Earnings Summary

Rocket Companies, Inc.’s revenue jumped 84.13% since last year same period to $1155.85Mn in the Q1 2024. On a quarterly growth basis, Rocket Companies, Inc. has generated 35.31% jump in its revenue since last 3-months.

Rocket Companies, Inc.’s net profit jumped 103.94% since last year same period to $16.22Mn in the Q1 2024. On a quarterly growth basis, Rocket Companies, Inc. has generated 252.47% jump in its net profits since last 3-months.

Rocket Companies, Inc.’s net profit margin jumped 102.14% since last year same period to 1.4% in the Q1 2024. On a quarterly growth basis, Rocket Companies, Inc. has generated 212.68% jump in its net profit margins since last 3-months.

Rocket Companies, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 8.45.

Rocket Companies, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.71 - a 7000% jump from last quarter’s estimates.

Rocket Companies, Inc.’s earning per share (EPS) estimates for the current year stand at 0.71.

Rocket Companies, Inc.’s earning per share (EPS) jumped 166.67% since last year same period to 0.04 in the Q1 2024. This indicates that the Rocket Companies, Inc. has generated 166.67% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Rocket Companies, Inc.’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Rocket Companies, Inc.’s return on equity (ROE) stands at 0.04.