ONIT
Onity Group Inc.
ONIT's fundamentals are strong and it looks cheap: trading at 1.9x earnings, less than half its usual 11x. Analysts expect earnings to decline.
ONIT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
ONIT's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like ONIT.
ONIT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 1.9x | $27.33 | — |
| Cheap | 2.4x | $33.80 | +24% |
| Forward | 4.8x | $27.33 | — |
| Fair | 11x | $150 | +450% |
| Expensive | 33x | $460 | +1583% |
Historical ranges are pointers, not guarantees.
ONIT's PE is in its cheap range at 1.9x. Analysts expect earnings to fall, which would put today's price at 4.8x next year's earnings, in its fair range.
ONIT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Decline | |
| Stable | |
| Weakening | |
| Limited | |
| High |
Analysts expect ONIT's earnings and profitability to decline, with its revenue holding steady.
ONIT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.75 | -59% |
| Q3 2026 | $14.15 | +324% |
| Q2 2026 | $15.77 | +298% |
| Q1 2026 | $19.70 | +582% |
| Q4 2025 | $21.46 | +420% |
| Q3 2025 | $3.34 | +94% |
| Q2 2025 | $3.96 | +3200% |
| Q1 2025 | $2.89 | +291% |
| Q4 2024 | $4.13 | +$12.47 |
ONIT's earnings per share have climbed steadily: $14.15 over the past year, about four times what it earned the year before, and higher year over year for 11 quarters in a row.
ONIT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $278.1M | -0.8% |
| Q2 2026 | $282.9M | +15% |
| Q1 2026 | $294.3M | +18% |
| Q4 2025 | $290M | +29% |
| Q3 2025 | $280.3M | +5.5% |
| Q2 2025 | $246.6M | +0.1% |
| Q1 2025 | $249.8M | +4.5% |
| Q4 2024 | $224.8M | -19% |
ONIT's revenue has picked up after five years of holding roughly level: $278M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 58% | +2.5 points |
| Q2 2026 | 51% | -4.7 points |
| Q1 2026 | 55% | +3.1 points |
| Q4 2025 | 53% | +4.4 points |
| Q3 2025 | 55% | -2.6 points |
| Q2 2025 | 56% | -2.2 points |
| Q1 2025 | 52% | -4.3 points |
| Q4 2024 | 49% | -14 points |
ONIT's operating margin was 58% last quarter, up 2.5 points from the same quarter a year ago.
ONIT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $577M | +152% |
| Q2 2026 | -$516.9M | +$81.9M |
| Q1 2026 | -$1.6B | -$1.4B |
| Q4 2025 | -$232.5M | -$14M |
| Q3 2025 | $228.8M | +1098% |
| Q2 2025 | -$598.8M | -$520.8M |
| Q1 2025 | -$148.4M | +$148.8M |
| Q4 2024 | -$218.5M | -178% |
ONIT's free cash flow was −$1.8B over the past year, against −$737M the year before. Free cash flow isn't a meaningful measure for financial services companies like ONIT.
ONIT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.5% | +126K shares |
| 1 year | -1.7% | -145K shares |
| 3 years | +6.4% | +513K shares |
| 5 years | -8.8% | -829K shares |
| Available history | -4.4% | -390K shares |
ONIT has 9M diluted shares, down 1.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6M |
| Q2 2026 | $5.9M |
| Q1 2026 | $6.1M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q4 2022 | $11.2M |
| Q3 2022 | $36.5M |
| Q4 2021 | — |
ONIT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.8x | High |
| Q2 2026 | 6.7x | High |
| Q1 2026 | 6.7x | High |
| Q4 2025 | 4.9x | High |
| Q3 2025 | 6.7x | High |
| Q2 2025 | 6.9x | High |
| Q1 2025 | 5.6x | High |
| Q4 2024 | 5.1x | High |
ONIT's net debt is about 5.8 years of its operating earnings (EBITDA), down from 6.7 years a year ago. Net leverage isn't a meaningful measure for financial services companies like ONIT.
ONIT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.3 | Neutral |
| Stochastic | 24.1 | Neutral |
ONIT's weekly RSI is 37 (neutral) and its Stochastic is 24 (neutral).
ONIT PE vs Financial Services Sector
| Metric | ONIT | Sector median | Relative |
|---|---|---|---|
| PE | 1.9x | 13x | 85% below |
| PE % | 8 | 63 | 55 pts below |
ONIT is trading at 1.9x earnings, a 85% discount to the Financial Services sector's median of 13x.
ONIT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $27.7 | 1.4% below |
| 20 week MA | $33.4 | 18% below |
| 50 week MA | $38.5 | 29% below |
| 100 week MA | $37.5 | 27% below |
| 200 week MA | $32.9 | 17% below |
ONIT is in a downtrend: it's below all five of its weekly moving averages, and 17% below its 200-week average.
ONIT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.9 | $31.0 | +49% |
| 2021 | $31.0 | $39.5 | +27% |
| 2022 | $39.5 | $31.4 | -20% |
| 2023 | $31.4 | $30.8 | -2.1% |
| 2024 | $30.8 | $30.2 | -1.8% |
| 2025 | $30.2 | $44.2 | +46% |
| 2026 YTD | $44.2 | $27.3 | -38% |
ONIT has finished lower in three of the last six years. It's down 38% so far in 2026.