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Offerpad Solutions (Offerpad Solutions) Net Margin % : -6.42% (As of Dec. 2023)


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What is Offerpad Solutions Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Offerpad Solutions's Net Income for the three months ended in Dec. 2023 was $-15 Mil. Offerpad Solutions's Revenue for the three months ended in Dec. 2023 was $240 Mil. Therefore, Offerpad Solutions's net margin for the quarter that ended in Dec. 2023 was -6.42%.

The historical rank and industry rank for Offerpad Solutions's Net Margin % or its related term are showing as below:

OPAD' s Net Margin % Range Over the Past 10 Years
Min: -8.92   Med: -3.76   Max: 0.31
Current: -8.92


OPAD's Net Margin % is ranked worse than
72.1% of 1785 companies
in the Real Estate industry
Industry Median: 5.81 vs OPAD: -8.92

Offerpad Solutions Net Margin % Historical Data

The historical data trend for Offerpad Solutions's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Offerpad Solutions Net Margin % Chart

Offerpad Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
-4.83 -2.17 0.31 -3.76 -8.92

Offerpad Solutions Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.89 -9.75 -9.71 -8.53 -6.42

Competitive Comparison of Offerpad Solutions's Net Margin %

For the Real Estate Services subindustry, Offerpad Solutions's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Offerpad Solutions's Net Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Offerpad Solutions's Net Margin % distribution charts can be found below:

* The bar in red indicates where Offerpad Solutions's Net Margin % falls into.



Offerpad Solutions Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Offerpad Solutions's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-117.218/1314.412
=-8.92 %

Offerpad Solutions's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-15.441/240.458
=-6.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Offerpad Solutions  (NYSE:OPAD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Offerpad Solutions Net Margin % Related Terms

Thank you for viewing the detailed overview of Offerpad Solutions's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Offerpad Solutions (Offerpad Solutions) Business Description

Traded in Other Exchanges
N/A
Address
2150 E. Germann Road, Suite 1, Chandler, AZ, USA, 85286
Offerpad Solutions Inc provides a way to buy and sell a home. It uses technology-enabled solutions to remake the home selling and buying experience by offering customers the convenience, control, and certainty to solve their housing needs. It combines fundamental real estate expertise with the data-driven digital Solutions Center platform to give users a holistic, customer-centric experience, enabling them to efficiently sell and buy their homes online with streamlined access to other services including mortgage, listing, and buyer representation services.
Executives
Jawad A Ahsan officer: Chief Financial Officer 17800 N 85TH ST, SCOTTSDALE AZ 85255
Roberto Marco Sella director 2400 MARKET STREET, SUITE 302, PHILADELPHIA PA 19103
Kenneth D Degiorgio director
Ryan Ohara director 6922 HOLLYWOOD BLVD., 12TH FL, LOS ANGELES CA 90028
Stephen Michael Johnson officer: Chief Operating Officer C/O OFFERPAD SOLUTIONS INC., 2150 E GERMAN ROAD, SUITE 1, CHANDLER AZ 85286
Benjamin Adam Aronovitch officer: Chief Legal Officer C/O OFFERPAD SOLUTIONS INC., 2150 E GERMAN ROAD, SUITE 1, CHANDLER AZ 85286
Brian Bair director, officer: Chief Executive Officer C/O OFFERPAD SOLUTIONS INC., 2150 E GERMAN ROAD, SUITE 1, CHANDLER AZ 85286
Katherine Curnutte director 4301 50TH STREET, N.W., SUITE 300, PMB 1044, WASHINGTON DC 20007
Ll Capital Partners I, L.p. 10 percent owner C/O LL FUNDS, LLC, 2400 MARKET STREET, SUITE 302, PHILADELPHIA PA 19103
Michael S. Burnett officer: Chief Financial Officer 8601 NORTH SCOTTSDALE ROAD, SUITE 225, SCOTTSDALE AZ 85253
First American Financial Corp 10 percent owner 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Sheryl Palmer director 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Supernova Partners Llc 10 percent owner 4520 DEXTER STREET, N.W., WASHINGTON DC 20007
Michael S. Clifton officer: Chief Financial Officer C/O SUPERNOVA PARTNERS ACQUISITION CO., 4520 DEXTER STREET, N.W., WASHINGTON DC 20007
Gregg Renfrew director C/O SUPERNOVA PARTNERS ACQUISITION CO., 4520 DEXTER STREET, N.W., WASHINGTON DC 20007

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