Onity Group Inc.
NYSE•ONIT
CEO: Mr. Glen A. Messina
Sector: Financial Services
Industry: Financial - Mortgages
Listing Date: 1996-09-25
Onity Group Inc., a financial services company, originates and services mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. It operates through, Servicing and Originations segments. The company provides commercial forward mortgage loan servicing, reverse mortgage servicing, special servicing, and asset management services for to owners of mortgage loans and foreclosed real estate, as well as residential mortgage loan servicing, such as forward and reverse conventional, government-insured, and non-agency loans, including the reverse mortgage loans classified as 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. It serves primarily under the PHH Mortgage and Liberty Reverse Mortgage brands. 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.
Contact Information
1661 Worthington Road, Suite 100, West Palm Beach, FL, 33409, United States
561-682-8000
Market Cap
$331.49M
P/E (TTM)
1.7
2.4
Dividend Yield
--
52W High
$54.10
52W Low
$25.50
52W Range
Rank55Top 80.0%
2.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$308.00M+0.00%
4-Quarter Trend
EPS
$15.42+0.00%
4-Quarter Trend
FCF
$9.80M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Income Surge Net income reached $189.5 M in 2025, marking a 459% improvement compared to $33.9 M reported in 2024.
Revenue Growth Total revenue was $1,066.7 M, up 9%, largely driven by Originations revenue increasing 44% year-over-year.
Servicing Portfolio Expansion Serviced UPB grew 9% to $328.3 B by December 31, 2025, supported by robust originations and recapture efforts.
Strong Equity Growth Stockholders' equity increased 42% to $627.9 M by year-end 2025, reflecting sustained profitability.
Risk Factors
Largest Subservicer Exiting Rithm non-renewal effective Jan 2026 impacts 10% UPB and 50% of all delinquent loans serviced.
MSR Valuation Headwinds MSR valuation adjustments resulted in a $(169.8) M net loss, largely driven by prepayment speeds and input changes.
Regulatory Compliance Costs Subject to extensive regulation; legacy litigation accrual stands at $27.6 M, increasing compliance resource demands.
Liquidity Constraints Available committed borrowing capacity was only $24.5 M at year-end 2025, despite total liquidity of $205.0 M.
Outlook
FAR Reverse Sale Pending Closing of reverse loan portfolio sale to FAR contingent upon Ginnie Mae approval for business restructuring.
Rithm Downsizing Expected Expect reduced headcount and operating expenses following Rithm subservicing transfer beginning in first half 2026.
Originations Replenishment Focus Strategy centers on MSR growth via increased recapture and multi-channel production, targeting 15% industry volume growth.
Tax Expense Expected Anticipate recognizing income tax expense in 2026 and 2027 following $120.1 M valuation allowance release in 2025.
Peer Comparison
Revenue (TTM)
$1.18B
$217.51M
$209.37M
Gross Margin (Latest Quarter)
93.5%
84.6%
78.7%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| OBT | $414.70M | 9.9 | 16.5% | 1.3% |
| FMAO | $347.05M | 10.4 | 9.3% | 8.7% |
| CBAN | $345.31M | 12.9 | 9.0% | 0.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.7%
Moderate Growth
4Q Net Income CAGR
79.2%
Profitability Improved
Cash Flow Stability
25%
Cash Flow Needs Attention
Deep Research
Next earnings:Apr 28, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data