Rocket Income Before Tax from 2010 to 2024

RKT Stock  USD 14.06  0.51  3.50%   
Rocket Companies Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Rocket Companies Income Before Tax quarterly data regression had r-value of  0.11 and coefficient of variation of  142.33. View All Fundamentals
 
Income Before Tax  
First Reported
2019-03-31
Previous Quarter
192 M
Current Value
-497.3 M
Quarterly Volatility
1.2 B
 
Covid
Check Rocket Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rocket Companies' main balance sheet or income statement drivers, such as Interest Income of 286.6 M, Interest Expense of 279.4 M or Selling General Administrative of 3.4 B, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 1.81 or PTB Ratio of 1.76. Rocket financial statements analysis is a perfect complement when working with Rocket Companies Valuation or Volatility modules.
  
Check out the analysis of Rocket Companies Correlation against competitors.
For more information on how to buy Rocket Stock please use our How to Invest in Rocket Companies guide.

Latest Rocket Companies' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Rocket Companies over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Rocket Companies income statement and is an important metric when analyzing Rocket Companies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Rocket Companies' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rocket Companies' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Rocket Income Before Tax Regression Statistics

Arithmetic Mean1,827,101,190
Geometric Mean1,229,504,346
Coefficient Of Variation142.33
Mean Deviation1,608,314,083
Median1,271,183,000
Standard Deviation2,600,501,545
Sample Variance6762608.3T
Range9.9B
R-Value0.11
Mean Square Error7191586.8T
R-Squared0.01
Significance0.69
Slope65,079,286
Total Sum of Squares94676516T

Rocket Income Before Tax History

2024-382.8 M
2023-402.9 M
2022741.9 M
20216.2 B
20209.5 B
2019898.4 M
2018618.1 M

About Rocket Companies Financial Statements

Rocket Companies shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Rocket Companies investors may analyze each financial statement separately, they are all interrelated. The changes in Rocket Companies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Rocket Companies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax-402.9 M-382.8 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Rocket Stock Analysis

When running Rocket Companies' price analysis, check to measure Rocket Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rocket Companies is operating at the current time. Most of Rocket Companies' value examination focuses on studying past and present price action to predict the probability of Rocket Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocket Companies' price. Additionally, you may evaluate how the addition of Rocket Companies to your portfolios can decrease your overall portfolio volatility.