OneMain Holdings, Inc. (OMF) Stock

OneMain Holdings, Inc. (OMF) is a Financials stock trading at $61.75 (as of 2026-08-20), with a market capitalization of $7.13B and a trailing P/E of 8.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

OneMain Holdings, Inc. is a financial services holding company that provides consumer lending and insurance. It originates, underwrites, and services personal loans secured by titled collateral such as automobiles or other collateral or unsecured loans, and also offers credit cards and insurance products, with distribution through branch offices and its website.

Understand OneMain Holdings, Inc.: how it makes money

OneMain Holdings originates, underwrites, and services consumer personal loans (secured by automobiles and other titled collateral, or unsecured) and also sells related credit and insurance products, earning money from lending and these insurance and other coverage offerings through a U.S. branch network.

OneMain's profit engine is centered on its Consumer and Insurance business, where operating expense supports Consumer and Insurance Segment Adjusted Pretax Income and Consumer and Insurance Segment Capital Generation.

Business quality (Solid): Good business-description clarity, but the provided dataset does not offer a clean, mutually exclusive segment revenue breakdown that sums to total revenue.

Valuation: At 9× earnings, OMF trades 29% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

Diversified consumer offerings: Beyond personal loans, OneMain also offers credit cards and a range of insurance products, including life, disability, and involuntary unemployment coverage, plus optional non-credit insurance and guaranteed asset protection coverage as a waiver product or insurance.
Ongoing customer cash-flow model: The company originates, underwrites, and services personal loans, meaning it is involved across the loan lifecycle rather than only booking new loans.
Scale via branch footprint: It operates through approximately 1,400 branch offices across 44 states in the United States.

Bear case

Expense pressure can directly weigh on earnings: Because operating expense is explicitly tracked for the Consumer and Insurance segment, higher costs can reduce Consumer and Insurance Segment Adjusted Pretax Income.
Consumer-credit and collateral exposure: A core part of the business is personal lending, including loans secured by automobiles and other titled collateral, which can make results sensitive to consumer and collateral conditions.
Insurance and waiver products add operational complexity: Insurance products (including guaranteed asset protection coverage as a waiver product or insurance) broaden the business model beyond loan servicing, which can increase reliance on effective underwriting and product delivery.

Valuation — source: SEC EDGAR (first-party)
Price	$61.75
Market Cap	$7.13B
P/E Ratio	8.9
EV / EBITDA	21.9
Price / Book	2.11
Price / Sales	1.31
Dividend Yield	7.0%
DCF Value (model)	$82.85
DCF Upside vs Price	34.2%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$5.46B
Net Margin	14.4%
Return on Equity	23.6%
Debt / Equity	6.63
Revenue Growth (YoY)	9.3%
EPS Growth (YoY)	54.7%

Valuation vs Sector & Industry
Stock P/E	8.9
Sector P/E (Financials)	15.1
Industry P/E (Banking)	12.9
vs Sector	-41.5%
vs Industry	-31.4%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($798.56M)
Institutional Holders Tracked	10
Congressional Trades (recent)	1

Company
Sector	Financials
Industry	Banking
CEO	Douglas H. Shulman
Employees	9,000
Country	US
IPO Date	2013-10-16

Related Companies (Business model: Specialty Finance / Lending; 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.