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Onity Group ONIT Lending — Servicing and origination

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RITMOrigination and Servicing — Debt
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RITMOrigination and Servicing — Goodwill
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RITMOrigination and Servicing — Investments
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RITMOrigination and Servicing — Liabilities
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STWDCommercial and Residential Lending Segment and Investing and Servicing Segment — Acquisitions/originations/additional funding
$1.67B+93.7%

Other financials

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

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Market cap$323.49M+2.8%
Enterprise value$2.34B+0.8%
P/E1.9×
P/S0.3×0.0×

Profitability

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Net margin15.7%
FCF margin-97.9%-126pp

Returns & leverage

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

Where this comes from

Reported directly by Onity Group in its filing.

Tagged under the XBRL concept ocn:ServicingAndOrigination.

The source filing: Onity Group’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 4:37 PM EST
Fiscal year
FY2025
Accession
0001628280-26-008625
Financial information for our segments prepared under GAAP is as follows: / Results of Operations / Year Ended December 31, 2025Financial information for our segments prepared under GAAP is as follows: / ServicingFinancial information for our segments prepared under GAAP is as follows: / OriginationsFinancial information for our segments prepared under GAAP is as follows: / CorporateBusiness Segments Consolidated
MSR valuation adjustments, net(189.4)19.5(169.8)
Operating expenses
Compensation and benefits93.659.799.3252.6
Servicing and origination47.611.458.9
Technology and communications30.39.524.364.1
Professional services19.62.146.167.8
Occupancy, equipment and mailing28.83.21.633.6
Corporate overhead allocations55.117.0(72.1)

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Onity Group's lending — servicing and origination?
Onity Group (ONIT) reported lending — servicing and origination of $2.85M in Q4 2025.
How has Onity Group's lending — servicing and origination changed year-over-year?
Onity Group's lending — servicing and origination increased by 46.2% year-over-year, from $1.95M to $2.85M.
What is the long-term trend for Onity Group's lending — servicing and origination?
Over 4 years (2021 to 2025), Onity Group's lending — servicing and origination has grown at a -6.6% compound annual growth rate (CAGR), from $15M to $11.4M.
What does lending — servicing and origination mean?
Captures the direct operational expenses incurred in the process of originating new mortgage loans and maintaining existing servicing portfolios. This metric helps assess the variable costs associated with maintaining business activity levels in the lending segment.

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