Nationstar Mortgage Holdings Inc (NSM) Financial Statements (2024 and earlier)

Company Profile

Business Address 8950 CYPRESS WATERS BOULEVARD
COPPELL, TX 75019
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6162 - Mortgage Bankers and Loan Correspondents (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2018
MRQ
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 215,000489,000613,241299,002441,902152,649
Cash and cash equivalents 215,000489,000613,241299,002441,902152,649
Receivables   229,452350,179105,69339,029
Total current assets: 215,000489,000842,693649,181547,595191,678
Noncurrent Assets
Property, plant and equipment 121,000136,000142,836129,611119,18575,026
Long-term investments and receivables 4,000     
Long-term investments 4,000     
Intangible assets, net (including goodwill) 91,000102,000121,01074,32360,557
Goodwill 72,00074,00071,14154,70138,820 
Intangible assets, net (excluding goodwill) 19,00028,00049,86919,62221,737 
Total noncurrent assets: 216,000238,000263,846203,934179,74275,026
Other undisclosed assets 17,605,00018,866,00015,547,53110,259,56013,299,3526,859,439
TOTAL ASSETS: 18,036,00019,593,00016,654,07011,112,67514,026,6897,126,143
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities 16,314,00017,910,00014,886,6939,888,39713,036,7916,368,461
Total liabilities: 16,314,00017,910,00014,886,6939,888,39713,036,7916,368,461
Equity
Equity, attributable to parent 1,715,0001,677,0001,758,1141,218,982984,908757,682
Common stock 1,0001,0001,084910906905
Treasury stock, value (148,000)(147,000)(29,780)(12,433)(6,944) 
Common stock held by subsidiary      (4,566)
Additional paid in capital 1,131,0001,122,0001,104,972587,446566,642556,056
Accumulated other comprehensive income     1,963 
Retained earnings 731,000701,000681,838643,059422,341205,287
Equity, attributable to noncontrolling interest 7,0006,0009,2635,2964,990 
Total equity: 1,722,0001,683,0001,767,3771,224,278989,898757,682
TOTAL LIABILITIES AND EQUITY: 18,036,00019,593,00016,654,07011,112,67514,026,6897,126,143

Income Statement (P&L) ($ in thousands)

6/30/2018
TTM
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues 1,650,0001,915,0001,988,6351,973,0682,086,985984,315
Financial services revenue 607,000797,000683,8751,973,0681,384,222497,151
Cost of revenue
(Amortization of Mortgage Servicing Rights (MSRs))
      (5,120)
Gross profit: 1,650,0001,915,0001,988,6351,973,0682,086,985979,195
Operating expenses (1,475,000)(1,644,000)(1,687,579)(1,357,691)(1,402,278)(582,045)
Operating income: 175,000271,000301,056615,377684,707397,150
Nonoperating expense (131,000)(242,000)(246,881)(329,493)(338,453)(125,687)
Mortgage servicing rights (msr) impairment (recovery)    (233,537)(59,101)68,242
Interest and debt expense (731,000)(665,000)8,237(519,787)(538,805)(197,308)
Income (loss) from continuing operations before equity method investments, income taxes: (687,000)(636,000)62,412(233,903)(192,551)74,155
Loss from equity method investments      (14,571)
Other undisclosed income (loss) from continuing operations before income taxes 731,000665,000(8,237)519,787538,805216,999
Income from continuing operations before income taxes: 44,00029,00054,175285,884346,254276,583
Income tax expense (13,000)(13,000)(11,012)(64,860)(129,200)(71,296)
Income from continuing operations: 31,00016,00043,163221,024217,054205,287
Income before gain (loss) on sale of properties: 31,00016,00043,163221,024217,054205,287
Net income: 31,00016,00043,163221,024217,054205,287
Net income (loss) attributable to noncontrolling interest (1,000)3,000(4,384)(306)  
Net income available to common stockholders, diluted: 30,00019,00038,779220,718217,054205,287

Comprehensive Income ($ in thousands)

6/30/2018
TTM
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income: 31,00016,00043,163221,024217,054205,287
Comprehensive income: 31,00016,00043,163221,024217,054205,287
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (1,000)3,000(4,384)(306)  
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    (1,963)1,963 
Comprehensive income, net of tax, attributable to parent: 30,00019,00038,779218,755219,017205,287

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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