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Segment Reporting (Text Block)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
The reportable segments presented represent those for which the Company maintains separate financial information regularly provided to and reviewed by its chief operating decision maker ("CODM") for performance assessment and resource allocation. The Company's CODM is the Company's Chief Executive Officer and President. The classification of reportable segments also considers the distinctive nature of services offered by each segment as follows:
Franchise Group is comprised of the Company's franchise business which franchises a portfolio of well-known, industry-leading franchise brokerage brands and also includes the Company's global relocation services operation and lead generation activities.
Owned Brokerage Group operates a full-service real estate brokerage business and also includes the Company's share of equity earnings or losses from its minority-owned real estate auction joint venture.
Title Group provides full-service title, escrow and settlement services to consumers, real estate companies, corporations and financial institutions primarily in support of residential real estate transactions. This segment also includes the Company's share of equity earnings or losses from Guaranteed Rate Affinity, its minority-owned mortgage origination joint venture, and from its minority-owned title insurance underwriter joint venture.
The CODM evaluates the performance of the Company's reportable segments primarily through two measures: revenue and operating EBITDA. The CODM focuses on revenue and operating EBITDA by reportable segment in evaluating period over period performance, including budget-to-actual variances, while also taking into consideration current market conditions. This approach provides greater transparency into the operating results of each reportable segment and facilitates effective resource allocation.
Operating EBITDA is defined as net income (loss) adjusted for depreciation and amortization, interest expense, net (excluding relocation services interest for securitization assets and securitization obligations), income taxes, and certain non-core items. Non-core items include non-cash stock-based compensation, restructuring charges, impairments, former parent legacy items, legal contingencies unrelated to normal operations which currently includes industry-wide antitrust lawsuits and class action lawsuits, gains or losses on the early extinguishment of debt, impairments, and gains or losses on discontinued operations or the sale of businesses, investments, or other assets.
Set forth in the tables below are Segment net revenues and a reconciliation to Total consolidated net revenues and Segment operating EBITDA and a reconciliation to Net income (loss) attributable to Anywhere and Anywhere Group before income taxes for the three and six months ended June 30, 2025 and 2024:
 Three Months Ended June 30, 2025
 Franchise GroupOwned Brokerage GroupTitle GroupTotals
Net revenues from external customers$176 $1,398 $108 $1,682 
Intersegment revenues (a)93 — — 93 
Segment net revenues269 1,398 108 1,775 
Reconciliation of Segment net revenues to Total consolidated net revenues
Elimination of intersegment revenues (a)(93)
Total consolidated net revenues1,682 
Less (b):
Commission and other agent-related costs— 1,117 — 1,117 
Operating61 246 86 393 
Marketing21 27 53 
General and administrative (c)
25 10 11 46 
Equity in earnings
— (1)(4)(5)
Other segment items (d)
(1)(1)— (2)
Segment operating EBITDA
163 — 10 173 
Reconciliation of Segment operating EBITDA to Net income attributable to Anywhere and Anywhere Group before income taxes
Unallocated amounts:
Former parent legacy cost, net
Gain on the early extinguishment of debt
(2)
Other corporate expenses40 
Depreciation and amortization49 
Interest expense, net36 
Stock-based compensation
Restructuring costs, net12 
Impairments— 
Legal contingencies
— 
Gain on the sale of businesses, investments or other assets, net
(3)
Net income attributable to Anywhere and Anywhere Group before income taxes
$36 
_______________
(a)Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.
(c)General and administrative expenses exclude non-cash stock-based compensation.
(d)Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment.
 Three Months Ended June 30, 2024
 Franchise GroupOwned Brokerage GroupTitle GroupTotals
Net revenues from external customers$173 $1,393 $103 $1,669 
Intersegment revenues (a)92 — — 92 
Segment net revenues265 1,393 103 1,761 
Reconciliation of Segment net revenues to Total consolidated net revenues
Elimination of intersegment revenues (a)(92)
Total consolidated net revenues1,669 
Less (b):
Commission and other agent-related costs— 1,108 — 1,108 
Operating59 239 77 375 
Marketing20 26 50 
General and administrative (c)
26 17 15 58 
Equity in earnings
— — (3)(3)
Other segment items (d)
(1)
Segment operating EBITDA
159 172 
Reconciliation of Segment operating EBITDA to Net income attributable to Anywhere and Anywhere Group before income taxes
Unallocated amounts:
Former parent legacy cost, net
Loss (gain) on the early extinguishment of debt
— 
Other corporate expenses29 
Depreciation and amortization48 
Interest expense, net40 
Stock-based compensation
Restructuring costs, net
Impairments
Legal contingencies— 
Loss (gain) on the sale of businesses, investments or other assets, net
— 
Net income attributable to Anywhere and Anywhere Group before income taxes
$41 
_______________
(a)Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.
(c)General and administrative expenses exclude non-cash stock-based compensation.
(d)Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment.
 Six Months Ended June 30, 2025
 Franchise GroupOwned Brokerage GroupTitle GroupTotals
Net revenues from external customers$312 $2,388 $186 $2,886 
Intersegment revenues (a)161 — — 161 
Segment net revenues473 2,388 186 3,047 
Reconciliation of Segment net revenues to Total consolidated net revenues
Elimination of intersegment revenues (a)(161)
Total consolidated net revenues2,886 
Less (b):
Commission and other agent-related costs— 1,902 — 1,902 
Operating122 451 161 734 
Marketing42 51 100 
General and administrative (c)
50 34 28 112 
Equity in earnings
— (2)(2)(4)
Other segment items (d)
(1)(1)— (2)
Segment operating EBITDA
260 (47)(8)205 
Reconciliation of Segment operating EBITDA to Net loss attributable to Anywhere and Anywhere Group before income taxes
Unallocated amounts:
Former parent legacy benefit, net
(2)
Gain on the early extinguishment of debt
(2)
Other corporate expenses73 
Depreciation and amortization95 
Interest expense, net72 
Stock-based compensation
Restructuring costs, net24 
Impairments
Legal contingencies
— 
Gain on the sale of businesses, investments or other assets, net
(4)
Net loss attributable to Anywhere and Anywhere Group before income taxes
$(66)
_______________
(a)Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.
(c)General and administrative expenses exclude non-cash stock-based compensation.
(d)Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment.
 Six Months Ended June 30, 2024
 Franchise GroupOwned Brokerage GroupTitle GroupTotals
Net revenues from external customers$309 $2,312 $174 $2,795 
Intersegment revenues (a)156 — — 156 
Segment net revenues465 2,312 174 2,951 
Reconciliation of Segment net revenues to Total consolidated net revenues
Elimination of intersegment revenues (a)(156)
Total consolidated net revenues2,795 
Less (b):
Commission and other agent-related costs— 1,834 — 1,834 
Operating123 440 146 709 
Marketing40 50 99 
General and administrative (c)
52 46 26 124 
Equity in earnings
— (1)(1)(2)
Other segment items (d)
(2)— (1)
Segment operating EBITDA
249 (55)(6)188 
Reconciliation of Segment operating EBITDA to Net loss attributable to Anywhere and Anywhere Group before income taxes
Unallocated amounts:
Former parent legacy cost, net
Loss (gain) on the early extinguishment of debt
— 
Other corporate expenses58 
Depreciation and amortization103 
Interest expense, net79 
Stock-based compensation
Restructuring costs, net18 
Impairments
Legal contingencies— 
Loss (gain) on the sale of businesses, investments or other assets, net
— 
Net loss attributable to Anywhere and Anywhere Group before income taxes
$(88)
_______________
(a)Intersegment revenues include intercompany royalties and marketing fees paid by Owned Brokerage Group to Franchise Group and are eliminated in consolidation.
(b)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker. Intersegment expenses are included within the amounts shown.
(c)General and administrative expenses exclude non-cash stock-based compensation.
(d)Other segment items include Net income (loss) attributable to noncontrolling interests and other non-operating items. Amounts are immaterial to each segment.
Reconciliations of reportable segment assets and other significant items to consolidated totals:
 Franchise GroupOwned Brokerage GroupTitle Group
Segment Total
Unallocated Corporate Amounts
Consolidated Total
As of June 30, 2025
Total assets$4,400 $572 $506 $5,478 $381 $5,859 
Investment in equity method investees— 32 134 166 — 166 
As of December 31, 2024
Total assets
$4,326 $561 $509 $5,396 $240 $5,636 
Investment in equity method investees— 31 151 182 — 182 
Three Months Ended June 30, 2025
Capital expenditures$$$$18 $$22 
Depreciation and amortization31 10 44 49 
Three Months Ended June 30, 2024
Capital expenditures$$$$13 $$18 
Depreciation and amortization30 11 44 48 
Six Months Ended June 30, 2025
Capital expenditures$17 $13 $$34 $$43 
Depreciation and amortization60 20 86 95 
Six Months Ended June 30, 2024
Capital expenditures$13 $11 $$27 $$36 
Depreciation and amortization59 23 13 95 103