# Opendoor Technologies Inc (OPEN) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Real Estate / Real Estate Management & Development. Price $3.15, market value $3.1 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Opendoor Technologies Inc reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.9×**. Each dollar of revenue is priced at 0.9×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 3.3×**. The shares trade at 3.3× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -15.5%** (5-yr avg 14.8%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 8.6%**. Opendoor Technologies Inc keeps 8.6% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -16.0%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -29.7%**. The company reported a net loss over the last twelve months.
- **Return on equity: -129.4%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -230.6%**. Return on all capital, debt included, is -230.6%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -63.2%**. Each dollar of assets produces -63.2% of profit.

## Growth
- **Revenue growth (1 yr): -15.2%** (3-yr -34.5%/yr, 5-yr 11.1%/yr). Revenue fell 15.2% over the last year, against 11.1% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -203.6%**. Earnings per share fell 203.6%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 14.4%/yr**. Free cash flow has compounded at 14.4% a year over three years.

## Financial health
- **Debt to equity: 0.13**. Debt is 0.13 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.7×**. It would take 1.7 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 7.03** (quick 7.03). Current assets cover the next year's liabilities 7.03 times.
- **Altman Z-score: 4.30**. A Z-score of 4.30 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Opendoor Technologies Inc does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -47.1%** (YTD -46.0%, 3-mo -28.7%). The shares are down 47.1% over twelve months including dividends.
- **From 52-week high: -71.0%** (4.7% above the low). Trading 71% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 37**. An RSI of 37 is neutral.
- **Beta (1 yr): 3.36** (volatility 119%). Beta of 3.36 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=OPEN · Page: https://foliofundamentals.com/stocks/open

Not investment advice.