Better Home & Finance Holding Company (BETR) Key Metrics
BETR valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $189.2M
- Enterprise value
- $786.5M
- P/E (TTM)
- —
- Forward P/E
- 51.8
- PEG ratio
- —
- Price / sales
- 1.0
- Price / book
- 4.0
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 1.75
BETR key metrics, 2015–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBETR valuation Price multiples at each fiscal year-end price.
Price / sales+132.5%
2.6
2025 · hover or tap a bar for each year
20152025
Free cash flow yield+242.7 pts
−46.7%
2025 · hover or tap a bar for each year
20152025
BETR returns How much profit the business earns on the capital it uses.
Return on invested capital+19.7 pts
−22.2%
2025 · hover or tap a bar for each year
20152025
Return on assets+9.0 pts
−13.7%
2025 · hover or tap a bar for each year
20152025
Free cash flow margin+203.0 pts
−121.9%
2025 · hover or tap a bar for each year
20152025
Asset turnover+19.9%
0.16
2025 · hover or tap a bar for each year
20152025
BETR per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+57.1%
$12.48
2025 · hover or tap a bar for each year
20152025
Earnings per share
−$10.82
2025 · hover or tap a bar for each year
20152025
Free cash flow per share
−$15.22
2025 · hover or tap a bar for each year
20152025
Book value per share
$2.42
2025 · hover or tap a bar for each year
20152025
Shares outstanding+1.5%
15.3M
2025 · hover or tap a bar for each year
20152025
BETR financial health Debt, liquidity and how easily interest is covered.
Debt / equity
16.55
2025 · hover or tap a bar for each year
20152025
Net debt−$108.0M
$395.1M
2025 · hover or tap a bar for each year
20152025
Current ratio−70.7%
0.58
2025 · hover or tap a bar for each year
20152025
Interest coverage
-2.9
2025 · hover or tap a bar for each year
20152025
Debt / assets−51.4%
0.41
2025 · hover or tap a bar for each year
20152025
BETR efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−52 days
51 days
2025 · hover or tap a bar for each year
20152025
Days payables outstanding+396 days
525 days
2025 · hover or tap a bar for each year
20152025
Cash conversion cycle−1,163 days
-474 days
2025 · hover or tap a bar for each year
20152025
Capex / revenue−7.8 pts
0.6%
2025 · hover or tap a bar for each year
20152025
BETR valuation history
Fiscal year-endToday8-year median
BETR returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BETR debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BETR cash returned to shareholders
DividendsBuybacksFree cash flow
BETR price vs earnings per share
Share price at year-endEPS (right axis)
BETR key metrics
2015–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||
| Market capitalization | $499.6M | $134.8M | — | — | — | — | — | — |
| Enterprise value | $894.7M | $637.8M | — | — | — | — | — | — |
| Price / sales | 2.6 | 1.1 | — | — | — | — | — | — |
| Price / book | 13.4 | — | — | — | — | — | — | — |
| EV / sales | 4.7 | 5.3 | — | — | — | — | — | — |
| Earnings yield | −33.2% | −153.0% | — | — | — | — | — | — |
| Free cash flow yield | −46.7% | −289.4% | — | — | — | — | — | — |
| Share price at fiscal year-end | $32.58 | $8.92 | $40.85 | $504.50 | $495.00 | — | — | — |
| Per share | ||||||||
| Revenue per share | $12.48 | $7.94 | — | — | — | — | — | — |
| Earnings per share | −$10.82 | −$13.65 | — | — | — | — | — | — |
| Operating cash flow per share | −$15.14 | −$25.14 | — | — | — | — | — | — |
| Free cash flow per share | −$15.22 | −$25.81 | — | — | — | — | — | — |
| Cash per share | $14.36 | $17.53 | — | — | — | — | — | — |
| Book value per share | $2.42 | −$3.85 | — | — | — | — | — | — |
| Tangible book value per share | $0.27 | −$6.80 | — | — | — | — | — | — |
| Capex per share | $0.08 | $0.67 | — | — | — | — | — | — |
| Debt per share | $40.12 | $50.81 | — | — | — | — | — | — |
| Shares outstanding | 15.3M | 15.1M | — | — | — | — | — | — |
| Change in shares outstanding | +1.5% | — | — | — | — | — | — | — |
| Returns & profitability | ||||||||
| Return on equity (ROE) | — | — | — | — | −44.5% | — | 81.3% | 64.1% |
| Return on invested capital (ROIC) | −22.2% | −41.8% | −52.6% | −50.0% | −9.0% | — | 124.1% | 139.0% |
| Return on assets (ROA) | −13.7% | −22.7% | −53.9% | −40.0% | −9.1% | — | 4.6% | 2.7% |
| Return on tangible assets | −11.3% | −23.8% | −64.2% | −87.4% | −9.4% | — | 21.6% | 22.5% |
| Free cash flow margin | −121.9% | −324.9% | −191.5% | 228.5% | 22.3% | — | −2.5% | 25.1% |
| Income quality (OCF / net income) | — | — | — | — | — | — | −0.03 | 4.75 |
| Financial health | ||||||||
| Total debt | $615.3M | $767.9M | $672.1M | $1.10B | $2.37B | — | $7.7M | $16.5M |
| Cash & short-term investments | $220.2M | $264.9M | $529.2M | $318.0M | $938.3M | — | $10.3M | $18.8M |
| Net debt | $395.1M | $503.0M | $142.9M | $778.0M | $1.43B | — | −$2.7M | −$2.2M |
| Debt / equity | 16.55 | — | 5.48 | — | 3.50 | — | 0.15 | 1.07 |
| Debt / assets | 0.41 | 0.84 | 0.74 | 1.01 | 0.72 | — | 0.01 | 0.05 |
| Net debt / EBITDA | — | — | — | — | — | — | −0.04 | −0.05 |
| Current ratio | 0.58 | 1.98 | 3.80 | 2.62 | 1.32 | 3.70 | 1.32 | 0.65 |
| Quick ratio | 0.58 | 0.83 | 3.15 | 2.62 | 1.32 | 3.70 | 1.02 | 0.54 |
| Interest coverage | -2.9 | — | -9.2 | -2.8 | -2.4 | — | 2.6 | 2.9 |
| Working capital | −$175.2M | $426.3M | $583.8M | $429.5M | $745.9M | $2.14B | $19.2M | −$20.5M |
| Invested capital | $432.3M | $444.9M | $265.5M | $610.1M | $2.11B | — | $49.1M | $13.2M |
| Tangible asset value | $4.2M | −$102.7M | $52.1M | −$247.3M | $584.1M | — | −$660.2M | −$301.5M |
| Net current asset value | −$1.23B | −$109.4M | $9.1M | −$557.1M | $462.7M | — | −$707.3M | −$306.5M |
| Graham net-net per share | −$80.35 | −$28.55 | — | — | — | — | — | — |
| Capital allocation | ||||||||
| Dividends paid | — | — | — | — | — | — | — | $22.3M |
| Share buybacks (net) | — | — | $0 | $7.9M | $5.6M | — | $10.3M | $18.8M |
| Dividend payout ratio | — | — | — | — | — | — | — | 225.4% |
| Dividends + buybacks / free cash flow | — | — | — | 0.9% | 1.9% | — | — | 88.8% |
| Capex / revenue | 0.6% | 8.4% | 11.0% | 8.9% | 5.2% | — | 2.2% | 0.4% |
| Capex / operating cash flow | — | — | — | 3.8% | 19.0% | — | — | 1.7% |
| Capex / depreciation | 0.08 | 0.30 | 0.23 | 0.71 | 2.52 | 3.56 | 0.63 | 0.14 |
| Stock-based compensation / revenue | 10.7% | 22.3% | 61.2% | 7.7% | 4.2% | — | 2.1% | 1.8% |
| R&D / revenue | — | — | 94.7% | 31.5% | 11.0% | — | — | — |
| SG&A / revenue | 43.7% | 71.8% | 129.9% | 42.7% | 26.7% | — | 14.1% | 25.2% |
| Efficiency | ||||||||
| Days sales outstanding | 50.8 | 102.7 | 692.8 | 139.1 | 345.2 | — | 36.9 | 23.8 |
| Days of inventory on hand | — | 715.2 | 166.5 | 0.6 | 0.4 | — | 32.5 | 30.8 |
| Days payables outstanding | 525.1 | 128.7 | 181.5 | 56.8 | 48.4 | — | 54.3 | 41.9 |
| Cash conversion cycle (days) | -474.4 | 689.1 | 677.8 | 82.9 | 297.2 | — | 15.2 | 12.6 |
| Receivables turnover | 7.19 | 3.56 | 0.53 | 2.62 | 1.06 | 0.00 | 9.88 | 15.36 |
| Payables turnover | 0.70 | 2.84 | 2.01 | 6.43 | 7.54 | — | 6.72 | 8.70 |
| Inventory turnover | — | 0.51 | 2.19 | 613.51 | 863.90 | — | 11.22 | 11.86 |
| Asset turnover | 0.16 | 0.13 | 0.09 | 0.18 | 0.40 | — | 0.45 | 0.51 |
| Average receivables | $26.6M | $33.8M | $168.0M | $150.6M | $1.24B | $1.26B | $27.4M | $12.0M |
| Average payables | $61.3M | $57.3M | $74.5M | $107.8M | $128.6M | $78.2M | $20.9M | $9.3M |
| Average inventory | — | $318.6M | $68.4M | $1.1M | $1.1M | — | $12.5M | $6.8M |
| Intangibles / total assets | 2.2% | 4.9% | 7.8% | 7.3% | 2.8% | — | 84.9% | 87.8% |
Computed from BETR's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BETR valuation and financial ratios
Better Home & Finance earned a return on invested capital of −22.2% in fiscal 2025. It ended the year with $615.3 million of debt and $220.2 million in cash and short-term investments, net debt of $395.1 million.
See the BETR income statement, the BETR chart for price history, or the BETR stock overview for the latest quote and news.
BETR key metrics FAQ
What is Better Home & Finance's ROIC?
Better Home & Finance's return on invested capital was −22.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Better Home & Finance have?
Better Home & Finance had total debt of $615.3 million at the end of fiscal 2025, a debt-to-equity ratio of 16.55.
What is Better Home & Finance's free cash flow yield?
Better Home & Finance generated -$233.3 million of free cash flow in fiscal 2025, a free cash flow yield of −46.7% on its market value at year-end ($499.6 million).
What is Better Home & Finance's current ratio?
Better Home & Finance's current ratio was 0.58 at the end of fiscal 2025: current assets were 0.58 times current liabilities.