FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Rocket's Free Cash Flow for the
three
months ended in Dec. 2023 was $1,400 Mil. Rocket's Revenue for the
three
months ended in Dec. 2023 was $655 Mil. Therefore, Rocket's FCF Margin % for the quarter that ended in Dec. 2023 was 213.54%.
The historical rank and industry rank for Rocket's FCF Margin % or its related term are showing as below:
RKT'
s FCF Margin % Range Over the Past 10 Years
Min: -142.48 Med: -1.41 Max: 188.49
Current: -1.41
During the past 7 years, the highest FCF Margin % of Rocket was 188.49%. The lowest was -142.48%. And the median was -1.41%.
RKT's FCF Margin % is ranked worse than 70.06% of 1423
companies
in the Banks industry
Industry Median: 27.32
vs RKT: -1.41
Rocket FCF Margin % Historical Data
The historical data trend for Rocket's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Mortgage Finance subindustry, Rocket's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Rocket's FCF Margin % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Rocket's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Rocket's FCF Margin % falls into.
Rocket FCF Margin % Calculation
FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.
Rocket's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Rocket FCF Margin % Related Terms
Thank you for viewing the detailed overview of Rocket's FCF Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company's mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company's lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket's origination process to offer loans to their customers. The company has rapidly gained market share in recent years and is now the largest mortgage originator in the U.S. as well as the servicer for more than 2 million loans.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RKT has been successfully added to your 