YOLFTbeta
Rocket Companies Inc

Rocket Companies Inc

RKT · NYSE · Financial Services / Mortgage Finance

13.71USD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close13.71
Open13.63
Day Range13.50 – 13.99
52-Week Range10.18 – 24.36
Volume19.50M
Market Cap33.27B
P/E (TTM)0.00
Forward P/E16.45
EPS-0.03
Dividend Yield0.00%
Beta2.25
50-Day Avg12.45
200-Day Avg14.78

About

Rocket Companies, Inc., a fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada. It operates in two segments, Direct to Consumer and Partner Network. The company offers Rocket Mortgage, a mortgage lender service; Redfin, a digital real estate brokerage and home search platform; Rocket Close, a digital experience for appraisal management, settlement, and title services; Rocket Money, a finance app that offers a suite of financial wellness services including subscription cancellation, budget management and credit score improvement; and Rocket Loans, a platform for personal loan. It also originates, closes, sells, and services agency-conforming loans; and provides Rocket Pro that works with mortgage brokers, community banks, and credit unions, to maintain own brand and client relationships. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. was formerly a subsidiary of Rock Holdings Inc.

Company Details

  • SectorFinancial Services
  • IndustryMortgage Finance
  • CEOMr. Varun Krishna
  • Employees23.50K
  • Headquarters1050 Woodward Avenue, Detroit, MI, United States, 48226, USA
  • Websitehttps://www.rocketcompanies.com

Leadership

  • Mr. Daniel B. GilbertFounder & Chairman of the Board · b. 1962
  • Mr. Varun KrishnaCEO & Director · b. 1982
  • Mr. Brian Nicholas BrownPresident, CFO & Treasurer · b. 1979
  • Ms. Heather LovierChief Operating Officer · b. 1975
  • Mr. William C. EmersonDirector · b. 1963
  • Mr. William BanfieldChief Business Officer · b. 1972
  • Mr. Jesse K. Bray CPAPresident & CEO of Rocket Mortgage and Director · b. 1967
  • Mr. Noah EdwardsChief Accounting Officer · b. 1985
  • Mr. Shawn MalhotraChief Technology Officer · b. 1982
  • Ms. Sharon NgVice President of Investor Relations

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.80B4.89B4.25B4.31B5.20B15.90B13.18B6.00B4.01B5.40B6.88B
Growth (%)-+28.62%-12.96%+1.32%+20.77%+205.45%-17.11%-54.42%-33.29%+34.84%+27.37%
Cost of Revenue--180.94M229.35M271.77M431.82M491.89M319.98M359.97M469.23M580.00M
Gross Profit--4.07B4.08B4.93B15.46B12.68B5.68B3.65B4.93B6.30B
Gross Margin--95.75%94.68%94.78%97.28%96.27%94.67%91.01%91.31%91.57%
Operating Expense--3.30B3.46B4.03B5.93B6.50B4.94B4.05B4.26B5.70B
Operating Income1.53B2.13B771.94M618.10M904.44M9.53B6.18B741.91M-402.90M668.05M600.00M
Operating Margin40.19%43.64%18.15%14.34%17.38%59.96%46.94%12.36%-10.06%12.37%8.72%
EBITDA--840.75M695.02M979.39M9.61B6.26B835.93M-292.63M780.97M890.00M
EBITDA Margin--19.77%16.13%18.82%60.43%47.51%13.92%-7.30%14.46%12.94%
Net Income1.28B1.81B770.70M607.12M893.75M197.95M308.21M46.42M-15.51M29.37M-68.00M
Net Income Margin33.56%37.00%18.12%14.09%17.17%1.25%2.34%0.77%-0.39%0.54%-0.99%
Interest Expense00180.94M229.35M271.77M431.82M491.89M319.98M359.97M469.23M814.00M
Interest Expense % of Total Revenue0.00%0.00%4.25%5.32%5.22%2.72%3.73%5.33%8.99%8.69%11.83%

Balance Sheet

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-11.55B20.08B37.53B32.77B20.08B19.23B24.51B60.69B
Total Liabilities-8.77B16.57B29.65B23.02B11.61B10.93B15.47B37.79B
Total Equity-2.78B3.50B7.88B9.76B8.48B8.30B9.04B22.90B
Cash-1.05B1.35B1.97B2.13B722.29M1.11B1.27B2.70B
Total Debt-4.04B5.65B21.95B21.18B8.73B9.56B13.98B-
Net Debt-2.98B4.30B19.98B19.05B7.98B8.45B12.70B-2.70B

Cash Flow

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-242.72M1.43B-6.98B-1.68B7.74B10.82B110.33M-2.63B-3.93B
Investing Cash Flow-88.96M-94.48M71.89M517.20M-664.85M578.74M861.15M-495.47M-2.53B
Financing Cash Flow992.14M-1.67B7.23B1.76B-6.92B-12.82B-623.56M3.28B8.10B
Capital Expenditure67.78M64.47M48.84M106.35M302.82M107.76M60.34M805.11M91.00M
Free Cash Flow-310.50M1.37B-7.03B-1.78B7.44B10.72B49.99M-3.43B-4.02B
Dividends Paid1.38B1.38B1.38B1.38B3.57B2.00B---
FCF to OCF127.92%95.50%100.70%106.34%96.09%99.00%45.31%130.62%102.32%
Dividend Paid to FCF-442.89%100.62%-19.57%-77.10%47.94%18.66%---

Earnings

Report DateMay 28, 2020Aug 14, 2020Nov 10, 2020Feb 25, 2021May 5, 2021Aug 12, 2021Nov 4, 2021Feb 24, 2022May 10, 2022Aug 4, 2022Nov 3, 2022Feb 28, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 22, 2024May 2, 2024Aug 1, 2024Nov 12, 2024Feb 27, 2025May 8, 2025Jul 31, 2025Oct 30, 2025Feb 26, 2026Apr 30, 2026Aug 6, 2026Oct 29, 2026
EPS Estimate-1.401.080.870.900.480.480.370.190.02-0.03-0.11-0.09-0.05-0.02-0.040.010.050.080.030.040.030.050.060.160.130.11
EPS Actual0.330.451.211.140.890.460.570.320.15-0.03-0.08-0.10-0.06-0.020.04-0.080.040.060.080.040.040.040.070.060.150.13-
Surprise--67.86%12.04%31.03%-1.11%-4.17%18.75%-13.51%-21.05%-250.00%-166.67%9.09%33.33%60.00%324.50%-99.00%300.00%20.00%0.00%43.88%0.00%33.33%40.00%0.00%-4.88%0.00%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap33.27B
Enterprise Value62.49B
Trailing P/E0.00
Forward P/E16.45
PEG Ratio0.53
Price / Sales3.24
Price / Book1.42
EPS-0.03
Book Value8.32
Revenue (TTM)10.24B
Gross Profit (TTM)10.24B
EBITDA2.58B
Profit Margin4.60%
Operating Margin27.08%
Return on Equity3.03%
Return on Assets2.81%
Shares Outstanding1.91B
Shares Float1.88B
Beta2.25
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 17 analystsTarget 15.77
  • Strong Buy
    6
  • Buy
    4
  • Hold
    7

Ownership Breakdown

Institutions
52.35%
Insiders
0.63%
Retail / Other
47.02%

Top Institutional Holders

  • Capital World Investors
    69.33M2.45%
  • BlackRock Inc
    69.07M2.44%
  • T. Rowe Price Associates, Inc.
    55.27M1.95%
  • FMR Inc
    52.06M1.84%
  • Vanguard Capital Management, LLC
    42.69M1.51%
  • Valueact Holdings, L.p.
    41.67M1.47%
  • Vanguard Portfolio Management, LLC
    40.50M1.43%
  • Capital Research & Mgmt Co - Division 3
    33.41M1.18%
  • Morgan Stanley - Brokerage Accounts
    28.54M1.01%
  • The Goldman Sachs Group Inc
    23.23M0.82%
  • State Street Corp
    22.27M0.79%
  • Cooperman Leon G
    21.02M0.74%
  • Bank of America Corp
    19.73M0.70%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    60.55M2.14%
  • American Funds Growth Fd of Amer A
    57.62M2.03%
  • Vanguard MStar Mid Cap Index Instl
    40.82M1.44%
  • American Funds American Balanced A
    23.00M0.81%
  • American Funds AMCAP A
    20.00M0.71%
  • Fidelity Contrafund
    18.23M0.64%
  • Vanguard MStar Value Index Investor
    18.16M0.64%

Dividends

20251×
0.80Mar 20, 2025
20221×
1.01Mar 7, 2022
20211×
1.11Mar 8, 2021