Rocket (MEX:RKT) 3-Year Revenue Growth Rate : -76.00% (As of Sep. 2024)

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What is Rocket 3-Year Revenue Growth Rate?

Rocket's Revenue per Share for the three months ended in Sep. 2024 was MXN5.98.

During the past 12 months, Rocket's average Revenue per Share Growth Rate was 496.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was -76.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was -53.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 7 years, the highest 3-Year average Revenue per Share Growth Rate of Rocket was 50.20% per year. The lowest was -76.00% per year. And the median was -53.45% per year.

Competitive Comparison of Rocket's 3-Year Revenue Growth Rate

For the Mortgage Finance subindustry, Rocket's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Rocket's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Rocket's 3-Year Revenue Growth Rate falls into.

Rocket 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Rocket (MEX:RKT) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Rocket 3-Year Revenue Growth Rate Related Terms

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Rocket Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Rocket Companies Inc (MEX:RKT) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

RKT:USA

Address

1050 Woodward Avenue, Detroit, MI, USA, 48226

Website

https://ir.rocketcompanies.com

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.