Rocket Historical Income Statement

RKT Stock  USD 14.00  1.17  9.12%   
Historical analysis of Rocket Companies income statement accounts such as Operating Income of 3.6 B, Income Before Tax of 634.6 M, Net Income Applicable To Common Shares of 39.7 M or Net Income of 665.3 M can show how well Rocket Companies performed in making a profits. Evaluating Rocket Companies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rocket Companies's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Rocket Companies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Rocket Companies is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocket Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Rocket Stock please use our How to Invest in Rocket Companies guide.

About Rocket Income Statement Analysis

Rocket Companies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Rocket Companies shareholders. The income statement also shows Rocket investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Rocket Companies Income Statement Chart

At this time, Rocket Companies' Total Revenue is comparatively stable compared to the past year. Operating Income is likely to gain to about 3.6 B in 2025, whereas Interest Expense is likely to drop slightly above 286.1 M in 2025.

Total Revenue

Total revenue comprises all receipts Rocket Companies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Rocket Companies minus its cost of goods sold. It is profit before Rocket Companies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Rocket Companies. It is also known as Rocket Companies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Rocket Companies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rocket Companies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocket Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Rocket Stock please use our How to Invest in Rocket Companies guide.At this time, Rocket Companies' Total Revenue is comparatively stable compared to the past year. Operating Income is likely to gain to about 3.6 B in 2025, whereas Interest Expense is likely to drop slightly above 286.1 M in 2025.
 2022 2023 2024 2025 (projected)
Other Operating Expenses5.1B3.8B1.7B1.6B
Gross Profit5.6B3.5B5.1B7.4B

Rocket Companies income statement Correlations

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0.580.420.69-0.250.440.45-0.130.730.590.710.390.44-0.83-0.83-0.91-0.320.62-0.40.50.09
0.840.420.63-0.830.670.68-0.55-0.080.740.60.770.76-0.31-0.32-0.36-0.31-0.220.560.88-0.03
0.930.690.63-0.220.930.94-0.70.130.71.00.580.91-0.45-0.46-0.59-0.390.0-0.160.880.25
-0.48-0.25-0.83-0.22-0.28-0.30.30.06-0.43-0.21-0.51-0.430.240.240.180.10.18-0.75-0.570.0
0.930.440.670.93-0.281.0-0.88-0.150.640.910.560.99-0.2-0.21-0.33-0.32-0.240.070.920.33
0.930.450.680.94-0.31.0-0.87-0.130.630.910.560.99-0.22-0.23-0.34-0.31-0.230.080.920.34
-0.74-0.13-0.55-0.70.3-0.88-0.870.46-0.48-0.66-0.42-0.89-0.19-0.17-0.020.330.52-0.31-0.76-0.31
-0.040.73-0.080.130.06-0.15-0.130.460.040.19-0.06-0.18-0.88-0.87-0.780.030.97-0.61-0.120.06
0.810.590.740.7-0.430.640.63-0.480.040.690.890.68-0.27-0.28-0.49-0.74-0.050.110.8-0.38
0.910.710.61.0-0.210.910.91-0.660.190.690.570.89-0.49-0.5-0.63-0.380.05-0.20.860.25
0.730.390.770.58-0.510.560.56-0.42-0.060.890.570.6-0.24-0.25-0.33-0.76-0.170.260.74-0.54
0.950.440.760.91-0.430.990.99-0.89-0.180.680.890.6-0.18-0.19-0.32-0.32-0.290.20.960.3
-0.34-0.83-0.31-0.450.24-0.2-0.22-0.19-0.88-0.27-0.49-0.24-0.181.00.840.07-0.780.4-0.28-0.12
-0.35-0.83-0.32-0.460.24-0.21-0.23-0.17-0.87-0.28-0.5-0.25-0.191.00.840.07-0.760.4-0.29-0.12
-0.46-0.91-0.36-0.590.18-0.33-0.34-0.02-0.78-0.49-0.63-0.33-0.320.840.840.15-0.650.41-0.39-0.08
-0.41-0.32-0.31-0.390.1-0.32-0.310.330.03-0.74-0.38-0.76-0.320.070.070.150.070.07-0.390.67
-0.170.62-0.220.00.18-0.24-0.230.520.97-0.050.05-0.17-0.29-0.78-0.76-0.650.07-0.66-0.250.05
0.16-0.40.56-0.16-0.750.070.08-0.31-0.610.11-0.20.260.20.40.40.410.07-0.660.28-0.06
0.990.50.880.88-0.570.920.92-0.76-0.120.80.860.740.96-0.28-0.29-0.39-0.39-0.250.280.13
0.140.09-0.030.250.00.330.34-0.310.06-0.380.25-0.540.3-0.12-0.12-0.080.670.05-0.060.13
Click cells to compare fundamentals

Rocket Companies Account Relationship Matchups

Rocket Companies income statement Accounts

202020212022202320242025 (projected)
Tax Provision132.4M112.7M42.0M(15.4M)(17.7M)(16.8M)
Interest Income431.8M430.1M350.6M326.5M375.4M286.6M
Interest Expense431.8M491.9M320.0M360.0M315.6M286.1M
Selling General Administrative4.3B4.5B3.7B3.1B893.2M848.5M
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)700.3M665.3M
Net Interest Income(102.2M)(61.8M)30.6M8.2M9.5M10.0M
Depreciation And Amortization74.3M74.7M94.0M110.3M112.9M92.3M
Selling And Marketing Expenses949.9M1.2B945.7M736.7M824.0M727.7M
Gross Profit15.5B12.6B5.6B3.5B5.1B7.4B
Other Operating Expenses4.5B12.3B5.1B3.8B1.7B1.6B
Net Income From Continuing Ops9.4B6.1B699.9M(650.0M)(747.5M)(710.2M)
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
Total Operating Expenses4.5B(12.3B)5.1B3.6B1.7B1.8B
Reconciled Depreciation74.3M74.7M94.0M107.7M123.8M89.8M
Total Other Income Expense Net(431.8M)(491.9M)(320.0M)(108.0M)(2.7B)(2.6B)
Income Tax Expense132.4M112.7M42.0M(12.8M)(32.2M)(30.6M)
Minority Interest7.4B(5.8B)(653.5M)627.5M564.8M593.0M

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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.