OneMain Holdings, Inc. (OMF)

Key figures

The last twelve months reported, with the latest price and balance sheet.

Revenue, last twelve months

$5.1B

Revenue growth

7.8%

Net income, last twelve months

$781.0M

Earnings per share

$6.64

Net margin

15.4%

Return on equity

23.1%

Market value

$6.6B

Price to earnings

8.7x

Dividend yield

7.3%

Cash

$567.0M

Debt

$22.8B

Debt to equity

6.73

Shares outstanding

115.1M

Financial statements

Revenue, profit and cash flow by fiscal year, each year linked to its annual report.

By quarter

What the company said with its results

From the second quarter of 2026 results, filed 29 July 2026.

• Diluted EPS fell to $1.32. Net income was $152 million and pretax income $196 million, against $167 million and $214 million a year earlier. Diluted EPS was $1.32 versus $1.40.
• C&I adjusted EPS was $1.31. C&I adjusted pretax income was $201 million and adjusted net income $151 million, against $231 million and $173 million a year earlier. C&I adjusted EPS was $1.31 versus $1.45.
• Total revenue rose 6%. Total revenue was $1.6 billion, up 6% from $1.5 billion. Interest income of $1.4 billion rose 6% on receivables growth and improved portfolio yield.
• Capital generation rose to $229 million. Capital generation was $229 million, up from $222 million, driven by receivable growth and yield improvement.
• Managed receivables up 7%. Managed receivables were $26.9 billion, up from $25.2 billion a year earlier. The measure includes loans serviced for whole loan sale partners and third-party auto loans.
• Personal loan receivables up. Personal loan net finance receivables were $21.3 billion at June 30, 2026, against $20.8 billion a year earlier.
• Credit card receivables grew. Credit card net finance receivables were $1.14 billion, up from $752 million a year earlier.
• Consumer loan yield edged up. Consumer loan yield was 22.7%, against 22.5% in the prior quarter and 22.6% a year earlier.
• Average consumer balances steady. Average consumer loan net receivables were $23.7 billion, flat against the prior quarter and up from $22.9 billion a year earlier.
• Auto finance receivables rose. Auto finance net finance receivables were $2.68 billion, up from $2.34 billion a year earlier.
• Provision rose to $610 million. The provision for finance receivable losses was $610 million, against $465 million in the first quarter and $511 million a year earlier.
• Allowance increased $104 million. The allowance rose $104 million, which the company linked to receivables growth. The first-quarter allowance had fallen $47 million on a seasonal decline in receivables.
• 90+ day delinquency decreased. The 90+ day delinquency ratio was 2.15%, against 2.53% in the first quarter and 2.12% a year earlier. Net charge-off ratio was 7.77%, against 8.02% in the first quarter.
• Operating expense up 6%. Operating expense was $439 million, up 6% from $415 million, reflecting receivable growth and strategic investments in the business.

Company events

The newest 8-K filings of 183 held.

Every filing

The newest filings with the SEC of 323 held.

Insider trades

Form 4 trades by officers, directors and 10% owners, last 12 months.

Planned insider sales

Form 144 notices, filed when the sell order goes to the broker.

Large holders

Schedule 13D and 13G filings by holders of more than 5% of the voting shares.

Trades by members of the House

From each member's periodic transaction report.

Short interest

Shares sold short and not yet bought back, on each FINRA settlement date.

Funds that hold it

From each fund's latest Form 13F.

576 funds held it at 30 Jun 2026: 268 added and 171 trimmed in the quarter. The largest:

Peers

Companies in the same industry.

• Affirm Holdings, Inc. (AFRM): revenue $4.3B, market value $25.6B
• Credit Acceptance Corp. (CACC): revenue $2.3B, market value $5.7B
• Enova International, Inc. (ENVA): revenue $3.7B, market value $4.4B
• Bread Financial Holdings, Inc. (BFH): revenue $4.0B, market value $4.0B
• SLM Corp. (SLM): revenue $1.8B, market value $3.2B
• Happen, Inc. (HAPN): revenue $1.0B, market value $1.7B
• World Acceptance Corp. (WRLD): revenue $591.6M, market value $813.8M

What the company does

At 31 December 2025 it had approximately 3.6 million customer accounts with finance receivables on its balance sheet, and approximately 3.8 million accounts once loans it services for third parties are included. It operates in 48 states through more than 1,300 branch locations, digital channels and a network of auto dealerships. Its wholly-owned subsidiary, OneMain Finance Corporation, is the issuer of the public debt securities.

What it sells

Personal loans are non-revolving and carry a fixed rate. Terms are generally between three and six years, and there are no pre-payment penalties. They are secured by automobiles or other titled collateral, or they are unsecured. At 31 December 2025 the company had approximately 2.4 million personal loans, and 53% of the personal loan finance receivables were secured by titled property.

Auto finance consists of retail installment contracts originated at the point of purchase through franchise and independent dealerships. These loans are also fixed rate with terms generally between three and six years, and are secured by automobiles. The company had approximately 148 thousand auto finance loans at that date.

BrightWay credit cards are originated by a third-party bank partner, and the company purchases the receivable balances. The cards are open-ended, revolving, fixed rate and unsecured. They are offered through branches, direct mail, digital affiliates and the company website. There were approximately 1.1 million open card accounts.

The company's insurance subsidiaries are American Health and Life Insurance Company, licensed in 49 states, the District of Columbia and Canada, and Triton Insurance Company, licensed in 50 states, the District of Columbia and Canada. The company also requires collateral protection insurance, at the customer's expense, when a customer fails to maintain required insurance on pledged property. Customers can use the Trim by OneMain financial wellness platform free of charge, with bill negotiation, subscription management, budgeting and spend tracking.

How the business is organised

Consumer and Insurance is the only reportable segment. It covers consumer loans, credit cards and optional products. The remaining pieces, called "Other", are the liquidating SpringCastle Portfolio servicing activity and non-originating legacy operations, mainly liquidating real estate loans held for sale.

Central servicing facilities are in Mendota Heights, Minnesota; Tempe, Arizona; London, Kentucky; Evansville, Indiana; Fort Mill, South Carolina; Fort Worth, Texas; and West Valley, Utah. Third-party providers supply additional staff.

How it lends and collects

The company says its underwriting considers a borrower's willingness and capacity to repay. Applications, whether made in person, by phone or online, go through an ability-to-pay assessment, monthly budgeting, income verification and central automated credit decisioning. Credit risk scoring models draw on past repayment experience, application data and alternative data sources. Every secured consumer loan carries a security interest in titled property.

Its customers are primarily nonprime, so it generally charges higher interest rates. A customer in temporary hardship may be offered a deferment. Others may be offered a loan modification or a re-age. Consumer loans move to central collection operations at 60 days past due and are treated as nonperforming at 90 days. Credit cards accrue finance charges until charge-off at 180 days past due.

How it is funded

The company finances its operations through cash flows from operations, secured and unsecured debt, revolving conduit facilities, credit card revolving variable funding note facilities, an unsecured corporate revolver, whole loan sales and equity. It had access to 17 revolving conduit facilities at 31 December 2025. It has whole loan sale flow agreements with third parties for newly originated unsecured personal loans. The company states that its credit ratings are non-investment grade, which affects its cost and access to capital.

Competition and regulation

Competitors include banks, credit unions, non-depository institutions, fintech platforms, auto finance companies and other credit card issuers. The filing says competition is driven mainly by customer experience, price, speed and quality of service, flexibility of terms, credit availability, product offerings and operational capability. The company says its strengths are its omnichannel model, its data and analytics, its funding model and its local market knowledge. It also says the addition of Foursight has expanded its network of auto dealerships.

Federal laws govern credit origination, servicing and collection, including the Truth in Lending Act, the Fair Credit Reporting Act, the Military Lending Act and the Dodd-Frank Act. Since 2023 the CFPB has supervised the whole consumer finance business because the company is a "larger participant" in the auto financing market. State regulators license lenders, examine them and set limits on loan terms, amounts, interest rates and charges. State authorities also regulate the insurance business.

Its people

The company had approximately 9,300 employees at 31 December 2025, and its annual Employee Engagement Survey had a 90% participation rate in 2025. Through Credit Worthy by OneMain Financial, a partnership with EVERFI, it has delivered a free digital financial education curriculum to more than 4,900 schools and 600,000 students.

*From OneMain's annual report on Form 10-K for the year ended 31 December 2025. [The filing](https://www.sec.gov/Archives/edgar/data/1584207/000158420726000008/omf-20251231.htm)*

From the company's 10-K.