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| 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% |