Better Home & Finance Holding (BETR) Restructuring Costs (2022 - 2024)
Better Home & Finance Holding (BETR) reported Restructuring Costs of $16.7 million for Q4 2024, up 180.81% on a YoY basis from $6.0 million in Q1 2024, and up 38762.79% sequentially from $43000.0 in Q3 2024.
Better Home & Finance Holding (BETR) Restructuring Costs (2022 - 2024) Analysis & Trends
Better Home & Finance Holding (BETR) has 3 years of Restructuring Costs data on file, last reported at $16.7 million in Q4 2024.
- For the quarter ending Q4 2024, Restructuring Costs rose 180.81% year-over-year to $16.7 million; the trailing twelve-month figure through Dec 2024 stood at $17.7 million (up 1.17% YoY), and the FY2024 full-year result was $17.7 million, up 1.15% from the prior year.
- Restructuring Costs rose to $16.7 million in Q4 2024, 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.
- A 3-year average of $11.5 million and a median of $3.8 million in 2023 frame the typical range for Restructuring Costs.
- Across the five-year window, Restructuring Costs slumped 98.52% in 2023 and soared 180.81% in 2024, its largest moves.
- Tracing BETR's Restructuring Costs over 3 years: stood at $34.0 million in 2022, then tumbled by 82.49% to $6.0 million in 2023, then surged by 180.81% to $16.7 million in 2024.
- Business Quant data shows BETR's Restructuring Costs at $16.7 million in Q4 2024, $43000.0 in Q3 2024, and $184000.0 in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 | 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 |