Rocket Companies, Inc. (RKT) stock analysis
Close on Nov 12, 2026Market cap $38.91BP/E –Yield –
StockData Score
Prices as of Nov 12, 2026How the score works
Weak7 of 30 checks passed
Rocket Companies passes 7 of the 30 checks behind our score; 19 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 1/6
- Past performance
- 2/6
- Financial health
- 4/6
- Dividend
- 0/6
What stands out
No debt
Rocket Companies has no borrowings on its latest balance sheet.
Interest well covered
No meaningful interest expense to cover.
Debt covered by cash flow
There is no debt to cover.
Growing faster than the industry
Revenue grew 90.4% over the last twelve months; the Non-depository Credit Institutions median is 33.7%.
What to watch
Revenue growing under 10% a year
Revenue grew 4.7% a year over the last three fiscal years, short of the 10% we look for.
Elevated bankruptcy risk
The Altman Z-score is 0.87; above 3 is the safe zone and below 1.8 the distress zone.
P/S above the industry
Rocket Companies's price-to-sales of 3.40 is above the Non-depository Credit Institutions median of 1.79 (book value is negative, so we use sales).
No dividend
Rocket Companies has not paid a dividend in the last twelve months.
Valuation0/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/S above the industry
Rocket Companies's price-to-sales of 3.40 is above the Non-depository Credit Institutions median of 1.79 (book value is negative, so we use sales).
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.
Growth1/6
Revenue growing under 10% a year
Revenue grew 4.7% a year over the last three fiscal years, short of the 10% we look for.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 90.4% over the last twelve months; the Non-depository Credit Institutions median is 33.7%.
Guidance issued
The latest outlook (Q4 2026 adjusted revenue, Oct 29, 2026) was issued for the first time, so it neither adds nor takes away points.
Gross margin trend
This company does not report gross profit.
Past performance2/6
Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity against the industry
Needs positive equity.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin above its 5-year average
Net margin was 11.4% over the last twelve months, against a 5-year average of 0.5%.
Net margin above the industry
Rocket Companies's net margin of 11.4% is above the Non-depository Credit Institutions median of 10.7%.
Financial health4/6
No debt
Rocket Companies has no borrowings on its latest balance sheet.
Debt not rising
With no debt today, leverage cannot have risen.
Debt covered by cash flow
There is no debt to cover.
Interest well covered
No meaningful interest expense to cover.
Short-term liquidity
The balance sheet is not split into current and non-current items.
Elevated bankruptcy risk
The Altman Z-score is 0.87; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
Rocket Companies has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itWe don't publish a fair value for Rocket Companies. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 10.1
- Non-depository Credit Institutions median 8.4
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Low risk
- Average value traded per day
- $477.70M
- Value traded per 1% price move
- $164.40M
Downside
Medium risk
- Typical loss in a bad month
- 22.8%
- Volatility (annualized)
- 59%
- Sharpe ratio, 1 year
- -0.47
- Beta to the S&P 500 (5Y)
- 1.34
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2017 to 2025
Gross margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +31.2% | +4.7% | -15.6% | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | – | 0.7% | -0.2% | |
| Capex to revenue | – | 0.7% | 1.4% | |
| Diluted shares | – | 116M | 1.32B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Rocket Companies generated $25.24B from operations and spent $839.70M on capital expenditure, dividends and share buybacks. 51% of that went back into the business.
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero-$68.00M
- Cash generatingOperating cash flow above zero-$3.93B
- Return on assets improvedROA up on the prior year0.2% → -0.3%
- Earnings backed by cashOperating cash flow above net income-$3.93B vs -$68.00M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise141M → 1.32B
- Gross margin improvedGross margin up on the prior year45.34% → –
- More efficientAsset turnover rose0.27 → 0.27
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