Rocket Companies, Inc.

Rocket Companies, Inc.verified

RKT

Price:

$19.31

Market Cap:

$2.71B

Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and e-Commerce businesses in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; Rocket Auto, an automotive retail marketplace that provides centralized and virtual car sales support to online car purchasing platforms; and Rocket Loans, an online-based pe...[Read more]

Industry

Financial - Mortgages

IPO Date

2020-08-06

Stock Exchange

NYSE

Ticker

RKT

The Current Ratio as of September 2024 (TTM) for Rocket Companies, Inc. (RKT) is 6.89

According to Rocket Companies, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 6.89. This represents a change of 41.40% compared to the average of 4.87 of the last 4 quarters.

Rocket Companies, Inc. (RKT) Historical Current Ratio (quarterly & annually)

How has RKT Current Ratio performed in the past?

The mean historical Current Ratio of Rocket Companies, Inc. over the last ten years is 7.67. The current 6.89 Current Ratio has changed 8.89% with respect to the historical average. Over the past ten years (40 quarters), RKT's Current Ratio was at its highest in in the December 2019 quarter at 51.84. The Current Ratio was at its lowest in in the March 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

7.67

Median

5.07

Minimum

0

Maximum

31.53

Rocket Companies, Inc. (RKT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Rocket Companies, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 31.53

Minimum Annual Increase = -83.92%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.47412.80%
20221.26-79.58%
20216.1894.32%
20203.18-37.28%
20195.07-83.92%
201831.53Infinity%

Rocket Companies, Inc. (RKT) Average Current Ratio

How has RKT Current Ratio performed in the past?

The current Current Ratio of Rocket Companies, Inc. (RKT) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

4.64

5-year avg

4.43

10-year avg

7.67

Rocket Companies, Inc. (RKT) Current Ratio vs. Peers

How is RKT’s Current Ratio compared to its peers?

Rocket Companies, Inc.’s Current Ratio is greater than loanDepot, Inc. (0.24), greater than Mr. Cooper Group Inc. (0.50), greater than PennyMac Financial Services, Inc. (1.56), less than Ocwen Financial Corporation (50.14), greater than Guild Holdings Company (0.06), greater than UWM Holdings Corporation (1.24), greater than Home Point Capital Inc. (0.53), greater than Encore Capital Group, Inc. (1.59), less than Greystone Housing Impact Investors LP (307.45), greater than Velocity Financial, Inc. (0.20), greater than Security National Financial Corporation (3.29),

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