Rocket Companies, Inc. (RKT)财务
NYSE · Financial Services · Financial - Mortgages · 员工23,500人 · CEO Varun Krishna
- 股价
- $12.80 +7.38%
- 市值
- $361亿
- 企业价值
- $584亿
- 最近财报
- Q3 '26 2026-10-30提交
- 下次财报
- 2027-02-25
营收(TTM)$112亿+80.6% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)28.9%+20.5 百分点 对比去年同期营业利润 $32.3亿
净利润(TTM)$13亿+1,376.5% 对比去年同期税后,含营业外收益
自由现金流(TTM)$11.6亿+207.9% 对比去年同期资本支出 $1.6亿
稀释EPS(TTM)$0.45+1,041.6% 对比去年同期最近4个季度之和
净现金-$222亿-35.2% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $361亿 EV $584亿
- 营收
- $112亿 过去12个月
- 营收增速
- +61% FY2026年一致预期
- 净利润率
- 11.7% 净利润 / 营收,TTM
- P/E
- 27.5× 预期 22.7×(FY2026)
- P/S
- 3.2× 股价 / 营收,TTM
- EV / EBITDA
- 15.3× TTM
- 自由现金流
- $11.6亿 过去12个月
- 净利润
- $13亿 过去12个月
- 营收预期
- $111亿 FY2026年一致预期
- 盈利
- 2027-02-25
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 营收增长放缓:同比83.5%Q3 '26营收$32.8亿,此前四个季度的平均值为101.4%。
- 营业利润率28.9%(TTM),较去年同期+20.5 百分点营收增长80.6%,营业利润增长520.3%。
- 税前利润的78.4%被营业外亏损吞噬税前利润$18.1亿,营业利润$32.3亿(TTM)。股权投资亏损等一次性项目压低了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的1.4%(去年为3.6%)最近4个季度投入$1.6亿(同比-27.7%)。自由现金流$11.6亿,相当于净利润的89.0%。
- 股东回报$200万 = 自由现金流的0.2%回购$0(去年为$0),股息$200万,股权激励$5.72亿(TTM)。
- 稀释股数一年内增加35.1%Q3 '26稀释股数28.5亿,一年前为21.1亿。
- 净债务 $222亿现金 + 短期投资 $27亿,含租赁债务 $249亿;一年前净债务 $164亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $32.8亿 | $17.9亿 | +83.5% |
| 毛利率 | 100.0% | 95.6% | +4.4 百分点 |
| 营业利润 | $13.2亿 | $4380万 | +2,908.4% |
| 营业利润率 | 40.1% | 2.4% | +37.7 百分点 |
| 净利润 | $7.09亿 | -$1.24亿 | +672.4% |
| 稀释EPS | $0.25 | -$0.06 | +525.2% |
| 经营现金流 | $19.1亿 | -$5030万 | +3,889.5% |
| 资本支出 | $4300万 | $2150万 | +99.9% |
| 自由现金流 | $18.6亿 | -$7180万 | +2,694.1% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $8200万 | $7160万 | +14.6% |
营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q1 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Direct To Customer Segment | $22.3亿 | +119.1% | 88.1% | $60亿 | +57.3% | |
| Partner Network Segment | $3亿 | +163.9% | 11.9% | $8.54亿 | +39.3% |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $13.2亿
- 资本支出
- -$1.6亿
- 股票回购
- $0
- 股息
- -$200万
- 收购
- -$22.4亿
- 债务净发行
- -$42亿
- 股权激励费用
- $5.72亿
- 自由现金流
- $11.6亿
- 股东回报 / FCF
- 0.2%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 27.5× | 25.8× 5年中的3年 | 5.9× – 53.6× |
| EV / EBITDA | 15.3× | 26.0× 5年中的4年 | 3.4× – 68.9× |
| EV / 营收 | 5.2× | 3.6× | 1.6× – 8.9× |
| 股价 / FCF | 31.2× | 12.5× 5年中的3年 | 0.1× – 37.3× |
| 股价 / 净资产 | 1.5× | 2.3× | 1.5× – 3.0× |
| FCF收益率 | 3.2% | 290.9% | -216.3% – 1,269.6% |
| 投入资本回报率 | 4.3% | 5.2% | -2.0% – 18.7% |
| 净资产收益率 | 5.5% | 11.2% | -2.5% – 46.3% |
分析师
一致目标价 $15.00 (+17.2%)
区间 $13.00 – $16.00 · 评级 Hold
强烈买入0
买入10
持有15
卖出3
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $111亿 | +61.3% | $0.56 | +2,148.5% | 22.7× | 7 |
| FY2027 | $106亿 | -4.6% | $0.67 | +18.3% | 19.2× | 9 |
| FY2028 | $115亿 | +9.1% | $0.83 | +24.8% | 15.4× | 5 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Rocket Companies, Inc.在近期10-Q / 10-K文件中标记的全部236项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable | $2.85亿2025-12-31 | $1.82亿 | +56.6% | $2.85亿 | $1.82亿 | +56.6% |
| Accounts Payable and Accrued Liabilities | $46.7亿 | – | – | – | – | – |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $7.88亿 | $6.69亿 | +17.8% | $6.95亿 | $6.2亿 | +12.1% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$172万2025-09-30 | $6万 | -2,965.0% | -$4.8万2024-12-31 | $5.2万 | -192.3% |
| Additional Paid in Capital | $230亿 | $88亿 | +160.9% | $228亿 | $3.89亿 | +5,754.5% |
| Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities | $12亿 | $7500万 | +1,494.7% | -$36.9亿 | -$32.7亿 | -13.1% |
| Amortization of Intangible Assets | – | – | – | $1.86亿 | $2400万 | +675.0% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $8900万 | $6500万 | +36.9% | $3.31亿 | $1.4亿 | +136.4% |
| Assets | $602亿 | $336亿 | +79.2% | $607亿 | $245亿 | +147.6% |
| Assets, Fair Value Disclosure | $352亿 | – | – | $359亿 | $173亿 | +108.2% |
| Cash and Cash Equivalents, at Carrying Value | $27亿 | $58.4亿 | -53.8% | $27亿 | $12.7亿 | +111.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $29.4亿 | $58.6亿 | -49.8% | $29.3亿 | $12.9亿 | +127.6% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$4.57亿 | $7.44亿 | -161.4% | $16.5亿 | $1.52亿 | +982.2% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $0 | $0 | – | -$1.65亿 | $6.06亿 | -127.2% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $7.02亿 | -$1.25亿 | +661.6% | -$6800万 | $2900万 | -334.5% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $7.02亿 | -$1.25亿 | +661.6% | -$2.33亿 | $6.35亿 | -136.7% |
| Contractually Specified Servicing Fees, Amount | $10.3亿 | $4.13亿 | +149.9% | $23.2亿 | $14.6亿 | +58.5% |
| Costs and Expenses | $23.3亿 | $18.8亿 | +23.7% | $69.1亿 | $44.3亿 | +55.9% |
| Current Federal Tax Expense (Benefit) | – | – | – | $500万 | $300万 | +66.7% |
| Current Income Tax Expense (Benefit) | – | – | – | $800万 | $300万 | +166.7% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $300万 | $0 | – |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $2300万 | $700万 | +228.6% |
| Deferred Income Tax Assets, Net | $1200万2025-12-31 | $5.22亿 | -97.7% | $1200万 | $5.22亿 | -97.7% |
| Deferred Income Tax Expense (Benefit) | – | – | – | $1200万 | $2900万 | -58.6% |
| Deferred Income Tax Liabilities, Net | $8.5亿2025-12-31 | $1800万 | +4,622.2% | $8.5亿 | $1800万 | +4,622.2% |
| Deferred Income Taxes and Tax Credits | $2.31亿 | -$6300万 | +466.7% | $1200万 | $2900万 | -58.6% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | -$1100万 | $2200万 | -150.0% |
| Deferred Tax Assets, Gross | $8200万2025-12-31 | $6.8亿 | -87.9% | $8200万 | $6.8亿 | -87.9% |
| Deferred Tax Assets, Investment in Subsidiaries | – | – | – | $4.64亿2024-12-31 | $4.85亿 | -4.2% |
| Deferred Tax Assets, Net | – | – | – | $5.04亿2024-12-31 | $5.35亿 | -5.7% |
| Deferred Tax Assets, Valuation Allowance | $7400万2025-12-31 | $1.58亿 | -53.2% | $7400万 | $1.58亿 | -53.2% |
| Deferred Tax Liabilities, Gross | $8.5亿2025-12-31 | $1800万 | +4,622.2% | $8.5亿 | $1800万 | +4,622.2% |
| Deferred Tax Liabilities, Investments | $13.5亿2025-12-31 | – | – | $13.5亿 | – | – |
| Deferred Tax Liabilities, Net | $8.38亿2025-12-31 | – | – | $8.38亿 | – | – |
| Deferred Tax Liabilities, Other | -$2000万2025-12-31 | $1300万 | -253.8% | -$2000万 | $1300万 | -253.8% |
| Defined Contribution Plan, Employer Discretionary Contribution Amount | – | – | – | $3300万 | $2500万 | +32.0% |
| Defined Contribution Plan, Employer Matching Contribution, Percent of Match | – | – | – | 50.0% | 50.0% | 0.0% |
| Depreciation, Depletion and Amortization | – | – | – | $1.04亿 | $8900万 | +16.9% |
| Depreciation, Depletion and Amortization, Nonproduction | $1.47亿 | $7900万 | +86.1% | $2.9亿 | $1.13亿 | +156.6% |
| Derivative Instruments Not Designated as Hedging Instruments, Asset, at Fair Value | $9.81亿 | $3.3亿 | +197.7% | $3.6亿 | $1.92亿 | +87.5% |
| Derivative Instruments Not Designated as Hedging Instruments, Liability, at Fair Value | $7.98亿 | $6520万 | +1,123.7% | $1.45亿 | $1100万 | +1,218.2% |
| Derivative, Collateral, Obligation to Return Cash | $2.62亿 | $847万 | +2,991.8% | $3000万 | $6300万 | -52.4% |
| Derivative, Collateral, Right to Reclaim Cash | $4.42亿 | $4850万 | +810.9% | $2.38亿 | $0 | – |
| Dilutive Securities, Effect on Basic Earnings Per Share, Dilutive Convertible Securities | $02026-03-31 | -$1.57亿 | +100.0% | $0 | $0 | – |
| Dilutive Securities, Effect on Basic Earnings Per Share, Options and Restrictive Stock Units | $02026-03-31 | -$100万 | +100.0% | $02024-12-31 | -$45.7万 | +100.0% |
| Earnings Per Share, Basic | $0.25 | -$0.06 | +516.7% | -$0.05 | $0.21 | -123.8% |
| Earnings Per Share, Diluted | $0.25 | -$0.06 | +516.7% | -$0.05 | $0.21 | -123.8% |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | -$900万 | -$100万 | -800.0% | $100万 | -$100万 | +200.0% |
| Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount | – | – | – | -$4500万 | – | – |
| Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | – | – | – | 21.0% | 21.0% | 0.0% |
| Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent | – | – | – | 1.7%2024-12-31 | -5.0% | +133.7% |
| Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount | – | – | – | $2400万 | – | – |
| Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent | – | – | – | -11.4% | – | – |
| Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Amount | – | – | – | -$200万 | – | – |
| Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent | – | – | – | 0.9% | – | – |
| Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Amount | – | – | – | -$2600万 | – | – |
| Effective Income Tax Rate Reconciliation, Noncontrolling Interest Income (Loss), Percent | – | – | – | 12.1% | 20.3% | -40.4% |
| Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount | – | – | – | $900万 | – | – |
| Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Percent | – | – | – | -4.2% | – | – |
| Effective Income Tax Rate Reconciliation, Nondeductible Expense, Percent | – | – | – | 1.2%2024-12-31 | -1.9% | +162.6% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
数据截至 2026-11-02