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

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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

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EBITDA

Net income

Earnings per share

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Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

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Income tax payable

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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

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Cash from financing

Change in stock

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Redfin

United Wholesale Mortgage

These three real estate stocks are highly cyclical and have seen business slow down dramatically in 2022.

Mortgage Rates Are the Highest Since 2008: 3 Companies to Avoid

The mortgage industry is struggling with higher rates and a sharp drop in buyer demand. Rocket RKT, -0.00 says it's got a plan to turn things around.

‘Some companies are closing their doors, others are shutting down divisions': Rocket CEO's plans to navigate the dramatic decline in mortgages

D.R. Horton

Rising interest rates are cooling off the U.S. housing market. The average interest rate on a 30-year mortgage, the most popular U.S. home loan, has risen to 6% for the first time since the 2008 financial crisis.

3 Housing Stocks to Sell Now

America's largest lender will now pay to lower homebuyers' interest rate for the first year of their mortgage DETROIT , Sept. 16, 2022 /PRNewswire/ -- Rocket Mortgage, the nation's largest mortgage lender and a part of Rocket Companies (NYSE: RKT), today announced the launch of "Inflation Buster," an innovative new program giving homebuyers a reprieve by reducing their monthly mortgage payment one percentage point for the first year of their loan.

Rocket Mortgage's Inflation Buster Program Helps Homebuyers Tame Higher Costs Through a Lower Mortgage Payment

New mobile technology built on the Rocket Platform makes the mortgage process more accessible and convenient, with the capability to close a home loan on a smart phone from anywhere in the world DETROIT , Sept. 13, 2022 /PRNewswire/ --  Amrock, the nation's largest title insurance, property valuations and settlement services provider – and a part of Rocket Companies (NYSE: RKT) – today announced the introduction of proprietary technology to electronically close (eClose) mortgage transactions entirely from a mobile device.

Amrock Unveils Technology to Close Mortgages on Mobile Devices, Giving Consumers the Power to Complete a Home Loan from Anywhere

Enact Holdings

Discover

JPMorgan Chase analysts on Tuesday cut their ratings on three consumer finance companies after Federal Reserve Chairman Jerome Powell signaled the central bank's determination to continue hiking interest rates.

JPMorgan downgrades Discover Financial, Rocket Mortgage, Enact Holdings as it eyes interest rate hikes

Great Elm Group

Templeton Global Income Fund

VOXX International Corporation Class A

According to the Insider Cluster Buys screen, a Premium feature of GuruFocus, five stocks with a high number of insider buy transactions over the past three months include VOXX International Corp. ( VOXX , Financial), Rocket Companies Inc. ( RKT , Financial), Templeton Global Income Fund ( GIM , Financial), Great Elm Group Inc. ( GEG , Financial) and TELA Bio Inc. ( TELA , Financial).

5 Stocks Insiders Have Built Positions in Over Past 3 Months

Rocket's stock struggled this week, as investors anticipate a hawkish Federal Reserve for longer.

Here's Why Shares of Rocket Companies Are Falling This Week

FinTech company dedicated to caring for team members, clients and community DETROIT , Aug. 31, 2022 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT), a Detroit-based FinTech platform company consisting of tech-driven financial services businesses – including Rocket Mortgage, Rocket Homes, Rocket Auto and Rocket Money (formerly known as Truebill) – today placed 5th on People Magazine's 2022 "Companies That Care" list, shining a spotlight on the organization's inclusive, impact-driven culture. Rocket Companies is known for its 20 core philosophies called ISMs , its community impact and commitment to simplifying complex transactions to help Americans achieve their dreams.

For-More-Than-Profit: Rocket Companies Ranks #5 on People Magazine's Companies That Care List

Affirm

Dun & Bradstreet Holdings

Futu Holdings

Goosehead Insurance

Upstart Holdings

In the past week, three of the biggest gainers in financial stocks have been Chinese FinTechs, boosted by an agreement that gives U.S. authorities access to audit the companies. Seeking Alpha reported Saturday (Aug. 27) that Futu Holdings was up 21% this week, with 360 DigiTech following close behind.

Chinese FinTech Stocks Climb; US Lenders Tumble

SoFi Technologies

Federal Reserve Chairman Jerome Powell made his much-anticipated speech earlier today.

Why Shares of SoFi, Upstart, and Rocket Companies Fell Today

AMC Entertainment

Bed Bath & Beyond

Roku

Snap

The first half of this year didn't see much hype around meme stocks but last month saw a resurgence. Keep an eye on RKT, BBBY, SNAP and ROKU.

Meme Stocks Luring Again: Don't Make Hasty Decisions

While the mortgage origination business struggles, Rocket is increasing its wallet share with other products

Here's Why Rocket Is Taking Steps to Diversify Its Business

Q2 Hld

Banks and credit unions (CUs) want to advance their digital strategies and offer new conveniences to customers but may be wary of the cost of implementation or subscriptions.

Rocket Mortgage, Q2 Holdings Partner to Offer FIs Digital Home Loan Process

AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, and Rocket Mortgage, America's largest mortgage lender and a part of Rocket Companies (NYSE: RKT), today announced a new partnership enabling Q2 banks and credit unions to offer Rocket Mortgage's digital home loan application experience, with live mortgage assistance, inside of Q2's online banking platform. “We're excited to add a premier brand like Roc

Q2 Holdings and Rocket Mortgage Announce Partnership Providing Digital Home Loan Process to Banks and Credit Unions

Rocket Companies, Inc. (NYSE:RKT) is an American holding company consisting of personal finance and consumer technology that provide mortgage and financial services.

What Rocket Stock's Surge From All-Time Lows Means for Investors

Enphase Energy

Etsy

ON Semiconductor

United Rentals

Large-cap stocks are a must for investors looking for some stability in their portfolio.

These Were The Five Best And Worst Performing Large-Cap Stocks In July 2022

Rocket Companies has been hit hard by higher mortgage rates and a drop in refinancing demand. After a capitulation-like June drop, the stock finished well off Friday's low following an EPS miss.

Rocket Companies: Shares Look To Keep Rebounding Off The June Low

Rocket reported second-quarter earnings results.

Why Shares of Rocket Companies Are Falling Today

Banco Santander

The bank's nearly 2 million clients will receive home loan discounts from the country's largest mortgage lender DETROIT and BOSTON , Aug. 5, 2022 /PRNewswire/ -- Rocket Mortgage, America's largest mortgage lender and a part of Rocket Companies (NYSE: RKT), and Santander Bank, N.A. ("Santander Bank," "Santander" or "the Bank"), one of the country's leading retail and commercial banks, today announced Rocket Mortgage as the exclusive preferred mortgage provider for Santander Bank customers.

Santander Bank Teams Up with Rocket Mortgage to Provide Clients with Digitally Driven Home Loan Experience

Comtech Telecommunications

Occidental Petroleum

Insiders are buying stocks for more reasons than one. In all cases, there are opportunities brewing in these stocks that could pay off in double digits gains

These Are The Top Insider Buying Stocks For July

Rocket Companies, Inc. (NYSE:RKT ) Q2 2022 Earnings Conference Call August 4, 2022 4:30 PM ET Company Participants Sharon Ng – Vice President-Investor Relations Jay Farner – Chief Executive Officer Julie Booth – Chief Financial Officer Conference Call Participants Ryan Nash – Goldman Sachs Kevin Barker – Piper Sandler Doug Harter – Credit Suisse Blake Netter – Morgan Stanley Mihir Bhatia – Bank of America Mark DeVries – Barclays Arren Cyganovich – Citi Operator Good morning. My name is Joseph and I will be your conference operator today.

Rocket Companies, Inc's (RKT) CEO Jay Farner on Q2 2022 Results - Earnings Call Transcript

Rocket Companies (RKT) delivered earnings and revenue surprises of -250% and 8.79%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Rocket Companies (RKT) Reports Q2 Loss, Lags Revenue Estimates

Generated Q2 net revenue of $1.4 billion and net income of $60 million Delivered strong gain on sale margin of 292 basis points Over 2,000 Rocket team members deployed to accelerate build-out of Rocket platform  Unified Rocket brand, rebranding Truebill to Rocket Money, and Edison Financial to Rocket Mortgage Signed new agreements with Santander and Q2 digital banking platform DETROIT , Aug. 4, 2022 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based FinTech platform company consisting of tech-driven real estate, mortgage and financial services businesses – including Rocket Mortgage, Rocket Homes, Rocket Money (formerly known as Truebill) and Rocket Auto – today announced results for the quarter ended June 30, 2022. "As the mortgage market continues to transition, we are actively investing in our business and transforming the Rocket services and engagement platforms to better serve our clients," said Jay Farner, Vice Chairman and CEO of Rocket Companies.

Rocket Companies Announces Second Quarter Results

Latest offering by Rocket Loans highlights the power of the company's technology that can be used for a wide range of financial products DETROIT , Aug. 2, 2022 /PRNewswire/ -- Rocket Loans, a leading tech-driven lending platform and part of Rocket Companies (NYSE: RKT), today announced it has partnered with Rocket Solar to provide financing to the company's clients who want to help the environment and save money by generating their own electricity with the power of the sun. Launched earlier this year, Rocket Solar provides consulting, system design, financing, installation and ongoing service to homeowners across the United States.

News for Rocket Companies, Inc. Stock (RKT)