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Better Home & Finance BETR Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Net margin-103.2%+71.4pp-101.4%+88.8pp-128.3%+67.3pp-154.7%+490pp-174.7%+484pp
EBITDA margin-61.8%+66.5pp-65.1%+73.8pp-88.4%+63.1pp-111.6%+158pp-128.3%+95.6pp
Free cash flow margin-133.4%+205pp-104.9%+248pp-152.9%+200pp-179.5%-338.1%
Returns
Return on assets-14.4%+7.8pp-13.7%+9.0pp-16.6%+5.6pp-18.3%+34.6pp-22.2%+29.9pp
Efficiency
Asset turnover0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Leverage
Debt-to-equity0.5×0.1×0.1×-12.3×0.1×-0.5×
Debt-to-assets0.0×0.0×0.0×0.0×0.0×
Interest coverage-3×+5.5×-2.9×+5.6×-4.3×+7.0×-6.2×+11.3×-8.5×+3.7×
Per Share
Book value per share$0.52+108%$2.42+163%$2.75+10,584%$5.04+69.5%-$6.73-233%
Valuation
Market capitalization$482.69M+142%$511.4M+278%$858.46M+219%$187.47M-45.9%$165.58M-55.6%
Enterprise value$413.4M+360%$427.74M+643%$777.14M+1,989%$95.72M+260%$56.29M+217%
Price / sales2.7×+1.0×3.1×+1.9×5.9×+3.3×1.4×-3.0×1.4×-3.5×
Price / book56.4×13.8×20.5×-674×2.4×-5.3×
EV / sales2.3×+1.5×2.6×+3.3×5.4×+5.0×0.7×+0.4×0.5×+1.1×
Free cash flow yield-49.7%+150pp-33.6%+250pp-25.7%+107pp-123.9%-240%
Earnings yield-38.5%+64.6pp-32.4%+120pp-21.6%+51.9pp-106.8%+36.7pp-124%+10.1pp

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Questions, answered.

Where do Better Home & Finance's ratios come from?
Every ratio is computed from Better Home & Finance's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.