Beeline Holdings (BLNE) Gross Margin (2011 - 2024)
Beeline Holdings (BLNE) posted Gross Margin of 26.32% for Q3 2024, up 407.74% on a QoQ basis from 5.18% in Q2 2024, and up 653.0% year-over-year from 3.49% in Q4 2023.
Beeline Holdings (BLNE) Gross Margin (2011 - 2024) Analysis & Trends
Beeline Holdings' Gross Margin history runs 14 years deep, the most recent figure standing at 26.32% for Q3 2024.
- Quarterly Gross Margin rose 653.0% year-over-year to 26.32% in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 36.01% (up 2552.0% YoY) and the FY2023 annual result came in at 354.85%, up 33781.0% from the prior year.
- Gross Margin was 26.32% for Q3 2024 at Beeline Holdings, up from 5.18% in the prior quarter.
- Across five years, Gross Margin topped out at 2367.5% in Q1 2022 and bottomed at 6.43% in Q4 2021.
- A 5-year average of 141.56% and a median of 24.9% in 2020 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin surged 235025 bps — and 2023, when it plunged 234503 bps.
- Beeline Holdings' Gross Margin stood at 2.06% in 2020, then sank by 412 bps to 6.43% in 2021, then advanced by 16 bps to 5.38% in 2022, then jumped by 56 bps to 2.35% in 2023, then jumped by 1221 bps to 26.32% in 2024.
- Business Quant data shows BLNE's Gross Margin at 26.32% in Q3 2024, 5.18% in Q2 2024, and 31.16% in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (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 | 96.13% |
| 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 | Beeline Holdings | 28.97 Mn | 26.98 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 26.32% |
| Jun 30, 2024 | 5.18% |
| Mar 31, 2024 | 31.16% |
| Dec 31, 2023 | -2.35% |
| Sep 30, 2023 | 19.79% |
| Jun 30, 2023 | 27.08% |
| Mar 31, 2023 | 22.47% |
| Dec 31, 2022 | -5.38% |
| Sep 30, 2022 | 6.38% |
| Jun 30, 2022 | 28.34% |
| Mar 31, 2022 | 2,367.50% |
| Dec 31, 2021 | -6.43% |
| Sep 30, 2021 | 26.24% |
| Jun 30, 2021 | 25.12% |
| Mar 31, 2021 | 17.25% |
| Dec 31, 2020 | 2.06% |
| Sep 30, 2020 | 34.94% |
| Jun 30, 2020 | 39.05% |
| Mar 31, 2020 | 24.90% |
| Dec 31, 2019 | -12.11% |