XNYS
RKT
Market cap28bUSD
Jul 11, Last price
13.68USD
1D
-0.80%
1Q
14.96%
IPO
-45.06%
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 | FY |
---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
Income | ||||||||
Revenues | 5,100,798 41.12% | 3,614,507 -36.42% | 5,684,897 -55.18% | |||||
Cost of revenue | 1,717,196 | 3,907,103 | 4,743,777 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | 3,383,602 | (292,596) | 941,120 | |||||
NOPBT Margin | 66.33% | 16.55% | ||||||
Operating Taxes | (32,224) | (12,817) | 41,978 | |||||
Tax Rate | 4.46% | |||||||
NOPAT | 3,415,826 | (279,779) | 899,142 | |||||
Net income | 29,370 -289.31% | (15,514) -102.22% | 699,933 -88.47% | |||||
Dividends | (1,972,813) | |||||||
Dividend yield | 14.29% | |||||||
Proceeds from repurchase of equity | 40,603 | 24,878 | (139,940) | |||||
BB yield | -2.56% | -0.09% | 1.01% | |||||
Debt | ||||||||
Debt current | 1,664,107 | 456,232 | ||||||
Long-term debt | 319,296 | 5,240,647 | 9,128,552 | |||||
Deferred revenue | ||||||||
Other long-term liabilities | 15,284,970 | 1,053,378 | 2,328,317 | |||||
Net debt | (994,398) | 5,434,268 | 8,822,150 | |||||
Cash flow | ||||||||
Cash from operating activities | (2,629,239) | 110,329 | 10,823,495 | |||||
CAPEX | (67,509) | (60,336) | (107,764) | |||||
Cash from investing activities | (495,473) | 861,153 | 578,742 | |||||
Cash from financing activities | 3,278,565 | (623,558) | (12,823,786) | |||||
FCF | 4,021,442 | (740,632) | 427,402 | |||||
Balance | ||||||||
Cash | 1,272,853 | 1,430,968 | 722,293 | |||||
Long term investments | 40,841 | 39,518 | 40,341 | |||||
Excess cash | 1,058,654 | 1,289,761 | 478,389 | |||||
Stockholders' equity | 8,653,666 | 7,961,178 | 8,199,328 | |||||
Invested Capital | 23,269,696 | 17,707,185 | 19,487,492 | |||||
ROIC | 16.67% | 3.97% | ||||||
ROCE | 13.91% | 4.71% | ||||||
EV | ||||||||
Common stock shares outstanding | 141,037 | 1,980,524 | 1,971,621 | |||||
Price | 11.26 -22.24% | 14.48 106.86% | 7.00 -50.00% | |||||
Market cap | 1,588,078 -94.46% | 28,677,983 107.79% | 13,801,344 -50.45% | |||||
EV | 8,934,559 | 41,789,061 | 30,522,339 | |||||
EBITDA | 3,496,519 | (182,325) | 1,035,140 | |||||
EV/EBITDA | 2.56 | 29.49 | ||||||
Interest | 469,230 | 359,974 | 319,984 | |||||
Interest/NOPBT | 13.87% | 34.00% |