Onity Group Inc.ONIT
What Onity Group Inc. does.
When we use the terms “Onity,” “ONIT,” “we,” “us” and “our,” we are referring to Onity Group Inc. and its consolidated subsidiaries.
We are a financial services company that services and originates both forward and reverse mortgage loans, through our primary brands, PHH Mortgage and Liberty Reverse Mortgage. We are a leader in the servicing industry that is focused on creating positive outcomes for homeowners, clients, and investors. This long-standing core competency continues to be a guiding principle as we seek to grow our business and improve our financial performance.
We are headquartered in West Palm Beach, Florida with offices and operations in the U.S., in the United States Virgin Islands (USVI), in India and the Philippines. At December 31, 2025, approximately 75% of our workforce was located outside the U.S. Onity Group Inc. is a Florida corporation organized in February 1988. With our predecessor companies, we have been servicing residential mortgage loans since 1988. We have been originating forward mortgage loans since 2012 and reverse mortgage loans since 2013.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $960.9M | $1.1B | $953.9M | $1.1B | $976.0M | $1.1B |
| Net income | -$40.2M | $18.1M | $25.7M | -$63.7M | $33.9M | $189.5M |
| Free cash flow | $256.9M | -$471.7M | $167.7M | $8.2M | -$574.6M | -$750.9M |
More on ONIT.
- Onity Group Inc. summary
- Onity Group Inc. financial statements
- Onity Group Inc. key metrics
- Onity Group Inc. health scores and style box
- Onity Group Inc. earnings
- Onity Group Inc. dividends
- Onity Group Inc. valuation
- Onity Group Inc. ownership and insiders
- Onity Group Inc. peers
Figures from Onity Group Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.