Opendoor Technologies Inc (OPEN) - Net Assets
Based on the latest financial reports, Opendoor Technologies Inc (OPEN) has net assets worth $1.00 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.41 Billion) and total liabilities ($1.40 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Opendoor Technologies Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.00 Billion |
| % of Total Assets | 41.75% |
| Annual Growth Rate | 6.0% |
| 5-Year Change | -55.29% |
| 10-Year Change | N/A |
| Growth Volatility | 85.21 |
Opendoor Technologies Inc - Net Assets Trend (2018–2025)
This chart illustrates how Opendoor Technologies Inc's net assets have evolved over time, based on quarterly financial data. Also explore Opendoor Technologies Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Opendoor Technologies Inc (2018–2025)
The table below shows the annual net assets of Opendoor Technologies Inc from 2018 to 2025. For live valuation and market cap data, see Opendoor Technologies Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.00 Billion | +40.95% |
| 2024-12-31 | $713.00 Million | -26.27% |
| 2023-12-31 | $967.00 Million | -10.96% |
| 2022-12-31 | $1.09 Billion | -51.69% |
| 2021-12-31 | $2.25 Billion | +44.75% |
| 2020-12-31 | $1.55 Billion | +311.84% |
| 2019-12-31 | $-733.10 Million | -209.66% |
| 2018-12-31 | $668.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Opendoor Technologies Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 458694400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $6.04 Billion | 600.80% |
| Total Equity | $1.00 Billion | 100.00% |
Opendoor Technologies Inc Competitors by Market Cap
The table below lists competitors of Opendoor Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anhui Yingjia Distillery Co Ltd
SHG:603198
|
$4.45 Billion |
|
BIDVEST SP.ADR/2 RC-05
F:NQL
|
$4.45 Billion |
|
Sany Heavy Energy Co. Ltd. A
SHG:688349
|
$4.45 Billion |
|
Eastern Bankshares Inc
NASDAQ:EBC
|
$4.45 Billion |
|
Alior Bank S.A.
WAR:ALR
|
$4.45 Billion |
|
Grupo Elektra S.A.B. de C.V
MX:ELEKTRA
|
$4.44 Billion |
|
Orla Mining Ltd
TO:OLA
|
$4.44 Billion |
|
Page Industries Limited
NSE:PAGEIND
|
$4.44 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Opendoor Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 713,000,000 to 1,005,000,000, a change of 292,000,000 (41.0%).
- Net loss of 1,300,000,000 reduced equity.
- Share repurchases of 1,184,000,000 reduced equity.
- New share issuances of 1,423,000,000 increased equity.
- Other factors increased equity by 1,353,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.30 Billion | -129.35% |
| Share Repurchases | $1.18 Billion | -117.81% |
| Share Issuances | $1.42 Billion | +141.59% |
| Other Changes | $1.35 Billion | +134.63% |
| Total Change | $- | 40.95% |
Book Value vs Market Value Analysis
This analysis compares Opendoor Technologies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.44x to 4.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $1.23 | $5.44 | x |
| 2019-12-31 | $-9.17 | $5.44 | x |
| 2020-12-31 | $14.21 | $5.44 | x |
| 2021-12-31 | $3.79 | $5.44 | x |
| 2022-12-31 | $1.73 | $5.44 | x |
| 2023-12-31 | $1.47 | $5.44 | x |
| 2024-12-31 | $1.02 | $5.44 | x |
| 2025-12-31 | $1.31 | $5.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Opendoor Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -129.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -29.74%
- • Asset Turnover: 1.82x
- • Equity Multiplier: 2.40x
- Recent ROE (-129.35%) is below the historical average (-52.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -36.17% | -13.13% | 1.00x | 2.76x | $-307.99 Million |
| 2019 | 0.00% | -7.19% | 2.12x | 0.00x | $-267.69 Million |
| 2020 | -16.29% | -9.79% | 1.19x | 1.40x | $-408.30 Million |
| 2021 | -29.45% | -8.25% | 0.84x | 4.23x | $-886.80 Million |
| 2022 | -124.59% | -8.69% | 2.36x | 6.08x | $-1.46 Billion |
| 2023 | -28.44% | -3.96% | 1.95x | 3.69x | $-371.70 Million |
| 2024 | -54.98% | -7.61% | 1.65x | 4.38x | $-463.30 Million |
| 2025 | -129.35% | -29.74% | 1.82x | 2.40x | $-1.40 Billion |
Industry Comparison
This section compares Opendoor Technologies Inc's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $3,619,029,239
- Average return on equity (ROE) among peers: -198.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Opendoor Technologies Inc (OPEN) | $1.00 Billion | -36.17% | 1.40x | $4.45 Billion |
| reAlpha Tech Corp. Common Stock (AIRE) | $1.57 Million | -1660.19% | 6.65x | $42.58 Million |
| Avalon GloboCare Corp. (ALBT) | $4.12 Million | -307.98% | 1.52x | $3.37 Million |
| American Realty Investors Inc (ARL) | $816.51 Million | 0.49% | 0.25x | $235.34 Million |
| Altisource Portfolio Solutions SA (ASPS) | $-82.56 Million | 0.00% | 0.00x | $76.47 Million |
| Ke Holdings Inc (BEKE) | $31.54 Billion | -6.91% | 1.13x | $18.34 Billion |
| CBRE Group Inc Class A (CBRE) | $1.68 Billion | 18.76% | 3.64x | $42.20 Billion |
| Comstock Holding Companies Inc (CHCI) | $12.54 Million | 8.82% | 2.70x | $158.95 Million |
| Compass Inc (COMP) | $843.30 Million | -26.54% | 0.15x | $5.49 Billion |
| CoStar Group Inc (CSGP) | $281.81 Million | 5.66% | 0.14x | $14.72 Billion |
| Cushman & Wakefield plc (CWK) | $1.10 Billion | -20.13% | 5.70x | $2.99 Billion |
About Opendoor Technologies Inc
Opendoor Technologies Inc. operates a digital platform for residential real estate transactions in the United States. It buys and sells homes through online e-commerce platform. The company also resells the home to a home buyer. In addition, it offers real estate brokerage, title insurance and settlement, and escrow services, as well as property and casualty insurance, real estate licenses, and c… Read more