of Mr Cooper income statement accounts such as Other Operating Expenses of 2 B, Operating Income of 628 M or Ebit of 628 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.
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.
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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
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Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Mr Cooper Group financial statement analysis. It represents the amount of money remaining after all of Mr Cooper Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Revenue
Total revenue comprises all receipts Mr Cooper Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Mr Cooper Group minus its cost of goods sold. It is profit before Mr Cooper operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Mr Cooper's Non Operating Income Net Other is relatively stable compared to the past year. As of 11/26/2024, Tax Provision is likely to grow to about 126 M, while EBIT is likely to drop slightly above 628 M.
Mr Cooper income statement Correlations
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Mr Cooper Account Relationship Matchups
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Mr Cooper income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 779M | 702M | 478M | 424M | 18M | 17.1M | |
| Other Operating Expenses | 1.9B | 2.5B | 1.7B | 1.7B | 1.1B | 2.0B | |
| Operating Income | 685M | 534M | 2.4B | 990M | 661M | 628.0M | |
| Ebit | (1.7B) | (447M) | 916M | (252M) | 661M | 628.0M | |
| Ebitda | 776M | 980M | 2.4B | 1.0B | 699M | 664.1M | |
| Total Operating Expenses | 1.1B | 763M | 857M | 660M | 1.2B | 1.2B | |
| Net Income | 274M | 305M | 1.5B | 923M | 500M | 952.2M | |
| Income Tax Expense | (273M) | 92M | 471M | 291M | 154M | 146.3M | |
| Depreciation And Amortization | 2.4B | 1.4B | 1.5B | 1.3B | 38M | 36.1M | |
| Selling General Administrative | 894M | 763M | 626M | 485M | 538M | 511.1M | |
| Total Revenue | 2.0B | 3.1B | 3.3B | 2.5B | 1.8B | 3.2B | |
| Gross Profit | 271M | 1.3B | 1.8B | 1.4B | 620M | 589M | |
| Income Before Tax | (3M) | 399M | 1.9B | 1.2B | 654M | 1.1B | |
| Total Other Income Expense Net | (688M) | (135M) | 471M | 291M | (7M) | (7.4M) | |
| Cost Of Revenue | 1.7B | 1.8B | 1.5B | 1.0B | 1.2B | 760.3M | |
| Net Income From Continuing Ops | 270M | 307M | 1.5B | 923M | 455M | 463.4M | |
| Net Income Applicable To Common Shares | 272M | 302M | 1.4B | 923M | 1.1B | 1.1B | |
| Tax Provision | (273M) | 92M | 471M | 291M | 120M | 126M | |
| Interest Income | 92M | 605M | 334M | 231M | 265.7M | 232.8M |
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
| 0.67 | V | Visa Class A | PairCorr |
| 0.79 | DHIL | Diamond Hill Investment | PairCorr |
| 0.66 | DIST | Distoken Acquisition | PairCorr |
Moving against COOP Stock
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.Additional 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.