Rocket Companies, Inc. (RKT)

Rocket Companies Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,462	1,402	1,459	1,326	1,074
Other Revenue	3,954	2,604	4,546	11,850	14,821
Revenue	5,416	4,006	6,005	13,176	15,896
Revenue Growth (YoY)	35.21%	-33.29%	-54.42%	-17.11%	205.45%
Gross Profit	5,416	4,006	6,005	13,176	15,896
Selling, General & Admin	3,978	3,797	4,650	5,790	5,241
Other Operating Expenses	187.75	141.68	199.21	634.3	616.48
Operating Expenses	4,279	4,049	4,943	6,499	5,932
Operating Income	1,137	-42.92	1,062	6,677	9,963
Interest Expense	-469.23	-359.97	-319.98	-491.89	-431.82
Pretax Income	668.05	-402.9	741.91	6,185	9,532
Income Tax Expense	32.22	-12.82	41.98	112.74	132.38
Earnings From Continuing Operations	635.83	-390.08	699.93	6,072	9,399
Minority Interest in Earnings	-606.46	374.57	-653.51	-5,764	-9,201
Net Income	29.37	-15.51	46.42	308.21	197.95
Preferred Dividends & Other Adjustments	-	-	-0.02	-0.15	-
Net Income to Common	29.37	-15.51	46.44	308.36	197.95
Net Income Growth	-	-	-84.94%	55.70%	-
Shares Outstanding (Basic)	141	129	121	131	112
Shares Outstanding (Diluted)	141	1,981	1,972	1,989	116
Shares Change (YoY)	-92.88%	0.45%	-0.90%	1611.51%	-
EPS (Basic)	0.21	-0.12	0.39	2.36	1.77
EPS (Diluted)	0.21	-0.15	0.28	2.32	1.76
EPS Growth	-	-	-87.99%	31.66%	-
Free Cash Flow	-2,697	49.99	10,730	7,626	-1,784
Free Cash Flow Per Share	-19.12	0.03	5.44	3.83	-15.35
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	21.00%	-1.07%	17.68%	50.68%	62.68%
Profit Margin	0.54%	-0.39%	0.77%	2.34%	1.24%
Free Cash Flow Margin	-49.79%	1.25%	178.69%	57.88%	-11.22%
EBITDA	1,250	67.35	1,156	6,752	10,038
EBITDA Margin	23.08%	1.68%	19.25%	51.24%	63.15%
D&A For EBITDA	112.92	110.27	94.02	74.71	74.32
EBIT	1,137	-42.92	1,062	6,677	9,963
EBIT Margin	21.00%	-1.07%	17.68%	50.68%	62.68%
Effective Tax Rate	4.82%	-	5.66%	1.82%	1.39%
Revenue as Reported	5,101	3,799	5,838	12,914	15,650

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q