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Onity Group

ONIT

Onity Group Inc. is a financial services company specializing in the servicing and origination of residential forward and reverse mortgage loans.

Market cap
$332.56M+10.1%
Revenue$1.1B+12.6%
Net income$175.0M+108%
Free cash flow-$2.6B-333%
EPS (diluted)$19.71+92.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 1 week)
Revenue estimate$272.5M
EPS estimate$0.95

Financials

Q1 2026

Income statement

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Revenue$294.3M+17.8%
Net income$7.6M-65.6%
EPS (diluted)$0.74-70.4%

Balance sheet

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Cash & equivalents$182.5M+2.5%
Total debt$2.2B+38.8%
Total equity$629.2M+36.7%
Total assets$17.7B+9.1%

Cash flow

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Operating cash flow-$1.6B-974%
CapEx$100.0K-66.7%
Free cash flow-$1.6B-971%

Valuation & ratios

Valuation

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Market cap$332.56M+10.1%
Enterprise value$2.35B+1.5%
P/E1.9×
P/S0.3×0.0×

Profitability

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Net margin15.7%

Returns & leverage

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Return on equity32.1%
Debt / equity3.5×+0.1×

Segments

By segment

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Originations$12.6M+103%
Corporate Segment and Other Operating Segment-

Competitors

Profile

Onity Group Inc. is a financial services company specializing in the servicing and origination of residential forward and reverse mortgage loans. The company operates as a leader in the mortgage industry, focusing on creating value through a capital-light growth strategy and a diversified portfolio of owned mortgage servicing rights and subservicing agreements. Its core value proposition centers on industry-leading cost structures, top-tier operating performance, and specialized expertise in managing complex mortgage assets.

Competitive position

A leading mortgage servicer recognized for operational excellence by GSEs, competing primarily on cost structure, service quality, and proprietary delinquency management processes.

GeographiesUnited States, United States Virgin Islands, India, Philippines
Customer segmentsHomeowners, Institutional Investors, Government Agencies, Financial Institutions
Business modelAsset Management, B2B Service Provider, Direct-to-Consumer, Transaction-based
SuppliersCapital markets for MSR financing, Warehouse lending facilities, Technology and AI tool providers, Global workforce in APAC regions
CustomersFannie Mae, Freddie Mac, Ginnie Mae, Private RMBS investors, Individual residential borrowers
Listed1996
Employees4.4K
CEOGlen A. Messina
FilingsSEC EDGAR

Questions, answered.

What is Onity Group's market cap?
Onity Group (ONIT) has a market capitalization of $332.6M and trades on NYSE.
What is Onity Group's revenue and profitability?
Onity Group generated $1.1B in trailing twelve-month revenue with net income of $175.0M, representing a net margin of 15.7%, with free cash flow of -$2.6B. These figures are based on the Q1 2026 filing.
Who are Onity Group's competitors?
Onity Group's key competitors include Pennymac Financial Services, Inc., Rocket Companies, Inc., loanDepot, Inc., and others. These companies compete in similar markets and product categories.
Who does Onity Group partner with?
Onity Group's notable partners include Rithm Capital Corp., Oaktree Capital Management, Fannie Mae, and others.
What subsidiaries does Onity Group have?
Onity Group's subsidiaries include PHH Mortgage, Liberty Reverse Mortgage.
Where is Onity Group headquartered?
Onity Group is headquartered in United States of America and employs approximately 4,400 people. It has been publicly traded since 1996.