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Side-by-side financial comparison of METHODE ELECTRONICS INC (MEI) 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 $246.9M, roughly 1.2× METHODE ELECTRONICS INC). ONITY GROUP INC. runs the higher net margin — 43.9% vs -4.0%, a 47.9% gap on every dollar of revenue. On growth, ONITY GROUP INC. posted the faster year-over-year revenue change (29.0% vs -15.6%). METHODE ELECTRONICS INC produced more free cash flow last quarter ($-11.6M vs $-750.9M). Over the past eight quarters, ONITY GROUP INC.'s revenue compounded faster (10.1% CAGR vs -2.5%).

Methode Electronics is an American multinational company headquartered in Chicago, Illinois, with engineering, manufacturing and sales operations in more than 35 locations in 14 countries. The company employs around 6,500 people worldwide.

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...

MEI vs ONIT — Head-to-Head

Bigger by revenue
ONIT
ONIT
1.2× larger
ONIT
$290.0M
$246.9M
MEI
Growing faster (revenue YoY)
ONIT
ONIT
+44.6% gap
ONIT
29.0%
-15.6%
MEI
Higher net margin
ONIT
ONIT
47.9% more per $
ONIT
43.9%
-4.0%
MEI
More free cash flow
MEI
MEI
$739.3M more FCF
MEI
$-11.6M
$-750.9M
ONIT
Faster 2-yr revenue CAGR
ONIT
ONIT
Annualised
ONIT
10.1%
-2.5%
MEI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
MEI
MEI
ONIT
ONIT
Revenue
$246.9M
$290.0M
Net Profit
$-9.9M
$127.2M
Gross Margin
19.3%
Operating Margin
1.2%
Net Margin
-4.0%
43.9%
Revenue YoY
-15.6%
29.0%
Net Profit YoY
-518.8%
552.7%
EPS (diluted)
$-0.28
$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
MEI
MEI
ONIT
ONIT
Q4 25
$246.9M
$290.0M
Q3 25
$240.5M
$280.3M
Q2 25
$257.1M
$246.6M
Q1 25
$239.9M
$249.8M
Q4 24
$292.6M
$224.8M
Q3 24
$258.5M
$265.7M
Q2 24
$277.3M
$246.4M
Q1 24
$259.5M
$239.1M
Net Profit
MEI
MEI
ONIT
ONIT
Q4 25
$-9.9M
$127.2M
Q3 25
$-10.3M
$18.7M
Q2 25
$-28.3M
$21.5M
Q1 25
$-14.4M
$22.1M
Q4 24
$-1.6M
$-28.1M
Q3 24
$-18.3M
$21.4M
Q2 24
$-57.3M
$10.5M
Q1 24
$-11.6M
$30.1M
Gross Margin
MEI
MEI
ONIT
ONIT
Q4 25
19.3%
Q3 25
18.1%
Q2 25
7.6%
Q1 25
17.2%
Q4 24
19.8%
Q3 24
17.3%
Q2 24
12.8%
Q1 24
14.3%
Operating Margin
MEI
MEI
ONIT
ONIT
Q4 25
1.2%
Q3 25
0.5%
Q2 25
-9.2%
Q1 25
-0.9%
3.6%
Q4 24
3.2%
-14.9%
Q3 24
-2.9%
10.4%
Q2 24
-22.2%
5.5%
Q1 24
-1.2%
13.3%
Net Margin
MEI
MEI
ONIT
ONIT
Q4 25
-4.0%
43.9%
Q3 25
-4.3%
6.7%
Q2 25
-11.0%
8.7%
Q1 25
-6.0%
8.8%
Q4 24
-0.5%
-12.5%
Q3 24
-7.1%
8.1%
Q2 24
-20.7%
4.3%
Q1 24
-4.5%
12.6%
EPS (diluted)
MEI
MEI
ONIT
ONIT
Q4 25
$-0.28
$14.53
Q3 25
$-0.29
$2.03
Q2 25
$-0.79
$2.40
Q1 25
$-0.41
$2.50
Q4 24
$-0.05
$-3.59
Q3 24
$-0.52
$2.65
Q2 24
$-1.62
$1.33
Q1 24
$-0.33
$3.74

Balance Sheet & Financial Strength

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

Metric
MEI
MEI
ONIT
ONIT
Cash + ST InvestmentsLiquidity on hand
$118.5M
$180.5M
Total DebtLower is stronger
$332.5M
Stockholders' EquityBook value
$679.3M
$627.9M
Total Assets
$1.3B
$16.2B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MEI
MEI
ONIT
ONIT
Q4 25
$118.5M
$180.5M
Q3 25
$121.1M
$172.8M
Q2 25
$103.6M
$194.3M
Q1 25
$103.8M
$178.0M
Q4 24
$97.0M
$184.8M
Q3 24
$111.3M
$201.6M
Q2 24
$161.5M
$203.1M
Q1 24
$122.9M
$185.1M
Total Debt
MEI
MEI
ONIT
ONIT
Q4 25
$332.5M
Q3 25
$323.4M
Q2 25
$317.6M
Q1 25
$327.9M
Q4 24
$340.6M
Q3 24
$296.0M
Q2 24
$330.9M
Q1 24
$331.3M
Stockholders' Equity
MEI
MEI
ONIT
ONIT
Q4 25
$679.3M
$627.9M
Q3 25
$688.1M
$501.4M
Q2 25
$693.3M
$481.9M
Q1 25
$704.3M
$460.2M
Q4 24
$738.3M
$442.9M
Q3 24
$744.4M
$468.2M
Q2 24
$766.0M
$446.2M
Q1 24
$835.0M
$432.1M
Total Assets
MEI
MEI
ONIT
ONIT
Q4 25
$1.3B
$16.2B
Q3 25
$1.3B
$16.1B
Q2 25
$1.3B
$16.5B
Q1 25
$1.3B
$16.3B
Q4 24
$1.4B
$16.4B
Q3 24
$1.4B
$13.2B
Q2 24
$1.4B
$13.1B
Q1 24
$1.5B
$13.1B
Debt / Equity
MEI
MEI
ONIT
ONIT
Q4 25
0.49×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.47×
Q4 24
0.46×
Q3 24
0.40×
Q2 24
0.43×
Q1 24
0.40×

Cash Flow & Capital Efficiency

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

Metric
MEI
MEI
ONIT
ONIT
Operating Cash FlowLast quarter
$-7.4M
$-748.0M
Free Cash FlowOCF − Capex
$-11.6M
$-750.9M
FCF MarginFCF / Revenue
-4.7%
-258.9%
Capex IntensityCapex / Revenue
1.7%
1.0%
Cash ConversionOCF / Net Profit
-5.88×
TTM Free Cash FlowTrailing 4 quarters
$52.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MEI
MEI
ONIT
ONIT
Q4 25
$-7.4M
$-748.0M
Q3 25
$25.1M
$229.5M
Q2 25
$35.4M
$-598.8M
Q1 25
$28.1M
$-148.1M
Q4 24
$-48.0M
$-573.8M
Q3 24
$10.9M
$19.2M
Q2 24
$24.9M
$-77.9M
Q1 24
$28.8M
$-297.1M
Free Cash Flow
MEI
MEI
ONIT
ONIT
Q4 25
$-11.6M
$-750.9M
Q3 25
$18.0M
$228.8M
Q2 25
$26.3M
Q1 25
$19.6M
$-148.4M
Q4 24
$-58.4M
$-574.6M
Q3 24
$-2.7M
$19.1M
Q2 24
$15.8M
$-78.0M
Q1 24
$12.2M
$-297.2M
FCF Margin
MEI
MEI
ONIT
ONIT
Q4 25
-4.7%
-258.9%
Q3 25
7.5%
81.6%
Q2 25
10.2%
Q1 25
8.2%
-59.4%
Q4 24
-20.0%
-255.6%
Q3 24
-1.0%
7.2%
Q2 24
5.7%
-31.7%
Q1 24
4.7%
-124.3%
Capex Intensity
MEI
MEI
ONIT
ONIT
Q4 25
1.7%
1.0%
Q3 25
3.0%
0.2%
Q2 25
3.5%
0.0%
Q1 25
3.5%
0.1%
Q4 24
3.6%
0.4%
Q3 24
5.3%
0.0%
Q2 24
3.3%
0.0%
Q1 24
6.4%
0.0%
Cash Conversion
MEI
MEI
ONIT
ONIT
Q4 25
-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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