NewtekOne (NEWT) Financials

$10.76 +0.04 (+0.37%)

Closing price 05/23/2025 04:00 PM Eastern

Extended Trading

$10.75 -0.01 (-0.09%)

As of 05/23/2025 04:04 PM Eastern

Annual Income Statements for NewtekOne

This table shows NewtekOne's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Income / (Loss) Attributable to Common Shareholders	49	46	32	84
Consolidated Net Income / (Loss)	51	47	32	84
Net Income / (Loss) Continuing Operations	51	47	32	84
Total Pre-Tax Income	69	45	39	85
Total Operating Income	111	87	40	104
Total Gross Profit	195	167	86	147
Total Revenue	299	245	106	165
Operating Revenue	299	245	106	165
Total Cost of Revenue	104	77	20	18
Operating Cost of Revenue	78	66	20	18
Other Cost of Revenue	26	12	0.00	0.00
Total Operating Expenses	85	80	46	43
Selling, General & Admin Expense	37	35	15	13
Depreciation Expense	1.78	2.88	0.24	0.30
Other Operating Expenses / (Income)	46	42	31	30
Total Other Income / (Expense), net	-42	-42	-1.54	-19
Interest Expense	52	52	26	22
Interest & Investment Income	11	11	25	9.90
Income Tax Expense	18	-1.96	6.46	1.33
Preferred Stock Dividends Declared	1.60	1.45	0.00	0.00
Basic Earnings per Share	$1.97	$1.89	$1.34	$3.69
Weighted Average Basic Shares Outstanding	26.29M	24.71M	-	-
Diluted Earnings per Share	$1.96	$1.88	$1.34	$3.69
Weighted Average Diluted Shares Outstanding	26.29M	24.71M	-	-
Weighted Average Basic & Diluted Shares Outstanding	26.29M	24.71M	-	-
Cash Dividends to Common per Share	$0.38	-	-	-

This table shows NewtekOne's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	18	12	11	9.25	10	11	6.61	18	-2.22	11
Consolidated Net Income / (Loss)	18	12	11	9.65	11	11	7.01	19	-2.22	11
Net Income / (Loss) Continuing Operations	18	12	11	9.65	11	11	7.01	19	-2.22	11
Total Pre-Tax Income	24	17	15	13	15	14	9.61	6.60	4.07	11
Total Operating Income	29	29	27	25	24	26	20	17	-2.42	13
Total Gross Profit	53	49	47	46	47	44	39	37	9.81	21
Total Revenue	75	75	74	76	65	61	60	59	21	26
Operating Revenue	75	75	74	76	65	61	60	59	21	26
Total Cost of Revenue	21	26	27	30	17	17	21	22	11	4.77
Operating Cost of Revenue	12	19	21	26	13	14	18	21	11	4.77
Other Cost of Revenue	9.47	6.93	5.80	4.02	4.37	3.45	2.58	1.32	-	0.00
Total Operating Expenses	25	20	20	21	23	18	19	20	12	8.11
Selling, General & Admin Expense	12	8.82	7.13	9.62	12	7.47	8.04	8.07	-0.24	3.33
Depreciation Expense	0.21	0.52	0.52	0.53	0.61	0.73	0.75	0.79	0.06	0.06
Other Operating Expenses / (Income)	13	10	12	10	11	9.39	11	11	8.85	8.30
Total Other Income / (Expense), net	-4.86	-12	-13	-12	-9.03	-12	-10	-10	6.49	-1.32
Interest Expense	14	13	13	13	13	13	13	13	8.37	6.92
Interest & Investment Income	3.26	2.72	2.57	2.01	2.63	3.46	3.04	1.49	12	7.22
Income Tax Expense	5.43	5.12	3.84	3.45	3.98	3.42	2.60	-12	6.29	0.12
Preferred Stock Dividends Declared	0.40	0.40	0.40	0.40	0.41	0.40	0.40	0.25	-	0.00
Basic Earnings per Share	$0.71	$0.45	$0.43	$0.38	$0.43	$0.43	$0.27	$0.76	($0.09)	$0.47
Weighted Average Basic Shares Outstanding	26.29M	26.31M	25.96M	24.73M	24.71M	24.65M	24.67M	24.61M	0.00	24.42M
Diluted Earnings per Share	$0.70	$0.45	$0.43	$0.38	$0.44	$0.43	$0.27	$0.74	($0.09)	$0.47
Weighted Average Diluted Shares Outstanding	26.29M	26.31M	25.96M	24.73M	24.71M	24.65M	24.67M	24.61M	0.00	24.42M
Weighted Average Basic & Diluted Shares Outstanding	26.29M	26.31M	25.96M	24.73M	24.71M	24.65M	24.67M	24.61M	0.00	24.42M

This table details how cash moves in and out of NewtekOne's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Change in Cash & Equivalents	199	3.52	-61	191
Net Cash From Operating Activities	-153	-169	-62	141
Net Cash From Continuing Operating Activities	-153	-169	-62	196
Net Income / (Loss) Continuing Operations	51	47	32	84
Consolidated Net Income / (Loss)	51	47	32	84
Depreciation Expense	-8.93	-0.34	-24	4.25
Amortization Expense	3.73	3.38	2.49	2.65
Non-Cash Adjustments To Reconcile Net Income	-199	-196	-90	-27
Changes in Operating Assets and Liabilities, net	0.08	-23	17	132
Net Cash From Investing Activities	-209	-172	-0.01	0.00
Net Cash From Continuing Investing Activities	-209	-172	-0.01	0.00
Purchase of Property, Plant & Equipment	-0.44	-0.46	-0.01	0.00
Acquisitions	0.00	11	0.00	0.00
Purchase of Investments	-59	-42	0.00	0.00
Sale and/or Maturity of Investments	62	0.56	0.00	0.00
Other Investing Activities, net	-212	-142	0.00	0.00
Net Cash From Financing Activities	561	345	1.18	-5.49
Net Cash From Continuing Financing Activities	561	345	1.18	-5.49
Repayment of Debt	-153	-96	-85	-227
Repurchase of Common Equity	-0.40	0.00	0.00	0.00
Payment of Dividends	-20	-14	-65	-70
Issuance of Debt	218	115	152	243
Issuance of Preferred Equity	0.00	19	0.00	0.00
Issuance of Common Equity	14	0.05	2.02	50
Other Financing Activities, net	502	320	-3.38	-1.58
Cash Interest Paid	79	66	25	20
Cash Income Taxes Paid	7.43	6.88	0.00	0.00

This table details how cash moves in and out of NewtekOne's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	181	-8.67	46	-19	-72	-33	62	47	17	-37
Net Cash From Operating Activities	-92	-26	2.92	-39	-68	101	-86	-116	65	-62
Net Cash From Continuing Operating Activities	-102	-20	5.88	-37	-68	102	-86	-117	38	-55
Net Income / (Loss) Continuing Operations	18	12	11	9.65	11	11	7.01	19	-2.22	11
Consolidated Net Income / (Loss)	18	12	11	9.65	11	11	7.01	19	-2.22	11
Depreciation Expense	-11	0.17	-1.51	3.42	0.26	0.73	0.20	-1.52	-27	-0.36
Amortization Expense	1.14	0.61	1.06	0.93	2.32	-0.87	0.68	1.25	0.60	0.64
Non-Cash Adjustments To Reconcile Net Income	-103	-33	-3.67	-60	-90	93	-89	-110	-60	-15
Changes in Operating Assets and Liabilities, net	-7.31	0.02	-0.93	8.30	8.66	-1.70	-4.81	-25	127	-52
Net Cash From Investing Activities	-86	-25	-54	-44	-34	-64	-51	-24	-	-
Net Cash From Continuing Investing Activities	-86	-25	-54	-44	-34	-64	-51	-24	-	-
Purchase of Property, Plant & Equipment	-0.06	-0.25	-0.07	-0.06	-0.17	-0.16	0.04	-0.17	-	-
Purchase of Investments	-59	117	-117	0.00	-14	-	-	-	-	-
Sale and/or Maturity of Investments	53	4.89	-0.20	4.07	0.56	28	-0.00	-28	-	-
Other Investing Activities, net	-80	-147	63	-48	-21	-63	-51	-7.08	-	-
Net Cash From Financing Activities	369	36	94	62	29	-70	199	187	-22	19
Net Cash From Continuing Financing Activities	369	36	94	62	29	-70	199	187	-22	19
Repayment of Debt	-27	-66	-37	-23	-22	16	-53	-36	7.40	-23
Payment of Dividends	-5.24	-5.23	-5.02	-4.77	-4.77	-4.77	-4.61	0.00	-16	-15
Issuance of Debt	72	75	28	44	27	-63	54	97	-12	56
Issuance of Common Equity	0.07	0.03	-	-	0.05	-	-	-	1.29	-
Other Financing Activities, net	330	33	94	46	30	-18	203	106	-2.55	-0.05
Cash Interest Paid	20	22	18	19	17	19	19	12	7.00	-
Cash Income Taxes Paid	0.21	3.88	3.26	0.07	4.33	0.51	-2.49	4.54	-	-

This table presents NewtekOne's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Total Assets	2,060	1,430	999	1,057
Total Current Assets	50	66	126	2.40
Cash & Equivalents	6.94	15	54	2.40
Restricted Cash	28	31	72	-
Short-Term Investments	24	32	0.00	-
Other Current Assets	-30	-13	0.00	-
Other Current Nonoperating Assets	21	0.00	-	-
Plant, Property, & Equipment, net	591	324	0.00	0.00
Total Noncurrent Assets	1,925	1,302	606	296
Long-Term Investments	19	19	17	0.39
Noncurrent Note & Lease Receivables	3.59	3.64	0.00	-
Goodwill	15	30	0.00	-
Noncurrent Deferred & Refundable Income Taxes	0.00	5.23	0.00	-
Other Noncurrent Operating Assets	1,887	1,243	590	295
Total Liabilities & Shareholders' Equity	2,060	1,430	999	1,057
Total Liabilities	1,764	1,180	624	653
Total Current Liabilities	1,025	506	21	11
Short-Term Debt	962	453	0.00	-
Accounts Payable	41	37	21	11
Customer Deposits	11	10	0.00	-
Dividends Payable	5.23	4.79	0.00	-
Other Current Nonoperating Liabilities	6.22	0.00	-	-
Total Noncurrent Liabilities	738	675	602	642
Long-Term Debt	708	644	539	472
Noncurrent Deferred & Payable Income Tax Liabilities	2.24	0.00	19	13
Other Noncurrent Operating Liabilities	28	31	44	157
Commitments & Contingencies	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	296	249	375	404
Total Preferred & Common Equity	296	249	375	404
Preferred Stock	20	20	0.00	0.00
Total Common Equity	277	229	375	404
Common Stock	219	201	355	368
Retained Earnings	58	28	21	36
Accumulated Other Comprehensive Income / (Loss)	-0.02	-0.15	0.00	-

This table presents NewtekOne's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	1,674	1,617	1,510	1,380	1,439	1,250	1,007
Total Current Assets	298	81	839	86	115	297	7.36
Cash & Equivalents	9.69	37	12	16	49	27	7.36
Restricted Cash	28	37	36	71	67	73	-
Short-Term Investments	24	28	28	-	-	33	-
Other Current Assets	-26	-21	381	-	-	165	-
Other Current Nonoperating Assets	263	-	-	-	-	-	-
Plant, Property, & Equipment, net	492	431	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	1,338	1,484	1,021	1,294	1,324	977	214
Long-Term Investments	19	19	18	-	-	26	0.08
Noncurrent Note & Lease Receivables	3.61	3.77	3.77	-8.21	-4.76	1.29	-
Goodwill	15	30	30	27	28	28	-
Noncurrent Deferred & Refundable Income Taxes	0.00	1.94	2.72	8.66	4.62	8.23	-
Other Noncurrent Operating Assets	1,301	1,430	966	1,266	1,296	913	214
Total Liabilities & Shareholders' Equity	1,674	1,617	1,510	1,380	1,439	1,250	1,007
Total Liabilities	1,392	1,343	1,255	1,153	1,218	1,032	615
Total Current Liabilities	705	662	560	44	45	293	12
Short-Term Debt	638	606	507	-	-	225	-
Accounts Payable	45	47	42	39	41	45	12
Customer Deposits	11	4.92	5.47	-	-	23	-
Dividends Payable	5.24	5.25	5.04	4.77	4.77	-	-
Other Current Nonoperating Liabilities	4.96	-	-	-	-	-	-
Total Noncurrent Liabilities	688	681	695	1,110	1,173	738	603
Long-Term Debt	656	652	662	1,081	1,145	697	546
Noncurrent Deferred & Payable Income Tax Liabilities	4.70	-	-	0.00	0.00	3.52	13
Other Noncurrent Operating Liabilities	27	29	33	29	28	37	44
Total Equity & Noncontrolling Interests	282	274	254	227	221	218	392
Total Preferred & Common Equity	282	274	254	227	221	219	392
Preferred Stock	20	20	20	20	20	20	0.00
Total Common Equity	262	254	234	207	201	199	392
Common Stock	217	216	202	193	193	192	371
Retained Earnings	45	38	33	14	9.08	7.05	21
Accumulated Other Comprehensive Income / (Loss)	0.03	-0.14	-0.14	-0.18	-0.20	-0.08	-

This table displays calculated financial ratios and metrics derived from NewtekOne's official financial filings.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Growth Metrics	-	-	-	-
Revenue Growth	22.39%	130.20%	-35.64%	0.00%
EBITDA Growth	17.10%	380.45%	-82.09%	0.00%
EBIT Growth	27.18%	115.62%	-58.71%	0.00%
NOPAT Growth	-9.74%	169.91%	-67.32%	0.00%
Net Income Growth	7.45%	46.48%	-61.60%	0.00%
EPS Growth	4.26%	40.30%	-63.69%	0.00%
Operating Cash Flow Growth	9.58%	-171.11%	-144.29%	0.00%
Free Cash Flow Firm Growth	14.32%	-94.79%	0.00%	0.00%
Invested Capital Growth	57.38%	199.78%	0.00%	0.00%
Revenue Q/Q Growth	-3.06%	15.76%	0.00%	0.00%
EBITDA Q/Q Growth	-4.13%	61.23%	0.00%	0.00%
EBIT Q/Q Growth	8.39%	21.94%	0.00%	0.00%
NOPAT Q/Q Growth	3.11%	28.50%	0.00%	0.00%
Net Income Q/Q Growth	17.23%	38.15%	0.00%	0.00%
EPS Q/Q Growth	15.29%	39.26%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-18.46%	-366.18%	54.89%	0.00%
Free Cash Flow Firm Q/Q Growth	-100.94%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	40.44%	23.53%	0.00%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	65.22%	68.36%	81.01%	89.18%
EBITDA Margin	35.18%	36.77%	17.62%	63.30%
Operating Margin	36.92%	35.52%	37.93%	63.22%
EBIT Margin	36.92%	35.52%	37.93%	59.12%
Profit (Net Income) Margin	16.98%	19.34%	30.40%	50.95%
Tax Burden Percent	74.03%	104.31%	83.33%	98.45%
Interest Burden Percent	62.14%	52.20%	96.18%	87.53%
Effective Tax Rate	25.97%	-4.31%	16.67%	1.55%
Return on Invested Capital (ROIC)	4.20%	8.97%	13.29%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	2.35%	2.77%	11.32%	0.00%
Return on Net Nonoperating Assets (RNNOA)	14.45%	6.19%	1.89%	0.00%
Return on Equity (ROE)	18.65%	15.16%	15.18%	0.00%
Cash Return on Invested Capital (CROIC)	-40.39%	-90.97%	-186.71%	0.00%
Operating Return on Assets (OROA)	6.34%	7.16%	3.92%	0.00%
Return on Assets (ROA)	2.91%	3.90%	3.14%	0.00%
Return on Common Equity (ROCE)	17.30%	14.68%	15.18%	0.00%
Return on Equity Simple (ROE_SIMPLE)	17.16%	19.00%	8.61%	0.00%
Net Operating Profit after Tax (NOPAT)	82	91	34	103
NOPAT Margin	27.33%	37.06%	31.60%	62.24%
Net Nonoperating Expense Percent (NNEP)	1.85%	6.21%	1.97%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	4.16%	6.73%	3.67%	-
Cost of Revenue to Revenue	34.78%	31.64%	18.99%	10.82%
SG&A Expenses to Revenue	12.38%	14.48%	13.93%	7.91%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	28.31%	32.84%	43.08%	25.96%
Earnings before Interest and Taxes (EBIT)	111	87	40	98
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	105	90	19	105
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	1.21	1.39	0.94	0.00
Price to Tangible Book Value (P/TBV)	1.28	1.61	0.94	0.00
Price to Revenue (P/Rev)	1.12	1.31	3.34	1.03
Price to Earnings (P/E)	6.82	6.97	10.98	2.01
Dividend Yield	5.95%	5.55%	18.94%	14.06%
Earnings Yield	14.66%	14.35%	9.11%	49.63%
Enterprise Value to Invested Capital (EV/IC)	0.82	0.88	1.49	0.00
Enterprise Value to Revenue (EV/Rev)	6.50	5.47	7.07	0.00
Enterprise Value to EBITDA (EV/EBITDA)	18.49	14.89	40.15	0.00
Enterprise Value to EBIT (EV/EBIT)	17.62	15.41	18.65	0.00
Enterprise Value to NOPAT (EV/NOPAT)	23.80	14.77	22.38	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	5.64	4.41	1.44	0.00
Long-Term Debt to Equity	2.39	2.59	1.44	0.00
Financial Leverage	6.15	2.24	0.17	0.00
Leverage Ratio	6.40	3.89	2.64	0.00
Compound Leverage Factor	3.98	2.03	2.54	0.00
Debt to Total Capital	84.93%	81.51%	58.96%	0.00%
Short-Term Debt to Total Capital	48.92%	33.67%	0.00%	0.00%
Long-Term Debt to Total Capital	36.01%	47.83%	58.96%	0.00%
Preferred Equity to Total Capital	1.00%	1.47%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	14.06%	17.03%	41.04%	0.00%
Debt to EBITDA	15.85	12.20	28.80	0.00
Net Debt to EBITDA	15.11	11.11	21.21	0.00
Long-Term Debt to EBITDA	6.72	7.16	28.80	0.00
Debt to NOPAT	20.40	12.11	16.05	0.00
Net Debt to NOPAT	19.45	11.03	11.82	0.00
Long-Term Debt to NOPAT	8.65	7.10	16.05	0.00
Altman Z-Score	-0.09	0.19	0.73	0.00
Noncontrolling Interest Sharing Ratio	7.24%	3.16%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	0.05	0.13	5.86	0.00
Quick Ratio	0.03	0.09	2.51	0.00
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	-788	-919	-472	0.00
Operating Cash Flow to CapEx	-34,855.13%	-36,947.38%	-567,436.36%	0.00%
Free Cash Flow to Firm to Interest Expense	-15.02	-17.62	-18.01	0.00
Operating Cash Flow to Interest Expense	-2.92	-3.24	-2.38	6.39
Operating Cash Flow Less CapEx to Interest Expense	-2.93	-3.25	-2.38	6.39
Efficiency Ratios	-	-	-	-
Asset Turnover	0.17	0.20	0.10	0.00
Accounts Receivable Turnover	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.65	0.00	0.00	0.00
Accounts Payable Turnover	2.67	2.64	1.25	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	136.87	138.44	292.56	0.00
Cash Conversion Cycle (CCC)	-136.87	-138.44	-292.56	0.00
Capital & Investment Metrics	-	-	-	-
Invested Capital	2,385	1,515	505	0.00
Invested Capital Turnover	0.15	0.24	0.42	0.00
Increase / (Decrease) in Invested Capital	869	1,010	505	0.00
Enterprise Value (EV)	1,948	1,339	752	0.00
Market Capitalization	336	320	355	170
Book Value per Share	$10.51	$9.30	$15.37	$0.00
Tangible Book Value per Share	$9.95	$8.08	$15.37	$0.00
Total Capital	1,966	1,347	915	0.00
Total Debt	1,670	1,098	539	0.00
Total Long-Term Debt	708	644	539	0.00
Net Debt	1,592	1,000	397	0.00
Capital Expenditures (CapEx)	0.44	0.46	0.01	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-72	-65	-21	0.00
Debt-free Net Working Capital (DFNWC)	-13	14	104	0.00
Net Working Capital (NWC)	-975	-440	104	0.00
Net Nonoperating Expense (NNE)	31	43	1.28	19
Net Nonoperating Obligations (NNO)	2,089	1,266	130	0.00
Total Depreciation and Amortization (D&A)	-5.20	3.04	-22	6.91
Debt-free, Cash-free Net Working Capital to Revenue	-24.15%	-26.45%	-20.16%	0.00%
Debt-free Net Working Capital to Revenue	-4.42%	5.63%	98.02%	0.00%
Net Working Capital to Revenue	-325.62%	-179.69%	98.02%	0.00%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$1.97	$1.89	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	26.29M	24.71M	0.00	0.00
Adjusted Diluted Earnings per Share	$1.96	$1.88	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	26.29M	24.71M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	26.29M	24.71M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	82	61	34	103
Normalized NOPAT Margin	27.33%	24.87%	31.60%	62.24%
Pre Tax Income Margin	22.94%	18.54%	36.48%	51.75%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	2.11	1.67	1.54	4.42
NOPAT to Interest Expense	1.56	1.74	1.28	4.66
EBIT Less CapEx to Interest Expense	2.10	1.66	1.54	4.42
NOPAT Less CapEx to Interest Expense	1.55	1.73	1.28	4.66
Payout Ratios	-	-	-	-
Dividend Payout Ratio	39.82%	29.89%	199.76%	83.36%
Augmented Payout Ratio	40.62%	29.89%	199.76%	83.36%

This table displays calculated financial ratios and metrics derived from NewtekOne's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	15.40%	22.65%	22.41%	29.82%	212.10%	137.71%	101.53%	95.75%	0.00%	0.00%
EBITDA Growth	-29.07%	16.10%	23.87%	60.14%	192.88%	111.15%	31.42%	-2.26%	0.00%	345.15%
EBIT Growth	19.92%	12.26%	31.82%	33.24%	1,084.32%	117.74%	39.59%	16.43%	0.00%	335.47%
NOPAT Growth	26.47%	1.71%	39.61%	-60.49%	1,217.83%	58.02%	-7.38%	240.75%	0.00%	481.32%
Net Income Growth	68.90%	9.30%	56.11%	-47.98%	588.25%	-3.90%	-48.14%	92.19%	0.00%	214.51%
EPS Growth	59.09%	4.65%	59.26%	-48.65%	588.89%	-8.51%	-51.79%	85.00%	0.00%	0.00%
Operating Cash Flow Growth	-35.21%	-125.32%	103.38%	66.76%	-203.94%	262.43%	-20.70%	-1,896.22%	704.76%	0.00%
Free Cash Flow Firm Growth	14.62%	62.63%	58.10%	31.06%	0.00%	-9,627.41%	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	57.38%	38.42%	43.03%	67.56%	199.78%	0.00%	0.00%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	-0.30%	1.46%	-3.11%	-6.68%	5.97%	1.26%	2.76%	87.01%	-19.29%	-14.15%
EBITDA Q/Q Growth	-33.23%	11.83%	-10.37%	-5.89%	9.30%	19.30%	15.88%	326.44%	-348.48%	-25.75%
EBIT Q/Q Growth	4.77%	6.80%	8.00%	-11.62%	-1.92%	25.41%	9.17%	116.18%	-121.70%	-19.60%
NOPAT Q/Q Growth	8.43%	0.23%	8.50%	-10.74%	-12.80%	37.57%	-69.29%	1,156.38%	-89.54%	-19.37%
Net Income Q/Q Growth	53.54%	9.04%	13.42%	-18.17%	-0.64%	55.74%	-62.20%	934.83%	-119.56%	-15.96%
EPS Q/Q Growth	55.56%	4.65%	13.16%	-22.45%	2.33%	59.26%	-63.51%	922.22%	-119.15%	-16.07%
Operating Cash Flow Q/Q Growth	-256.85%	-978.14%	107.56%	26.38%	-166.82%	217.21%	25.67%	-278.53%	204.43%	12.90%
Free Cash Flow Firm Q/Q Growth	-87.89%	13.21%	21.37%	35.75%	17.76%	2.71%	-29.39%	0.00%	-100.00%	0.00%
Invested Capital Q/Q Growth	40.44%	-5.39%	6.48%	8.39%	23.53%	-2.24%	24.74%	99.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	71.35%	65.17%	63.97%	60.48%	73.06%	71.87%	65.25%	62.73%	47.34%	81.42%
EBITDA Margin	25.12%	37.51%	34.03%	36.79%	40.87%	39.62%	33.63%	29.82%	-137.34%	44.61%
Operating Margin	38.33%	38.86%	37.17%	33.36%	36.88%	43.05%	33.06%	28.72%	-11.69%	49.83%
EBIT Margin	38.33%	36.48%	34.65%	31.09%	36.88%	39.85%	32.18%	30.29%	-11.69%	43.51%
Profit (Net Income) Margin	24.55%	15.94%	14.83%	12.67%	16.77%	17.89%	11.63%	31.62%	-10.72%	44.24%
Tax Burden Percent	77.14%	69.97%	74.04%	73.67%	73.15%	76.16%	72.99%	281.15%	-54.63%	98.97%
Interest Burden Percent	83.02%	62.46%	57.81%	55.33%	62.16%	58.93%	49.52%	37.13%	-167.78%	102.75%
Effective Tax Rate	22.86%	30.03%	25.96%	26.33%	26.85%	23.84%	27.01%	-181.15%	154.63%	1.03%
Return on Invested Capital (ROIC)	4.54%	5.74%	5.33%	5.14%	6.53%	11.30%	6.77%	23.38%	1.34%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	4.32%	5.05%	4.59%	4.33%	5.59%	9.48%	5.31%	16.06%	-1.38%	0.00%
Return on Net Nonoperating Assets (RNNOA)	26.56%	23.96%	23.72%	20.33%	12.50%	41.74%	24.89%	58.05%	-0.48%	0.00%
Return on Equity (ROE)	31.10%	29.71%	29.05%	25.48%	19.03%	53.04%	31.66%	81.43%	0.86%	0.00%
Cash Return on Invested Capital (CROIC)	-40.39%	-26.80%	-30.22%	-45.05%	-90.97%	0.00%	0.00%	0.00%	-93.35%	0.00%
Operating Return on Assets (OROA)	6.58%	7.38%	6.69%	6.34%	7.43%	6.10%	3.94%	3.53%	-1.21%	0.00%
Return on Assets (ROA)	4.21%	3.22%	2.86%	2.59%	3.38%	2.74%	1.42%	3.68%	-1.11%	0.00%
Return on Common Equity (ROCE)	28.85%	27.40%	26.76%	23.37%	18.43%	48.43%	28.89%	74.24%	0.86%	0.00%
Return on Equity Simple (ROE_SIMPLE)	0.00%	15.39%	15.46%	15.12%	0.00%	15.09%	15.69%	18.86%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	22	20	20	19	17	20	15	47	1.32	13
NOPAT Margin	29.57%	27.19%	27.52%	24.58%	26.98%	32.79%	24.13%	80.75%	6.39%	49.32%
Net Nonoperating Expense Percent (NNEP)	0.22%	0.70%	0.73%	0.82%	0.95%	1.82%	1.46%	7.32%	2.73%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	1.12%	-	-	-	1.30%	-	-	-	0.14%	-
Cost of Revenue to Revenue	28.65%	34.83%	36.03%	39.52%	26.94%	28.13%	34.75%	37.27%	52.66%	18.58%
SG&A Expenses to Revenue	15.43%	11.77%	9.66%	12.64%	18.32%	12.24%	13.33%	13.76%	-1.17%	12.98%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	33.03%	26.31%	26.80%	27.12%	36.18%	28.82%	32.19%	34.01%	59.03%	31.58%
Earnings before Interest and Taxes (EBIT)	29	27	26	24	24	24	19	18	-2.42	11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	19	28	25	28	26	24	20	17	-28	11
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.21	1.22	1.20	1.14	1.39	1.63	1.81	1.45	0.94	0.00
Price to Tangible Book Value (P/TBV)	1.28	1.29	1.36	1.31	1.61	1.88	2.10	1.69	0.94	0.00
Price to Revenue (P/Rev)	1.12	1.03	1.04	0.95	1.31	1.60	2.08	1.98	3.34	0.00
Price to Earnings (P/E)	6.82	7.63	7.52	7.25	6.97	10.19	10.73	7.03	10.98	0.00
Dividend Yield	5.95%	6.03%	5.89%	6.74%	5.55%	12.47%	15.36%	23.34%	18.94%	21.42%
Earnings Yield	14.66%	13.11%	13.31%	13.78%	14.35%	9.81%	9.32%	14.23%	9.11%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.82	0.91	0.82	0.81	0.88	1.10	1.13	1.06	1.49	0.00
Enterprise Value to Revenue (EV/Rev)	6.50	5.03	4.96	4.84	5.47	6.40	8.03	7.35	7.07	0.00
Enterprise Value to EBITDA (EV/EBITDA)	18.49	14.13	13.80	13.47	14.89	24.25	33.08	28.05	40.15	0.00
Enterprise Value to EBIT (EV/EBIT)	17.62	15.22	14.77	14.67	15.41	18.98	24.46	20.36	18.65	0.00
Enterprise Value to NOPAT (EV/NOPAT)	23.80	19.56	18.49	18.57	14.77	19.18	22.38	17.18	22.38	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	5.64	4.59	4.59	4.60	4.41	4.76	5.19	4.23	1.44	0.00
Long-Term Debt to Equity	2.39	2.33	2.38	2.61	2.59	4.76	5.19	3.20	1.44	0.00
Financial Leverage	6.15	4.75	5.16	4.70	2.24	4.40	4.68	3.61	0.35	0.00
Leverage Ratio	6.40	6.00	6.18	5.84	3.89	6.08	6.52	5.73	2.64	0.00
Compound Leverage Factor	5.31	3.75	3.57	3.23	2.42	3.58	3.23	2.13	-4.43	0.00
Debt to Total Capital	84.93%	82.12%	82.11%	82.15%	81.51%	82.65%	83.84%	80.88%	58.96%	0.00%
Short-Term Debt to Total Capital	48.92%	40.51%	39.54%	35.64%	33.67%	0.00%	0.00%	19.71%	0.00%	0.00%
Long-Term Debt to Total Capital	36.01%	41.61%	42.57%	46.52%	47.83%	82.65%	83.84%	61.17%	58.96%	0.00%
Preferred Equity to Total Capital	1.00%	1.25%	1.29%	1.39%	1.47%	1.51%	1.45%	1.73%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.04%	-0.04%	0.00%	0.00%
Common Equity to Total Capital	14.06%	16.63%	16.60%	16.46%	17.03%	15.84%	14.76%	17.43%	41.04%	0.00%
Debt to EBITDA	15.85	11.78	11.86	11.57	12.20	19.38	26.78	24.18	28.80	0.00
Net Debt to EBITDA	15.11	11.05	10.73	10.63	11.11	17.83	24.08	20.00	21.21	0.00
Long-Term Debt to EBITDA	6.72	5.97	6.15	6.55	7.16	19.38	26.78	18.29	28.80	0.00
Debt to NOPAT	20.40	16.31	15.89	15.94	12.11	15.32	18.12	14.81	16.05	0.00
Net Debt to NOPAT	19.45	15.29	14.37	14.66	11.03	14.10	16.29	12.25	11.82	0.00
Long-Term Debt to NOPAT	8.65	8.26	8.24	9.03	7.10	15.32	18.12	11.20	16.05	0.00
Altman Z-Score	-0.22	0.12	-0.03	0.62	0.05	0.44	0.41	0.34	0.59	0.00
Noncontrolling Interest Sharing Ratio	7.24%	7.76%	7.88%	8.26%	3.16%	8.69%	8.72%	8.84%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.05	0.42	0.12	1.50	0.13	1.98	2.55	1.01	5.86	0.00
Quick Ratio	0.03	0.05	0.10	0.75	0.09	0.36	1.08	0.21	2.51	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-847	-451	-520	-661	-992	-1,207	-1,240	-959	0.00	13
Operating Cash Flow to CapEx	-143,117.19%	-10,391.90%	4,116.90%	-67,849.12%	-41,057.58%	61,815.85%	0.00%	-70,520.61%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-62.77	-34.75	-38.89	-52.51	-75.02	-89.74	-96.68	-75.73	0.00	1.83
Operating Cash Flow to Interest Expense	-6.78	-1.98	0.22	-3.07	-5.12	7.54	-6.74	-9.19	7.79	-9.02
Operating Cash Flow Less CapEx to Interest Expense	-6.79	-2.00	0.21	-3.08	-5.13	7.53	-6.74	-9.21	7.79	-9.02
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.17	0.20	0.19	0.20	0.20	0.15	0.12	0.12	0.10	0.00
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.65	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	2.67	2.77	2.46	2.33	2.64	1.83	1.44	0.93	1.25	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	136.87	131.92	148.59	156.88	138.44	199.66	252.69	392.82	292.56	0.00
Cash Conversion Cycle (CCC)	-136.87	-131.92	-148.59	-156.88	-138.44	-199.66	-252.69	-392.82	-292.56	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,385	1,698	1,795	1,685	1,515	1,227	1,255	1,006	505	0.00
Invested Capital Turnover	0.15	0.21	0.19	0.21	0.24	0.34	0.28	0.29	0.21	0.00
Increase / (Decrease) in Invested Capital	869	471	540	680	1,010	1,227	1,255	1,006	0.00	0.00
Enterprise Value (EV)	1,948	1,552	1,463	1,362	1,339	1,353	1,414	1,070	752	0.00
Market Capitalization	336	319	306	267	320	338	365	288	355	110
Book Value per Share	$10.51	$10.09	$10.28	$9.51	$9.30	$8.40	$8.19	$8.14	$15.37	$0.00
Tangible Book Value per Share	$9.95	$9.52	$9.08	$8.29	$8.08	$7.30	$7.07	$6.99	$15.37	$0.00
Total Capital	1,966	1,576	1,531	1,424	1,347	1,308	1,365	1,140	915	0.00
Total Debt	1,670	1,294	1,257	1,170	1,098	1,081	1,145	922	539	0.00
Total Long-Term Debt	708	656	652	662	644	1,081	1,145	697	539	0.00
Net Debt	1,592	1,214	1,137	1,076	1,000	995	1,029	763	397	0.00
Capital Expenditures (CapEx)	0.06	0.25	0.07	0.06	0.17	0.16	-0.04	0.17	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-72	170	-78	711	-65	-44	-45	96	-21	0.00
Debt-free Net Working Capital (DFNWC)	-13	232	24	787	14	43	70	229	104	0.00
Net Working Capital (NWC)	-975	-407	-581	279	-440	43	70	4.04	104	0.00
Net Nonoperating Expense (NNE)	3.75	8.42	9.37	9.07	6.60	9.09	7.54	29	3.55	1.30
Net Nonoperating Obligations (NNO)	2,089	1,416	1,521	1,431	1,266	1,000	1,034	788	130	0.00
Total Depreciation and Amortization (D&A)	-9.86	0.77	-0.46	4.34	2.58	-0.14	0.88	-0.27	-26	0.28
Debt-free, Cash-free Net Working Capital to Revenue	-24.15%	55.15%	-26.43%	252.32%	-26.45%	-20.61%	-25.72%	65.84%	-20.16%	0.00%
Debt-free Net Working Capital to Revenue	-4.42%	75.03%	8.19%	279.38%	5.63%	20.25%	39.86%	157.06%	98.02%	0.00%
Net Working Capital to Revenue	-325.62%	-131.63%	-197.00%	99.16%	-179.69%	20.25%	39.86%	2.77%	98.02%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.71	$0.45	$0.43	$0.38	$0.43	$0.38	$0.26	$0.46	($0.09)	$0.47
Adjusted Weighted Average Basic Shares Outstanding	26.29M	26.31M	25.96M	24.73M	24.71M	24.65M	24.67M	24.61M	0.00	24.30M
Adjusted Diluted Earnings per Share	$0.70	$0.45	$0.43	$0.38	$0.44	$0.38	$0.26	$0.46	($0.09)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	26.29M	26.31M	25.96M	24.73M	24.71M	24.65M	24.67M	24.61M	0.00	24.42M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	26.29M	26.31M	25.96M	24.73M	24.71M	24.65M	24.67M	24.61M	0.00	24.42M
Normalized Net Operating Profit after Tax (NOPAT)	22	20	20	19	17	20	15	12	-1.70	13
Normalized NOPAT Margin	29.57%	27.19%	27.52%	24.58%	26.98%	32.79%	24.13%	20.11%	-8.19%	49.32%
Pre Tax Income Margin	31.82%	22.78%	20.03%	17.20%	22.93%	23.49%	15.93%	11.25%	19.62%	44.70%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.12	2.10	1.91	1.88	1.80	1.81	1.51	1.40	-0.29	1.62
NOPAT to Interest Expense	1.64	1.57	1.52	1.49	1.32	1.49	1.13	3.74	0.16	1.83
EBIT Less CapEx to Interest Expense	2.11	2.09	1.91	1.88	1.79	1.80	1.51	1.39	-0.29	1.62
NOPAT Less CapEx to Interest Expense	1.63	1.55	1.51	1.48	1.31	1.48	1.14	3.73	0.16	1.83
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	39.82%	45.61%	45.61%	49.23%	29.89%	74.74%	104.21%	119.35%	199.76%	0.00%
Augmented Payout Ratio	40.62%	45.61%	45.61%	49.23%	29.89%	74.74%	104.21%	119.35%	199.76%	0.00%

Frequently Asked Questions About NewtekOne's Financials

When does NewtekOne's financial year end?

According to the most recent income statement we have on file, NewtekOne's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has NewtekOne's net income changed over the last 3 years?

NewtekOne's net income appears to be on a downward trend, with a most recent value of $50.85 million in 2024, falling from $84.14 million in 2021. The previous period was $47.33 million in 2023. See where experts think NewtekOne is headed by visiting NewtekOne's forecast page.

What is NewtekOne's operating income?

NewtekOne's total operating income in 2024 was $110.55 million, based on the following breakdown:

Total Gross Profit: $195.33 million
Total Operating Expenses: $84.78 million

How has NewtekOne revenue changed over the last 3 years?

Over the last 3 years, NewtekOne's total revenue changed from $165.16 million in 2021 to $299.48 million in 2024, a change of 81.3%.

How much debt does NewtekOne have?

NewtekOne's total liabilities were at $1.76 billion at the end of 2024, a 49.4% increase from 2023, and a 170.2% increase since 2021.

How much cash does NewtekOne have?

In the past 3 years, NewtekOne's cash and equivalents has ranged from $2.40 million in 2021 to $53.69 million in 2022, and is currently $6.94 million as of their latest financial filing in 2024.

How has NewtekOne's book value per share changed over the last 3 years?

Over the last 3 years, NewtekOne's book value per share changed from 0.00 in 2021 to 10.51 in 2024, a change of 1,051.3%.

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This page (NASDAQ:NEWT) was last updated on 5/25/2025 by MarketBeat.com Staff

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NewtekOne (NEWT) Financials

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NewtekOne (NEWT) Financials

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