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Onity Group ONIT Servicing — Compensation and benefits

Other segment segments

Lending
$59.7M+28.7%
Corporate Segment and Other Operating Segment
$25.7M+17.4%
Originations
$20.8M+67.7%

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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$332.14M+5.5%
Enterprise value$2.35B+1.1%
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 us-gaap:LaborAndRelatedExpense.

The source filing: Onity Group’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 5:30 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030753
Financial information for our segments prepared under GAAP is as follows: / Results of OperationsFinancial information for our segments prepared under GAAP is as follows: / Three Months Ended March 31, 2026 / ServicingFinancial information for our segments prepared under GAAP is as follows: / Three Months Ended March 31, 2026 / OriginationsThree Months Ended March 31, 2026 / CorporateBusiness Segments Consolidated
Revenue240.353.9294.3
MSR valuation adjustments, net(80.5)11.5(69.0)
Operating expenses
Compensation and benefits23.220.825.769.7
Servicing and origination15.23.318.5
Technology and communications8.32.86.417.5
Professional services7.30.66.914.8
Occupancy, equipment and mailing7.20.80.58.5

ITEM 1. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Onity Group's servicing — compensation and benefits?
Onity Group (ONIT) reported servicing — compensation and benefits of $23.2M in Q1 2026.
How has Onity Group's servicing — compensation and benefits changed year-over-year?
Onity Group's servicing — compensation and benefits increased by 0.4% year-over-year, from $23.1M to $23.2M.
What is the long-term trend for Onity Group's servicing — compensation and benefits?
Over 4 years (2021 to 2025), Onity Group's servicing — compensation and benefits has grown at a -3.6% compound annual growth rate (CAGR), from $108.2M to $93.5M.
What does servicing — compensation and benefits mean?
This includes all salary, bonus, and benefit-related expenses for personnel dedicated to the servicing segment. It is a primary component of the segment's operating expenses and reflects the labor intensity of the servicing business. Tracking this helps investors evaluate the efficiency of the company's human capital management.

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