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

www.onitygroup.com

Market Cap

$331.49M

P/E (TTM)

1.7

2.4

Dividend Yield

52W High

$54.10

52W Low

$25.50

52W Range

47%

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)

ONIT

$1.18B

+10.4%

FSBW

$217.51M

+6.8%

PCB

$209.37M

+9.1%

Gross Margin (Latest Quarter)

ONIT

93.5%

-1.0pp

PLBC

84.6%

-6.1pp

OBT

78.7%

+16.3pp

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

No Data