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10-Q Filing

ROCKET COMPANIES, INC. CIK: 1805284 Q3 2023
Filing Information
Form Type 10-Q
Accession Number 0001805284-23-000093
Period End Date 20230930
Filing Date 20231109
Fiscal Year 2023
Fiscal Period Q3
XBRL Instance rkt-20230930_htm.xml
Filing Contents
Balance Sheet 70 line items
Line Item Tag Value Unit Period
Property and equipment, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $463.26M USD Point-in-time
Property and equipment, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $521.17M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $722.29M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $957.25M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $825.93M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $65.72M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $66.81M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $34.67M USD Point-in-time
Mortgage loans held for sale, at fair value MortgagesHeldForSaleFairValueDisclosure $8.01B USD Point-in-time
Mortgage loans held for sale, at fair value MortgagesHeldForSaleFairValueDisclosure $7.34B USD Point-in-time
Mortgage servicing rights (MSRs), at fair value ServicingAssetAtFairValueAmount $7.26B USD Point-in-time
Mortgage servicing rights (MSRs), at fair value ServicingAssetAtFairValueAmount $6.66B USD Point-in-time
Mortgage servicing rights (MSRs), at fair value ServicingAssetAtFairValueAmount $6.68B USD Point-in-time
Mortgage servicing rights (MSRs), at fair value ServicingAssetAtFairValueAmount $5.39B USD Point-in-time
Mortgage servicing rights (MSRs), at fair value ServicingAssetAtFairValueAmount $6.95B USD Point-in-time
Mortgage servicing rights (MSRs), at fair value ServicingAssetAtFairValueAmount $6.44B USD Point-in-time
Notes receivable and due from affiliates OtherReceivables $10.76M USD Point-in-time
Notes receivable and due from affiliates OtherReceivables $10.80M USD Point-in-time
Property and equipment, net of accumulated depreciation and amortization of $521,167 and $463,262, respectively PropertyPlantAndEquipmentNet $274.19M USD Point-in-time
Property and equipment, net of accumulated depreciation and amortization of $521,167 and $463,262, respectively PropertyPlantAndEquipmentNet $256.41M USD Point-in-time
Deferred tax asset, net DeferredIncomeTaxAssetsNet $537.96M USD Point-in-time
Deferred tax asset, net DeferredIncomeTaxAssetsNet $531.51M USD Point-in-time
Lease right of use assets OperatingLeaseRightOfUseAsset $355.41M USD Point-in-time
Lease right of use assets OperatingLeaseRightOfUseAsset $366.19M USD Point-in-time
Loans subject to repurchase right from Ginnie Mae LoansSubjectToRepurchaseRightAsset $1.38B USD Point-in-time
Loans subject to repurchase right from Ginnie Mae LoansSubjectToRepurchaseRightAsset $1.64B USD Point-in-time
Goodwill and intangible assets, net IntangibleAssetsNetIncludingGoodwill $1.24B USD Point-in-time
Goodwill and intangible assets, net IntangibleAssetsNetIncludingGoodwill $1.26B USD Point-in-time
Other assets OtherAssets $927.53M USD Point-in-time
Other assets OtherAssets $799.16M USD Point-in-time
Total assets Assets $20.65B USD Point-in-time
Total assets Assets $20.08B USD Point-in-time
Funding facilities SecuredDebt $4.67B USD Point-in-time
Funding facilities SecuredDebt $3.55B USD Point-in-time
Senior Notes, net SeniorNotes $4.03B USD Point-in-time
Senior Notes, net SeniorNotes $4.03B USD Point-in-time
Early buy out facility OtherLongTermDebt $672.88M USD Point-in-time
Early buy out facility OtherLongTermDebt $256.75M USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $116.33M USD Point-in-time
Accounts payable AccountsPayableCurrentAndNoncurrent $199.92M USD Point-in-time
Lease liabilities OperatingLeaseLiability $408.01M USD Point-in-time
Lease liabilities OperatingLeaseLiability $422.77M USD Point-in-time
Forward commitments, at fair value DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue $16.29M USD Point-in-time
Forward commitments, at fair value DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue $25.12M USD Point-in-time
Investor reserves LoanRepresentationAndWarrantyReserve $110.15M USD Point-in-time
Investor reserves LoanRepresentationAndWarrantyReserve $95.57M USD Point-in-time
Tax receivable agreement liability TaxReceivableAgreementLiability $613.69M USD Point-in-time
Tax receivable agreement liability TaxReceivableAgreementLiability $578.00M USD Point-in-time
Loans subject to repurchase right from Ginnie Mae LoansSubjectToRepurchaseRightLiability $1.64B USD Point-in-time
Loans subject to repurchase right from Ginnie Mae LoansSubjectToRepurchaseRightLiability $1.38B USD Point-in-time
Total liabilities Liabilities $12.14B USD Point-in-time
Total liabilities Liabilities $11.61B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $276.22M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $317.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $294.77M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $300.39M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $68.00K USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $69.00K USD Point-in-time
Non-controlling interest MinorityInterest $7.89B USD Point-in-time
Non-controlling interest MinorityInterest $7.90B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.91B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.11B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.76B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.48B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.70B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.51B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.77B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.36B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $20.08B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $20.65B USD Point-in-time
Income Statement 148 line items
Line Item Tag Value Unit Period
Gain on sale of loans excluding fair value of MSRs, net GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet $139.73M USD 1 Quarter
Gain on sale of loans excluding fair value of MSRs, net GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet $1.17B USD 3 Qtrs
Gain on sale of loans excluding fair value of MSRs, net GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet $241.50M USD 1 Quarter
Gain on sale of loans excluding fair value of MSRs, net GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet $786.13M USD 3 Qtrs
Fair value of originated MSRs MortgageServicingRightFairValueOnOrigination $1.68B USD 3 Qtrs
Fair value of originated MSRs MortgageServicingRightFairValueOnOrigination $330.63M USD 1 Quarter
Fair value of originated MSRs MortgageServicingRightFairValueOnOrigination $426.28M USD 1 Quarter
Fair value of originated MSRs MortgageServicingRightFairValueOnOrigination $850.03M USD 3 Qtrs
Gain on sale of loans, net GainLossOnSalesOfLoansNet $572.12M USD 1 Quarter
Gain on sale of loans, net GainLossOnSalesOfLoansNet $2.86B USD 3 Qtrs
Gain on sale of loans, net GainLossOnSalesOfLoansNet $566.01M USD 1 Quarter
Gain on sale of loans, net GainLossOnSalesOfLoansNet $1.64B USD 3 Qtrs
Servicing fee income ContractuallySpecifiedServicingFeesAmount $364.21M USD 1 Quarter
Servicing fee income ContractuallySpecifiedServicingFeesAmount $344.06M USD 1 Quarter
Servicing fee income ContractuallySpecifiedServicingFeesAmount $1.05B USD 3 Qtrs
Servicing fee income ContractuallySpecifiedServicingFeesAmount $1.09B USD 3 Qtrs
Change in fair value of MSRs MortgageServicingRightsMSRChangeInFairValue $-592.16M USD 3 Qtrs
Change in fair value of MSRs MortgageServicingRightsMSRChangeInFairValue $-12.77M USD 1 Quarter
Change in fair value of MSRs MortgageServicingRightsMSRChangeInFairValue $343.14M USD 3 Qtrs
Change in fair value of MSRs MortgageServicingRightsMSRChangeInFairValue $-150.30M USD 1 Quarter
Loan servicing income, net LoanServicingIncomeLoss $514.51M USD 1 Quarter
Loan servicing income, net LoanServicingIncomeLoss $356.83M USD 1 Quarter
Loan servicing income, net LoanServicingIncomeLoss $1.68B USD 3 Qtrs
Loan servicing income, net LoanServicingIncomeLoss $710.90M USD 3 Qtrs
Interest income InterestAndFeeIncomeLoansAndLeases $95.75M USD 1 Quarter
Interest income InterestAndFeeIncomeLoansAndLeases $241.37M USD 3 Qtrs
Interest income InterestAndFeeIncomeLoansAndLeases $93.87M USD 1 Quarter
Interest income InterestAndFeeIncomeLoansAndLeases $265.49M USD 3 Qtrs
Interest expense on funding facilities InterestExpenseFundingFacilities $55.92M USD 1 Quarter
Interest expense on funding facilities InterestExpenseFundingFacilities $46.17M USD 1 Quarter
Interest expense on funding facilities InterestExpenseFundingFacilities $130.58M USD 3 Qtrs
Interest expense on funding facilities InterestExpenseFundingFacilities $129.06M USD 3 Qtrs
Interest income, net InterestIncomeExpenseNet $37.94M USD 1 Quarter
Interest income, net InterestIncomeExpenseNet $134.91M USD 3 Qtrs
Interest income, net InterestIncomeExpenseNet $112.31M USD 3 Qtrs
Interest income, net InterestIncomeExpenseNet $49.58M USD 1 Quarter
Other income OtherIncome $164.58M USD 1 Quarter
Other income OtherIncome $646.10M USD 3 Qtrs
Other income OtherIncome $685.99M USD 3 Qtrs
Other income OtherIncome $236.28M USD 1 Quarter
Total revenue, net RevenuesNetOfInterestExpense $1.29B USD 1 Quarter
Total revenue, net RevenuesNetOfInterestExpense $3.11B USD 3 Qtrs
Total revenue, net RevenuesNetOfInterestExpense $5.36B USD 3 Qtrs
Total revenue, net RevenuesNetOfInterestExpense $1.20B USD 1 Quarter
Salaries, commissions and team member benefits LaborAndRelatedExpense $670.80M USD 1 Quarter
Salaries, commissions and team member benefits LaborAndRelatedExpense $1.77B USD 3 Qtrs
Salaries, commissions and team member benefits LaborAndRelatedExpense $589.58M USD 1 Quarter
Salaries, commissions and team member benefits LaborAndRelatedExpense $2.28B USD 3 Qtrs
General and administrative expenses GeneralAndAdministrativeExpense $595.21M USD 3 Qtrs
General and administrative expenses GeneralAndAdministrativeExpense $709.85M USD 3 Qtrs
General and administrative expenses GeneralAndAdministrativeExpense $204.29M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $199.40M USD 1 Quarter
Marketing and advertising expenses MarketingAndAdvertisingExpense $593.85M USD 3 Qtrs
Marketing and advertising expenses MarketingAndAdvertisingExpense $193.41M USD 1 Quarter
Marketing and advertising expenses MarketingAndAdvertisingExpense $210.70M USD 1 Quarter
Marketing and advertising expenses MarketingAndAdvertisingExpense $770.28M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $70.03M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $83.68M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $24.21M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $27.64M USD 1 Quarter
Interest and amortization expense on non-funding debt InterestAndAmortizationExpenseNonFundingDebt $38.32M USD 1 Quarter
Interest and amortization expense on non-funding debt InterestAndAmortizationExpenseNonFundingDebt $115.02M USD 3 Qtrs
Interest and amortization expense on non-funding debt InterestAndAmortizationExpenseNonFundingDebt $38.35M USD 1 Quarter
Interest and amortization expense on non-funding debt InterestAndAmortizationExpenseNonFundingDebt $115.26M USD 3 Qtrs
Other expenses OtherNoninterestExpense $166.10M USD 3 Qtrs
Other expenses OtherNoninterestExpense $37.16M USD 1 Quarter
Other expenses OtherNoninterestExpense $105.19M USD 3 Qtrs
Other expenses OtherNoninterestExpense $40.01M USD 1 Quarter
Total expenses CostsAndExpenses $3.27B USD 3 Qtrs
Total expenses CostsAndExpenses $1.09B USD 1 Quarter
Total expenses CostsAndExpenses $4.11B USD 3 Qtrs
Total expenses CostsAndExpenses $1.19B USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $117.62M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-159.99M USD 3 Qtrs
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $106.36M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.25B USD 3 Qtrs
(Provision for) benefit from income taxes IncomeTaxExpenseBenefit $2.68M USD 1 Quarter
(Provision for) benefit from income taxes IncomeTaxExpenseBenefit $10.13M USD 1 Quarter
(Provision for) benefit from income taxes IncomeTaxExpenseBenefit $-2.61M USD 3 Qtrs
(Provision for) benefit from income taxes IncomeTaxExpenseBenefit $54.74M USD 3 Qtrs
Net income (loss) ProfitLoss $59.76M USD 1 Quarter
Net income (loss) ProfitLoss $96.22M USD 1 Quarter
Net income (loss) ProfitLoss $-157.39M USD 3 Qtrs
Net income (loss) ProfitLoss $-411.48M USD 1 Quarter
Net income (loss) ProfitLoss $139.15M USD 1 Quarter
Net income (loss) ProfitLoss $114.94M USD 1 Quarter
Net income (loss) ProfitLoss $1.04B USD 1 Quarter
Net income (loss) ProfitLoss $1.19B USD 3 Qtrs
Net (income) loss attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $89.31M USD 1 Quarter
Net (income) loss attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $108.74M USD 1 Quarter
Net (income) loss attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $1.13B USD 3 Qtrs
Net (income) loss attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $-152.51M USD 3 Qtrs
Net income (loss) attributable to Rocket Companies NetIncomeLoss $6.91M USD 1 Quarter
Net income (loss) attributable to Rocket Companies NetIncomeLoss $-4.88M USD 3 Qtrs
Net income (loss) attributable to Rocket Companies NetIncomeLoss $64.04M USD 3 Qtrs
Net income (loss) attributable to Rocket Companies NetIncomeLoss $6.21M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.05 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.04 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.06 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.53 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.47 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.04 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.04 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.06 USD 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 129.39M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 120.16M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 126.97M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 119.02M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.98B shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.97B shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.98B shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.97B shares 1 Quarter
Net income (loss) ProfitLoss $59.76M USD 1 Quarter
Net income (loss) ProfitLoss $96.22M USD 1 Quarter
Net income (loss) ProfitLoss $-157.39M USD 3 Qtrs
Net income (loss) ProfitLoss $-411.48M USD 1 Quarter
Net income (loss) ProfitLoss $139.15M USD 1 Quarter
Net income (loss) ProfitLoss $114.94M USD 1 Quarter
Net income (loss) ProfitLoss $1.04B USD 1 Quarter
Net income (loss) ProfitLoss $1.19B USD 3 Qtrs
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-159.00K USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $7.00K USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $588.00K USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-990.00K USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $12.00K USD 3 Qtrs
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.08M USD 3 Qtrs
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $164.00K USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-679.00K USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-1.50M USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-1.59M USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $516.00K USD 3 Qtrs
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $1.59M USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-259.00K USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $2.27M USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.19B USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $97.50M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $115.11M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-157.37M USD 3 Qtrs
Comprehensive (income) loss attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-152.50M USD 3 Qtrs
Comprehensive (income) loss attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $90.51M USD 1 Quarter
Comprehensive (income) loss attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $108.89M USD 1 Quarter
Comprehensive (income) loss attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.13B USD 3 Qtrs
Comprehensive income (loss) attributable to Rocket Companies ComprehensiveIncomeNetOfTax $-4.88M USD 3 Qtrs
Comprehensive income (loss) attributable to Rocket Companies ComprehensiveIncomeNetOfTax $6.99M USD 1 Quarter
Comprehensive income (loss) attributable to Rocket Companies ComprehensiveIncomeNetOfTax $6.22M USD 1 Quarter
Comprehensive income (loss) attributable to Rocket Companies ComprehensiveIncomeNetOfTax $64.01M USD 3 Qtrs
Cash Flow Statement 92 line items
Line Item Tag Value Unit Period
Net (loss) income ProfitLoss $59.76M USD 1 Quarter
Net (loss) income ProfitLoss $96.22M USD 1 Quarter
Net (loss) income ProfitLoss $-157.39M USD 3 Qtrs
Net (loss) income ProfitLoss $-411.48M USD 1 Quarter
Net (loss) income ProfitLoss $139.15M USD 1 Quarter
Net (loss) income ProfitLoss $114.94M USD 1 Quarter
Net (loss) income ProfitLoss $1.04B USD 1 Quarter
Net (loss) income ProfitLoss $1.19B USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $70.03M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $83.68M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $24.21M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $27.64M USD 1 Quarter
(Benefit from) provision for deferred income taxes DeferredIncomeTaxesAndTaxCredits $35.77M USD 3 Qtrs
(Benefit from) provision for deferred income taxes DeferredIncomeTaxesAndTaxCredits $-3.59M USD 3 Qtrs
Fair value of originated MSRs MortgageServicingRightFairValueOnOrigination $1.68B USD 3 Qtrs
Fair value of originated MSRs MortgageServicingRightFairValueOnOrigination $330.63M USD 1 Quarter
Fair value of originated MSRs MortgageServicingRightFairValueOnOrigination $426.28M USD 1 Quarter
Fair value of originated MSRs MortgageServicingRightFairValueOnOrigination $850.03M USD 3 Qtrs
Change in fair value of MSRs, net MortgageServicingRightsMSRImpairmentRecovery $321.87M USD 3 Qtrs
Change in fair value of MSRs, net MortgageServicingRightsMSRImpairmentRecovery $-683.00M USD 3 Qtrs
Gain on sale of loans excluding fair value of MSRs, net GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet $139.73M USD 1 Quarter
Gain on sale of loans excluding fair value of MSRs, net GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet $1.17B USD 3 Qtrs
Gain on sale of loans excluding fair value of MSRs, net GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet $241.50M USD 1 Quarter
Gain on sale of loans excluding fair value of MSRs, net GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet $786.13M USD 3 Qtrs
Disbursements of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $61.00B USD 3 Qtrs
Disbursements of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $115.27B USD 3 Qtrs
Proceeds from sale of loans held for sale ProceedsFromSaleOfLoansHeldForSale $60.95B USD 3 Qtrs
Proceeds from sale of loans held for sale ProceedsFromSaleOfLoansHeldForSale $126.61B USD 3 Qtrs
Share-based compensation expense ShareBasedCompensation $144.75M USD 3 Qtrs
Share-based compensation expense ShareBasedCompensation $168.38M USD 3 Qtrs
Due from affiliates IncreaseDecreaseDueFromAffiliates $-36.00K USD 3 Qtrs
Due from affiliates IncreaseDecreaseDueFromAffiliates $1.43M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-134.65M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $128.04M USD 3 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $83.59M USD 3 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $-67.71M USD 3 Qtrs
Due to affiliates IncreaseDecreaseInDueToAffiliates $-4.44M USD 3 Qtrs
Due to affiliates IncreaseDecreaseInDueToAffiliates $-3.25M USD 3 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $272.31M USD 3 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $63.43M USD 3 Qtrs
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-1.13B USD 3 Qtrs
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $8.41B USD 3 Qtrs
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-1.28B USD 3 Qtrs
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $9.60B USD 3 Qtrs
Proceeds from sale of MSRs ProceedsFromSaleOfMortgageServicingRightsMSR $473.97M USD 3 Qtrs
Proceeds from sale of MSRs ProceedsFromSaleOfMortgageServicingRightsMSR $897.89M USD 3 Qtrs
Net purchase of MSRs PaymentsNetOfReturnsToAcquireMortgageServicingRights $106.39M USD 3 Qtrs
Net purchase of MSRs PaymentsNetOfReturnsToAcquireMortgageServicingRights $18.64M USD 3 Qtrs
Decrease in mortgage loans held for investment ProceedsFromSaleOfLoansHeldForInvestment $7.33M USD 3 Qtrs
Decrease in mortgage loans held for investment ProceedsFromSaleOfLoansHeldForInvestment $14.80M USD 3 Qtrs
Purchases of investment securities, available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $5.47M USD 3 Qtrs
Purchases of investment securities, available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt - USD 3 Qtrs
Sales of investment securities, available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt - USD 3 Qtrs
Sales of investment securities, available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $6.48M USD 3 Qtrs
Purchase and other additions of property and equipment, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $60.88M USD 3 Qtrs
Purchase and other additions of property and equipment, net of disposals PaymentsToAcquirePropertyPlantAndEquipment $87.96M USD 3 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $382.17M USD 3 Qtrs
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $738.96M USD 3 Qtrs
Net borrowings (payments) on funding facilities ProceedsFromIssuanceOfSecuredDebt $1.12B USD 3 Qtrs
Net borrowings (payments) on funding facilities RepaymentsOfSecuredDebt $7.84B USD 3 Qtrs
Net payments on lines of credit RepaymentsOfLongTermLinesOfCredit - USD 3 Qtrs
Net payments on lines of credit RepaymentsOfLongTermLinesOfCredit $75.00M USD 3 Qtrs
Net payments on early buy out facility RepaymentsOfOtherLongTermDebt $1.08B USD 3 Qtrs
Net payments on early buy out facility RepaymentsOfOtherLongTermDebt $416.13M USD 3 Qtrs
Net borrowings on notes payable from unconsolidated affiliates ProceedsFromRelatedPartyDebt $1.26M USD 3 Qtrs
Net borrowings on notes payable from unconsolidated affiliates ProceedsFromRelatedPartyDebt $536.00K USD 3 Qtrs
Stock issuance ProceedsFromIssuanceOfCommonStock $31.32M USD 3 Qtrs
Stock issuance ProceedsFromIssuanceOfCommonStock $19.48M USD 3 Qtrs
Share repurchase PaymentsForRepurchaseOfCommonStock - USD 3 Qtrs
Share repurchase PaymentsForRepurchaseOfCommonStock $166.00M USD 3 Qtrs
Taxes withheld on employees' restricted share award vesting PaymentsRelatedToTaxWithholdingForShareBasedCompensation $29.70M USD 3 Qtrs
Taxes withheld on employees' restricted share award vesting PaymentsRelatedToTaxWithholdingForShareBasedCompensation $31.54M USD 3 Qtrs
Contributions (distributions) to other unit holders (members of Holdings) ContributionsFromDistributionsToOtherUnitHoldersMembers $2.14B USD 3 Qtrs
Contributions (distributions) to other unit holders (members of Holdings) ContributionsFromDistributionsToOtherUnitHoldersMembers $-51.53M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $747.41M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-11.31B USD 3 Qtrs
Effects of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-1.08M USD 3 Qtrs
Effects of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.00K USD 3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $202.82M USD 3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.32B USD 3 Qtrs
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $991.92M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $789.10M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $891.64M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.21B USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $991.92M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $789.10M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $891.64M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.21B USD Point-in-time
Loans transferred to other real estate owned TransferToOtherRealEstate $2.01M USD 3 Qtrs
Loans transferred to other real estate owned TransferToOtherRealEstate $1.07M USD 3 Qtrs
Cash paid for interest on related party borrowings InterestPaidRelatedPartyBorrowings $4.06M USD 3 Qtrs
Cash paid for interest on related party borrowings InterestPaidRelatedPartyBorrowings $7.98M USD 3 Qtrs
Stockholders Equity 81 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.91B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.11B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.76B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.48B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.70B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.51B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.77B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.36B USD Point-in-time
Net income (loss) ProfitLoss $59.76M USD 1 Quarter
Net income (loss) ProfitLoss $96.22M USD 1 Quarter
Net income (loss) ProfitLoss $-157.39M USD 3 Qtrs
Net income (loss) ProfitLoss $-411.48M USD 1 Quarter
Net income (loss) ProfitLoss $139.15M USD 1 Quarter
Net income (loss) ProfitLoss $114.94M USD 1 Quarter
Net income (loss) ProfitLoss $1.04B USD 1 Quarter
Net income (loss) ProfitLoss $1.19B USD 3 Qtrs
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-159.00K USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $7.00K USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $588.00K USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-990.00K USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $12.00K USD 3 Qtrs
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.08M USD 3 Qtrs
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $164.00K USD 1 Quarter
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-679.00K USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-1.50M USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-1.59M USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $516.00K USD 3 Qtrs
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $1.59M USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-259.00K USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $2.27M USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD 1 Quarter
Unrealized gain on investment securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD 3 Qtrs
Share-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $55.27M USD 1 Quarter
Share-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $49.39M USD 1 Quarter
Share-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $54.69M USD 1 Quarter
Share-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $53.38M USD 1 Quarter
Share-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $50.81M USD 1 Quarter
Share-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $40.88M USD 1 Quarter
Distributions for state taxes on behalf of unit holders (members), net DistributionsOnBehalfOfUnitHoldersStateTaxes $6.45M USD 1 Quarter
Distributions for state taxes on behalf of unit holders (members), net DistributionsOnBehalfOfUnitHoldersStateTaxes $35.71M USD 1 Quarter
Distributions for state taxes on behalf of unit holders (members), net DistributionsOnBehalfOfUnitHoldersStateTaxes $-9.30M USD 1 Quarter
Distributions for state taxes on behalf of unit holders (members), net DistributionsOnBehalfOfUnitHoldersStateTaxes $-117.00K USD 1 Quarter
Contributions from unit holders (members) to subsidiary investment, net NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $24.71M USD 1 Quarter
Contributions from unit holders (members) to subsidiary investment, net NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $61.38M USD 1 Quarter
Distributions to unit holders (members) from subsidiary investment, net MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.86B USD 1 Quarter
Special Dividend to Class A Shareholders, net of forfeitures DividendsCommonStockCashReturnOfCapital $85.00K USD 1 Quarter
Special Dividend to Class A Shareholders, net of forfeitures DividendsCommonStockCashReturnOfCapital $-370.00K USD 1 Quarter
Special Dividend to Class A Shareholders, net of forfeitures DividendsCommonStockCashReturnOfCapital $155.58M USD 1 Quarter
Special Dividend to Class A Shareholders, net of forfeitures DividendsCommonStockCashReturnOfCapital $-1.33M USD 1 Quarter
Special Dividend to Class A Shareholders, net of forfeitures DividendsCommonStockCashReturnOfCapital $-1.28M USD 1 Quarter
Special Dividend to Class A Shareholders, net of forfeitures DividendsCommonStockCashReturnOfCapital $-708.00K USD 1 Quarter
Taxes withheld on employees' restricted share award vesting AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $19.45M USD 1 Quarter
Taxes withheld on employees' restricted share award vesting AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $3.26M USD 1 Quarter
Taxes withheld on employees' restricted share award vesting AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $6.99M USD 1 Quarter
Taxes withheld on employees' restricted share award vesting AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $2.84M USD 1 Quarter
Taxes withheld on employees' restricted share award vesting AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $27.40M USD 1 Quarter
Taxes withheld on employees' restricted share award vesting AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $1.30M USD 1 Quarter
Issuance of Class A common Shares under stock compensation and benefit plans StockIssuedDuringPeriodValueStockCompensationAndEmployeeBenefitPlan $7.25M USD 1 Quarter
Issuance of Class A common Shares under stock compensation and benefit plans StockIssuedDuringPeriodValueStockCompensationAndEmployeeBenefitPlan $13.67M USD 1 Quarter
Issuance of Class A common Shares under stock compensation and benefit plans StockIssuedDuringPeriodValueStockCompensationAndEmployeeBenefitPlan $13.68M USD 1 Quarter
Issuance of Class A common Shares under stock compensation and benefit plans StockIssuedDuringPeriodValueStockCompensationAndEmployeeBenefitPlan $8.78M USD 1 Quarter
Issuance of Class A common Shares under stock compensation and benefit plans StockIssuedDuringPeriodValueStockCompensationAndEmployeeBenefitPlan $8.35M USD 1 Quarter
Issuance of Class A common Shares under stock compensation and benefit plans StockIssuedDuringPeriodValueStockCompensationAndEmployeeBenefitPlan $7.27M USD 1 Quarter
Repurchase of Class A common shares (in shares) StockRepurchasedDuringPeriodShares 0.00 shares 3 Qtrs
Repurchase of Class A common Shares StockRepurchasedDuringPeriodValue $100.16M USD 1 Quarter
Repurchase of Class A common Shares StockRepurchasedDuringPeriodValue $20.56M USD 1 Quarter
Repurchase of Class A common Shares StockRepurchasedDuringPeriodValue $45.28M USD 1 Quarter
Change in controlling interest of investment, net StockExchangedDuringThePeriodIncreaseDecreaseNetOfTaxAndTaxReceivableAgreementLiabilityAmount $-12.39M USD 1 Quarter
Change in controlling interest of investment, net StockExchangedDuringThePeriodIncreaseDecreaseNetOfTaxAndTaxReceivableAgreementLiabilityAmount $-1.13M USD 1 Quarter
Change in controlling interest of investment, net StockExchangedDuringThePeriodIncreaseDecreaseNetOfTaxAndTaxReceivableAgreementLiabilityAmount $-4.08M USD 1 Quarter
Change in controlling interest of investment, net StockExchangedDuringThePeriodIncreaseDecreaseNetOfTaxAndTaxReceivableAgreementLiabilityAmount $-4.70M USD 1 Quarter
Change in controlling interest of investment, net StockExchangedDuringThePeriodIncreaseDecreaseNetOfTaxAndTaxReceivableAgreementLiabilityAmount $-8.46M USD 1 Quarter
Change in controlling interest of investment, net StockExchangedDuringThePeriodIncreaseDecreaseNetOfTaxAndTaxReceivableAgreementLiabilityAmount $-3.03M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.91B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.11B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.76B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.48B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.70B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.51B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.77B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.36B USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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