Rocket Companies Statistics

Total Valuation

RKT has a market cap or net worth of $28.11 billion. The enterprise value is $37.95 billion.

Market Cap	28.11B
Enterprise Value	37.95B

Important Dates

The last earnings date was Thursday, May 2, 2024, after market close.

Earnings Date	May 2, 2024
Ex-Dividend Date	n/a

Share Statistics

RKT has 1.99 billion shares outstanding. The number of shares has increased by 0.88% in one year.

Shares Outstanding	1.99B
Shares Change (YoY)	+0.88%
Shares Change (QoQ)	+0.38%
Owned by Insiders (%)	5.28%
Owned by Institutions (%)	73.33%
Float	n/a

Valuation Ratios

The trailing PE ratio is 128.36 and the forward PE ratio is 39.32. RKT's PEG ratio is 1.40.

PE Ratio	128.36
Forward PE	39.32
PS Ratio	6.22
Forward PS	5.28
PB Ratio	43.15
P/FCF Ratio	n/a
PEG Ratio	1.40

Financial Ratio History

Enterprise Valuation

EV / Earnings	1,974.25
EV / Sales	8.40
EV / EBITDA	136.23
EV / EBIT	220.68
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	16.49
Debt / EBITDA	38.55
Debt / FCF	n/a
Interest Coverage	1.12

Financial Efficiency

Return on equity (ROE) is 3.10% and return on invested capital (ROIC) is 4.23%.

Return on Equity (ROE)	3.10%
Return on Assets (ROA)	0.10%
Return on Capital (ROIC)	4.23%
Revenue Per Employee	$307,273
Profits Per Employee	$1,308
Employee Count	14,700
Asset Turnover	0.22
Inventory Turnover	n/a

Taxes

Income Tax	-657,000
Effective Tax Rate	-3.54%

Stock Price Statistics

The stock price has increased by +73.04% in the last 52 weeks. The beta is 2.40, so RKT's price volatility has been higher than the market average.

Beta (1Y)	2.40
52-Week Price Change	+73.04%
50-Day Moving Average	13.05
200-Day Moving Average	11.14
Relative Strength Index (RSI)	59.09
Average Volume (30 Days)	2,631,669

Short Selling Information

The latest short interest is 18.50 million, so 0.93% of the outstanding shares have been sold short.

Short Interest	18.50M
Short Previous Month	20.14M
Short % of Shares Out	0.93%
Short % of Float	n/a
Short Ratio (days to cover)	8.02

Income Statement

In the last 12 months, RKT had revenue of $4.52 billion and earned $19.22 million in profits. Earnings per share was $0.11.

Revenue	4.52B
Gross Profit	2.32B
Operating Income	464.88M
Pretax Income	18.57M
Net Income	19.22M
EBITDA	278.59M
EBIT	171.99M
Earnings Per Share (EPS)	$0.11

Full Income Statement

Balance Sheet

The company has $893.39 million in cash and $10.74 billion in debt, giving a net cash position of -$9.85 billion or -$4.95 per share.

Cash & Cash Equivalents	893.39M
Total Debt	10.74B
Net Cash	-9.85B
Net Cash Per Share	-$4.95
Equity / Book Value	651.40M
Book Value Per Share	0.33
Working Capital	n/a

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$1.58 billion and capital expenditures -$50.54 million, giving a free cash flow of -$1.63 billion.

Operating Cash Flow	-1.58B
Capital Expenditures	-50.54M
Free Cash Flow	-1.63B
FCF Per Share	-$11.88

Full Cash Flow Statement

Margins

Gross margin is 51.41%, with operating and profit margins of 10.29% and 0.43%.

Gross Margin	51.41%
Operating Margin	10.29%
Pretax Margin	0.41%
Profit Margin	0.43%
EBITDA Margin	6.17%
EBIT Margin	3.81%
FCF Margin	-36.03%

Dividends & Yields

RKT does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.88%
Shareholder Yield	-0.88%
Earnings Yield	0.07%
FCF Yield	-5.79%

Dividend Details

Analyst Forecast

The average price target for RKT is $10.88, which is -22.95% lower than the current price. The consensus rating is "Sell".

Price Target	$10.88
Price Target Difference	-22.95%
Analyst Consensus	Sell
Analyst Count	15
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	4