NYSE$OMF

OneMain Holdings Inc. · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

OneMain Holdings reported second quarter 2021 results, with diluted EPS of $2.60 and C&I adjusted diluted EPS of $2.66.

OneMain Holdings, Inc. reported a strong second quarter in 2021, with pretax income of $463 million and net income of $350 million. Earnings per diluted share were $2.60, driven by strong demand in the core lending business and strategic investments in the company's future.

  • Diluted EPS was $2.60 for 2Q 2021.
  • C&I adjusted diluted EPS was $2.66 for 2Q 2021.
  • C&I managed receivables were $18.3 billion for 2Q 2021.
  • The company declared a dividend of $4.20 per share.

Headline financials

Total Revenue

$990M

Previous: $954M+3.8%
EPS (adj)

$2.66

Previous: $0.80+232.5%
Consumer Loan Originations

$3.8B

Previous: $2B+90.0%
Free Cash Flow

$350M

Previous: $89M+293.3%
Net Income

$350M

Previous: $89M+293.3%
Operating Income

$452M

Previous: $40M+1030.0%
Gross Profit

$810M

Previous: $441M+83.7%
Cash & Equivalents

$1.79B

Previous: $2.74B-34.8%
Total Assets

$22.4B

Previous: $22.5B-0.6%
Stock-Based Comp

$4M

Previous: $3M+33.3%

Revenue & EPS history

OneMain · Revenue · Quarterly

$990M

Q2 2021+3.8%vs Q2 2020
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Revenue by segment

OneMain · $1.22B total across 1 segment · Q2 2021

  • Consumer & Insurance
    $1.22B+1.2%

Forward guidance

The company expects to maintain a minimum quarterly dividend of $0.70 per share going forward. Dividends above the minimum are evaluated by the Board of Directors every first and third quarters, consistent with prior quarters and the company's capital allocation strategy.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+1.6%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+0.2%

Avg return

30 days after

57%

31 / 54 earnings

Positive

+24.7%

Q2 2014

Best reaction

-38.0%

Q3 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%-4.9%-5.9%
Q4 2025-1.4%-2.3%-15.5%
Q3 2025+10.1%+9.2%+11.3%
Q2 2025+0.9%+0.4%+4.5%
Q1 2025-1.1%+0.4%+6.8%
Q4 2024-3.2%-1.1%-6.4%
Q3 2024+4.6%+5.6%+20.8%
Q2 2024-8.6%-16.5%-7.0%
Q1 2024-0.2%+0.7%-4.7%
Q4 2023-7.4%-2.1%+2.0%
Q3 2023-4.2%-3.5%+4.4%
Q2 2023-5.5%-5.3%-16.8%
Q1 2023-0.6%-0.6%-3.5%
Q4 2022+8.7%+7.3%-6.0%
Q3 2022+10.1%+18.6%+18.7%
Q2 2022-3.6%+0.0%-5.6%
Q1 2022+2.7%+6.8%-1.1%
Q4 2021-1.0%+2.8%-11.3%
Q3 2021-6.6%-8.6%-16.7%
Q2 2021+0.1%+1.1%-6.8%
Q1 2021+2.5%+4.2%+2.2%
Q4 2020+1.1%-4.4%-2.0%
Q3 2020-2.6%-7.6%+9.2%
Q2 2020+12.9%+13.9%+15.0%
Q1 2020+20.5%+17.9%+34.3%
Q4 2019+7.4%+9.5%-27.2%
Q3 2019+6.2%+11.5%+16.8%
Q2 2019+16.9%+14.0%-1.6%
Q1 2019-2.7%-1.6%-10.5%
Q4 2018+12.1%+13.1%+11.1%
Q3 2018+12.5%+7.8%+6.6%
Q2 2018-2.0%+5.5%+7.6%
Q1 2018+0.4%+1.0%+1.1%
Q4 2017+5.2%+4.2%-1.0%
Q3 2017+2.6%-0.4%-17.9%
Q2 2017+0.2%+2.4%+2.6%
Q1 2017+6.5%+5.1%+3.3%
Q4 2016+10.5%+16.4%+9.1%
Q3 2016-38.0%-28.8%-16.7%
Q2 2016+8.3%+4.2%+6.1%
Q1 2016+0.9%
Q4 2015-3.1%
Q3 2015-5.9%
Q2 2015-7.7%
Q1 2015-1.0%
Q4 2014+2.9%
Q3 2014+7.2%
Q2 2014+24.7%
Q1 2014-6.9%
Q2 2013+1.3%
Q1 2012+1.3%
Q4 2012+1.3%
Q4 2013-6.1%
Q3 2013+1.9%
Q1 2013
Q3 2012
Q2 2011
Q1 2011
Q2 2010
Q1 2010

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