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HOUS

Anywhere Real Estate Inc.

HOUS

Anywhere Real Estate Inc. • NYSE
$14.26 ▲ 0.25% (+0.04)
Market Cap $1.60 B
52w High $14.93
52w Low $2.71
Dividend Yield 0%
P/E -12.5
Volume 700.28K
Outstanding Shares 112.10M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.626B ▼ $161M ▼ $-13M ▼ -0.8% ▼ $-0.12 ▼ $35M ▼
Q2-2025 $1.682B ▲ $490M ▲ $27M ▲ 1.605% ▲ $0.24 ▲ $117M ▲
Q1-2025 $1.204B ▼ $470M ▲ $-78M ▼ -6.478% ▼ $-0.7 ▼ $-19M ▼
Q4-2024 $1.362B ▼ $468M ▲ $-64M ▼ -4.699% ▼ $-0.58 ▼ $34M ▼
Q3-2024 $1.535B $162M $7M 0.456% $0.063 $89M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $139M ▼ $5.743B ▼ $4.223B ▼ $1.516B ▼
Q2-2025 $266M ▲ $5.859B ▲ $4.33B ▲ $1.525B ▲
Q1-2025 $110M ▼ $5.588B ▼ $4.092B ▲ $1.493B ▼
Q4-2024 $118M ▲ $5.636B ▼ $4.066B ▼ $1.567B ▼
Q3-2024 $102M $5.748B $4.122B $1.624B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-13M ▼ $118M ▲ $-26M ▼ $-225M ▼ $-133M ▼ $92M ▲
Q2-2025 $45M ▲ $-28M ▲ $-17M ▼ $207M ▲ $163M ▲ $-51M ▲
Q1-2025 $-78M ▼ $-105M ▼ $-13M ▲ $109M ▲ $-9M ▼ $-125M ▼
Q4-2024 $0 ▼ $67M ▼ $-23M ▼ $-24M ▲ $18M ▲ $43M ▼
Q3-2024 $7M $120M $-19M $-133M $-31M $102M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Franchise
Franchise
 $90.00M ▲$70.00M ▼$100.00M ▲$100.00M ▲
Gross Commission Income
Gross Commission Income
 $1.10Bn ▲$980.00M ▼$1.38Bn ▲$1.32Bn ▼
Service
Service
 $140.00M ▲$130.00M ▼$170.00M ▲$170.00M ▲
Service Other
Service Other
 $30.00M ▲$30.00M ▲$30.00M ▲$30.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Anywhere’s revenue has come down from its peak a few years ago and has recently been more or less flat, suggesting a tougher housing market and competitive pressure. Profitability is thin: gross profit and operating profit have both shrunk from earlier highs, and the company has posted net losses in most of the past five years, with only one solidly profitable year in between. This points to a business that can generate meaningful sales but struggles to convert those sales into lasting, reliable earnings, especially when housing activity slows.

Balance Sheet

Balance Sheet The balance sheet shows a company that is still sizeable but has gradually slimmed down its asset base since the post‑pandemic peak. Cash on hand is relatively low compared with the overall size of the business, while debt remains high and has only been reduced modestly over time. Equity has drifted down from earlier levels but has been fairly stable recently. Overall, leverage is meaningful, giving the company less room for error if the housing cycle weakens again or if integration and transformation efforts run over budget.

Cash Flow

Cash Flow Despite accounting losses, Anywhere has generally managed to produce positive cash flow from its operations in most years, with only one recent year of notable weakness. Free cash flow has followed a similar pattern: mostly positive but not especially strong, helped by relatively modest spending on capital investments. This shows the core model can generate cash, but not yet at a level that clearly offsets the pressure from leverage and uneven profitability. Stability of cash generation through the housing cycle remains a key uncertainty.

Competitive Edge

Competitive Edge Anywhere’s biggest strengths are its scale, its multi-brand portfolio, and its integrated service model. It owns or franchises many of the best-known residential real estate brands and participates in multiple parts of the transaction, from brokerage and franchising to title, settlement, and relocation. This breadth creates several revenue streams and deep relationships with agents and consumers. At the same time, the company faces intense competition from tech‑driven brokerages, low‑cost models, and other large networks. Its advantage rests on maintaining brand relevance, agent loyalty, and service quality while adapting fast enough to ongoing digital disruption and a choppy housing market.

Innovation and R&D

Innovation and R&D Innovation is a clear strategic focus. Anywhere is investing in its AI-driven Anywhere Intelligence Platform to make agents more productive and improve the consumer experience. Tools that speed up listing creation, automate marketing content, and score leads more intelligently aim to reduce friction in the transaction and strengthen agent loyalty. Partnerships, such as with Canva, further enhance the marketing toolkit for agents at scale. Looking ahead, the planned all‑stock merger with Compass is intended to combine strong technology with broad distribution, but it also brings execution and integration risks, along with regulatory and timing uncertainty.

Summary

Anywhere Real Estate is a large, well-known player in residential real estate services that is in the middle of a strategic transformation. The company has strong brands, a wide service footprint, and a growing set of technology tools, but it operates in a cyclical, highly competitive industry and has recently struggled to convert revenue into consistent profits. Its balance sheet carries meaningful debt, while cash flows are positive but not yet comfortably robust. The core story is about whether management can successfully use scale, brand power, and AI‑driven innovation—plus the planned Compass merger—to stabilize earnings and strengthen financial resilience through future housing cycles.

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November 10, 2025 · 10:00 AM UTC

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November 4, 2025 · 7:00 AM UTC

ANYWHERE REAL ESTATE INC. REPORTS THIRD QUARTER 2025 FINANCIAL RESULTS

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October 16, 2025 · 7:00 AM UTC

Anywhere to Release Third Quarter 2025 Financial Results and Host Webcast on November 4, 2025

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October 8, 2025 · 8:00 AM UTC

Cartus at 70: Still Defining the Future of Corporate Relocation

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