profit from every $100 of sales.

Rocket Companies
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Rocket Companies sold, what it kept, and what it did with the cash.
Sales went from $5.68 billion in 2022 to $6.26 billion in 2025, with -$68.0 million of profit last year.
Rocket Companies vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Rocket Companies | No profit yet | ||
LIC Housing Finance | 5.7× · Cheap | ||
PennyMac Financial Services | 6.3× · Cheap | ||
PNB Housing Finance | 12.7× · Cheap | ||
UWM | 89.8× · Very expensive |
AI analysis
An AI analyst reads Rocket Companies's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 5,685 | 3,646 | 4,932 | 6,257 | |
| 2,599 | 1,307 | 2,313 | – | |
| – | – | – | – | |
| – | – | – | – | |
| 46 | -16 | 29 | -68 | |
| 0.28 | -0.15 | 0.21 | -0.05 | |
| 45.7% | 35.8% | 46.9% | – | |
| – | – | – | – | |
| 0.8% | -0.4% | 0.6% | -1.1% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 20,082 | 19,232 | 24,510 | 60,685 |
| Cash | 722 | 1,108 | 1,273 | 2,696 |
| Total debt | 5,946 | 5,248 | 4,892 | 15,561 |
| Total liabilities | 11,607 | 10,930 | 15,467 | 37,787 |
| 577 | 625 | 702 | 22,898 | |
| 1,972 | 1,981 | 141 | 1,322 | |
| – | – | – | – | |
| 8.0% | -2.6% | 4.1% | -0.3% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 10,823 | 111 | -2,630 | -3,927 | |
| 108 | 161 | 806 | 641 | |
| 10,716 | -50 | -3,436 | -4,568 | |
| Dividends paid | – | – | – | – |
| 178 | 0 | 0 | – | |
| 216 | 180 | 145 | 343 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- –
- 18.7×
- –
- 1.9×
- 6.2×
- -0.2%
- 0.0%
Profitability
- -1.1%
- 1.5%
- 0.3%
- 1.5%
- 0.4%
Growth
- +3.2%
- –
- –
- −12.5%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $21.63
- Range
- $17.00 – $25.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | 0.15 | 0.12 | +30.4% |
| Feb 26, 2026 | 0.11 | 0.09 | +22.8% |
| Oct 30, 2025 | 0.07 | 0.04 | +55.8% |
| Jul 31, 2025 | 0.04 | 0.03 | +46.5% |
| May 8, 2025 | 0.04 | 0.04 | +4.2% |
| Feb 27, 2025 | 0.04 | 0.03 | +45.2% |
| Nov 12, 2024 | 0.08 | 0.08 | −0.1% |
| Aug 1, 2024 | 0.06 | 0.05 | +21.9% |
News
SpaceX successfully catches Starship rocket in huge milestone for the space industryMarketWatch · Nov 14, 2026Rocket Lab and The Trade Desk Are 2 Beaten-Down Stocks to Buy Before 2027Yahoo Finance · Nov 10, 2026Rocket Lab shares dip after the company’s ‘defining’ quarter misses the markMarketWatch · Nov 9, 2026Rocket Lab Stock Has Lost About 70% From Its Record. Is It Finally a Buy?Yahoo Finance · Nov 6, 2026Why Rocket Lab Stock Plunged 15% in October and Why Its Decline Might Be Short-LivedYahoo Finance · Nov 5, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Rocket Companies
Is Rocket Companies a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Rocket Companies AI analysis
What does Rocket Companies do?
Rocket Companies, Inc., a fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada. It operates in two segments, Direct to Consumer and Partner Network. It is in Mortgage Finance, based in Detroit, MI, United States, with 23,500 employees.
Does Rocket Companies pay a dividend?
No. Rocket Companies does not pay a dividend at the moment.
Is Rocket Companies stock halal?
No. Rocket Companies does not pass our halal screen: its main business, an impermissible business, is not permitted. How we check
How has Rocket Companies stock done over the past year?
Down 20.1% over the past twelve months, to $13.71. It traded between $10.53 and $23.44 and is 41.5% below its high.
Who are Rocket Companies's competitors?
The largest listed companies in the same industry are LIC Housing Finance, PennyMac Financial Services, PNB Housing Finance and UWM. The peers table on this page compares their profit, growth and price with Rocket Companies's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



