Rocket Companies, Inc.

RKT Financial Mortgage Finance

Rocket Companies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.7 billion, up 31.2% from fiscal 2024. In the quarter to June 2026, revenue grew 91.9%, EPS grew 900.0%, free cash flow grew 69.2% and total debt rose 56.2%, each against the same quarter a year earlier.

10.78 0.29 −2.62%
Market cap
$31.4B
P/E
71.9×
Fwd P/E
23.0×
Dividend yield
0.00%
F-score
1/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total sells 7.69
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 7 10 3 — — — — — — — 1 2
Insider Ownership 35.13%

Capital & Financial Ratios $m

Market Cap 31,350.00
Revenue 9,868.00
Net Income 470.00
Free Cash Flow 157.00
Net Debt 24,308.00
Current Ratio 4.85
Debt/Equity 1.16
P/E ratio 71.87 (above 35: high)
Fwd P/E 23.00
P/S ratio 3.10
P/B ratio 1.30
Past 5Y EPS Growth —
This Y EPS Growth 110.72% (at or above 15%: strong)
Next Y EPS Growth 34.73% (at or above 15%: strong)
Next Y revenue growth 62.27% (at or above 10%: strong)
Next 5Y EPS Growth 51.52% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 64.49%
10-year low 10-year high
P/S against its own 10 years 83.94%
10-year low 10-year high
P/B against its own 10 years 86.37%
10-year low 10-year high

Dividends

Payout Ratio 0.00
Annual Dividend Rate 0.00
Annual Dividend Yield 0.00%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 0.80
0.80
2024 Powerpack
2023 Powerpack
2022 0.00
1.01
2021 0.00
1.11
2020 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,137 1,273 2,696 3,103
Receivables — 559 2,040 1,542
Inventory — — — —
Other — — — —
7,699 10,852 20,207 20,193
2023 2024 2025 Q'26
Payables 171 182 285 4,167
ST’ Debt — — — —
Other — — — —
787 182 285 4,167

Compound Annual Growth %

10y 5y 3y
Sales — (15.62%) 4.67%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 23.77% 39.28%

Revenue $m

Mar Jun Sep Dec Year
’26 2,941 2,784 — — —
’25 1,101 1,451 1,605 2,538 6,695
’24 1,384 1,301 647 1,770 5,101
’23 666 1,236 1,203 694 3,799
’22 2,671 1,392 1,295 481 5,838
’21 4,539 2,668 3,115 2,593 12,914
’20 1,366 5,036 4,616 4,632 15,650
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 1,857 (1,212) — — —
’25 (796) (1,852) (49) (1,230) (3,927)
’24 (3,013) (122) (1,337) 1,842 (2,630)
’23 (1,331) (281) 328 1,395 111
’22 8,772 (2,187) 3,020 1,219 10,824
’21 6,274 (3,716) 779 4,407 7,744
’20 382 (2,293) (1,751) 1,984 (1,677)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 2,202 (611) — — —
’25 (722) (1,982) 26 (1,460) (4,138)
’24 (2,987) (384) (1,572) 1,805 (3,138)
’23 (1,271) 296 423 1,515 962
’22 8,984 (2,004) 2,992 1,415 11,388
’21 6,247 (3,664) 1,286 4,505 8,375
’20 530 (2,304) (1,641) 2,193 (1,222)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.10 0.08 — — —
’25 (0.08) (0.01) (0.06) 0.02 (0.05)
’24 0.11 0.01 (0.19) 0.23 0.21
’23 (0.16) 0.05 0.04 (0.09) (0.15)
’22 0.40 0.02 0.04 (0.14) 0.28
’21 1.07 0.40 0.54 0.32 2.32
’20 0.85 34.49 0.54 6.51 1.76
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — 17.50 13.84 5.97 6.99 10.78 10.06

Analyst estimates 2026–2028

Powerpack
High — — — — 34.42 43.00 15.26 15.19 21.38 22.56
People
People Employees — — — 20,000 24,000 26,000 18,500 14,700 14,200 23,500
Revenue/emp, $m — 0.00 0.00 0.25 0.65 0.50 0.32 0.26 0.36 0.28
Income, $m
Income, $m Revenue — 3,692 4,210 5,069 15,650 12,914 5,838 3,799 5,101 6,695
Gross margin, % — 0.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
EBT — 724 618 904 9,532 6,185 742 (403) 668 (214)
EBT margin, % — 19.61 14.68 17.84 60.90 47.89 12.71 (10.61) 13.10 (3.20)
Net income — 0 615 897 9,399 6,072 700 (390) 636 (234)
Depreciation — 60 77 75 74 75 94 110 113 290
Per share, $
Per share, $ Revenue — 32.10 36.60 44.08 139.82 98.90 48.42 29.53 36.17 5.06
Earnings — 6.27 5.26 — 1.77 2.36 0.39 (0.12) 0.21 (0.05)
Cash flow — (17.19) 12.45 (60.68) (14.99) 59.30 89.76 0.86 (18.65) (2.97)
Capex — 0.00 (0.56) 0.77 4.07 4.83 4.68 6.62 (3.60) (0.16)
Free cash flow — (17.19) 11.88 (59.92) (10.92) 64.13 94.44 7.48 (22.25) (3.13)
Book value — 0.00 0.00 30.57 70.42 74.74 70.29 64.53 64.12 17.32
Shares, m — 115 115 115 112 131 121 129 141 1,322
Valuation, ×
Valuation, × P/E — 0.51 0.51 0.51 0.55 5.76 18.18 0.00 56.30 0.00
P/S — 0.00 0.00 0.00 0.14 0.14 0.15 0.48 0.31 3.82
P/B — 0.00 0.00 0.00 0.29 0.19 0.10 0.22 0.18 1.12
EV/Sales — 1.84 1.84 1.84 1.38 1.42 1.42 2.19 2.19 7.66
EV/FCF — (2.70) (2.70) (2.70) (17.70) 2.19 0.73 8.63 (3.55) (12.39)
Cash, $m
Cash, $m Operating cash flow — (1,977) 1,431 (6,979) (1,677) 7,744 10,824 111 (2,630) (3,927)
Capex — (65) (64) 88 455 631 564 851 (508) (211)
Free cash flow — (1,977) 1,367 (6,891) (1,222) 8,375 11,388 962 (3,138) (4,138)
Balance, $m
Balance, $m Working capital — — — 14,602 24,065 20,551 7,380 6,912 10,670 19,922
Total debt — — 7,560 14,637 21,421 18,746 8,250 7,604 10,840 24,578
Net debt — — 6,512 13,181 19,367 16,534 7,460 6,467 9,567 21,882
Shareholders’ equity — — — 3,516 7,882 9,760 8,476 8,302 9,043 22,898
Returns, %
Returns, % ROA — 0.00 0.00 0.00 0.69 0.88 0.18 (0.08) 0.13 (0.16)
ROIC — — 5.93 3.39 21.86 14.70 2.91 (1.71) 2.24 (0.30)
ROE — 0.00 19.48 0.00 3.47 3.50 0.51 (0.19) 0.33 (0.43)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Rocket Companies, Inc. vs peers in Mortgage Finance (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
RKT Rocket Companies, Inc. $31.4B 71.9× 23.0× +91.87% (above 0%: growing) n/m +69.17% (above 0%: growing) 100.00% 23.53%
PFSI PennyMac Financial Services, Inc. $3.2B 8.0× 7.8× +11.75% (above 0%: growing) −84.09% (below 0%: shrinking) +1,600.30% (above 0%: growing) 72.56% 12.19% Compare
UWMC UWM Holdings Corporation $1.9B — (loss-making) 5.8× −81.06% (below 0%: shrinking) n/m +64.57% (above 0%: growing) 24.81% (192.94%) Compare
WD Walker & Dunlop, Inc. $1.1B 29.1× 14.3× −3.93% (below 0%: shrinking) −91.00% (below 0%: shrinking) +584.98% (above 0%: growing) 46.88% 5.65% Compare
VEL Velocity Financial, Inc. $584.7M 5.3× 12.1× +34.05% (above 0%: growing) −7.25% (below 0%: shrinking) −3.27% (below 0%: shrinking) 0.00% 0.00% Compare
ONIT Onity Group Inc. $222.8M 1.5× 6.2× +14.72% (above 0%: growing) n/m −9.61% (below 0%: shrinking) 100.00% 25.95% Compare
BETR Better Home & Finance Holding Company $204.6M — (loss-making) — (loss-making) +25.81% (above 0%: growing) n/m +136.12% (above 0%: growing) 89.80% 0.00% Compare
LDI loanDepot, Inc. $191.7M — (loss-making) — (loss-making) +19.39% (above 0%: growing) n/m +589.11% (above 0%: growing) 87.77% 10.45% Compare
GHI Greystone Housing Impact Investors LP $115.2M — (loss-making) 3.2× −7.10% (below 0%: shrinking) n/m −92.85% (below 0%: shrinking) 93.66% 60.90% Compare
Median of peers $403.8M 6.7× 7.0× +13.24% −84.09% +100.35% 80.17% 8.05%

All 14 Mortgage Finance stocks →

Rocket Companies, Inc. (RKT) key facts

  • Strength: Rocket Companies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.7 billion, up 31.2% from fiscal 2024.
  • Rocket Companies, Inc. (RKT) is a Mortgage Finance company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, RKT traded at $10.78, a market capitalization of $31.4 billion.
  • Return on equity was −0.43% and debt-to-equity 1.16.
  • Its Piotroski F-score is 1 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Rocket Companies, Inc. (RKT) Latest News

11 Sep

27 Aug

stockrow.com/RKT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com