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

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Earnings data Q4 2021

Earnings data Q1 2022

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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

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SG&A

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Operating income

EBITDA

Net income

Earnings per share

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Current assets

Cash & equivalents

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Inventory

Non-current assets

Net PPE

Intangibles

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Stockholders equity

Minority interest

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Book value per share

Cash from operations

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Change in working capital

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Purchase/sale of business

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Net change in cash

Free cash flow

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.

Rocket Loans Begins Powering Rocket Solar with New Lending Program

- New loan option could be the perfect way to manage inflation and rising debt levels - DETROIT , Aug. 1, 2022 /PRNewswire/ -- Rocket Mortgage , the nation's largest mortgage lender and a part of  Rocket Companies  (NYSE: RKT), today introduced a home equity loan to give Americans one more way to pay off debt that has risen along with inflation. Americans are grappling with high credit card bills – driven by a combination of rising prices, and record-high credit card rates resulting from the Federal Reserve's aggressive Fed funds rate increases.

Rocket Mortgage Launches New Home Equity Loan, Giving Homeowners Another Option to Combat Rising Prices and Consumer Debt

Exclusive product, coupled with company's existing RateShield program that locks mortgage interest rates for 90 days during home shopping, brings confidence to consumers DETROIT , July 27, 2022 /PRNewswire/ -- Rocket Mortgage, America's largest mortgage lender and a part of Rocket Companies (NYSE: RKT), today announced the introduction of Rate Drop Advantage – an exclusive program that brings confidence to homebuyers by covering a significant portion of closing costs of a refinance transaction if interest rates drop and they refinance within three years of purchasing a home. Through Rate Drop Advantage, when clients refinance within the allotted timeframe, Rocket Mortgage will waive the fees for appraisal, credit report pulls, processing, underwriting and several other costs for an average savings of approximately $2,000.

Rocket Mortgage Introduces Rate Drop Advantage, Giving Homebuyers Confidence When Purchasing in a Rising Rate Environment

DETROIT , July 21, 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 Auto and Rocket Money (formerly known as Truebill)– today announced the Company will issue its second quarter 2022 earnings on August 4, 2022. Management will host a conference call to discuss results at 4:30 p.m.

Rocket Companies Announces Second Quarter 2022 Earnings Date

The brand change will more closely align with sister companies Rocket Mortgage, Rocket Homes and Rocket Auto DETROIT , July 19, 2022 /PRNewswire/ -- Truebill, a leading personal finance app and part of Rocket Companies (NYSE: RKT), today announced it will officially change its name to Rocket Money in late August. More than simply a rebrand, the name will bring Truebill closer to the other businesses on the Rocket Companies platform and provide the opportunity for Rocket Money to better help consumers at various touchpoints throughout their financial lives.

Adding Rocket Fuel to Your Finances: Leading Financial Empowerment FinTech Truebill Becomes Rocket Money

D.R. Horton

Redfin

Summit Midstream Partners LP

Once you account for the rise in skilled labor and commodity costs, home prices mirror those of 1950. Expect a slow deflation of prices.

Will the Housing Market Crash in 2022?

Rocket Mortgage in Canada will deliver a tech-driven client experience to revolutionize the mortgage process for Canadians, just as its sister company has done in the U.S. WINDSOR, ON , July 12, 2022 /PRNewswire/ -- Edison Financial, a rapidly expanding digital mortgage broker, today announced it will officially change its name to Rocket Mortgage Canada on August 8, 2022, doing business under the brand Rocket Mortgage throughout the country. The move is more than a rebrand, the change reflects the company's mission to revolutionize the Canadian mortgage industry with an emphasis on harnessing technology to simplify the home loan process, just as sister company under the Rocket Companies (NYSE:RKT), Rocket Mortgage, LLC, has done successfully in the U.S. "Our mission when we launched over two years ago was to use technology to improve the mortgage experience in Canada, making life easier for homebuyers and homeowners," said Hash Aboulhosn, President of Rocket Mortgage in Canada.

America's Largest Mortgage Brand Brings Innovation to Canada as Edison Financial Changes Name to Rocket Mortgage

Schnitzer Steel Industries

Earthstone Energy

Although US stocks closed mixed on Friday following the release of June's jobs report, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain.

Insiders Buying Rocket Companies, Schnitzer Steel And This Energy Stock

Opendoor

Riot Blockchain

Sabre

TETRA Technologies

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

5 Very Well-Known ‘Strong Buy' Stocks Under $10 With Huge Upside Potential

A Wall Street analyst upgraded the stock this week.

Why Shares of Rocket Companies Are Rising This Week

Analysts are getting more bullish on the real estate services provider.

Why Rocket Companies Stock Popped Today

RKT stock is rocketing higher today as a big bank analyst expects Rocket Companies to prevail despite difficult market conditions. The post Rocket Companies (RKT) Stock Gets Boost From Wells Fargo Upgrade appeared first on InvestorPlace.

Rocket Companies (RKT) Stock Gets Boost From Wells Fargo Upgrade

A. O. Smith

Mercer International

Now that the S&P 500 (NYSEARCA: SPY) has corrected about 20% the stock market is starting to look cheap again. While we think the broad market still has a ways to go before hitting bottom there are some stocks and sectors garnering attention from the analyst.

Three Cheap Stocks That Just Got Upgraded

Chegg

Chesapeake Energy

DaVita

Kyndryl Holdings

Plains All American Pipeline

These are 6 stocks insiders are buying now. Execs buying shares now want to get in before Q2 earnings come out - a good sign for investors.

6 Stocks Insiders Are Buying Now

Two members of the Board of Directors of a beaten down mortgage related company have been buying shares of the company. Here's what investors should know.

Insiders Have Been Scooping Up Shares Of This Beaten Down 2020 IPO

Zillow

Real estate stocks fared better this week after mortgage applications rose last week.

Why Shares of Rocket Companies, Zillow, and Redfin Are Up This Week

Rocket Companies continues to struggle as interest rates soar.

Here's Why Shares of Rocket Companies Are Down 18% This Week

Rocket Companies' stock is down close to 66% since the company went public.

Rocket Companies Is Down 66% Since Going Public. Is It Time to Buy the Dip?

Higher mortgage rates will be a drag on business.

Mortgage Rates Hit Their Highest Level Since 2009: Here's What That Means for Rocket Companies

At 60% below its 52-week high, RKT stock may be reaching a bottom, but a weakening housing market leaves little upside reward. The post The Good News for Rocket Companies Doesn't Make the Bad News Less Bad appeared first on InvestorPlace.

The Good News for Rocket Companies Doesn't Make the Bad News Less Bad

Rocket Companies is the largest player in the mortgage realm, which has taken the lead in the market through its innovative tech-based approach. The current macroeconomic climate threatens to bring mortgage financiers to their knees and has not left industry giants immune.

News for Rocket Companies, Inc. Stock (RKT)