Better Home & Finance Holding (BETRW) Gross Margin (2022 - 2024)

Better Home & Finance Holding's (BETRW) quarterly Gross Margin came in at 101.29% in Q4 2024, up 190.0% year-on-year from 34.93% in Q1 2024, and up 2.11% quarter-over-quarter from 99.2% in Q3 2024.

Better Home & Finance Holding (BETRW) Gross Margin (2022 - 2024) Analysis & Trends

Better Home & Finance Holding has disclosed Gross Margin across 3 years of filings, most recently posting 101.29% for Q4 2024.

  • Gross Margin for Q4 2024 came in at 101.29%, up 190.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 120.73% (up 2136.0% YoY), and the FY2024 annual result was 92.24%, down 721.0% from the prior year.
  • Gross Margin came in at 101.29% for Q4 2024 at Better Home & Finance Holding, up from 99.2% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 101.29% in Q4 2024 to a low of 15.83% in Q4 2022.
  • The 3-year median for Gross Margin is 99.46% (2023), against an average of 91.08%.
  • Across the five-year window, Gross Margin surged 8356 bps in 2023 and tumbled 58 bps in 2024, its largest moves.
  • Better Home & Finance Holding's Gross Margin stood at 15.83% in 2022, then jumped by 528 bps to 99.39% in 2023, then advanced by 2 bps to 101.29% in 2024.
  • The last three Gross Margin figures came in at 101.29% (Q4 2024), 99.2% (Q3 2024), and 99.53% (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Rocket Companies 37.42 Bn 34.73 Bn - -
2 PennyMac Financial Services 4.27 Bn 3.77 Bn 523.89 Mn 96.13%
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 Better Home & Finance Holding - - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 101.29%
Sep 30, 2024 99.20%
Jun 30, 2024 99.53%
Mar 31, 2024 97.80%
Dec 31, 2023 99.39%
Sep 30, 2023 99.67%
Jun 30, 2023 99.86%
Mar 31, 2023 98.38%
Dec 31, 2022 15.83%
Sep 30, 2022 99.85%