Opendoor Technologies (OPEN) Return on Sales [ROS] (2020 - 2026)
Opendoor Technologies (OPEN) recorded Return on Sales [ROS] of -16.31% in Q2 2026, down 15.48 percentage points from -0.83% a year earlier but up 5.78 percentage points from the prior quarter.
Opendoor Technologies (OPEN) Return on Sales [ROS] (2020 - 2026) Analysis & Trends
On a TTM basis, Opendoor Technologies' Return on Sales [ROS] came in at -16.01% as of Jun 30, 2026, down 11.57 percentage points year-over-year; for FY2025, it was -6.57%, down 0.36 percentage points from FY2024.
- Annual Return on Sales [ROS] has a five-year change of +0.63 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Sales [ROS] came in at -6.21% in FY2024 (-0.65 pp), -5.56% in FY2023 (+0.42 pp), -5.98% in FY2022 (+1.10 pp) and -7.08% in FY2021 (+0.12 pp).
- Quarterly Return on Sales [ROS] has ranged from -24.10% in Q3 2022 to 2.29% in Q1 2022 over the past five years.
- On a year-over-year basis, Return on Sales [ROS] has declined for four consecutive quarters, with an average year-over-year change of -4.10 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Sales [ROS] in the last five years was a gain of 35.09 percentage points in Q1 2022, against a drop of 21.05 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -22.08% (Q1 2026), -20.38% (Q4 2025) and -7.43% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.22 Bn | 22.04 Bn | - | 77.96% |
| 2 | Eason Technology | 6.48 Bn | 6.48 Bn | - | - |
| 3 | LandBridge | 6.20 Bn | 6.55 Bn | 65.71 Mn | 66.07% |
| 4 | Millrose Properties | 3.89 Bn | 3.89 Bn | - | 85.16% |
| 5 | St Joe | 3.72 Bn | 3.22 Bn | 73.42 Mn | 34.49% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.82 Bn | 2.82 Bn | - | 91.08% |
| 7 | Opendoor Technologies | 2.32 Bn | -1.49 Bn | 86.00 Mn | -16.31% |
| 8 | Forestar | 1.33 Bn | -21.59 Mn | 84.10 Mn | 11.25% |
| 9 | Five Point Holdings | 677.43 Mn | 706.20 Mn | -23.72 Mn | -325.18% |
| 10 | Tejon Ranch | 445.58 Mn | 380.56 Mn | - | 2.44% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -16.31% |
| Mar 31, 2026 | -22.08% |
| Dec 31, 2025 | -20.38% |
| Sep 30, 2025 | -7.43% |
| Jun 30, 2025 | -0.83% |
| Mar 31, 2025 | -4.86% |
| Dec 31, 2024 | -8.67% |
| Sep 30, 2024 | -4.87% |
| Jun 30, 2024 | -4.77% |
| Mar 31, 2024 | -7.37% |
| Dec 31, 2023 | -13.22% |
| Sep 30, 2023 | -8.06% |
| Jun 30, 2023 | -3.44% |
| Mar 31, 2023 | -3.97% |
| Dec 31, 2022 | -9.49% |
| Sep 30, 2022 | -24.10% |
| Jun 30, 2022 | 0.76% |
| Mar 31, 2022 | 2.29% |
| Dec 31, 2021 | -2.67% |
| Sep 30, 2021 | -3.05% |
Opendoor Technologies Return on Sales [ROS] 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=return-on-sales-%5Bros%5D&ticker=OPEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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=return-on-sales-%5Bros%5D&ticker=OPEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();