GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Better Home & Finance Holding Co (NAS:BETR) » Definitions » 1-Year ROIIC %

Better Home & Finance Holding Co (Better Home & Finance Holding Co) 1-Year ROIIC % : -12.70% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Better Home & Finance Holding Co 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Better Home & Finance Holding Co's 1-Year ROIIC % for the quarter that ended in Mar. 2024 was -12.70%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Better Home & Finance Holding Co's 1-Year ROIIC % or its related term are showing as below:

BETR's 1-Year ROIIC % is ranked worse than
74.36% of 39 companies
in the Banks industry
Industry Median: 1.56 vs BETR: -12.70

Better Home & Finance Holding Co 1-Year ROIIC % Historical Data

The historical data trend for Better Home & Finance Holding Co's 1-Year ROIIC % 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 1-Year ROIIC % Chart

Better Home & Finance Holding Co Annual Data
Trend Dec21 Dec22 Dec23
1-Year ROIIC %
- 28.84 -48.57

Better Home & Finance Holding Co Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only - - - -48.57 -12.70

Competitive Comparison of Better Home & Finance Holding Co's 1-Year ROIIC %

For the Mortgage Finance subindustry, Better Home & Finance Holding Co's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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 1-Year ROIIC % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Better Home & Finance Holding Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Better Home & Finance Holding Co's 1-Year ROIIC % falls into.


Better Home & Finance Holding Co 1-Year ROIIC % Calculation

Better Home & Finance Holding Co's 1-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -238.8512 (Mar. 2024) - -294.3787 (Mar. 2023) )/( 299.488 (Mar. 2024) - 736.836 (Mar. 2023) )
=55.5275/-437.348
=-12.70%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Better Home & Finance Holding Co  (NAS:BETR) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

Better Home & Finance Holding Co 1-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Better Home & Finance Holding Co's 1-Year ROIIC % 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

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Better Home & Finance Holding Co (NAS:BETR) » Definitions » 1-Year ROIIC %
Comparable Companies
VEL GHI FMCC UWMC LDI OCN CNF SNFCA GHLD IOR COOP PFSI NSE:LICHSGFIN NSE:PNBHOUSING WD BOM:543335 TSX:FN LSE:OSB BOM:541988 BOM:511196
Traded in Other Exchanges
N/A
Address
175 Greenwich street, 3 World trade center, 57th floor, New York, NY, USA, 10007
Website
https://www.better.com
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