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OneMain Holdings (OneMain Holdings) Interest Expense : $-1,058 Mil (TTM As of Mar. 2024)


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What is OneMain Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. OneMain Holdings's interest expense for the three months ended in Mar. 2024 was $ -277 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1,058 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. OneMain Holdings's Operating Income for the three months ended in Mar. 2024 was $ Mil. OneMain Holdings's Interest Expense for the three months ended in Mar. 2024 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

OneMain Holdings Interest Expense Historical Data

The historical data trend for OneMain Holdings's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OneMain Holdings Interest Expense Chart

OneMain Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -970.00 -1,027.00 -937.00 -892.00 -1,019.00

OneMain Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -239.00 -244.00 -267.00 -270.00 -277.00

OneMain Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,058 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

OneMain Holdings (OneMain Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » OneMain Holdings Inc (NYSE:OMF) » Definitions » Interest Expense
Comparable Companies
WU FCFS CACC OBDC NNI SLM QFIN LU UPST NAVI V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
0S1:Germany
Address
601 N.W. Second Street, Evansville, IN, USA, 47708
Website
https://www.omf.com
OneMain Holdings is engaged in nonprime consumer finance companies in the United States and one of only a few companies in the consumer installment lending industry. It formed after a transaction brought together two branch-based consumer finance companies with complementary strategies and locations. Its services include providing personal loan products, offering credit and noncredit insurance, servicing loans, pursuing strategic acquisitions and dispositions of assets and businesses, and on occasion, establishing joint ventures or forming strategic alliances. The company's one reportable segment is consumer and insurance. In addition to hundreds of branches, the company also has a significant online business. The main source of revenue is net interest income.
Executives
Rajive Chadha officer: Chief Operating Officer & EVP C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Douglas H. Shulman director, officer: President and CEO C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Toos Daruvala director 12 SYCAMORE ROAD, SCARSDALE NY 10583
Philip Bronner director C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Uniform Investco Sub L.p. other: See Remarks C/O VARDE PARTNERS, 901 MARQUETTE AVENUE SOUTH, SUITE 3300, MINNEAPOLIS MN 55402
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Phyllis R Caldwell director AMERICAN CAPITAL, LTD., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
George G Hicks other: See Remarks 901 MARQUETTE AVENUE SOUTH, SUITE 3300, MINNEAPOLIS MN 55402
Jay N. Levine director, officer: President and CEO C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Lisa Green Hall director C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Micah R. Conrad officer: EVP and CFO C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Richard A Smith director 175 PARK AVENUE, MADISON NJ 07940
Varde Investment Partners Ugp, Llc other: See Remarks C/O VARDE PARTNERS, 901 MARQUETTE AVENUE, SUITE 3300, MINNEAPOLIS MN 55402
Varde Skyway Fund Ugp, Llc other: See Remarks C/O VARDE PARTNERS, 901 MARQUETTE AVENUE, SUITE 3300, MINNEAPOLIS MN 55402
Varde Credit Partners Ugp, Llc other: See Remarks C/O VARDE PARTNERS, 901 MARQUETTE AVENUE, SUITE 3300, MINNEAPOLIS MN 55402