Better Home & Finance Holding (BETRW) Restructuring Costs (2022 - 2024)
Better Home & Finance Holding (BETRW) posted Restructuring Costs of $16.7 million for Q4 2024, up 38762.79% sequentially from $43000.0 in Q3 2024, and up 180.81% YoY from $6.0 million in Q1 2024.
Better Home & Finance Holding (BETRW) Restructuring Costs (2022 - 2024) Analysis & Trends
Better Home & Finance Holding has reported Restructuring Costs for 3 years, with the latest figure at $16.7 million in Q4 2024.
- Quarterly Restructuring Costs rose 180.81% year-over-year to $16.7 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $17.7 million (up 1.17% YoY) and the FY2024 annual result came in at $17.7 million, up 1.15% from the prior year.
- Restructuring Costs rose to $16.7 million in Q4 2024 per BETRW's latest filing, from $43000.0 in the prior quarter.
- Over five years, Restructuring Costs peaked at $45.8 million in Q3 2022 and troughed at $43000.0 in Q3 2024.
- A 3-year average of $11.5 million and a median of $3.8 million in 2023 frame the typical range for Restructuring Costs.
- The sharpest annual moves came in 2023 and 2024: Restructuring Costs plunged 98.52% in 2023, then surged 180.81% in 2024.
- Over 3 years, Restructuring Costs stood at $34.0 million in 2022, then slumped by 82.49% to $6.0 million in 2023, then surged by 180.81% to $16.7 million in 2024.
- According to Business Quant data, Restructuring Costs over the past three periods registered $16.7 million, $43000.0, and $184000.0 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 | 16.71 Mn |
| Sep 30, 2024 | 43,000.00 |
| Jun 30, 2024 | 184,000.00 |
| Mar 31, 2024 | 721,000.00 |
| Dec 31, 2023 | 5.95 Mn |
| Sep 30, 2023 | 679,000.00 |
| Jun 30, 2023 | 1.69 Mn |
| Mar 31, 2023 | 9.14 Mn |
| Dec 31, 2022 | 34.00 Mn |
| Sep 30, 2022 | 45.78 Mn |