Rocket Companies, Inc. (RKT) Key Metrics
RKT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $30.53B
- Enterprise value
- $60.26B
- P/E (TTM)
- —
- Forward P/E
- 15.6
- PEG ratio
- 0.53
- Price / sales
- 3.0
- Price / book
- 1.5
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 2.25
RKT key metrics, 2017–2025
Fiscal year ended December 31, 2025 · U.S. dollarsRKT returns How much profit the business earns on the capital it uses.
RKT financial health Debt, liquidity and how easily interest is covered.
RKT efficiency & capital use Working capital cycle and where the cash goes.
RKT valuation history
RKT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
RKT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
RKT cash returned to shareholders
RKT price vs earnings per share
RKT key metrics
2017–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Valuation | |||||||||
| Market capitalization | $47.91B | — | — | — | — | — | — | — | — |
| Enterprise value | $76.77B | — | — | — | — | — | — | — | — |
| Price / sales | 7.0 | — | — | — | — | — | — | — | — |
| Price / book | 2.1 | — | — | — | — | — | — | — | — |
| EV / sales | 11.2 | — | — | — | — | — | — | — | — |
| EV / EBITDA | 86.3 | — | — | — | — | — | — | — | — |
| Earnings yield | −0.1% | — | — | — | — | — | — | — | — |
| Free cash flow yield | −8.4% | — | — | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | — | — | — | — | — | — | — | — |
| Share price at fiscal year-end | $19.36 | $11.26 | $14.48 | $7.00 | $14.00 | $20.22 | — | — | — |
| Per share | |||||||||
| Revenue per share | $2.78 | — | — | — | — | — | — | — | — |
| Earnings per share | −$0.03 | — | — | — | — | — | — | — | — |
| Operating cash flow per share | −$1.59 | — | — | — | — | — | — | — | — |
| Free cash flow per share | −$1.62 | — | — | — | — | — | — | — | — |
| Cash per share | $1.09 | — | — | — | — | — | — | — | — |
| Book value per share | $9.25 | — | — | — | — | — | — | — | — |
| Tangible book value per share | $4.07 | — | — | — | — | — | — | — | — |
| Capex per share | $0.04 | — | — | — | — | — | — | — | — |
| Debt per share | $12.76 | — | — | — | — | — | — | — | — |
| Shares outstanding | 2.47B | — | — | — | — | — | — | — | — |
| Returns & profitability | |||||||||
| Return on equity (ROE) | −0.4% | 0.3% | −0.2% | 0.5% | 3.5% | 3.5% | 28.4% | 21.8% | — |
| Return on invested capital (ROIC) | 1.3% | 3.3% | −1.9% | 3.1% | 21.4% | 52.7% | 13.2% | 10.7% | — |
| Return on assets (ROA) | −0.2% | 0.1% | −0.1% | 0.2% | 0.9% | 0.7% | 5.7% | 5.3% | — |
| Return on tangible assets | −0.1% | 0.2% | −0.1% | 0.4% | 1.2% | 0.6% | 5.2% | 7.3% | — |
| Free cash flow margin | −58.4% | −63.6% | 1.2% | 178.5% | 56.5% | −11.2% | −135.0% | 31.7% | −7.3% |
| Income quality (OCF / net income) | — | −89.52 | — | 233.16 | 25.13 | −8.47 | −7.81 | 2.36 | −0.31 |
| Financial health | |||||||||
| Total debt | $31.56B | $13.98B | $9.56B | $8.73B | $21.18B | $21.95B | $5.65B | $4.04B | — |
| Cash & short-term investments | $2.70B | $1.27B | $1.11B | $722.3M | $2.13B | $1.97B | $1.35B | $1.05B | — |
| Net debt | $28.87B | $12.70B | $8.45B | $8.01B | $19.05B | $19.98B | $4.30B | $2.98B | — |
| Debt / equity | 1.38 | 1.55 | 1.15 | 1.03 | 2.17 | 2.79 | 1.61 | 1.45 | — |
| Debt / assets | 0.52 | 0.57 | 0.50 | 0.43 | 0.65 | 0.58 | 0.28 | 0.35 | — |
| Net debt / EBITDA | 32.43 | 16.27 | — | 9.58 | 3.04 | 2.08 | 4.39 | 4.29 | — |
| Current ratio | 16.62 | 0.23 | 0.37 | 1.26 | 0.24 | 3.18 | 5.07 | 31.53 | — |
| Quick ratio | 16.62 | 0.23 | 0.37 | −0.91 | 0.24 | 3.18 | 5.06 | 30.47 | — |
| Interest coverage | 0.7 | 1.4 | -1.1 | 2.3 | 12.6 | 22.1 | 3.3 | 2.7 | 4.3 |
| Working capital | $4.45B | −$7.02B | −$3.03B | $149.7M | −$8.93B | $1.37B | $1.31B | $7.87B | — |
| Invested capital | $51.76B | $21.75B | $16.76B | $16.48B | $28.81B | $27.87B | $7.80B | $5.77B | — |
| Tangible asset value | $10.06B | $182.5M | $625.2M | $269.7M | $3.08B | $4.97B | $587.7M | −$446.6M | — |
| Net current asset value | −$33.05B | −$13.41B | −$9.15B | −$10.88B | −$20.20B | −$27.66B | −$14.94B | −$649.2M | — |
| Graham net-net per share | −$13.56 | — | — | — | — | — | — | — | — |
| Capital allocation | |||||||||
| Dividends paid | — | — | — | $2.00B | $3.57B | $1.38B | $1.38B | $1.38B | $1.38B |
| Share buybacks (net) | $0 | $0 | $47.6M | $177.7M | $231.6M | $2.02B | $210.9M | $706.9M | $474.3M |
| Dividend payout ratio | — | — | — | — | — | 694.7% | 153.9% | 226.5% | 178.4% |
| Dividends + buybacks / free cash flow | — | — | 95.1% | 20.3% | 51.1% | — | — | 152.3% | — |
| Capex / revenue | 1.3% | 14.9% | 1.5% | 1.8% | 2.3% | 0.7% | 0.9% | 1.5% | 1.6% |
| Capex / operating cash flow | — | — | 54.7% | 1.0% | 3.9% | — | — | 4.5% | — |
| Capex / depreciation | 0.31 | 7.13 | 0.55 | 1.15 | 4.05 | 1.43 | 0.65 | 0.84 | 0.98 |
| Stock-based compensation / revenue | 5.0% | 2.7% | 4.5% | 3.6% | 1.2% | 0.9% | 0.8% | 0.8% | 0.8% |
| SG&A / revenue | 36.7% | 73.7% | 94.8% | 77.4% | 43.9% | 33.0% | 70.6% | 73.7% | 70.9% |
| Efficiency | |||||||||
| Days sales outstanding | 70.9 | 41.0 | 26.9 | 16.1 | 7.5 | 3.5 | 17.9 | 19.4 | — |
| Days of inventory on hand | — | — | — | 708.6 | 0.6 | 1.2 | 183.4 | 432.1 | — |
| Days payables outstanding | 146.9 | 137.3 | 145.8 | 221.2 | 194.2 | 173.0 | 167.9 | 147.5 | — |
| Cash conversion cycle (days) | -75.9 | -96.4 | -119.0 | 503.5 | -186.1 | -168.3 | 33.5 | 304.0 | — |
| Receivables turnover | 5.15 | 8.91 | 13.58 | 22.71 | 48.79 | 104.26 | 20.34 | 18.81 | — |
| Payables turnover | 2.49 | 2.66 | 2.50 | 1.65 | 1.88 | 2.11 | 2.17 | 2.47 | — |
| Inventory turnover | — | — | — | 0.52 | 606.14 | 314.05 | 1.99 | 0.84 | — |
| Asset turnover | 0.16 | 0.25 | 0.20 | 0.23 | 0.37 | 0.55 | 0.33 | 0.37 | — |
| Average receivables | $1.34B | $606.1M | $295.0M | $264.4M | $270.1M | $152.5M | $255.9M | $229.0M | — |
| Average payables | $233.4M | $176.5M | $143.8M | $193.9M | $261.8M | $204.6M | $125.0M | $92.7M | — |
| Average inventory | — | — | — | $621.2M | $811,500 | $1.4M | $136.6M | $271.5M | — |
| Intangibles / total assets | 21.2% | 36.2% | 39.9% | 40.9% | 20.4% | 7.8% | 14.5% | 27.9% | — |
Computed from RKT's annual financial statements (latest annual report filed March 2, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
RKT valuation and financial ratios
Rocket earned a return on equity of −0.4% and a return on invested capital of 1.3% in fiscal 2025. It ended the year with $31.6 billion of debt and $2.7 billion in cash and short-term investments, net debt of $28.9 billion.
See the RKT income statement, the RKT chart for price history, or the RKT stock overview for the latest quote and news.
RKT key metrics FAQ
What is Rocket's EV/EBITDA?
Rocket's enterprise value was 86.3 times EBITDA at the end of fiscal 2025 (enterprise value $76.8 billion, EBITDA $890.0 million).
What is Rocket's return on equity?
Rocket's return on equity (ROE) was −0.4% in fiscal 2025: net income of -$68.0 million on average shareholders' equity of $16.0 billion.
What is Rocket's ROIC?
Rocket's return on invested capital was 1.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Rocket have?
Rocket had total debt of $31.6 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.38 and $28.9 billion of net debt (32.43 times EBITDA).
What is Rocket's free cash flow yield?
Rocket generated -$4.0 billion of free cash flow in fiscal 2025, a free cash flow yield of −8.4% on its market value at year-end ($47.9 billion).
What is Rocket's current ratio?
Rocket's current ratio was 16.62 at the end of fiscal 2025: current assets were 16.62 times current liabilities.