Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Opendoor Technologies's annualized net income for the quarter that ended in Mar. 2026 was $-692 Mil. Opendoor Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $977 Mil. Therefore, Opendoor Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -70.87%.
The historical rank and industry rank for Opendoor Technologies's Return-on-Tangible-Equity or its related term are showing as below:
OPEN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -172.17 Med: -57.85 Max: -27.12
Current: -172.17
During the past 8 years, Opendoor Technologies's highest Return-on-Tangible-Equity was -27.12%. The lowest was -172.17%. And the median was -57.85%.
OPEN's Return-on-Tangible-Equity is ranked worse than 98.78% of 1718
companies
in the Real Estate industry
Industry Median: 4.195
vs OPEN: -172.17
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Opendoor Technologies Return-on-Tangible-Equity Related Terms
Opendoor Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Opendoor Technologies's Return-on-Tangible-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.
OPEN vs CWK, IHS, NMRK: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Opendoor Technologies's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Opendoor Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Opendoor Technologies's Return-on-Tangible-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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -70.87% mean?
Opendoor Technologies (OPEN) has a Return-on-Tangible-Equity of -70.87% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Opendoor Technologies and its competitors. According to the industry distribution chart, Opendoor Technologies ranks #1697 out of 1718 companies in the Real Estate industry, placing it in the top 98.8%.
Is Opendoor Technologies' Return-on-Tangible-Equity too high?
Opendoor Technologies' current Return-on-Tangible-Equity is -70.87%. Based on the distribution chart, Opendoor Technologies ranks #1697 out of 1718 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Opendoor Technologies has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Opendoor Technologies' Return-on-Tangible-Equity compare to CWK and IHS?
According to the Real Estate industry distribution chart, Opendoor Technologies ranks #1697 out of 1718 companies for Return-on-Tangible-Equity. This places Opendoor Technologies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.20, based on 1,718 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Opendoor Technologies and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opendoor Technologies's current Return-on-Tangible-Equity is -70.87%. 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 $1.23, compared to a current price of $4.62 — trading 275.6% above its estimated fair value. The current Return-on-Tangible-Equity is -70.87%. Opendoor Technologies' overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Opendoor Technologies (OPEN), the current Return-on-Tangible-Equity is -70.87% 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 $4.62 is trading 275.6% above its estimated GF Value™ of $1.23.
GuruFocus considers Opendoor Technologies to be Significantly Overvalued.
Key valuation signals for OPEN:
Return-on-Tangible-Equity: -70.87%
GF Value™: $1.23 vs. price of $4.62 (275.6% above fair value)
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.
56GF Score
Get the complete analysis for OPEN
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OPEN has been successfully added to your 
