RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Rocket Companies Stock

Rocket Companies ROE 2024

Rocket Companies ROE

-0.02

Ticker

RKT

ISIN

US77311W1018

WKN

A2P9R6

In 2024, Rocket Companies's return on equity (ROE) was -0.02, a -131.14% increase from the 0.08 ROE in the previous year.

Rocket Companies Aktienanalyse

What does Rocket Companies do?

Rocket Companies Inc is a US-based company that serves as a holding company for a group of financial services and online lending businesses. The company was founded in 1985 by Dan Gilbert and has rapidly gained importance since then. The company offers various financial services and products, including mortgages, loans, and insurance, through its different divisions such as Rocket Mortgage, Rocket Loans, Rocket Homes, and Rocket Auto. Rocket Mortgage, in particular, has revolutionized the way customers apply for mortgages with its fully digital platform. Rocket Loans provides unsecured loans with lower interest rates compared to most credit card companies. Rocket Homes is an online marketplace for real estate transactions, offering property search and the option to find a real estate agent. Rocket Auto allows customers to buy, lease, or finance cars through partnerships with various dealerships. Overall, Rocket Companies Inc is a rapidly growing player in the financial services and online lending industry, known for its easy-to-use products, transparency, and digital solutions. Rocket Companies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Rocket Companies's Return on Equity (ROE)

Rocket Companies's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Rocket Companies's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Rocket Companies's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Rocket Companies’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Rocket Companies stock

What is the ROE (Return on Equity) of Rocket Companies this year?

The ROE of Rocket Companies this year is -0.02 undefined.

How has the Return on Equity (ROE) of Rocket Companies developed compared to the previous year?

The ROE of Rocket Companies has increased by -131.14% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Rocket Companies?

A high ROE indicates that Rocket Companies generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Rocket Companies?

A low ROE can indicate that Rocket Companies is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Rocket Companies affect the company?

A change in ROE (Return on Equity) of Rocket Companies can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Rocket Companies?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Rocket Companies?

Some factors that can influence Rocket Companies's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Rocket Companies pay?

Over the past 12 months, Rocket Companies paid a dividend of 1.01 USD . This corresponds to a dividend yield of about 9.02 %. For the coming 12 months, Rocket Companies is expected to pay a dividend of 21.83 USD.

What is the dividend yield of Rocket Companies?

The current dividend yield of Rocket Companies is 9.02 %.

When does Rocket Companies pay dividends?

Rocket Companies pays a quarterly dividend. This is distributed in the months of March, June, April, April.

How secure is the dividend of Rocket Companies?

Rocket Companies paid dividends every year for the past 4 years.

What is the dividend of Rocket Companies?

For the upcoming 12 months, dividends amounting to 21.83 USD are expected. This corresponds to a dividend yield of 194.95 %.

In which sector is Rocket Companies located?

Rocket Companies is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Rocket Companies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Rocket Companies from 3/22/2022 amounting to 1.01 USD, you needed to have the stock in your portfolio before the ex-date on 3/7/2022.

When did Rocket Companies pay the last dividend?

The last dividend was paid out on 3/22/2022.

What was the dividend of Rocket Companies in the year 2023?

In the year 2023, Rocket Companies distributed 1.01 USD as dividends.

In which currency does Rocket Companies pay out the dividend?

The dividends of Rocket Companies are distributed in USD.

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Andere Kennzahlen von Rocket Companies

Our stock analysis for Rocket Companies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Rocket Companies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.