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

There has been a lot of debate over whether the parent of Quicken Loans is truly a fintech or more of a traditional home lender, and it appears to be impacting the company's stock price.

6 Reasons Rocket Cos. Sees Itself as a Fintech Company

DETROIT, Aug. 19, 2020 /PRNewswire/ -- Rocket Companies, Inc.

Rocket Companies Announces Second Quarter 2020 Earnings Date

This report aims to help investors sort through Rocket Companies’ financial filings to understand the fundamentals and valuation of this recent IPO.

Rocket Companies Is Profitable But Still Expensive

The newest lender on the exchange posts some meaty growth figures.

Quicken Loans and Rocket Mortgage Parent Quintuple Net Revenue in Q2

Rocket posted impressive results on every metric in the second quarter.

Why Rocket Is Not Rekt

Rocket Companies Inc (NYSE: RKT) shares gained as much as 10% on Friday morning after the company reported preliminary earnings numbers for the second quarter.

Rocket Companies Jumps After Pre-Announcing 437% Revenue Growth

Shares of Rocket Companies RKT, -6.30% rose 10% in premarket trade Friday, after the parent of major mortgage lender Quicken Loans offered guidance for its second quarter.

Quicken Loans parent Rocket Cos. shares soar 10% premarket after company offers Q2 guidance

Rocket Companies Inc (NYSE: RKT) shares initially spiked from the $18 IPO price to as high as $26.86 last week, but the stock has since come back down to within $1 of that IPO price.

Analyst Says Rocket Companies' $18 IPO Price Is Fair For Now

Quicken Starts Trading. Should You Buy?

Rocket Companies, Inc. (NYSE: RKT) shares were trading higher on their second day of trading and are now up about 30% from their $18 IPO price.

Experts React To Rocket Companies' Liftoff After IPO Fundraising Misses Target

Rocket Companies: Business Is A Rocket, Shares Not

Oak Street Health

As markets recover, there's been a new round of young companies looking for capital.

Soaring Stock Markets Prompt More IPOs as Oak Street Health Jumps, Rocket Sputters

"We want to use our stock as currency and potentially acquire more fintech organizations and put them in the mold," said Rocket Companies founder and chairman Dan Gilbert.

Dan Gilbert says acquisitions may be ahead for Rocket Companies as it debuts on NYSE

Detroit-based Rocket Companies Inc (NYSE: RKT), the parent company of mortgage lender Quicken Loans, made its debut as a public company Thursday.

Dan Gilbert, Jay Farner On Rocket Companies IPO: 'Great Starting Point'

The Rocket Companies (RKT) IPO is underway and RKT stock is on the rise as investors take interest in the lending company.

Rocket Companies IPO: 10 Things for RKT Stock Investors to Know

Quicken Loans' parent company, Rocket Companies, began trading publicly Thursday at a lower-than-targeted share price. While it's impossible to know how the stock will fare in the future, it's a good reminder to approach any IPO with a dose of caution.

Why IPOs like Rocket Companies can be a tricky play for investors

Shares of Rocket Companies Inc rose 10% following their New York debut on Thursday, after the parent company of U.S. mortgage lender Quicken Loans sold shares to investors in its $1.8 billion initial public offering (IPO).

Quicken Loans parent shares jump after New York debut

Rocket Companies Inc. (NYSE: RKT) quietly entered the market on Thursday in its initial public offering.

Rocket Mortgage and Quicken Loans Parent Quietly Enters the Market

Rocket Companies (NYSE: RKT) made its public debut Thursday morning, opening at $18 after being priced at $18.

Rocket Companies Opens For Trading At $18 IPO Price

Quicken Loans parent Rocket Companies Inc.'s stock RKT, +4.47% public debut fell flat, after the mortgage lending giant's downsized initial public offering priced below its expected range.

Quicken Loans parent Rocket Companies stock debuts falls flat, after downsized IPO price below expectations

Rocket Companies, the parent of U.S. mortgage lender Quicken Loans, said its initial public offering (IPO) was priced at $18 per share on Wednesday, below a target range, and that it sold fewer shares than planned.

Quicken Loans parent sells shares in IPO below target to raise $1.8 billion

DETROIT, Aug. 5, 2020 /PRNewswire/ -- Detroit-based Rocket Companies, Inc.

Rocket Companies Announces Pricing of Initial Public Offering

On Wednesday evening, Detroit-based Rocket Companies (NYSE: RKT), home to Quicken Loans, the nation's largest retail mortgage lender, priced its 100-million share IPO offering at $18 per share.

Rocket Companies Prices IPO At $18 Per Share: Here's Why It Marks A Paradigm Shift In Financial Services

Quicken Loans parent Rocket Companies (RKT) cut the size of its IPO ahead of pricing late Wednesday. The move is a blow for one of the biggest IPOs of 2020.

The Second-Biggest IPO Of The Year Just Got A Lot Smaller

Estimated trading value over the next three to five years is $48 to $221.

News for Rocket Companies, Inc. Stock (RKT)