Better Home & Finance Holding (BETR) Return on Capital Employed (2021 - 2023)

Better Home & Finance Holding (BETR) reported Return on Capital Employed of 30.99% for Q2 2023, down 2707.0% on a YoY basis from 1.19% in Q2 2022, and down 8.06% sequentially from 28.68% in Q1 2023.

Better Home & Finance Holding (BETR) Return on Capital Employed (2021 - 2023) Analysis & Trends

Better Home & Finance Holding (BETR) has 3 years of Return on Capital Employed data on file, last reported at 30.99% in Q2 2023.

  • For the quarter ending Q2 2023, Return on Capital Employed fell 2707.0% year-over-year to 30.99%; the trailing twelve-month figure through Jun 2023 stood at 30.99% (down 2707.0% YoY), and the FY2022 full-year result was 128.93%, down 12281.0% from the prior year.
  • Return on Capital Employed declined to 30.99% in Q2 2023, 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.
  • A 3-year average of 26.55% and a median of 28.68% in 2023 frame the typical range for Return on Capital Employed.
  • Across the five-year window, Return on Capital Employed tumbled 4287 bps in 2022 and plunged 2531 bps in 2023, its largest moves.
  • Tracing BETR's Return on Capital Employed over 3 years: stood at 2.99% in 2021, then tumbled by 1436 bps to 45.86% in 2022, then jumped by 32 bps to 30.99% in 2023.
  • Business Quant data shows BETR's Return on Capital Employed at 30.99% in Q2 2023, 28.68% in Q1 2023, and 45.86% in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (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
DateValue
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%