XNYSRKT
Market cap22bUSD
Dec 26, Last price
11.20USD
1D
0.81%
1Q
-40.83%
IPO
-55.02%
Name
Rocket Companies Inc
Chart & Performance
Profile
Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and e-Commerce businesses in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; Rocket Auto, an automotive retail marketplace that provides centralized and virtual car sales support to online car purchasing platforms; and Rocket Loans, an online-based personal loans business. It also offer Core Digital Media, a digital social and display advertiser in the mortgage, insurance, and education sectors; Rocket Solar, which connect homeowners with digital financing solutions through a team of trained solar advisors; Truebill, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a technology services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; and Edison Financial, a digital mortgage broker. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings, Inc.
IPO date
Aug 06, 2020
Employees
18,500
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
Income | |||||||
Revenues | 3,614,507 -36.42% | 5,684,897 -55.18% | 12,683,726 -18.43% | ||||
Cost of revenue | 3,907,103 | 4,743,777 | 5,864,529 | ||||
Unusual Expense (Income) | |||||||
NOPBT | (292,596) | 941,120 | 6,819,197 | ||||
NOPBT Margin | 16.55% | 53.76% | |||||
Operating Taxes | (12,817) | 41,978 | 112,738 | ||||
Tax Rate | 4.46% | 1.65% | |||||
NOPAT | (279,779) | 899,142 | 6,706,459 | ||||
Net income | (15,514) -102.22% | 699,933 -88.47% | 6,072,163 -35.40% | ||||
Dividends | (1,972,813) | (3,994,325) | |||||
Dividend yield | 14.29% | 14.34% | |||||
Proceeds from repurchase of equity | 24,878 | (139,940) | (189,603) | ||||
BB yield | -0.09% | 1.01% | 0.68% | ||||
Debt | |||||||
Debt current | 1,664,107 | 456,232 | 75,000 | ||||
Long-term debt | 5,240,647 | 9,128,552 | 19,668,885 | ||||
Deferred revenue | |||||||
Other long-term liabilities | 1,053,378 | 2,328,317 | (19,186,701) | ||||
Net debt | 5,434,268 | 8,822,150 | 12,116,876 | ||||
Cash flow | |||||||
Cash from operating activities | 110,329 | 10,823,495 | 7,743,928 | ||||
CAPEX | (60,336) | (107,764) | (302,818) | ||||
Cash from investing activities | 861,153 | 578,742 | (664,852) | ||||
Cash from financing activities | (623,558) | (12,823,786) | (6,921,467) | ||||
FCF | (740,632) | 427,402 | 6,648,026 | ||||
Balance | |||||||
Cash | 1,430,968 | 722,293 | 2,131,174 | ||||
Long term investments | 39,518 | 40,341 | 5,495,835 | ||||
Excess cash | 1,289,761 | 478,389 | 6,992,823 | ||||
Stockholders' equity | 7,961,178 | 8,199,328 | 9,471,974 | ||||
Invested Capital | 17,707,185 | 19,487,492 | 25,857,072 | ||||
ROIC | 3.97% | 21.51% | |||||
ROCE | 4.71% | 20.76% | |||||
EV | |||||||
Common stock shares outstanding | 1,980,524 | 1,971,621 | 1,989,434 | ||||
Price | 14.48 106.86% | 7.00 -50.00% | 14.00 -30.76% | ||||
Market cap | 28,677,983 107.79% | 13,801,344 -50.45% | 27,852,070 1,085.02% | ||||
EV | 41,789,061 | 30,522,339 | 49,062,814 | ||||
EBITDA | (182,325) | 1,035,140 | 6,893,910 | ||||
EV/EBITDA | 29.49 | 7.12 | |||||
Interest | 359,974 | 319,984 | 491,886 | ||||
Interest/NOPBT | 34.00% | 7.21% |