BETR (Better Home & Finance Holding Co) EBIT: $-153.7 Mil (TTM As of Mar. 2026)


BETR Better Home & Finance Holding Co BETR
26 GF Score
Price $25.68
GF Value $34.42
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Better Home & Finance Holding Co EBIT?

Better Home & Finance Holding Co BETR +0.55% 26 EBIT is $-153.7 Mil as of Mar. 2026. GuruFocus rates BETR with a GF Score™ of 26/100 and a GF Value™ of $34.42 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Better Home & Finance Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-50.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-153.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Better Home & Finance Holding Co's annualized ROC % for the quarter that ended in Mar. 2026 was -13.31%. Better Home & Finance Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -876.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Better Home & Finance Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -13.59%.


Better Home & Finance Holding Co  (NAS:BETR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Better Home & Finance Holding Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-183.352 * ( 1 - 3.08% )/( (1227.268 + 1443.419)/ 2 )
=-177.7047584/1335.3435
=-13.31 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1505.434 - 74.732 - ( 203.434 - max(0, 1254.38 - 1461.623+203.434))
=1227.268

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1568.795 - 61.111 - ( 64.265 - max(0, 1347.413 - 1527.411+64.265))
=1443.419

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Better Home & Finance Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-203.664/( ( (6.621 + max(-795.393, 0)) + (6.404 + max(33.452, 0)) )/ 2 )
=-203.664/( ( 6.621 + 39.856 )/ 2 )
=-203.664/23.2385
=-876.41 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 47.125) - (74.732 + 762.984 + 4.8020000000001)
=-795.393

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 873.284) - (61.111 + 0 + 778.721)
=33.452

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Better Home & Finance Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-153.689/1130.892
=-13.59 %

* 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.


Better Home & Finance Holding Co EBIT Related Terms


Better Home & Finance Holding Co EBIT Historical Data

* Premium members only.

The historical data trend for Better Home & Finance Holding Co's EBIT 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.

Better Home & Finance Holding Co EBIT Chart

Better Home & Finance Holding Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
-202.54 -572.80 -280.87 -188.02 -149.48

Better Home & Finance Holding Co Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -44.12 -31.82 -32.42 -38.53 -50.92

BETR vs VEL, LDI, ONIT: EBIT Comparison

For the Mortgage Finance subindustry, Better Home & Finance Holding Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Banks Industry

For the Banks industry and Financial Services sector, Better Home & Finance Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Better Home & Finance Holding Co's EV-to-EBIT falls into.


BETR
26GF Score
Better Home & Finance Holding Co BETR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Better Home & Finance Holding Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-153.7 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-153.7 Mil mean?
Better Home & Finance Holding Co (BETR) has a EBIT of $-153.7 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Better Home & Finance Holding Co.
Is Better Home & Finance Holding Co's EBIT too high?
Better Home & Finance Holding Co's current EBIT is $-153.7 Mil. Overall, Better Home & Finance Holding Co has a GF Score™ of 26/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Better Home & Finance Holding Co's EBIT compare to VEL and LDI?
Better Home & Finance Holding Co's EBIT of $-153.7 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Banks company?
A good EBIT depends on the Banks industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Better Home & Finance Holding Co. Better Home & Finance Holding Co's current EBIT is $-153.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Better Home & Finance Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Better Home & Finance Holding Co (BETR) is currently considered Modestly Undervalued. The stock's GF Value™ is $34.42, compared to a current price of $25.68 — trading 25.4% below its estimated fair value. The current EBIT is $-153.7 Mil. Better Home & Finance Holding Co's overall GF Score™ is 26/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Better Home & Finance Holding Co (BETR), the current EBIT is $-153.7 Mil 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 Better Home & Finance Holding Co (BETR) Overvalued in 2026?

Based on GuruFocus' analysis, Better Home & Finance Holding Co stock appears to be undervalued. The current stock price of $25.68 is trading 25.4% below its estimated GF Value™ of $34.42. GuruFocus considers Better Home & Finance Holding Co to be Modestly Undervalued.

Key valuation signals for BETR:

  • EBIT: $-153.7 Mil
  • GF Value™: $34.42 vs. price of $25.68 (25.4% below fair value)
  • GF Score™: 26/100 with 7 warning signs

No single metric tells the full story. See the BETR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Better Home & Finance Holding Co Business Description

Other Exchanges V6L:Germany
Address 285 Fulton Street, Suite A, 80th Floor, 1 World Trade Center, New York, NY, USA, 10007
Better Home & Finance Holding Co is a technology-enabled homeownership company that provides mortgage, home equity, and related services through a digital platform. The company operates through two reportable segments: Home Finance, which focuses on residential mortgage origination, including purchase, refinance, and home equity products, generating revenue mainly from loan sales; and Banking, which, through its U.K. subsidiary Birmingham Bank, offers a range of financial products and services to consumers and small businesses. It generates the majority of its revenue from the Home Finance segment.
26GF Score

Get the complete analysis for BETR

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.68
Price
$34.42
GF Value