Rocket Companies, Inc.RKT

Market cap

$36.7B

P/E ratio

	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	1,971	2,131	722	1,108	1,273
Restricted cash	83	80	67	28	16
Mortgage loans held for sale, at fair value	22,865	19,324	7,343	6,542	9,020
IRLCs	1,897	539	91	133	103
Forward commitments	21	17	22	27	89
Servicing Asset at Fair Value, Amount	2,863	5,386	6,947	6,440	7,633
Other Receivables	-	-	-	20	14
Property and equipment, net	211	254	274	251	214
Deferred tax asset, net	520	572	538	550	522
Lease right of use assets	239	428	366	348	282
Loans Subject To Repurchase Right, Asset	5,697	1,918	1,642	1,533	2,785
Goodwill and intangible assets, net	-	-	1,259	1,237	1,228
Other assets	941	2,116	799	1,015	1,330
Total assets	37,535	32,775	20,082	19,232	24,510
Secured Debt	17,743	12,752	3,549	3,367	6,708
Senior Notes	2,973	4,022	4,028	4,033	4,039
Other Long-Term Debt	330	1,897	673	203	93
Accounts payable	252	272	116	171	182
Lease liabilities	272	482	423	394	319
Forward commitments	506	20	25	143	11
Forward commitments, at fair value	506	20	25	143	11
Investor reserves	87	79	110	92	100
Tax receivable agreement liability	550	689	614	585	581
Loans Subject To Repurchase Right, Liability	5,697	1,918	1,642	1,533	2,785
Other liabilities	605	777	393	-	-
Total liabilities	29,652	23,015	11,607	10,930	15,467
Additional paid-in capital	283	288	276	341	390
Retained earnings	207	378	300	284	313
Accumulated other comprehensive income (loss)	0	0	0	0	-0
Non-controlling interest	7,392	9,094	7,899	7,677	8,341
Total equity	7,882	9,760	8,476	8,302	9,043
Total liabilities and equity	37,535	32,775	20,082	19,232	24,510