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RKT Rocket Companies Inc

Price (delayed)

$11.65

Market cap

$23.26B

P/E Ratio

55.48

Dividend/share

$0.8

EPS

$0.21

Enterprise value

$33.16B

Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and e-Commerce businesses in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. ...

Highlights
Rocket Companies's gross profit has surged by 84% YoY and by 54% QoQ
The gross margin has grown by 37% year-on-year and by 22% since the previous quarter
The debt has increased by 39% year-on-year but it has declined by 14% since the previous quarter

Key stats

What are the main financial stats of RKT
Market
Shares outstanding
2B
Market cap
$23.26B
Enterprise value
$33.16B
Valuations
Price to earnings (P/E)
55.48
Price to book (P/B)
33.08
Price to sales (P/S)
0.32
EV/EBIT
154.05
EV/EBITDA
101.04
EV/Sales
6.5
Earnings
Revenue
$5.1B
Gross profit
$2.84B
Operating income
$821.69M
Net income
$29.37M
EBIT
$215.23M
EBITDA
$328.15M
Free cash flow
-$2.7B
Per share
EPS
$0.21
EPS diluted
$0.21
Free cash flow per share
-$19.12
Book value per share
$0.35
Revenue per share
$36.17
TBVPS
$165.08
Balance sheet
Total assets
$24.51B
Total liabilities
$15.47B
Debt
$11.19B
Equity
$702.5M
Working capital
N/A
Liquidity
Debt to equity
15.93
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
30.17
Margins
EBITDA margin
6.4%
Gross margin
55.7%
Net margin
0.6%
Operating margin
16.1%
Efficiency
Return on assets
0.1%
Return on equity
4.4%
Return on invested capital
0.7%
Return on capital employed
N/A
Return on sales
4.2%
Dividend
Dividend yield
6.87%
DPS
$0.8
Payout ratio
381%

RKT stock price

How has the Rocket Companies stock price performed over time
Intraday
0.26%
1 week
-8.84%
1 month
-11.68%
1 year
-16.07%
YTD
3.46%
QTD
-3.48%

Financial performance

How have Rocket Companies's revenue and profit performed over time
Revenue
$5.1B
Gross profit
$2.84B
Operating income
$821.69M
Net income
$29.37M
Gross margin
55.7%
Net margin
0.6%
Rocket Companies's gross profit has surged by 84% YoY and by 54% QoQ
The gross margin has grown by 37% year-on-year and by 22% since the previous quarter
The company's revenue rose by 34% YoY and by 27% QoQ

Price vs fundamentals

How does RKT's price correlate with its fundamentals

Growth

What is Rocket Companies's growth rate over time

Valuation

What is Rocket Companies stock price valuation
P/E
55.48
P/B
33.08
P/S
0.32
EV/EBIT
154.05
EV/EBITDA
101.04
EV/Sales
6.5
The price to book (P/B) is 30% less than the 5-year quarterly average of 47.5 and 25% less than the last 4 quarters average of 44.1
The equity has grown by 12% YoY and by 8% from the previous quarter
The stock's price to sales (P/S) is 36% less than its last 4 quarters average of 0.5 but 7% more than its 5-year quarterly average of 0.3
The company's revenue rose by 34% YoY and by 27% QoQ

Efficiency

How efficient is Rocket Companies business performance
The return on assets has surged by 200% since the previous quarter and by 200% year-on-year
The ROIC has soared by 75% from the previous quarter and by 40% YoY
The ROS has increased by 27% QoQ and by 27% YoY

Dividends

What is RKT's dividend history
DPS
$0.8
Dividend yield
6.87%
Payout ratio
381%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Rocket Companies financials performed over time
Rocket Companies's total assets is 58% higher than its total liabilities
The total liabilities is up by 42% year-on-year but it has declined by 8% since the previous quarter
Rocket Companies's total assets has increased by 27% YoY but it has decreased by 2.4% QoQ
The debt has increased by 39% year-on-year but it has declined by 14% since the previous quarter
The debt to equity has increased by 24% year-on-year but it has declined by 20% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.