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Rocket (Rocket) EV-to-Revenue : 3.70 (As of Apr. 27, 2024)


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What is Rocket EV-to-Revenue?

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Rocket's enterprise value is $13,505 Mil. Rocket's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $3,646 Mil. Therefore, Rocket's EV-to-Revenue for today is 3.70.

The historical rank and industry rank for Rocket's EV-to-Revenue or its related term are showing as below:

RKT' s EV-to-Revenue Range Over the Past 10 Years
Min: 0.82   Med: 3.35   Max: 12.38
Current: 3.7

During the past 7 years, the highest EV-to-Revenue of Rocket was 12.38. The lowest was 0.82. And the median was 3.35.

RKT's EV-to-Revenue is ranked worse than
65.91% of 1455 companies
in the Banks industry
Industry Median: 2.41 vs RKT: 3.70

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2024-04-27), Rocket's stock price is $12.35. Rocket's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.84. Therefore, Rocket's PS Ratio for today is 6.71.


Rocket EV-to-Revenue Historical Data

The historical data trend for Rocket's EV-to-Revenue 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.

* Premium members only.

Rocket EV-to-Revenue Chart

Rocket Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-Revenue
Get a 7-Day Free Trial - 1.00 1.46 2.46 3.78

Rocket Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.46 4.05 4.00 4.18 3.78

Competitive Comparison of Rocket's EV-to-Revenue

For the Mortgage Finance subindustry, Rocket's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue 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 EV-to-Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Rocket's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where Rocket's EV-to-Revenue falls into.



Rocket EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Rocket's EV-to-Revenue for today is calculated as:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=13504.982/3645.883
=3.70

Rocket's current Enterprise Value is $13,505 Mil.
Rocket's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,646 Mil.

* 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  (NYSE:RKT) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Rocket's PS Ratiofor today is calculated as:

PS Ratio=Share Price (Today)/Revenue per Share (TTM)
=12.35/1.84
=6.71

Rocket's share price for today is $12.35.
Rocket's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.84.

* 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 EV-to-Revenue Related Terms

Thank you for viewing the detailed overview of Rocket's EV-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Rocket (Rocket) Business Description

Traded in Other Exchanges
Address
1050 Woodward Avenue, Detroit, MI, USA, 48226
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.
Executives
Varun Krishna officer: Chief Executive Officer 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Jonathan D Mariner director 2200 WEST DON TYSON PARKWAY, SPRINGDALE AR 72762
William C. Emerson director 1050 WOODWARD AVENUE, DETROIT MI 48226
Matthew Rizik director 1050 WOODWARD AVENUE, DETROIT MI 48226
Jay Farner director, officer: Chief Executive Officer 1050 WOODWARD AVENUE, DETROIT MI 48226
Tina V. John officer: General Counsel & Secretary C/O ROCKET COMPANIES, INC., 1050 WOODWARD AVENUE, DETROIT MI 48226
Daniel B Gilbert director, 10 percent owner 1050 WOODWARD AVENUE, DETROIT MI 48226
Rock Holdings Inc. director, 10 percent owner 1090 WOODWARD AVENUE, DETROIT MI 48226
Jennifer L. Gilbert director 1050 WOODWARD AVENUE, DETROIT MI 48226
Nancy Tellem director 1016 LAKE PARK DRIVE, BIRMINGHAM MI 48009
Suzanne F. Shank director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Julie Booth officer: Chief Fin. Officer & Treasurer 1050 WOODWARD AVENUE, DETROIT MI 48226
Angelo Vitale officer: General Counsel and Secretary 1050 WOODWARD AVENUE, DETROIT MI 48226
Walters Robert D. Jr. officer: President & Chief Oper Officer 1050 WOODWARD AVENUE, DETROIT MI 48226
Brian Nicholas Brown officer: Chief Accounting Officer 1050 WOODWARD AVENUE, DETROIT MI 48226