RKT - Rocket Companies, Inc.
Price:
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--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$21.63
DETAILS
HIGH:
$25.00
LOW:
$17.00
MEDIAN:
$22.25
CONSENSUS:
$21.63
UPSIDE:
56.85%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Revenue | 6,880 | 5,401.4 | 4,005.9 | 6,004.9 | 13,175.6 | 15,895.6 | 5,204.0 | 4,308.9 | 4,252.9 |
| Cost of Revenue | 580 | 469.2 | 360.0 | 320.0 | 491.9 | 431.8 | 271.8 | 229.3 | 180.9 |
| Gross Profit | 6,300 | 4,932.2 | 3,645.9 | 5,684.9 | 12,683.7 | 15,463.8 | 4,932.2 | 4,079.5 | 4,071.9 |
| Operating Expenses | |||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 2,527 | 3,978.4 | 3,796.8 | 4,649.8 | 5,789.8 | 5,241.3 | 3,672.8 | 3,174.0 | 3,015.3 |
| Other Expenses | 3,173 | 285.7 | 251.9 | 293.2 | 709.0 | 690.8 | 355.0 | 287.4 | 284.7 |
| Operating Expenses | 5,700 | 4,264.1 | 4,048.8 | 4,943.0 | 6,498.8 | 5,932.1 | 4,027.8 | 3,461.4 | 3,300.0 |
| Operating Income | |||||||||
| Operating Income | 600 | 668.1 | (402.9) | 741.9 | 6,184.9 | 9,531.7 | 904.4 | 618.1 | 771.9 |
| Interest Expense | 814 | 469.2 | 360.0 | 320.0 | 491.9 | 431.8 | 271.8 | 229.3 | 180.9 |
| Interest Income | 501 | 413.2 | 327.4 | 350.6 | 430.1 | 329.6 | 250.8 | 200.9 | 159.6 |
| Profitability | |||||||||
| EBITDA | 890 | 781.0 | (292.6) | 835.9 | 6,259.6 | 9,606.0 | 979.4 | 695.0 | 840.8 |
| EBIT | 600 | 668.1 | (402.9) | 741.9 | 6,184.9 | 9,531.7 | 904.4 | 618.1 | 771.9 |
| Income Before Tax | (214) | 668.1 | (402.9) | 741.9 | 6,184.9 | 9,531.7 | 904.4 | 618.1 | 771.9 |
| Income Tax Expense | 20 | 32.2 | (12.8) | 42.0 | 112.7 | 132.4 | 7.3 | 3.2 | 1.2 |
| Net Income | (68) | 29.4 | (15.5) | 46.4 | 308.2 | 198.0 | 0 | 0 | 770.7 |
| Per Share Data | |||||||||
| EPS (Basic) | -0.03 | 0.21 | -0.12 | 0.39 | 2.36 | 1.77 | – | – | 7.68 |
| EPS (Diluted) | -0.03 | 0.01 | -0.01 | 0.02 | 0.15 | 1.83 | – | – | 7.43 |
| Shares Outstanding | 2,466.1 | 141.0 | 128.6 | 120.6 | 130.6 | 111.9 | 100.4 | 100.4 | 100.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 2,696 | 1,272.9 | 1,108.5 | 722.3 | 2,131.2 | 1,971.1 | 1,394.6 | 1,053.9 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 1,918.0 | 5,696.6 | 752.4 | 534.1 |
| Net Receivables | 2,040 | 633.0 | 579.2 | 439.6 | 518.0 | 406.0 | 288.3 | 229.0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | (66.6) | 0 | (0.1) | 0 | (3.7) | 0 |
| Total Current Assets | 4,736 | 2,057.8 | 1,779.3 | 1,354.7 | 4,736.0 | 8,253.1 | 2,550.6 | 1,911.2 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 260 | 495.6 | 598.6 | 640.4 | 682.3 | 449.7 | 455.4 | 202.6 |
| Goodwill | 10,611 | 1,227.5 | 1,236.8 | 1,258.9 | 1,296.9 | 47.2 | 40.3 | 47.0 |
| Intangible Assets | 2,224 | 7,633.4 | 6,439.8 | 6,946.9 | 5,385.6 | 2,862.7 | 2,875.0 | 3,180.5 |
| Long-Term Investments | 0 | 9,515.2 | 6,904.3 | 7,496.9 | 19,921.6 | 24,782.9 | 13,992.8 | 6,031.4 |
| Other Non-Current Assets | 0 | 3,058.8 | 1,722.9 | 1,846.4 | 180.4 | 619.0 | 208.8 | 180.8 |
| Total Non-Current Assets | 13,095 | 22,452.2 | 17,452.4 | 18,727.5 | 28,038.9 | 29,281.5 | 17,572.2 | 9,642.2 |
| Total Assets | 60,685 | 24,510.1 | 19,231.7 | 20,082.2 | 32,774.9 | 37,534.6 | 20,077.3 | 11,553.4 |
| Current Liabilities | ||||||||
| Account Payables | 285 | 181.7 | 171.3 | 116.3 | 271.5 | 252.0 | 157.4 | 92.7 |
| Short-Term Debt | 0 | 8,893.3 | 4,634.0 | 5,075.0 | 11,479.8 | 20,330.6 | 10,444.1 | 4,238.6 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 285 | 9,075.1 | 4,805.3 | 5,191.3 | 11,751.3 | 20,582.5 | 10,601.5 | 4,331.3 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 0 | 4,763.1 | 4,534.5 | 4,850.4 | 9,217.8 | 7,048.6 | 5,197.5 | 3,873.7 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 37,502 | 1,309.2 | 1,196.4 | 1,142.2 | 1,564.1 | 1,749.0 | 494.0 | 567.6 |
| Total Non-Current Liabilities | 37,502 | 6,391.6 | 6,124.7 | 6,415.3 | 11,264.1 | 9,069.9 | 6,005.8 | 4,441.3 |
| Total Liabilities | 37,787 | 15,466.7 | 10,930.0 | 11,606.7 | 23,015.4 | 29,652.4 | 16,574.4 | 8,772.5 |
| Stockholders' Equity | ||||||||
| Common Stock | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 3,510.7 | 2,775.6 |
| Retained Earnings | 124 | 312.8 | 284.3 | 300.4 | 378.0 | 207.4 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | (0.0) | 0.1 | 0.1 | 0.1 | 0.3 | (0.2) | (0.9) |
| Total Stockholders' Equity | 22,898 | 702.5 | 624.9 | 576.7 | 665.7 | 490.5 | 3,497.9 | 2,774.7 |
| Total Liabilities & Equity | 60,685 | 24,510.1 | 19,231.7 | 20,082.2 | 32,774.9 | 37,534.6 | 20,077.3 | 11,553.4 |
| Debt Metrics | ||||||||
| Total Debt | 0 | 13,975.8 | 9,562.3 | 10,348.2 | 21,179.7 | 27,651.5 | 15,955.9 | 8,112.3 |
| Net Debt | (2,696) | 12,702.9 | 8,453.8 | 9,625.9 | 19,048.6 | 25,680.4 | 14,561.4 | 7,058.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | (234) | 635.8 | (15.5) | 699.9 | 6,072.2 | 9,399.3 | 897.1 | 614.9 | 770.7 |
| Depreciation & Amortization | 290 | 112.9 | 110.3 | 94.0 | 74.7 | 74.3 | 75.0 | 76.9 | 68.8 |
| Stock-Based Compensation | 343 | 145.5 | 180.1 | 216.0 | 163.7 | 136.2 | 39.7 | 33.6 | 32.9 |
| Change in Working Capital | 502 | 133.2 | (173.2) | (452.6) | 136.7 | (138.8) | 35.5 | (113.2) | 145.7 |
| Other Non-Cash Items | (4,840) | (3,686.0) | 26.4 | 10,230.0 | 1,248.4 | (11,214.9) | (8,026.0) | 2,787.6 | 1,479.1 |
| Operating Cash Flow | (3,927) | (2,629.2) | 110.3 | 10,823.5 | 7,743.9 | (1,677.4) | (6,978.7) | 1,431.2 | (242.7) |
| Investing Activities | |||||||||
| Capital Expenditure | (91) | (805.1) | (60.3) | (107.8) | (302.8) | (106.3) | (48.8) | (64.5) | (67.8) |
| Acquisitions | (2,323) | 0 | 0 | 14.6 | (1,234.4) | (565.5) | 0 | (28.1) | (22.6) |
| Purchases of Investments | (550) | 0 | (5.5) | (14.6) | (39.9) | (2.5) | 0 | (28.1) | 0 |
| Sales/Maturities of Investments | 430 | 0 | 6.5 | 2.1 | 0 | 565.5 | 136.8 | 27.6 | 2.3 |
| Other Investing Activities | 2 | (428.0) | 920.5 | 684.5 | 727.7 | 626.0 | (16.1) | (1.3) | (0.9) |
| Investing Cash Flow | (2,532) | (495.5) | 861.2 | 578.7 | (664.9) | 517.2 | 71.9 | (94.5) | (89.0) |
| Financing Activities | |||||||||
| Net Debt Issuance | 8,394 | 3,228.8 | (650.8) | (10,501.1) | (2,746.5) | 6,749.5 | 7,111.1 | (965.9) | 1,466.4 |
| Stock Repurchased | 0 | 0 | 0 | (177.7) | (231.6) | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | (2,000) | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (105) | 9.2 | 2.4 | (182.8) | (3,985.4) | (6,742.6) | 114.2 | (706.9) | (474.3) |
| Financing Cash Flow | 8,103 | 3,278.6 | (623.6) | (12,823.8) | (6,921.5) | 1,757.7 | 7,225.4 | (1,672.7) | 992.1 |
| Cash Position | |||||||||
| Net Change in Cash | 1,645 | 152.5 | 347.7 | (1,422.5) | 157.5 | 598.4 | 319.4 | (337.1) | 660.5 |
| Cash at Beginning | 1,289 | 1,136.8 | 789.1 | 2,211.6 | 2,054.1 | 1,455.7 | 1,136.3 | 1,473.4 | 782.5 |
| Cash at End | 2,934 | 1,289.3 | 1,136.8 | 789.1 | 2,211.6 | 2,054.1 | 1,455.7 | 1,136.3 | 1,442.9 |
| Free Cash Flow | (4,018) | (3,434.4) | 50.0 | 10,715.7 | 7,441.1 | (1,783.7) | (7,027.6) | 1,366.7 | (310.5) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 6,880 | 5,401.4 | 4,005.9 | 6,004.9 | 13,175.6 | 15,895.6 | 5,204.0 | 4,308.9 | 4,252.9 |
| Gross Profit | 6,300 | 4,932.2 | 3,645.9 | 5,684.9 | 12,683.7 | 15,463.8 | 4,932.2 | 4,079.5 | 4,071.9 |
| Operating Income | 600 | 668.1 | (402.9) | 741.9 | 6,184.9 | 9,531.7 | 904.4 | 618.1 | 771.9 |
| Net Income | (68) | 29.4 | (15.5) | 46.4 | 308.2 | 198.0 | 0 | 0 | 770.7 |
| EPS (Diluted) | -0.03 | 0.01 | -0.01 | 0.02 | 0.15 | 1.83 | – | – | 7.43 |
| Balance Sheet | |||||||||
| Cash & Equivalents | 2,696 | 1,272.9 | 1,108.5 | 722.3 | 2,131.2 | 1,971.1 | 1,394.6 | 1,053.9 | |
| Total Assets | 60,685 | 24,510.1 | 19,231.7 | 20,082.2 | 32,774.9 | 37,534.6 | 20,077.3 | 11,553.4 | |
| Total Debt | 0 | 13,975.8 | 9,562.3 | 10,348.2 | 21,179.7 | 27,651.5 | 15,955.9 | 8,112.3 | |
| Stockholders' Equity | 22,898 | 702.5 | 624.9 | 576.7 | 665.7 | 490.5 | 3,497.9 | 2,774.7 | |
| Cash Flow | |||||||||
| Operating Cash Flow | (3,927) | (2,629.2) | 110.3 | 10,823.5 | 7,743.9 | (1,677.4) | (6,978.7) | 1,431.2 | (242.7) |
| Capital Expenditure | (91) | (805.1) | (60.3) | (107.8) | (302.8) | (106.3) | (48.8) | (64.5) | (67.8) |
| Free Cash Flow | (4,018) | (3,434.4) | 50.0 | 10,715.7 | 7,441.1 | (1,783.7) | (7,027.6) | 1,366.7 | (310.5) |