A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
OneMain Holdings, Inc.
OMF
$7.1B
Mkt Cap
$59.74
+1.63%
OneMain Holdings, Inc. (OMF) has a current P/E ratio of 9.1, compared to its historical median P/E of 5.8. The stock is currently considered Expensive based on its historical valuation range.
OneMain Holdings, Inc. (OMF) has a 5-year average return on invested capital (ROIC) of 3.7%. This is below average and may indicate limited pricing power.
OneMain Holdings, Inc. (OMF) has a market capitalization of $6.9B. It is classified as a mid-cap stock.
Yes, OneMain Holdings, Inc. (OMF) pays a dividend with a trailing twelve-month yield of 7.25%. The company also returns capital through share buybacks, with a buyback yield of 3.36%.
Based on historical P/E analysis, OneMain Holdings, Inc. (OMF) appears expensive. The current P/E of 9.1 is 57% above its historical median of 5.8. The estimated fair value CAGR (P/E method) is 1.3%.
OneMain Holdings, Inc. (OMF) operates in the Personal Credit Institutions industry, within the Financials sector.
OneMain Holdings, Inc. (OMF) reported annual revenue of $4.9 billion in its most recent fiscal year, based on SEC EDGAR filings.
BUSINESS OVERVIEW This report combines the Annual Reports on Form 10-K for the year ended December 31, 2025 for OneMain Holdings, Inc. (“OMH”), a publicly held financial service holding company, and its wholly-owned direct subsidiary, OneMain Finance Corporation (“OMFC”). OMFC is the issuing entity of our outstanding public debt securities and all of OMFC’s common stock is owned by OMH. The information in this combined report is equally applicable to OMH and OMFC, except where otherwise indicated. OMH and OMFC are referred to in this report, collectively with their subsidiaries, whether directly or indirectly owned, as “the Company,” “OneMain,” “we,” “us,” or “our.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 447M | 4.9B | 4.5B | 4.3B | 4.2B | 4.0B |
| Net Income | 796M | 783M | 509M | 641M | 872M | 1.3B |
| EPS | $6.78 | $6.56 | $4.24 | $5.32 | $7.01 | $9.88 |
| Free Cash Flow | 0 | 3.1B | 2.7B | 2.5B | 2.4B | 2.2B |
| ROIC | 0.0% | 3.1% | 2.1% | 2.9% | 4.1% | 6.3% |
| Gross Margin | - | 96.0% | 95.8% | 95.6% | 96.2% | 95.6% |
| Debt/Equity | 6.63 | 6.67 | 6.72 | 6.22 | 6.06 | 5.84 |
| Dividends/Share | $4.33 | $4.17 | $4.12 | $4.00 | $3.80 | $9.55 |
| Operating Income | 0 | 1.0B | 667M | 840M | 1.2B | 1.7B |
| Operating Margin | 0.0% | 20.4% | 14.8% | 19.6% | 27.7% | 44.0% |
| ROE | 23.6% | 23.8% | 16.0% | 20.7% | 28.8% | 40.6% |
| Shares Outstanding | 116M | 119M | 120M | 120M | 124M | 133M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 2.0B | 1.5B | 3.0B | 2.9B | 3.4B | 3.8B | 3.9B | 4.0B | 4.2B | 4.3B | 4.5B | 4.9B | 447M |
| Gross Margin | 96.2% | 93.5% | 94.5% | 93.7% | 94.3% | 95.1% | 93.7% | 95.6% | 96.2% | 95.6% | 95.8% | 96.0% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 360M | 485M | 788M | 777M | 917M | 808M | 756M | 839M | 836M | 855M | 879M | 923M | 945M |
| EBIT | 859M | -238M | 338M | 416M | 610M | 1.1B | 977M | 1.7B | 1.2B | 840M | 667M | 1.0B | 0 |
| Op. Margin | 43.3% | -16.1% | 11.2% | 14.1% | 18.2% | 29.1% | 25.3% | 44.0% | 27.7% | 19.6% | 14.8% | 20.4% | 0.0% |
| Net Income | 463M | -220M | 215M | 183M | 447M | 855M | 730M | 1.3B | 872M | 641M | 509M | 783M | 796M |
| Net Margin | 23.3% | -14.9% | 7.1% | 6.2% | 13.3% | 22.6% | 18.9% | 33.2% | 20.9% | 15.0% | 11.3% | 16.0% | 178.1% |
| Non-Recurring | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | 3.8% | -1.4% | 1.2% | 1.0% | 2.4% | 4.2% | 3.4% | 6.3% | 4.1% | 2.9% | 2.1% | 3.1% | 0.0% |
| ROE | 26.0% | -9.1% | 7.3% | 5.8% | 12.6% | 21.0% | 18.8% | 40.6% | 28.8% | 20.7% | 16.0% | 23.8% | 23.6% |
| ROA | 3.5% | -1.4% | 1.1% | 1.0% | 2.3% | 4.0% | 3.2% | 5.9% | 3.9% | 2.7% | 2.0% | 2.9% | 2.9% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 381M | 741M | 1.3B | 1.6B | 2.0B | 2.4B | 2.2B | 2.2B | 2.4B | 2.5B | 2.7B | 3.1B | 3.2B |
| Free Cash Flow | 381M | 741M | 1.3B | 1.6B | 2.0B | 2.4B | 2.2B | 2.2B | 2.4B | 2.5B | 2.7B | 3.1B | 0 |
| Owner Earnings | 352M | 536M | 1.0B | 1.3B | 1.8B | 2.1B | 1.9B | 2.0B | 2.1B | 2.2B | 2.4B | 2.8B | 2.9B |
| CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Maint. CapEx | 23M | 190M | 268M | 202M | 234M | 271M | 264M | 264M | 262M | 257M | 277M | 287M | 291M |
| Growth CapEx | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 |
| D&A | 23M | 190M | 268M | 202M | 234M | 271M | 264M | 264M | 262M | 257M | 277M | 287M | 291M |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 408M | 806M | 1.3B | 480M | 487M | 498M | 499M | 501M |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | 17.6% | 33.8% | 26.4% | 12.7% | 12.2% | 9.5% | 7.8% | 7.3% |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 | 45M | 368M | 303M | 65M | 35M | 141M | 232M |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | N/A | 1.2% | 7.8% | 9.8% | 1.3% | 0.6% | 1.7% | 3.4% |
| Stock-Based Comp | 6.0M | 15M | 22M | 17M | 21M | 13M | 17M | 23M | 31M | 36M | 30M | 36M | 37M |
| Debt Repayment | 4.7B | 2.0B | 8.3B | 4.4B | 5.5B | 4.0B | 6.8B | 3.9B | 5.1B | 3.3B | 3.7B | 6.8B | 6.8B |
| Balance Sheet | |||||||||||||
| Net Debt | 6.9B | 14.7B | 11.8B | 12.5B | 12.9B | 14.2B | 13.7B | 15.3B | 16.0B | 17.1B | 19.4B | 20.2B | 19.9B |
| Cash & Equiv. | 879M | 939M | 579M | 987M | 679M | 1.2B | 2.3B | 541M | 498M | 1.0B | 458M | 914M | 2.4B |
| Long-Term Debt | 8.4B | 17.3B | 14.0B | 15.1B | 15.2B | 17.2B | 17.8B | 17.8B | 18.3B | 19.8B | 21.4B | 22.7B | 22.4B |
| Debt/Equity | 4.13 | 6.16 | 4.55 | 4.59 | 4.00 | 3.98 | 5.17 | 5.84 | 6.06 | 6.22 | 6.72 | 6.67 | 6.63 |
| Interest Coverage | 1.2 | -0.3 | 0.4 | 0.5 | 0.2 | 0.3 | 0.3 | 0.5 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 |
| Equity | 2.0B | 2.8B | 3.1B | 3.3B | 3.8B | 4.3B | 3.4B | 3.0B | 3.0B | 3.2B | 3.2B | 3.4B | 3.4B |
| Total Assets | 10.9B | 21.2B | 18.1B | 19.4B | 20.1B | 22.8B | 22.5B | 22.1B | 22.5B | 24.3B | 25.9B | 27.4B | 27.0B |
| Total Liabilities | 9.0B | 18.5B | 15.1B | 16.2B | 16.3B | 18.5B | 19.0B | 19.0B | 19.5B | 21.1B | 22.7B | 24.0B | 23.6B |
| Intangibles | 21M | 559M | 492M | 440M | 388M | 343M | 306M | 274M | 261M | 260M | 286M | 282M | 281M |
| Retained Earnings | 1.5B | 1.3B | 1.5B | 1.7B | 2.2B | 2.6B | 1.7B | 1.7B | 2.1B | 2.3B | 2.3B | 2.6B | 2.7B |
| Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Per Share Data | |||||||||||||
| EPS | 4.02 | -1.72 | 1.59 | 1.35 | 3.29 | 6.27 | 5.41 | 9.88 | 7.01 | 5.32 | 4.24 | 6.56 | 6.78 |
| Owner EPS | 3.06 | 4.19 | 7.63 | 9.86 | 13.18 | 15.24 | 14.31 | 14.74 | 16.83 | 18.47 | 19.93 | 23.53 | 24.89 |
| Book Value | 17.58 | 21.96 | 22.67 | 24.18 | 27.96 | 31.75 | 25.50 | 22.84 | 24.24 | 26.44 | 26.58 | 28.49 | 29.21 |
| Cash Flow/Share | 3.31 | 5.79 | 9.78 | 11.47 | 15.06 | 17.32 | 16.39 | 16.90 | 19.19 | 20.91 | 22.48 | 26.24 | 9.40 |
| Dividends/Share | N/A | N/A | N/A | 0.00 | 0.00 | 3.00 | 5.94 | 9.55 | 3.80 | 4.00 | 4.12 | 4.17 | 4.33 |
| Shares Out. | 115.2M | 127.9M | 135.2M | 135.6M | 135.9M | 136.4M | 134.9M | 133.0M | 124.4M | 120.5M | 120.0M | 119.4M | 115.6M |
| Valuation | |||||||||||||
| P/E Ratio | 3.9 | N/A | 6.5 | 8.9 | 3.4 | 3.4 | 5.1 | 3.6 | 3.5 | 8.0 | 11.5 | 10.5 | 8.8 |
| P/FCF | 5.1 | 3.3 | 1.1 | 1.1 | 0.7 | 1.2 | 1.7 | 2.1 | 1.3 | 2.0 | 2.2 | 2.6 | N/A |
| EV/EBIT | 6.1 | 52.0 | 12.5 | 12.6 | 10.7 | 9.1 | 9.6 | N/A | 10.2 | 12.9 | 14.5 | 13.2 | N/A |
| Price/Book | 1.0 | 0.9 | 0.5 | 0.5 | 0.4 | 0.7 | 1.1 | 1.6 | 1.0 | 1.6 | 1.8 | 2.4 | 2.0 |
| Price/Sales | N/A | 12.8 | 3.8 | 3.9 | 4.7 | 5.0 | 5.4 | N/A | 8.5 | 8.9 | 11.8 | 14.4 | 15.5 |
| FCF Yield | 19.4% | 30.2% | 94.9% | 95.0% | 133.5% | 80.6% | 59.4% | 47.5% | 77.2% | 49.2% | 45.9% | 38.0% | N/A |
| Market Cap | 2.0B | 2.5B | 1.4B | 1.6B | 1.5B | 2.9B | 3.7B | 4.7B | 3.1B | 5.1B | 5.9B | 8.2B | 6.9B |
| Avg. Price | 13.56 | 21.10 | 12.74 | 11.96 | 14.83 | 16.97 | 17.70 | 36.24 | 30.48 | 33.00 | 43.85 | 53.73 | 59.74 |
| Year-End Price | 16.99 | 19.19 | 10.30 | 12.07 | 11.28 | 21.49 | 27.59 | 35.57 | 24.84 | 42.53 | 48.93 | 69.08 | 59.74 |
OneMain Holdings, Inc. passes 4 of 9 quality checks, suggesting mixed fundamentals.
OneMain Holdings, Inc. trades at 9.1x trailing earnings, compared to its 15-year median P/E of 5.8x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 2.3x vs a median of 1.5x. The company's 5-year average ROIC is 3.7% with a gross margin of 95.8%. Total shareholder yield (dividends + buybacks) is 10.6%. At current prices, the estimated annualized return to fair value is +6.6%.
OneMain Holdings, Inc. (OMF) has a net profit margin of 16.0%. This is a healthy margin.
OneMain Holdings, Inc. (OMF) generated $3.1 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
OneMain Holdings, Inc. (OMF) has a debt-to-equity ratio of 6.67. This indicates higher leverage, which may increase financial risk.
OneMain Holdings, Inc. (OMF) reported earnings per share (EPS) of $6.56 in its most recent fiscal year.
OneMain Holdings, Inc. (OMF) has a return on equity (ROE) of 23.8%. This indicates the company generates strong returns for shareholders.
OneMain Holdings, Inc. (OMF) has a 5-year average gross margin of 95.8%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 15 years of financial data for OneMain Holdings, Inc. (OMF), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
OneMain Holdings, Inc. (OMF) has a book value per share of $28.49, based on its most recent annual SEC filing.