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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $294.30M | - | $280.30M | $246.60M | $249.80M | - | $265.70M | $246.40M | $239.10M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $132.20M | - | $125.80M | $109.50M | $119.90M | - | $112.40M | $104.00M | $104.40M | - |
| D&A | $1.10M | - | - | - | $1.20M | - | - | - | $1.40M | - |
| Operating Income | - | - | - | - | $9.10M | - | $27.60M | $13.50M | $31.80M | - |
| Interest Expense | $82.70M | - | $82.90M | $73.10M | $67.00M | - | $74.20M | $73.10M | $67.40M | - |
| Income Tax | $300.0K | - | $4.40M | $1.30M | ($13.00M) | - | $6.30M | $3.00M | $1.70M | - |
| Net Income | $7.60M | - | $18.70M | $21.50M | $22.10M | - | $21.40M | $10.50M | $30.10M | - |
| EPS - Basic | $0.78 | - | $2.19 | $2.55 | $2.68 | - | $2.72 | $1.34 | $3.91 | - |
| EPS - Diluted | $0.74 | - | $2.03 | $2.40 | $2.50 | - | $2.65 | $1.33 | $3.74 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $182.50M | $180.50M | $172.80M | $194.30M | $178.00M | $184.80M | $201.60M | $203.10M | $185.10M | $201.60M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $17.74B | $16.17B | $16.11B | $16.53B | $16.26B | $16.44B | $13.23B | $13.08B | $13.09B | $12.51B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $17.06B | $15.49B | $15.56B | $16.00B | $15.75B | $15.94B | $12.76B | $12.64B | $12.66B | $12.11B |
| Stockholders' Equity | $629.20M | $627.90M | $501.40M | $481.90M | $460.20M | $442.90M | $468.20M | $446.20M | $432.10M | $401.80M |
| Retained Earnings | $78.50M | $71.90M | ($55.30M) | ($74.00M) | ($95.50M) | ($117.60M) | ($89.60M) | ($111.00M) | ($121.50M) | ($151.60M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.59B) | - | - | - | ($148.10M) | - | - | - | ($297.10M) | - |
| Investing Cash Flow | $390.00M | - | - | - | $419.80M | - | - | - | ($3.60M) | - |
| Financing Cash Flow | $1.24B | - | - | - | ($300.40M) | - | - | - | $296.80M | - |
| CapEx | $100.0K | - | - | - | $300.0K | - | - | - | $100.0K | - |
| Free Cash Flow | ($1.59B) | - | - | - | ($148.40M) | - | - | - | ($297.20M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | 3.6% | - | 10.4% | 5.5% | 13.3% | - |
| EBITDA margin | - | - | - | - | 4.1% | - | - | - | 13.9% | - |
| Net margin | 2.6% | - | 6.7% | 8.7% | 8.8% | - | 8.1% | 4.3% | 12.6% | - |
| Free cash flow margin | -540.3% | - | - | - | -59.4% | - | - | - | -124.3% | - |
| FCF / Net income | -209.21 | - | - | - | -6.71 | - | - | - | -9.87 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 3.8% | - | 19.0% | 5.7% | -142.9% | - | 22.7% | 22.2% | 5.3% | - |
| Return on assets | 0.0% | - | 0.1% | 0.1% | 0.1% | - | 0.2% | 0.1% | 0.2% | - |
| Return on equity | 1.2% | - | 3.7% | 4.5% | 4.8% | - | 4.6% | 2.4% | 7.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | 0.1x | - | 0.4x | 0.2x | 0.5x | - |
| Equity multiplier | 28.19 | 25.75 | 32.12 | 34.30 | 35.33 | 37.11 | 28.25 | 29.32 | 30.29 | 31.14 |
| Liabilities / Assets | 0.96 | 0.96 | 0.97 | 0.97 | 0.97 | 0.97 | 0.96 | 0.97 | 0.97 | 0.97 |
| Efficiency | ||||||||||
| Asset turnover | 0.02 | - | 0.02 | 0.01 | 0.02 | - | 0.02 | 0.02 | 0.02 | - |
| 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) | 17.8% | - | 5.5% | 0.1% | 4.5% | - | 4.0% | -9.4% | -8.7% | - |
| Revenue CAGR (3y) | 4.0% | - | 3.9% | 3.5% | 2.6% | - | -2.1% | -2.5% | 4.8% | - |
| Revenue CAGR (5y) | 7.2% | - | 2.4% | 1.7% | -0.3% | - | -1.3% | -2.1% | -4.7% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | -71.4% | - | 190.5% | -17.2% | - | - |
| Net income growth (YoY) | -65.6% | - | -12.6% | 104.8% | -26.6% | - | 151.8% | -32.3% | - | - |
| EPS growth (YoY) | -70.4% | - | -23.4% | 80.5% | -33.2% | - | 152.4% | -31.8% | - | - |
| EPS CAGR (3y) | - | - | -21.3% | 29.3% | -25.4% | - | 5.0% | - | 57.4% | - |
| EPS CAGR (5y) | -5.1% | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -971.4% | - | - | - | 50.1% | - | - | - | -42.5% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 36.7% | 41.8% | 7.1% | 8.0% | 6.5% | 10.2% | 5.2% | 2.9% | 3.8% | -12.0% |
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%
Peer comparison
Same SIC group: Mortgage Bankers & Loan Correspondents
Comparing OCWEN FINANCIAL CORP against the 5 most active filers in the same SIC group.