Rocket Companies
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 5.0b | 15.5b | 12.7b | 5.7b | 3.6b | 5.2b | 6.1b |
% growth | 22 % | 212 % | (18 %) | (55 %) | (36 %) | 43 % | 17 % |
Profit | 894m | 198m | 308m | 46.4m | (15.5m) | - | - |
% profit margin | 18 % | 1 % | 2 % | 1 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | - | ||
Total Funding | - |
Recent News about Rocket Companies
EditRocket Companies, based in Detroit, is a diversified financial services company focused on enabling homeownership and financial freedom. The company's flagship business, Rocket Mortgage, was founded by Dan Gilbert in 1985 and has since grown to become the largest retail mortgage lender in the United States. Rocket Mortgage has consistently ranked highest in client satisfaction among mortgage servicers by J.D. Power. The company serves a wide range of clients, from first-time homebuyers to seasoned real estate investors, offering a variety of mortgage products and services tailored to meet their needs.
Rocket Companies operates in the financial technology (FinTech) sector, leveraging proprietary technology to streamline the mortgage process, making it faster and more efficient. In addition to Rocket Mortgage, the company includes Amrock, a leading national provider of title insurance, property valuations, and settlement services. This ecosystem of businesses creates new opportunities for clients and contributes to the company's revenue streams.
Rocket Companies generates revenue primarily through the origination and servicing of mortgage loans. The company also earns income from title insurance, property valuations, and settlement services provided by Amrock. By integrating technology and innovative solutions, Rocket Companies aims to simplify the home buying process and provide exceptional client experiences.
Keywords: mortgage services, title insurance, financial solutions, homeownership, FinTech, proprietary technology, client satisfaction, mortgage origination, settlement services, property valuations.