OMF FY 2020 Earnings Report — OneMain Holdings, Inc. Revenue & Financial Results | Market Cap Arena

OneMain Holdings, Inc.OMF

FY 2020 Earnings

Reported February 9, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$4.9B	—	$4.7B	—	5.4%
Op. Income	$977M	—	$1.1B	—	-11.0%
Gross Margin	52.4%	—	55.2%	—	-2.7pp
Net Margin	14.8%	—	18.3%	—	-3.5pp
EPS (Diluted)	$5.41	—	$6.27	—	-13.7%
Free Cash Flow	$2.2B	—	$2.4B	—	-6.4%

Revenue Flow

Item	Amount
REVENUE	$4.9B
Cost of Revenue	$2.3B
GROSS PROFIT	$2.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$998M
SG&A Expenses	$998M
Other Expenses	$612M
Operating Expenses	$1.6B
Cost & Expenses	$4.0B
OPERATING INCOME	$977M
Interest Income	$4.4B
Interest Expense	$1.0B
Other Income/Expenses	$0
INCOME BEFORE TAX	$977M
Income Tax Expense	$247M
Net Income from Continuing Ops	$730M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$730M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$730M
D&A	$264M
EBIT	$977M
EBITDA	$1.2B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$4.9B
Cost of Revenue	$2.3B
GROSS PROFIT	$2.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$998M
SG&A Expenses	$998M
Other Expenses	$612M
Operating Expenses	$1.6B
Cost & Expenses	$4.0B
OPERATING INCOME	$977M
Interest Income	$4.4B
Interest Expense	$1.0B
Other Income/Expenses	$0
INCOME BEFORE TAX	$977M
Income Tax Expense	$247M
Net Income from Continuing Ops	$730M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$730M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$730M
D&A	$264M
EBIT	$977M
EBITDA	$1.2B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$730M
Depreciation & Amortization	$264M
Stock-Based Compensation	$17M
Deferred Income Tax	-$42M
Other Non-Cash Items	$1.4B
Change in Working Capital	-$118M
OPERATING CASH FLOW	$2.2B
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	-$994M
Sales/Maturities of Investments	$1.0B
Other Investing Activities	-$777M
NET CASH FROM INVESTING	-$751M
Net Debt Issuance	$487M
Common Stock Repurchased	-$45M
Common Dividends Paid	-$806M
Other Financing Activities	-$6M
NET CASH FROM FINANCING	-$370M
FREE CASH FLOW	$2.2B
Net Change in Cash	$1.1B

Balance Sheet

Item	Amount
Cash & Equivalents	$2.3B
Short-Term Investments	$1.8B
Net Receivables	$299M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$4.4B
PP&E (Net)	$0
Goodwill	$1.4B
Intangible Assets	$306M
Long-Term Investments	$15.9B
Tax Assets	$0
Other Non-Current Assets	$435M
TOTAL NON-CURRENT ASSETS	$18.1B
TOTAL ASSETS	$22.5B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$0
Long-Term Debt	$17.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$45M
Other Non-Current Liabilities	$1.2B
TOTAL NON-CURRENT LIABILITIES	$19.0B
TOTAL LIABILITIES	$19.0B
Common Stock	$1M
Additional Paid-In Capital	$1.7B
Retained Earnings	$1.7B
Treasury Stock	$0
Accum. Other Comp. Income	$94M
Other Equity	-$13M
TOTAL STOCKHOLDERS' EQUITY	$3.4B
Minority Interest	$0
TOTAL EQUITY	$3.4B
TOTAL LIABILITIES & EQUITY	$22.5B
Total Debt	$17.8B
Net Debt	$15.5B