PHH Corp (PHH) financial statements (2021 and earlier)

Company profile

Business Address 3000 LEADENHALL ROAD
MT. LAUREL, NJ 08054
State of Incorp. MD
Fiscal Year End December 31
SIC 6159 - Miscellaneous business Credit Institutions (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

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 investments5429069061,2591,245829
Cash and cash equivalents5429069061,2591,245829
Total current assets:5429069061,2591,245829
Noncurrent Assets
Property, plant and equipment223647367579
Long-term investments and receivables 1032343738
Long-term investments 1032343738
Intangible assets, net (including goodwill)    3941
Goodwill    2525
Intangible assets, net (excluding goodwill)    1416
Total noncurrent assets:22467970151158
Other undisclosed assets1,2472,2232,6672,9677,4528,616
TOTAL ASSETS:1,8113,1753,6524,2968,8489,603
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,2582,0522,3042,7257,1588,041
Total liabilities:1,2582,0522,3042,7257,1588,041
Stockholders' equity
Stockholders' equity attributable to parent5531,0921,3181,5451,6661,526
Common stock 11111
Additional paid in capital5658879119891,1421,127
Accumulated other comprehensive income (loss)(9)(10)(10)(11)1626
Retained earnings (accumulated deficit)(3)214416566507372
Stockholders' equity attributable to noncontrolling interest 3130262436
Total stockholders' equity:5531,1231,3481,5711,6901,562
TOTAL LIABILITIES AND EQUITY:1,8113,1753,6524,2968,8489,603

Income statement (P&L) ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenue, net    1,3861,364
Financial services revenue488895976 482526
Gross profit:4566227906392,8422,743
Operating expenses(729)(926)(1,003)(923)(2,601)(2,656)
Other operating income, net
(Noninterest Income, Other Operating Income)
   228485
Operating income (loss):(273)(304)(213)(262)325172
Nonoperating income (expense) (238) 320(34)476
Loss on contract termination    (21)(16)
Mortgage servicing rights (msr) impairment (recovery) (238) 320(13)497
Interest and debt expense(34)(75)(30)   
Other undisclosed loss from continuing operations before equity method investments, income taxes   (342)(50)(561)
Income (loss) from continuing operations before equity method investments, income taxes:(307)(617)(243)(284)24187
Other undisclosed income from continuing operations before income taxes3431330   
Income (loss) from continuing operations before income taxes:(273)(304)(213)(284)24187
Income tax expense (benefit)791118299(77)6
Income (loss) from continuing operations:(194)(193)(131)(185)16493
Income from discontinued operations   272  
Net income (loss):(194)(193)(131)8716493
Net loss attributable to noncontrolling interest(23)(9)(14)(6)(29)(59)
Net income (loss) available to common stockholders, diluted:(217)(202)(145)8113534

Comprehensive Income ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):(194)(193)(131)8716493
Other comprehensive income (loss)1 1(27)(10)5
Comprehensive income (loss):(193)(193)(130)6015498
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(23)(9)(14)62959
Other undisclosed comprehensive loss, net of tax, attributable to parent   (12)(58)(118)
Comprehensive income (loss), net of tax, attributable to parent:(216)(202)(144)5412539

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: