Better Home & Finance Holding (BETR) Restructuring Costs (2022 - 2024)
Better Home & Finance Holding's (BETR) quarterly Restructuring Costs came in at $16.7 million in Q4 2024, up 180.81% year-on-year from $6.0 million in Q1 2024, and up 38762.79% quarter-over-quarter from $43000.0 in Q3 2024.
Better Home & Finance Holding (BETR) Restructuring Costs (2022 - 2024) Analysis & Trends
Better Home & Finance Holding has disclosed Restructuring Costs across 3 years of filings, most recently posting $16.7 million for Q4 2024.
- Restructuring Costs for Q4 2024 came in at $16.7 million, up 180.81% year-over-year; the trailing twelve-month figure through Dec 2024 was $17.7 million (up 1.17% YoY), and the FY2024 annual result was $17.7 million, up 1.15% from the prior year.
- Restructuring Costs came in at $16.7 million for Q4 2024 at Better Home & Finance Holding, up from $43000.0 in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $45.8 million in Q3 2022 to a low of $43000.0 in Q3 2024.
- The 3-year median for Restructuring Costs is $3.8 million (2023), against an average of $11.5 million.
- Across the five-year window, Restructuring Costs plunged 98.52% in 2023 and soared 180.81% in 2024, its largest moves.
- Better Home & Finance Holding's Restructuring Costs stood at $34.0 million in 2022, then slumped by 82.49% to $6.0 million in 2023, then soared by 180.81% to $16.7 million in 2024.
- The last three Restructuring Costs figures came in at $16.7 million (Q4 2024), $43000.0 (Q3 2024), and $184000.0 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 34.85 Bn | 32.16 Bn | - |
| 2 | PennyMac Financial Services | 4.14 Bn | 3.65 Bn | 523.89 Mn |
| 3 | Walker & Dunlop | 1.73 Bn | 1.55 Bn | - |
| 4 | UWM Holdings | 743.45 Mn | 1.57 Bn | - |
| 5 | Velocity Financial | 668.42 Mn | 583.96 Mn | - |
| 6 | CNFinance Holdings | 591.78 Mn | 542.97 Mn | - |
| 7 | Better Home & Finance Holding | 419.52 Mn | 349.24 Mn | - |
| 8 | Onity | 306.24 Mn | 306.24 Mn | - |
| 9 | loanDepot | 209.70 Mn | -4.79 Mn | - |
| 10 | Greystone Housing Impact Investors | 120.06 Mn | 120.06 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 16.71 Mn |
| Sep 30, 2024 | 43,000.00 |
| Jun 30, 2024 | 184,000.00 |
| Mar 31, 2024 | 721,000.00 |
| Dec 31, 2023 | 5.95 Mn |
| Sep 30, 2023 | 679,000.00 |
| Jun 30, 2023 | 1.69 Mn |
| Mar 31, 2023 | 9.14 Mn |
| Dec 31, 2022 | 34.00 Mn |
| Sep 30, 2022 | 45.78 Mn |