FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
As of today, Rocket's Trailing 12-Month Free Cash Flow is $-51 Mil, and Market Cap is $1,689 Mil. Therefore, Rocket's FCF Yield % for today is -3.03%.
The historical rank and industry rank for Rocket's FCF Yield % or its related term are showing as below:
RKT'
s FCF Yield % Range Over the Past 10 Years
Min: -248.97 Med: 12.42 Max: 539.56
Current: -3.03
During the past 7 years, the highest FCF Yield % of Rocket was 539.56%. The lowest was -248.97%. And the median was 12.42%.
RKT's FCF Yield % is ranked worse than 72.2% of 1428
companies
in the Banks industry
Industry Median: 10.135
vs RKT: -3.03
Rocket's FCF Margin % for the quarter that ended in Dec. 2023 was 213.54%.
Rocket FCF Yield % Historical Data
The historical data trend for Rocket's FCF Yield % 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 Yield %, along with its competitors' market caps and FCF Yield % 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 Yield % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Rocket's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Rocket's FCF Yield % falls into.
Rocket FCF Yield % Calculation
FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
Rocket's FCF Yield % 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 Yield % Explanation
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Rocket FCF Yield % Related Terms
Thank you for viewing the detailed overview of Rocket's FCF Yield % 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.
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