OCN · Ocwen Financial Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.07B | $976.00M | $1.07B | $953.90M | $1.05B | $960.91M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $491.70M | $436.50M | $412.10M | $532.40M | $609.33M | $575.70M |
| D&A | $4.40M | $5.40M | $7.00M | $10.50M | $10.27M | $19.12M |
| Operating Income | $62.70M | $39.30M | ($58.10M) | $24.90M | ($4.37M) | ($105.68M) |
| Interest Expense | $308.60M | $288.90M | $273.60M | $186.00M | $143.97M | $109.37M |
| Income Tax | ($126.80M) | $5.30M | $5.60M | ($800.0K) | ($22.45M) | ($65.51M) |
| Net Income | $189.50M | $33.90M | ($63.70M) | $25.70M | $18.08M | ($40.18M) |
| EPS - Basic | $23.07 | $4.28 | ($8.34) | $2.97 | ($4.59) | - |
| EPS - Diluted | $21.46 | $4.13 | ($8.34) | $2.85 | ($4.59) | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $180.50M | $184.80M | $201.60M | $208.00M | $192.79M | $284.80M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $16.17B | $16.44B | $12.51B | $12.40B | $12.15B | $10.65B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $15.49B | $15.94B | $12.11B | $11.94B | $11.67B | $10.24B |
| Stockholders' Equity | $627.90M | $401.80M | $401.80M | $456.70M | $476.69M | $415.37M |
| Retained Earnings | $71.90M | ($117.60M) | ($151.60M) | ($87.90M) | ($113.60M) | ($131.68M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($748.00M) | ($573.80M) | $10.40M | $173.20M | ($472.15M) | $260.97M |
| Investing Cash Flow | $1.85B | $401.30M | ($100.30M) | ($149.10M) | ($1.00B) | ($527.88M) |
| Financing Cash Flow | ($1.10B) | $182.90M | $70.80M | ($13.40M) | $1.38B | $131.83M |
| CapEx | $2.90M | $800.0K | $2.20M | $5.50M | $3.27M | $4.11M |
| Free Cash Flow | ($750.90M) | ($574.60M) | $8.20M | $167.70M | ($475.43M) | $256.86M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 5.9% | 4.0% | -5.4% | 2.6% | -0.4% | -11.0% |
| EBITDA margin | 6.3% | 4.6% | -4.8% | 3.7% | 0.6% | -9.0% |
| Net margin | 17.8% | 3.5% | -6.0% | 2.7% | 1.7% | -4.2% |
| Free cash flow margin | -70.4% | -58.9% | 0.8% | 17.6% | -45.3% | 26.7% |
| FCF / Net income | -3.96 | -16.95 | -0.13 | 6.53 | -26.30 | -6.39 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | -202.2% | 13.5% | - | -3.2% | - | - |
| Return on assets | 1.2% | 0.2% | -0.5% | 0.2% | 0.1% | -0.4% |
| Return on equity | 30.2% | 8.4% | -15.9% | 5.6% | 3.8% | -9.7% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | 0.2x | 0.1x | -0.2x | 0.1x | -0.0x | -1.0x |
| Equity multiplier | 25.75 | 40.90 | 31.14 | 27.15 | 25.48 | 25.64 |
| Liabilities / Assets | 0.96 | 0.97 | 0.97 | 0.96 | 0.96 | 0.96 |
| Efficiency | ||||||
| Asset turnover | 0.07 | 0.06 | 0.09 | 0.08 | 0.09 | 0.09 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 9.3% | -8.5% | 11.8% | -9.2% | 9.3% | -14.5% |
| Revenue CAGR (3y) | 3.8% | -2.4% | 3.5% | -5.3% | -0.4% | -7.0% |
| Revenue CAGR (5y) | 2.1% | -2.8% | 0.1% | -4.4% | -5.4% | -11.2% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 59.5% | - | - | - | 95.9% | 16.4% |
| Net income growth (YoY) | 459.0% | - | - | 42.2% | - | 71.7% |
| EPS growth (YoY) | 419.6% | - | - | - | - | - |
| EPS CAGR (3y) | 96.0% | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -30.7% | - | -95.1% | - | - | 71.3% |
| FCF CAGR (5y) | - | - | -50.0% | -16.1% | - | -13.9% |
| Book value growth (YoY) | 56.3% | 0.0% | -12.0% | -4.2% | 14.8% | 0.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.07B totalServicing$909.60M · 85.3%
Lending$157.10M · 14.7%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✓Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Mortgage Bankers & Loan Correspondents
Comparing OCWEN FINANCIAL CORP against the 5 most active filers in the same SIC group.