Rocket Companies, Inc. (RKT) Financial Ratios
7 years of historical data (2018–2024) · Financial Services · Financial - Mortgages
EV/EBITDA
↑
18.81
↑+33% vs avg
5yr avg: 14.18
30Y Low2.9·High28.0
P/FCF
↑
N/A
—
5yr avg: 192.89
30Y Low1.3·High3.7
P/B Ratio
↓
0.22
↓-87% vs avg
5yr avg: 1.68
30Y Low0.2·High3.5
ROE
↓
0.3%
↑-78% vs avg
5yr avg: 1.5%
30Y Low-0%·High3%
Debt/EBITDA
↑
17.90
↑+96% vs avg
5yr avg: 9.13
30Y Low2.9·High17.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
RKT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Rocket Companies, Inc. trades at 67.1x earnings, 27% below its 5-year average of 91.9x, sitting at the 100th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.3x, the stock trades at a premium of 404%.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.0B | $1.6B | $28.7B | $13.8B | $27.9B | $2.4B | — | — |
| Enterprise Value | $14.7B | $14.3B | $37.1B | $23.4B | $46.9B | $28.0B | — | — |
| P/E Ratio → | 67.10 | 53.62 | — | 296.61 | 6.03 | 11.49 | — | — |
| P/S Ratio | 0.37 | 0.29 | 7.16 | 2.30 | 2.11 | 0.15 | — | — |
| P/B Ratio | 0.22 | 0.18 | 3.45 | 1.63 | 2.85 | 0.30 | — | — |
| P/FCF | — | — | 573.64 | 1.29 | 3.74 | — | — | — |
| P/OCF | — | — | 259.93 | 1.28 | 3.60 | — | — | — |
P/E links to full P/E history page with 30-year chart
RKT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Rocket Companies, Inc.'s enterprise value stands at 18.8x EBITDA, 33% above its 5-year average of 14.2x. The Financial Services sector median is 11.4x, placing the stock at a 65% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.65 | 9.27 | 3.90 | 3.56 | 1.76 | — | — |
| EV / EBITDA | 18.81 | 18.30 | — | 28.03 | 7.49 | 2.92 | — | — |
| EV / EBIT | 21.99 | 21.39 | — | 31.58 | 7.58 | 2.94 | — | — |
| EV / FCF | — | — | 742.74 | 2.19 | 6.30 | — | — | — |
RKT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Rocket Companies, Inc. earns an operating margin of 12.4%, below the Financial Services sector average of 21.4%. ROE of 0.3% is modest, trailing the sector median of 9.5%. ROIC of 2.5% represents below-average returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 91.3% | 91.3% | 91.0% | 94.7% | 96.3% | 97.3% | 94.8% | 94.7% |
| Operating Margin | 12.4% | 12.4% | -10.1% | 12.4% | 46.9% | 60.0% | 17.4% | 14.3% |
| Net Profit Margin | 0.5% | 0.5% | -0.4% | 0.8% | 2.3% | 1.2% | — | — |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| ROE | 0.3% | 0.3% | -0.2% | 0.5% | 3.5% | 3.5% | — | — |
| ROA | 0.1% | 0.1% | -0.1% | 0.2% | 0.9% | 0.7% | — | — |
| ROIC | 2.5% | 2.5% | -1.6% | 2.2% | 14.0% | 26.0% | 4.5% | 4.3% |
| ROCE | 4.5% | 4.5% | -2.7% | 4.1% | 32.6% | 72.1% | 10.8% | 8.6% |
RKT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Rocket Companies, Inc. carries a Debt/EBITDA ratio of 17.9x, which is highly leveraged (334% above the sector average of 4.1x). Net debt stands at $12.7B ($14.0B total debt minus $1.3B cash). Interest coverage of just 1.4x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.55 | 1.55 | 1.15 | 1.22 | 2.17 | 3.51 | 4.56 | 2.92 |
| Debt / EBITDA | 17.90 | 17.90 | — | 12.38 | 3.38 | 2.88 | 16.29 | 11.67 |
| Net Debt / Equity | — | 1.40 | 1.02 | 1.14 | 1.95 | 3.26 | 4.16 | 2.54 |
| Net Debt / EBITDA | 16.27 | 16.27 | — | 11.52 | 3.04 | 2.67 | 14.87 | 10.16 |
| Debt / FCF | — | — | 169.10 | 0.90 | 2.56 | — | — | 5.16 |
| Interest Coverage | 1.42 | 1.42 | -1.12 | 2.32 | 12.57 | 22.07 | 3.33 | 2.70 |
RKT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.23x is below 1.0, meaning current liabilities exceed current assets — though the company's $1.3B cash position helps mitigate short-term liquidity concerns.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.23 | 0.23 | 0.37 | 0.26 | 0.40 | 0.40 | 0.24 | 0.44 |
| Quick Ratio | 0.23 | 0.23 | 0.37 | 0.26 | 0.40 | 0.40 | 0.24 | 0.44 |
| Cash Ratio | 0.14 | 0.14 | 0.23 | 0.14 | 0.18 | 0.10 | 0.13 | 0.24 |
| Asset Turnover | — | 0.22 | 0.21 | 0.30 | 0.40 | 0.42 | 0.26 | 0.37 |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — |
RKT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Rocket Companies, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 1.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | 14.5% | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.5% | 1.9% | — | 0.3% | 16.6% | 8.7% | — | — |
| FCF Yield | — | — | 0.2% | 77.6% | 26.7% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 1.3% | 0.8% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 15.8% | 0.8% | 0.0% | — | — |
| Shares Outstanding | — | $141M | $2.0B | $2.0B | $2.0B | $116M | $101M | $101M |
Peer Comparison
Compare RKT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 RKTYou | $2B | 67.1 | 18.8 | — | 91.3% | 12.4% | 0.3% | 2.5% | 17.9 |
 UWMC | $724M | 28.5 | 0.1 | — | 85.6% | 58.0% | 1.1% | 15.4% | — |
 PFSI | $5B | 9.4 | 18.1 | — | 91.4% | 34.6% | 12.3% | 4.4% | 15.3 |
 GHLD | $439M | 12.8 | 21.4 | — | 90.6% | 10.1% | 8.0% | 2.4% | 19.4 |
 LDI | $499M | -5.0 | 22.7 | — | 88.3% | 13.2% | -14.0% | 2.7% | 22.0 |
 WAL | $9B | 9.4 | 9.8 | — | 61.1% | 22.9% | 13.2% | 6.5% | 5.4 |
 TREE | $563M | 3.8 | 8.8 | 9.3 | 94.3% | 7.3% | 76.5% | 9.0% | 4.2 |
 NRDS | $345M | 17.0 | 3.8 | 2.6 | 92.4% | 7.8% | 13.2% | 13.1% | — |
 FNF | $14B | 11.0 | 6.1 | 2.1 | 52.9% | 13.0% | 15.9% | 13.7% | 1.9 |
 FAF | $7B | 11.4 | 7.2 | 9.2 | 95.6% | 11.1% | 11.9% | 10.7% | 1.8 |
 ICE | $88B | 26.9 | 16.6 | 20.5 | 61.9% | 38.7% | 11.7% | 7.5% | 3.1 |
| Financial Services Median | — | 13.3 | 11.4 | 10.6 | 62.9% | 21.4% | 9.5% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 7 years · Updated daily
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Start ComparisonRKT — Frequently Asked Questions
Quick answers to the most common questions about buying RKT stock.
What is Rocket Companies, Inc.'s P/E ratio?
Rocket Companies, Inc.'s current P/E ratio is 67.1x. The historical average is 23.7x. This places it at the 100th percentile of its historical range.
What is Rocket Companies, Inc.'s EV/EBITDA?
Rocket Companies, Inc.'s current EV/EBITDA is 18.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.2x.
What is Rocket Companies, Inc.'s ROE?
Rocket Companies, Inc.'s return on equity (ROE) is 0.3%. The historical average is 1.5%.
Is RKT stock overvalued?
Based on historical data, Rocket Companies, Inc. is trading at a P/E of 67.1x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Rocket Companies, Inc.'s profit margins?
Rocket Companies, Inc. has 91.3% gross margin and 12.4% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Rocket Companies, Inc. have?
Rocket Companies, Inc.'s Debt/EBITDA ratio is 17.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.