Breakdown | |||||
TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
5.07B | 5.40B | 4.01B | 6.00B | 13.18B | 15.90B | Gross Profit |
4.59B | 4.93B | 3.65B | 5.68B | 12.68B | 15.46B | EBIT |
146.58M | 668.05M | -402.90M | 741.91M | 6.18B | 9.53B | EBITDA |
259.39M | 780.97M | -292.63M | 835.93M | 6.26B | 9.61B | Net Income Common Stockholders |
2.77M | 29.37M | -15.51M | 46.42M | 308.21M | 197.95M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
4.17B | 4.06B | 1.14B | 722.29M | 2.13B | 1.97B | Total Assets |
25.25B | 24.51B | 19.23B | 20.08B | 32.77B | 37.53B | Total Debt |
14.80B | 13.98B | 9.56B | 8.71B | 19.26B | 21.95B | Net Debt |
13.39B | 12.70B | 8.43B | 7.98B | 17.13B | 19.98B | Total Liabilities |
16.67B | 15.47B | 10.93B | 11.61B | 23.02B | 29.65B | Stockholders Equity |
583.97M | 702.50M | 624.90M | 576.70M | 665.66M | 490.50M |
Cash Flow | Free Cash Flow | ||||
-1.26B | -3.43B | 49.99M | 10.72B | 7.44B | -1.78B | Operating Cash Flow |
-413.52M | -2.63B | 110.33M | 10.82B | 7.74B | -1.68B | Investing Cash Flow |
-455.66M | -495.47M | 861.15M | 578.74M | -664.85M | 517.20M | Financing Cash Flow |
1.41B | 3.28B | -623.56M | -12.82B | -6.92B | 1.76B |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
69 Neutral | $9.16B | 16.25 | 12.39% | ― | 6.44% | -7.86% | |
64 Neutral | $12.77B | 9.71 | 7.85% | 78.05% | 12.07% | -7.97% | |
61 Neutral | $4.95B | 14.71 | 9.32% | 1.25% | 23.79% | 121.61% | |
57 Neutral | $973.59M | 22.54 | 3.71% | 3.19% | 42.92% | 64.72% | |
56 Neutral | $27.52B | 68.51 | 0.45% | ― | 24.58% | -88.86% | |
49 Neutral | $2.32B | 23.43 | 5.62% | 3.92% | 6.68% | 6.08% | |
41 Neutral | $6.68B | 37.74 | -5.74% | 9.57% | 9.19% | -171.38% |
On June 3 and June 5, 2025, Rocket Companies announced and priced a private offering of $4 billion in senior notes due in 2030 and 2033. These notes will be guaranteed by Rocket Mortgage and its subsidiaries, and potentially by Redfin and Mr. Cooper upon their acquisitions. The proceeds will be used for redeeming existing notes, paying related fees, and repaying secured debt. The offering is not contingent on the acquisitions, but there are provisions for mandatory redemption if the Mr. Cooper acquisition is not completed by September 30, 2026.
The most recent analyst rating on (RKT) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Rocket Companies stock, see the RKT Stock Forecast page.
On May 20, 2025, Rocket Companies announced that Nancy Tellem decided not to stand for re-election as a Class II director, with her term ending on June 11, 2025. Following her departure, the Board decided to reduce its size to eight directors, effective upon the expiration of her term.
The most recent analyst rating on (RKT) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Rocket Companies stock, see the RKT Stock Forecast page.
Rocket Companies terminated its Revolving Credit Agreement dated July 4, 2024, with JPMorgan Chase Bank, N.A., without incurring any early termination penalties or prepayment premiums. This move may impact the company’s financial strategy and liquidity management, potentially influencing its market positioning and stakeholder relations.
On March 31, 2025, Rocket Companies announced a definitive agreement to acquire Mr. Cooper Group Inc. in an all-stock transaction valued at $9.4 billion. This merger aims to create a combined servicing portfolio of $2.1 trillion, enhancing Rocket’s market position by integrating Mr. Cooper’s servicing platform with Rocket’s origination capabilities. The transaction is expected to generate significant revenue and cost synergies, contributing to organic growth and increased operating leverage. The merger, which has been approved by both companies’ boards, is anticipated to close in the fourth quarter of 2025, pending shareholder and regulatory approvals.