Revenue segments as reported by the company.

Gain on sale of loans

Servicing fee income

Change in fair value of MSRs

Interest income, net

Other income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Salaries, commissions and team member benefits

General and administrative expenses

Marketing and advertising expenses

Depreciation and amortization

Interest and amortization expense on non-funding debt

Other expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Rocket Companies, Inc.

Rocket Cos., Inc. engages in the provision of a suite of services related to homeownership and other personal financial transactions. It operates through the following segments: Direct to Consumer and Partner Network. The Direct to Consumer segment consists of performance marketing and direct engagement through the Rocket Mortgage App. The Partner Network Segment focuses on partnerships with premier consumer-focused organizations, brokers and mortgage professionals who leverage the platform and scale to provide mortgage solutions to clients. The company was founded by Daniel Gilbert in 1985 and is headquartered in Detroit, MI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Rocket Companies reports solid Q4 performance amidst market challenges

Rocket Companies navigated challenges in 2022 with resilience, focusing on client engagement and strategic investments to drive growth and enhance market position.
Despite margin impacts in Q4, the company remains optimistic about the mortgage industry outlook, leveraging opportunities in the purchase market and consumer engagement for future success.
With a strong emphasis on client experience and retention, Rocket Companies aims to capitalize on market shifts and strategic initiatives to drive revenue growth and market share expansion.

Rocket Companies reports strong Q1 results and eyes mortgage market

Rocket Companies delivered strong Q1 results and is focused on enhancing the home buying experience through innovative initiatives and client engagement.
Despite challenges in home inventory levels and industry capacity, Rocket's financial strength and unique client approach position them well for growth.
The company's strategic outlook for Q2 revenue, emphasis on client relationships, and opportunities in the mortgage space highlight its resilience and growth potential.

Rocket Companies reports robust Q2 earnings amidst market challenges

Rocket Companies delivered strong financial performance in Q2, focusing on growth, cost-saving measures, and client satisfaction. Despite market challenges, they are optimistic about opportunities in the purchase-driven origination market and potential benefits from new regulations.

Rocket Companies, Inc. reports robust Q3 earnings amidst Q4 challenges

Rocket Companies, Inc. demonstrated strong financial performance in Q3 but anticipates challenges in Q4. Despite margin pressures and industry conditions, Rocket's strategic focus on growth, efficiency, and market positioning bode well for future opportunities and resilience in the market.

Rocket Companies posts strong Q4 results, eyes AI growth opportunities

Rocket Companies delivered robust financial performance in Q4 2023, showcasing revenue growth, expense management, and a focus on core business and home ownership.
The company's strengths lie in its strong balance sheet, innovative products, and strategic positioning in servicing and customer acquisition.
Challenges include industry dynamics, regulatory pressures, and the need for sustained growth amidst market uncertainties.
Opportunities for Rocket include AI-driven enhancements, margin improvements, and strategic investments in marketing and customer retention.

Rocket Companies reports robust Q1 results and AI-driven growth

Rocket Companies, Inc. delivered strong Q1 financial performance with a focus on market share growth, operational efficiencies, and AI-driven innovations.
Challenges include maintaining margins amid rising rates and competition in the servicing asset market, but opportunities lie in volume growth and AI differentiation.
Overall, Rocket's strategic initiatives position it well for continued growth and market share expansion in the mortgage industry.

Rocket Companies exceeds Q2 revenue targets, focuses on AI growth

Rocket Companies delivered strong financial results, exceeding revenue guidance and showcasing growth in market share and efficiency.
Their strategic focus on AI investments and operational efficiency bodes well for future profitability and market expansion.
While facing industry challenges, Rocket Companies remains optimistic and committed to driving growth through innovation and strategic initiatives.

Rocket Companies exceeds Q3 revenue, eyes growth amid market challenges

Rocket Companies delivered strong financial results in Q3 2024, exceeding revenue guidance and showcasing growth in market share. The company's focus on efficiency through AI-driven technology and strategic partnerships enhances its competitive position. Despite market challenges, Rocket remains optimistic about future growth and market opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

DETROIT, Nov. 9, 2020 /PRNewswire/ -- Rocket Mortgage by Quicken Loans, the nation's largest mortgage lender and a subsidiary of Rocket Companies (NYSE: RKT), was today named #1 in the nation for client satisfaction in primary mortgage origination by J.D. Power. This is the record 11th...

Rocket Mortgage Ranked #1 in the U.S. for Client Satisfaction in Mortgage Origination by J.D. Power for the 11th Straight Year

Demand for U.S. Mortgages has surged due to ultra-low interest rates and a shift in geographical preference by consumers. Rocket Companies (RKT), as of late, has been correlated to the overall market. The uncertainties that currently lie within the macroeconomy do not reflect the true value of Rocket Companies.

An Undervalued Rocket Companies Fuels Up To Soar

Miller Value Partners recently released its Q3 2020 Investor Letter, a copy of which you can download here. The Opportunity Equity Fund posted a return of 13.01% for the quarter (net of fees), outperforming its benchmark, the S&P 500 Index which returned 8.93% in the same quarter. You should check out Miller Value Partners' top 5 stock picks for investors to buy right now, which could be the biggest winners of this year.

Why Rocket Companies (RKT) Stock is a Compelling Investment Case

Rocket Companies (NYSE: RKT) subsidiary Lendesk announced Tuesday that it has acquired Finmo. Finmo is the fastest-growing mortgage origination platform in Canada.

Rocket Companies Acquires Fast-Growing Canadian Mortgage Platform Finmo

Is the Street underestimating the mortgage lender's opportunity?

Where Will Rocket Be in 1 Year?

Gores Holdings IV

The mortgage space is heating up and ripe for public offerings. Three residential mortgage lenders pricing in October: Guild Holdings, AmeriHome, and Caliber Home Loans.

A Wave Of Mortgage Lenders Tests The IPO Waters

DETROIT, Oct. 19, 2020 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based holding company consisting of tech-driven real estate, mortgage and financial services businesses – including Rocket Mortgage, Rocket Homes and Rocket Auto –...

Rocket Companies Announces Third Quarter 2020 Earnings Date

Is Wall Street underestimating the opportunity of this financial services company?

Could Rocket Companies Be a Millionaire Maker Stock?

Rocket Mortgage continues to grow its product through partnerships with mortgage brokers and users outside its existing customer base. What Happened: Rocket Companies (NYSE: RKT) and Mint, an Intuit Inc (NASDAQ: INTU) company, announced a partnership Wednesday to bring the Rocket Mortgage platform to Mint users.

Rocket Mortgage, Mint Partner On Refinancing Tech: What Investors Should Know

Intuit

SAN DIEGO and DETROIT, Oct. 14, 2020 /PRNewswire/ -- Today, financial empowerment app Mint by Intuit Inc. (Nasdaq: INTU), and Rocket Companies (NYSE: RKT), announced a first-of-its kind partnership in which Rocket Mortgage – the first fully digital mortgage experience – is now integrated...

Mint and Rocket Mortgage Reveal New Technology to Foster the Next Generation of Financial Empowerment

Detroit-based Rocket Companies continues to expand its mortgage business after going public in 2020. What Happened: Rocket Companies (NYSE: RKT) announced Monday the launch of “Rocket Pro Insight,” a technology platform that provides real-time updates on mortgage status for real estate agents.

Rocket Pro Insight From Rocket Companies: What You Should Know

RKT will benefit from lower for longer as it pertains to interest rates.

You Can Still Ride Rocket

DETROIT, Oct. 12, 2020 /PRNewswire/ -- Rocket Companies (NYSE: RKT) today launched "Rocket Pro Insight", a new technology platform providing real estate agents real-time updates on the status of their clients' mortgages. Through both a website and mobile app, real estate professionals...

Rocket Mortgage Introduces New Tech Platform to Empower Real Estate Agents

Rocket Companies Inc (NYSE: RKT) shares traded slightly higher on Friday after a major Wall Street firm upgraded the stock. The Analyst: JPMorgan analyst Richard Shane upgraded Rocket Companies from Neutral to Overweight and cut his price target from $31 to $28.50.

JPMorgan Upgrades Rocket Companies, Predicts Rotation To Credit-Sensitive Stocks

DETROIT, Oct. 8, 2020 /PRNewswire/ -- Nexsys Technologies, a FinTech company and subsidiary of Rocket Companies (NYSE: RKT) providing a suite of essential tech solutions for mortgage origination and closing, has begun working with Farmers Insurance® to digitize the verification of...

Nexsys Technologies and Farmers Insurance® Join to Digitize the Verification of Homeowners Insurance

Shares of the mortgage-origination specialist pulled back on imperfect guidance in its earnings report.

Why Rocket Companies Stock Lost 29% Last Month

The Container Store

The stock market started the notorious month of October on a higher note.

Stock Markets Climb as Rocket Rockets Higher; Container Store Stock Can't Be Contained

The leading mortgage lender was up double digits.

Here's Why Rocket Companies Stock Was Soaring on Thursday

Rocket Companies Inc (NYSE: RKT) shares traded higher by 7.6% on Thursday after the company inked a new deal with popular real estate listings platform Realtor.com. What Happened?

Rocket Companies Shares Surge On Realtor.com Partnership, Strong Housing Data

Lemonade

One of these companies is viewed as a fintech with a very bright future, while the other is seen as more old school and very susceptible to the interest rate cycle.

Better Buy: Lemonade vs. Rocket

They're top companies in the underappreciated mortgage banking space.

These 2 Stocks Are the Real (Estate) Deal

Rocket Companies (RKT) is in the news Friday after an upgrade from Susquehanna analyst Jack Micenko sent RKT stock higher.
The post Rocket Companies News: RKT Stock Pops 2% on Upgrade appeared first on InvestorPlace.

Rocket Companies News: RKT Stock Pops 2% on Upgrade

Rocket Companies, parent company to Rocket Mortgage and Quicken Loans, is the largest mortgage lender in the market and recently IPOed this year.

Rocket Companies: Some Hidden Risk Factors

This fintech stock isn't headed to the moon without some ups and downs.

Is Rocket Companies a Buy Even if the Stock Market Crashes?

Rocket Companies brought in $72 billion in mortgages in the second quarter of 2020, an impressive 40% higher than the first quarter and over 125% higher year-over-year.

News for Rocket Companies, Inc. Stock (RKT)