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Mr. Cooper Group (COOP) Financials

COOP NASDAQ
Trailing 12 months to June 30, 2025
Revenue $2.2B +5.7% YoY
Net Income $570.0M -19.3% YoY
EPS (Diluted) $8.74 -17.6% YoY
Operating Cash Flow -$63.0M -110.3% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2025, ended Jun 30, 2025 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2025, filed Jul 23, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the COOP SEC filings page.

Mr. Cooper Group Inc. (COOP) reported $2.2B in revenue over the twelve months to Jun 30, 2025, up 5.7% from the prior twelve months. This page shows its 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).

Rhea AI COOP FY2024

2024 earnings recovered, but cash moved in the opposite direction as a larger, more debt-funded balance sheet absorbed resources.

The unusual split between net income of $669M and operating cash flow of -$724M—after $896M of operating cash flow in FY2023—means reported profitability did not translate into cash during FY2024. That reversal occurred while interest expense rose 44.5%, making earnings quality more dependent on balance-sheet and timing effects than the income statement alone suggests.

Revenue rebounded 24.0% in FY2024 and net income rose 33.8%, lifting net profit margin by 2.2 percentage points; however, selling, general and administrative expense also increased 16.0%, so the improvement reflects more than simple cost cutting but not a clean drop-through of growth.

The balance sheet expanded faster than shareholders' capital: total assets rose 33.4%, liabilities 42.5%, and long-term debt 52.8%, while equity grew 12.4%. Debt-to-equity therefore moved from 1.7x in FY2023 to 2.4x in FY2024, indicating that the year's expansion was financed predominantly through additional obligations.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

Mr. Cooper Group Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial
3/7

Mr. Cooper Group Inc. passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.

Earnings Quality No Cash Backing

For every $1 of reported earnings, Mr. Cooper Group Inc. used $1.08 of operating cash (-$724.0M OCF vs $669.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

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Earnings & Revenue

Revenue
$608.0M
YoY+4.3%
QoQ+8.6%
5Y CAGR-0.3%
10Y CAGR+82.7%

Mr. Cooper Group Inc. generated $608.0M in revenue in Q2 2025. This represents an increase of 4.3% from the same quarter a year earlier. Against the prior quarter it is up 8.6%.

Net Income
$198.0M
YoY-2.9%
QoQ+125.0%
5Y CAGR+22.1%
10Y CAGRn/m

Mr. Cooper Group Inc. reported $198.0M in net income in Q2 2025. This represents a decrease of 2.9% from the same quarter a year earlier. Against the prior quarter it is up 125.0%.

EPS (Diluted)
$3.04
YoY-1.9%
QoQ+125.2%

Mr. Cooper Group Inc. earned $3.04 per diluted share (EPS) in Q2 2025. This represents a decrease of 1.9% from the same quarter a year earlier. Against the prior quarter it is up 125.2%.

EBITDA

Not reported for Q2 2025.

Cash & Balance Sheet

Cash & Debt
$783.0M
YoY+22.0%
QoQ-0.1%
5Y CAGR-5.5%
10Y CAGR+44.8%

Mr. Cooper Group Inc. held $783.0M in cash against $11.1B in long-term debt as of Q2 2025.

Shares Outstanding
64M
YoY-0.8%
QoQ0.0%

Mr. Cooper Group Inc. had 64M shares outstanding in Q2 2025. This represents a decrease of 0.8% from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q2 2025.

Dividends Per Share

Not reported for Q2 2025.

Margins & Returns

Net Margin
32.6%
YoY-2.4pp
QoQ+16.9pp
5Y change+20.8pp

Mr. Cooper Group Inc.'s net profit margin was 32.6% in Q2 2025, showing the share of revenue converted to profit. This is down 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 16.9 percentage points.

Return on Equity
3.9%
YoY-0.6pp
QoQ+2.1pp
5Y change+0.5pp
10Y change+602.3pp

Mr. Cooper Group Inc.'s quarterly ROE was 3.9% in Q2 2025: one quarter's net income over shareholder equity, not annualized. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.1 percentage points.

Gross Margin

Not reported for Q2 2025.

Operating Margin

Not reported for Q2 2025.

Capital Allocation

Share Buybacks
$0
YoY-100.0%
QoQn/m
5Y CAGRn/m

Mr. Cooper Group Inc. repurchased no shares in Q2 2025. This represents a decrease of 100.0% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

R&D Spending

Not reported for Q2 2025.

Capital Expenditures

Not reported for Q2 2025.

COOP Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

COOP quarterly income statement
MetricQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-QQ2'2410-QQ1'2410-QQ4'2310-KQ3'2310-Q
Revenue$608.0M+4.3%$560.0M-0.7%$654.0M+61.9%$424.0M-26.1%$583.0M+20.0%$564.0M+70.9%$404.0M+33.3%$574.0M+12.5%
SG&A Expenses$139.0M+5.3%$237.0M+50.0%$181.0M+7.7%$153.0M+13.3%$132.0M+8.2%$158.0M+39.8%$168.0M+43.6%$135.0M+1.5%
Interest Expense$217.0M+16.0%$213.0M+25.3%$220.0M+38.4%$199.0M+36.3%$187.0M+53.3%$170.0M+54.5%$159.0M+54.4%$146.0M+40.4%
Income Tax$79.0M+8.2%$7.0M-86.3%$76.0M+230.4%$32.0M-58.4%$73.0M+30.4%$51.0Mn/m$23.0Mn/m$77.0M+92.5%
Net Income$198.0M-2.9%$88.0M-51.4%$204.0M+343.5%$80.0M-70.9%$204.0M+43.7%$181.0M+389.2%$46.0M+4500.0%$275.0M+143.4%
EPS (Basic)$3.09-2.2%$1.38-50.7%$3.19+319.7%$1.24-70.0%$3.16+50.5%$2.80+418.5%$0.76$4.14+160.4%
EPS (Diluted)$3.04-1.9%$1.35-50.5%$3.13+334.7%$1.22-70.0%$3.10+49.8%$2.73+425.0%$0.72$4.06+161.9%
Diluted Shares (Avg)65M-1.0%65M-1.9%N/A66M-3.2%66M-4.1%66M-6.0%N/A68M-7.1%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

COOP Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

COOP quarterly balance sheet
MetricQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-QQ2'2410-QQ1'2410-QQ4'2310-KQ3'2310-Q
Total Assets$18.5B+17.2%$18.4B+24.8%$18.9B+33.4%$16.2B+20.5%$15.8B+20.1%$14.8B+16.7%$14.2B+11.1%$13.4B+4.8%
Cash & Equivalents$783.0M+22.0%$784.0M+35.6%$753.0M+31.9%$733.0M+32.5%$642.0M+24.2%$578.0M+8.2%$571.0M+8.3%$553.0M+4.3%
Goodwill$141.0M0.0%$141.0M0.0%$141.0M0.0%$141.0M0.0%$141.0M+17.5%$141.0M+17.5%$141.0M+17.5%$141.0M+17.5%
Total Liabilities$13.4B+19.8%$13.6B+30.7%$14.1B+42.5%$11.5B+26.6%$11.2B+23.4%$10.4B+19.6%$9.9B+13.7%$9.1B+4.7%
Long-Term Debt$11.1B+22.0%$11.2B+36.3%$11.4B+52.8%$9.3B+38.4%$9.1B+46.5%$8.2B+46.6%$7.5B+34.1%$6.7B+16.5%
Total Equity$5.1B+11.0%$4.9B+11.0%$4.8B+12.4%$4.6B+7.8%$4.6B+12.6%$4.4B+10.5%$4.3B+5.5%$4.3B+4.8%
Retained Earnings$5.3B+12.2%$5.1B+12.8%$5.0B+15.6%$4.8B+12.0%$4.7B+17.7%$4.5B+16.8%$4.3B+13.2%$4.3B+12.0%

Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-Current Liabilities.

COOP Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

COOP quarterly cash flow statement
MetricQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-QQ2'2410-QQ1'2410-QQ4'2310-KQ3'2310-Q
Operating Cash Flow$298.0Mn/m$227.0M+710.7%-$803.0M-747.6%$215.0M-65.5%-$164.0Mn/m$28.0M-82.5%$124.0M-80.1%$623.0M+10.9%
Depreciation & Amortization$11.0M+37.5%$18.0M+125.0%$19.0M+90.0%$9.0M-10.0%$8.0M-11.1%$8.0M-11.1%$10.0M+25.0%$10.0M+11.1%
Investing Cash Flow-$126.0Mn/m-$24.0Mn/m-$1.2Bn/m-$224.0Mn/m-$558.0Mn/m-$715.0Mn/m-$748.0Mn/m-$512.0Mn/m
Financing Cash Flow-$171.0M-121.6%-$226.0M-133.1%$2.1B+211.7%$124.0Mn/m$791.0M+58.2%$682.0Mn/m$660.0Mn/m-$94.0Mn/m
Share Buybacks$0-100.0%$0-100.0%$38.0M-47.2%$46.0M-20.7%$24.0M-57.9%$39.0M-56.2%$72.0M+33.3%$58.0M+16.0%

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid.

COOP Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

COOP quarterly financial ratios
MetricQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-QQ2'2410-QQ1'2410-QQ4'2310-KQ3'2310-Q
Net Margin32.6%-2.4pp15.7%-16.4pp31.2%+19.8pp18.9%-29.0pp35.0%+5.8pp32.1%+20.9pp11.4%+11.1pp47.9%+25.8pp
Return on Equity3.9%-0.6pp1.8%-2.3pp4.2%+3.2pp1.7%-4.7pp4.4%+1.0pp4.1%+3.2pp1.1%+1.0pp6.4%+3.6pp
Return on Assets1.1%-0.2pp0.5%-0.8pp1.1%+0.8pp0.5%-1.6pp1.3%+0.2pp1.2%+0.9pp0.3%+0.3pp2.1%+1.2pp
Debt-to-Equity2.17+0.2x2.29+0.4x2.37+0.6x2.00+0.4x1.97+0.5x1.87+0.5x1.74+0.4x1.55+0.2x
Liabilities-to-Equity2.63+0.2x2.77+0.4x2.94+0.6x2.49+0.4x2.44+0.2x2.35+0.2x2.32+0.2x2.120.0x
Asset Turnover0.030.0x0.030.0x0.030.0x0.030.0x0.040.0x0.040.0x0.030.0x0.040.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Mr. Cooper Group Inc. COOP FY2024 $2.2B $669.0M 30.1% N/A —
UWM Holdings Corporation UWMC FY2025 $3.2B $27.4M 0.9% $2.5B 28/100
Rocket Companies, Inc. RKT FY2025 $6.7B -$68.0M -1.0% $33.5B 46/100
PennyMac Financial Services, Inc. PFSI FY2025 $2.0B $501.1M 24.5% $3.3B 48/100
Walker & Dunlop, Inc. WD FY2025 $1.2B $56.2M 4.6% $1.2B 50/100
loanDepot, Inc. LDI FY2025 $1.2B -$62.6M -5.3% $222.3M 29/100

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 24.0% 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 $570.0M over the trailing 12 months to June 30, 2025. In fiscal year 2024 it reported a net income of $669.0M, 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.

As of fiscal year 2024, Mr. Cooper Group Inc. (COOP) had $753.0M in cash and equivalents against $11.4B in long-term debt.

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) recorded an outflow of $724.0M in operating cash flow during fiscal year 2024, representing cash used by 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 2.37 as of fiscal year 2024. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

Mr. Cooper Group Inc. (COOP) had a liabilities-to-equity ratio of 2.94 as of fiscal year 2024, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-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.

Mr. Cooper Group Inc. (COOP) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

For every $1 of reported earnings, Mr. Cooper Group Inc. (COOP) used $1.08 of operating cash (-$724.0M OCF vs $669.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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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