Rocket Companies Inc
NYSE:RKT

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Rocket Companies Inc
NYSE:RKT
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Price: 13.77 USD 1.18%
Market Cap: 27.4B USD
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Operating Margin
Rocket Companies Inc

8.8%
Current
23%
Average
24%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
8.8%
=
Operating Profit
381.3m
/
Revenue
4.3B

Operating Margin Across Competitors

Country US
Market Cap 27.6B USD
Operating Margin
9%
Country US
Market Cap 9.8B USD
Operating Margin
50%
Country US
Market Cap 6.5B USD
Operating Margin
84%
Country US
Market Cap 6.3B USD
Operating Margin
37%
Country BM
Market Cap 6B USD
Operating Margin
73%
Country US
Market Cap 5.4B USD
Operating Margin
78%
Country US
Market Cap 5.3B USD
Operating Margin
10%
Country US
Market Cap 5.2B USD
Operating Margin
70%
Country US
Market Cap 4.8B USD
Operating Margin
0%
Country US
Market Cap 4.5B USD
Operating Margin
0%
Country US
Market Cap 4B USD
Operating Margin
0%
No Stocks Found

Rocket Companies Inc
Glance View

Market Cap
27.5B 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

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What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
8.8%
=
Operating Profit
381.3m
/
Revenue
4.3B
What is the Operating Margin of Rocket Companies Inc?

Based on Rocket Companies Inc's most recent financial statements, the company has Operating Margin of 8.8%.