Redfin Corp
NASDAQ:RDFN

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Redfin Corp
NASDAQ:RDFN
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Price: 11.19 USD Market Closed
Market Cap: 1.4B USD

Operating Margin
Redfin Corp

-14%
Current
-17%
Average
25.2%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-14%
=
Operating Profit
-145.8m
/
Revenue
1B

Operating Margin Across Competitors

Redfin Corp
Glance View

Market Cap
1.4B USD
Industry
Real Estate

Redfin Corporation, the brainchild of former Microsoft executive David Eraker, embarked on its journey in 2004 with a mission to reinvent the traditional real estate market. By integrating cutting-edge technology into the hunting grounds of homebuyers and sellers, Redfin emerged as a pioneer in the realm of online real estate platforms. Headquartered in Seattle, the company has woven an intricate business model that marries technological innovation with real estate brokerage services. It offers a digital-first experience, allowing users to sift through property listings, access detailed home tours, and gather invaluable real estate insights—all from the comfort of their screens. This user-centric platform forms the crux of Redfin's operations, driving profitability through charges on successful transactions and ancillary services. Redfin's distinctive fee structure is a linchpin in its business model, often undercutting traditional brokerage fees by adopting a lower commission rate. Unlike traditional real estate firms that earn through hefty commission percentages, Redfin incentivizes its agents with salaries and bonuses, thereby fostering a service-centric environment focused on customer satisfaction rather than sheer sales volume. Additionally, the company has diversified its revenue streams by incorporating services like Redfin Mortgage and Title Forward. These extensions into mortgage and title services provide a one-stop-shop for users and deliver incremental revenue. The blend of digital prowess and unique service offerings positions Redfin as a formidable player in the rapidly evolving real estate sector.

RDFN Intrinsic Value
21.37 USD
Undervaluation 48%
Intrinsic Value
Price
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-14%
=
Operating Profit
-145.8m
/
Revenue
1B
What is the Operating Margin of Redfin Corp?

Based on Redfin Corp's most recent financial statements, the company has Operating Margin of -14%.

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