Mr Cooper Group Inc Financials

COOP

Source SEC Filings (10-K/10-Q) Updated Jun 30, 2025 Currency USD FYE December

This page shows Mr Cooper Group Inc (COOP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Weak

2/9

Mr Cooper Group Inc passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Low Quality

-1.08x

For every $1 of reported earnings, Mr Cooper Group Inc generates $-1.08 in operating cash flow (-$724.0M OCF vs $669.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Revenue

$2.2B

YoY+24.0%

5Y CAGR+2.9%

10Y CAGR+71.4%

Mr Cooper Group Inc generated $2.2B in revenue in fiscal year 2024. This represents an increase of 24.0% from the prior year.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

$669.0M

YoY+33.8%

5Y CAGR+19.5%

10Y CAGR+113.6%

Mr Cooper Group Inc reported $669.0M in net income in fiscal year 2024. This represents an increase of 33.8% from the prior year.

EPS (Diluted)

$10.19

YoY+39.6%

5Y CAGR+28.1%

Mr Cooper Group Inc earned $10.19 per diluted share (EPS) in fiscal year 2024. This represents an increase of 39.6% from the prior year.

Cash & Debt

$753.0M

YoY+31.9%

5Y CAGR+18.0%

10Y CAGR+51.3%

Mr Cooper Group Inc held $753.0M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

64M

10Y CAGR-10.9%

Mr Cooper Group Inc had 64M shares outstanding in fiscal year 2024.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

30.1%

YoY+2.2pp

5Y CAGR+15.9pp

10Y CAGR+26.8pp

Mr Cooper Group Inc's net profit margin was 30.1% in fiscal year 2024, showing the share of revenue converted to profit. This is up 2.2 percentage points from the prior year.

Return on Equity

13.9%

YoY+2.2pp

5Y CAGR+1.6pp

10Y CAGR+13.4pp

Mr Cooper Group Inc's ROE was 13.9% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 2.2 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$147.0M

YoY-46.7%

Mr Cooper Group Inc spent $147.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 46.7% from the prior year.

Capital Expenditures

N/A

COOP Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$2.2B+24.0%	$1.8B-27.2%	$2.5B-25.7%	$3.3B+23.4%	$2.7B+39.5%	$1.9B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$624.0M+16.0%	$538.0M+10.9%	$485.0M-22.5%	$626.0M-17.1%	$755.0M-8.0%	$821.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$776.0M+44.5%	$537.0M+26.7%	$424.0M-11.3%	$478.0M-9.5%	$528.0M-2.8%	$543.0M
Income Tax	$232.0M+50.6%	$154.0M-47.1%	$291.0M-38.2%	$471.0M+406.5%	$93.0M+133.5%	-$278.0M
Net Income	$669.0M+33.8%	$500.0M-45.8%	$923.0M-36.5%	$1.5B+376.7%	$305.0M+11.3%	$274.0M
EPS (Diluted)	$10.19+39.6%	$7.30-41.6%	$12.50-24.4%	$16.53+416.6%	$3.20+8.5%	$2.95

Metric	Q2'25	Q1'25	Q2'24	Q3'24	Q1'24	Q4'23	Q3'23	Q2'23
Revenue	$608.0M+8.6%	$560.0M-14.4%	$654.0M+54.2%	$424.0M-24.8%	$564.0M+39.6%	$404.0M-29.6%	$574.0M+18.1%	$486.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$139.0M-41.4%	$237.0M+30.9%	$181.0M+18.3%	$153.0M-3.2%	$158.0M-6.0%	$168.0M+24.4%	$135.0M+10.7%	$122.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$217.0M+1.9%	$213.0M-3.2%	$220.0M+10.6%	$199.0M+17.1%	$170.0M+6.9%	$159.0M+8.9%	$146.0M+19.7%	$122.0M
Income Tax	$79.0M+1028.6%	$7.0M-90.8%	$76.0M+137.5%	$32.0M-37.3%	$51.0M+121.7%	$23.0M-70.1%	$77.0M+37.5%	$56.0M
Net Income	$198.0M+125.0%	$88.0M-56.9%	$204.0M+155.0%	$80.0M-55.8%	$181.0M+293.5%	$46.0M-83.3%	$275.0M+93.7%	$142.0M
EPS (Diluted)	$3.04+125.2%	$1.35-57.0%	$3.14+157.4%	$1.22-55.3%	$2.73+320.0%	$0.65-84.0%	$4.06+96.1%	$2.07

COOP Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$18.9B+33.4%	$14.2B+11.1%	$12.8B-10.1%	$14.2B-41.2%	$24.2B+32.0%	$18.3B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$753.0M+31.9%	$571.0M+8.3%	$527.0M-41.1%	$895.0M+28.8%	$695.0M+111.2%	$329.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$141.0M0.0%	$141.0M+17.5%	$120.0M0.0%	$120.0M0.0%	$120.0M0.0%	$120.0M
Total Liabilities	$14.1B+42.5%	$9.9B+13.7%	$8.7B-19.5%	$10.8B-50.0%	$21.7B+34.8%	$16.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$4.8B+12.4%	$4.3B+5.5%	$4.1B+20.5%	$3.4B+34.5%	$2.5B+12.1%	$2.2B
Retained Earnings	$5.0B+15.6%	$4.3B+13.2%	$3.8B+32.1%	$2.9B+100.8%	$1.4B+27.8%	$1.1B

Metric	Q2'25	Q1'25	Q2'24	Q3'24	Q1'24	Q4'23	Q3'23	Q2'23
Total Assets	$18.5B+0.3%	$18.4B-2.6%	$18.9B+17.0%	$16.2B+9.5%	$14.8B+4.1%	$14.2B+5.7%	$13.4B+2.2%	$13.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$783.0M-0.1%	$784.0M+4.1%	$753.0M+2.7%	$733.0M+26.8%	$578.0M+1.2%	$571.0M+3.3%	$553.0M+7.0%	$517.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$141.0M0.0%	$141.0M0.0%	$141.0M0.0%	$141.0M0.0%	$141.0M0.0%	$141.0M0.0%	$141.0M+17.5%	$120.0M
Total Liabilities	$13.4B-1.2%	$13.6B-4.0%	$14.1B+22.3%	$11.5B+11.4%	$10.4B+4.6%	$9.9B+8.7%	$9.1B+0.6%	$9.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$5.1B+4.3%	$4.9B+1.6%	$4.8B+3.8%	$4.6B+5.3%	$4.4B+2.9%	$4.3B-0.5%	$4.3B+5.5%	$4.1B
Retained Earnings	$5.3B+3.9%	$5.1B+1.8%	$5.0B+4.3%	$4.8B+6.3%	$4.5B+4.2%	$4.3B+1.1%	$4.3B+6.9%	$4.0B

COOP Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$724.0M-180.8%	$896.0M-76.2%	$3.8B+43.1%	$2.6B+695.2%	$331.0M-52.8%	$702.0M
Capital Expenditures	N/A	N/A	N/A	N/A	$57.0M+16.3%	$49.0M
Free Cash Flow	N/A	N/A	N/A	N/A	$274.0M-58.0%	$653.0M
Investing Cash Flow	-$2.7B-46.9%	-$1.8B-38.9%	-$1.3B-210.9%	$1.2B+989.6%	-$134.0M+60.4%	-$338.0M
Financing Cash Flow	$3.7B+273.6%	$978.0M+135.1%	-$2.8B+24.7%	-$3.7B-3653.8%	$104.0M+133.2%	-$313.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$147.0M-46.7%	$276.0M+15.5%	$239.0M-58.2%	$572.0M+886.2%	$58.0M	$0

Metric	Q2'25	Q1'25	Q2'24	Q3'24	Q1'24	Q4'23	Q3'23	Q2'23
Operating Cash Flow	$298.0M+31.3%	$227.0M+128.3%	-$803.0M-473.5%	$215.0M+667.9%	$28.0M-77.4%	$124.0M-80.1%	$623.0M+5763.6%	-$11.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$126.0M-425.0%	-$24.0M+98.0%	-$1.2B-435.7%	-$224.0M+68.7%	-$715.0M+4.4%	-$748.0M-46.1%	-$512.0M-9.2%	-$469.0M
Financing Cash Flow	-$171.0M+24.3%	-$226.0M-111.0%	$2.1B+1558.9%	$124.0M-81.8%	$682.0M+3.3%	$660.0M+802.1%	-$94.0M-118.8%	$500.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$0	$0-100.0%	$38.0M-17.4%	$46.0M+17.9%	$39.0M-45.8%	$72.0M+24.1%	$58.0M+1.8%	$57.0M

COOP Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	30.1%+2.2pp	27.9%-9.6pp	37.5%-6.4pp	43.8%+32.5pp	11.3%-2.9pp	14.2%
Return on Equity	13.9%+2.2pp	11.7%-11.1pp	22.8%-20.4pp	43.2%+31.0pp	12.2%-0.1pp	12.3%
Return on Assets	3.5%0.0pp	3.5%-3.7pp	7.2%-3.0pp	10.2%+9.0pp	1.3%-0.2pp	1.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.94+0.6	2.32+0.2	2.15-1.1	3.22-5.4	8.65+1.5	7.20
FCF Margin	N/A	N/A	N/A	N/A	10.2%-23.7pp	33.9%

Metric	Q2'25	Q1'25	Q2'24	Q3'24	Q1'24	Q4'23	Q3'23	Q2'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	32.6%+16.9pp	15.7%-15.5pp	31.2%+12.3pp	18.9%-13.2pp	32.1%+20.7pp	11.4%-36.5pp	47.9%+18.7pp	29.2%
Return on Equity	3.9%+2.1pp	1.8%-2.4pp	4.2%+2.5pp	1.7%-2.4pp	4.1%+3.0pp	1.1%-5.3pp	6.4%+2.9pp	3.5%
Return on Assets	1.1%+0.6pp	0.5%-0.6pp	1.1%+0.6pp	0.5%-0.7pp	1.2%+0.9pp	0.3%-1.7pp	2.1%+1.0pp	1.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.63-0.1	2.77-0.2	2.94+0.4	2.49+0.1	2.35+0.0	2.32+0.2	2.12-0.1	2.22
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Mr Cooper Group Inc's annual revenue?

Mr Cooper Group Inc (COOP) reported $2.2B in total revenue for fiscal year 2024. This represents a 24.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Mr Cooper Group Inc's revenue growing?

Mr Cooper Group Inc (COOP) revenue grew by 24% year-over-year, from $1.8B to $2.2B in fiscal year 2024.

Is Mr Cooper Group Inc profitable?

Yes, Mr Cooper Group Inc (COOP) reported a net income of $669.0M in fiscal year 2024, with a net profit margin of 30.1%.

What is Mr Cooper Group Inc's earnings per share (EPS)?

Mr Cooper Group Inc (COOP) reported diluted earnings per share of $10.19 for fiscal year 2024. This represents a 39.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Mr Cooper Group Inc's net profit margin?

Mr Cooper Group Inc (COOP) had a net profit margin of 30.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Mr Cooper Group Inc's return on equity (ROE)?

Mr Cooper Group Inc (COOP) has a return on equity of 13.9% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Mr Cooper Group Inc's operating cash flow?

Mr Cooper Group Inc (COOP) generated -$724.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Mr Cooper Group Inc's total assets?

Mr Cooper Group Inc (COOP) had $18.9B in total assets as of fiscal year 2024, including both current and long-term assets.

Does Mr Cooper Group Inc buy back shares?

Yes, Mr Cooper Group Inc (COOP) spent $147.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Mr Cooper Group Inc have outstanding?

Mr Cooper Group Inc (COOP) had 64M shares outstanding as of fiscal year 2024.

What is Mr Cooper Group Inc's debt-to-equity ratio?

Mr Cooper Group Inc (COOP) had a debt-to-equity ratio of 2.94 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Mr Cooper Group Inc's return on assets (ROA)?

Mr Cooper Group Inc (COOP) had a return on assets of 3.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Mr Cooper Group Inc's cash runway?

Based on fiscal year 2024 data, Mr Cooper Group Inc (COOP) had $753.0M in cash against an annual operating cash burn of $724.0M. This gives an estimated cash runway of approximately 12 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Mr Cooper Group Inc's Piotroski F-Score?

Mr Cooper Group Inc (COOP) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Mr Cooper Group Inc's earnings high quality?

Mr Cooper Group Inc (COOP) has an earnings quality ratio of -1.08x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.