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RocketRKT +3.63%70 Debt-to-Equity is 1.13 as of Mar. 2026, which is 89% below its 10-year median of 10.11. GuruFocus rates RKT with a GF Score™ of 70/100 and a GF Value™ of $13.80 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,422 Banks companies, Rocket ranks worse than 70.39% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Rocket's Debt-to-Equity or its related term are showing as below:
RKT'
s Debt-to-Equity Range Over the Past 10 Years
Min: -31.01 Med: 10.11 Max: 35.25
Current: 1.13
During the past 9 years, the highest Debt-to-Equity Ratio of Rocket was 35.25. The lowest was -31.01. And the median was 10.11.
RKT's Debt-to-Equity is ranked worse than 70.39% of 1422
companies
in the Banks industry
Industry Median: 0.57
vs RKT: 1.13
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Rocket Debt-to-Equity Related Terms
Rocket Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Rocket's Debt-to-Equity 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.
RKT vs FNMA, PFSI, FMCC: Debt-to-Equity Comparison
For the Mortgage Finance subindustry, Rocket's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Rocket's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Rocket's Debt-to-Equity falls into.
* 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 (RKT) has a Debt-to-Equity of 1.13 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Rocket and its competitors. This is 89% below median its historical median of 10.11. According to the industry distribution chart, Rocket ranks #1001 out of 1422 companies in the Banks industry, placing it in the top 70.4%.
Is Rocket's Debt-to-Equity too high?
Rocket's current Debt-to-Equity of 1.13 is 89% below median its 10-year median of 10.11. The Banks industry median Debt-to-Equity is 0.57. Rocket's value of 1.13 is 98.2% above this industry median. Based on the distribution chart, Rocket ranks #1001 out of 1422 companies in the Banks industry, which is below the industry midpoint. Overall, Rocket has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rocket's Debt-to-Equity compare to FNMA and PFSI?
According to the Banks industry distribution chart, Rocket ranks #1001 out of 1422 companies for Debt-to-Equity. This places Rocket in the lower half of its industry. The industry median Debt-to-Equity is 0.57. Rocket's value of 1.13 is 98.2% above this benchmark. While the company's 10-year median is 10.11 vs. the industry median of 0.57, Rocket has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.57, based on 1,422 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rocket's current Debt-to-Equity of 1.13 is 98.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Rocket and its competitors. For the Banks industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rocket's current Debt-to-Equity is 1.13, which is 89% below median its own 10-year median of 10.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rocket stock overvalued right now?
Based on GuruFocus' analysis, Rocket (RKT) is currently considered Fairly Valued. The stock's GF Value™ is $13.80, compared to a current price of $13.98 — trading 1.3% above its estimated fair value. The current Debt-to-Equity is 1.13, which is 89% below median its 10-year median of 10.11 and 98.2% above the Banks industry median of 0.57. Rocket's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Rocket (RKT), the current Debt-to-Equity is 1.13 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Rocket (RKT) Overvalued in 2026?
Based on GuruFocus' analysis, Rocket stock appears to be overvalued.
The current stock price of $13.98 is trading 1.3% above its estimated GF Value™ of $13.80.
GuruFocus considers Rocket to be Fairly Valued.
Key valuation signals for RKT:
Debt-to-Equity: 1.13 (89% below median its 10-year median of 10.11)
GF Value™: $13.80 vs. price of $13.98 (1.3% above fair value)
Industry Position: 98.2% above the Banks median (#1001 of 1422)
No single metric tells the full story. See the RKT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 will also be the largest mortgage servicer in the US following its acquisition of the Mr. Cooper Group.
70GF Score
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