Rocket Companies annual gross margin
2018
2019
2020
2021
2022
2023
2024
Rocket Companies Gross Margin Growth & History (RKT)
Rocket Companies's gross margin was 45.34% for fiscal 2024.
View full Rocket Companies company overviewRocket Companies annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 45.34% | +10.94 pp |
| 2023 | 2023-12-31 | 34.41% | −10.11 pp |
| 2022 | 2022-12-31 | 44.52% | −19.41 pp |
| 2021 | 2021-12-31 | 63.93% | −6.76 pp |
| 2020 | 2020-12-31 | 70.69% | +29.32 pp |
| 2019 | 2019-12-31 | 41.37% | +1.66 pp |
| 2018 | 2018-12-31 | 39.71% | — |
Rocket Companies quarterly gross margin
Q2.19
Q3.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q4 2024 | 2024-12-31 | 58.88% | +37.31 pp |
| Q3 2024 | 2024-09-30 | −8.40% | −55.63 pp |
| Q2 2024 | 2024-06-30 | 47.40% | +1.21 pp |
| Q1 2024 | 2024-03-31 | 51.23% | +48.48 pp |
| Q4 2023 | 2023-12-31 | 21.57% | +45.09 pp |
| Q3 2023 | 2023-09-30 | 47.23% | +3.44 pp |
| Q2 2023 | 2023-06-30 | 46.19% | +4.32 pp |
| Q1 2023 | 2023-03-31 | 2.74% | −55.76 pp |
| Q4 2022 | 2022-12-31 | −23.52% | −80.05 pp |
| Q3 2022 | 2022-09-30 | 43.79% | −18.58 pp |
| Q2 2022 | 2022-06-30 | 41.86% | −15.35 pp |
| Q1 2022 | 2022-03-31 | 58.51% | −14.66 pp |
| Q4 2021 | 2021-12-31 | 56.53% | −15.99 pp |
| Q3 2021 | 2021-09-30 | 62.37% | −11.96 pp |
| Q2 2021 | 2021-06-30 | 57.22% | −18.73 pp |
| Q1 2021 | 2021-03-31 | 73.17% | +40.36 pp |
| Q4 2020 | 2020-12-31 | 72.52% | +25.26 pp |
| Q3 2020 | 2020-09-30 | 74.33% | +50.61 pp |
| Q2 2020 | 2020-06-30 | 75.94% | — |
| Q1 2020 | 2020-03-31 | 32.81% | — |
| Q3 2019 | 2019-09-30 | 47.26% | — |
| Q2 2019 | 2019-06-30 | 23.72% | — |
Rocket Companies gross margin trends
Over the last five reported fiscal years, Rocket Companies's gross margin increased from 41.37% to 45.34%, a change of +3.97 percentage points. The latest reported quarter, Q4 2024, shows 58.88%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Rocket Companies filings at SEC.gov ↗