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Opendoor TechnologiesOPEN -1.11%57 Debt-to-Equity is 1.40 as of Mar. 2026, which is 50% below its 10-year median of 2.80. GuruFocus rates OPEN with a GF Score™ of 57/100 and a GF Value™ of $1.21 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,541 Real Estate companies, Opendoor Technologies ranks worse than 72.42% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Opendoor Technologies's Debt-to-Equity or its related term are showing as below:
OPEN'
s Debt-to-Equity Range Over the Past 10 Years
Min: -2.04 Med: 2.8 Max: 5.43
Current: 1.4
During the past 8 years, the highest Debt-to-Equity Ratio of Opendoor Technologies was 5.43. The lowest was -2.04. And the median was 2.80.
OPEN's Debt-to-Equity is ranked worse than 72.42% of 1541
companies
in the Real Estate industry
Industry Median: 0.73
vs OPEN: 1.40
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Opendoor Technologies Debt-to-Equity Related Terms
Opendoor Technologies Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Opendoor Technologies's Debt-to-Equity 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.
For the Real Estate Services subindustry, Opendoor Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Opendoor Technologies Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Opendoor Technologies's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Opendoor Technologies's Debt-to-Equity falls into.
* 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.
Opendoor Technologies (OPEN) has a Debt-to-Equity of 1.40 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Opendoor Technologies and its competitors. This is 50% below median its historical median of 2.80. According to the industry distribution chart, Opendoor Technologies ranks #1116 out of 1541 companies in the Real Estate industry, placing it in the top 72.4%.
Is Opendoor Technologies' Debt-to-Equity too high?
Opendoor Technologies' current Debt-to-Equity of 1.40 is 50% below median its 10-year median of 2.80. The Real Estate industry median Debt-to-Equity is 0.73. Opendoor Technologies' value of 1.40 is 91.8% above this industry median. Based on the distribution chart, Opendoor Technologies ranks #1116 out of 1541 companies in the Real Estate industry, which is below the industry midpoint. Overall, Opendoor Technologies has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Opendoor Technologies' Debt-to-Equity compare to CWK and IHS?
According to the Real Estate industry distribution chart, Opendoor Technologies ranks #1116 out of 1541 companies for Debt-to-Equity. This places Opendoor Technologies in the lower half of its industry. The industry median Debt-to-Equity is 0.73. Opendoor Technologies' value of 1.40 is 91.8% above this benchmark. While the company's 10-year median is 2.80 vs. the industry median of 0.73, Opendoor Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.73, based on 1,541 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Opendoor Technologies's current Debt-to-Equity of 1.40 is 91.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Opendoor Technologies and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opendoor Technologies's current Debt-to-Equity is 1.40, which is 50% below median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opendoor Technologies stock overvalued right now?
Based on GuruFocus' analysis, Opendoor Technologies (OPEN) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.21, compared to a current price of $4.43 — trading 266.1% above its estimated fair value. The current Debt-to-Equity is 1.40, which is 50% below median its 10-year median of 2.80 and 91.8% above the Real Estate industry median of 0.73. Opendoor Technologies' overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Opendoor Technologies (OPEN), the current Debt-to-Equity is 1.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Opendoor Technologies (OPEN) Overvalued in 2026?
Based on GuruFocus' analysis, Opendoor Technologies stock appears to be overvalued.
The current stock price of $4.43 is trading 266.1% above its estimated GF Value™ of $1.21.
GuruFocus considers Opendoor Technologies to be Significantly Overvalued.
Key valuation signals for OPEN:
Debt-to-Equity: 1.40 (50% below median its 10-year median of 2.80)
GF Value™: $1.21 vs. price of $4.43 (266.1% above fair value)
Industry Position: 91.8% above the Real Estate median (#1116 of 1541)
No single metric tells the full story. See the OPEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Opendoor Technologies Inc is an end-to-end real estate platform enabling customers to sell and buy a home online. Its product offerings include Sell to Opendoor, its core product where sellers sell their homes directly to the company, and it resells those homes to buyers; List with Opendoor, for customers to list their homes with a partner agent; and Opendoor Marketplace, a capital-light marketplace offering that connects home sellers with both institutional and retail buyers. In addition to these products, the company also offers its customers integrated title insurance and escrow services through its subsidiaries. A vast majority of the company's revenue is generated by its core product offering, where it acquires homes directly from sellers and resells those homes to buyers.
57GF Score
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