Rocket Companies, Inc. RKT

Financials SIC 6162 - Mortgage Bankers & Loan Correspondents NAICS Finance and Insurance › Credit Intermediation and Related Activities derived NYSE

We are a Detroit‑based fintech company including mortgage, real estate and personal finance businesses with a mission to Help Everyone Home. We are committed to delivering industry-best client experiences through our AI-powered, vertically integrated homeownership ecosystem. Our full suite of products empowers our clients across home search, mortgage finance and servicing, title and closing, financial wellness and personal loans. We believe our widely recognized "Rocket" brand is synonymous with simple, fast and trusted digital experiences.

Our flagship business, Rocket Mortgage, is the nation's largest mortgage originator by loan units and the nation's largest mortgage servicer with portfolio unpaid principal balance of $2.1 trillion as of December 31, 2025. Servicing loans provides us with the opportunity to build long-term relationships and continually deliver a seamless experience to our clients. We extend the same client-centric and technology-driven experience across both origination and servicing. As of December 31, 2025, the net client retention rate of our servicing portfolio was 97% on an annual basis. We believe there is a strong correlation between this metric and client lifetime value, and we believe these levels are far superior to others in the mortgage industry.

Last close 11.73 2026-10-23
Market cap $33.27B estimated share count
52-week range 10.18 - 24.36

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-0.05

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross profit —$2.31B$1.31B$2.60B$8.26B$11.06B$2.10B$1.67B—
SG&A $1.44B$893.0M$803.0M$906.2M$1.18B$1.05B$685.0M$592.5M—
Total operating expenses $6.91B$4.43B$4.20B$5.10B$6.73B$6.12B$4.16B$3.59B—
Interest expense $125.0M$98.0M$121.0M$184.2M$168.9M$84.1M$115.8M$101.6M—
Pre-tax income -$214.0M$668.0M-$403.0M$741.9M$6.18B$9.53B$904.4M$618.1M—
Income tax $20.0M$32.0M$13.0M$42.0M$112.7M$132.4M$7.3M$3.2M—
Net income -$234.0M$640.0M-$390.0M$700.0M$6.10B$198.0M$0$0—
EPS, basic -0.050.21-0.120.392.361.77———
EPS, diluted -0.050.21-0.150.282.321.76———
Shares, diluted (wtd. avg.) 1.32B141.0M1.98B1.97B1.99B116.2M———

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash and equivalents $2.70B$1.27B$1.11B$789.0M$2.21B$2.05B$1.46B$1.14B$1.47B
Property, plant and equipment $260.0M$214.0M$250.9M$274.2M$254.4M$211.2M$176.4M——
Goodwill $10.61B$1.14B$1.10B$1.10B$1.15B$17.9M———
Other intangibles $2.22B$91.0M$100.5M$122.6M$148.0M————
Total assets $60.69B$24.51B$19.23B$20.08B$32.77B$37.53B$20.12B——
Total liabilities $37.79B$15.47B$10.93B$11.61B$23.02B$29.65B$16.61B——
Retained earnings $124.0M$313.0M$284.3M$300.4M$378.0M$207.4M$0——
Total equity $22.90B$9.04B$8.30B$8.47B$9.76B$7.88B$3.52B$2.79B$2.84B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating cash flow -$3.93B-$2.63B$111.0M$10.82B$7.74B-$1.68B-$6.98B$1.43B—
Depreciation and amortisation $104.0M$89.0M$88.0M——————
Stock-based compensation $343.0M$145.0M$180.0M$216.0M$163.7M$136.2M$39.7M$33.6M—
Capital expenditure $91.0M$68.0M$60.0M$93.1M$118.3M$106.3M$48.8M$64.5M—
Investing cash flow -$2.53B-$496.0M$861.0M$578.7M-$664.9M$517.2M$71.9M-$94.5M—
Financing cash flow $8.10B$3.28B-$624.0M-$12.82B-$6.92B$1.76B$7.23B-$1.67B—
Buybacks —$0$0$177.7M$231.6M$0$0$0—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001805284-26-000056.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -5B 0 5B 10B 15B Gross profit, FY2018: 1.7B Net income, FY2018: 0 Gross profit, FY2019: 2.1B Net income, FY2019: 0 Gross profit, FY2020: 11.1B Net income, FY2020: 198M Gross profit, FY2021: 8.3B Net income, FY2021: 6.1B Gross profit, FY2022: 2.6B Net income, FY2022: 700M Gross profit, FY2023: 1.3B Net income, FY2023: -390M Gross profit, FY2024: 2.3B Net income, FY2024: 640M Net income, FY2025: -234M FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — — — — — — — — —
Gross profit — $1.67B $2.10B $11.06B $8.26B $2.60B $1.31B $2.31B —
Net income — $0 $0 $198.0M $6.10B $700.0M -$390.0M $640.0M -$234.0M

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Material agreement signed Item 1.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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