Better Home & Finance Holding (BETRW) Operating Margin (2022 - 2024)
Better Home & Finance Holding (BETRW) posted Operating Margin of 15.65% for Q4 2024, up 108.35% sequentially from 187.34% in Q3 2024, and up 11215.0% YoY from N/an in Q1 2024.
Better Home & Finance Holding (BETRW) Operating Margin (2022 - 2024) Analysis & Trends
Better Home & Finance Holding has reported Operating Margin for 3 years, with the latest figure at 15.65% in Q4 2024.
- Quarterly Operating Margin rose 11215.0% year-over-year to 15.65% in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 68.66% (up 9665.0% YoY) and the FY2024 annual result came in at 190.29%, up 21236.0% from the prior year.
- Operating Margin rose to 15.65% in Q4 2024 per BETRW's latest filing, from 187.34% in the prior quarter.
- Over five years, Operating Margin peaked at 18.63% in Q1 2023 and troughed at 7984.51% in Q4 2022.
- A 3-year average of 1393.11% and a median of 141.92% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2024: Operating Margin surged 788801 bps in 2023, then slumped 244796 bps in 2024.
- Over 3 years, Operating Margin stood at 7984.51% in 2022, then jumped by 99 bps to 96.5% in 2023, then surged by 116 bps to 15.65% in 2024.
- According to Business Quant data, Operating Margin over the past three periods registered 15.65%, 187.34%, and 2453.87% for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.55 Bn | 36.45 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 36.61 Bn | 36.61 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.43 Bn | 14.11 Bn | - | - |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | 2.95% |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | - |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | - |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - | - |
| 9 | Onity | 303.25 Mn | 106.95 Mn | - | - |
| 10 | Better Home & Finance Holding | 1.93 Mn | -100.32 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 15.65% |
| Sep 30, 2024 | -187.34% |
| Jun 30, 2024 | -2,453.87% |
| Mar 31, 2024 | 17.00% |
| Dec 31, 2023 | -96.50% |
| Sep 30, 2023 | -2,635.47% |
| Jun 30, 2023 | -5.91% |
| Mar 31, 2023 | 18.63% |
| Dec 31, 2022 | -7,984.51% |
| Sep 30, 2022 | -618.78% |