Better Home & Finance Holding (BETR) Gross Margin (2022 - 2024)
Better Home & Finance Holding (BETR) posted Gross Margin of 98.84% for Q4 2024, up 1427.92 percentage points from -1329.08% a year earlier but down 0.36 percentage points from the prior quarter.
Better Home & Finance Holding (BETR) Gross Margin (2022 - 2024) Analysis & Trends
For FY2024, Better Home & Finance Holding's Gross Margin came in at 99.08%, up 349.58 percentage points from FY2023.
- In prior years, Better Home & Finance Holding's Gross Margin was -250.51% in FY2023 (-188.81 pp) and -61.70% in FY2022.
- Quarterly Gross Margin has run from a low of -2159.81% in Q4 2022 to a high of 99.77% in Q2 2023 over five years.
- On a year-over-year basis, Gross Margin increased in five of the last six quarters, with an average year-over-year change of +419.71 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 99.20% (Q3 2024), 99.53% (Q2 2024) and 99.72% (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 86.66% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Better Home & Finance Holding | 208.80 Mn | -346.47 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 98.84% |
| Sep 30, 2024 | 99.20% |
| Jun 30, 2024 | 99.53% |
| Mar 31, 2024 | 99.72% |
| Dec 31, 2023 | -1,329.08% |
| Sep 30, 2023 | 98.63% |
| Jun 30, 2023 | 99.77% |
| Mar 31, 2023 | 98.38% |
| Dec 31, 2022 | -2,159.81% |
| Sep 30, 2022 | -159.34% |
Better Home & Finance Holding Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BETR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BETR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BETR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();