| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 87 | 9.2x | 17.6x | Top tier | |
Growth | 37 | 6.7% | 7.1% | Bottom tier | |
Quality | 95 | — | — | Top tier | |
Safety | 19 | — | — | Bottom tier | |
Capital Return | 33 | 6.86% | 2.15% | Bottom tier | |
Momentum | 65 | 6.8% | 2.3% | Around median | |
Sentiment | 53 | 11 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
OneMain Holdings operates through a credit platform serving consumers through three main products: personal loans, auto financing, and BrightWay credit cards. It generates revenue primarily from finance yields on loan and card balances, along with other revenue that includes fees for servicing third-party loan portfolios; in Q2 fiscal 2026, interest income was $1.4 billion, while other revenue was $207 million. The company ended the period with more than 4 million customer accounts, up 14% year over year, and managed receivables of $26.9 billion, including $1.7 billion serviced for third parties.
In Q2 fiscal 2026, OneMain reported revenue of $1.6 billion, up 6% year over year, GAAP net income of $152 million, and diluted EPS of $1.32, compared with $1.40 in the corresponding period of fiscal 2025. Capital generation, the metric management uses to manage the business, was $229 million, up 3% from $222 million, while higher loss provisions offset the impact of revenue growth on net income. The data does not include a figure for gross profit or gross margin, but the operating expense ratio remained stable at 6.7%, and operating expenses were $439 million, up 6% year over year.
The business mix reflects rapid expansion beyond personal loans: auto finance receivables reached $3 billion, up 14% year over year, and originations in this business grew 19%. In credit cards, the number of accounts increased 44% to 1.3 million, purchase volume rose 57%, and card receivables grew by more than 50%, compared with 7% growth in total managed receivables. EDGAR filings show that fiscal 2025 generated revenue of $6.2 billion, net income of $783 million, and EPS of $6.56, while Q1 fiscal 2026 recorded revenue of $1.6 billion, net income of $226 million, and EPS of $1.93.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $65.33, within a range of $60 to $70, with the consensus rated “Buy”; the average is below the 52-week range high of $71.93, while the highest target is close to it. No usable P/E ratio is available in the data, so the assessment is based on the target range and the breadth of the 52-week range between $45.78 and $71.93, balancing receivables growth and improving delinquency against higher charge-offs and reserves.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
Growth came from all three products, with originations increasing 10% to $4.3 billion in Q2 fiscal 2026 and managed receivables rising 7% to $26.9 billion. Auto finance originations grew 19%, while the number of BrightWay card accounts increased 44% and purchase volume rose 57%. In personal loans, enhanced debt consolidation offerings, the home equipment-secured product, and the new loan origination system support higher demand and transaction completion rates.
Early delinquency indicators improved through June 30, 2026, with the 30-to-89-day delinquency rate, excluding Foursight, declining 7 basis points to 2.82%. Total 30-plus-day delinquency also decreased 4 basis points to 5.03%, and the change in 90-plus-day delinquency improved to an increase of only 3 basis points compared with a 14-basis-point increase in the previous quarter. However, net charge-offs remained elevated at 8.2% for consumer and insurance and 7.8% for consumer loans in Q2 fiscal 2026.
The number of BrightWay card accounts reached 1.3 million in Q2 fiscal 2026, up 155 thousand from the previous quarter and more than 400 thousand year over year. Purchase volume increased 57%, card receivables grew by more than 50%, and their revenue yield rose to 33.6%. However, card growth increases reserves because their reserve ratio is approximately twice that of consumer loans, while their charge-off rate remained elevated at 17.7% despite declining 186 basis points annually.
On the July 29, 2026 call, management maintained its forecast for managed receivables growth of between 6% and 9% during fiscal 2026. It also maintained the consumer and insurance net charge-off range at 7.4% to 7.9% and the expected operating expense ratio at approximately 6.6%. Management expects losses to improve in the second half of fiscal 2026, but it also expects the allowance for loan losses ratio to rise to about 11.7% and the consumer loan yield to decline slightly toward the first-half average of 22.6%.
Capital generation was $229 million in Q2 fiscal 2026, up 3% year over year. The company repurchased 576 thousand shares for $32 million during the quarter, bringing total repurchases since the beginning of fiscal 2026 to $137 million, while the number of shares repurchased in the first half reached 2.5 million. Regular dividends are $4.20 per share on an annualized basis, but management explained that the volume of repurchases will remain dynamic after funding growth, dividends, and strategic opportunities.
Loans originated before August 2022 represent about 4% of the portfolio but contribute 12% of 30-plus-day delinquencies, making them a disproportionate burden. The Q2 fiscal 2026 provision was approximately $610 million, including $506 million in net charge-offs and a $104 million increase in reserves. Credit card growth also carries higher risks because the charge-off rate was 17.7% and the reserve ratio was approximately twice that of consumer loans.
