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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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Earnings & Revenue

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
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 & Balance Sheet

Free Cash Flow
N/A
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.

Margins & Returns

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.

Capital Allocation

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 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Revenue $608.0M+8.6% $560.0M-14.4% $654.0M+54.2% $424.0M-27.3% $583.0M+3.4% $564.0M+39.6% $404.0M-29.6% $574.0M
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+15.9% $132.0M-16.5% $158.0M-6.0% $168.0M+24.4% $135.0M
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+6.4% $187.0M+10.0% $170.0M+6.9% $159.0M+8.9% $146.0M
Income Tax $79.0M+1028.6% $7.0M-90.8% $76.0M+137.5% $32.0M-56.2% $73.0M+43.1% $51.0M+121.7% $23.0M-70.1% $77.0M
Net Income $198.0M+125.0% $88.0M-56.9% $204.0M+155.0% $80.0M-60.8% $204.0M+12.7% $181.0M+293.5% $46.0M-83.3% $275.0M
EPS (Diluted) $3.04+125.2% $1.35 N/A $1.22-60.6% $3.10+13.6% $2.73 N/A $4.06

COOP Balance Sheet

Metric Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Total Assets $18.5B+0.3% $18.4B-2.6% $18.9B+17.0% $16.2B+2.6% $15.8B+6.8% $14.8B+4.1% $14.2B+5.7% $13.4B
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+14.2% $642.0M+11.1% $578.0M+1.2% $571.0M+3.3% $553.0M
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% $141.0M0.0% $141.0M
Total Liabilities $13.4B-1.2% $13.6B-4.0% $14.1B+22.3% $11.5B+3.2% $11.2B+7.9% $10.4B+4.6% $9.9B+8.7% $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+1.0% $4.6B+4.3% $4.4B+2.9% $4.3B-0.5% $4.3B
Retained Earnings $5.3B+3.9% $5.1B+1.8% $5.0B+4.3% $4.8B+1.7% $4.7B+4.6% $4.5B+4.2% $4.3B+1.1% $4.3B

COOP Cash Flow Statement

Metric Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Operating Cash Flow $298.0M+31.3% $227.0M+128.3% -$803.0M-473.5% $215.0M+231.1% -$164.0M-685.7% $28.0M-77.4% $124.0M-80.1% $623.0M
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+59.9% -$558.0M+22.0% -$715.0M+4.4% -$748.0M-46.1% -$512.0M
Financing Cash Flow -$171.0M+24.3% -$226.0M-111.0% $2.1B+1558.9% $124.0M-84.3% $791.0M+16.0% $682.0M+3.3% $660.0M+802.1% -$94.0M
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+91.7% $24.0M-38.5% $39.0M-45.8% $72.0M+24.1% $58.0M

COOP Financial Ratios

Metric Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
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%-16.1pp 35.0%+2.9pp 32.1%+20.7pp 11.4%-36.5pp 47.9%
Return on Equity 3.9%+2.1pp 1.8%-2.4pp 4.2%+2.5pp 1.7%-2.7pp 4.4%+0.3pp 4.1%+3.0pp 1.1%-5.3pp 6.4%
Return on Assets 1.1%+0.6pp 0.5%-0.6pp 1.1%+0.6pp 0.5%-0.8pp 1.3%+0.1pp 1.2%+0.9pp 0.3%-1.7pp 2.1%
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 2.44+0.1 2.35+0.0 2.32+0.2 2.12
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

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.

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

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%.

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.

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.

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.

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

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

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

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

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.

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.

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.

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.

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.

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