Velocity Financial Llc
Velocity Financial, Inc. operates as a real estate finance company in the United States. It originates, securitizes, and manages a portfolio of loans, which are secured by real estate, including investor 1-4 unit residential rental properties; residential apartments combined with office or retail space; and loans for multi-family, mixed use, and commercial properties. The company also provides wa… Read more
Velocity Financial Llc (VEL) - Net Assets
Latest net assets as of September 2025: $637.46 Million USD
Based on the latest financial reports, Velocity Financial Llc (VEL) has net assets worth $637.46 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.96 Billion) and total liabilities ($6.32 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $637.46 Million |
| % of Total Assets | 9.16% |
| Annual Growth Rate | 20.7% |
| 5-Year Change | 136.9% |
| 10-Year Change | 501.87% |
| Growth Volatility | 24.57 |
Velocity Financial Llc - Net Assets Trend (2014–2024)
This chart illustrates how Velocity Financial Llc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Velocity Financial Llc (2014–2024)
The table below shows the annual net assets of Velocity Financial Llc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $520.22 Million | +19.08% |
| 2023-12-31 | $436.87 Million | +14.82% |
| 2022-12-31 | $380.50 Million | +10.45% |
| 2021-12-31 | $344.49 Million | +56.88% |
| 2020-12-31 | $219.59 Million | +43.67% |
| 2019-12-31 | $152.84 Million | +9.39% |
| 2018-12-31 | $139.72 Million | +6.70% |
| 2017-12-31 | $130.94 Million | -11.75% |
| 2016-12-31 | $148.38 Million | +71.67% |
| 2015-12-31 | $86.43 Million | +9.02% |
| 2014-12-31 | $79.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Velocity Financial Llc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 19732500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $197.32 Million | 38.17% |
| Common Stock | $339.00K | 0.07% |
| Other Comprehensive Income | $-805.00K | -0.16% |
| Other Components | $320.08 Million | 61.92% |
| Total Equity | $516.94 Million | 100.00% |
Velocity Financial Llc Competitors by Market Cap
The table below lists competitors of Velocity Financial Llc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Moshi Moshi Retail Corp. PCL
BK:MOSHI
|
$92.54 Million |
|
Cy4gate S.p.A.
F:68H
|
$92.61 Million |
|
HaiNan Pearl River Holdings Co Ltd Class B
SHE:200505
|
$92.61 Million |
|
Celxpert Energy
TWO:3323
|
$92.62 Million |
|
VAXART INC. DL-10
F:NB11
|
$92.50 Million |
|
Jiangsu GDK Biotechnology Co Ltd
SHG:688670
|
$92.38 Million |
|
Investcorp Europe Acquisition I Corp
NASDAQ:IVCB
|
$92.36 Million |
|
Aker Biomarine AS
OL:AKBM
|
$92.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Velocity Financial Llc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 433,444,000 to 516,944,000, a change of 83,500,000 (19.3%).
- Net income of 68,419,000 contributed positively to equity growth.
- Share repurchases of 10,145,000 reduced equity.
- New share issuances of 10,145,000 increased equity.
- Other comprehensive income increased equity by 405,000.
- Other factors increased equity by 14,676,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $68.42 Million | +13.24% |
| Share Repurchases | $10.14 Million | -1.96% |
| Share Issuances | $10.14 Million | +1.96% |
| Other Comprehensive Income | $405.00K | +0.08% |
| Other Changes | $14.68 Million | +2.84% |
| Total Change | $- | 19.26% |
Book Value vs Market Value Analysis
This analysis compares Velocity Financial Llc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.49x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $3.95 | $17.72 | x |
| 2015-12-31 | $4.30 | $17.72 | x |
| 2016-12-31 | $96.44 | $17.72 | x |
| 2017-12-31 | $11.14 | $17.72 | x |
| 2018-12-31 | $11.89 | $17.72 | x |
| 2019-12-31 | $7.61 | $17.72 | x |
| 2020-12-31 | $10.93 | $17.72 | x |
| 2021-12-31 | $10.04 | $17.72 | x |
| 2022-12-31 | $11.04 | $17.72 | x |
| 2023-12-31 | $12.57 | $17.72 | x |
| 2024-12-31 | $14.46 | $17.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Velocity Financial Llc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.24%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.17%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 10.69x
- Recent ROE (13.24%) is above the historical average (7.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -7.95% | -23.79% | 0.06x | 5.66x | $-14.23 Million |
| 2015 | 8.28% | 12.66% | 0.06x | 10.56x | $-1.49 Million |
| 2016 | 0.60% | 9.01% | 0.07x | 1.00x | $-106.52 Million |
| 2017 | 10.68% | 14.74% | 0.07x | 10.48x | $894.70K |
| 2018 | 5.46% | 6.28% | 0.07x | 12.44x | $-6.34 Million |
| 2019 | 11.31% | 11.32% | 0.07x | 14.49x | $2.01 Million |
| 2020 | 8.10% | 10.72% | 0.08x | 9.58x | $-4.18 Million |
| 2021 | 8.57% | 16.12% | 0.06x | 8.25x | $-4.89 Million |
| 2022 | 8.55% | 12.97% | 0.07x | 9.95x | $-5.47 Million |
| 2023 | 12.06% | 39.69% | 0.03x | 10.16x | $8.93 Million |
| 2024 | 13.24% | 14.17% | 0.09x | 10.69x | $16.72 Million |
Industry Comparison
This section compares Velocity Financial Llc's net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $854,818,960
- Average return on equity (ROE) among peers: -13.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Velocity Financial Llc (VEL) | $637.46 Million | -7.95% | 9.92x | $92.51 Million |
| Atrium Mortgage Investment Corporation (AMIVF) | $482.21 Million | 10.68% | 0.82x | $339.62 Million |
| AVVAA World Health Care Products Inc (AVVH) | $-41.07K | 0.00% | 0.00x | $16.78 |
| Better Home & Finance Holding Company (BETR) | $15.42 Million | 64.09% | 22.39x | $351.94 Million |
| Eastside Distilling, Inc. (BLNE) | $1.58 Million | -256.44% | 0.29x | $50.97 Million |
| Dominion Lending Centres Inc (BRLGF) | $157.84 Million | -4.27% | 1.04x | $184.06 Million |
| CNFinance Holdings Ltd (CNF) | $6.11 Billion | 1.07% | 1.36x | $38.54 Million |
| Mr. Cooper Group Inc (COOP) | $882.60 Million | 10.81% | 9.17x | $13.29 Billion |
| Dominion Resources Black Warrior Trust (DOMR) | $11.00 Million | 38.58% | 0.01x | $0.99 |
| DVL Inc (DVLN) | $7.57 Million | 6.67% | 5.00x | $18.05 Million |
| ECN Capital Corp. (ECNNF) | $879.03 Million | -1.68% | 0.96x | $1.32 Billion |