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ONIT logoOnity Group Inc.(ONIT)Earnings, Financials & Key Ratios

ONIT•NYSE•Banking & Credit
$38.68
$330M mkt cap·1.8× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryMortgage FinanceSub-IndustryMortgage servicing and reverse lenders
AboutOnity Group Inc., a financial services company, originates and services forward and reserve mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through the Servicing and Originations segments. The company offers owned mortgage servicing rights and subservicing products; conventional, government-insured, and non-agency mortgage loans, as well as reverse mortgage and multi-family loans; and residential forward mortgage and small commercial mortgage loans. It also originates and purchases conventional and government-insured residential forward and reverse mortgage loans through its correspondent lending arrangements, broker relationships, and retail channels. The company offers its services under the PHH Mortgage and Liberty Reverse Mortgage brands. It serves financial institutions. The company was formerly known as Ocwen Financial Corporation and changed its name to Onity Group Inc. in June 2024. Onity Group Inc. was founded in 1988 and is headquartered in West Palm Beach, Florida.Show more
  • Net Interest Income-$343M-467.3%
  • Total Revenue$1.07B-0.2%
  • Net Income$190M+459.0%
  • Return on Equity33.81%+346.2%
  • Net Interest Margin-2.12%-473.3%
  • Efficiency Ratio39.2%+69.1%
  • ROA1.16%+396.3%
  • Equity / Assets3.88%+29.5%
  • Book Value per Share72.73+19.3%
  • Tangible BV/Share-254.75-4.2%
  • Debt/Equity24.17-19.2%
Technical→

ONIT Key Insights

Onity Group Inc. (ONIT) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Efficient operations: 39.2% efficiency ratio
  • ✓Diversified revenue: 87.3% from non-interest income
  • ✓Trading at only 0.5x book value

✗Weaknesses

  • ✗High debt to equity ratio of 24.2x
  • ✗Weak NIM of -2.1%
  • ✗Thin capital base

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

ONIT Price & Volume

Onity Group Inc. (ONIT) stock price & volume — 10-year historical chart

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ONIT Growth Metrics

Onity Group Inc. (ONIT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-5.32%
5 Years1.78%
3 Years2.19%
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years94.64%
TTM575.68%

EPS CAGR

10 Years-
5 Years-
3 Years96%
TTM558.31%

Return on Capital

10 Years1.42%
5 Years2.31%
3 Years2.42%
Last Year3.67%

ONIT Recent Earnings

Onity Group Inc. (ONIT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
May 5, 2026
EPS
$0.74
Est $2.37
-68.8%
Revenue
$278M
Est $290M
-4.2%
Q1 2026
Feb 12, 2026
EPS
$1.02
Est $2.47
-58.7%
Revenue
$290M
Est $286M
+1.5%
Q4 2025
Nov 6, 2025
EPS
$3.44
Est $1.98
+73.7%
Revenue
$318M
Est $248M
+28.1%
Q3 2025
Aug 5, 2025
EPS
$1.87
Est $2.08
-10.1%
Revenue
$279M
Est $258M
+8.1%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 5, 2026
$0.74vs $2.37-68.8%
$278Mvs $290M-4.2%
Q1 2026Feb 12, 2026
$1.02vs $2.47-58.7%
$290Mvs $286M+1.5%
Q4 2025Nov 6, 2025
$3.44vs $1.98+73.7%
$318Mvs $248M+28.1%
Q3 2025Aug 5, 2025
$1.87vs $2.08-10.1%
$279Mvs $258M+8.1%
Based on last 12 quarters of dataView full earnings history →

ONIT Peer Comparison

Onity Group Inc. (ONIT) competitors in Mortgage servicing and reverse lenders — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
PFSI logoPFSIPennyMac Financial Services, Inc.Direct Competitor4.54B86.949.35173.81%12.02%5.35
SVC logoSVCService Properties TrustDirect Competitor265.49M1.58-1.30-4.33%-13.59%-38.18%8.48
VALN logoVALNValneva SEDirect Competitor470M5.41-27.1210.32%-56.78%-58.93%1.19
RKT logoRKTRocket Companies, Inc.Direct Competitor2.07B14.6569.7634.84%-1.15%1.55
UWMC logoUWMCUWM Holdings CorporationDirect Competitor542.86M3.4929.0865.83%1.67%9.06
WAL logoWALWestern Alliance BancorporationProduct Competitor9.16B83.339.555.17%12.81%0.82
PMT logoPMTPennyMac Mortgage Investment TrustProduct Competitor959.79M11.0311.14103.82%13.83%7.06%10.12
TWO logoTWOTwo Harbors Investment Corp.Product Competitor1.29B12.25-2.81-28.4%-44.82%-19.11%4.79

Compare ONIT vs Peers

Onity Group Inc. (ONIT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PFSI

Most directly comparable listed peer for ONIT.

Scale Benchmark

vs BLK

Larger-name benchmark to compare ONIT against a more recognizable public peer.

Peer Set

Compare Top 5

vs PFSI, SVC, VALN, RKT

ONIT Income Statement

Onity Group Inc. (ONIT) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Net Interest Income-110.96M-89.34M-97.03M-93.37M-117.59M0093.3M-342.7M-268M
NII Growth %71.8%19.48%-8.6%3.77%-25.95%100%---467.31%-1383.99%
Net Interest Margin %-1.32%-0.95%-0.93%-0.88%-0.97%0%0%0.57%-2.12%-1.51%
Interest Income15.96M14.03M17.1M16M26.37M0093.3M135.4M150.2M
Interest Expense126.93M103.37M114.13M109.37M143.97M000478.1M418.1M
Loan Loss Provision500.49M429.33M422.51M342.63M411.53M540.3M560.1M573.7M-419.2M-17.7M
Non-Interest Income1.21B1.06B1.12B960.8M1.05B999.5M1.14B976M931.3M1.05B
Non-Interest Income %98.69%98.7%98.5%98.36%97.55%100%100%91.27%87.31%87.47%
Total Revenue
1.22B▲ 0%
1.08B▼ 11.8%
1.14B▲ 5.9%
976.8M▼ 14.4%
1.08B▲ 10.2%
999.5M▼ 7.2%
1.14B▲ 14.5%
1.07B▼ 6.6%
1.07B▼ 0.2%
1.2B▲ 0%
Revenue Growth %-13.69%-11.79%5.89%-14.35%10.21%-7.15%14.52%-6.58%-0.24%41.27%
Non-Interest Expense498.15M503.16M372.3M524.8M296.2M188.5M357.8M247.8M418.1M480.2M
Efficiency Ratio40.8%46.72%32.64%53.73%27.52%18.86%31.26%23.17%39.2%40.05%
Operating Income
95.51M▲ 0%
41.2M▼ 56.9%
231.53M▲ 461.9%
0▼ 100.0%
224.8M▲ 0%
270.7M▲ 20.4%
226.7M▼ 16.3%
247.8M▲ 9.3%
589.7M▲ 138.0%
318.3M▲ 0%
Operating Margin %7.82%3.83%20.3%0%20.88%27.08%19.81%23.17%55.28%26.55%
Operating Income Growth %143.2%-56.86%461.92%-100%-20.42%-16.25%9.31%137.97%-
Pretax Income
-143.97M▲ 0%
-71.48M▲ 50.4%
-126.49M▼ 77.0%
-105.7M▲ 16.4%
-4.3M▲ 95.9%
24.9M▲ 679.1%
-58.1M▼ 333.3%
39.3M▲ 167.6%
62.7M▲ 59.5%
61.5M▲ 0%
Pretax Margin %-11.79%-6.64%-11.09%-10.82%-0.4%2.49%-5.08%3.68%5.88%5.13%
Income Tax-15.52M529K15.63M-65.5M-22.4M-800K5.6M5.4M-126.8M-113.5M
Effective Tax Rate %10.78%-0.74%-12.36%61.97%520.93%-3.21%-9.64%13.74%-202.23%-184.55%
Net Income
-127.97M▲ 0%
-70.77M▲ 44.7%
-142.13M▼ 100.8%
-40.2M▲ 71.7%
18.1M▲ 145.0%
25.7M▲ 42.0%
-63.7M▼ 347.9%
33.9M▲ 153.2%
189.5M▲ 459.0%
175M▲ 0%
Net Margin %-10.48%-6.57%-12.46%-4.12%1.68%2.57%-5.57%3.17%17.77%14.6%
Net Income Growth %35.94%44.69%-100.82%71.71%145.02%41.99%-347.86%153.22%459%575.68%
Net Income (Continuing)-128.46M-72M-142.13M-40.2M18.1M25.7M-63.7M33.9M189.5M175M
EPS (Diluted)
-15.15▲ 0%
-7.95▲ 47.5%
-15.90▼ 100.0%
-4.59▲ 71.1%
1.93▲ 142.0%
2.85▲ 47.7%
-8.34▼ 392.6%
4.13▲ 149.5%
21.46▲ 419.6%
19.48▲ 0%
EPS Growth %37.32%47.52%-100%71.13%142.05%47.67%-392.63%149.52%419.61%558.31%
EPS (Basic)-15.15-7.95-15.90-4.592.002.97-8.344.2823.07-
Diluted Shares Outstanding8.47M8.91M8.96M8.75M9.38M9M7.64M8.09M8.63M8.98M

ONIT Balance Sheet

Onity Group Inc. (ONIT) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash & Short Term Investments264.39M329.13M428.34M284.8M192.8M208M201.6M184.8M180.5M730.1M
Cash & Due from Banks259.65M329.13M428.34M284.8M192.8M208M201.6M184.8M180.5M182.5M
Short Term Investments4.74M000000000
Total Investments6.33M2.84M2.08M023.3M42.2M37.8M000
Investments Growth %-57.21%-55.14%-26.94%-100%-81.12%-10.43%-100%--200%
Long-Term Investments1.59M2.84M2.08M023.3M42.2M37.8M000
Accounts Receivables179.93M134.6M157.37M126.96M119.2M143.8M124.1M144.3M150M365M
Goodwill & Intangibles1.01B1.46B1.49B1.3B2.26B2.68B2.28B2.47B2.83B0
Goodwill0000000000
Intangible Assets1.01B1.46B1.49B1.3B2.26B2.68B2.28B2.47B2.83B0
PP&E (Net)37.01M33.42M38.27M16.93M13.7M20.2M13.1M11M10.8M11.3M
Other Assets447.43M320.55M511.02M519.21M442.6M312.9M387.9M478.3M548.2M0
Total Current Assets6.91B7.57B8.37B8.82B9.4B9.34B9.79B13.47B12.66B547.5M
Total Non-Current Assets1.5B1.82B2.04B1.84B2.75B3.06B2.72B2.96B3.51B11.3M
Total Assets
8.4B▲ 0%
9.39B▲ 11.8%
10.41B▲ 10.8%
10.65B▲ 2.4%
12.15B▲ 14.0%
12.4B▲ 2.1%
12.51B▲ 0.9%
16.44B▲ 31.3%
16.17B▼ 1.6%
17.74B▲ 0%
Asset Growth %9.76%11.79%10.77%2.35%14.05%2.08%0.92%31.34%-1.61%55.59%
Return on Assets (ROA)-1.59%-0.8%-1.44%-0.38%0.16%0.21%-0.51%0.23%1.16%1.05%
Accounts Payable98.49M53M63.6M02.13M00000
Total Debt7.02B7.4B8.67B9.29B10.47B10.46B10.93B14.74B15.18B0
Net Debt6.76B7.07B8.24B9B10.28B10.25B10.73B14.55B15B-182.5M
Long-Term Debt6.44B7B7.72B9.23B10.41B10.39B10.87B14.67B15.12B0
Short-Term Debt573.34M407.9M909.14M35.65M44.9M48.1M52M54.1M53.2M0
Other Liabilities952.43M1.21B1.16B721.22M950.7M1.27B1.01B1.01B170.5M17.06B
Total Current Liabilities806.61M630.15M1.08B262.09M293.3M264.9M219.9M252.4M247M0
Total Non-Current Liabilities7.4B8.21B8.92B9.97B11.38B11.68B11.89B15.69B15.3B17.06B
Total Liabilities7.86B8.84B9.99B10.24B11.67B11.94B12.11B15.94B15.54B17.06B
Total Equity
546.87M▲ 0%
554.71M▲ 1.4%
412.01M▼ 25.7%
415.37M▲ 0.8%
476.7M▲ 14.8%
456.7M▼ 4.2%
401.8M▼ 12.0%
492.9M▲ 22.7%
628M▲ 27.4%
679.2M▲ 0%
Equity Growth %-16.54%1.43%-25.72%0.82%14.76%-4.2%-12.02%22.67%27.41%86.86%
Equity / Assets (Capital Ratio)6.51%5.9%3.96%3.9%3.92%3.68%3.21%3%3.88%3.83%
Return on Equity (ROE)-21.29%-12.85%-29.4%-9.72%4.06%5.51%-14.84%7.58%33.81%29.91%
Book Value per Share64.5562.2345.9747.4850.8150.7652.6260.9472.7375.62
Tangible BV per Share-54.53-101.24-119.87-100.59-190.54-247.10-245.77-244.40-254.7575.62
Common Stock1.31M1.34M90K87K100K100K100K100K100K100K
Additional Paid-in Capital547.06M554.06M558.06M556.06M592.6M547M554.5M559.3M556.1M0
Retained Earnings-2.08M3.57M-138.54M-131.68M-113.6M-87.9M-151.6M-117.6M71.9M78.5M
Accumulated OCI-1.25M-4.26M-7.59M-9.1M-2.4M-2.5M-1.2M1.2M-100K-100K
Treasury Stock0000000000
Preferred Stock000000049.9M049.9M

ONIT Cash Flow Statement

Onity Group Inc. (ONIT) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations409.02M272.58M151.94M261M-468.4M173.2M10.4M-651M-748M-748M
Operating CF Growth %-2.9%-33.36%-44.26%71.78%-279.46%136.98%-94%-6359.62%-14.9%779.92%
Net Income-127.97M-70.6M-142.13M-40.2M18.1M25.7M-63.7M33.9M189.5M175M
Depreciation & Amortization78.67M27.2M31.91M19.12M11M14.8M12.1M8.3M5.4M2.5M
Deferred Taxes731K-3.29M3.12M-1.4M215K700K00-120.6M0
Other Non-Cash Items23.35M-17.11M95.5M-12.02M-551.01M135.6M30.7M-644.5M-877.6M-805.7M
Working Capital Changes428.61M334M159.75M293.1M48.6M-8.2M21.6M-48.7M47.7M42M
Cash from Investing-839.22M-344.87M-587.44M-527.9M-1.01B-149.1M-100.3M478.5M1.85B1.43B
Purchase of Investments-1.28B-920.48M-1.03B-1.2B-1.77B-1.67B-1.03B0-953M-517.7M
Sale/Maturity of Investments0400.52M0944.7M1.63B1.58B1.08B46.3M3.03B1.56B
Net Investment Activity-1.28B-519.96M-1.03B-258.9M-144.1M-83.9M44.6M46.3M2.08B1.04B
Acquisitions0103.5M07.53M-27.93M-19M030.7M00
Other Investing449.11M80.6M440.67M796K14.2M-40.7M-142.7M672.4M-228.1M443.5M
Cash from Financing430.36M166.74M530.83M131.8M1.38B-13.4M70.8M182.9M-1.1B-800.1M
Dividends Paid00000000-4.2M-3.2M
Share Repurchases000-4.6M0-50M0000
Stock Issued13.91M0009.9M0020M-3.5M0
Net Stock Activity13.91M00-4.6M9.9M-50M020M-3.5M0
Debt Issuance (Net)1000K1000K1000K1000K1000K-1000K1000K1000K-1000K1000K
Other Financing52.28M54.76M-225.12M-58K-533K87.7M-31M-1.9M-8M-1.08B
Net Change in Cash
162K▲ 0%
94.45M▲ 58202.5%
95.33M▲ 0.9%
-135.07M▼ 241.7%
-93.7M▲ 30.6%
10.7M▲ 111.4%
-19.1M▼ 278.5%
10.5M▲ 155.0%
-1M▼ 109.5%
70.3M▲ 0%
Exchange Rate Effect0000000100K042.6M
Cash at Beginning302.4M302.56M397.01M492.34M357.2M263.5M274.2M255.1M265.6M264.6M
Cash at End302.56M397.01M492.34M357.26M263.5M274.2M255.1M265.6M264.6M307.2M
Interest Paid128.39M100.17M111.14M00168.5M00280.2M153.8M
Income Taxes Paid23.5M10.96M4.08M000007.6M5.7M
Free Cash Flow
398.31M▲ 0%
258.13M▼ 35.2%
4.32M▼ 98.3%
-16.3M▼ 477.5%
-1.3B▼ 7893.3%
-31.7M▲ 97.6%
-111.8M▼ 252.7%
-688.7M▼ 516.0%
-1.12B▼ 63.2%
-501.5M▲ 0%
FCF Growth %7.55%-35.19%-98.33%-477.49%-7893.25%97.57%-252.68%-516.01%-63.25%31.68%

ONIT Banking Ratios

Onity Group Inc. (ONIT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)-21.29%-12.85%-29.4%-9.72%4.06%5.51%-14.84%7.58%33.81%29.91%
Return on Assets (ROA)-1.59%-0.8%-1.44%-0.38%0.16%0.21%-0.51%0.23%1.16%1.05%
Net Interest Margin-1.32%-0.95%-0.93%-0.88%-0.97%0%0%0.57%-2.12%-1.51%
Efficiency Ratio40.8%46.72%32.64%53.73%27.52%18.86%31.26%23.17%39.2%40.05%
Equity / Assets6.51%5.9%3.96%3.9%3.92%3.68%3.21%3%3.88%3.83%
Book Value / Share64.5562.2345.9747.4850.8150.7652.6260.9472.7375.62
NII Growth71.8%19.48%-8.6%3.77%-25.95%100%---467.31%-437.11%
Dividend Payout---------0.63%

ONIT SEC Filings & Documents

Onity Group Inc. (ONIT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 5, 2026·SEC

Material company update

Mar 3, 2026·SEC

Material company update

Feb 24, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 17, 2026·SEC

FY 2025

Feb 21, 2025·SEC

FY 2024

Feb 27, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 5, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 5, 2025·SEC

ONIT Frequently Asked Questions

Onity Group Inc. (ONIT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Onity Group Inc. (ONIT) saw revenue decline by 0.2% over the past year.

Yes, Onity Group Inc. (ONIT) is profitable, generating $175.0M in net income for fiscal year 2025 (17.8% net margin).

Dividend & Returns

Yes, Onity Group Inc. (ONIT) pays a dividend with a yield of 1.26%. This makes it attractive for income-focused investors.

Onity Group Inc. (ONIT) has a return on equity (ROE) of 33.8%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

Onity Group Inc. (ONIT) has a net interest margin (NIM) of -2.1%. NIM has been under pressure due to interest rate environment.

Onity Group Inc. (ONIT) has an efficiency ratio of 39.2%. This is excellent, indicating strong cost control.

Explore More ONIT

Onity Group Inc. (ONIT) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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