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Side-by-side financial comparison of ONITY GROUP INC. (ONIT) and Real Brokerage Inc (REAX). Click either name above to swap in a different company.
Real Brokerage Inc is the larger business by last-quarter revenue ($568.5M vs $290.0M, roughly 2.0× ONITY GROUP INC.). ONITY GROUP INC. runs the higher net margin — 43.9% vs -0.1%, a 43.9% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs 29.0%). Real Brokerage Inc produced more free cash flow last quarter ($8.4M vs $-750.9M).
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...
Anywhere Real Estate Inc., formerly Realogy, was an American real estate services firm. It operated and franchised real estate brands that provided brokerage, relocation, title, insurance, and settlement services. Brands included Better Homes and Gardens Real Estate, Century 21 Real Estate, Coldwell Banker, Corcoran Group, ERA Real Estate and Sotheby's International Realty. In 2026, the company was acquired by Compass, Inc.
ONIT vs REAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $290.0M | $568.5M |
| Net Profit | $127.2M | $-447.0K |
| Gross Margin | — | 7.9% |
| Operating Margin | — | -0.1% |
| Net Margin | 43.9% | -0.1% |
| Revenue YoY | 29.0% | 52.6% |
| Net Profit YoY | 552.7% | 82.7% |
| EPS (diluted) | $14.53 | $0.00 |
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.
| Q4 25 | $290.0M | — | ||
| Q3 25 | $280.3M | $568.5M | ||
| Q2 25 | $246.6M | $540.7M | ||
| Q1 25 | $249.8M | $354.0M | ||
| Q4 24 | $224.8M | — | ||
| Q3 24 | $265.7M | $372.5M | ||
| Q2 24 | $246.4M | — | ||
| Q1 24 | $239.1M | $200.7M |
| Q4 25 | $127.2M | — | ||
| Q3 25 | $18.7M | $-447.0K | ||
| Q2 25 | $21.5M | $1.5M | ||
| Q1 25 | $22.1M | $-5.0M | ||
| Q4 24 | $-28.1M | — | ||
| Q3 24 | $21.4M | $-2.6M | ||
| Q2 24 | $10.5M | — | ||
| Q1 24 | $30.1M | $-16.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | 7.9% | ||
| Q2 25 | — | 8.9% | ||
| Q1 25 | — | 9.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 8.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 10.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | -0.1% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | 3.6% | -1.5% | ||
| Q4 24 | -14.9% | — | ||
| Q3 24 | 10.4% | -0.7% | ||
| Q2 24 | 5.5% | — | ||
| Q1 24 | 13.3% | -7.8% |
| Q4 25 | 43.9% | — | ||
| Q3 25 | 6.7% | -0.1% | ||
| Q2 25 | 8.7% | 0.3% | ||
| Q1 25 | 8.8% | -1.4% | ||
| Q4 24 | -12.5% | — | ||
| Q3 24 | 8.1% | -0.7% | ||
| Q2 24 | 4.3% | — | ||
| Q1 24 | 12.6% | -8.0% |
| Q4 25 | $14.53 | — | ||
| Q3 25 | $2.03 | $0.00 | ||
| Q2 25 | $2.40 | $0.01 | ||
| Q1 25 | $2.50 | $-0.02 | ||
| Q4 24 | $-3.59 | — | ||
| Q3 24 | $2.65 | $-0.01 | ||
| Q2 24 | $1.33 | — | ||
| Q1 24 | $3.74 | $-0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $180.5M | $38.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $627.9M | $53.6M |
| Total Assets | $16.2B | $145.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $180.5M | — | ||
| Q3 25 | $172.8M | $38.7M | ||
| Q2 25 | $194.3M | $49.7M | ||
| Q1 25 | $178.0M | $24.7M | ||
| Q4 24 | $184.8M | — | ||
| Q3 24 | $201.6M | $22.6M | ||
| Q2 24 | $203.1M | — | ||
| Q1 24 | $185.1M | $20.1M |
| Q4 25 | $627.9M | — | ||
| Q3 25 | $501.4M | $53.6M | ||
| Q2 25 | $481.9M | $49.2M | ||
| Q1 25 | $460.2M | $32.8M | ||
| Q4 24 | $442.9M | — | ||
| Q3 24 | $468.2M | $29.8M | ||
| Q2 24 | $446.2M | — | ||
| Q1 24 | $432.1M | $25.6M |
| Q4 25 | $16.2B | — | ||
| Q3 25 | $16.1B | $145.2M | ||
| Q2 25 | $16.5B | $149.4M | ||
| Q1 25 | $16.3B | $100.5M | ||
| Q4 24 | $16.4B | — | ||
| Q3 24 | $13.2B | $102.5M | ||
| Q2 24 | $13.1B | — | ||
| Q1 24 | $13.1B | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-748.0M | $8.8M |
| Free Cash FlowOCF − Capex | $-750.9M | $8.4M |
| FCF MarginFCF / Revenue | -258.9% | 1.5% |
| Capex IntensityCapex / Revenue | 1.0% | 0.1% |
| Cash ConversionOCF / Net Profit | -5.88× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $71.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-748.0M | — | ||
| Q3 25 | $229.5M | $8.8M | ||
| Q2 25 | $-598.8M | $41.0M | ||
| Q1 25 | $-148.1M | $15.9M | ||
| Q4 24 | $-573.8M | — | ||
| Q3 24 | $19.2M | $7.2M | ||
| Q2 24 | $-77.9M | — | ||
| Q1 24 | $-297.1M | $21.5M |
| Q4 25 | $-750.9M | — | ||
| Q3 25 | $228.8M | $8.4M | ||
| Q2 25 | — | $40.8M | ||
| Q1 25 | $-148.4M | $15.7M | ||
| Q4 24 | $-574.6M | — | ||
| Q3 24 | $19.1M | $6.8M | ||
| Q2 24 | $-78.0M | — | ||
| Q1 24 | $-297.2M | $21.4M |
| Q4 25 | -258.9% | — | ||
| Q3 25 | 81.6% | 1.5% | ||
| Q2 25 | — | 7.5% | ||
| Q1 25 | -59.4% | 4.4% | ||
| Q4 24 | -255.6% | — | ||
| Q3 24 | 7.2% | 1.8% | ||
| Q2 24 | -31.7% | — | ||
| Q1 24 | -124.3% | 10.7% |
| Q4 25 | 1.0% | — | ||
| Q3 25 | 0.2% | 0.1% | ||
| Q2 25 | 0.0% | 0.0% | ||
| Q1 25 | 0.1% | 0.1% | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.0% | 0.1% | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.0% | 0.0% |
| Q4 25 | -5.88× | — | ||
| Q3 25 | 12.27× | — | ||
| Q2 25 | -27.85× | 27.13× | ||
| 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.