Ocwen Financial (OCN) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

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	$424.00M
PFSI	PennyMac Financial Services	$1.40B	$411.83M
ECPG	Encore Capital Group	$1.22B	$340.79M
OCN	Ocwen Financial	$1.07B	$239.10M
CNF	CNFinance	$837.68M	$245.79M
GHLD	Guild Company	$718.13M	$159.26M
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.