Rocket Companies Inc (RKT) - Net Assets
Based on the latest financial reports, Rocket Companies Inc (RKT) has net assets worth $22.90 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($60.69 Billion) and total liabilities ($37.79 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Rocket Companies Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $22.90 Billion |
| % of Total Assets | 37.73% |
| Annual Growth Rate | 35.14% |
| 5-Year Change | 134.62% |
| 10-Year Change | N/A |
| Growth Volatility | 60.72 |
Rocket Companies Inc - Net Assets Trend (2018–2025)
This chart illustrates how Rocket Companies Inc's net assets have evolved over time, based on quarterly financial data. Also explore RKT asset base for the complete picture of this company's asset base.
Annual Net Assets for Rocket Companies Inc (2018–2025)
The table below shows the annual net assets of Rocket Companies Inc from 2018 to 2025. For live valuation and market cap data, see market cap of Rocket Companies Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $22.90 Billion | +153.20% |
| 2024-12-31 | $9.04 Billion | +8.93% |
| 2023-12-31 | $8.30 Billion | -2.05% |
| 2022-12-31 | $8.48 Billion | -13.16% |
| 2021-12-31 | $9.76 Billion | +23.82% |
| 2020-12-31 | $7.88 Billion | +125.02% |
| 2019-12-31 | $3.50 Billion | +25.96% |
| 2018-12-31 | $2.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rocket Companies Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 12400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $124.00 Million | 0.54% |
| Other Components | $22.77 Billion | 99.46% |
| Total Equity | $22.90 Billion | 100.00% |
Rocket Companies Inc Competitors by Market Cap
The table below lists competitors of Rocket Companies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Plains All American Pipeline LP
NASDAQ:PAA
|
$14.22 Billion |
|
Jde Peets Nv
AS:JDEP
|
$14.22 Billion |
|
Advanced Energy Industries Inc
NASDAQ:AEIS
|
$14.26 Billion |
|
Cholamandalam Investment and Finance Company Limited
NSE:CHOLAFIN
|
$14.26 Billion |
|
Huntington Ingalls Industries Inc
NYSE:HII
|
$14.20 Billion |
|
Zhen Ding Technology Holding Ltd
TW:4958
|
$14.19 Billion |
|
BE Semiconductor Industries NV
AS:BESI
|
$14.19 Billion |
|
Futu Holdings Limited
F:6FHA
|
$14.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rocket Companies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,043,380,000 to 22,898,000,000, a change of 13,854,620,000 (153.2%).
- Net loss of 68,000,000 reduced equity.
- New share issuances of 55,000,000 increased equity.
- Other comprehensive income increased equity by 48,000.
- Other factors increased equity by 13,867,572,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-68.00 Million | -0.3% |
| Share Issuances | $55.00 Million | +0.24% |
| Other Comprehensive Income | $48.00K | +0.0% |
| Other Changes | $13.87 Billion | +60.56% |
| Total Change | $- | 153.20% |
Book Value vs Market Value Analysis
This analysis compares Rocket Companies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.85x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.57x to 0.85x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $25.64 | $14.64 | x |
| 2019-12-31 | $32.30 | $14.64 | x |
| 2020-12-31 | $39.63 | $14.64 | x |
| 2021-12-31 | $49.06 | $14.64 | x |
| 2022-12-31 | $42.99 | $14.64 | x |
| 2023-12-31 | $41.92 | $14.64 | x |
| 2024-12-31 | $45.45 | $14.64 | x |
| 2025-12-31 | $17.32 | $14.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rocket Companies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.99%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 2.65x
- Recent ROE (-0.30%) is below the historical average (6.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 21.83% | 14.09% | 0.37x | 4.15x | $329.03 Million |
| 2019 | 25.51% | 17.17% | 0.26x | 5.73x | $543.46 Million |
| 2020 | 2.51% | 1.25% | 0.42x | 4.76x | $-590.26 Million |
| 2021 | 3.16% | 2.34% | 0.40x | 3.36x | $-667.74 Million |
| 2022 | 0.55% | 0.77% | 0.30x | 2.37x | $-801.13 Million |
| 2023 | -0.19% | -0.39% | 0.21x | 2.32x | $-845.68 Million |
| 2024 | 0.32% | 0.54% | 0.22x | 2.71x | $-874.97 Million |
| 2025 | -0.30% | -0.99% | 0.11x | 2.65x | $-2.36 Billion |
Industry Comparison
This section compares Rocket Companies Inc's net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $3,503,216,712
- Average return on equity (ROE) among peers: 11.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rocket Companies Inc (RKT) | $22.90 Billion | 21.83% | 1.65x | $14.21 Billion |
| Better Home & Finance Holding Company (BETR) | $15.42 Million | 64.09% | 22.39x | $472.18 Million |
| Better Home & Finance Holding Company (BETR) | $51.73 Million | 52.76% | 15.20x | $430.66 Million |
| Eastside Distilling, Inc. (BLNE) | $18.75 Million | -48.25% | 0.41x | $54.53 Million |
| CNFinance Holdings Ltd (CNF) | $3.05 Billion | 28.27% | 5.36x | $19.07 Million |
| Mr. Cooper Group Inc (COOP) | $28.50 Billion | -0.24% | 10.50x | $13.49 Billion |
| Greystone Housing Impact Investors LP (GHI) | $0.00 | 0.00% | 0.00x | $128.29 Million |
| Guild Holdings Co (GHLD) | $1.18 Billion | -3.30% | 2.11x | $1.25 Billion |
| Income Opportunity Realty Investors (IOR) | $73.53 Million | 2.50% | 0.59x | $72.78 Million |
| Loandepot Inc (LDI) | $375.88 Million | 9.16% | 12.18x | $198.44 Million |
| Onity Group Inc. (ONIT) | $1.76 Billion | 10.25% | 2.22x | $334.39 Million |
About Rocket Companies Inc
Rocket Companies, Inc., a fintech company, engages in the mortgage, real estate, and personal finance businesses in the United States and Canada. It operates in two segments, Direct to Consumer and Partner Network. The company offers Rocket Mortgage, a mortgage lender service; Redfin, a digital real estate brokerage and home search platform; Rocket Close, a digital experience for appraisal manage… Read more