Better Home & Finance Holding (BETR) Return on Capital Employed (2021 - 2023)
Better Home & Finance Holding's (BETR) quarterly Return on Capital Employed came in at 30.99% in Q2 2023, down 2707.0% year-on-year from 1.19% in Q2 2022, and down 8.06% quarter-over-quarter from 28.68% in Q1 2023.
Better Home & Finance Holding (BETR) Return on Capital Employed (2021 - 2023) Analysis & Trends
Better Home & Finance Holding has disclosed Return on Capital Employed across 3 years of filings, most recently posting 30.99% for Q2 2023.
- Return on Capital Employed for Q2 2023 came in at 30.99%, down 2707.0% year-over-year; the trailing twelve-month figure through Jun 2023 was 30.99% (down 2707.0% YoY), and the FY2022 annual result was 128.93%, down 12281.0% from the prior year.
- Return on Capital Employed came in at 30.99% for Q2 2023 at Better Home & Finance Holding, down from 28.68% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 2.99% in Q4 2021 to a low of 70.09% in Q3 2022.
- The 3-year median for Return on Capital Employed is 28.68% (2023), against an average of 26.55%.
- Across the five-year window, Return on Capital Employed sank 4287 bps in 2022 and slumped 2531 bps in 2023, its largest moves.
- Better Home & Finance Holding's Return on Capital Employed stood at 2.99% in 2021, then slumped by 1436 bps to 45.86% in 2022, then surged by 32 bps to 30.99% in 2023.
- The last three Return on Capital Employed figures came in at 30.99% (Q2 2023), 28.68% (Q1 2023), and 45.86% (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 37.42 Bn | 34.73 Bn | - | - |
| 2 | PennyMac Financial Services | 4.27 Bn | 3.77 Bn | 523.89 Mn | - |
| 3 | Walker & Dunlop | 1.77 Bn | 1.59 Bn | - | - |
| 4 | UWM Holdings | 728.84 Mn | 1.55 Bn | - | - |
| 5 | Velocity Financial | 676.73 Mn | 592.27 Mn | - | - |
| 6 | CNFinance Holdings | 606.48 Mn | 557.67 Mn | - | - |
| 7 | Better Home & Finance Holding | 411.40 Mn | 341.12 Mn | - | - |
| 8 | Onity | 314.31 Mn | 314.31 Mn | - | - |
| 9 | loanDepot | 211.55 Mn | -2.94 Mn | - | - |
| 10 | Greystone Housing Impact Investors | 119.59 Mn | 119.59 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -30.99% |
| Mar 31, 2023 | -28.68% |
| Dec 31, 2022 | -45.86% |
| Sep 30, 2022 | -70.09% |
| Jun 30, 2022 | -3.92% |
| Mar 31, 2022 | -3.36% |
| Dec 31, 2021 | -2.99% |