Velocity Financial, Inc. financial data

Symbol
VEL on NYSE
Industry
Finance Services
Location
2945 Townsgate Road, Suite 110, Westlake Village, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Velocity Financial, LLC (to 1/17/2020)
Latest financial report
10-K - Q4 2024 - Mar 12, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 950 % +6.23%
Return On Equity 14.1 % +11.6%
Return On Assets 1.35 % +5.46%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34M shares +3.19%
Common Stock, Shares, Outstanding 33.5M shares +2.07%
Entity Public Float 161M USD +60.3%
Common Stock, Value, Issued 339K USD +2.42%
Weighted Average Number of Shares Outstanding, Basic 32.7M shares +1.39%
Weighted Average Number of Shares Outstanding, Diluted 35.8M shares +3.7%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 96.4M USD +35.5%
Income Tax Expense (Benefit) 27.9M USD +48.3%
Net Income (Loss) Attributable to Parent 68.4M USD +30.9%
Earnings Per Share, Basic 2.07 USD/shares +29.4%
Earnings Per Share, Diluted 1.91 USD/shares +25.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 49.9M USD +23%
Deferred Income Tax Assets, Net 13.6M USD +482%
Property, Plant and Equipment, Net 1.65M USD -40.8%
Operating Lease, Right-of-Use Asset 2.5M USD -1.69%
Goodwill 6.78M USD 0%
Assets 5.53B USD +25.5%
Liabilities 5.01B USD +26.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -805K USD +33.5%
Retained Earnings (Accumulated Deficit) 197M USD +53.1%
Stockholders' Equity Attributable to Parent 517M USD +19.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 520M USD +19.1%
Liabilities and Equity 5.53B USD +25.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 10.6M USD
Net Cash Provided by (Used in) Financing Activities 199M USD +157%
Net Cash Provided by (Used in) Investing Activities -212M USD -197%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 33.8M shares +2.35%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2.88M USD +52.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 58.9M USD +33.4%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 15.8M USD +135%
Operating Lease, Liability 2.7M USD 0%
Payments to Acquire Property, Plant, and Equipment 41K USD -14.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 68.8M USD +34.8%
Lessee, Operating Lease, Liability, to be Paid 3.37M USD +3.57%
Property, Plant and Equipment, Gross 9.63M USD -7.41%
Lessee, Operating Lease, Liability, to be Paid, Year Two 604K USD +17.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 732K USD -43.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure +13%
Deferred Income Tax Expense (Benefit) 480K USD -80.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 670K USD +21.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 649K USD +99.7%
Unrecognized Tax Benefits 305K USD -21.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 616K USD +122%
Additional Paid in Capital 323M USD +5.29%
Depreciation, Depletion and Amortization 182K USD -6.67%
Share-based Payment Arrangement, Expense 4.13M USD +23.5%