Rocket Companies Inc
NYSE:RKT

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Rocket Companies Inc
NYSE:RKT
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Price: 13.74 USD 0.96% Market Closed
Market Cap: 27.3B USD
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Rocket Companies Inc
Accounts Payable

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Rocket Companies Inc
Accounts Payable Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accounts Payable CAGR 3Y CAGR 5Y CAGR 10Y
Rocket Companies Inc
NYSE:RKT
Accounts Payable
$171.4m
CAGR 3-Years
-12%
CAGR 5-Years
13%
CAGR 10-Years
N/A
MGIC Investment Corp
NYSE:MTG
Accounts Payable
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
PennyMac Financial Services Inc
NYSE:PFSI
Accounts Payable
$359.6m
CAGR 3-Years
-10%
CAGR 5-Years
5%
CAGR 10-Years
6%
UWM Holdings Corp
NYSE:UWMC
Accounts Payable
$469.1m
CAGR 3-Years
-18%
CAGR 5-Years
16%
CAGR 10-Years
N/A
Enact Holdings Inc
NASDAQ:ACT
Accounts Payable
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Mr Cooper Group Inc
NASDAQ:COOP
Accounts Payable
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Rocket Companies Inc
Glance View

Market Cap
27.4B USD
Industry
Financial Services

Rocket Companies Inc. is a dynamic player in the mortgage industry, often recognized for its consumer-centric approach and innovative digital solutions. Founded in 1985, the company has built a strong reputation under its flagship brand, Quicken Loans, which has consistently ranked as the largest online mortgage lender in the United States. Rocket Companies not only offers loans but also provides a full suite of services related to home buying and refinancing, including title insurance through its subsidiary, Amrock. By leveraging cutting-edge technology and data analytics, the company streamlines the borrowing process, enabling it to deliver a seamless and efficient experience for customers, setting itself apart in a competitive market. As an investor, Rocket Companies presents intriguing opportunities, particularly in a market that increasingly values technology-driven services. The company has demonstrated its resilience and adaptability, especially during fluctuating interest rates, which can significantly impact mortgage demand. With its diverse service offerings and a robust technological backbone, Rocket Companies is positioned to capitalize on the evolving housing market, especially as millennials and younger generations enter the home-buying arena. Furthermore, the strategic focus on customer service and operational excellence has led to strong brand loyalty, suggesting potential for growth and profitability in the years to come, making Rocket Companies a compelling prospect for investors looking to tap into the expanding real estate sector.

RKT Intrinsic Value
13.92 USD
Undervaluation 1%
Intrinsic Value
Price

See Also

What is Rocket Companies Inc's Accounts Payable?
Accounts Payable
171.4m USD

Based on the financial report for Dec 31, 2023, Rocket Companies Inc's Accounts Payable amounts to 171.4m USD.

What is Rocket Companies Inc's Accounts Payable growth rate?
Accounts Payable CAGR 5Y
13%

Over the last year, the Accounts Payable growth was 48%. The average annual Accounts Payable growth rates for Rocket Companies Inc have been -12% over the past three years , 13% over the past five years .

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