Rocket Companies Statistics

Total Valuation

RKT has a market cap or net worth of $23.19 billion. The enterprise value is $30.08 billion.

Market Cap	23.19B
Enterprise Value	30.08B

Important Dates

The next confirmed earnings date is 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 0.45% in one year.

Shares Outstanding	1.99B
Shares Change (YoY)	+0.45%
Shares Change (QoQ)	+0.02%
Owned by Insiders (%)	5.85%
Owned by Institutions (%)	71.87%
Float	n/a

Valuation Ratios

PE Ratio	n/a
Forward PE	36.30
PS Ratio	6.10
Forward PS	4.59
PB Ratio	37.11
P/FCF Ratio	463.91
PEG Ratio	1.40

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 127.84, with an EV/FCF ratio of 601.77.

EV / Earnings	n/a
EV / Sales	7.92
EV / EBITDA	127.84
EV / EBIT	240.57
EV / FCF	601.77

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	12.85
Debt / EBITDA	34.12
Debt / FCF	160.60
Interest Coverage	0.82

Financial Efficiency

Return on equity (ROE) is -2.60% and return on invested capital (ROIC) is -2.88%.

Return on Equity (ROE)	-2.60%
Return on Assets (ROA)	-0.10%
Return on Capital (ROIC)	-2.88%
Revenue Per Employee	$258,454
Profits Per Employee	-$1,055
Employee Count	14,700
Asset Turnover	0.19
Inventory Turnover	n/a

Taxes

Income Tax	-12.82M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +29.06% in the last 52 weeks. The beta is 2.39, so RKT's price volatility has been higher than the market average.

Beta (1Y)	2.39
52-Week Price Change	+29.06%
50-Day Moving Average	12.47
200-Day Moving Average	10.84
Relative Strength Index (RSI)	40.08
Average Volume (30 Days)	2,453,535

Short Selling Information

The latest short interest is 20.14 million, so 1.01% of the outstanding shares have been sold short.

Short Interest	20.14M
Short Previous Month	18.72M
Short % of Shares Out	1.01%
Short % of Float	n/a
Short Ratio (days to cover)	8.12

Income Statement

In the last 12 months, RKT had revenue of $3.80 billion and -$15.51 million in losses. Loss per share was -$0.15.

Revenue	3.80B
Gross Profit	1.54B
Operating Income	-249.51M
Pretax Income	-28.33M
Net Income	-15.51M
EBITDA	235.33M
EBIT	125.06M
Loss Per Share	-$0.15

Full Income Statement

Balance Sheet

The company has $1.14 billion in cash and $8.03 billion in debt, giving a net cash position of -$6.89 billion or -$3.47 per share.

Cash & Cash Equivalents	1.14B
Total Debt	8.03B
Net Cash	-6.89B
Net Cash Per Share	-$3.47
Equity / Book Value	624.90M
Book Value Per Share	0.31
Working Capital	n/a

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $110.33 million and capital expenditures -$60.34 million, giving a free cash flow of $49.99 million.

Operating Cash Flow	110.33M
Capital Expenditures	-60.34M
Free Cash Flow	49.99M
FCF Per Share	$0.39

Full Cash Flow Statement

Margins

Gross margin is 40.59%, with operating and profit margins of -6.57% and -0.41%.

Gross Margin	40.59%
Operating Margin	-6.57%
Pretax Margin	-0.75%
Profit Margin	-0.41%
EBITDA Margin	6.19%
EBIT Margin	3.29%
FCF Margin	1.32%

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	-0.45%
Shareholder Yield	-0.45%
Earnings Yield	-0.07%
FCF Yield	0.22%

Dividend Details

Analyst Forecast

The average price target for RKT is $10.20, which is -12.67% lower than the current price. The consensus rating is "Sell".

Price Target	$10.20
Price Target Difference	-12.67%
Analyst Consensus	Sell
Analyst Count	15
Revenue Growth Forecast (5Y)	24.39%
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	2