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Better Home & Finance Holding Co (Better Home & Finance Holding Co) Operating Margin % : -519.04% (As of Dec. 2023)


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What is Better Home & Finance Holding Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Better Home & Finance Holding Co's Operating Income for the three months ended in Dec. 2023 was $-59.10 Mil. Better Home & Finance Holding Co's Revenue for the three months ended in Dec. 2023 was $11.39 Mil. Therefore, Better Home & Finance Holding Co's Operating Margin % for the quarter that ended in Dec. 2023 was -519.04%.

The historical rank and industry rank for Better Home & Finance Holding Co's Operating Margin % or its related term are showing as below:

BETR' s Operating Margin % Range Over the Past 10 Years
Min: -296.2   Med: -150.7   Max: -11.64
Current: -296.2


BETR's Operating Margin % is ranked worse than
97.78% of 45 companies
in the Banks industry
Industry Median: 17.88 vs BETR: -296.20

Better Home & Finance Holding Co's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Better Home & Finance Holding Co's Operating Income for the three months ended in Dec. 2023 was $-59.10 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-262.14 Mil.


Better Home & Finance Holding Co Operating Margin % Historical Data

The historical data trend for Better Home & Finance Holding Co's Operating 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.

Better Home & Finance Holding Co Operating Margin % Chart

Better Home & Finance Holding Co Annual Data
Trend Dec21 Dec22 Dec23
Operating Margin %
-11.64 -150.70 -296.20

Better Home & Finance Holding Co Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial -2,318.66 -316.01 -116.63 -459.05 -519.04

Competitive Comparison of Better Home & Finance Holding Co's Operating Margin %

For the Mortgage Finance subindustry, Better Home & Finance Holding Co's Operating Margin %, along with its competitors' market caps and Operating 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.


Better Home & Finance Holding Co's Operating Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Better Home & Finance Holding Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Better Home & Finance Holding Co's Operating Margin % falls into.



Better Home & Finance Holding Co Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Better Home & Finance Holding Co's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-262.137 / 88.5
=-296.20 %

Better Home & Finance Holding Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-59.103 / 11.387
=-519.04 %

* 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.


Better Home & Finance Holding Co  (NAS:BETR) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Better Home & Finance Holding Co Operating Margin % Related Terms

Thank you for viewing the detailed overview of Better Home & Finance Holding Co's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Better Home & Finance Holding Co (Better Home & Finance Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
175 Greenwich street, 3 World trade center, 57th floor, New York, NY, USA, 10007
Better Home & Finance Holding Co is a digital-first homeownership company whose services included mortgage, real estate, title, and homeowners insurance. The company has combined technology innovation and fresh thinking with a deep customer focus with the goal to revolutionize the homeownership industry.
Executives
Activant Ventures Iii Opportunities Fund 6, Lp director, 10 percent owner 323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Sb Management Ltd 10 percent owner 9TH FLOOR, AL SILA TOWER, ADGM SQUARE, AL MARYAH ISLAND, ABU DHABI C0 NA
Riaz Valani director, 10 percent owner C/O OUSTER, INC., 350 TREAT AVENUE, SAN FRANCISCO CA 94110
Kevin J Ryan officer: Chief Financial Officer C/O WESLEY JESSEN VISIONCARE INC, 333 EAST HOWARD AVE, DES PLAINES IL 60018-5903
Vishal Garg director, 10 percent owner, officer: Chief Executive Officer C/O MRU HOLDINGS, INC., 1114 AVENUE OF THE AMERICAS, NEW YORK NY 10036
J. Calamari Nicholas officer: CAO and Senior Counsel 450 PARK AVE, STE. 2702, NEW YORK NY 10022
Activant Ventures Iii, Lp director, 10 percent owner 323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Activant Ventures Iii Opportunities Fund 1, Lp director, 10 percent owner 323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Activant Ventures Iii Opportunities Fund 2, Lp director, 10 percent owner 323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Activant Ventures Iii Opportunities Fund 3, Lp director, 10 percent owner 323 RAILROAD AVE., 2ND FLOOR, GREENWICH CT 06830
Activant Ventures Iii Opportunities Fund 4, Lp director, 10 percent owner 323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Softbank Group Corp 10 percent owner 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Paula Tuffin officer: General Counsel and CCO 3 WORLD TRADE CENTER, 175 GREENWICH ST 57TH FLOOR, NEW YORK NY 10007
Svf Ii Beaver (de) Llc 10 percent owner 300 EL CAMINO REAL, MENLO PARK CA 94025
1/0 Mortgage Investment, Llc other: Shareholder 60 EAST 42ND STREET, SUITE 3014, NEW YORK NY 10165