Rocket Companies Financials

RKT Stock  USD 14.34  0.56  3.76%   
Based on the key indicators related to Rocket Companies' liquidity, profitability, solvency, and operating efficiency, Rocket Companies may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Rocket Companies' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Inventory is likely to gain to about 1.5 B in 2025, whereas Total Current Liabilities is likely to drop slightly above 172.6 M in 2025. Key indicators impacting Rocket Companies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.560.59
Notably Down
Slightly volatile
Current Ratio8.77.0047
Fairly Up
Slightly volatile
The essential information of the day-to-day investment outlook for Rocket Companies includes many different criteria found on its balance sheet. An individual investor should monitor Rocket Companies' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Rocket Companies.

Cash And Equivalents

1.6 Billion

  
Please note, the imprecision that can be found in Rocket Companies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Rocket Companies. Check Rocket Companies' Beneish M Score to see the likelihood of Rocket Companies' management manipulating its earnings.

Rocket Companies Stock Summary

Rocket Companies competes with Loandepot, Mr Cooper, PennyMac Finl, Guild Holdings, and UWM Holdings. Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings, Inc. Rocket Companies operates under Mortgage Finance classification in the United States and is traded on New York Stock Exchange. It employs 26000 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS77311W1018
CUSIP77311W101
LocationMichigan; U.S.A
Business Address1050 Woodward Avenue,
SectorFinancial Services
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.rocketcompanies.com
Phone313 373 7990
CurrencyUSD - US Dollar

Rocket Companies Key Financial Ratios

Rocket Companies Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets37.5B32.8B20.1B19.2B24.5B26.0B
Other Current Liab(627.0M)(346.5M)1.4B63.4M73.0M58.6M
Other Liab450.2M1.2B1.5B1.1B1.3B1.1B
Net Tangible Assets595.3M(2.4B)665.7M(682.2M)(614.0M)(644.7M)
Net Debt20.0B17.1B8.0B8.4B(1.3B)(1.2B)
Accounts Payable252.0M271.5M116.3M171.4M181.7M195.3M
Cash2.0B2.1B722.3M1.1B1.3B1.1B
Other Assets32.0B24.6B16.9B8.2B21.0B19.8B
Long Term Debt3.4B18.7B8.3B4.5B4.8B7.0B
Net Receivables22.2M517.8M10.8M579.2M666.1M699.4M
Good Will47.2M1.3B1.3B1.2B1.2B810.0M
Long Term Debt Total2.4B3.4B18.7B8.3B9.5B7.7B
Inventory1.6M1.1M492K1.2B1.4B1.5B
Other Current Assets(653.7M)169.0M(1.3B)158.3M142.4M135.3M
Total Liab29.7B23.0B11.6B10.9B15.5B13.3B
Net Invested Capital27.7B19.4B8.9B5.4B5.7B11.1B
Short Long Term Debt705.3M75M672.9M203.2M253.3M352.0M
Total Current Assets2.0B2.1B722.3M2.2B1.3B2.1B
Cash And Equivalents1.4B2.0B2.1B722.3M830.6M1.6B
Short Term Debt375M75M456.2M1.7B1.9B2.0B
Intangible Assets2.9B5.4B6.9B6.4B7.6B5.6B

Rocket Companies Key Income Statement Accounts

The reason investors look at the income statement is to determine what Rocket Companies' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Tax Provision132.4M112.7M42.0M(15.4M)32.2M35.2M
Interest Income431.8M430.1M350.6M326.5M413.2M303.4M
Interest Expense431.8M491.9M320.0M360.0M469.2M303.0M
Total Revenue15.5B12.7B5.7B3.6B5.1B7.1B
Operating Income330.3M420.9M160.9M(294.9M)3.4B3.6B
Income Before Tax9.5B6.2B741.9M(402.9M)668.1M634.6M
Net Income9.4B6.1B699.9M(15.5M)29.4M27.9M
Net Interest Income(102.2M)(61.8M)30.6M8.2M(56.1M)(58.9M)
Gross Profit15.5B12.6B5.6B3.5B5.1B7.4B
Ebit330.3M420.9M160.9M(42.9M)352.5M393.5M
Ebitda404.6M495.7M254.9M67.3M465.4M460.6M
Cost Of Revenue74.3M74.7M94.0M110.3M99.2M183.3M
Income Tax Expense132.4M112.7M42.0M(12.8M)(32.2M)(30.6M)
Minority Interest7.4B(5.8B)(653.5M)627.5M(606.5M)(576.1M)

Rocket Companies Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory(93.8M)(7.2M)(12.4M)1.0M938.7K985.6K
Investments517.2M(61.1M)14.6M935.5M(495.5M)(470.7M)
Change In Cash598.4M157.5M(1.4B)347.7M152.5M160.1M
Net Borrowings7.4B6.9B(2.7B)(10.5B)(9.5B)(9.0B)
Free Cash Flow(1.8B)7.4B10.7B50.0M(3.4B)(3.3B)
Depreciation74.3M74.7M94.0M110.3M112.9M94.5M
Other Non Cash Items(11.2B)1.2B10.2B26.4M(3.7B)(3.5B)
Capital Expenditures106.3M302.8M107.8M60.3M805.1M845.4M
Net Income9.4B6.1B699.9M(15.5M)635.8M604.0M
End Period Cash Flow2.1B2.2B789.1M1.1B1.3B1.1B
Change To Netincome(8.0B)(1.8B)1.7B10.1B11.6B12.2B

Rocket Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Rocket Companies's current stock value. Our valuation model uses many indicators to compare Rocket Companies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rocket Companies competition to find correlations between indicators driving Rocket Companies's intrinsic value. More Info.
Rocket Companies is rated below average in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  0.44  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Rocket Companies is roughly  2.26 . At this time, Rocket Companies' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Rocket Companies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Rocket Companies Systematic Risk

Rocket Companies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rocket Companies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Rocket Companies correlated with the market. If Beta is less than 0 Rocket Companies generally moves in the opposite direction as compared to the market. If Rocket Companies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rocket Companies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rocket Companies is generally in the same direction as the market. If Beta > 1 Rocket Companies moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Rocket Companies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Rocket Companies' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Rocket Companies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.47)

At this time, Rocket Companies' Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Rocket Companies March 21, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Rocket Companies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rocket Companies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rocket Companies based on widely used predictive technical indicators. In general, we focus on analyzing Rocket Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rocket Companies's daily price indicators and compare them against related drivers.

Additional Tools for Rocket Stock Analysis

When running Rocket Companies' price analysis, check to measure Rocket Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rocket Companies is operating at the current time. Most of Rocket Companies' value examination focuses on studying past and present price action to predict the probability of Rocket Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocket Companies' price. Additionally, you may evaluate how the addition of Rocket Companies to your portfolios can decrease your overall portfolio volatility.