Annual Income Statements for Anywhere Real Estate
This table shows Anywhere Real Estate's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Anywhere Real Estate
This table shows Anywhere Real Estate's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
55 |
-453 |
-138 |
19 |
129 |
-107 |
-101 |
30 |
7.00 |
-64 |
Consolidated Net Income / (Loss) |
|
56 |
-452 |
-138 |
19 |
129 |
-108 |
-101 |
30 |
7.00 |
-63 |
Net Income / (Loss) Continuing Operations |
|
56 |
-452 |
-138 |
19 |
129 |
-108 |
-101 |
30 |
7.00 |
-63 |
Total Pre-Tax Income |
|
66 |
-560 |
-182 |
22 |
170 |
-132 |
-128 |
38 |
3.00 |
-49 |
Total Revenue |
|
1,778 |
1,286 |
1,093 |
1,632 |
1,547 |
1,213 |
1,087 |
-40 |
1,497 |
2,995 |
Net Interest Income / (Expense) |
|
-30 |
-37 |
-38 |
-39 |
-37 |
-37 |
-39 |
-40 |
-38 |
-36 |
Total Interest Expense |
|
30 |
37 |
38 |
39 |
37 |
37 |
39 |
40 |
38 |
36 |
Long-Term Debt Interest Expense |
|
30 |
37 |
38 |
39 |
37 |
37 |
39 |
40 |
38 |
36 |
Total Non-Interest Income |
|
1,808 |
1,323 |
1,131 |
1,671 |
1,584 |
1,250 |
1,126 |
0.00 |
1,535 |
3,031 |
Total Non-Interest Expense |
|
1,712 |
1,846 |
1,275 |
1,610 |
1,377 |
1,345 |
1,215 |
-78 |
1,494 |
3,044 |
Salaries and Employee Benefits |
|
1,170 |
855 |
723 |
1,092 |
1,037 |
812 |
726 |
1,108 |
998 |
886 |
Net Occupancy & Equipment Expense |
|
-2.00 |
- |
-1.00 |
-1.00 |
3.00 |
-1.00 |
-1.00 |
0.00 |
0.00 |
1.00 |
Marketing Expense |
|
59 |
57 |
49 |
56 |
56 |
54 |
45 |
47 |
51 |
52 |
Other Operating Expenses |
|
413 |
386 |
425 |
404 |
388 |
370 |
373 |
379 |
397 |
370 |
Depreciation Expense |
|
53 |
55 |
50 |
49 |
50 |
47 |
55 |
48 |
48 |
47 |
Impairment Charge |
|
3.00 |
480 |
4.00 |
4.00 |
3.00 |
54 |
6.00 |
2.00 |
1.00 |
11 |
Restructuring Charge |
|
16 |
9.00 |
25 |
6.00 |
9.00 |
9.00 |
11 |
7.00 |
6.00 |
8.00 |
Income Tax Expense |
|
8.00 |
-120 |
-46 |
8.00 |
45 |
-22 |
-28 |
11 |
2.00 |
13 |
Other Gains / (Losses), net |
|
-2.00 |
-12 |
-2.00 |
5.00 |
4.00 |
2.00 |
-1.00 |
3.00 |
6.00 |
-1.00 |
Net Income / (Loss) Attributable to Noncontrolling Interest |
|
1.00 |
1.00 |
0.00 |
0.00 |
0.00 |
-1.00 |
0.00 |
0.00 |
0.00 |
1.00 |
Basic Earnings per Share |
|
$0.49 |
($3.97) |
($1.26) |
$0.17 |
$1.17 |
($0.96) |
($0.91) |
$0.27 |
$0.06 |
($0.57) |
Weighted Average Basic Shares Outstanding |
|
112.20M |
113.80M |
109.80M |
110.40M |
110.50M |
110.30M |
110.70M |
111.20M |
111.30M |
111.10M |
Diluted Earnings per Share |
|
$0.48 |
($3.94) |
($1.26) |
$0.17 |
$1.15 |
($0.94) |
($0.91) |
$0.27 |
$0.06 |
($0.57) |
Weighted Average Diluted Shares Outstanding |
|
113.50M |
113.80M |
109.80M |
111.30M |
112.10M |
110.30M |
110.70M |
111.90M |
112.20M |
111.10M |
Weighted Average Basic & Diluted Shares Outstanding |
|
109.48M |
109.48M |
110.37M |
110.48M |
110.49M |
110.49M |
111.11M |
111.27M |
111.26M |
111.26M |
Annual Cash Flow Statements for Anywhere Real Estate
This table details how cash moves in and out of Anywhere Real Estate's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
-525 |
-99 |
5.00 |
Net Cash From Operating Activities |
-92 |
187 |
104 |
Net Cash From Continuing Operating Activities |
-92 |
187 |
104 |
Net Income / (Loss) Continuing Operations |
-283 |
-98 |
-127 |
Consolidated Net Income / (Loss) |
-283 |
-98 |
-127 |
Depreciation Expense |
214 |
196 |
198 |
Amortization Expense |
9.00 |
8.00 |
8.00 |
Non-Cash Adjustments to Reconcile Net Income |
354 |
-130 |
25 |
Changes in Operating Assets and Liabilities, net |
-386 |
211 |
0.00 |
Net Cash From Investing Activities |
-55 |
-59 |
-77 |
Net Cash From Continuing Investing Activities |
-55 |
-59 |
-77 |
Purchase of Property, Leasehold Improvements and Equipment |
-109 |
-72 |
-78 |
Purchase of Investment Securities |
-22 |
-2.00 |
0.00 |
Sale of Property, Leasehold Improvements and Equipment |
- |
8.00 |
0.00 |
Sale and/or Maturity of Investments |
76 |
6.00 |
0.00 |
Other Investing Activities, net |
- |
1.00 |
1.00 |
Net Cash From Financing Activities |
-376 |
-227 |
-21 |
Net Cash From Continuing Financing Activities |
-376 |
-227 |
-21 |
Issuance of Debt |
917 |
575 |
205 |
Repayment of Debt |
-1,144 |
-767 |
-200 |
Repurchase of Common Equity |
-97 |
0.00 |
0.00 |
Other Financing Activities, Net |
-52 |
-35 |
-26 |
Effect of Exchange Rate Changes |
-2.00 |
0.00 |
-1.00 |
Cash Interest Paid |
164 |
168 |
158 |
Cash Income Taxes Paid |
62 |
14 |
1.00 |
Quarterly Cash Flow Statements for Anywhere Real Estate
This table details how cash moves in and out of Anywhere Real Estate's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
15 |
-59 |
-92 |
62 |
-30 |
-39 |
-4.00 |
22 |
-31 |
18 |
Net Cash From Operating Activities |
|
134 |
-21 |
-113 |
93 |
145 |
62 |
-122 |
39 |
120 |
67 |
Net Cash From Continuing Operating Activities |
|
134 |
-21 |
-113 |
93 |
145 |
62 |
-122 |
39 |
120 |
67 |
Net Income / (Loss) Continuing Operations |
|
56 |
-452 |
-138 |
19 |
129 |
-108 |
-101 |
30 |
7.00 |
-63 |
Consolidated Net Income / (Loss) |
|
56 |
-452 |
-138 |
19 |
129 |
-108 |
-101 |
30 |
7.00 |
-63 |
Depreciation Expense |
|
53 |
55 |
50 |
49 |
50 |
47 |
55 |
48 |
48 |
47 |
Amortization Expense |
|
2.00 |
2.00 |
2.00 |
2.00 |
2.00 |
2.00 |
2.00 |
2.00 |
2.00 |
2.00 |
Non-Cash Adjustments to Reconcile Net Income |
|
14 |
393 |
-37 |
9.00 |
-153 |
51 |
-18 |
12 |
-6.00 |
37 |
Changes in Operating Assets and Liabilities, net |
|
9.00 |
-19 |
10 |
14 |
117 |
70 |
-60 |
-53 |
69 |
44 |
Net Cash From Investing Activities |
|
-32 |
-30 |
-5.00 |
-15 |
-19 |
-20 |
-16 |
-19 |
-19 |
-23 |
Net Cash From Continuing Investing Activities |
|
-32 |
-30 |
-5.00 |
-15 |
-19 |
-20 |
-16 |
-19 |
-19 |
-23 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-27 |
-26 |
-18 |
-16 |
-18 |
-20 |
-18 |
-18 |
-18 |
-24 |
Other Investing Activities, net |
|
- |
- |
- |
- |
- |
- |
2.00 |
-1.00 |
-1.00 |
1.00 |
Net Cash From Financing Activities |
|
-85 |
-9.00 |
26 |
-17 |
-155 |
-81 |
134 |
2.00 |
-133 |
-24 |
Net Cash From Continuing Financing Activities |
|
-85 |
-9.00 |
26 |
-17 |
-155 |
-81 |
134 |
2.00 |
-133 |
-24 |
Issuance of Debt |
|
51 |
-134 |
30 |
8.00 |
559 |
-22 |
148 |
14 |
53 |
-10 |
Repayment of Debt |
|
-72 |
132 |
8.00 |
-15 |
-707 |
-53 |
-5.00 |
-5.00 |
-182 |
-8.00 |
Other Financing Activities, Net |
|
-12 |
-7.00 |
-12 |
-10 |
-7.00 |
-6.00 |
-9.00 |
-7.00 |
-4.00 |
-6.00 |
Effect of Exchange Rate Changes |
|
-2.00 |
1.00 |
0.00 |
1.00 |
-1.00 |
- |
0.00 |
- |
1.00 |
-2.00 |
Cash Interest Paid |
|
33 |
41 |
39 |
43 |
53 |
33 |
31 |
48 |
32 |
47 |
Annual Balance Sheets for Anywhere Real Estate
This table presents Anywhere Real Estate's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Total Assets |
6,383 |
5,839 |
5,636 |
Cash and Due from Banks |
214 |
106 |
118 |
Restricted Cash |
4.00 |
13 |
6.00 |
Loans and Leases, Net of Allowance |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
317 |
280 |
247 |
Goodwill |
2,523 |
2,499 |
2,499 |
Intangible Assets |
761 |
713 |
690 |
Other Assets |
2,564 |
2,228 |
2,076 |
Total Liabilities & Shareholders' Equity |
6,383 |
5,839 |
5,636 |
Total Liabilities |
4,616 |
4,158 |
4,066 |
Short-Term Debt |
672 |
519 |
696 |
Other Short-Term Payables |
633 |
688 |
693 |
Long-Term Debt |
2,483 |
2,235 |
2,031 |
Other Long-Term Liabilities |
828 |
716 |
646 |
Redeemable Noncontrolling Interest |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
1,767 |
1,681 |
1,570 |
Total Preferred & Common Equity |
1,764 |
1,679 |
1,567 |
Preferred Stock |
0.00 |
0.00 |
0.00 |
Total Common Equity |
1,764 |
1,679 |
1,567 |
Common Stock |
4,806 |
4,814 |
4,828 |
Retained Earnings |
-2,994 |
-3,091 |
-3,219 |
Accumulated Other Comprehensive Income / (Loss) |
-48 |
-44 |
-42 |
Noncontrolling Interest |
3.00 |
2.00 |
3.00 |
Quarterly Balance Sheets for Anywhere Real Estate
This table presents Anywhere Real Estate's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
7,013 |
6,195 |
6,219 |
6,059 |
5,799 |
5,846 |
5,748 |
Cash and Due from Banks |
|
272 |
122 |
179 |
151 |
111 |
128 |
102 |
Restricted Cash |
|
5.00 |
4.00 |
9.00 |
7.00 |
4.00 |
9.00 |
4.00 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
|
770 |
303 |
293 |
284 |
261 |
254 |
248 |
Goodwill |
|
2,916 |
2,523 |
2,524 |
2,524 |
2,499 |
2,499 |
2,499 |
Intangible Assets |
|
1,814 |
1,693 |
1,671 |
1,649 |
1,579 |
1,557 |
1,534 |
Other Assets |
|
1,236 |
1,550 |
1,543 |
1,444 |
1,345 |
1,399 |
1,361 |
Total Liabilities & Shareholders' Equity |
|
7,013 |
6,195 |
6,219 |
6,059 |
5,799 |
5,846 |
5,748 |
Total Liabilities |
|
4,797 |
4,565 |
4,566 |
4,274 |
4,219 |
4,232 |
4,122 |
Short-Term Debt |
|
517 |
521 |
494 |
425 |
839 |
823 |
716 |
Other Short-Term Payables |
|
825 |
807 |
840 |
865 |
636 |
675 |
731 |
Long-Term Debt |
|
2,486 |
2,480 |
2,475 |
2,239 |
2,053 |
2,054 |
2,030 |
Other Long-Term Liabilities |
|
969 |
757 |
757 |
745 |
691 |
680 |
645 |
Total Equity & Noncontrolling Interests |
|
2,216 |
1,630 |
1,653 |
1,785 |
1,580 |
1,614 |
1,626 |
Total Preferred & Common Equity |
|
2,213 |
1,627 |
1,650 |
1,783 |
1,578 |
1,612 |
1,624 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
2,213 |
1,627 |
1,650 |
1,783 |
1,578 |
1,612 |
1,624 |
Common Stock |
|
4,804 |
4,806 |
4,810 |
4,814 |
4,815 |
4,819 |
4,823 |
Retained Earnings |
|
-2,541 |
-3,132 |
-3,113 |
-2,984 |
-3,192 |
-3,162 |
-3,155 |
Accumulated Other Comprehensive Income / (Loss) |
|
-50 |
-47 |
-47 |
-47 |
-45 |
-45 |
-44 |
Noncontrolling Interest |
|
3.00 |
3.00 |
3.00 |
2.00 |
2.00 |
2.00 |
2.00 |
Annual Metrics And Ratios for Anywhere Real Estate
This table displays calculated financial ratios and metrics derived from Anywhere Real Estate's official financial filings.
Metric |
2022 |
2023 |
2024 |
Growth Metrics |
- |
- |
- |
Revenue Growth |
-12.81% |
-19.28% |
0.98% |
EBITDA Growth |
-115.22% |
182.00% |
-14.63% |
EBIT Growth |
-174.25% |
62.23% |
-11.48% |
NOPAT Growth |
-174.87% |
62.23% |
-11.48% |
Net Income Growth |
-180.86% |
65.37% |
-29.59% |
EPS Growth |
-188.42% |
65.08% |
-30.68% |
Operating Cash Flow Growth |
-114.31% |
303.26% |
-44.39% |
Free Cash Flow Firm Growth |
-52.53% |
224.13% |
-89.34% |
Invested Capital Growth |
-6.64% |
-9.89% |
-3.11% |
Revenue Q/Q Growth |
-8.67% |
-1.31% |
47.43% |
EBITDA Q/Q Growth |
-119.16% |
124.26% |
638.46% |
EBIT Q/Q Growth |
-208.39% |
77.82% |
37.90% |
NOPAT Q/Q Growth |
-195.00% |
77.82% |
37.90% |
Net Income Q/Q Growth |
-229.82% |
77.83% |
26.16% |
EPS Q/Q Growth |
-240.78% |
77.32% |
24.34% |
Operating Cash Flow Q/Q Growth |
-210.84% |
79.81% |
5.05% |
Free Cash Flow Firm Q/Q Growth |
-64.09% |
4.31% |
156.09% |
Invested Capital Q/Q Growth |
-5.69% |
-0.31% |
-1.72% |
Profitability Metrics |
- |
- |
- |
EBITDA Margin |
-1.47% |
1.50% |
1.26% |
EBIT Margin |
-4.75% |
-2.22% |
-2.46% |
Profit (Net Income) Margin |
-4.16% |
-1.79% |
-2.29% |
Tax Burden Percent |
87.62% |
80.33% |
93.38% |
Interest Burden Percent |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
0.00% |
0.00% |
0.00% |
Return on Invested Capital (ROIC) |
-4.44% |
-1.83% |
-2.18% |
ROIC Less NNEP Spread (ROIC-NNEP) |
-6.26% |
-2.25% |
-3.34% |
Return on Net Nonoperating Assets (RNNOA) |
-9.86% |
-3.86% |
-5.63% |
Return on Equity (ROE) |
-14.30% |
-5.68% |
-7.81% |
Cash Return on Invested Capital (CROIC) |
2.43% |
8.58% |
0.98% |
Operating Return on Assets (OROA) |
-4.75% |
-2.00% |
-2.37% |
Return on Assets (ROA) |
-4.16% |
-1.60% |
-2.21% |
Return on Common Equity (ROCE) |
-14.26% |
-5.68% |
-7.80% |
Return on Equity Simple (ROE_SIMPLE) |
-16.04% |
-5.84% |
-8.10% |
Net Operating Profit after Tax (NOPAT) |
-226 |
-85 |
-95 |
NOPAT Margin |
-3.33% |
-1.56% |
-1.72% |
Net Nonoperating Expense Percent (NNEP) |
1.83% |
0.43% |
1.16% |
SG&A Expenses to Revenue |
66.62% |
70.72% |
70.64% |
Operating Expenses to Revenue |
104.75% |
102.22% |
102.46% |
Earnings before Interest and Taxes (EBIT) |
-323 |
-122 |
-136 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
-100 |
82 |
70 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
0.40 |
0.53 |
0.23 |
Price to Tangible Book Value (P/TBV) |
0.00 |
0.00 |
0.00 |
Price to Revenue (P/Rev) |
0.10 |
0.16 |
0.07 |
Price to Earnings (P/E) |
0.00 |
0.00 |
0.00 |
Dividend Yield |
0.00% |
0.00% |
0.00% |
Earnings Yield |
0.00% |
0.00% |
0.00% |
Enterprise Value to Invested Capital (EV/IC) |
0.74 |
0.80 |
0.69 |
Enterprise Value to Revenue (EV/Rev) |
0.54 |
0.64 |
0.54 |
Enterprise Value to EBITDA (EV/EBITDA) |
0.00 |
43.09 |
42.47 |
Enterprise Value to EBIT (EV/EBIT) |
0.00 |
0.00 |
0.00 |
Enterprise Value to NOPAT (EV/NOPAT) |
0.00 |
0.00 |
0.00 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
0.00 |
18.89 |
28.59 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
29.38 |
8.80 |
69.47 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
1.79 |
1.64 |
1.74 |
Long-Term Debt to Equity |
1.41 |
1.33 |
1.29 |
Financial Leverage |
1.57 |
1.71 |
1.69 |
Leverage Ratio |
3.43 |
3.54 |
3.53 |
Compound Leverage Factor |
3.43 |
3.54 |
3.53 |
Debt to Total Capital |
64.10% |
62.10% |
63.46% |
Short-Term Debt to Total Capital |
13.65% |
11.70% |
16.20% |
Long-Term Debt to Total Capital |
50.45% |
50.39% |
47.27% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
0.06% |
0.05% |
0.07% |
Common Equity to Total Capital |
35.84% |
37.86% |
36.47% |
Debt to EBITDA |
-31.55 |
33.59 |
38.96 |
Net Debt to EBITDA |
-29.37 |
32.13 |
37.19 |
Long-Term Debt to EBITDA |
-24.83 |
27.26 |
29.01 |
Debt to NOPAT |
-13.95 |
-32.25 |
-28.65 |
Net Debt to NOPAT |
-12.99 |
-30.85 |
-27.34 |
Long-Term Debt to NOPAT |
-10.98 |
-26.17 |
-21.33 |
Noncontrolling Interest Sharing Ratio |
0.23% |
0.15% |
0.15% |
Liquidity Ratios |
- |
- |
- |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
124 |
402 |
43 |
Operating Cash Flow to CapEx |
-84.40% |
292.19% |
133.33% |
Free Cash Flow to Firm to Interest Expense |
1.10 |
2.66 |
0.28 |
Operating Cash Flow to Interest Expense |
-0.81 |
1.24 |
0.68 |
Operating Cash Flow Less CapEx to Interest Expense |
-1.78 |
0.81 |
0.17 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
1.00 |
0.90 |
0.97 |
Fixed Asset Turnover |
12.58 |
18.38 |
21.02 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
4,922 |
4,435 |
4,297 |
Invested Capital Turnover |
1.33 |
1.17 |
1.27 |
Increase / (Decrease) in Invested Capital |
-350 |
-487 |
-138 |
Enterprise Value (EV) |
3,640 |
3,533 |
2,973 |
Market Capitalization |
700 |
896 |
367 |
Book Value per Share |
$16.11 |
$15.20 |
$14.08 |
Tangible Book Value per Share |
($13.88) |
($13.87) |
($14.58) |
Total Capital |
4,922 |
4,435 |
4,297 |
Total Debt |
3,155 |
2,754 |
2,727 |
Total Long-Term Debt |
2,483 |
2,235 |
2,031 |
Net Debt |
2,937 |
2,635 |
2,603 |
Capital Expenditures (CapEx) |
109 |
64 |
78 |
Net Nonoperating Expense (NNE) |
57 |
13 |
32 |
Net Nonoperating Obligations (NNO) |
3,155 |
2,754 |
2,727 |
Total Depreciation and Amortization (D&A) |
223 |
204 |
206 |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
($2.52) |
($0.88) |
($1.15) |
Adjusted Weighted Average Basic Shares Outstanding |
113.80M |
110.30M |
111.10M |
Adjusted Diluted Earnings per Share |
($2.52) |
($0.88) |
($1.15) |
Adjusted Weighted Average Diluted Shares Outstanding |
113.80M |
110.30M |
111.10M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
109.48M |
110.49M |
111.26M |
Normalized Net Operating Profit after Tax (NOPAT) |
202 |
-124 |
-64 |
Normalized NOPAT Margin |
2.97% |
-2.26% |
-1.15% |
Pre Tax Income Margin |
-4.75% |
-2.22% |
-2.46% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
-2.86 |
-0.81 |
-0.89 |
NOPAT to Interest Expense |
-2.00 |
-0.57 |
-0.62 |
EBIT Less CapEx to Interest Expense |
-3.82 |
-1.23 |
-1.40 |
NOPAT Less CapEx to Interest Expense |
-2.97 |
-0.99 |
-1.13 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
0.00% |
0.00% |
0.00% |
Augmented Payout Ratio |
-34.28% |
0.00% |
0.00% |
Quarterly Metrics And Ratios for Anywhere Real Estate
This table displays calculated financial ratios and metrics derived from Anywhere Real Estate's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-16.68% |
-33.40% |
-32.41% |
-22.80% |
-12.99% |
-5.68% |
-0.55% |
-102.45% |
-3.23% |
146.91% |
EBITDA Growth |
|
-42.11% |
-522.69% |
-231.31% |
-60.11% |
83.47% |
83.50% |
45.38% |
20.55% |
-76.13% |
100.00% |
EBIT Growth |
|
-56.86% |
-1,018.03% |
-504.44% |
-82.54% |
157.58% |
76.43% |
29.67% |
72.73% |
-98.24% |
62.88% |
NOPAT Growth |
|
-44.76% |
-839.62% |
-486.06% |
-85.11% |
115.52% |
76.43% |
29.67% |
92.86% |
-99.20% |
62.88% |
Net Income Growth |
|
-51.72% |
-1,022.45% |
-700.00% |
-78.89% |
130.36% |
76.11% |
26.81% |
57.89% |
-94.57% |
41.67% |
EPS Growth |
|
-49.47% |
-1,164.86% |
-763.16% |
-77.33% |
139.58% |
76.14% |
27.78% |
58.82% |
-94.78% |
39.36% |
Operating Cash Flow Growth |
|
-55.78% |
-113.64% |
51.50% |
232.14% |
8.21% |
395.24% |
-7.96% |
-58.06% |
-17.24% |
8.06% |
Free Cash Flow Firm Growth |
|
475.00% |
-450.00% |
442.53% |
10.96% |
442.42% |
1,039.52% |
-83.81% |
-73.08% |
-91.28% |
-73.72% |
Invested Capital Growth |
|
-2.01% |
-6.64% |
-10.72% |
-11.03% |
-14.75% |
-9.89% |
-3.43% |
-2.83% |
-1.73% |
-3.11% |
Revenue Q/Q Growth |
|
-15.89% |
-27.67% |
-15.01% |
49.31% |
-5.21% |
-21.59% |
-10.39% |
-103.68% |
3,842.50% |
100.07% |
EBITDA Q/Q Growth |
|
-33.88% |
-515.70% |
74.16% |
156.15% |
204.11% |
-137.39% |
14.46% |
223.94% |
-39.77% |
-100.00% |
EBIT Q/Q Growth |
|
-47.62% |
-948.48% |
67.50% |
112.09% |
672.73% |
-177.65% |
3.03% |
129.69% |
-92.11% |
-1,733.33% |
NOPAT Q/Q Growth |
|
-38.30% |
-775.86% |
67.50% |
110.99% |
792.86% |
-173.92% |
3.03% |
130.13% |
-96.30% |
-3,530.00% |
Net Income Q/Q Growth |
|
-37.78% |
-907.14% |
69.47% |
113.77% |
578.95% |
-183.72% |
6.48% |
129.70% |
-76.67% |
-1,000.00% |
EPS Q/Q Growth |
|
-36.00% |
-920.83% |
68.02% |
113.49% |
576.47% |
-181.74% |
3.19% |
129.67% |
-77.78% |
-1,050.00% |
Operating Cash Flow Q/Q Growth |
|
378.57% |
-115.67% |
-438.10% |
182.30% |
55.91% |
-57.24% |
-296.77% |
131.97% |
207.69% |
-44.17% |
Free Cash Flow Firm Q/Q Growth |
|
-68.81% |
-125.45% |
1,120.48% |
36.96% |
52.47% |
-55.91% |
-82.41% |
127.67% |
-50.63% |
32.95% |
Invested Capital Q/Q Growth |
|
0.46% |
-5.69% |
-5.91% |
-0.19% |
-3.74% |
-0.31% |
0.83% |
0.42% |
-2.65% |
-1.72% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
6.81% |
-39.11% |
-11.89% |
4.47% |
14.35% |
-6.84% |
-6.53% |
0.00% |
3.54% |
0.00% |
EBIT Margin |
|
3.71% |
-43.55% |
-16.65% |
1.35% |
10.99% |
-10.88% |
-11.78% |
0.00% |
0.20% |
-1.64% |
Profit (Net Income) Margin |
|
3.15% |
-35.15% |
-12.63% |
1.16% |
8.34% |
-8.90% |
-9.29% |
0.00% |
0.47% |
-2.10% |
Tax Burden Percent |
|
84.85% |
80.71% |
75.82% |
86.36% |
75.88% |
81.82% |
78.91% |
78.95% |
233.33% |
128.57% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
12.12% |
0.00% |
0.00% |
36.36% |
26.47% |
0.00% |
0.00% |
28.95% |
66.67% |
0.00% |
Return on Invested Capital (ROIC) |
|
4.60% |
-40.64% |
-14.89% |
1.01% |
9.29% |
-8.93% |
-9.92% |
0.00% |
0.06% |
-1.45% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
4.54% |
-42.56% |
-15.24% |
1.18% |
9.43% |
-9.46% |
-10.31% |
0.00% |
0.28% |
-2.50% |
Return on Net Nonoperating Assets (RNNOA) |
|
6.48% |
-67.03% |
-24.27% |
1.82% |
13.36% |
-16.21% |
-18.93% |
0.00% |
0.44% |
-4.22% |
Return on Equity (ROE) |
|
11.08% |
-107.67% |
-39.16% |
2.83% |
22.65% |
-25.14% |
-28.85% |
0.00% |
0.50% |
-5.67% |
Cash Return on Invested Capital (CROIC) |
|
6.54% |
2.43% |
3.48% |
2.35% |
7.96% |
8.58% |
2.45% |
2.08% |
-1.73% |
0.98% |
Operating Return on Assets (OROA) |
|
3.89% |
-43.54% |
-16.00% |
1.18% |
9.34% |
-9.77% |
-10.76% |
0.00% |
0.13% |
-1.58% |
Return on Assets (ROA) |
|
3.30% |
-35.14% |
-12.13% |
1.02% |
7.09% |
-7.99% |
-8.49% |
0.00% |
0.30% |
-2.03% |
Return on Common Equity (ROCE) |
|
11.06% |
-107.42% |
-39.10% |
2.83% |
22.62% |
-25.10% |
-28.80% |
0.00% |
0.50% |
-5.66% |
Return on Equity Simple (ROE_SIMPLE) |
|
9.85% |
0.00% |
-27.29% |
-31.21% |
-24.79% |
0.00% |
-3.87% |
-3.10% |
-10.59% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
58 |
-392 |
-127 |
14 |
125 |
-92 |
-90 |
27 |
1.00 |
-34 |
NOPAT Margin |
|
3.26% |
-30.48% |
-11.66% |
0.86% |
8.08% |
-7.62% |
-8.24% |
0.00% |
0.07% |
-1.15% |
Net Nonoperating Expense Percent (NNEP) |
|
0.06% |
1.92% |
0.35% |
-0.17% |
-0.14% |
0.53% |
0.39% |
-0.10% |
-0.22% |
1.05% |
SG&A Expenses to Revenue |
|
69.01% |
70.92% |
70.54% |
70.28% |
70.85% |
71.31% |
70.84% |
0.00% |
70.07% |
31.35% |
Operating Expenses to Revenue |
|
96.29% |
143.55% |
116.65% |
98.65% |
89.01% |
110.88% |
111.78% |
0.00% |
99.80% |
101.64% |
Earnings before Interest and Taxes (EBIT) |
|
66 |
-560 |
-182 |
22 |
170 |
-132 |
-128 |
38 |
3.00 |
-49 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
121 |
-503 |
-130 |
73 |
222 |
-83 |
-71 |
88 |
53 |
0.00 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.42 |
0.40 |
0.36 |
0.45 |
0.40 |
0.53 |
0.43 |
0.23 |
0.35 |
0.23 |
Price to Tangible Book Value (P/TBV) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Price to Revenue (P/Rev) |
|
0.12 |
0.10 |
0.09 |
0.13 |
0.13 |
0.16 |
0.12 |
0.10 |
0.15 |
0.07 |
Price to Earnings (P/E) |
|
4.35 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Earnings Yield |
|
22.96% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.70 |
0.74 |
0.75 |
0.76 |
0.72 |
0.80 |
0.77 |
0.69 |
0.73 |
0.69 |
Enterprise Value to Revenue (EV/Rev) |
|
0.49 |
0.54 |
0.55 |
0.61 |
0.58 |
0.64 |
0.63 |
0.82 |
0.85 |
0.54 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
7.01 |
0.00 |
0.00 |
0.00 |
0.00 |
43.09 |
24.55 |
19.93 |
0.00 |
42.47 |
Enterprise Value to EBIT (EV/EBIT) |
|
12.27 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
15.36 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
44.06 |
0.00 |
123.43 |
37.86 |
30.95 |
18.89 |
19.45 |
25.08 |
32.40 |
28.59 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
10.60 |
29.38 |
20.21 |
30.57 |
8.36 |
8.80 |
31.08 |
32.87 |
0.00 |
69.47 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
1.36 |
1.79 |
1.84 |
1.80 |
1.49 |
1.64 |
1.83 |
1.78 |
1.69 |
1.74 |
Long-Term Debt to Equity |
|
1.12 |
1.41 |
1.52 |
1.50 |
1.25 |
1.33 |
1.30 |
1.27 |
1.25 |
1.29 |
Financial Leverage |
|
1.43 |
1.57 |
1.59 |
1.54 |
1.42 |
1.71 |
1.84 |
1.79 |
1.59 |
1.69 |
Leverage Ratio |
|
3.27 |
3.43 |
3.45 |
3.42 |
3.27 |
3.54 |
3.74 |
3.69 |
3.46 |
3.53 |
Compound Leverage Factor |
|
3.27 |
3.43 |
3.45 |
3.42 |
3.27 |
3.54 |
3.74 |
3.69 |
3.46 |
3.53 |
Debt to Total Capital |
|
57.54% |
64.10% |
64.80% |
64.24% |
59.88% |
62.10% |
64.67% |
64.06% |
62.81% |
63.46% |
Short-Term Debt to Total Capital |
|
9.91% |
13.65% |
11.25% |
10.69% |
9.55% |
11.70% |
18.76% |
18.33% |
16.38% |
16.20% |
Long-Term Debt to Total Capital |
|
47.63% |
50.45% |
53.55% |
53.55% |
50.33% |
50.39% |
45.91% |
45.74% |
46.43% |
47.27% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.06% |
0.06% |
0.06% |
0.06% |
0.05% |
0.05% |
0.04% |
0.04% |
0.05% |
0.07% |
Common Equity to Total Capital |
|
42.40% |
35.84% |
35.13% |
35.70% |
40.08% |
37.86% |
35.29% |
35.89% |
37.15% |
36.47% |
Debt to EBITDA |
|
5.75 |
-31.55 |
-9.12 |
-6.76 |
-7.88 |
33.59 |
20.51 |
18.44 |
-211.23 |
38.96 |
Net Debt to EBITDA |
|
5.22 |
-29.37 |
-8.74 |
-6.33 |
-7.41 |
32.13 |
19.70 |
17.56 |
-203.08 |
37.19 |
Long-Term Debt to EBITDA |
|
4.76 |
-24.83 |
-7.54 |
-5.64 |
-6.62 |
27.26 |
14.56 |
13.17 |
-156.15 |
29.01 |
Debt to NOPAT |
|
12.62 |
-13.95 |
-7.79 |
-6.49 |
-6.92 |
-32.25 |
-60.76 |
-79.04 |
-17.91 |
-28.65 |
Net Debt to NOPAT |
|
11.45 |
-12.99 |
-7.47 |
-6.07 |
-6.51 |
-30.85 |
-58.34 |
-75.27 |
-17.22 |
-27.34 |
Long-Term Debt to NOPAT |
|
10.45 |
-10.98 |
-6.44 |
-5.41 |
-5.82 |
-26.17 |
-43.13 |
-56.43 |
-13.24 |
-21.33 |
Noncontrolling Interest Sharing Ratio |
|
0.18% |
0.23% |
0.16% |
0.18% |
0.13% |
0.15% |
0.16% |
0.00% |
0.12% |
0.15% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
165 |
-42 |
429 |
587 |
895 |
395 |
69 |
158 |
78 |
104 |
Operating Cash Flow to CapEx |
|
515.38% |
-80.77% |
-941.67% |
664.29% |
805.56% |
310.00% |
-677.78% |
216.67% |
666.67% |
279.17% |
Free Cash Flow to Firm to Interest Expense |
|
5.50 |
-1.14 |
11.28 |
15.05 |
24.19 |
10.66 |
1.78 |
3.95 |
2.05 |
2.88 |
Operating Cash Flow to Interest Expense |
|
4.47 |
-0.57 |
-2.97 |
2.38 |
3.92 |
1.68 |
-3.13 |
0.98 |
3.16 |
1.86 |
Operating Cash Flow Less CapEx to Interest Expense |
|
3.60 |
-1.27 |
-3.29 |
2.03 |
3.43 |
1.14 |
-3.59 |
0.53 |
2.68 |
1.19 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
1.05 |
1.00 |
0.96 |
0.88 |
0.85 |
0.90 |
0.91 |
0.63 |
0.64 |
0.97 |
Fixed Asset Turnover |
|
13.88 |
12.58 |
11.82 |
18.83 |
10.55 |
18.38 |
19.43 |
13.92 |
14.12 |
21.02 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
5,219 |
4,922 |
4,631 |
4,622 |
4,449 |
4,435 |
4,472 |
4,491 |
4,372 |
4,297 |
Invested Capital Turnover |
|
1.41 |
1.33 |
1.28 |
1.18 |
1.15 |
1.17 |
1.20 |
0.84 |
0.85 |
1.27 |
Increase / (Decrease) in Invested Capital |
|
-107 |
-350 |
-556 |
-573 |
-770 |
-487 |
-159 |
-131 |
-77 |
-138 |
Enterprise Value (EV) |
|
3,657 |
3,640 |
3,456 |
3,521 |
3,218 |
3,533 |
3,462 |
3,110 |
3,207 |
2,973 |
Market Capitalization |
|
928 |
700 |
578 |
737 |
710 |
896 |
683 |
368 |
565 |
367 |
Book Value per Share |
|
$19.35 |
$16.11 |
$14.86 |
$14.95 |
$16.14 |
$15.20 |
$14.25 |
$14.51 |
$14.59 |
$14.08 |
Tangible Book Value per Share |
|
($22.01) |
($13.88) |
($23.65) |
($23.06) |
($21.63) |
($13.87) |
($22.58) |
($22.00) |
($21.65) |
($14.58) |
Total Capital |
|
5,219 |
4,922 |
4,631 |
4,622 |
4,449 |
4,435 |
4,472 |
4,491 |
4,372 |
4,297 |
Total Debt |
|
3,003 |
3,155 |
3,001 |
2,969 |
2,664 |
2,754 |
2,892 |
2,877 |
2,746 |
2,727 |
Total Long-Term Debt |
|
2,486 |
2,483 |
2,480 |
2,475 |
2,239 |
2,235 |
2,053 |
2,054 |
2,030 |
2,031 |
Net Debt |
|
2,726 |
2,937 |
2,875 |
2,781 |
2,506 |
2,635 |
2,777 |
2,740 |
2,640 |
2,603 |
Capital Expenditures (CapEx) |
|
26 |
26 |
12 |
14 |
18 |
20 |
18 |
18 |
18 |
24 |
Net Nonoperating Expense (NNE) |
|
2.00 |
60 |
11 |
-5.00 |
-4.00 |
16 |
11 |
-3.00 |
-6.00 |
29 |
Net Nonoperating Obligations (NNO) |
|
3,003 |
3,155 |
3,001 |
2,969 |
2,664 |
2,754 |
2,892 |
2,877 |
2,746 |
2,727 |
Total Depreciation and Amortization (D&A) |
|
55 |
57 |
52 |
51 |
52 |
49 |
57 |
50 |
50 |
49 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.49 |
($3.97) |
($1.26) |
$0.17 |
$1.17 |
($0.96) |
($0.91) |
$0.27 |
$0.06 |
($0.57) |
Adjusted Weighted Average Basic Shares Outstanding |
|
112.20M |
113.80M |
109.80M |
110.40M |
110.50M |
110.30M |
110.70M |
111.20M |
111.30M |
111.10M |
Adjusted Diluted Earnings per Share |
|
$0.48 |
($3.94) |
($1.26) |
$0.17 |
$1.15 |
($0.94) |
($0.91) |
$0.27 |
$0.06 |
($0.57) |
Adjusted Weighted Average Diluted Shares Outstanding |
|
113.50M |
113.80M |
109.80M |
111.30M |
112.10M |
110.30M |
110.70M |
111.90M |
112.20M |
111.10M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
109.48M |
109.48M |
110.37M |
110.48M |
110.49M |
110.49M |
111.11M |
111.27M |
111.26M |
111.26M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
75 |
-47 |
-107 |
20 |
9.56 |
-48 |
-78 |
-1,152 |
2.10 |
-21 |
Normalized NOPAT Margin |
|
4.20% |
-3.65% |
-9.80% |
1.25% |
0.62% |
-3.98% |
-7.15% |
0.00% |
0.14% |
-0.70% |
Pre Tax Income Margin |
|
3.71% |
-43.55% |
-16.65% |
1.35% |
10.99% |
-10.88% |
-11.78% |
0.00% |
0.20% |
-1.64% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
2.20 |
-15.14 |
-4.79 |
0.56 |
4.59 |
-3.57 |
-3.28 |
0.95 |
0.08 |
-1.36 |
NOPAT to Interest Expense |
|
1.93 |
-10.59 |
-3.35 |
0.36 |
3.38 |
-2.50 |
-2.30 |
0.68 |
0.03 |
-0.95 |
EBIT Less CapEx to Interest Expense |
|
1.33 |
-15.84 |
-5.11 |
0.21 |
4.11 |
-4.11 |
-3.74 |
0.50 |
-0.39 |
-2.03 |
NOPAT Less CapEx to Interest Expense |
|
1.07 |
-11.30 |
-3.67 |
0.00 |
2.89 |
-3.04 |
-2.76 |
0.23 |
-0.45 |
-1.62 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Augmented Payout Ratio |
|
44.50% |
-34.28% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Key Financial Trends
Anywhere Real Estate (NYSE: HOUS) Financial Overview and Trends (2022-Q4 2024-Q4):
Anywhere Real Estate's recent financial results reflect significant volatility in earnings, revenues, and expenses over the last two years. The company’s overall profitability and cash flow generation have fluctuated sharply, influenced by impairment charges, restructuring efforts, and debt management activities.
- In Q4 2024, total revenue increased significantly to approximately $2.995 billion, driven by strong non-interest income exceeding $3 billion, more than doubling recent quarterly figures from prior quarters in 2024.
- Operating cash flow improved notably in Q4 2024, with net cash from continuing operating activities at $67 million, signaling better cash generation compared to earlier quarters with negative or volatile cash flows.
- The company has maintained consistent capital expenditures for property and equipment between $16-$27 million per quarter, indicating ongoing investment into operational infrastructure.
- Debt management is evident with both issuance and repayment of debt in each quarter, highlighting active attempts at optimizing capital structure.
- Total common equity held relatively steady around $1.6 billion by Q3 2024, down from over $2 billion in 2022-Q3 but stable relative to recent quarters, which may reflect controlled capital erosion.
- Interest expense on long-term debt remained high and relatively stable, approximately $36-40 million per quarter in 2024, impacting net interest income which was negative in all quarters analyzed, suggesting the debt servicing cost is a regular burden.
- Marketing, salaries, and employee benefits expenses have fluctuated but remain substantial, reflecting significant ongoing investment in growth and operations; salaries range roughly from $720 million to $1.1 billion across quarters.
- Weighted average diluted shares outstanding have been stable around 110-112 million shares, indicating no drastic shareholder dilution in this period.
- Non-cash adjustments and changes in operating assets and liabilities influenced quarterly cash flows considerably, resulting in sometimes large swings in operating cash generation.
- The company consistently reported net losses or small profits on a quarterly basis in 2024, with Q4 2024 showing a net loss attributable to common shareholders of approximately $64 million and diluted EPS of -$0.57; this marks a deterioration versus positive earnings in Q2 and Q3 2024.
- Impairment charges were material in certain quarters: an extremely large impairment charge of $480 million in Q4 2022 impacted historically heavy losses; smaller but consistent impairments persisted through 2023 and 2024.
- Restructuring and special charges appeared frequently, totaling $8-$25 million in various quarters, indicating ongoing business realignments that add to expenses.
- The company’s total non-interest expenses consistently exceeded revenue in many quarters of 2024, leading to operating losses and negative pre-tax income.
- Total liabilities remain very high relative to equity, with long-term debt consistently above $2 billion and total liabilities around $4.1-$4.5 billion as of recent quarters, pointing to a leveraged capital structure with associated risks.
- Cash and cash equivalents slightly declined over two years from around $272 million in Q3 2022 to about $102 million in Q3 2024, which could pressure liquidity if operational cash flow stalls.
Summary:
Anywhere Real Estate has demonstrated an ability to generate significant revenue, chiefly through non-interest income, but profitability remains a concern with ongoing net losses in recent quarters. The company is actively managing debt and investing in operations while dealing with restructuring costs and impairment charges that weigh on earnings.
Investors should be attentive to the company’s efforts to control expenses, reduce impairment charges, and improve net income sustainability while monitoring liquidity and leverage levels. The contrasting results within 2024 quarters suggest volatility ahead, highlighting both risks and potential for recovery depending on market conditions and cost management success.
08/03/25 01:27 PMAI Generated. May Contain Errors.