Mr. Cooper Group Inc. (COOP) financial statements (2022 and earlier)
Company profile
| Business Address |
8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 6199 - Finance Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 895 | 695 | 329 | 242 | 30 | 79 | 109 | ||
| Cash and cash equivalents | 895 | 695 | 329 | 242 | 27 | 2 | 10 | ||
| Short-term investments | 4 | 77 | 99 | ||||||
| Total current assets: | 895 | 695 | 329 | 242 | 30 | 79 | 109 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 111 | 97 | 121 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 112 | 96 | |||||||
| Intangible assets, net (including goodwill) | 134 | 154 | 194 | 140 | |||||
| Goodwill | 120 | 120 | 120 | 23 | |||||
| Intangible assets, net (excluding goodwill) | 14 | 34 | 74 | 117 | |||||
| Deferred income tax assets | 991 | 1,340 | 1,345 | ✕ | ✕ | ✕ | ✕ | ||
| Total noncurrent assets: | 1,236 | 1,591 | 1,772 | 236 | |||||
| Other undisclosed assets | 12,073 | 21,879 | 16,204 | 16,495 | 584 | 657 | 576 | ||
| TOTAL ASSETS: | 14,204 | 24,165 | 18,305 | 16,973 | 614 | 736 | 685 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 10,837 | 21,661 | 16,074 | 15,028 | 17 | 40 | 173 | ||
| Total liabilities: | 10,837 | 21,661 | 16,074 | 15,028 | 17 | 40 | 173 | ||
| Temporary equity, carrying amount | 504 | 502 | 502 | ||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 3,366 | 2,503 | 2,232 | 1,942 | 94 | 194 | 10 | ||
| Common stock | 1 | 1 | 1 | 1 | 0 | 0 | 0 | ||
| Treasury stock, value | (630) | (58) | |||||||
| Additional paid in capital | 1,116 | 1,126 | 1,109 | 1,093 | 0 | 108 | 108 | ||
| Retained earnings (accumulated deficit) | 2,879 | 1,434 | 1,122 | 848 | 94 | 86 | (98) | ||
| Stockholders' equity attributable to noncontrolling interest | 1 | 1 | (1) | 3 | |||||
| Total stockholders' equity: | 3,367 | 2,504 | 2,231 | 1,945 | 94 | 194 | 10 | ||
| TOTAL LIABILITIES AND EQUITY: | 14,204 | 24,165 | 18,305 | 16,973 | 614 | 736 | 685 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,318 | 2,733 | 2,007 | 8 | 5 | 6 | ||
| Gain on disposition of assets for financial service operations | 2,251 | 2,310 | 1,098 | ✕ | ✕ | ✕ | ||
| Financial services revenue | ✕ | ✕ | ✕ | ✕ | 1 | 3 | 5 | |
| Gross profit: | 3,318 | 2,733 | 2,007 | 8 | 5 | 6 | ||
| Operating expenses | (1,662) | (1,831) | (1,851) | (15) | (7) | (21) | ||
| Other undisclosed operating income | 4 | 2 | 0 | |||||
| Operating income (loss): | 1,656 | 902 | 156 | (2) | 0 | (15) | ||
| Nonoperating income (expense) | 281 | (503) | (159) | 28 | 202 | (47) | ||
| Other nonoperating income (expense) | 528 | (135) | 15 | 28 | 202 | (47) | ||
| Interest and debt expense | (478) | (138) | (779) | (2) | (3) | (4) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,459 | 261 | (782) | 24 | 199 | (66) | ||
| Other undisclosed income from continuing operations before income taxes | 478 | 138 | 779 | |||||
| Income (loss) from continuing operations before income taxes: | 1,937 | 399 | (3) | 24 | 199 | (66) | ||
| Income tax expense (benefit) | (471) | (92) | 273 | |||||
| Income (loss) from continuing operations: | 1,466 | 307 | 270 | 24 | 199 | (66) | ||
| Loss from discontinued operations | (12) | |||||||
| Net income (loss): | 1,454 | 307 | 270 | 24 | 199 | (66) | ||
| Net income (loss) attributable to noncontrolling interest | (2) | 4 | ||||||
| Other undisclosed net income attributable to parent | 2 | 3 | 4 | |||||
| Net income (loss) attributable to parent: | 1,454 | 305 | 274 | 26 | 202 | (62) | ||
| Preferred stock dividends and other adjustments | (28) | (18) | (18) | (35) | ||||
| Undistributed earnings (loss) allocated to participating securities, basic | (8) | (3) | (2) | ✕ | ✕ | |||
| Other undisclosed net income available to common stockholders, basic | 18 | |||||||
| Net income (loss) available to common stockholders, diluted: | 1,418 | 302 | 272 | 8 | 184 | (80) | ||
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,454 | 307 | 270 | 24 | 199 | (66) | ||
| Comprehensive income (loss): | 1,454 | 307 | 270 | 24 | 199 | (66) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (2) | 4 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,454 | 305 | 274 | 24 | 199 | (66) | ||
Statements sources
The financial statements are based on the company's filings with the 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.