Better Home & Finance Holding (BETRW) Return on Capital Employed (2021 - 2023)
Better Home & Finance Holding (BETRW) posted Return on Capital Employed of 30.99% for Q2 2023, down 8.06% sequentially from 28.68% in Q1 2023, and down 2707.0% YoY from 1.19% in Q2 2022.
Better Home & Finance Holding (BETRW) Return on Capital Employed (2021 - 2023) Analysis & Trends
Better Home & Finance Holding has reported Return on Capital Employed for 3 years, with the latest figure at 30.99% in Q2 2023.
- Quarterly Return on Capital Employed fell 2707.0% year-over-year to 30.99% in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 30.99% (down 2707.0% YoY) and the FY2022 annual result came in at 128.93%, down 12281.0% from the prior year.
- Return on Capital Employed declined to 30.99% in Q2 2023 per BETRW's latest filing, from 28.68% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 2.99% in Q4 2021 and troughed at 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.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed sank 4287 bps in 2022, then slumped 2531 bps in 2023.
- Over 3 years, Return on Capital Employed stood at 2.99% in 2021, then slumped by 1436 bps to 45.86% in 2022, then jumped by 32 bps to 30.99% in 2023.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 30.99%, 28.68%, and 45.86% for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (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 |
|---|---|
| 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% |