Opendoor Technologies (OPEN) Asset Utilization Ratio (2020 - 2026)
Opendoor Technologies' Asset Utilization Ratio came in at 1.23 for Q2 2026, down 26.9% from 1.68 a year earlier and down 26.0% 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 Q2 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 1.4%.
- 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 Q3 2021 (a decline of 92.6%).
- Business Quant data shows OPEN's Asset Utilization Ratio at 1.66 (Q1 2026), 1.71 (Q4 2025) and 1.68 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.67 Bn | 21.49 Bn | - | 0.50 |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.19 Bn | 6.54 Bn | 65.71 Mn | 0.16 |
| 4 | Millrose Properties | 4.09 Bn | 4.09 Bn | - | 0.08 |
| 5 | St Joe | 3.77 Bn | 3.27 Bn | 73.42 Mn | 0.36 |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 0.07 |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | 1.23 |
| 8 | Forestar | 1.33 Bn | -18.53 Mn | 84.10 Mn | 0.54 |
| 9 | Five Point Holdings | 699.67 Mn | 728.44 Mn | -23.72 Mn | 0.04 |
| 10 | Tejon Ranch | 441.80 Mn | 376.78 Mn | - | 0.09 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 0.64 |
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();