OneMain Net Income vs Gross Profit Analysis

OMF Stock

USD 51.42 2.36 4.39%

OneMain Holdings financial indicator trend analysis is much more than just breaking down OneMain Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OneMain Holdings is a good investment. Please check the relationship between OneMain Holdings Net Income and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMain Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more detail on how to invest in OneMain Stock please use our How to Invest in OneMain Holdings guide.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OneMain Holdings Net Income account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between OneMain Holdings' Net Income and Gross Profit is 0.45. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of OneMain Holdings, assuming nothing else is changed. The correlation between historical values of OneMain Holdings' Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of OneMain Holdings are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., OneMain Holdings' Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in OneMain Holdings financial statement analysis. It represents the amount of money remaining after all of OneMain Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of OneMain Holdings minus its cost of goods sold. It is profit before OneMain Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from OneMain Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OneMain Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMain Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more detail on how to invest in OneMain Stock please use our How to Invest in OneMain Holdings guide.At this time, OneMain Holdings' Tax Provision is most likely to increase significantly in the upcoming years. The OneMain Holdings' current Issuance Of Capital Stock is estimated to increase to about 2.4 M, while Selling General Administrative is projected to decrease to roughly 634.1 M.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	704M	779M	2.6B	2.7B
Operating Income	1.7B	1.8B	1.6B	1.3B

Cost Of Revenue Operating Income

OneMain Holdings fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Cash	Other Assets	Long Term Debt	Good Will	Short Term Investments	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Inventory	Common Stock Shares Outstanding	Short Long Term Debt Total	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total
Total Assets		0.78	0.81	0.73	0.28	0.55	0.91	0.88	-0.27	-0.79	0.97	0.58	-0.16	0.79	-0.61	0.41	0.7	0.71	0.57	0.84	0.69	0.16	-0.07	0.32	0.56	0.8
Total Stockholder Equity	0.78		0.78	0.87	0.25	0.16	0.69	0.9	-0.01	-0.68	0.62	0.7	-0.24	0.82	-0.33	0.67	0.87	0.59	0.19	0.85	0.56	0.46	0.21	0.28	0.17	0.63
Other Liab	0.81	0.78		0.64	0.13	0.36	0.59	0.83	-0.29	-0.83	0.72	0.61	-0.28	0.78	-0.57	0.52	0.67	0.88	0.48	0.72	0.86	0.12	-0.09	0.41	0.48	0.89
Retained Earnings	0.73	0.87	0.64		0.21	0.43	0.71	0.74	0.02	-0.69	0.62	0.35	-0.03	0.64	-0.52	0.57	0.64	0.41	0.38	0.69	0.39	0.2	-0.03	0.21	0.36	0.49
Cash	0.28	0.25	0.13	0.21		0.38	0.38	0.19	-0.04	-0.24	0.21	0.01	-0.11	0.14	0.19	0.49	0.29	-0.03	-0.19	0.2	-0.19	-0.04	-0.17	0.81	-0.2	-0.03
Other Assets	0.55	0.16	0.36	0.43	0.38		0.51	0.2	-0.42	-0.62	0.59	-0.22	-0.02	0.1	-0.58	0.17	0.17	0.22	0.64	0.17	0.16	-0.56	-0.7	0.46	0.64	0.29
Long Term Debt	0.91	0.69	0.59	0.71	0.38	0.51		0.81	-0.11	-0.61	0.89	0.43	-0.07	0.69	-0.52	0.32	0.58	0.44	0.48	0.78	0.42	0.21	-0.03	0.23	0.45	0.57
Good Will	0.88	0.9	0.83	0.74	0.19	0.2	0.81		-0.1	-0.68	0.8	0.81	-0.3	0.94	-0.44	0.4	0.83	0.68	0.36	0.94	0.68	0.51	0.27	0.2	0.34	0.76
Short Term Investments	-0.27	-0.01	-0.29	0.02	-0.04	-0.42	-0.11	-0.1		0.11	-0.3	-0.03	0.42	0.03	0.17	-0.18	-0.06	-0.3	-0.14	0.07	-0.28	0.34	0.34	-0.21	-0.15	-0.29
Other Current Assets	-0.79	-0.68	-0.83	-0.69	-0.24	-0.62	-0.61	-0.68	0.11		-0.71	-0.35	-0.02	-0.65	0.66	-0.38	-0.6	-0.75	-0.7	-0.66	-0.7	0.15	0.38	-0.48	-0.7	-0.78
Total Liab	0.97	0.62	0.72	0.62	0.21	0.59	0.89	0.8	-0.3	-0.71		0.51	-0.09	0.73	-0.66	0.24	0.56	0.67	0.66	0.77	0.67	0.11	-0.07	0.24	0.64	0.78
Intangible Assets	0.58	0.7	0.61	0.35	0.01	-0.22	0.43	0.81	-0.03	-0.35	0.51		-0.46	0.85	-0.07	0.26	0.77	0.61	0.02	0.83	0.61	0.74	0.6	0.06	0.01	0.62
Common Stock	-0.16	-0.24	-0.28	-0.03	-0.11	-0.02	-0.07	-0.3	0.42	-0.02	-0.09	-0.46		-0.25	-0.21	-0.27	-0.4	-0.16	0.31	-0.21	-0.13	-0.29	-0.15	-0.1	0.3	-0.15
Property Plant Equipment	0.79	0.82	0.78	0.64	0.14	0.1	0.69	0.94	0.03	-0.65	0.73	0.85	-0.25		-0.29	0.3	0.73	0.72	0.29	0.97	0.71	0.49	0.29	0.22	0.28	0.77
Other Current Liab	-0.61	-0.33	-0.57	-0.52	0.19	-0.58	-0.52	-0.44	0.17	0.66	-0.66	-0.07	-0.21	-0.29		-0.05	-0.29	-0.44	-0.91	-0.33	-0.5	0.15	0.24	0.06	-0.91	-0.54
Inventory	0.41	0.67	0.52	0.57	0.49	0.17	0.32	0.4	-0.18	-0.38	0.24	0.26	-0.27	0.3	-0.05		0.53	0.32	-0.21	0.32	0.21	0.11	-0.05	0.52	-0.21	0.29
Common Stock Shares Outstanding	0.7	0.87	0.67	0.64	0.29	0.17	0.58	0.83	-0.06	-0.6	0.56	0.77	-0.4	0.73	-0.29	0.53		0.45	0.19	0.8	0.42	0.56	0.33	0.26	0.17	0.49
Short Long Term Debt Total	0.71	0.59	0.88	0.41	-0.03	0.22	0.44	0.68	-0.3	-0.75	0.67	0.61	-0.16	0.72	-0.44	0.32	0.45		0.46	0.63	0.98	0.0	-0.13	0.34	0.47	0.98
Total Current Liabilities	0.57	0.19	0.48	0.38	-0.19	0.64	0.48	0.36	-0.14	-0.7	0.66	0.02	0.31	0.29	-0.91	-0.21	0.19	0.46		0.33	0.52	-0.3	-0.38	-0.02	1.0	0.56
Property Plant And Equipment Net	0.84	0.85	0.72	0.69	0.2	0.17	0.78	0.94	0.07	-0.66	0.77	0.83	-0.21	0.97	-0.33	0.32	0.8	0.63	0.33		0.62	0.52	0.3	0.19	0.3	0.7
Net Debt	0.69	0.56	0.86	0.39	-0.19	0.16	0.42	0.68	-0.28	-0.7	0.67	0.61	-0.13	0.71	-0.5	0.21	0.42	0.98	0.52	0.62		0.04	-0.07	0.18	0.52	0.98
Non Current Assets Total	0.16	0.46	0.12	0.2	-0.04	-0.56	0.21	0.51	0.34	0.15	0.11	0.74	-0.29	0.49	0.15	0.11	0.56	0.0	-0.3	0.52	0.04		0.94	-0.29	-0.32	0.04
Non Currrent Assets Other	-0.07	0.21	-0.09	-0.03	-0.17	-0.7	-0.03	0.27	0.34	0.38	-0.07	0.6	-0.15	0.29	0.24	-0.05	0.33	-0.13	-0.38	0.3	-0.07	0.94		-0.4	-0.4	-0.11
Cash And Short Term Investments	0.32	0.28	0.41	0.21	0.81	0.46	0.23	0.2	-0.21	-0.48	0.24	0.06	-0.1	0.22	0.06	0.52	0.26	0.34	-0.02	0.19	0.18	-0.29	-0.4		-0.01	0.27
Net Receivables	0.56	0.17	0.48	0.36	-0.2	0.64	0.45	0.34	-0.15	-0.7	0.64	0.01	0.3	0.28	-0.91	-0.21	0.17	0.47	1.0	0.3	0.52	-0.32	-0.4	-0.01		0.56
Non Current Liabilities Total	0.8	0.63	0.89	0.49	-0.03	0.29	0.57	0.76	-0.29	-0.78	0.78	0.62	-0.15	0.77	-0.54	0.29	0.49	0.98	0.56	0.7	0.98	0.04	-0.11	0.27	0.56

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OneMain Holdings Account Relationship Matchups

OneMain Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	22.8B	22.5B	22.1B	22.5B	24.3B	22.0B
Total Stockholder Equity	4.3B	3.4B	3.1B	3.0B	3.2B	2.6B
Other Liab	1.1B	1.2B	1.2B	1.1B	1.2B	920.3M
Retained Earnings	2.6B	1.7B	1.7B	2.1B	2.3B	1.6B
Cash	1.2B	2.3B	541M	498M	1.0B	873.7M
Other Assets	17.1B	16.1B	17.4B	18.0B	19.6B	20.6B
Long Term Debt	17.2B	17.8B	17.8B	18.3B	19.8B	15.0B
Short Term Investments	585M	152M	475M	513M	534M	453.9M
Other Current Assets	(18.4B)	(17.8B)	(17.4B)	(17.9B)	(19.7B)	(18.7B)
Total Liab	17.2B	17.8B	17.8B	19.5B	21.1B	19.3B
Intangible Assets	343M	306M	274M	261M	260M	276.3M
Property Plant Equipment	163M	153M	140M	152M	174.8M	122.8M
Other Current Liab	(1.1B)	(694M)	(17.8B)	(18.3B)	(19.8B)	(18.8B)
Common Stock Shares Outstanding	136.3M	134.9M	133.1M	124.4M	120.6M	134.8M
Short Long Term Debt Total	18.3B	18.5B	17.8B	18.3B	19.8B	16.8B
Total Current Liabilities	1.1B	694M	36.7B	37.8B	40.9B	43.0B
Property Plant And Equipment Net	163M	153M	140M	152M	165M	137.3M
Net Debt	16.0B	15.5B	17.2B	17.8B	18.8B	15.6B
Non Current Assets Total	3.6B	3.7B	3.7B	3.5B	3.1B	3.0B
Non Currrent Assets Other	(3.6B)	(3.7B)	(3.7B)	(3.5B)	76M	72.2M
Cash And Short Term Investments	1.8B	2.4B	1.0B	498M	1.5B	1.2B
Net Receivables	289M	299M	16.4B	16.9B	18.1B	19.0B
Liabilities And Stockholders Equity	22.8B	22.5B	22.1B	22.5B	24.3B	21.2B
Non Current Liabilities Total	17.2B	17.8B	17.8B	19.5B	19.8B	16.6B
Other Stockholder Equity	1.7B	1.6B	(423M)	(1.1B)	987M	543.1M
Total Current Assets	2.1B	2.7B	1.0B	1.0B	1.5B	1.5B
Accumulated Other Comprehensive Income	44M	94M	61M	(119M)	(87M)	(82.7M)
Short Term Debt	1.1B	694M	17.8B	18.3B	19.8B	20.8B
Retained Earnings Total Equity	2.6B	1.7B	1.7B	2.1B	2.4B	1.8B
Deferred Long Term Liab	25M	29M	33M	31M	35.7M	18.4M
Net Tangible Assets	2.6B	1.7B	1.4B	1.3B	1.5B	1.8B
Long Term Debt Total	17.2B	17.8B	17.8B	18.3B	21.0B	17.2B
Capital Surpluse	1.7B	1.7B	1.7B	1.7B	1.9B	1.7B

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When determining whether OneMain Holdings is a strong investment it is important to analyze OneMain Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OneMain Holdings' future performance. For an informed investment choice regarding OneMain Stock, refer to the following important reports:

How To Invest In OneMain

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Is OneMain Stock a good investment?

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What is OneMain Holdings' Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneMain Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more detail on how to invest in OneMain Stock please use our How to Invest in OneMain Holdings guide.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OneMain Holdings. If investors know OneMain will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OneMain Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.19)

Dividend Share

4.08

Earnings Share

4.56

Revenue Per Share

20.797

Quarterly Revenue Growth

(0.03)

The market value of OneMain Holdings is measured differently than its book value, which is the value of OneMain that is recorded on the company's balance sheet. Investors also form their own opinion of OneMain Holdings' value that differs from its market value or its book value, called intrinsic value, which is OneMain Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OneMain Holdings' market value can be influenced by many factors that don't directly affect OneMain Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between OneMain Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if OneMain Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneMain Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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OneMain Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

OneMain Holdings fundamental ratios Correlations

OneMain Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

OneMain Holdings fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 1.0	Total Current Liabilities
Net Debt	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Net Debt
Total Liab	+ 0.97	Total Assets
Property Plant And Equipment Net	+ 0.97	Property Plant Equipment

Net Receivables	- 0.91	Other Current Liab
Total Current Liabilities	- 0.91	Other Current Liab
Other Current Assets	- 0.83	Other Liab
Other Current Assets	- 0.79	Total Assets
Non Current Liabilities Total	- 0.78	Other Current Assets
Short Long Term Debt Total	- 0.75	Other Current Assets