Financial - Mortgages
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2 / 10Stock Comparison
RKT vs ICE
Revenue, margins, valuation, and 5-year total return — side by side.
Financial - Data & Stock Exchanges
RKT vs ICE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Financial - Mortgages | Financial - Data & Stock Exchanges |
| Market Cap | $1.99B | $87.96B |
| Revenue (TTM) | $5.40B | $12.64B |
| Net Income (TTM) | $-102M | $3.30B |
| Gross Margin | 91.3% | 61.9% |
| Operating Margin | 12.4% | 38.7% |
| Forward P/E | 19.2x | 19.4x |
| Total Debt | $13.98B | $20.28B |
| Cash & Equiv. | $1.27B | $837M |
RKT vs ICE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Aug 20 | May 26 | Return |
|---|---|---|---|
| Rocket Companies, I… (RKT) | 100 | 50.3 | -49.7% |
| Intercontinental Ex… (ICE) | 100 | 146.2 | +46.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: RKT vs ICE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
RKT is the clearest fit if your priority is growth exposure.
- Rev growth 34.8%, EPS growth 90.8%
- 34.8% NII/revenue growth vs ICE's 7.5%
- Lower P/E (19.2x vs 19.4x)
ICE carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 14 yrs, beta 0.33, yield 1.2%
- 231.9% 10Y total return vs RKT's -20.9%
- Lower volatility, beta 0.33, Low D/E 69.9%, current ratio 1.02x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 34.8% NII/revenue growth vs ICE's 7.5% | |
| Value | Lower P/E (19.2x vs 19.4x) | |
| Quality / Margins | Efficiency ratio 0.2% vs RKT's 0.8% (lower = leaner) | |
| Stability / Safety | Beta 0.33 vs RKT's 1.77, lower leverage | |
| Dividends | 1.2% yield; 14-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +18.2% vs ICE's -9.6% | |
| Efficiency (ROA) | Efficiency ratio 0.2% vs RKT's 0.8% |
RKT vs ICE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
RKT vs ICE — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ICE leads this category, winning 4 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
ICE is the larger business by revenue, generating $12.6B annually — 2.3x RKT's $5.4B. ICE is the more profitable business, keeping 26.1% of every revenue dollar as net income compared to RKT's 0.5%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $5.4B | $12.6B |
| EBITDAEarnings before interest/tax | $682M | $6.5B |
| Net IncomeAfter-tax profit | -$102M | $3.3B |
| Free Cash FlowCash after capex | -$1.1B | $4.3B |
| Gross MarginGross profit ÷ Revenue | +91.3% | +61.9% |
| Operating MarginEBIT ÷ Revenue | +12.4% | +38.7% |
| Net MarginNet income ÷ Revenue | +0.5% | +26.1% |
| FCF MarginFCF ÷ Revenue | -63.6% | +33.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | -4.3% | +23.1% |
Valuation Metrics
RKT leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
At 26.9x trailing earnings, ICE trades at a 60% valuation discount to RKT's 67.1x P/E. On an enterprise value basis, ICE's 16.6x EV/EBITDA is more attractive than RKT's 18.8x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $2.0B | $88.0B |
| Enterprise ValueMkt cap + debt − cash | $14.7B | $107.4B |
| Trailing P/EPrice ÷ TTM EPS | 67.10x | 26.91x |
| Forward P/EPrice ÷ next-FY EPS est. | 19.25x | 19.37x |
| PEG RatioP/E ÷ EPS growth rate | — | 3.03x |
| EV / EBITDAEnterprise value multiple | 18.81x | 16.64x |
| Price / SalesMarket cap ÷ Revenue | 0.37x | 6.96x |
| Price / BookPrice ÷ Book value/share | 0.22x | 3.06x |
| Price / FCFMarket cap ÷ FCF | — | 20.51x |
Profitability & Efficiency
ICE leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
ICE delivers a 11.6% return on equity — every $100 of shareholder capital generates $12 in annual profit, vs $-1 for RKT. ICE carries lower financial leverage with a 0.70x debt-to-equity ratio, signaling a more conservative balance sheet compared to RKT's 1.55x. On the Piotroski fundamental quality scale (0–9), ICE scores 9/9 vs RKT's 5/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -1.2% | +11.6% |
| ROA (TTM)Return on assets | -0.3% | +2.3% |
| ROICReturn on invested capital | +2.5% | +7.5% |
| ROCEReturn on capital employed | +4.5% | +9.5% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 9 |
| Debt / EquityFinancial leverage | 1.55x | 0.70x |
| Net DebtTotal debt minus cash | $12.7B | $19.4B |
| Cash & Equiv.Liquid assets | $1.3B | $837M |
| Total DebtShort + long-term debt | $14.0B | $20.3B |
| Interest CoverageEBIT ÷ Interest expense | 0.87x | 6.53x |
Total Returns (Dividends Reinvested)
Evenly matched — RKT and ICE each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ICE five years ago would be worth $14,270 today (with dividends reinvested), compared to $6,974 for RKT. Over the past 12 months, RKT leads with a +18.2% total return vs ICE's -9.6%. The 3-year compound annual growth rate (CAGR) favors RKT at 20.8% vs ICE's 14.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -29.1% | -2.6% |
| 1-Year ReturnPast 12 months | +18.2% | -9.6% |
| 3-Year ReturnCumulative with dividends | +76.2% | +48.4% |
| 5-Year ReturnCumulative with dividends | -30.3% | +42.7% |
| 10-Year ReturnCumulative with dividends | -20.9% | +231.9% |
| CAGR (3Y)Annualised 3-year return | +20.8% | +14.1% |
Risk & Volatility
ICE leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
ICE is the less volatile stock with a 0.33 beta — it tends to amplify market swings less than RKT's 1.77 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ICE currently trades 82.0% from its 52-week high vs RKT's 57.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.77x | 0.33x |
| 52-Week HighHighest price in past year | $24.36 | $189.35 |
| 52-Week LowLowest price in past year | $11.08 | $143.17 |
| % of 52W HighCurrent price vs 52-week peak | +57.8% | +82.0% |
| RSI (14)Momentum oscillator 0–100 | 38.8 | 44.2 |
| Avg Volume (50D)Average daily shares traded | 25.2M | 3.1M |
Analyst Outlook
ICE leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates RKT as "Hold" and ICE as "Buy". Consensus price targets imply 53.5% upside for RKT (target: $22) vs 26.0% for ICE (target: $196). ICE is the only dividend payer here at 1.25% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $21.63 | $195.71 |
| # AnalystsCovering analysts | 25 | 36 |
| Dividend YieldAnnual dividend ÷ price | — | +1.2% |
| Dividend StreakConsecutive years of raises | 1 | 14 |
| Dividend / ShareAnnual DPS | — | $1.93 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.6% |
ICE leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). RKT leads in 1 (Valuation Metrics). 1 tied.
RKT vs ICE: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is RKT or ICE a better buy right now?
For growth investors, Rocket Companies, Inc.
(RKT) is the stronger pick with 34. 8% revenue growth year-over-year, versus 7. 5% for Intercontinental Exchange, Inc. (ICE). Intercontinental Exchange, Inc. (ICE) offers the better valuation at 26. 9x trailing P/E (19. 4x forward), making it the more compelling value choice. Analysts rate Intercontinental Exchange, Inc. (ICE) a "Buy" — based on 36 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — RKT or ICE?
On trailing P/E, Intercontinental Exchange, Inc.
(ICE) is the cheapest at 26. 9x versus Rocket Companies, Inc. at 67. 1x. On forward P/E, Rocket Companies, Inc. is actually cheaper at 19. 2x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — RKT or ICE?
Over the past 5 years, Intercontinental Exchange, Inc.
(ICE) delivered a total return of +42. 7%, compared to -30. 3% for Rocket Companies, Inc. (RKT). Over 10 years, the gap is even starker: ICE returned +231. 9% versus RKT's -20. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — RKT or ICE?
By beta (market sensitivity over 5 years), Intercontinental Exchange, Inc.
(ICE) is the lower-risk stock at 0. 33β versus Rocket Companies, Inc. 's 1. 77β — meaning RKT is approximately 441% more volatile than ICE relative to the S&P 500. On balance sheet safety, Intercontinental Exchange, Inc. (ICE) carries a lower debt/equity ratio of 70% versus 155% for Rocket Companies, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — RKT or ICE?
By revenue growth (latest reported year), Rocket Companies, Inc.
(RKT) is pulling ahead at 34. 8% versus 7. 5% for Intercontinental Exchange, Inc. (ICE). Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — RKT or ICE?
Intercontinental Exchange, Inc.
(ICE) is the more profitable company, earning 26. 1% net margin versus 0. 5% for Rocket Companies, Inc. — meaning it keeps 26. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ICE leads at 38. 7% versus 12. 4% for RKT. At the gross margin level — before operating expenses — RKT leads at 91. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is RKT or ICE more undervalued right now?
On forward earnings alone, Rocket Companies, Inc.
(RKT) trades at 19. 2x forward P/E versus 19. 4x for Intercontinental Exchange, Inc. — 0. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for RKT: 53. 5% to $21. 63.
08Which pays a better dividend — RKT or ICE?
In this comparison, ICE (1.
2% yield) pays a dividend. RKT does not pay a meaningful dividend and should not be held primarily for income.
09Is RKT or ICE better for a retirement portfolio?
For long-horizon retirement investors, Intercontinental Exchange, Inc.
(ICE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 33), 1. 2% yield, +231. 9% 10Y return). Rocket Companies, Inc. (RKT) carries a higher beta of 1. 77 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ICE: +231. 9%, RKT: -20. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between RKT and ICE?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: RKT is a small-cap high-growth stock; ICE is a mid-cap quality compounder stock. ICE pays a dividend while RKT does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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