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Side-by-side financial comparison of MATTHEWS INTERNATIONAL CORP (MATW) and ONITY GROUP INC. (ONIT). Click either name above to swap in a different company.

ONITY GROUP INC. is the larger business by last-quarter revenue ($290.0M vs $284.8M, roughly 1.0× MATTHEWS INTERNATIONAL CORP). ONITY GROUP INC. runs the higher net margin — 43.9% vs 15.3%, a 28.5% gap on every dollar of revenue. On growth, ONITY GROUP INC. posted the faster year-over-year revenue change (29.0% vs -29.1%). MATTHEWS INTERNATIONAL CORP produced more free cash flow last quarter ($-57.2M vs $-750.9M).

Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.

Onity Group, formerly Ocwen, is a provider of residential and commercial mortgage loan servicing, special servicing, and asset management services, which has been described as "debt collectors, collecting monthly principal and interest from homeowners". Ocwen was founded in 1988 and is headquartered in West Palm Beach, Florida, with additional offices in Mount Laurel, NJ, Rancho Cordova, California, and St. Croix, U.S. Virgin Islands. It also has support operations in the Philippines and Indi...

MATW vs ONIT — Head-to-Head

Bigger by revenue
ONIT
ONIT
1.0× larger
ONIT
$290.0M
$284.8M
MATW
Growing faster (revenue YoY)
ONIT
ONIT
+58.1% gap
ONIT
29.0%
-29.1%
MATW
Higher net margin
ONIT
ONIT
28.5% more per $
ONIT
43.9%
15.3%
MATW
More free cash flow
MATW
MATW
$693.7M more FCF
MATW
$-57.2M
$-750.9M
ONIT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MATW
MATW
ONIT
ONIT
Revenue
$284.8M
$290.0M
Net Profit
$43.6M
$127.2M
Gross Margin
35.0%
Operating Margin
34.2%
Net Margin
15.3%
43.9%
Revenue YoY
-29.1%
29.0%
Net Profit YoY
1356.6%
552.7%
EPS (diluted)
$1.39
$14.53

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MATW
MATW
ONIT
ONIT
Q4 25
$284.8M
$290.0M
Q3 25
$280.3M
Q2 25
$246.6M
Q1 25
$249.8M
Q4 24
$224.8M
Q3 24
$265.7M
Q2 24
$246.4M
Q1 24
$239.1M
Net Profit
MATW
MATW
ONIT
ONIT
Q4 25
$43.6M
$127.2M
Q3 25
$18.7M
Q2 25
$21.5M
Q1 25
$22.1M
Q4 24
$-28.1M
Q3 24
$21.4M
Q2 24
$10.5M
Q1 24
$30.1M
Gross Margin
MATW
MATW
ONIT
ONIT
Q4 25
35.0%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
MATW
MATW
ONIT
ONIT
Q4 25
34.2%
Q3 25
Q2 25
Q1 25
3.6%
Q4 24
-14.9%
Q3 24
10.4%
Q2 24
5.5%
Q1 24
13.3%
Net Margin
MATW
MATW
ONIT
ONIT
Q4 25
15.3%
43.9%
Q3 25
6.7%
Q2 25
8.7%
Q1 25
8.8%
Q4 24
-12.5%
Q3 24
8.1%
Q2 24
4.3%
Q1 24
12.6%
EPS (diluted)
MATW
MATW
ONIT
ONIT
Q4 25
$1.39
$14.53
Q3 25
$2.03
Q2 25
$2.40
Q1 25
$2.50
Q4 24
$-3.59
Q3 24
$2.65
Q2 24
$1.33
Q1 24
$3.74

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MATW
MATW
ONIT
ONIT
Cash + ST InvestmentsLiquidity on hand
$31.4M
$180.5M
Total DebtLower is stronger
$529.8M
Stockholders' EquityBook value
$543.2M
$627.9M
Total Assets
$1.6B
$16.2B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MATW
MATW
ONIT
ONIT
Q4 25
$31.4M
$180.5M
Q3 25
$172.8M
Q2 25
$194.3M
Q1 25
$178.0M
Q4 24
$184.8M
Q3 24
$201.6M
Q2 24
$203.1M
Q1 24
$185.1M
Total Debt
MATW
MATW
ONIT
ONIT
Q4 25
$529.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MATW
MATW
ONIT
ONIT
Q4 25
$543.2M
$627.9M
Q3 25
$501.4M
Q2 25
$481.9M
Q1 25
$460.2M
Q4 24
$442.9M
Q3 24
$468.2M
Q2 24
$446.2M
Q1 24
$432.1M
Total Assets
MATW
MATW
ONIT
ONIT
Q4 25
$1.6B
$16.2B
Q3 25
$16.1B
Q2 25
$16.5B
Q1 25
$16.3B
Q4 24
$16.4B
Q3 24
$13.2B
Q2 24
$13.1B
Q1 24
$13.1B
Debt / Equity
MATW
MATW
ONIT
ONIT
Q4 25
0.98×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MATW
MATW
ONIT
ONIT
Operating Cash FlowLast quarter
$-52.0M
$-748.0M
Free Cash FlowOCF − Capex
$-57.2M
$-750.9M
FCF MarginFCF / Revenue
-20.1%
-258.9%
Capex IntensityCapex / Revenue
1.8%
1.0%
Cash ConversionOCF / Net Profit
-1.19×
-5.88×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MATW
MATW
ONIT
ONIT
Q4 25
$-52.0M
$-748.0M
Q3 25
$229.5M
Q2 25
$-598.8M
Q1 25
$-148.1M
Q4 24
$-573.8M
Q3 24
$19.2M
Q2 24
$-77.9M
Q1 24
$-297.1M
Free Cash Flow
MATW
MATW
ONIT
ONIT
Q4 25
$-57.2M
$-750.9M
Q3 25
$228.8M
Q2 25
Q1 25
$-148.4M
Q4 24
$-574.6M
Q3 24
$19.1M
Q2 24
$-78.0M
Q1 24
$-297.2M
FCF Margin
MATW
MATW
ONIT
ONIT
Q4 25
-20.1%
-258.9%
Q3 25
81.6%
Q2 25
Q1 25
-59.4%
Q4 24
-255.6%
Q3 24
7.2%
Q2 24
-31.7%
Q1 24
-124.3%
Capex Intensity
MATW
MATW
ONIT
ONIT
Q4 25
1.8%
1.0%
Q3 25
0.2%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.4%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
MATW
MATW
ONIT
ONIT
Q4 25
-1.19×
-5.88×
Q3 25
12.27×
Q2 25
-27.85×
Q1 25
-6.70×
Q4 24
Q3 24
0.90×
Q2 24
-7.42×
Q1 24
-9.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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