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Onity 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. The company 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. In addition, the company engages in reinsurance business. 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.
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 62.70M | 39.30M | -58.10M | 24.90M | -4.30M |
| Net income | 189.50M | 33.90M | -63.70M | 25.70M | 18.10M |
| Selling general administrative | 131.90M | 136.90M | 106.60M | 149.00M | 174.40M |
| Selling and marketing expenses | 286.20M | - | 229.20M | 149.00M | 174.40M |
| Gross profit | 1007.80M | 495.60M | 584.50M | 459.20M | 521.00M |
| Reconciled depreciation | 5.40M | 8.30M | 12.10M | 14.80M | 11.00M |
| Ebit | 575.00M | 247.80M | 226.70M | 270.70M | 224.80M |
| Ebitda | 580.33M | 256.10M | 238.80M | 285.50M | 235.80M |
| Depreciation and amortization | 5.33M | 8.30M | 12.10M | 14.80M | 11.00M |
| Operating income | 589.70M | 247.80M | 226.70M | 270.70M | 224.80M |
| Other operating expenses | 477.00M | 821.50M | 917.90M | 728.80M | 851.70M |
| Interest expense | 478.10M | - | - | - | 143.97M |
| Tax provision | -126.80M | 5.30M | 5.60M | -0.80M | -22.40M |
| Interest income | - | - | - | - | 26.37M |
| Net interest income | - | - | - | - | -117.59M |
| Income tax expense | -126.80M | 5.40M | 5.60M | -0.80M | -22.40M |
| Total revenue | 1066.70M | 1069.30M | 1144.60M | 999.50M | 1076.50M |
| Total operating expenses | 418.10M | 247.80M | 357.80M | 188.50M | 296.20M |
| Cost of revenue | 58.90M | 573.70M | 560.10M | 540.30M | 555.50M |
| Total other income expense net | -527.00M | -208.50M | -284.80M | -245.80M | -229.10M |
| Net income from continuing ops | 189.50M | 33.90M | -63.70M | 25.70M | 18.10M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 16170.60M | 16435.40M | 12513.70M | 12399.20M | 12147.10M |
| Intangible assets | 2827.70M | 2469.60M | 2278.40M | 2679.90M | 2264.40M |
| Other current assets | 590.70M | -11719.10M | 784.40M | 819.10M | 890.20M |
| Total liab | 15542.60M | 15942.50M | 12111.90M | 11942.50M | 11670.40M |
| Total stockholder equity | 628.00M | 492.90M | 401.80M | 456.70M | 476.70M |
| Other current liab | 193.80M | 197.30M | 159.70M | 210.60M | 246.27M |
| Common stock | 0.10M | 0.10M | 0.10M | 0.10M | 0.10M |
| Capital stock | 0.10M | 50.00M | 0.10M | 0.10M | 0.10M |
| Retained earnings | 71.90M | -117.60M | -151.60M | -87.90M | -113.60M |
| Good will | - | - | -2275.30M | -2677.30M | -2261.07M |
| Other assets | -0.10M | - | -0.20M | -11300.20M | -0.10M |
| Cash | 180.50M | 184.80M | 201.60M | 208.00M | 192.80M |
| Total current liabilities | 247.00M | 252.40M | 219.90M | 264.90M | 293.30M |
| Current deferred revenue | - | - | - | - | -20839.91M |
| Net debt | 14997.80M | 14553.20M | 10729.70M | 10249.90M | 10278.50M |
| Short term debt | 53.20M | 54.10M | 52.00M | 48.10M | 44.90M |
| Short long term debt | 53.20M | 54.10M | 52.00M | 48.10M | 44.90M |
| Short long term debt total | 15178.30M | 14738.00M | 10931.30M | 10457.90M | 10471.30M |
| Other stockholder equity | 556.10M | 559.30M | 554.50M | 547.00M | 592.60M |
| Total current assets | 12660.20M | 13473.30M | 9793.60M | 9341.40M | 9399.90M |
| Long term investments | - | 0.00M | 37.80M | 42.20M | 23.30M |
| Short term investments | - | - | 11.50M | 0.60M | 70.65M |
| Net receivables | 11889.00M | 12592.00M | 8807.60M | 8314.30M | 8316.90M |
| Long term debt | 15117.90M | 14674.90M | 10868.20M | 10393.20M | 10409.60M |
| Inventory | - | 12415.60M | 677.20M | 8066.50M | 8064.37M |
| Accounts payable | - | - | - | - | 2.13M |
| Accumulated other comprehensive income | -0.10M | 1.20M | -1.20M | -2.50M | -2.40M |
| Non currrent assets other | 548.20M | 478.30M | 387.90M | 312.90M | 442.60M |
| Non current assets total | 3510.50M | 2962.10M | 2720.30M | 3057.80M | 2747.30M |
| Capital lease obligations | 7.20M | 9.00M | 10.20M | 16.60M | 16.80M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 2078.50M | 401.30M | -100.30M | -149.10M | -1005.10M |
| Total cashflows from investing activities | 1847.50M | 478.50M | -100.30M | -149.10M | -1005.10M |
| Net borrowings | -1084.80M | 229.00M | 101.80M | -51.10M | 1477.70M |
| Total cash from financing activities | -1100.50M | 182.90M | 70.80M | -13.40M | 1379.80M |
| Net income | 189.50M | 33.90M | -63.70M | 25.70M | 18.10M |
| Change in cash | -1.00M | 10.50M | -19.10M | 10.70M | -93.70M |
| Begin period cash flow | 265.60M | 255.10M | 274.20M | 263.50M | 357.20M |
| End period cash flow | 264.60M | 265.60M | 255.10M | 274.20M | 263.50M |
| Total cash from operating activities | -748.00M | -651.00M | 10.40M | 173.20M | -468.40M |
| Issuance of capital stock | 0.00M | 20.00M | 0.00M | 0.00M | 9.90M |
| Depreciation | 5.40M | 8.30M | 12.10M | 14.80M | 11.00M |
| Other cashflows from investing activities | -228.10M | 672.40M | -142.70M | -40.70M | 14.20M |
| Dividends paid | 4.20M | 0.50M | 0.00M | 0.00M | - |
| Change to account receivables | 79.70M | 16.90M | 47.80M | 4.20M | 33.60M |
| Sale purchase of stock | -3.50M | -1.30M | 0.00M | -50.00M | -9.88M |
| Other cashflows from financing activities | -8.00M | -1.90M | -31.00M | 87.70M | -0.53M |
| Capital expenditures | 376.30M | 37.70M | 122.20M | 204.90M | 834.50M |
| Change in working capital | 47.70M | -48.70M | 21.60M | -8.20M | 48.60M |
| Stock based compensation | 7.60M | 7.80M | 9.70M | 4.60M | 4.70M |
| Other non cash items | -877.60M | -644.50M | 30.70M | 135.60M | -551.01M |
| Free cash flow | -1124.30M | -688.70M | -111.80M | -31.70M | -1302.90M |
Sector: Financial Services Industry: Mortgage Finance
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| ONIT Onity Group Inc. |
-1.22 3.79% |
31.00 | 2.16 | 13.07 | 0.25 | 0.47 | 8.16 | 54.40 |
| FMCCT Federal Home Loan Mortgage Corp Pref Perpetual |
0.21 1.98% |
10.81 | 197.79 | - | 2.68 | - | - | - |
| RKT Rocket Companies Inc |
0.24 1.62% |
15.06 | 8.17 | 62.50 | 7.58 | 3.14 | - | - |
| FNMFO Federal National Mortgage Association |
-1000.00 3.70% |
26000.00 | 1000000.00 | - | 0.55 | - | - | - |
| FNMAS Federal National Mortgage Association Pref S |
-0.08 1.03% |
7.68 | 1701.43 | - | 0.55 | - | - | - |
Onity 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. The company 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. In addition, the company engages in reinsurance business. 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.
1661 Worthington Road, West Palm Beach, FL, United States, 33409
561 682 8000
4000
| Name | Title | Year Born |
|---|---|---|
| Mr. Glen A. Messina | CEO, President & Chair of the Board | 1962 |
| Mr. Sean Bradley O'Neil | Executive VP & CFO | 1966 |
| Mr. Aaron D. Wade | Executive VP & Chief Investment Officer | 1971 |
| Mr. Dennis Zeleny | Executive VP & Chief Administrative Officer | 1955 |
| Mr. Scott William Anderson | Executive VP & Chief Servicing Officer | 1969 |
| Ms. Aulene Wessel | Senior VP & Chief Accounting Officer | 1983 |
| Ms. Valerie C. Haertel IRC | Vice President of Investor Relations | NA |
| Mr. Joseph J. Samarias J.D. | Chief Ethics Officer, Chief Legal Officer, Executive VP & Company Secretary | 1973 |
| Ms. Jenna D. Evans | Executive VP, Chief Risk & Compliance Officer | 1981 |
| Mr. Richard J. Bradfield | Executive VP & Chief Growth Officer | 1970 |
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