OneMain Holdings, Inc. (OMF) vs SoFi Technologies, Inc. (SOFI)

OneMain Holdings, Inc. and SoFi Technologies, Inc. are both Credit Services companies. SoFi Technologies, Inc. is the larger, with a market value of $21.8B against $6.5B — 3.3× the size. OneMain Holdings, Inc. trades at the lower P/E: 8.6× against 32.5×. SoFi Technologies, Inc. grew revenue faster over the last twelve months: 34.1% against 7.04%. OneMain Holdings, Inc. has the higher net margin (12.3% vs 11.4%) and the lower return on invested capital (2.45% vs 4.26%). Across the 18 metrics below, OneMain Holdings, Inc. leads on 11 and SoFi Technologies, Inc. on 7.

Valuation

Metric OMF SOFI Credit Services median
P/E 8.64 32.51 9.64
P/S 1.04 3.81 0.87
P/B 1.96 1.92 1.16
Price to free cash flow 2.04 n/m 2.99
EV/EBITDA n/m n/m 9.58
EV/Sales 4.52 3.77 2.32
Earnings yield 11.58% 3.08% 6.72%
Free cash flow yield 49.09% (41.33%) 12.33%

Profitability

Metric OMF SOFI Credit Services median
Gross margin 79.74% 77.13% 77.13%
Operating margin 0.00% 0.00% 0.34%
Net margin 12.26% 11.39% 9.25%
Free cash flow margin 50.72% (157.63%) 13.03%
Return on equity 23.28% 7.09% 8.49%
Return on assets 2.89% 1.25% 2.29%
Return on invested capital 2.45% 4.26% 4.09%

Growth

Metric OMF SOFI Credit Services median
Revenue growth (TTM) 7.04% 34.08% 4.62%
EPS growth (last fiscal year) 54.72% 0.00% —
Revenue growth, 5-year CAGR 4.76% 44.73% 9.13%
Net income growth, 5-year CAGR 1.41% 0.00% 0.00%

Health

Metric OMF SOFI Credit Services median
Debt to equity 6.73 0.30 0.68
Current ratio 0.00 0.74 1.55
Net debt to EBITDA 0.00 0.00 0.13

Dividend

Metric OMF SOFI Credit Services median
Dividend yield 9.13% — 3.34%
Payout ratio 0.73 0.00 0.00

Size

Metric OMF SOFI Credit Services median
Market cap 6.52b 21.79b 872.19m

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