vs
ONITY GROUP INC.（ONIT）与UWM Holdings Corp（UWMC）财务数据对比。点击上方公司名可切换其他公司
UWM Holdings Corp的季度营收约是ONITY GROUP INC.的3.3倍（$945.2M vs $290.0M）。ONITY GROUP INC.净利率更高（43.9% vs 2.1%，领先41.8%）。UWM Holdings Corp同比增速更快（68.7% vs 29.0%）。UWM Holdings Corp自由现金流更多（$82.0M vs $-232.5M）。过去两年UWM Holdings Corp的营收复合增速更高（28.8% vs 10.1%）
奥尼提集团（原奥克文）是一家提供住宅及商业抵押贷款 servicing、特殊 servicing以及资产管理服务的供应商，业务性质也可概括为向房主收取每月本金与利息。公司成立于1988年，总部位于佛罗里达州西棕榈滩，在美国多地及菲律宾、印度都设有办公及支持运营点。
UWM控股（前身为联合海岸金融服务）是总部位于美国密歇根州庞蒂亚克的批发抵押贷款机构，专门为独立贷款经纪人提供贷款承销服务，据2024年公开数据显示，该公司是目前美国规模最大的抵押贷款放贷机构。
ONIT vs UWMC — 直观对比
营收规模更大
UWMC
是对方的3.3倍
$290.0M
营收增速更快
UWMC
高出39.7%
29.0%
净利率更高
ONIT
高出41.8%
2.1%
自由现金流更多
UWMC
多$314.5M
$-232.5M
两年增速更快
UWMC
近两年复合增速
10.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $290.0M | $945.2M |
| 净利润 | $127.2M | $19.4M |
| 毛利率 | — | — |
| 营业利润率 | — | 17.9% |
| 净利率 | 43.9% | 2.1% |
| 营收同比 | 29.0% | 68.7% |
| 净利润同比 | 552.7% | 117.6% |
| 每股收益（稀释后） | $14.53 | $0.14 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ONITUWMC
| Q4 25 | $290.0M | $945.2M | ||
| Q3 25 | $280.3M | $843.3M | ||
| Q2 25 | $246.6M | $758.7M | ||
| Q1 25 | $249.8M | $613.4M | ||
| Q4 24 | $224.8M | $560.2M | ||
| Q3 24 | $265.7M | $526.4M | ||
| Q2 24 | $246.4M | $507.1M | ||
| Q1 24 | $239.1M | $570.0M |
净利润ONITUWMC
| Q4 25 | $127.2M | $19.4M | ||
| Q3 25 | $18.7M | $-1.3M | ||
| Q2 25 | $21.5M | $22.9M | ||
| Q1 25 | $22.1M | $-13.7M | ||
| Q4 24 | $-28.1M | $8.9M | ||
| Q3 24 | $21.4M | $-6.3M | ||
| Q2 24 | $10.5M | $3.0M | ||
| Q1 24 | $30.1M | $8.7M |
营业利润率ONITUWMC
| Q4 25 | — | 17.9% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 43.4% | ||
| Q1 25 | 3.6% | -42.5% | ||
| Q4 24 | -14.9% | 7.6% | ||
| Q3 24 | 10.4% | 6.1% | ||
| Q2 24 | 5.5% | 15.2% | ||
| Q1 24 | 13.3% | 32.3% |
净利率ONITUWMC
| Q4 25 | 43.9% | 2.1% | ||
| Q3 25 | 6.7% | -0.1% | ||
| Q2 25 | 8.7% | 3.0% | ||
| Q1 25 | 8.8% | -2.2% | ||
| Q4 24 | -12.5% | 1.6% | ||
| Q3 24 | 8.1% | -1.2% | ||
| Q2 24 | 4.3% | 0.6% | ||
| Q1 24 | 12.6% | 1.5% |
每股收益（稀释后）ONITUWMC
| Q4 25 | $14.53 | $0.14 | ||
| Q3 25 | $2.03 | $-0.01 | ||
| Q2 25 | $2.40 | $0.11 | ||
| Q1 25 | $2.50 | $-0.12 | ||
| Q4 24 | $-3.59 | $0.07 | ||
| Q3 24 | $2.65 | $-0.06 | ||
| Q2 24 | $1.33 | $0.03 | ||
| Q1 24 | $3.74 | $0.09 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $180.5M | $503.4M |
| 总债务越低越好 | — | $3.0B |
| 股东权益账面价值 | $627.9M | $1.6B |
| 总资产 | $16.2B | $16.9B |
| 负债/权益比越低杠杆越低 | — | 1.87× |
8季度趋势，按日历期对齐
现金及短期投资ONITUWMC
| Q4 25 | $180.5M | $503.4M | ||
| Q3 25 | $172.8M | $870.7M | ||
| Q2 25 | $194.3M | $490.0M | ||
| Q1 25 | $178.0M | $485.0M | ||
| Q4 24 | $184.8M | $507.3M | ||
| Q3 24 | $201.6M | $636.3M | ||
| Q2 24 | $203.1M | $680.2M | ||
| Q1 24 | $185.1M | $605.6M |
总债务ONITUWMC
| Q4 25 | — | $3.0B | ||
| Q3 25 | — | $3.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.0B |
股东权益ONITUWMC
| Q4 25 | $627.9M | $1.6B | ||
| Q3 25 | $501.4M | $1.6B | ||
| Q2 25 | $481.9M | $1.7B | ||
| Q1 25 | $460.2M | $1.6B | ||
| Q4 24 | $442.9M | $2.1B | ||
| Q3 24 | $468.2M | $2.2B | ||
| Q2 24 | $446.2M | $2.3B | ||
| Q1 24 | $432.1M | $2.5B |
总资产ONITUWMC
| Q4 25 | $16.2B | $16.9B | ||
| Q3 25 | $16.1B | $17.0B | ||
| Q2 25 | $16.5B | $13.9B | ||
| Q1 25 | $16.3B | $14.0B | ||
| Q4 24 | $16.4B | $15.7B | ||
| Q3 24 | $13.2B | $15.1B | ||
| Q2 24 | $13.1B | $12.9B | ||
| Q1 24 | $13.1B | $12.8B |
负债/权益比ONITUWMC
| Q4 25 | — | 1.87× | ||
| Q3 25 | — | 2.38× | ||
| Q2 25 | — | 1.59× | ||
| Q1 25 | — | 1.70× | ||
| Q4 24 | — | 1.36× | ||
| Q3 24 | — | 0.92× | ||
| Q2 24 | — | 0.86× | ||
| Q1 24 | — | 0.81× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-230.6M | $103.8M |
| 自由现金流经营现金流 - 资本支出 | $-232.5M | $82.0M |
| 自由现金流率自由现金流/营收 | -80.2% | 8.7% |
| 资本支出强度资本支出/营收 | 0.7% | 2.3% |
| 现金转化率经营现金流/净利润 | -1.81× | 5.34× |
| 过去12个月自由现金流最近4个季度 | — | $-2.7B |
8季度趋势，按日历期对齐
经营现金流ONITUWMC
| Q4 25 | $-230.6M | $103.8M | ||
| Q3 25 | $229.5M | $-3.1B | ||
| Q2 25 | $-598.8M | $-265.9M | ||
| Q1 25 | $-148.1M | $593.9M | ||
| Q4 24 | $-218.0M | $-543.3M | ||
| Q3 24 | $19.2M | $-2.2B | ||
| Q2 24 | $-77.9M | $-1.3B | ||
| Q1 24 | $-297.1M | $-2.2B |
自由现金流ONITUWMC
| Q4 25 | $-232.5M | $82.0M | ||
| Q3 25 | $228.8M | $-3.1B | ||
| Q2 25 | — | $-290.1M | ||
| Q1 25 | $-148.4M | $576.1M | ||
| Q4 24 | $-218.5M | $-551.6M | ||
| Q3 24 | $19.1M | $-2.2B | ||
| Q2 24 | $-78.0M | $-1.3B | ||
| Q1 24 | $-297.2M | $-2.2B |
自由现金流率ONITUWMC
| Q4 25 | -80.2% | 8.7% | ||
| Q3 25 | 81.6% | -366.4% | ||
| Q2 25 | — | -38.2% | ||
| Q1 25 | -59.4% | 93.9% | ||
| Q4 24 | -97.2% | -98.5% | ||
| Q3 24 | 7.2% | -416.1% | ||
| Q2 24 | -31.7% | -262.1% | ||
| Q1 24 | -124.3% | -387.7% |
资本支出强度ONITUWMC
| Q4 25 | 0.7% | 2.3% | ||
| Q3 25 | 0.2% | 1.2% | ||
| Q2 25 | 0.0% | 3.2% | ||
| Q1 25 | 0.1% | 2.9% | ||
| Q4 24 | 0.2% | 1.5% | ||
| Q3 24 | 0.0% | 2.3% | ||
| Q2 24 | 0.0% | 2.4% | ||
| Q1 24 | 0.0% | 1.2% |
现金转化率ONITUWMC
| Q4 25 | -1.81× | 5.34× | ||
| Q3 25 | 12.27× | — | ||
| Q2 25 | -27.85× | -11.61× | ||
| Q1 25 | -6.70× | — | ||
| Q4 24 | — | -60.91× | ||
| Q3 24 | 0.90× | — | ||
| Q2 24 | -7.42× | -431.86× | ||
| Q1 24 | -9.87× | -252.32× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
