OMF Q4 2022 Earnings Report — OneMain Holdings, Inc. Revenue & Financial Results | Market Cap Arena

OneMain Holdings, Inc.OMF

Q4 2022 Earnings

Reported February 10, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2022	Q3 2022	Q4 2021	QoQ Change	YoY Change
Revenue	$1.3B	—	$1.2B	—	10.1%
Op. Income	$237M	—	$355M	—	-33.2%
Gross Margin	50.9%	—	59.9%	—	-9.0pp
Net Margin	13.9%	—	22.4%	—	-8.5pp
EPS (Diluted)	$1.44	—	$2.02	—	-28.7%
Free Cash Flow	$664M	—	$608M	—	9.2%

Revenue Flow

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$635M
GROSS PROFIT	$657M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$249M
SG&A Expenses	$249M
Other Expenses	$171M
Operating Expenses	$420M
Cost & Expenses	$1.1B
OPERATING INCOME	$237M
Interest Income	$1.1B
Interest Expense	$231M
Other Income/Expenses	$0
INCOME BEFORE TAX	$237M
Income Tax Expense	$57M
Net Income from Continuing Ops	$180M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$180M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$180M
D&A	$74M
EBIT	$237M
EBITDA	$311M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$635M
GROSS PROFIT	$657M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$249M
SG&A Expenses	$249M
Other Expenses	$171M
Operating Expenses	$420M
Cost & Expenses	$1.1B
OPERATING INCOME	$237M
Interest Income	$1.1B
Interest Expense	$231M
Other Income/Expenses	$0
INCOME BEFORE TAX	$237M
Income Tax Expense	$57M
Net Income from Continuing Ops	$180M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$180M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$180M
D&A	$74M
EBIT	$237M
EBITDA	$311M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$180M
Depreciation & Amortization	$74M
Stock-Based Compensation	$4M
Deferred Income Tax	-$18M
Other Non-Cash Items	$390M
Change in Working Capital	$34M
OPERATING CASH FLOW	$664M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	-$125M
Sales/Maturities of Investments	$96M
Other Investing Activities	-$593M
NET CASH FROM INVESTING	-$622M
Net Debt Issuance	$70M
Common Stock Repurchased	-$56M
Common Dividends Paid	-$116M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$102M
FREE CASH FLOW	$664M
Net Change in Cash	-$60M

Balance Sheet

Item	Amount
Cash & Equivalents	$498M
Short-Term Investments	$1.7B
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.2B
PP&E (Net)	$0
Goodwill	$1.4B
Intangible Assets	$261M
Long-Term Investments	$17.7B
Tax Assets	$0
Other Non-Current Assets	$866M
TOTAL NON-CURRENT ASSETS	$20.3B
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	$18.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$5M
Other Non-Current Liabilities	$1.2B
TOTAL NON-CURRENT LIABILITIES	$19.5B
TOTAL LIABILITIES	$19.5B
Common Stock	$1M
Additional Paid-In Capital	$1.7B
Retained Earnings	$2.1B
Treasury Stock	-$667M
Accum. Other Comp. Income	-$127M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.0B
Minority Interest	$0
TOTAL EQUITY	$3.0B
TOTAL LIABILITIES & EQUITY	$22.5B
Total Debt	$18.3B
Net Debt	$17.8B