OMF Q3 2017 Earnings Report — OneMain Holdings, Inc. Revenue & Financial Results | Market Cap Arena

OneMain Holdings, Inc.OMF

Q3 2017 Earnings

Reported November 6, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2017	Q2 2017	Q3 2016	QoQ Change	YoY Change
Revenue	$961M	$920M	$928M	4.5%	3.6%
Op. Income	$121M	$66M	$33M	83.3%	266.7%
Gross Margin	53.2%	52.3%	48.5%	0.9pp	4.7pp
Net Margin	7.2%	4.6%	2.7%	2.6pp	4.5pp
EPS (Diluted)	$0.51	$0.31	$0.19	64.5%	168.4%
Free Cash Flow	$500M	$296M	$484M	68.9%	3.3%

Revenue Flow

Item	Amount
REVENUE	$961M
Cost of Revenue	$450M
GROSS PROFIT	$511M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$233M
SG&A Expenses	$233M
Other Expenses	$157M
Operating Expenses	$390M
Cost & Expenses	$840M
OPERATING INCOME	$121M
Interest Income	$808M
Interest Expense	$207M
Other Income/Expenses	$0
INCOME BEFORE TAX	$121M
Income Tax Expense	$52M
Net Income from Continuing Ops	$69M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$69M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$69M
D&A	$83M
EBIT	$121M
EBITDA	$204M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$961M
Cost of Revenue	$450M
GROSS PROFIT	$511M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$233M
SG&A Expenses	$233M
Other Expenses	$157M
Operating Expenses	$390M
Cost & Expenses	$840M
OPERATING INCOME	$121M
Interest Income	$808M
Interest Expense	$207M
Other Income/Expenses	$0
INCOME BEFORE TAX	$121M
Income Tax Expense	$52M
Net Income from Continuing Ops	$69M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$69M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$69M
D&A	$83M
EBIT	$121M
EBITDA	$204M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$69M
Depreciation & Amortization	$83M
Stock-Based Compensation	$5M
Deferred Income Tax	-$21M
Other Non-Cash Items	$232M
Change in Working Capital	$132M
OPERATING CASH FLOW	$500M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	-$157M
Sales/Maturities of Investments	$240M
Other Investing Activities	-$692M
NET CASH FROM INVESTING	-$609M
Net Debt Issuance	$188M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$188M
FREE CASH FLOW	$500M
Net Change in Cash	$80M

Balance Sheet

Item	Amount
Cash & Equivalents	$916M
Short-Term Investments	$1.7B
Net Receivables	$187M
Inventory	$0
Other Current Assets	-$187M
TOTAL CURRENT ASSETS	$2.6B
PP&E (Net)	$0
Goodwill	$1.4B
Intangible Assets	$452M
Long-Term Investments	$1.7B
Tax Assets	$0
Other Non-Current Assets	-$1.7B
TOTAL NON-CURRENT ASSETS	$1.9B
TOTAL ASSETS	$19.1B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$0
Long-Term Debt	$14.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$14.6B
TOTAL LIABILITIES	$15.8B
Common Stock	$1M
Additional Paid-In Capital	$1.6B
Retained Earnings	$1.7B
Treasury Stock	$0
Accum. Other Comp. Income	$5M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.2B
Minority Interest	$0
TOTAL EQUITY	$3.2B
TOTAL LIABILITIES & EQUITY	$19.1B
Total Debt	$14.6B
Net Debt	$13.7B