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BETR

BETR

Better Home & Finance Holding Company

$12.16
-0.98
 (-7.46%)
Exchange:  NASDAQ
Market Cap:  190.536M
Shares Outstanding:  74.819M
Delayed data
Calculate BETR Intrinsic Value
5-year outlook →
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial ServicesView sector performance
Industry:  Financial – MortgagesView industry performance
   
CEO:  Daniel Seth Lewis
Full Time Employees:  1329
Address: 
3 World Trade Center
New York City
NY
10007
US
Website:  https://better.com
Better Home & Finance Holding Company operates as a U.S.-based enterprise dedicated to various facets of homeownership. The company provides a comprehensive suite of mortgage products, including Government-Sponsored Enterprise (GSE) conforming loans, FHA-insured loans, VA-guaranteed loans, and jumbo loans. These lending solutions are offered to a diverse client base that encompasses GSEs, banks, insurance providers, asset managers, and mortgage real estate investment trusts. Additionally, its service portfolio extends to real estate agency, title insurance, settlement coordination, and homeowners’ insurance. Formerly known as Better Mortgage Corporation, the company officially rebranded to Better Home & Finance Holding Company in August 2023. Its corporate headquarters are located in New York, New York.

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Revenue Segmentation

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Industry Peers

TICKERCOMPANYMKT CAPP/EFWD P/EROIC
BEBETR logoBETRBetter Home & Finance Holding Company190.5M——-7.9%
LDLDI logoLDIloanDepot, Inc.225.4M—4.543.2%
GHGHI logoGHIGreystone Housing Impact Investors LP140.4M—12.7-0.2%
ONONIT logoONITOnity Group Inc.265.4M1.92.92.6%
CNCNF logoCNFCNFinance Holdings Limited18.0M—57.51.9%
VEVEL logoVELVelocity Financial, Inc.621.0M5.85.6114.2%

EPS

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2026/05/08 — Q1 quarter 2026

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue88,500120,053191,373
Gross Profit-61,311-42,524148,734
EBITDA-459,935-154,789-108,905
Operating Income-291,276-188,016-122,975
Net Income-536,420-206,290-165,871

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets905,554913,0571,505,434
Total Liabilities782,954971,2271,468,251
Total Stockholders Equity122,600-58,17037,183
Total Debt672,064767,900615,293
Cash and Cash Equivalents503,591211,101116,615

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(* All numbers are in thousands)

Cash Flow Statement

Year202320242025
Operating Cash Flow-159,720-379,971-232,154
Capital Expenditure-9,778-10,082-1,193
Free Cash Flow-169,498-390,053-233,347
Net Income-536,420-206,290-165,871
Net Change in Cash182,001-292,549-118,902

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2028Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Low)309,263.598Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (High)441,121.784Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Avg)361,396.800Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Low)16,397.225Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (High)16,522.875Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Avg)16,460.050Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Low)-613.879Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (High)-488.229Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Avg)-551.054Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Low)194,656.719Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (High)277,650.910Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Avg)227,470.404Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Avg)-0.040Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (High)-0.030Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Low)-0.040Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated Revenue)3Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated EPS)1Research AccessResearch AccessResearch AccessResearch Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
129.531M  ?P/S
 (TTM)
: 
0.89
?Net Income
 (TTM)
: 
-206290000  ?P/E
 (TTM)
: 
-1.09
?Enterprise Value
 (TTM)
: 
734.802M  ?EV/FCF
 (TTM)
: 
-3.11
?Dividend Yield
 (TTM)
: 
0%  ?Payout Ratio
 (TTM)
: 
0%
?ROE
 (TTM)
: 
-465.27%  ?ROIC
 (TTM)
: 
-7.92%
?Net Debt
 (TTM)
: 
478.609M  ?Debt/Equity
 (TTM)
: 
11.36
?P/B
 (TTM)
: 
3.89  ?Current Ratio
 (TTM)
: 
0.28

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Research Access for high/low estimates and the interactive table.

Forward P/E 1YResearch AccessResearch AccessResearch AccessResearch Access
N/AResearch AccessResearch AccessResearch AccessResearch Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

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Common questions about BETR valuation

Is Better Home & Finance Holding Company (BETR) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for Better Home & Finance Holding Company (BETR) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is BETR a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether BETR trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is BETR’s P/E ratio?

You can see BETR’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for BETR?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is BETR a good long-term investment?

Whether BETR fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

BETR

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

-7.46
MARKETSnap

Trading Metrics:

Open: 13.01   Previous Close: 13.14
Day Low: 12.02   Day High: 13.01
Year Low: 11.11   Year High: 92.69
Price Avg 50: 16.27   Price Avg 200: 28.6
Volume: 464274   Average Volume: 490141

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See in Nexus

Relevant news

Better Home & Finance Opens Investigation into Serious Allegations of Breach of Fiduciary Duty by Director and Former CEO Vishal Garg
23-09-2026 20:34
Better Home & Finance Opens Investigation into Serious Allegations of Breach of Fiduciary Duty by Director and Former CEO Vishal Garg
BETR Stockholder Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Lawsuit Against Better Home & Finance Holding Company
23-09-2026 17:56
BETR Stockholder Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Lawsuit Against Better Home & Finance Holding Company
Better Home & Finance (NASDAQ: BETR) Faces Securities Class Action Amid 75% Sequential Increase in Net Loss, Dimmed Loan Volume Prospects -- HBSS
23-09-2026 17:02
Better Home & Finance (NASDAQ: BETR) Faces Securities Class Action Amid 75% Sequential Increase in Net Loss, Dimmed Loan Volume Prospects -- HBSS
Deadline Soon: Better Home & Finance Holding Company (BETR) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
23-09-2026 13:00
Deadline Soon: Better Home & Finance Holding Company (BETR) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
BETR SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Better Home & Finance Holding Investors of Securities Class Action Lawsuit Deadline on November 20, 2026
23-09-2026 09:56
BETR SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Better Home & Finance Holding Investors of Securities Class Action Lawsuit Deadline on November 20, 2026
BETR Investors Have Opportunity to Lead Better Home & Finance Holding Company Securities Fraud Lawsuit with SBS Law
22-09-2026 23:10
BETR Investors Have Opportunity to Lead Better Home & Finance Holding Company Securities Fraud Lawsuit with SBS Law

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