Opendoor Technologies (OPENL) Return on Invested Capital [ROIC] (2020 - 2026)
Opendoor Technologies' Return on Invested Capital [ROIC] came in at -20.21% for Q2 2026, down 11.28 percentage points from -8.94% a year earlier and down 3.27 percentage points from the prior quarter.
Opendoor Technologies (OPENL) Return on Invested Capital [ROIC] (2020 - 2026) Analysis & Trends
For FY2024, Opendoor Technologies' Return on Invested Capital [ROIC] was -11.15%, down 2.16 percentage points from FY2023.
- Return on Invested Capital [ROIC] carries a three-year change of -0.22 percentage points (FY2021 to FY2024).
- Going back by year, Return on Invested Capital [ROIC] was -8.99% in FY2023 (+4.46 pp), -13.45% in FY2022 (-2.52 pp) and -10.93% in FY2021.
- The Q2 2026 figure represents the lowest quarterly Return on Invested Capital [ROIC] since Q2 2023.
- Year-over-year, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of -0.88 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2021 (a gain of 20.99 percentage points), and the weakest in Q2 2023 (a drop of 32.20 percentage points).
- Business Quant data shows OPENL's Return on Invested Capital [ROIC] at -16.95% (Q1 2026), -11.70% (Q4 2025) and -9.31% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -21.75% |
| Jun 30, 2026 | -20.21% |
| Mar 31, 2026 | -16.95% |
| Dec 31, 2025 | -11.70% |
| Sep 30, 2025 | -9.31% |
| Jun 30, 2025 | -8.94% |
| Mar 31, 2025 | -10.67% |
| Dec 31, 2024 | -11.49% |
| Sep 30, 2024 | -11.69% |
| Jun 30, 2024 | -12.10% |
| Mar 31, 2024 | -11.56% |
| Dec 31, 2023 | -11.97% |
| Sep 30, 2023 | -15.53% |
| Jun 30, 2023 | -32.46% |
| Mar 31, 2023 | -24.19% |
| Dec 31, 2022 | -13.26% |
| Sep 30, 2022 | -8.73% |
| Jun 30, 2022 | -0.26% |
| Mar 31, 2022 | -2.65% |
| Dec 31, 2021 | -7.03% |
Opendoor Technologies Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=OPENL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "OPENL", "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-invested-capital-%5Broic%5D&ticker=OPENL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();