10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001805284-20-000032 |
| Period End Date | 20200930 |
| Filing Date | 20201112 |
| Fiscal Year | 2020 |
| Fiscal Period | Q3 |
| XBRL Instance | rkt-20200930_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
84 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Property and equipment, accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$428.54M | USD | Point-in-time |
| Property and equipment, accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$473.22M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$818.33M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.49B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.39B | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$61.15M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$65.59M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$85.35M | USD | Point-in-time |
| Mortgage loans held for sale, at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$13.28B | USD | Point-in-time |
| Mortgage loans held for sale, at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$21.68B | USD | Point-in-time |
| Mortgage servicing rights (MSRs), at fair value |
ServicingAssetAtFairValueAmount
|
$2.87B | USD | Point-in-time |
| Mortgage servicing rights (MSRs), at fair value |
ServicingAssetAtFairValueAmount
|
$3.18B | USD | Point-in-time |
| Mortgage servicing rights (MSRs), at fair value |
ServicingAssetAtFairValueAmount
|
$2.61B | USD | Point-in-time |
| Mortgage servicing rights (MSRs), at fair value |
ServicingAssetAtFairValueAmount
|
$2.29B | USD | Point-in-time |
| Mortgage servicing rights (MSRs), at fair value |
ServicingAssetAtFairValueAmount
|
$2.85B | USD | Point-in-time |
| Mortgage servicing rights (MSRs), at fair value |
ServicingAssetAtFairValueAmount
|
$2.53B | USD | Point-in-time |
| MSRs collateral for financing liability, at fair value |
MortgageServicingRightCollateralForFinancingLiabilityFairValue
|
$205.11M | USD | Point-in-time |
| MSRs collateral for financing liability, at fair value |
MortgageServicingRightCollateralForFinancingLiabilityFairValue
|
- | USD | Point-in-time |
| Notes receivable and due from affiliates |
DueFromRelatedParties
|
$89.94M | USD | Point-in-time |
| Notes receivable and due from affiliates |
DueFromRelatedParties
|
$13.07M | USD | Point-in-time |
| Property and equipment, net of accumulated depreciation and amortization of $473,218 and $428,540, respectively |
PropertyPlantAndEquipmentNet
|
$176.45M | USD | Point-in-time |
| Property and equipment, net of accumulated depreciation and amortization of $473,218 and $428,540, respectively |
PropertyPlantAndEquipmentNet
|
$208.03M | USD | Point-in-time |
| Deferred tax asset, net |
DeferredIncomeTaxAssetsNet
|
- | USD | Point-in-time |
| Deferred tax asset, net |
DeferredIncomeTaxAssetsNet
|
$542.44M | USD | Point-in-time |
| Lease right of use assets |
OperatingLeaseRightOfUseAsset
|
$278.92M | USD | Point-in-time |
| Lease right of use assets |
OperatingLeaseRightOfUseAsset
|
$241.51M | USD | Point-in-time |
| Loans subject to repurchase right from Ginnie Mae |
LoansSubjectToRepurchaseRightAsset
|
$5.55B | USD | Point-in-time |
| Loans subject to repurchase right from Ginnie Mae |
LoansSubjectToRepurchaseRightAsset
|
$752.44M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$501.59M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$736.80M | USD | Point-in-time |
| Total assets |
Assets
|
$20.12B | USD | Point-in-time |
| Total assets |
Assets
|
$37.75B | USD | Point-in-time |
| Funding facilities |
SecuredDebt
|
$19.09B | USD | Point-in-time |
| Funding facilities |
SecuredDebt
|
$12.04B | USD | Point-in-time |
| Lines of credit |
LineOfCredit
|
$165.00M | USD | Point-in-time |
| Lines of credit |
LineOfCredit
|
$374.97M | USD | Point-in-time |
| Senior Notes, net |
SeniorNotes
|
$2.23B | USD | Point-in-time |
| Senior Notes, net |
SeniorNotes
|
$4.22B | USD | Point-in-time |
| Early buy out facility |
OtherLongTermDebt
|
$196.25M | USD | Point-in-time |
| Early buy out facility |
OtherLongTermDebt
|
$213.34M | USD | Point-in-time |
| MSRs financing liability, at fair value |
MortgageServicingRightFinancingLiabilityFairValue
|
- | USD | Point-in-time |
| MSRs financing liability, at fair value |
MortgageServicingRightFinancingLiabilityFairValue
|
$189.99M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$157.40M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$252.55M | USD | Point-in-time |
| Lease liabilities |
OperatingLeaseLiability
|
$274.61M | USD | Point-in-time |
| Lease liabilities |
OperatingLeaseLiability
|
$314.35M | USD | Point-in-time |
| Forward commitments, at fair value |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
|
$43.79M | USD | Point-in-time |
| Forward commitments, at fair value |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
|
$238.00M | USD | Point-in-time |
| Investor reserves |
LoanRepresentationAndWarrantyReserve
|
$53.62M | USD | Point-in-time |
| Investor reserves |
LoanRepresentationAndWarrantyReserve
|
$55.24M | USD | Point-in-time |
| Investor reserves |
LoanRepresentationAndWarrantyReserve
|
$63.01M | USD | Point-in-time |
| Investor reserves |
LoanRepresentationAndWarrantyReserve
|
$56.94M | USD | Point-in-time |
| Investor reserves |
LoanRepresentationAndWarrantyReserve
|
$57.02M | USD | Point-in-time |
| Investor reserves |
LoanRepresentationAndWarrantyReserve
|
$54.39M | USD | Point-in-time |
| Notes payable and due to affiliates |
DueToRelatedPartiesCurrentAndNoncurrent
|
$72.90M | USD | Point-in-time |
| Notes payable and due to affiliates |
DueToRelatedPartiesCurrentAndNoncurrent
|
$62.23M | USD | Point-in-time |
| Tax receivable agreement liability |
TaxReceivableAgreementLiability
|
$558.14M | USD | Point-in-time |
| Tax receivable agreement liability |
TaxReceivableAgreementLiability
|
- | USD | Point-in-time |
| Loans subject to repurchase right from Ginnie Mae |
LoansSubjectToRepurchaseRightLiability
|
$752.44M | USD | Point-in-time |
| Loans subject to repurchase right from Ginnie Mae |
LoansSubjectToRepurchaseRightLiability
|
$5.55B | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$489.50M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$395.79M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$16.61B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$31.39B | USD | Point-in-time |
| Net parent investment |
NetParentInvestment
|
$3.51B | USD | Point-in-time |
| Net parent investment |
NetParentInvestment
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$272.81M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
- | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$57.57M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
- | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$288.00K | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-151.00K | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$5.01M | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$6.03B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.79B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.66B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.52B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.55B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.29B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.75B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.36B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.24B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$20.12B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$37.75B | USD | Point-in-time |
Income Statement
120 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$3.44B | USD | 1 Quarter |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$1.14B | USD | 1 Quarter |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$8.81B | USD | 3 Qtrs |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$2.24B | USD | 3 Qtrs |
| Fair value of originated MSRs |
MortgageServicingRightFairValueOnOrigination
|
$1.16B | USD | 3 Qtrs |
| Fair value of originated MSRs |
MortgageServicingRightFairValueOnOrigination
|
$2.04B | USD | 3 Qtrs |
| Fair value of originated MSRs |
MortgageServicingRightFairValueOnOrigination
|
$416.73M | USD | 1 Quarter |
| Fair value of originated MSRs |
MortgageServicingRightFairValueOnOrigination
|
$836.56M | USD | 1 Quarter |
| Gain on sale of loans, net |
GainLossOnSalesOfLoansNet
|
$3.40B | USD | 3 Qtrs |
| Gain on sale of loans, net |
GainLossOnSalesOfLoansNet
|
$10.86B | USD | 3 Qtrs |
| Gain on sale of loans, net |
GainLossOnSalesOfLoansNet
|
$1.56B | USD | 1 Quarter |
| Gain on sale of loans, net |
GainLossOnSalesOfLoansNet
|
$4.28B | USD | 1 Quarter |
| Servicing fee income |
ContractuallySpecifiedServicingFeesAmount
|
$236.23M | USD | 1 Quarter |
| Servicing fee income |
ContractuallySpecifiedServicingFeesAmount
|
$701.09M | USD | 3 Qtrs |
| Servicing fee income |
ContractuallySpecifiedServicingFeesAmount
|
$272.16M | USD | 1 Quarter |
| Servicing fee income |
ContractuallySpecifiedServicingFeesAmount
|
$779.09M | USD | 3 Qtrs |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$374.76M | USD | 1 Quarter |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$1.92B | USD | 3 Qtrs |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$1.46B | USD | 3 Qtrs |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$390.62M | USD | 1 Quarter |
| Loan servicing loss, net |
LoanServicingIncomeLoss
|
$-154.39M | USD | 1 Quarter |
| Loan servicing loss, net |
LoanServicingIncomeLoss
|
$-102.61M | USD | 1 Quarter |
| Loan servicing loss, net |
LoanServicingIncomeLoss
|
$-1.14B | USD | 3 Qtrs |
| Loan servicing loss, net |
LoanServicingIncomeLoss
|
$-763.49M | USD | 3 Qtrs |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$172.29M | USD | 3 Qtrs |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$231.97M | USD | 3 Qtrs |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$79.89M | USD | 1 Quarter |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$63.65M | USD | 1 Quarter |
| Interest expense on funding facilities |
InterestExpenseFundingFacilities
|
$34.42M | USD | 1 Quarter |
| Interest expense on funding facilities |
InterestExpenseFundingFacilities
|
$69.36M | USD | 1 Quarter |
| Interest expense on funding facilities |
InterestExpenseFundingFacilities
|
$90.47M | USD | 3 Qtrs |
| Interest expense on funding facilities |
InterestExpenseFundingFacilities
|
$162.58M | USD | 3 Qtrs |
| Interest income, net |
InterestIncomeExpenseNet
|
$81.82M | USD | 3 Qtrs |
| Interest income, net |
InterestIncomeExpenseNet
|
$69.39M | USD | 3 Qtrs |
| Interest income, net |
InterestIncomeExpenseNet
|
$10.53M | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNet
|
$29.23M | USD | 1 Quarter |
| Other income |
OtherIncome
|
$470.93M | USD | 3 Qtrs |
| Other income |
OtherIncome
|
$185.35M | USD | 1 Quarter |
| Other income |
OtherIncome
|
$445.76M | USD | 1 Quarter |
| Other income |
OtherIncome
|
$1.25B | USD | 3 Qtrs |
| Total revenue, net |
RevenuesNetOfInterestExpense
|
$11.04B | USD | 3 Qtrs |
| Total revenue, net |
RevenuesNetOfInterestExpense
|
$1.62B | USD | 1 Quarter |
| Total revenue, net |
RevenuesNetOfInterestExpense
|
$3.19B | USD | 3 Qtrs |
| Total revenue, net |
RevenuesNetOfInterestExpense
|
$4.63B | USD | 1 Quarter |
| Salaries, commissions and team member benefits |
LaborAndRelatedExpense
|
$2.35B | USD | 3 Qtrs |
| Salaries, commissions and team member benefits |
LaborAndRelatedExpense
|
$564.33M | USD | 1 Quarter |
| Salaries, commissions and team member benefits |
LaborAndRelatedExpense
|
$816.41M | USD | 1 Quarter |
| Salaries, commissions and team member benefits |
LaborAndRelatedExpense
|
$1.51B | USD | 3 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$280.70M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$491.00M | USD | 3 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$763.96M | USD | 3 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$159.06M | USD | 1 Quarter |
| Marketing and advertising expenses |
MarketingAndAdvertisingExpense
|
$670.75M | USD | 3 Qtrs |
| Marketing and advertising expenses |
MarketingAndAdvertisingExpense
|
$250.56M | USD | 1 Quarter |
| Marketing and advertising expenses |
MarketingAndAdvertisingExpense
|
$676.96M | USD | 3 Qtrs |
| Marketing and advertising expenses |
MarketingAndAdvertisingExpense
|
$240.30M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$15.33M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$47.63M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$57.17M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$21.38M | USD | 1 Quarter |
| Interest and amortization expense on non-funding debt |
InterestAndAmortizationExpenseNonFundingDebt
|
$99.22M | USD | 3 Qtrs |
| Interest and amortization expense on non-funding debt |
InterestAndAmortizationExpenseNonFundingDebt
|
$38.02M | USD | 1 Quarter |
| Interest and amortization expense on non-funding debt |
InterestAndAmortizationExpenseNonFundingDebt
|
$33.05M | USD | 1 Quarter |
| Interest and amortization expense on non-funding debt |
InterestAndAmortizationExpenseNonFundingDebt
|
$104.29M | USD | 3 Qtrs |
| Other expenses |
OtherNoninterestExpense
|
$176.04M | USD | 1 Quarter |
| Other expenses |
OtherNoninterestExpense
|
$452.71M | USD | 3 Qtrs |
| Other expenses |
OtherNoninterestExpense
|
$208.41M | USD | 3 Qtrs |
| Other expenses |
OtherNoninterestExpense
|
$102.55M | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$1.12B | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$1.58B | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$4.39B | USD | 3 Qtrs |
| Total expenses |
CostsAndExpenses
|
$3.04B | USD | 3 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$3.06B | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$499.75M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$147.25M | USD | 3 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$6.64B | USD | 3 Qtrs |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$4.29M | USD | 3 Qtrs |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$84.36M | USD | 3 Qtrs |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$61.68M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$5.12M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$494.63M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$6.56B | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$-298.77M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.00B | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$142.96M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$99.05M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.46B | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$-52.90M | USD | 1 Quarter |
| Net income attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$6.50B | USD | 3 Qtrs |
| Net income attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.94B | USD | 1 Quarter |
| Net income attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$142.96M | USD | 3 Qtrs |
| Net income attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$494.63M | USD | 1 Quarter |
| Net income attributable to Rocket Companies |
NetIncomeLoss
|
$57.90M | USD | 1 Quarter |
| Net income attributable to Rocket Companies |
NetIncomeLoss
|
- | USD | 1 Quarter |
| Net income attributable to Rocket Companies |
NetIncomeLoss
|
$57.90M | USD | 3 Qtrs |
| Net income attributable to Rocket Companies |
NetIncomeLoss
|
- | USD | 3 Qtrs |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.54 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.54 | USD | 3 Qtrs |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.54 | USD | 3 Qtrs |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.54 | USD | 1 Quarter |
| Basic (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
106.27M | shares | 3 Qtrs |
| Basic (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
106.27M | shares | 1 Quarter |
| Diluted (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
106.27M | shares | 1 Quarter |
| Diluted (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
106.27M | shares | 3 Qtrs |
| Net income attributable to Rocket Companies |
NetIncomeLoss
|
$57.90M | USD | 1 Quarter |
| Net income attributable to Rocket Companies |
NetIncomeLoss
|
- | USD | 1 Quarter |
| Net income attributable to Rocket Companies |
NetIncomeLoss
|
$57.90M | USD | 3 Qtrs |
| Net income attributable to Rocket Companies |
NetIncomeLoss
|
- | USD | 3 Qtrs |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
- | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$2.00K | USD | 3 Qtrs |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$2.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
- | USD | 3 Qtrs |
| Unrealized loss on investment securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
- | USD | 1 Quarter |
| Unrealized loss on investment securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-4.00K | USD | 1 Quarter |
| Unrealized loss on investment securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
- | USD | 3 Qtrs |
| Unrealized loss on investment securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-4.00K | USD | 3 Qtrs |
| Comprehensive income attributable to Rocket Companies |
ComprehensiveIncomeNetOfTax
|
- | USD | 3 Qtrs |
| Comprehensive income attributable to Rocket Companies |
ComprehensiveIncomeNetOfTax
|
$57.90M | USD | 1 Quarter |
| Comprehensive income attributable to Rocket Companies |
ComprehensiveIncomeNetOfTax
|
- | USD | 1 Quarter |
| Comprehensive income attributable to Rocket Companies |
ComprehensiveIncomeNetOfTax
|
$57.90M | USD | 3 Qtrs |
Cash Flow Statement
106 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$494.63M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$6.56B | USD | 3 Qtrs |
| Net income (loss) |
ProfitLoss
|
$-298.77M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$3.00B | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$142.96M | USD | 3 Qtrs |
| Net income (loss) |
ProfitLoss
|
$99.05M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$3.46B | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-52.90M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$15.33M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$47.63M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$57.17M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$21.38M | USD | 1 Quarter |
| Change in non-controlling interest |
ChangeInNoncontrollingInterest
|
- | USD | 3 Qtrs |
| Change in non-controlling interest |
ChangeInNoncontrollingInterest
|
- | USD | 3 Qtrs |
| Origination of mortgage servicing rights |
MortgageServicingRightFairValueOnOrigination
|
$1.16B | USD | 3 Qtrs |
| Origination of mortgage servicing rights |
MortgageServicingRightFairValueOnOrigination
|
$2.04B | USD | 3 Qtrs |
| Origination of mortgage servicing rights |
MortgageServicingRightFairValueOnOrigination
|
$416.73M | USD | 1 Quarter |
| Origination of mortgage servicing rights |
MortgageServicingRightFairValueOnOrigination
|
$836.56M | USD | 1 Quarter |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$374.76M | USD | 1 Quarter |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$1.92B | USD | 3 Qtrs |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$1.46B | USD | 3 Qtrs |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$390.62M | USD | 1 Quarter |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$3.44B | USD | 1 Quarter |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$1.14B | USD | 1 Quarter |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$8.81B | USD | 3 Qtrs |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$2.24B | USD | 3 Qtrs |
| Disbursements of mortgage loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$92.84B | USD | 3 Qtrs |
| Disbursements of mortgage loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$209.54B | USD | 3 Qtrs |
| Proceeds from sale of loans held for sale |
ProceedsFromSaleOfLoansHeldForSale
|
$88.69B | USD | 3 Qtrs |
| Proceeds from sale of loans held for sale |
ProceedsFromSaleOfLoansHeldForSale
|
$208.13B | USD | 3 Qtrs |
| Stock-based compensation expense |
ShareBasedCompensation
|
$93.56M | USD | 3 Qtrs |
| Stock-based compensation expense |
ShareBasedCompensation
|
$25.42M | USD | 3 Qtrs |
| Due from affiliates |
IncreaseDecreaseDueFromAffiliates
|
$3.65M | USD | 3 Qtrs |
| Due from affiliates |
IncreaseDecreaseDueFromAffiliates
|
$-16.35M | USD | 3 Qtrs |
| Deferred tax asset, net |
IncreaseDecreaseInDeferredIncomeTaxes
|
- | USD | 3 Qtrs |
| Deferred tax asset, net |
IncreaseDecreaseInDeferredIncomeTaxes
|
$-32.02M | USD | 3 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$232.63M | USD | 3 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$46.81M | USD | 3 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$70.19M | USD | 3 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$95.15M | USD | 3 Qtrs |
| Due to affiliates |
IncreaseDecreaseInDueToAffiliates
|
$10.66M | USD | 3 Qtrs |
| Due to affiliates |
IncreaseDecreaseInDueToAffiliates
|
$20.13M | USD | 3 Qtrs |
| Premium recapture and indemnification losses paid |
IncreaseDecreaseInPremiumsAndIndemnification
|
$-1.25M | USD | 3 Qtrs |
| Premium recapture and indemnification losses paid |
IncreaseDecreaseInPremiumsAndIndemnification
|
$-3.07M | USD | 3 Qtrs |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-68.00M | USD | 3 Qtrs |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$60.80M | USD | 3 Qtrs |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-6.04B | USD | 3 Qtrs |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-10.22B | USD | 3 Qtrs |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-5.90B | USD | 3 Qtrs |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-3.66B | USD | 3 Qtrs |
| Proceeds from sale of MSRs |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
$320.03M | USD | 3 Qtrs |
| Proceeds from sale of MSRs |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
- | USD | 3 Qtrs |
| Net decrease (increase) in notes receivable from affiliates |
RepaymentOfNotesReceivableFromRelatedParties
|
$60.52M | USD | 3 Qtrs |
| Net decrease (increase) in notes receivable from affiliates |
OriginationOfNotesReceivableFromRelatedParties
|
$1.24M | USD | 3 Qtrs |
| Decrease (increase) in mortgage loans held for investment |
ProceedsFromSaleOfLoansHeldForInvestment
|
$6.20M | USD | 3 Qtrs |
| Decrease (increase) in mortgage loans held for investment |
PaymentsToAcquireLoansHeldForInvestment
|
$15.02M | USD | 3 Qtrs |
| Net increase in investment securities |
PaymentsToAcquireTradingSecuritiesHeldforinvestment
|
- | USD | 3 Qtrs |
| Net increase in investment securities |
PaymentsToAcquireTradingSecuritiesHeldforinvestment
|
$2.50M | USD | 3 Qtrs |
| Purchase and other additions of property and equipment, net of disposals |
PaymentsToAcquirePropertyPlantAndEquipment
|
$73.19M | USD | 3 Qtrs |
| Purchase and other additions of property and equipment, net of disposals |
PaymentsToAcquirePropertyPlantAndEquipment
|
$37.38M | USD | 3 Qtrs |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$311.05M | USD | 3 Qtrs |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-53.64M | USD | 3 Qtrs |
| Net borrowings on funding facilities |
ProceedsFromIssuanceOfSecuredDebt
|
$7.05B | USD | 3 Qtrs |
| Net borrowings on funding facilities |
ProceedsFromIssuanceOfSecuredDebt
|
$5.43B | USD | 3 Qtrs |
| Net borrowings on lines of credit |
ProceedsFromLongTermLinesOfCredit
|
- | USD | 3 Qtrs |
| Net borrowings on lines of credit |
ProceedsFromLongTermLinesOfCredit
|
$209.97M | USD | 3 Qtrs |
| Net borrowings on senior notes, net |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
$2.00B | USD | 3 Qtrs |
| Net borrowings on senior notes, net |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
- | USD | 3 Qtrs |
| Net borrowings on early buy out facility |
ProceedsFromIssuanceOfOtherLongTermDebt
|
$17.09M | USD | 3 Qtrs |
| Net borrowings on early buy out facility |
ProceedsFromIssuanceOfOtherLongTermDebt
|
$119.78M | USD | 3 Qtrs |
| Net (payments) borrowings notes payable from unconsolidated affiliates |
RepaymentsOfRelatedPartyDebt
|
$9.46M | USD | 3 Qtrs |
| Net (payments) borrowings notes payable from unconsolidated affiliates |
ProceedsFromRelatedPartyDebt
|
$35.48M | USD | 3 Qtrs |
| Proceeds from MSRs financing liability |
ProceedsFromMortgageServingRightsFinancingLiability
|
$323.29M | USD | 3 Qtrs |
| Proceeds from MSRs financing liability |
ProceedsFromMortgageServingRightsFinancingLiability
|
$14.12M | USD | 3 Qtrs |
| Issuance of Class D Shares to RHI |
ProceedsFromIssuanceOfCommonStockToParent
|
$20.00K | USD | 3 Qtrs |
| Issuance of Class D Shares to RHI |
ProceedsFromIssuanceOfCommonStockToParent
|
- | USD | 3 Qtrs |
| Proceeds from Class A Shares Issued prior to Offering |
ProceedsFromIssuanceOfCommonStock
|
$6.71M | USD | 3 Qtrs |
| Proceeds from Class A Shares Issued prior to Offering |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 3 Qtrs |
| Proceeds received from IPO, net of cost |
ProceedsFromIssuanceInitialPublicOffering
|
- | USD | 3 Qtrs |
| Proceeds received from IPO, net of cost |
ProceedsFromIssuanceInitialPublicOffering
|
$1.74B | USD | 3 Qtrs |
| Proceeds received from Greenshoe option |
ProceedsFromIssuanceInitialPublicOfferingOverAllotment
|
- | USD | 3 Qtrs |
| Proceeds received from Greenshoe option |
ProceedsFromIssuanceInitialPublicOfferingOverAllotment
|
$263.93M | USD | 3 Qtrs |
| Use of Proceeds to Purchase Class D Shares and Holding Units from RHI |
PaymentsForRepurchaseOfCommonStock
|
$2.02B | USD | 3 Qtrs |
| Use of Proceeds to Purchase Class D Shares and Holding Units from RHI |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 3 Qtrs |
| Cash distributions to holding company |
PaymentsOfDistributionsToAffiliates
|
- | USD | 3 Qtrs |
| Cash distributions to holding company |
PaymentsOfDistributionsToAffiliates
|
$6.00M | USD | 3 Qtrs |
| Net transfers to Parent |
NetTransfersToParentFinancingActivities
|
$-3.80B | USD | 3 Qtrs |
| Net transfers to Parent |
NetTransfersToParentFinancingActivities
|
$-204.21M | USD | 3 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$5.47B | USD | 3 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$5.70B | USD | 3 Qtrs |
| Effects of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-630.00K | USD | 3 Qtrs |
| Effects of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$426.00K | USD | 3 Qtrs |
| Net increase (decrease) in cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-252.41M | USD | 3 Qtrs |
| Net increase (decrease) in cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$2.11B | USD | 3 Qtrs |
| Cash and cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.57B | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.46B | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$883.91M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.14B | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.57B | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.46B | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$883.91M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.14B | USD | Point-in-time |
| Loans transferred to other real estate owned |
TransferToOtherRealEstate
|
$960.00K | USD | 3 Qtrs |
| Loans transferred to other real estate owned |
TransferToOtherRealEstate
|
$2.31M | USD | 3 Qtrs |
| Cash paid for interest on related party borrowings |
InterestPaidRelatedPartyBorrowings
|
$3.40M | USD | 3 Qtrs |
| Cash paid for interest on related party borrowings |
InterestPaidRelatedPartyBorrowings
|
$2.13M | USD | 3 Qtrs |
Stockholders Equity
47 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.79B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.66B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.52B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.55B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.29B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.75B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.36B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.24B | USD | Point-in-time |
| Net income (loss) |
ProfitLoss
|
$494.63M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$6.56B | USD | 3 Qtrs |
| Net income (loss) |
ProfitLoss
|
$-298.77M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$3.00B | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$142.96M | USD | 3 Qtrs |
| Net income (loss) |
ProfitLoss
|
$99.05M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$3.46B | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-52.90M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$719.00K | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$542.00K | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$189.00K | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-1.76M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-304.00K | USD | 1 Quarter |
| Net transfers to Parent |
NetTransfersToParentEquityValue
|
$-8.57M | USD | 1 Quarter |
| Net transfers to Parent |
NetTransfersToParentEquityValue
|
$1.61B | USD | 1 Quarter |
| Net transfers to Parent |
NetTransfersToParentEquityValue
|
$212.78M | USD | 1 Quarter |
| Net transfers from Parent |
NetTransfersFromParentEquityValue
|
$21.92M | USD | 1 Quarter |
| Net transfers from Parent |
NetTransfersFromParentEquityValue
|
$-2.24B | USD | 1 Quarter |
| Effect of reorganization transactions |
StockholdersEquityEffectOfReorganizationTransactionsValue
|
$36.73M | USD | 1 Quarter |
| Distributions for state taxes on behalf of shareholders, net |
DistributionForStateTaxesForShareholders
|
$6.00M | USD | 1 Quarter |
| Use of proceeds to purchase Class D shares and Holding Units from RHI |
StockRepurchasedDuringPeriodValue
|
$2.02B | USD | 1 Quarter |
| Increase in controlling interest resulting from Greenshoe |
IncreaseInControllingInterestFromOverAllotmentOption
|
- | USD | 1 Quarter |
| Stock based compensation, net |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$8.46M | USD | 1 Quarter |
| Stock based compensation, net |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$29.06M | USD | 1 Quarter |
| Stock based compensation, net |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$8.46M | USD | 1 Quarter |
| Stock based compensation, net |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$31.25M | USD | 1 Quarter |
| Stock based compensation, net |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$8.51M | USD | 1 Quarter |
| Other equity adjustment |
StockholdersEquityOther
|
- | USD | 1 Quarter |
| Unrealized gain (loss) on investment securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-66.00K | USD | 1 Quarter |
| Unrealized gain (loss) on investment securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$7.09M | USD | 1 Quarter |
| Non-controlling interest attributed to dissolution |
NoncontrollingInterestDecreaseFromDeconsolidation
|
$884.00K | USD | 1 Quarter |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.79B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.66B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.52B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.55B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.29B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.75B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$6.36B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.24B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.