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Side-by-side financial comparison of OIL STATES INTERNATIONAL, INC (OIS) 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 $178.5M, roughly 1.6× OIL STATES INTERNATIONAL, INC). ONITY GROUP INC. runs the higher net margin — 43.9% vs -65.7%, a 109.6% gap on every dollar of revenue. On growth, ONITY GROUP INC. posted the faster year-over-year revenue change (29.0% vs 8.4%). OIL STATES INTERNATIONAL, INC produced more free cash flow last quarter ($47.1M vs $-750.9M). Over the past eight quarters, ONITY GROUP INC.'s revenue compounded faster (10.1% CAGR vs 3.3%).

Oil States International, Inc. is an American multinational corporation. It focuses on providing services to oil and gas companies. It is a public company listed on the New York Stock Exchange.

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...

OIS vs ONIT — Head-to-Head

Bigger by revenue
ONIT
ONIT
1.6× larger
ONIT
$290.0M
$178.5M
OIS
Growing faster (revenue YoY)
ONIT
ONIT
+20.6% gap
ONIT
29.0%
8.4%
OIS
Higher net margin
ONIT
ONIT
109.6% more per $
ONIT
43.9%
-65.7%
OIS
More free cash flow
OIS
OIS
$798.0M more FCF
OIS
$47.1M
$-750.9M
ONIT
Faster 2-yr revenue CAGR
ONIT
ONIT
Annualised
ONIT
10.1%
3.3%
OIS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OIS
OIS
ONIT
ONIT
Revenue
$178.5M
$290.0M
Net Profit
$-117.2M
$127.2M
Gross Margin
10.9%
Operating Margin
-63.7%
Net Margin
-65.7%
43.9%
Revenue YoY
8.4%
29.0%
Net Profit YoY
-873.2%
552.7%
EPS (diluted)
$-1.99
$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
OIS
OIS
ONIT
ONIT
Q4 25
$178.5M
$290.0M
Q3 25
$165.2M
$280.3M
Q2 25
$165.4M
$246.6M
Q1 25
$159.9M
$249.8M
Q4 24
$164.6M
$224.8M
Q3 24
$174.3M
$265.7M
Q2 24
$186.4M
$246.4M
Q1 24
$167.3M
$239.1M
Net Profit
OIS
OIS
ONIT
ONIT
Q4 25
$-117.2M
$127.2M
Q3 25
$1.9M
$18.7M
Q2 25
$2.8M
$21.5M
Q1 25
$3.2M
$22.1M
Q4 24
$15.2M
$-28.1M
Q3 24
$-14.3M
$21.4M
Q2 24
$1.3M
$10.5M
Q1 24
$-13.4M
$30.1M
Gross Margin
OIS
OIS
ONIT
ONIT
Q4 25
10.9%
Q3 25
22.1%
Q2 25
24.2%
Q1 25
23.3%
Q4 24
23.7%
Q3 24
21.7%
Q2 24
23.8%
Q1 24
21.1%
Operating Margin
OIS
OIS
ONIT
ONIT
Q4 25
-63.7%
Q3 25
2.9%
Q2 25
3.2%
Q1 25
3.5%
3.6%
Q4 24
11.2%
-14.9%
Q3 24
-6.3%
10.4%
Q2 24
1.1%
5.5%
Q1 24
-6.7%
13.3%
Net Margin
OIS
OIS
ONIT
ONIT
Q4 25
-65.7%
43.9%
Q3 25
1.2%
6.7%
Q2 25
1.7%
8.7%
Q1 25
2.0%
8.8%
Q4 24
9.2%
-12.5%
Q3 24
-8.2%
8.1%
Q2 24
0.7%
4.3%
Q1 24
-8.0%
12.6%
EPS (diluted)
OIS
OIS
ONIT
ONIT
Q4 25
$-1.99
$14.53
Q3 25
$0.03
$2.03
Q2 25
$0.05
$2.40
Q1 25
$0.05
$2.50
Q4 24
$0.24
$-3.59
Q3 24
$-0.23
$2.65
Q2 24
$0.02
$1.33
Q1 24
$-0.21
$3.74

Balance Sheet & Financial Strength

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

Metric
OIS
OIS
ONIT
ONIT
Cash + ST InvestmentsLiquidity on hand
$69.9M
$180.5M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$573.2M
$627.9M
Total Assets
$883.4M
$16.2B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OIS
OIS
ONIT
ONIT
Q4 25
$69.9M
$180.5M
Q3 25
$67.1M
$172.8M
Q2 25
$53.9M
$194.3M
Q1 25
$66.8M
$178.0M
Q4 24
$65.4M
$184.8M
Q3 24
$46.0M
$201.6M
Q2 24
$25.2M
$203.1M
Q1 24
$24.1M
$185.1M
Total Debt
OIS
OIS
ONIT
ONIT
Q4 25
$1.7M
Q3 25
$1.9M
Q2 25
$1.9M
Q1 25
$124.7M
Q4 24
$124.7M
Q3 24
$124.6M
Q2 24
$124.3M
Q1 24
$135.6M
Stockholders' Equity
OIS
OIS
ONIT
ONIT
Q4 25
$573.2M
$627.9M
Q3 25
$689.0M
$501.4M
Q2 25
$690.6M
$481.9M
Q1 25
$683.4M
$460.2M
Q4 24
$680.7M
$442.9M
Q3 24
$684.8M
$468.2M
Q2 24
$690.4M
$446.2M
Q1 24
$692.3M
$432.1M
Total Assets
OIS
OIS
ONIT
ONIT
Q4 25
$883.4M
$16.2B
Q3 25
$1.0B
$16.1B
Q2 25
$993.7M
$16.5B
Q1 25
$990.7M
$16.3B
Q4 24
$1.0B
$16.4B
Q3 24
$994.1M
$13.2B
Q2 24
$1.0B
$13.1B
Q1 24
$1.0B
$13.1B
Debt / Equity
OIS
OIS
ONIT
ONIT
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.18×
Q4 24
0.18×
Q3 24
0.18×
Q2 24
0.18×
Q1 24
0.20×

Cash Flow & Capital Efficiency

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

Metric
OIS
OIS
ONIT
ONIT
Operating Cash FlowLast quarter
$50.1M
$-748.0M
Free Cash FlowOCF − Capex
$47.1M
$-750.9M
FCF MarginFCF / Revenue
26.4%
-258.9%
Capex IntensityCapex / Revenue
1.7%
1.0%
Cash ConversionOCF / Net Profit
-5.88×
TTM Free Cash FlowTrailing 4 quarters
$73.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OIS
OIS
ONIT
ONIT
Q4 25
$50.1M
$-748.0M
Q3 25
$30.7M
$229.5M
Q2 25
$15.0M
$-598.8M
Q1 25
$9.3M
$-148.1M
Q4 24
$18.2M
$-573.8M
Q3 24
$28.8M
$19.2M
Q2 24
$10.2M
$-77.9M
Q1 24
$-11.4M
$-297.1M
Free Cash Flow
OIS
OIS
ONIT
ONIT
Q4 25
$47.1M
$-750.9M
Q3 25
$22.0M
$228.8M
Q2 25
$4.7M
Q1 25
$137.0K
$-148.4M
Q4 24
$4.0M
$-574.6M
Q3 24
$21.4M
$19.1M
Q2 24
$4.5M
$-78.0M
Q1 24
$-21.5M
$-297.2M
FCF Margin
OIS
OIS
ONIT
ONIT
Q4 25
26.4%
-258.9%
Q3 25
13.3%
81.6%
Q2 25
2.8%
Q1 25
0.1%
-59.4%
Q4 24
2.4%
-255.6%
Q3 24
12.3%
7.2%
Q2 24
2.4%
-31.7%
Q1 24
-12.8%
-124.3%
Capex Intensity
OIS
OIS
ONIT
ONIT
Q4 25
1.7%
1.0%
Q3 25
5.3%
0.2%
Q2 25
6.2%
0.0%
Q1 25
5.7%
0.1%
Q4 24
8.6%
0.4%
Q3 24
4.3%
0.0%
Q2 24
3.1%
0.0%
Q1 24
6.0%
0.0%
Cash Conversion
OIS
OIS
ONIT
ONIT
Q4 25
-5.88×
Q3 25
16.15×
12.27×
Q2 25
5.33×
-27.85×
Q1 25
2.94×
-6.70×
Q4 24
1.20×
Q3 24
0.90×
Q2 24
7.87×
-7.42×
Q1 24
-9.87×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OIS
OIS

Project Driven$112.6M63%
Downhole Technologies$32.1M18%
Completion And Production Services$23.1M13%
Military And Other Products$10.7M6%

ONIT
ONIT

Segment breakdown not available.

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