Better Home & Finance Holding (BETR) Operating Margin (2022 - 2024)
Better Home & Finance Holding (BETR) reported Operating Margin of 15.65% for Q4 2024, up 11215.0% on a YoY basis from N/an in Q1 2024, and up 108.35% sequentially from 187.34% in Q3 2024.
Better Home & Finance Holding (BETR) Operating Margin (2022 - 2024) Analysis & Trends
Better Home & Finance Holding (BETR) has 3 years of Operating Margin data on file, last reported at 15.65% in Q4 2024.
- For the quarter ending Q4 2024, Operating Margin rose 11215.0% year-over-year to 15.65%; the trailing twelve-month figure through Dec 2024 stood at 68.66% (up 9665.0% YoY), and the FY2024 full-year result was 190.29%, up 21236.0% from the prior year.
- Operating Margin rose to 15.65% in Q4 2024, from 187.34% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 18.63% in Q1 2023 to a low of 7984.51% in Q4 2022.
- A 3-year average of 1393.11% and a median of 141.92% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin soared 788801 bps in 2023 and plunged 244796 bps in 2024, its largest moves.
- Tracing BETR's Operating Margin over 3 years: stood at 7984.51% in 2022, then jumped by 99 bps to 96.5% in 2023, then surged by 116 bps to 15.65% in 2024.
- Business Quant data shows BETR's Operating Margin at 15.65% in Q4 2024, 187.34% in Q3 2024, and 2453.87% in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | - |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 15.34% |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | - |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | - |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | - |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | - |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 15.65% |
| Sep 30, 2024 | -187.34% |
| Jun 30, 2024 | -2,453.87% |
| Mar 31, 2024 | 17.00% |
| Dec 31, 2023 | -96.50% |
| Sep 30, 2023 | -2,635.47% |
| Jun 30, 2023 | -5.91% |
| Mar 31, 2023 | 18.63% |
| Dec 31, 2022 | -7,984.51% |
| Sep 30, 2022 | -618.78% |