Rocket Companies Statistics
Total Valuation
RKT has a market cap or net worth of $2.21 billion. The enterprise value is $22.41 billion.
Important Dates
The next estimated earnings date is Tuesday, November 12, 2024, after market close.
| Earnings Date | Nov 12, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
RKT has 140.57 million shares outstanding. The number of shares has increased by 762.12% in one year.
| Shares Outstanding | 140.57M |
| Shares Change (YoY) | +762.12% |
| Shares Change (QoQ) | -92.99% |
| Owned by Insiders (%) | 6.16% |
| Owned by Institutions (%) | 69.90% |
| Float | 131.85M |
Valuation Ratios
The trailing PE ratio is 168.82 and the forward PE ratio is 33.07.
| PE Ratio | 168.82 |
| Forward PE | 33.07 |
| PS Ratio | 0.44 |
| Forward PS | 0.40 |
| PB Ratio | 3.34 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 1,713.15 |
| EV / Sales | 4.64 |
| EV / EBITDA | 25.68 |
| EV / EBIT | 29.36 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 6.89, with a Debt / Equity ratio of 1.53.
| Current Ratio | 6.89 |
| Quick Ratio | 0.77 |
| Debt / Equity | 1.53 |
| Debt / EBITDA | 14.00 |
| Debt / FCF | n/a |
| Interest Coverage | 1.92 |
Financial Efficiency
Return on equity (ROE) is 4.09% and return on invested capital (ROIC) is 2.28%.
| Return on Equity (ROE) | 4.09% |
| Return on Assets (ROA) | 2.14% |
| Return on Capital (ROIC) | 2.28% |
| Revenue Per Employee | $328,307 |
| Profits Per Employee | $890 |
| Employee Count | 14,700 |
| Asset Turnover | 0.22 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, RKT has paid $14.24 million in taxes.
| Income Tax | 14.24M |
| Effective Tax Rate | 3.90% |
Stock Price Statistics
The stock price has increased by +112.59% in the last 52 weeks. The beta is 2.42, so RKT's price volatility has been higher than the market average.
| Beta (5Y) | 2.42 |
| 52-Week Price Change | +112.59% |
| 50-Day Moving Average | 18.48 |
| 200-Day Moving Average | 14.98 |
| Relative Strength Index (RSI) | 31.11 |
| Average Volume (20 Days) | 2,862,099 |
Short Selling Information
The latest short interest is 18.81 million, so 13.38% of the outstanding shares have been sold short.
| Short Interest | 18.81M |
| Short Previous Month | 16.45M |
| Short % of Shares Out | 13.38% |
| Short % of Float | 14.27% |
| Short Ratio (days to cover) | 5.62 |
Income Statement
In the last 12 months, RKT had revenue of $4.83 billion and earned $13.08 million in profits.
| Revenue | 4.83B |
| Gross Profit | 4.83B |
| Operating Income | 763.28M |
| Pretax Income | 27.32M |
| Net Income | 13.08M |
| EBITDA | 872.54M |
| EBIT | 763.28M |
| Earnings Per Share (EPS) | -$0.07 |
Full Income StatementBalance Sheet
The company has $1.48 billion in cash and $13.53 billion in debt, giving a net cash position of -$12.05 billion or -$85.70 per share.
| Cash & Cash Equivalents | 1.48B |
| Total Debt | 13.53B |
| Net Cash | -12.05B |
| Net Cash Per Share | -$85.70 |
| Equity (Book Value) | 8.81B |
| Book Value Per Share | 4.71 |
| Working Capital | 11.32B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$1.41 billion and capital expenditures -$50.25 million, giving a free cash flow of -$1.46 billion.
| Operating Cash Flow | -1.41B |
| Capital Expenditures | -50.25M |
| Free Cash Flow | -1.46B |
| FCF Per Share | -$10.41 |
Full Cash Flow StatementMargins
Gross margin is 100.00%, with operating and profit margins of 15.82% and 0.27%.
| Gross Margin | 100.00% |
| Operating Margin | 15.82% |
| Pretax Margin | 7.57% |
| Profit Margin | 0.27% |
| EBITDA Margin | 18.08% |
| EBIT Margin | 15.82% |
| FCF Margin | -31.93% |
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 | -762.12% |
| Shareholder Yield | -762.12% |
| Earnings Yield | 0.59% |
| FCF Yield | -66.25% |
Dividend DetailsAnalyst Forecast
The average price target for RKT is $14.89, which is -5.22% lower than the current price. The consensus rating is "Sell".
| Price Target | $14.89 |
| Price Target Difference | -5.22% |
| Analyst Consensus | Sell |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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
RKT has an Altman Z-Score of 0.96 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.96 |
| Piotroski F-Score | 4 |