(RKT) Rocket Companies - Overview
Sector: Financial Services | Industry: Mortgage Finance | Exchange: NYSE (USA) | Market Cap: 35.269m USD | Total Return: -3.1% in 12m
Avg Turnover: 313M
Qual. Beats: 0
Rev. Trend: 92.5%
Qual. Beats: 0
Warnings
Share dilution 38.6% YoY
Below Avwap Earnings
Tailwinds
No distinct edge detected
Rocket Companies, Inc. is a Detroit-based fintech firm operating primarily in the mortgage lending, real estate brokerage, and personal finance sectors across the United States and Canada. The company utilizes a dual-segment business model consisting of Direct to Consumer and Partner Network channels to distribute its financial products.
The company’s ecosystem includes Rocket Mortgage, Rocket Money, and Rocket Loans, providing a vertically integrated platform for loan origination, title services, and personal financial management. In the mortgage finance industry, companies like Rocket typically generate revenue through gain-on-sale margins when selling loans to the secondary market and through ongoing loan servicing fees.
Rocket Pro extends the company’s reach by providing infrastructure to third-party mortgage brokers and community banks, allowing them to leverage Rocket’s technology while maintaining local client relationships. Investors can find additional data and valuation metrics on ValueRay to further their analysis. As a digital-first lender, the company’s performance is heavily influenced by national interest rate environments and the resulting demand for home refinancing and purchase volume.
- Interest rate fluctuations dictate mortgage origination volume and refinancing demand
- Mortgage servicing rights valuation shifts impact quarterly balance sheet volatility
- Artificial intelligence integration reduces operational costs and streamlines loan processing times
- Market share expansion depends on partner network growth and broker relationship stability
- Consumer credit health influences demand for Rocket Money and Rocket Loans products
| Net Income: 239.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA 2.63 > 1.0 |
| NWC/Revenue: 47.49% < 20% (prev -164.0%; Δ 211.5% < -1%) |
| CFO/TA -0.02 > 3% & CFO -1.27b > Net Income 239.4m |
| Net Debt (29.3b) to EBITDA (1.73b): 16.93 < 3 |
| Current Ratio: 15.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.85b) vs 12m ago 38.55% < -2% |
| Gross Margin: 90.17% > 18% (prev 90.49%; Δ -0.32% > 0.5%) |
| Asset Turnover: 20.02% > 50% (prev 20.07%; Δ -0.05% > 0%) |
| Interest Coverage Ratio: 1.25 > 6 (EBIT TTM 1.32b / Interest Expense TTM 1.06b) |
| A: 0.07 (Total Current Assets 4.31b - Total Current Liabilities 285.0m) / Total Assets 59.4b |
| B: 0.01 (Retained Earnings 421.0m / Total Assets 59.4b) |
| C: 0.03 (EBIT TTM 1.32b / Avg Total Assets 42.3b) |
| D: 0.64 (Book Value of Equity 23.2b / Total Liabilities 36.2b) |
| Altman-Z'' = 1.35 = BB |
| DSRI: 3.0 (Receivables 1.62b/14.8m, Revenue 8.48b/5.07b) |
| GMI: 1.00 (GM 90.49% / 90.17%) |
| AQI: 1.00 (AQ_t 0.92 / AQ_t-1 0.92) |
| SGI: 1.67 (Revenue 8.48b / 5.07b) |
| TATA: 0.03 (NI 239.4m - CFO -1.27b) / TA 59.4b) |
| Beneish M = -0.89 (Cap -4..+1) = D |
As of June 09, 2026, the stock is trading at USD 12.35 with a total of 21,315,883 shares traded.
Over the past week, the price has changed by -12.91%,
over one month by -21.29%,
over three months by -20.78% and
over the past year by -3.14%.
Rocket Companies has received a consensus analysts rating of 3.17. Therefore, it is recommended to hold RKT.
- StrongBuy: 1
- Buy: 0
- Hold: 11
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 20.1 | 62.3% |
P/E Forward = 16.9492
P/S = 3.9579
P/B = 1.6114
P/EG = 0.4517
Revenue TTM = 8.48b USD
EBIT TTM = 1.32b USD
EBITDA TTM = 1.73b USD
Long Term Debt = 26.3b USD (from longTermDebt, last quarter)
Short Term Debt = 19.3b USD (from shortTermDebt, last fiscal year)
Debt = 32.0b USD (from shortLongTermDebtTotal, last quarter) + Leases 294.7m
Net Debt = 29.3b USD (calculated: Debt 32.0b - CCE 2.69b)
Enterprise Value = 64.6b USD (35.3b + Debt 32.0b - CCE 2.69b)
Interest Coverage Ratio = 1.25 (Ebit TTM 1.32b / Interest Expense TTM 1.06b)
EV/FCF = -46.34x (Enterprise Value 64.6b / FCF TTM -1.39b)
FCF Yield = -2.16% (FCF TTM -1.39b / Enterprise Value 64.6b)
FCF Margin = -16.43% (FCF TTM -1.39b / Revenue TTM 8.48b)
Net Margin = 2.82% (Net Income TTM 239.4m / Revenue TTM 8.48b)
Gross Margin = 90.17% ((Revenue TTM 8.48b - Cost of Revenue TTM 832.9m) / Revenue TTM)
Gross Margin QoQ = 89.34% (prev 87.42%)
Tobins Q-Ratio = 1.09 (Enterprise Value 64.6b / Total Assets 59.4b)
Interest Expense / Debt = 3.32% (Interest Expense 1.06b / Debt 32.0b)
Taxrate = 32.67% (133.7m / 409.1m)
NOPAT = 889.4m (EBIT 1.32b * (1 - 32.67%))
Current Ratio = 15.12 (Total Current Assets 4.31b / Total Current Liabilities 285.0m)
Debt / Equity = 1.38 (Debt 32.0b / totalStockholderEquity, last quarter 23.2b)
Debt / EBITDA = 16.93 (Net Debt 29.3b / EBITDA 1.73b)
Debt / FCF = -21.02 (negative FCF - burning cash) (Net Debt 29.3b / FCF TTM -1.39b)
Total Stockholder Equity = 15.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.57% (Net Income 239.4m / Total Assets 59.4b)
RoE = 1.53% (Net Income TTM 239.4m / Total Stockholder Equity 15.6b)
RoCE = 3.15% (EBIT 1.32b / Capital Employed (Equity 15.6b + L.T.Debt 26.3b))
RoIC = 1.14% (NOPAT 889.4m / Invested Capital 78.0b)
WACC = 6.06% (E(35.3b)/V(67.2b) * Re(9.52%) + D(32.0b)/V(67.2b) * Rd(3.32%) * (1-Tc(0.33)))
Discount Rate = 9.52% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 96.61 | Cagr: 17.32%
[DCF] Fair Price = unknown (Cash Flow -1.39b)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.21 | # QB: 0
Revenue Correlation: 92.49 | Revenue CAGR: 28.06% | SUE: -0.18 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.17 | Chg30d=-7.97% | Revisions=-69% | Analysts=12
EPS next Quarter (2026-09-30): EPS=0.21 | Chg30d=-1.12% | Revisions=-27% | Analysts=12
EPS current Year (2026-12-31): EPS=0.74 | Chg30d=+0.57% | Revisions=-23% | GrowthEPS=+164.7% | GrowthRev=+69.6%
EPS next Year (2027-12-31): EPS=1.09 | Chg30d=-0.30% | Revisions=-29% | GrowthEPS=+46.5% | GrowthRev=+10.8%
[Analyst] Revisions Ratio: -69%