OMF FY 2021 Earnings Report — OneMain Holdings, Inc. Revenue & Financial Results | Market Cap Arena

OneMain Holdings, Inc.OMF

FY 2021 Earnings

Reported February 11, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$5.0B	—	$4.9B	—	0.8%
Op. Income	$1.7B	—	$977M	—	78.2%
Gross Margin	69.2%	—	52.4%	—	16.8pp
Net Margin	26.4%	—	14.8%	—	11.6pp
EPS (Diluted)	$9.88	—	$5.41	—	82.6%
Free Cash Flow	$2.2B	—	$2.2B	—	1.6%

Revenue Flow

Item	Amount
REVENUE	$5.0B
Cost of Revenue	$1.5B
GROSS PROFIT	$3.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.0B
SG&A Expenses	$1.0B
Other Expenses	$687M
Operating Expenses	$1.7B
Cost & Expenses	$3.2B
OPERATING INCOME	$1.7B
Interest Income	$4.4B
Interest Expense	$937M
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$427M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.3B
D&A	$264M
EBIT	$1.7B
EBITDA	$2.0B
EPS	$10
EPS Diluted	$10

Income Statement

Item	Amount
REVENUE	$5.0B
Cost of Revenue	$1.5B
GROSS PROFIT	$3.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.0B
SG&A Expenses	$1.0B
Other Expenses	$687M
Operating Expenses	$1.7B
Cost & Expenses	$3.2B
OPERATING INCOME	$1.7B
Interest Income	$4.4B
Interest Expense	$937M
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$427M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.3B
D&A	$264M
EBIT	$1.7B
EBITDA	$2.0B
EPS	$10
EPS Diluted	$10

Cash Flow Statement

Item	Amount
Net Income	$1.3B
Depreciation & Amortization	$264M
Stock-Based Compensation	$23M
Deferred Income Tax	$78M
Other Non-Cash Items	$616M
Change in Working Capital	-$48M
OPERATING CASH FLOW	$2.2B
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	-$1.2B
Sales/Maturities of Investments	$1.1B
Other Investing Activities	-$2.0B
NET CASH FROM INVESTING	-$2.1B
Net Debt Issuance	-$162M
Common Stock Repurchased	-$368M
Common Dividends Paid	-$1.3B
Other Financing Activities	-$6M
NET CASH FROM FINANCING	-$1.8B
FREE CASH FLOW	$2.2B
Net Change in Cash	-$1.7B

Balance Sheet

Item	Amount
Cash & Equivalents	$541M
Short-Term Investments	$1.9B
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.4B
PP&E (Net)	$0
Goodwill	$1.4B
Intangible Assets	$274M
Long-Term Investments	$17.2B
Tax Assets	$0
Other Non-Current Assets	$718M
TOTAL NON-CURRENT ASSETS	$19.6B
TOTAL ASSETS	$22.1B
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	$1M
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	-$368M
Accum. Other Comp. Income	$61M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.1B
Minority Interest	$0
TOTAL EQUITY	$3.1B
TOTAL LIABILITIES & EQUITY	$22.1B
Total Debt	$17.8B
Net Debt	$17.2B