OneMain Holdings Inc. Common Stock (OMF)

FairStock Score: 76/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

OneMain is a consumer lender and insurance distributor, serving borrowers who often cannot tap traditional banks. That niche can be durable: 9,300 employees, branch and digital reach, and customer relationships create some switching costs. But this is not a wide-moat business; credit is commoditized, and competition and regulation are constant. The financials are mixed. Filed net income went from $641.0M in FY2023 (period ended 2023-12-31) to $509.0M in FY2024 (period ended 2024-12-31) and then to $783.0M in FY2025 (period ended 2025-12-31), so recent recovery is real. In fiscal Q1 2026 (quarter ended 2026-03-31), net income was $226.0M and diluted EPS $1.93. Yet the computed Lynch category is SLOW GROWER because profit grew only 1.4% a year over five years, and the supplied profit-growth figure is -8.98%. ROE of 23.28% is attractive, but D/E of 6.73 and an Altman Z-score of 0.35 show leverage is central—and risky if credit turns. ROCE of 2.89% is low, reflecting that debt funds the returns. At $56.08 on 2026-10-13, the P/E is 8.46, P/B is 1.91, and the dividend yield is 6.91%. FairStock's Graham Number is $66.22, implying a 15.31% margin of safety. FCF yield of 49.9% looks enormous, but for a lender I treat reported cash flow cautiously. Piotroski 5/9 is mediocre. The stock may be modestly cheap, but leverage and credit risk mean I want a larger discount and evidence of stable loan losses.

In plain English: OneMain lends money to consumers and sells insurance tied to those loans, including personal loans, auto loans and credit cards. It is profitable and pays a high dividend, but it uses a lot of borrowed money, so credit conditions matter a great deal. Based on the numbers provided, the shares look somewhat cheap versus profits and net assets, though the risks keep it from looking like an obvious bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · fiscal Q1 2025 10-Q (period ended 2025-03-31) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer