Rocket Companies, Inc.RKT
| Dec 31,
2020 | Dec 31,
2021 | Dec 31,
2022 | Dec 31,
2023 | Dec 31,
2024 |
|---|
| Gain on sale of loans excluding fair value of MSRs, net | 11,946 | 6,604 | 1,167 | 974 | 1,683 |
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| Fair value of originated MSRs | 3,125 | 3,864 | 1,971 | 1,092 | 1,330 |
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| Gain on sale of loans, net | 15,071 | 10,469 | 3,137 | 2,066 | 3,013 |
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| Servicing fee income | 1,074 | 1,326 | 1,459 | 1,402 | 1,462 |
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| Change in fair value of MSRs | - | 689 | -185 | 701 | 579 |
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| Loan servicing income, net | -1,220 | 637 | 1,644 | 701 | 883 |
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| Interest income | 330 | 430 | 351 | 327 | 413 |
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| Interest expense on funding facilities | 246 | 261 | 166 | 207 | 316 |
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| Interest income, net | 84 | 169 | 184 | 121 | 98 |
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| Other income | 1,800 | 1,640 | 873 | 911 | 1,107 |
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| Total revenue, net | 15,735 | 12,914 | 5,838 | 3,799 | 5,101 |
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| Labor and Related Expense | 3,238 | 3,357 | 2,798 | 2,257 | 2,261 |
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| General and Administrative Expense | 1,053 | 1,183 | 906 | 803 | 893 |
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| Marketing and Advertising Expense | 950 | 1,250 | 946 | 737 | 824 |
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| Depreciation and amortization | 74 | 75 | 94 | 110 | 113 |
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| Interest And Amortization Expense, Non-Funding Debt | 186 | 231 | 154 | 153 | 154 |
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| Other expenses | 702 | 634 | 199 | 142 | 188 |
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| Total expenses | 6,204 | 6,730 | 5,097 | 4,202 | 4,433 |
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| Income (loss) before income taxes | - | 6,185 | 742 | -403 | 668 |
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| (Provision for) benefit from income taxes | 132 | 113 | 42 | -13 | 32 |
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| Net income (loss) | 9,399 | 6,072 | 700 | -390 | 636 |
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| Net (income) loss attributable to non-controlling interest | 9,201 | 5,764 | 654 | -375 | 606 |
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| Net income (loss) attributable to Rocket Companies | 9,399 | 6,072 | 700 | -16 | 636 |
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| Earnings Per Share, Basic | 1.77 | 2.36 | 0.39 | -0.12 | 0.21 |
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| Earnings Per Share, Diluted | 1.76 | 2.32 | 0.28 | -0.15 | 0.21 |
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| Net income (loss) | 9,399 | 6,072 | 700 | -390 | 636 |
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| Cumulative translation adjustment | 1 | -0 | -1 | -0 | -1 |
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| Unrealized gain on investment securities | 5 | -6 | 1 | - | - |
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| Comprehensive income (loss) | 9,405 | 6,066 | 699 | -390 | 634 |
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| Comprehensive (income) loss attributable to non-controlling interest | 9,207 | 5,759 | 653 | -375 | 605 |
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| Comprehensive income (loss) attributable to Rocket Companies | 198 | 308 | 46 | -16 | 29 |
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