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

ONITY GROUP INC. is the larger business by last-quarter revenue ($290.0M vs $197.9M, roughly 1.5× REPLIGEN CORP). ONITY GROUP INC. runs the higher net margin — 43.9% vs 6.7%, a 37.1% gap on every dollar of revenue. On growth, ONITY GROUP INC. posted the faster year-over-year revenue change (29.0% vs 13.6%). REPLIGEN CORP produced more free cash flow last quarter ($17.6M vs $-750.9M). Over the past eight quarters, REPLIGEN CORP's revenue compounded faster (14.4% CAGR vs 10.1%).

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...

Repligen Corporation is a global life sciences company devoted to the development and commercialization of innovative bioprocessing technologies and systems that enable efficiencies in the process of manufacturing biological drugs.2025 The company is based in Waltham, Massachusetts,2014 and was incorporated in Delaware in 1981. A public company, Repligen is listed on the NASDAQ exchange under the symbol RGEN. As of 2025, Repligen employs over 1,900 employees globally and serves primarily biop...

ONIT vs RGEN — Head-to-Head

Bigger by revenue
ONIT
ONIT
1.5× larger
ONIT
$290.0M
$197.9M
RGEN
Growing faster (revenue YoY)
ONIT
ONIT
+15.4% gap
ONIT
29.0%
13.6%
RGEN
Higher net margin
ONIT
ONIT
37.1% more per $
ONIT
43.9%
6.7%
RGEN
More free cash flow
RGEN
RGEN
$768.5M more FCF
RGEN
$17.6M
$-750.9M
ONIT
Faster 2-yr revenue CAGR
RGEN
RGEN
Annualised
RGEN
14.4%
10.1%
ONIT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ONIT
ONIT
RGEN
RGEN
Revenue
$290.0M
$197.9M
Net Profit
$127.2M
$13.3M
Gross Margin
52.5%
Operating Margin
9.0%
Net Margin
43.9%
6.7%
Revenue YoY
29.0%
13.6%
Net Profit YoY
552.7%
143.9%
EPS (diluted)
$14.53
$0.24

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
ONIT
ONIT
RGEN
RGEN
Q4 25
$290.0M
$197.9M
Q3 25
$280.3M
$188.8M
Q2 25
$246.6M
$182.4M
Q1 25
$249.8M
$169.2M
Q4 24
$224.8M
$174.1M
Q3 24
$265.7M
$154.9M
Q2 24
$246.4M
$154.1M
Q1 24
$239.1M
$151.3M
Net Profit
ONIT
ONIT
RGEN
RGEN
Q4 25
$127.2M
$13.3M
Q3 25
$18.7M
$14.9M
Q2 25
$21.5M
$14.9M
Q1 25
$22.1M
$5.8M
Q4 24
$-28.1M
$-30.3M
Q3 24
$21.4M
$-654.0K
Q2 24
$10.5M
$3.3M
Q1 24
$30.1M
$2.1M
Gross Margin
ONIT
ONIT
RGEN
RGEN
Q4 25
52.5%
Q3 25
53.2%
Q2 25
50.0%
Q1 25
53.6%
Q4 24
26.1%
Q3 24
50.0%
Q2 24
49.8%
Q1 24
49.5%
Operating Margin
ONIT
ONIT
RGEN
RGEN
Q4 25
9.0%
Q3 25
8.9%
Q2 25
7.6%
Q1 25
3.6%
3.9%
Q4 24
-14.9%
-17.7%
Q3 24
10.4%
-5.1%
Q2 24
5.5%
1.0%
Q1 24
13.3%
1.3%
Net Margin
ONIT
ONIT
RGEN
RGEN
Q4 25
43.9%
6.7%
Q3 25
6.7%
7.9%
Q2 25
8.7%
8.2%
Q1 25
8.8%
3.4%
Q4 24
-12.5%
-17.4%
Q3 24
8.1%
-0.4%
Q2 24
4.3%
2.2%
Q1 24
12.6%
1.4%
EPS (diluted)
ONIT
ONIT
RGEN
RGEN
Q4 25
$14.53
$0.24
Q3 25
$2.03
$0.26
Q2 25
$2.40
$0.26
Q1 25
$2.50
$0.10
Q4 24
$-3.59
$-0.55
Q3 24
$2.65
$-0.01
Q2 24
$1.33
$0.06
Q1 24
$3.74
$0.04

Balance Sheet & Financial Strength

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

Metric
ONIT
ONIT
RGEN
RGEN
Cash + ST InvestmentsLiquidity on hand
$180.5M
$767.6M
Total DebtLower is stronger
$542.2M
Stockholders' EquityBook value
$627.9M
$2.1B
Total Assets
$16.2B
$2.9B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ONIT
ONIT
RGEN
RGEN
Q4 25
$180.5M
$767.6M
Q3 25
$172.8M
$748.7M
Q2 25
$194.3M
$708.9M
Q1 25
$178.0M
$697.2M
Q4 24
$184.8M
$757.4M
Q3 24
$201.6M
$784.0M
Q2 24
$203.1M
$809.1M
Q1 24
$185.1M
$780.6M
Total Debt
ONIT
ONIT
RGEN
RGEN
Q4 25
$542.2M
Q3 25
$537.9M
Q2 25
Q1 25
Q4 24
$525.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ONIT
ONIT
RGEN
RGEN
Q4 25
$627.9M
$2.1B
Q3 25
$501.4M
$2.1B
Q2 25
$481.9M
$2.1B
Q1 25
$460.2M
$2.0B
Q4 24
$442.9M
$2.0B
Q3 24
$468.2M
$2.0B
Q2 24
$446.2M
$2.0B
Q1 24
$432.1M
$2.0B
Total Assets
ONIT
ONIT
RGEN
RGEN
Q4 25
$16.2B
$2.9B
Q3 25
$16.1B
$2.9B
Q2 25
$16.5B
$2.9B
Q1 25
$16.3B
$2.9B
Q4 24
$16.4B
$2.8B
Q3 24
$13.2B
$2.8B
Q2 24
$13.1B
$2.9B
Q1 24
$13.1B
$2.8B
Debt / Equity
ONIT
ONIT
RGEN
RGEN
Q4 25
0.26×
Q3 25
0.26×
Q2 25
Q1 25
Q4 24
0.27×
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
ONIT
ONIT
RGEN
RGEN
Operating Cash FlowLast quarter
$-748.0M
$25.7M
Free Cash FlowOCF − Capex
$-750.9M
$17.6M
FCF MarginFCF / Revenue
-258.9%
8.9%
Capex IntensityCapex / Revenue
1.0%
4.1%
Cash ConversionOCF / Net Profit
-5.88×
1.93×
TTM Free Cash FlowTrailing 4 quarters
$93.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ONIT
ONIT
RGEN
RGEN
Q4 25
$-748.0M
$25.7M
Q3 25
$229.5M
$48.1M
Q2 25
$-598.8M
$28.6M
Q1 25
$-148.1M
$15.0M
Q4 24
$-573.8M
$39.2M
Q3 24
$19.2M
$49.3M
Q2 24
$-77.9M
$42.2M
Q1 24
$-297.1M
$44.7M
Free Cash Flow
ONIT
ONIT
RGEN
RGEN
Q4 25
$-750.9M
$17.6M
Q3 25
$228.8M
$43.4M
Q2 25
$21.5M
Q1 25
$-148.4M
$11.4M
Q4 24
$-574.6M
$33.6M
Q3 24
$19.1M
$42.3M
Q2 24
$-78.0M
$37.4M
Q1 24
$-297.2M
$36.4M
FCF Margin
ONIT
ONIT
RGEN
RGEN
Q4 25
-258.9%
8.9%
Q3 25
81.6%
23.0%
Q2 25
11.8%
Q1 25
-59.4%
6.8%
Q4 24
-255.6%
19.3%
Q3 24
7.2%
27.3%
Q2 24
-31.7%
24.3%
Q1 24
-124.3%
24.0%
Capex Intensity
ONIT
ONIT
RGEN
RGEN
Q4 25
1.0%
4.1%
Q3 25
0.2%
2.5%
Q2 25
0.0%
3.9%
Q1 25
0.1%
2.1%
Q4 24
0.4%
3.2%
Q3 24
0.0%
4.5%
Q2 24
0.0%
3.1%
Q1 24
0.0%
5.5%
Cash Conversion
ONIT
ONIT
RGEN
RGEN
Q4 25
-5.88×
1.93×
Q3 25
12.27×
3.23×
Q2 25
-27.85×
1.92×
Q1 25
-6.70×
2.57×
Q4 24
Q3 24
0.90×
Q2 24
-7.42×
12.70×
Q1 24
-9.87×
21.35×

Financial Flow Comparison

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

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