OneMain Holdings, Inc. (OMF)
NYSE:OMF
Want to see OMF full AI Analyst Report?
Top Page
OneMain Holdings
(NYSE:OMF)
Select Model
Select Model
Rating:64Neutral
Price Target:
$61.00
▲(2.94% Upside)
Action:Reiterated
Date:05/02/26
The score is driven by strong cash generation and attractive valuation (low P/E and high yield), partially offset by balance-sheet leverage risk and mixed/neutral technical momentum. The latest earnings call was supportive with reiterated guidance and continued capital returns, but credit-cost and legal/regulatory risks remain key constraints.
Positive Factors
Cash generation
Sustained operating and free cash flow growth supports durable earnings quality and funds capital allocation (dividends, buybacks, investments) without relying solely on new debt. Strong FCF provides a multi‑quarter buffer versus credit volatility and funds strategic initiatives.
Negative Factors
High financial leverage
Very high leverage amplifies refinancing and credit‑cycle risk, reducing financial flexibility. Even with solid ROE, elevated debt multiples increase vulnerability to rising funding costs or credit deterioration, potentially forcing heavier capital conservatism or curtailed growth over multiple quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Sustained operating and free cash flow growth supports durable earnings quality and funds capital allocation (dividends, buybacks, investments) without relying solely on new debt. Strong FCF provides a multi‑quarter buffer versus credit volatility and funds strategic initiatives.
Read all positive factors
OneMain Holdings (OMF) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$6.18B
Dividend Yield6.07%
Average Volume (3M)1.23M
Price to Earnings (P/E)6.9
Beta (1Y)1.38
Revenue Growth7.80%
EPS Growth42.28%
CountryUS
Employees9,000
SectorFinancial
Sector Strength70
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)6.74
Shares Outstanding115,530,950
10 Day Avg. Volume1,197,747
30 Day Avg. Volume1,229,819
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)2.36
Price to Sales (P/S)1.29
P/FCF Ratio2.56
Enterprise Value/Market Cap4.47
Enterprise Value/Revenue4.37
Enterprise Value/Gross Profit7.92
Enterprise Value/Ebitda16.93
Forecast
1Y Price Target
$67.90Price Target Upside14.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)7.3
Revenue Forecast (FY)$5.23B
OneMain Holdings Business Overview & Revenue Model
Company Description
OneMain Holdings, Inc., a financial service holding company, engages in the consumer finance and insurance businesses. The company originates, underwrites, and services personal loans secured by automobiles, other titled collateral, or unsecured. ...
How the Company Makes Money
OneMain primarily makes money from (1) interest income and (2) fees and ancillary product revenue, while managing funding costs and credit losses.
1) Net interest income on consumer loans: The core business is originating and holding consumer ins...
OneMain Holdings Earnings Call Summary
Earnings Call Date:May 01, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 29, 2026
Earnings Call Sentiment Positive
The call conveyed solid execution: earnings and revenue growth, healthy receivable expansion, strong funding execution, accelerating growth in auto and credit card businesses, and continued product/AI innovation. These positives were balanced by elevated but expected seasonal net charge-offs, a concentrated back-book delinquency headwind, higher operating investments and ongoing legal noise. Management reiterated guidance and expressed confidence in credit trends improving in the back half of the year.Positive Updates
Strong EPS Growth
C&I adjusted net income per diluted share (C&I adjusted EPS) was $1.95, up 13% year over year; GAAP net income per diluted share was $1.93, up 8% year over year ($1.78 in 2025).
Negative Updates
Elevated Net Charge-Offs in Q1
First-quarter C&I net charge-offs were 8.4% (up 24 basis points year over year) and consumer loan net charge-offs were 8.0% (up 19 basis points year over year); provision expense was $465 million and net charge-offs totaled $512 million—Q1 is seasonally the highest loss quarter.
Read all updates
Q1-2026 Updates
Positive
Negative
Strong EPS Growth
C&I adjusted net income per diluted share (C&I adjusted EPS) was $1.95, up 13% year over year; GAAP net income per diluted share was $1.93, up 8% year over year ($1.78 in 2025).
Read all positive updates
Company Guidance
Management reiterated 2026 guidance and emphasized continued capital generation and disciplined execution: full‑year managed receivables growth of 6%–9%, C&I net charge‑offs 7.4%–7.9%, and a full‑year operating expense ratio of ~6.6% (Q1 OpEx ratio was 6.8% with OpEx $437M, +9% YoY); funding costs are expected to remain near Q1’s 5.3% of average net receivables, net leverage was 5.4x (target 4x–6x), and the company expects continued excess capital generation after Q1 capital generation of $194M (Q1 repurchases $105M for 1.9M shares; 2‑quarter repurchases 3.1M/$176M) while maintaining a $4.20 annual dividend (~7% yield); Q1 operating metrics supporting the outlook included managed receivables $26.1B (+6% YoY), originations $3.1B (+3%), total revenue $1.6B (+6%), interest income $1.4B (+6%), interest expense $322M (+4%), GAAP EPS $1.93, C&I adjusted EPS $1.95 (+13% YoY), Q1 C&I net charge‑offs 8.4% (consumer loans 8.0%), credit card NCOs 18% (down 176 bps YoY), 30–89 day delinquency 2.62%, loan loss reserves $2.8B (11.5% reserve ratio), and recoveries $104M (+18%), with management prepared to adjust reserves or repurchase pacing as macro or capital needs change.OneMain Holdings Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
34
Negative
Cash Flow
78
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.33B | 6.24B | 5.72B | 5.30B | 5.09B | 4.97B |
| Gross Profit | 3.49B | 2.97B | 2.50B | 2.56B | 2.80B | 3.44B |
| EBITDA | 1.64B | 1.29B | 944.00M | 1.10B | 1.42B | 2.00B |
| Net Income | 796.00M | 783.00M | 509.00M | 641.00M | 872.00M | 1.31B |
Balance Sheet | ||||||
| Total Assets | 27.02B | 27.39B | 25.91B | 24.29B | 22.54B | 22.08B |
| Cash, Cash Equivalents and Short-Term Investments | 2.45B | 1.33B | 2.00B | 2.66B | 2.23B | 2.45B |
| Total Debt | 22.40B | 22.69B | 21.44B | 19.81B | 18.28B | 17.75B |
| Total Liabilities | 23.64B | 23.99B | 22.72B | 21.11B | 19.52B | 18.99B |
| Stockholders Equity | 3.38B | 3.40B | 3.19B | 3.19B | 3.02B | 3.09B |
Cash Flow | ||||||
| Free Cash Flow | 3.21B | 3.13B | 2.70B | 2.52B | 2.39B | 2.25B |
| Operating Cash Flow | 3.21B | 3.13B | 2.70B | 2.52B | 2.39B | 2.25B |
| Investing Cash Flow | -3.06B | -3.16B | -3.27B | -2.86B | -2.12B | -2.14B |
| Financing Cash Flow | 50.00M | 520.00M | 161.00M | 932.00M | -326.00M | -1.81B |
OneMain Holdings Technical Analysis
Negative
59.26
Price Trends
54.04
Negative
57.30
Negative
57.13
Negative
Market Momentum
-0.63
Positive
40.81
Neutral
32.21
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OMF, the sentiment is Negative. The current price of 59.26 is above the 20-day moving average (MA) of 55.28, above the 50-day MA of 54.04, and above the 200-day MA of 57.13, indicating a bearish trend. The MACD of -0.63 indicates Positive momentum. The RSI at 40.81 is Neutral, neither overbought nor oversold. The STOCH value of 32.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OMF.
OneMain Holdings Risk Analysis
OneMain Holdings disclosed 40 risk factors in its most recent earnings report. OneMain Holdings reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
OneMain Holdings Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $4.11B | 9.27 | 24.88% | ― | 17.46% | 46.61% | |
71 Outperform | $3.47B | 4.43 | 17.08% | 1.12% | -0.65% | 118.03% | |
68 Neutral | $5.81B | 8.37 | 29.39% | ― | 4.52% | 72.48% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | $6.18B | 6.91 | 23.62% | 6.07% | 7.80% | 42.28% | |
64 Neutral | $4.12B | 3.40 | 31.16% | 1.88% | 1.73% | 28.93% | |
59 Neutral | $770.89M | 19.38 | 6.37% | ― | 3.70% | ― |
* Financial Sector Average
OMF
OneMain Holdings
52.90
6.82
14.81%
BFH
Bread Financial Holdings
84.85
34.08
67.12%
CACC
Credit Acceptance
547.93
64.79
13.41%
SLM
SLM
21.46
-10.70
-33.28%
WRLD
World Acceptance
156.50
12.81
8.92%
ENVA
Enova International
160.71
68.29
73.89%
OneMain Holdings Corporate Events
Stock BuybackDividendsFinancial Disclosures
OneMain Holdings Posts Strong Q1 2026 Earnings, Dividend
Positive
May 1, 2026
On May 1, 2026, OneMain Holdings reported first-quarter 2026 net income of $226 million and diluted EPS of $1.93, up from $213 million and $1.78 a year earlier, supported by 6% growth in managed receivables to $26.1 billion and higher revenues. Th...
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
OneMain Holdings Posts Strong 2025 Results, Raises Shareholder Payouts
Positive
Feb 5, 2026
On February 5, 2026, OneMain Holdings reported a strong finish to 2025, with fourth-quarter pretax income rising to $249 million and net income to $204 million, up from $164 million and $126 million, respectively, a year earlier, driving diluted E...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.