Rocket Gross Profit from 2010 to 2024

RKT Stock

USD 13.74 0.13 0.96%

Rocket Companies Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 3.3 B in 2024. Gross Profit is the profit Rocket Companies makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2019-03-31

Previous Quarter

1.1 B

Current Value

646.9 M

Quarterly Volatility

1.4 B

Covid

Check Rocket Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rocket Companies' main balance sheet or income statement drivers, such as Interest Income of 286.6 M, Interest Expense of 279.4 M or Selling General Administrative of 3.4 B, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 1.81 or PTB Ratio of 1.76. Rocket financial statements analysis is a perfect complement when working with Rocket Companies Valuation or Volatility modules.

Check out the analysis of Rocket Companies Correlation against competitors.

For more information on how to buy Rocket Stock please use our How to Invest in Rocket Companies guide.

Latest Rocket Companies' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Rocket Companies over the last few years. Gross profit is a required income statement account that reflects total revenue of Rocket Companies minus its cost of goods sold. It is profit before Rocket Companies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Rocket Companies' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rocket Companies' overall financial position and show how it may be relating to other accounts over time.

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Last Reported 6 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Rocket Gross Profit Regression Statistics

	Arithmetic Mean	5,119,174,147
	Geometric Mean	4,416,568,664
	Coefficient Of Variation	72.61
	Mean Deviation	2,442,257,675
	Median	3,485,086,000
	Standard Deviation	3,716,988,560
	Sample Variance	13816004T
	Range	12.1B
	R-Value	0.36
	Mean Square Error	12900061.5T
	R-Squared	0.13
	Significance	0.18
	Slope	303,098,616
	Total Sum of Squares	193424055.4T

Rocket Gross Profit History

	2024	3.3 B
	2023	3.5 B
	2022	5.6 B
	2021	12.6 B
	2020	15.5 B
	2019	4.9 B
	2018	3.5 B

Other Fundumenentals of Rocket Companies

Gross Profit Margin

Rocket Companies Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Long Term Debt Total	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Cash And Equivalents	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Investments
Total Assets		-0.78	-0.27	-0.86	0.9	0.97	0.63	0.06	0.51	0.78	0.63	0.95	0.62	0.56	-0.82	-0.79	0.82	0.31	0.36	-0.79	0.89	0.51
Total Stockholder Equity	-0.78		0.38	0.75	-0.7	-0.74	-0.65	-0.12	-0.8	-0.45	-0.73	-0.6	-0.14	-0.63	0.75	0.99	-0.39	-0.55	-0.77	0.99	-0.59	-0.5
Net Tangible Assets	-0.27	0.38		0.04	-0.33	-0.12	0.35	0.57	0.2	-0.64	0.32	-0.3	-0.22	-0.72	0.05	0.33	-0.05	-0.2	0.1	0.33	0.19	0.42
Current Deferred Revenue	-0.86	0.75	0.04		-0.65	-0.83	-0.59	-0.16	-0.7	-0.48	-0.65	-0.74	-0.36	-0.54	1.0	0.77	-0.51	-0.47	-0.63	0.77	-0.82	-0.46
Net Debt	0.9	-0.7	-0.33	-0.65		0.85	0.61	-0.08	0.39	0.79	0.56	0.94	0.78	0.52	-0.6	-0.66	0.78	-0.06	0.21	-0.66	0.74	0.61
Accounts Payable	0.97	-0.74	-0.12	-0.83	0.85		0.7	0.3	0.54	0.7	0.72	0.91	0.57	0.34	-0.78	-0.76	0.86	0.34	0.37	-0.76	0.94	0.56
Long Term Debt	0.63	-0.65	0.35	-0.59	0.61	0.7		0.41	0.81	0.08	0.96	0.5	0.18	0.06	-0.57	-0.67	0.58	0.13	0.63	-0.67	0.79	0.95
Net Receivables	0.06	-0.12	0.57	-0.16	-0.08	0.3	0.41		0.41	-0.25	0.56	-0.04	-0.25	-0.64	-0.13	-0.16	0.15	0.39	0.32	-0.16	0.37	0.32
Good Will	0.51	-0.8	0.2	-0.7	0.39	0.54	0.81	0.41		-0.08	0.9	0.27	-0.17	0.26	-0.72	-0.82	0.15	0.5	0.96	-0.82	0.57	0.7
Short Term Investments	0.78	-0.45	-0.64	-0.48	0.79	0.7	0.08	-0.25	-0.08		0.06	0.88	0.8	0.57	-0.43	-0.42	0.72	0.06	-0.18	-0.42	0.51	0.01
Long Term Debt Total	0.63	-0.73	0.32	-0.65	0.56	0.72	0.96	0.56	0.9	0.06		0.46	0.07	0.05	-0.63	-0.75	0.48	0.33	0.75	-0.75	0.77	0.87
Total Liab	0.95	-0.6	-0.3	-0.74	0.94	0.91	0.5	-0.04	0.27	0.88	0.46		0.84	0.5	-0.68	-0.59	0.86	0.05	0.1	-0.59	0.82	0.44
Net Invested Capital	0.62	-0.14	-0.22	-0.36	0.78	0.57	0.18	-0.25	-0.17	0.8	0.07	0.84		0.28	-0.29	-0.09	0.72	-0.46	-0.36	-0.09	0.52	0.28
Short Long Term Debt	0.56	-0.63	-0.72	-0.54	0.52	0.34	0.06	-0.64	0.26	0.57	0.05	0.5	0.28		-0.58	-0.61	0.14	0.25	0.33	-0.61	0.17	-0.02
Total Current Assets	-0.82	0.75	0.05	1.0	-0.6	-0.78	-0.57	-0.13	-0.72	-0.43	-0.63	-0.68	-0.29	-0.58		0.78	-0.44	-0.5	-0.67	0.78	-0.78	-0.43
Capital Stock	-0.79	0.99	0.33	0.77	-0.66	-0.76	-0.67	-0.16	-0.82	-0.42	-0.75	-0.59	-0.09	-0.61	0.78		-0.41	-0.62	-0.78	1.0	-0.63	-0.49
Cash And Equivalents	0.82	-0.39	-0.05	-0.51	0.78	0.86	0.58	0.15	0.15	0.72	0.48	0.86	0.72	0.14	-0.44	-0.41		0.0	-0.08	-0.41	0.85	0.5
Short Term Debt	0.31	-0.55	-0.2	-0.47	-0.06	0.34	0.13	0.39	0.5	0.06	0.33	0.05	-0.46	0.25	-0.5	-0.62	0.0		0.61	-0.62	0.24	-0.16
Intangible Assets	0.36	-0.77	0.1	-0.63	0.21	0.37	0.63	0.32	0.96	-0.18	0.75	0.1	-0.36	0.33	-0.67	-0.78	-0.08	0.61		-0.78	0.36	0.51
Common Stock	-0.79	0.99	0.33	0.77	-0.66	-0.76	-0.67	-0.16	-0.82	-0.42	-0.75	-0.59	-0.09	-0.61	0.78	1.0	-0.41	-0.62	-0.78		-0.63	-0.49
Property Plant Equipment	0.89	-0.59	0.19	-0.82	0.74	0.94	0.79	0.37	0.57	0.51	0.77	0.82	0.52	0.17	-0.78	-0.63	0.85	0.24	0.36	-0.63		0.68
Long Term Investments	0.51	-0.5	0.42	-0.46	0.61	0.56	0.95	0.32	0.7	0.01	0.87	0.44	0.28	-0.02	-0.43	-0.49	0.5	-0.16	0.51	-0.49	0.68

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About Rocket Companies Financial Statements

Rocket Companies shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Rocket Companies investors may analyze each financial statement separately, they are all interrelated. The changes in Rocket Companies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Rocket Companies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	3.5 B	3.3 B
Gross Profit Margin	0.97	0.76

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