OneMain Historical Income Statement
OMF Stock | USD 56.97 0.16 0.28% |
Historical analysis of OneMain Holdings income statement accounts such as Cost Of Revenue of 2.7 B can show how well OneMain Holdings performed in making a profits. Evaluating OneMain Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of OneMain Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining OneMain Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether OneMain Holdings is a good buy for the upcoming year.
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About OneMain Income Statement Analysis
OneMain Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to OneMain Holdings shareholders. The income statement also shows OneMain investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
OneMain Holdings Income Statement Chart
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Total Revenue
Total revenue comprises all receipts OneMain Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Operating Income
Operating Income is the amount of profit realized from OneMain Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of OneMain Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on OneMain Holdings income statement and represents the costs associated with goods and services OneMain Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on OneMain Holdings income statement and is an important metric when analyzing OneMain Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most accounts from OneMain Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into OneMain Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMain Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in OneMain Stock please use our How to Invest in OneMain Holdings guide.At this time, OneMain Holdings' Net Income is most likely to increase significantly in the upcoming years. The OneMain Holdings' current EBIT is estimated to increase to about 2 B, while Gross Profit is forecasted to increase to (24.7 M).
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 704M | 779M | 2.6B | 2.7B | Operating Income | 1.7B | 1.8B | 1.6B | 1.3B |
OneMain Holdings income statement Correlations
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OneMain Holdings Account Relationship Matchups
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OneMain Holdings income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 970M | 1.0B | 937M | 892M | 1.0B | 718.1M | |
Total Revenue | 3.8B | 3.9B | 4.0B | 4.2B | 2.6B | 2.6B | |
Gross Profit | 3.1B | 3.2B | 3.3B | 3.4B | (26M) | (24.7M) | |
Operating Income | 1.1B | 977M | 1.7B | 1.8B | 1.6B | 1.3B | |
Cost Of Revenue | 683M | 702M | 704M | 779M | 2.6B | 2.7B | |
Income Before Tax | 1.1B | 977M | 1.7B | 1.2B | 840M | 454.6M | |
Net Income Applicable To Common Shares | 855M | 730M | 1.3B | 878M | 1.0B | 551.5M | |
Net Income | 855M | 730M | 1.3B | 872M | 641M | 673.1M | |
Income Tax Expense | 243M | 247M | 427M | 285M | 199M | 132.5M | |
Depreciation And Amortization | 271M | 2.9B | 2.2B | 3.0B | 257M | 244.2M | |
Selling General Administrative | 993M | 242M | 176M | 150M | 1.0B | 634.1M | |
Other Operating Expenses | 2.7B | 2.9B | 2.3B | 2.4B | 933M | 886.4M | |
Ebit | 1.1B | (513M) | (206M) | (681M) | 1.9B | 2.0B | |
Ebitda | 1.4B | 2.3B | 2.0B | 2.3B | 2.1B | 1.6B | |
Total Operating Expenses | (2.7B) | (2.9B) | (2.3B) | (2.4B) | 933M | 979.7M | |
Total Other Income Expense Net | (2.1B) | (776M) | (788M) | (734M) | (786M) | (825.3M) | |
Net Income From Continuing Ops | 855M | 730M | 1.3B | 878M | 641M | 635.4M | |
Tax Provision | 243M | 247M | 427M | 285M | 199M | 220.7M | |
Net Interest Income | 3.2B | 3.3B | 3.4B | 3.5B | 3.5B | 3.4B | |
Interest Income | 4.1B | 4.4B | 4.4B | 4.4B | 4.6B | 4.4B | |
Reconciled Depreciation | 289M | 271M | 264M | 262M | 257M | 221.1M |
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When determining whether OneMain Holdings is a strong investment it is important to analyze OneMain Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OneMain Holdings' future performance. For an informed investment choice regarding OneMain Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMain Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in OneMain Stock please use our How to Invest in OneMain Holdings guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OneMain Holdings. If investors know OneMain will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OneMain Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Dividend Share 4.08 | Earnings Share 4.56 | Revenue Per Share 20.797 | Quarterly Revenue Growth (0.03) |
The market value of OneMain Holdings is measured differently than its book value, which is the value of OneMain that is recorded on the company's balance sheet. Investors also form their own opinion of OneMain Holdings' value that differs from its market value or its book value, called intrinsic value, which is OneMain Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OneMain Holdings' market value can be influenced by many factors that don't directly affect OneMain Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OneMain Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if OneMain Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneMain Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.