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Rocket Companies, Inc. logo

Rocket Companies, Inc.

RKT

NYSEFinancial ServicesFinancial - Mortgages

Open in GoAI

Previous close

$13.93

−$0.13 · -0.92%

Aug 21, 4:00 PM ET

RKT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

68

Undervalued

Momentum

34

Weakening

Sentiment

67

Bullish

Risk resilience

31

High Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Rocket Companies, Inc. is a leading enterprise focused on leveraging technology across the real estate, mortgage, and e-commerce industries, with operations spanning the United States and Canada. The firm organizes its activities into two principal divisions: direct engagement with consumers and a collaborative partner network. Its extensive suite of solutions encompasses: Rocket Mortgage: A primary provider of mortgage lending services. Amrock: Offering vital services such as title insurance, property valuation, and transaction settlement. Rocket Homes: A comprehensive platform for home searching and a referral network connecting clients with real estate agents, employing technology to simplify the home buying and selling journey. Rocket Auto: An online marketplace for automotive retail that facilitates centralized and virtual support for car purchases. Rocket Loans: A service specializing in online personal loans. Core Digital Media: A digital advertising agency prominent in the mortgage, insurance, and education sectors. Rocket Solar: Connecting homeowners to digital financing options for solar energy installations through expert advisors. Truebill: A personal finance application designed to help users manage various aspects of their financial lives. Lendesk: A technology services company providing point-of-sale systems for mortgage professionals and loan origination software for private lenders. Edison Financial: A digital mortgage brokerage. Beyond these specific brands, Rocket Companies also undertakes the initiation, finalization, sale, and servicing of agency-conforming loans. Established in 1985, the company maintains its headquarters in Detroit, Michigan, and operates as a subsidiary of Rock Holdings, Inc.

Industry
Financial - Mortgages
Sector
Financial Services
Headquarters
US
CEO
Varun Krishna
Listed since
Aug 6, 2020
Employees
23,500

Market position

Day range

Current $13.93

52-week range

Current $13.93

Open
$14.24
Previous close
$14.06
Volume
18.28M
0.65× average
Average volume
28.19M
Average daily volume
Market cap
39.34B USD
Beta
2.21
Market reference 1
50-day average
$14.1514
-1.56% below average
200-day average
$16.3068
-14.58% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
61.32B USD
P/E (TTM)
89.07×
P/B (TTM)
1.68×
P/S (TTM)
4.07×
EV / EBITDA
68.9×
Earnings yield
-0.14%
Free cash flow yield
-8.42%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
89.92%
Operating margin
20.19%
Net margin
4.87%
Return on equity
-0.30%
Return on assets
-0.11%
Return on invested capital
3.42%

Financial health

Debt / equity
1.41×
Current ratio
16.62×
Altman Z-score
0.86
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends107%64%22%-21%Gross margin, FY2021: 96.27%Gross margin, FY2022: 94.67%Gross margin, FY2023: 91.01%Gross margin, FY2024: 91.31%Gross margin, FY2025: 91.57%Operating margin, FY2021: 46.94%Operating margin, FY2022: 12.36%Operating margin, FY2023: -10.06%Operating margin, FY2024: 12.37%Operating margin, FY2025: 8.72%Net margin, FY2021: 2.34%Net margin, FY2022: 0.77%Net margin, FY2023: -0.39%Net margin, FY2024: 0.54%Net margin, FY2025: -0.99%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 96.27%. Gross margin FY2022 94.67%. Gross margin FY2023 91.01%. Gross margin FY2024 91.31%. Gross margin FY2025 91.57%. Operating margin FY2021 46.94%. Operating margin FY2022 12.36%. Operating margin FY2023 -10.06%. Operating margin FY2024 12.37%. Operating margin FY2025 8.72%. Net margin FY2021 2.34%. Net margin FY2022 0.77%. Net margin FY2023 -0.39%. Net margin FY2024 0.54%. Net margin FY2025 -0.99%.

Income trends

Revenue

6.88B USD+27.37%

Operating income

600M USD-10.19%

Net income

−68M USD−97.37M USD
Income trends across reported periods14.53B USD9.1B USD3.67B USD−1.76B USDRevenue, FY2021: 13.18B USDRevenue, FY2022: 6B USDRevenue, FY2023: 4.01B USDRevenue, FY2024: 5.4B USDRevenue, FY2025: 6.88B USDOperating income, FY2021: 6.18B USDOperating income, FY2022: 741.91M USDOperating income, FY2023: −402.9M USDOperating income, FY2024: 668.05M USDOperating income, FY2025: 600M USDNet income, FY2021: 308.21M USDNet income, FY2022: 46.42M USDNet income, FY2023: −15.51M USDNet income, FY2024: 29.37M USDNet income, FY2025: −68M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 13.18B USD. Revenue FY2022 6B USD. Revenue FY2023 4.01B USD. Revenue FY2024 5.4B USD. Revenue FY2025 6.88B USD. Operating income FY2021 6.18B USD. Operating income FY2022 741.91M USD. Operating income FY2023 −402.9M USD. Operating income FY2024 668.05M USD. Operating income FY2025 600M USD. Net income FY2021 308.21M USD. Net income FY2022 46.42M USD. Net income FY2023 −15.51M USD. Net income FY2024 29.37M USD. Net income FY2025 −68M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue6.88B USD5.4B USD4.01B USD6B USD13.18B USD
Cost of goods sold580M USD469.23M USD359.97M USD319.98M USD491.89M USD
Gross profit6.3B USD4.93B USD3.65B USD5.68B USD12.68B USD
Selling, general, and administrative2.53B USD3.98B USD3.8B USD4.65B USD5.79B USD
Operating expenses5.7B USD4.26B USD4.05B USD4.94B USD6.5B USD
Interest income501M USD413.16M USD327.45M USD350.59M USD430.09M USD
Interest expense814M USD469.23M USD359.97M USD319.98M USD491.89M USD
Depreciation and amortization290M USD112.92M USD110.27M USD94.02M USD74.71M USD
Operating income600M USD668.05M USD−402.9M USD741.91M USD6.18B USD
Net income−68M USD29.37M USD−15.51M USD46.42M USD308.21M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+61.31%
11 comparable reports
Latest EPS result
0.16
Estimate 0.16 · Miss by 2.56%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.20.140.080.02Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 0.04, estimate 0.028, surprise +45.19%, Beat. Q2 2025, reported May 8, 2025: actual 0.04, estimate 0.038, surprise +4.17%, Beat. Q3 2025, reported Jul 31, 2025: actual 0.04, estimate 0.027, surprise +46.52%, Beat. Q4 2025, reported Oct 30, 2025: actual 0.07, estimate 0.045, surprise +55.76%, Beat. Q1 2026, reported Feb 26, 2026: actual 0.11, estimate 0.09, surprise +22.77%, Beat. Q2 2026, reported May 7, 2026: actual 0.15, estimate 0.115, surprise +30.43%, Beat. Q3 2026, reported Aug 6, 2026: actual 0.16, estimate 0.164, surprise -2.56%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 0.16, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.09B2.38B1.67B954.13MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 1.72B USD, estimate 1.15B USD, surprise +49.45%, Beat. Q2 2025, reported May 8, 2025: actual 1.1B USD, estimate 1.24B USD, surprise -11.23%, Miss. Q3 2025, reported Jul 31, 2025: actual 1.3B USD, estimate 1.28B USD, surprise +2.15%, Beat. Q4 2025, reported Oct 30, 2025: actual 1.56B USD, estimate 1.67B USD, surprise -6.55%, Miss. Q1 2026, reported Feb 26, 2026: actual 2.69B USD, estimate 2.22B USD, surprise +21.08%, Beat. Q2 2026, reported May 7, 2026: actual 2.94B USD, estimate 2.76B USD, surprise +6.73%, Beat. Q3 2026, reported Aug 6, 2026: actual 2.78B USD, estimate 2.81B USD, surprise -0.99%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 2.64B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$18.63

33.74% upside
Past 12 months12-month forecastHigh $22.50Average $18.63Low $16.00

Recent analyst actions

12 institutions
Stephens & Co.maintainOverweight
BenchmarkmaintainBuy

RKT news

gurufocus.com

Now's the Time: Late Summer Is the Best Season For Homebuyers to Score a Deal in These U.S. Metros

Now's the Time: Late Summer Is the Best Season For Homebuyers to Score a Deal in These U.S. Metros PR Newswire SEA

Read source
prnewswire.com

Now's the Time: Late Summer Is the Best Season For Homebuyers to Score a Deal in These U.S. Metros

Late August is the best time for homebuyers to score a deal in parts of California, Austin, TX and certain New York City suburbs Mid-September is the prime dealmaking window for buyers in Baltimore, Nashville, Southern…

Read source
prnewswire.com

With Buyers Firmly in the Driver's Seat, Home-Purchase Cancellations Hit Highest Level in Nearly 3 Years

Redfin reports 14% of U.S. homebuying deals fell through in July, the highest share since November 2023, as buyers gained more power SEATTLE, Aug. 21, 2026 /PRNewswire/ -- Nationwide, 14% of home-sale agreements that…

Read source
prnewswire.com

ROCKET MORTGAGE TO BE THE CLIENT PARTNER FOR AAF'S 2026-2027 NATIONAL STUDENT ADVERTISING COMPETITION

Students From More Than 100 Colleges and Universities Will Tackle A Real World Marketing Challenge As Part of the Premier College Advertising Competition WASHINGTON, Aug. 20, 2026 /PRNewswire/ -- The American Advertising…

Read source
prnewswire.com

Redfin Reports New Listings Tick Up As Summer Winds Down

High housing costs and economic uncertainty pushed pending home sales to their lowest level since March SEATTLE, Aug. 20, 2026 /PRNewswire/ -- New listings of U.S. homes for sale climbed 1.2% week over week to their…

Read source
247wallst.com

The Fed Held Rates Flat for 231 Days, Your Mortgage Rates Went Up Anyway

The Federal Reserve has not touched interest rates in over seven months, yet mortgage rates just climbed to their highest level in years. Understanding why exposes a flaw in how most borrowers think about the connection…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.80

2025 complete year-27.9% since 2021

Corporate action history

Dividend

Ex-dividend Mar 20, 2025

$0.80

Special

Record Mar 20, 2025 · Payment Apr 3, 2025

Dividend

Ex-dividend Mar 7, 2022

$1.01

Special

Record Mar 8, 2022 · Payment Mar 22, 2022

Dividend

Ex-dividend Mar 8, 2021

$1.11

Special

Record Mar 9, 2021 · Payment Mar 23, 2021

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ETFs holding RKT

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
382.87M
Weight
0.02%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
260.07M
Weight
0.12%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.97+0.53%
Gabelli Financial Services Opportunities ETF logoGabelli Financial Services Opportunities ETFGABF
Market value
190.81M
Weight
3.80%
AUM
50.2M USD
Expense ratio
0.90%
Price / 1D
$46.29+0.77%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
145.74M
Weight
0.15%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
114.34M
Weight
0.04%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.4+0.54%
iShares Large Cap Core Active ETF logoiShares Large Cap Core Active ETFBLCR
Market value
103.27M
Weight
1.56%
AUM
6.65B USD
Expense ratio
0.38%
Price / 1D
$49.12+0.20%
Vanguard Morningstar Mid-Cap Growth ETF logoVanguard Morningstar Mid-Cap Growth ETFVOT
Market value
91.92M
Weight
0.27%
AUM
33.5B USD
Expense ratio
0.05%
Price / 1D
$305.46+0.79%
Capital Group Growth ETF logoCapital Group Growth ETFCGGR
Market value
77.05M
Weight
0.31%
AUM
24.64B USD
Expense ratio
0.39%
Price / 1D
$47.00+1.12%

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