Opendoor Technologies (OPEN) Asset Utilization Ratio (2020 - 2026)
Opendoor Technologies' Asset Utilization Ratio came in at 1.00 for Q3 2026, down 40.4% from 1.68 a year earlier and down 18.2% from the prior quarter.
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Analysis
Opendoor Technologies (OPEN) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
For FY2025, Opendoor Technologies' Asset Utilization Ratio was 1.58, up 2.6% from FY2024.
- Going back by year, Asset Utilization Ratio was 1.54 in FY2024 (+12.8%), 1.37 in FY2023 (-29.3%), 1.93 in FY2022 (+40.7%) and 1.37 in FY2021 (+17.2%).
- The Q3 2026 figure represents the lowest quarterly Asset Utilization Ratio since Q4 2021.
- Year-over-year, Asset Utilization Ratio increased in five of the last eight quarters, with an average decline of 2.2%.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q2 2022 (growth of 170.8%), and the weakest in Q4 2021 (a decline of 56.5%).
- Business Quant data shows OPEN's Asset Utilization Ratio at 1.23 (Q2 2026), 1.66 (Q1 2026) and 1.71 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 20.13 Bn | 19.12 Bn | 106.12 Mn | 0.50 |
| 2 | LandBridge | 5.63 Bn | 5.99 Bn | 69.80 Mn | 0.16 |
| 3 | Howard Hughes Holdings | 4.96 Bn | -3.82 Bn | 435.75 Mn | 0.16 |
| 4 | Millrose Properties | 3.99 Bn | 3.81 Bn | - | 0.08 |
| 5 | St Joe | 3.98 Bn | 3.49 Bn | 80.65 Mn | 0.36 |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.31 Bn | 2.12 Bn | - | 0.06 |
| 7 | EagleRock Land | 2.77 Bn | 4.07 Bn | 39.50 Mn | 0.07 |
| 8 | Forestar | 1.14 Bn | 1.14 Bn | - | 0.50 |
| 9 | Opendoor Technologies | 1.11 Bn | -2.66 Bn | 38.00 Mn | 1.00 |
| 10 | Five Point Holdings | 664.60 Mn | 682.31 Mn | 7.10 Mn | 0.04 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.00 |
| Jun 30, 2026 | 1.23 |
| Mar 31, 2026 | 1.66 |
| Dec 31, 2025 | 1.71 |
| Sep 30, 2025 | 1.68 |
| Jun 30, 2025 | 1.68 |
| Mar 31, 2025 | 1.60 |
| Dec 31, 2024 | 1.58 |
| Sep 30, 2024 | 1.46 |
| Jun 30, 2024 | 1.34 |
| Mar 31, 2024 | 1.44 |
| Dec 31, 2023 | 1.85 |
| Sep 30, 2023 | 2.19 |
| Jun 30, 2023 | 2.42 |
| Mar 31, 2023 | 2.31 |
| Dec 31, 2022 | 1.90 |
| Sep 30, 2022 | 1.66 |
| Jun 30, 2022 | 1.68 |
| Mar 31, 2022 | 1.40 |
| Dec 31, 2021 | 0.87 |
API Access
Opendoor Technologies Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=OPEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "OPEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=OPEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();