Fathom Holdings Inc. FTHM

Competitive advantage analysis · real-estate

Corporate Default
Overall moat score
40/100
Developing

Ranked against 51 peers in Real Estate Services

About Fathom Holdings Inc.

Fathom Holdings Inc. provides a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services in the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Technology. The Real Estate Brokerage segment provides real estate brokerage services. The Mortgage segment offers residential loan origination and underwriting services. The Technology segment provides Software as a … Full FTHM analysis →

Key strengths

  • Margins Stable Across Cycles Operating margin volatility is low (stability score 0.87), demonstrating pricing resilience across cycles.

Key risks

  • ROIC Below WACC or Peers ROIC at 16.3th percentile suggests inefficient capital deployment.
  • Elevated Debt Risk Debt serviceability is weak (score 0.17), raising refinancing risk.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

Upgrade to unlock the signals and evidence behind each defense.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Developing
45
Premium

Signals, strengths and risks for Pricing Power

Premium

Signals, strengths and risks for Cost Advantage

Premium

Signals, strengths and risks for Customer Stickiness

Premium

Signals, strengths and risks for Capital Efficiency

Premium

Signals, strengths and risks for Resilience

Premium

Signals, strengths and risks for Scale & Market Position

Where FTHM ranks in Real Estate Services

Fathom Holdings Inc. ranks #34 of 51 scored companies in Real Estate Services by moat score — the top 67%. The widest moat in the group is New England Realty Associates L (NEN) at 79/100.

# Company Moat score Rating
30 The Real Brokerage, Inc. REAX 45/100 Developing
31 American Realty Investors, Inc. ARL 44/100 Developing
32 Altisource Portfolio Solutions ASPS 44/100 Developing
33 Offerpad Solutions Inc. OPAD 42/100 Developing
34 Fathom Holdings Inc. FTHM 40/100 Developing
35 Star Holdings - Shares of Benef STHO 37/100 Developing
36 Maui Land & Pineapple Company, MLP 35/100 Developing
37 Avalon GloboCare Corp. ALBT 29/100 Developing
38 Fangdd Network Group Ltd. DUO 27/100 Developing

See every General Corporate company ranked by moat score →

How FTHM scores on the Corporate Default defenses

Pricing Power

Score 45 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 68 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 37 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 25 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 24 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 43 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding FTHM's moat

What is Fathom Holdings Inc.'s moat score?

Fathom Holdings Inc. (FTHM) scores 40 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #34 of 51 scored companies in Real Estate Services, the top 67%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 51 companies in Real Estate Services. Its strongest defense is Cost Advantage (68/100) and its weakest is Resilience (24/100).

How does Fathom Holdings Inc. compare with other Real Estate Services companies?

Fathom Holdings Inc. ranks #34 of 51 scored companies in Real Estate Services by moat score. The widest moat in Real Estate Services is New England Realty Associates L (NEN) at 79/100. The companies ranked closest are Offerpad Solutions Inc. (OPAD) at 42 just above it and Star Holdings - Shares of Benef (STHO) at 37 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 51 companies in Real Estate Services. The defenses are then weighted to produce the overall score out of 100.

Why is Fathom Holdings Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Fathom Holdings Inc.?

The Corporate Default template measures 6 defenses, and FTHM scores: Pricing Power (45), Cost Advantage (68), Customer Stickiness (37), Capital Efficiency (25), Resilience (24), Scale & Market Position (43). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

Send Feedback
Please select a category.
0/1000