Opendoor Technologies (OPEN) Debt Ratio (2019 - 2026)
Opendoor Technologies' (OPEN) Debt Ratio was 0.66 for Q2 2026, up 10.4% from 0.60 a year earlier and up 16.6% from the prior quarter.
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Analysis
Opendoor Technologies (OPEN) Debt Ratio (2019 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Opendoor Technologies was 0.55, down 11.4% from FY2024.
- By year, Debt Ratio came in at 0.62 in FY2024 (+2.9%), 0.60 in FY2023 (-10.1%), 0.67 in FY2022 (+3.5%) and 0.64 in FY2021 (+190.1%).
- The Q2 2026 figure ranks as the highest quarterly Debt Ratio since Q4 2022.
- Year over year, Debt Ratio gained in five of the last eight quarters, with growth averaging 0.9%.
- The high point for year-over-year Debt Ratio in five years was Q4 2021 (growth of 190.1%); the low point was Q3 2023 (a decline of 18.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.57 (Q1 2026), 0.55 (Q4 2025) and 0.66 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 19.20 Bn | 18.19 Bn | - | - |
| 2 | Howard Hughes Holdings | 5.05 Bn | -3.83 Bn | 435.75 Mn | 0.35 |
| 3 | Millrose Properties | 4.42 Bn | 4.24 Bn | - | 0.30 |
| 4 | St Joe | 4.28 Bn | 3.78 Bn | 80.65 Mn | - |
| 5 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.25 Bn | 2.06 Bn | - | 0.22 |
| 6 | LandBridge | 1.83 Bn | 1.70 Bn | 65.71 Mn | 0.39 |
| 7 | Opendoor Technologies | 1.33 Bn | -2.44 Bn | 38.00 Mn | 0.65 |
| 8 | Forestar | 1.23 Bn | -117.25 Mn | 84.10 Mn | 0.25 |
| 9 | Tejon Ranch | 482.31 Mn | 414.19 Mn | - | 0.15 |
| 10 | Frp Holdings | 377.27 Mn | -71.77 Mn | - | 0.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.65 |
| Jun 30, 2026 | 0.66 |
| Mar 31, 2026 | 0.57 |
| Dec 31, 2025 | 0.55 |
| Sep 30, 2025 | 0.66 |
| Jun 30, 2025 | 0.60 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.62 |
| Sep 30, 2024 | 0.63 |
| Jun 30, 2024 | 0.61 |
| Mar 31, 2024 | 0.60 |
| Dec 31, 2023 | 0.60 |
| Sep 30, 2023 | 0.59 |
| Jun 30, 2023 | 0.60 |
| Mar 31, 2023 | 0.62 |
| Dec 31, 2022 | 0.67 |
| Sep 30, 2022 | 0.72 |
| Jun 30, 2022 | 0.65 |
| Mar 31, 2022 | 0.58 |
| Dec 31, 2021 | 0.64 |
API Access
Opendoor Technologies Debt 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=debt-ratio&ticker=OPEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=OPEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();