Ocwen Financial (OCN) Revenue & Revenue Breakdown
Ocwen Financial Revenue Highlights
Latest Revenue (Y)
$1.07B
Latest Revenue (Q)
$239.10M
Main Segment (Y)
Servicing
Ocwen Financial Revenue by Period
Ocwen Financial Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.07B | 6.72% |
| 2022-12-31 | $999.50M | -7.15% |
| 2021-12-31 | $1.08B | 10.19% |
| 2020-12-31 | $976.91M | -14.38% |
| 2019-12-31 | $1.14B | 5.80% |
| 2018-12-31 | $1.08B | -11.68% |
| 2017-12-31 | $1.22B | -13.69% |
| 2016-12-31 | $1.41B | -23.25% |
| 2015-12-31 | $1.84B | -13.63% |
| 2014-12-31 | $2.13B | 3.58% |
| 2013-12-31 | $2.06B | 141.48% |
| 2012-12-31 | $853.34M | 69.29% |
| 2011-12-31 | $504.06M | 40.15% |
| 2010-12-31 | $359.67M | -5.53% |
| 2009-12-31 | $380.73M | -22.64% |
| 2008-12-31 | $492.13M | 2.39% |
| 2007-12-31 | $480.66M | 11.34% |
| 2006-12-31 | $431.72M | 15.01% |
| 2005-12-31 | $375.38M | 73.51% |
| 2004-12-31 | $216.34M | 32.80% |
| 2003-12-31 | $162.90M | 40.50% |
| 2002-12-31 | $115.95M | -27.25% |
| 2001-12-31 | $159.38M | -17.53% |
| 2000-12-31 | $193.25M | -20.60% |
| 1999-12-31 | $243.40M | 3.97% |
| 1998-12-31 | $234.12M | -2.50% |
| 1997-12-31 | $240.11M | 108.77% |
| 1996-12-31 | $115.01M | - |
Ocwen Financial generated $1.07B in revenue during NA 2023, up 6.72% compared to the previous quarter, and up 98.92% compared to the same period a year ago.
Ocwen Financial Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $239.10M | -19.33% |
| 2023-12-31 | $296.40M | 5.29% |
| 2023-09-30 | $281.50M | -3.73% |
| 2023-06-30 | $292.40M | 5.98% |
| 2023-03-31 | $275.90M | 3.93% |
| 2022-12-31 | $265.47M | 0.76% |
| 2022-09-30 | $263.45M | 13.60% |
| 2022-06-30 | $231.91M | -2.84% |
| 2022-03-31 | $238.68M | -21.58% |
| 2021-12-31 | $304.34M | 4.59% |
| 2021-09-30 | $290.97M | 7.91% |
| 2021-06-30 | $269.63M | 27.47% |
| 2021-03-31 | $211.53M | -9.70% |
| 2020-12-31 | $234.25M | -7.35% |
| 2020-09-30 | $252.84M | 9.65% |
| 2020-06-30 | $230.59M | -11.05% |
| 2020-03-31 | $259.24M | -2.41% |
| 2019-12-31 | $265.63M | -7.65% |
| 2019-09-30 | $287.64M | 3.40% |
| 2019-06-30 | $278.18M | -9.81% |
| 2019-03-31 | $308.45M | -2.38% |
| 2018-12-31 | $315.96M | 30.83% |
| 2018-09-30 | $241.51M | -6.03% |
| 2018-06-30 | $257.01M | -2.61% |
| 2018-03-31 | $263.92M | -6.85% |
| 2017-12-31 | $283.31M | -4.06% |
| 2017-09-30 | $295.28M | -6.72% |
| 2017-06-30 | $316.57M | -2.87% |
| 2017-03-31 | $325.91M | -1.03% |
| 2016-12-31 | $329.30M | -11.06% |
| 2016-09-30 | $370.27M | -2.32% |
| 2016-06-30 | $379.05M | 12.77% |
| 2016-03-31 | $336.12M | -7.27% |
| 2015-12-31 | $362.46M | -10.49% |
| 2015-09-30 | $404.95M | -12.59% |
| 2015-06-30 | $463.25M | -9.25% |
| 2015-03-31 | $510.44M | 3.48% |
| 2014-12-31 | $493.29M | -3.97% |
| 2014-09-30 | $513.70M | -7.12% |
| 2014-06-30 | $553.07M | 0.33% |
| 2014-03-31 | $551.26M | -0.84% |
| 2013-12-31 | $555.96M | 4.65% |
| 2013-09-30 | $531.24M | 0.24% |
| 2013-06-30 | $529.97M | 30.32% |
| 2013-03-31 | $406.66M | 74.27% |
| 2012-12-31 | $233.35M | 0.34% |
| 2012-09-30 | $232.56M | 9.48% |
| 2012-06-30 | $212.41M | 27.43% |
| 2012-03-31 | $166.69M | 8.62% |
| 2011-12-31 | $153.46M | 24.26% |
| 2011-09-30 | $123.50M | 16.69% |
| 2011-06-30 | $105.83M | -6.54% |
| 2011-03-31 | $113.23M | 0.60% |
| 2010-12-31 | $112.56M | 18.18% |
| 2010-09-30 | $95.25M | 24.53% |
| 2010-06-30 | $76.49M | -5.26% |
| 2010-03-31 | $80.73M | 9.68% |
| 2009-12-31 | $73.61M | -11.69% |
| 2009-09-30 | $83.35M | -26.44% |
| 2009-06-30 | $113.31M | -3.11% |
| 2009-03-31 | $116.94M | 4.98% |
| 2008-12-31 | $111.39M | -8.14% |
| 2008-09-30 | $121.26M | -7.59% |
| 2008-06-30 | $131.22M | 2.32% |
| 2008-03-31 | $128.25M | 4.13% |
| 2007-12-31 | $123.17M | - |
Ocwen Financial generated $239.10M in revenue during Q1 2024, up -19.33% compared to the previous quarter, and up 90.07% compared to the same period a year ago.
Ocwen Financial Revenue Breakdown
Ocwen Financial Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Servicing | $994.60M | $821.70M | $819.38M | $757.66M | $985.10M |
| Corporate and Other | - | $6.90M | $6.16M | $23.95M | $13.19M |
| Lending | $72.10M | $141.10M | $249.89M | $179.30M | $125.09M |
Ocwen Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Servicing (93.24%), and Lending (6.76%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Servicing | $219.10M | $269.80M | $231.30M | $248.50M | $245.00M | $227.45M | $211.84M | $184.40M | $198.02M | $222.46M | $224.26M | $197.25M | $175.41M | $177.78M | $185.89M | $180.44M | $213.56M | $233.09M | $250.22M | $242.51M |
| Corporate and Other | - | - | $3.20M | $4.20M | $2.00M | $1.92M | $1.54M | $1.63M | $1.80M | $1.83M | $1.53M | $1.51M | $1.29M | $10.88M | $9.39M | $1.04M | $2.64M | $2.84M | $3.79M | $3.03M |
| Originations | $20.00M | $21.00M | $19.30M | $14.80M | $38.31M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Lending | - | - | - | - | - | - | - | $36.26M | $45.02M | $69.46M | $58.77M | $55.37M | $66.29M | $42.35M | $53.76M | $45.55M | $37.65M | $25.70M | $29.50M | $28.79M |
Ocwen Financial's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Servicing (91.64%), and Originations (8.36%).
Ocwen Financial Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| COOP | Mr. Cooper Group | $1.79B | $583.00M |
| PFSI | PennyMac Financial Services | $1.40B | $887.09M |
| ECPG | Encore Capital Group | $1.22B | $355.29M |
| OCN | Ocwen Financial | $1.07B | $239.10M |
| CNF | CNFinance | $837.68M | $245.79M |
| GHLD | Guild Company | $718.13M | $285.69M |
| VEL | Velocity Financial | $376.69M | - |
| SNFCA | Security National Financial | $318.50M | $81.19M |
OCN Revenue FAQ
What is Ocwen Financial’s yearly revenue?
Ocwen Financial's yearly revenue for 2023 was $1.07B, representing an increase of 6.72% compared to 2022. The company's yearly revenue for 2022 was $999.5M, representing a decrease of -7.15% compared to 2021. OCN's yearly revenue for 2021 was $1.08B, representing an increase of 10.19% compared to 2020.
What is Ocwen Financial’s quarterly revenue?
Ocwen Financial's quarterly revenue for Q1 2024 was $239.1M, a -19.33% decrease from the previous quarter (Q4 2023), and a -13.34% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $296.4M, a 5.29% increase from the previous quarter (Q3 2023), and a 11.65% increase year-over-year (Q4 2022). OCN's quarterly revenue for Q3 2023 was $281.5M, a -3.73% decrease from the previous quarter (Q2 2023), and a 6.85% increase year-over-year (Q3 2022).
What is Ocwen Financial’s revenue growth rate?
Ocwen Financial's revenue growth rate for the last 3 years (2021-2023) was -0.91%, and for the last 5 years (2019-2023) was -6.51%.
What are Ocwen Financial’s revenue streams?
Ocwen Financial's revenue streams in c 23 are Servicing, and Lending. Servicing generated $994.6M in revenue, accounting 93.24% of the company's total revenue, up 21.04% year-over-year. Lending generated $72.1M in revenue, accounting 6.76% of the company's total revenue, down -48.90% year-over-year.
What is Ocwen Financial’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Ocwen Financial was Servicing. This segment made a revenue of $994.6M, representing 93.24% of the company's total revenue.