Rocket Companies, Inc.
Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and e-Commerce businesses in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage,…
Financial - Mortgages
US, Detroit [HQ]
Cash Flow Statements
7 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Cash Flow (OCF) | -242.00 | 1,431.00 | -6,959.00 | -1,677.00 | 7,743.00 | 10,823.00 | 110.00 | |
| Operating Cash (Net) | -242.00 | 1,431.00 | -6,959.00 | -1,677.00 | 7,743.00 | 10,823.00 | 110.00 | |
| Accounts Receivable | 43.00 | 5.00 | -262.00 | 7.00 | 12.00 | -1.00 | -8.00 | |
| Accounts Payable | -10.00 | -49.00 | 64.00 | 94.00 | 11.00 | -155.00 | 55.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | |
| Change | 145.00 | -113.00 | -292.00 | -138.00 | 136.00 | -452.00 | -173.00 | |
| Other WC | -1.00 | - - | - - | -233.00 | 125.00 | -297.00 | -219.00 | |
| Investing Activities | ||||||||
| Used Cash (Net) | -88.00 | -94.00 | 71.00 | 517.00 | -664.00 | 578.00 | 861.00 | |
| Capital Expenditure | -67.00 | -64.00 | -48.00 | -106.00 | -302.00 | -107.00 | -60.00 | |
| Purchases of Investments | - - | -28.00 | -18.00 | -2.00 | -39.00 | -14.00 | -106.00 | |
| Sale/Maturity of Investment | 2.00 | 27.00 | 136.00 | 565.00 | 184.00 | 2.00 | 1,028.00 | |
| Property, Plant, Equipment (P&PE) | -67.00 | -64.00 | -48.00 | -106.00 | -302.00 | -107.00 | -60.00 | |
| Acquisitions (Net) | -22.00 | -28.00 | 18.00 | -565.00 | -1,234.00 | 14.00 | -860.00 | |
| Other Investing Activities | 1.00 | -1.00 | -16.00 | 626.00 | 727.00 | 684.00 | 860.00 | |
| Financing Activities | ||||||||
| Used Cash (Net) | -992.00 | -1,672.00 | -7,197.00 | -1,757.00 | -6,921.00 | -12,823.00 | -623.00 | |
| Debt Repayment | -3,132.00 | -1,054.00 | -2,709.00 | -1,295.00 | -6,313.00 | -10,501.00 | -650.00 | |
| Dividends Paid | - - | - - | - - | - - | - - | - - | - - | |
|
Common Stock
|
- - | - - | - - | 3,774 | 273 | 215 | 124 | |
| Issued | - - | - - | - - | 1,750.00 | 41.00 | 37.00 | 77.00 | |
| Repurchased | - - | - - | - - | -2,023.00 | -231.00 | -177.00 | -47.00 | |
| Other Financing Activities | 992.00 | -618.00 | 9,907.00 | 4,700.00 | 3,149.00 | -2,043.00 | -50.00 | |
| Cash Balances | ||||||||
| Begin of Period | 782.00 | 1,473.00 | 1,101.00 | 1,455.00 | 2,054.00 | 2,211.00 | 789.00 | |
| End of Period | 1,442.00 | 1,136.00 | 1,412.00 | 2,054.00 | 2,211.00 | 789.00 | 1,136.00 | |
| Change | 660.00 | -337.00 | 310.00 | 598.00 | 157.00 | -1,422.00 | 347.00 | |
| Non-Cash Balances | ||||||||
| Depreciation and Amortization | 68.00 | 76.00 | 74.00 | 74.00 | 74.00 | 94.00 | 110.00 | |
| Stock Based Compensation | 32.00 | 33.00 | 39.00 | 136.00 | 163.00 | 216.00 | 180.00 | |
| Other | 1,479.00 | 2,787.00 | -5,058.00 | -11,214.00 | 1,248.00 | 10,229.00 | 26.00 | |
| Highlighted metrics | ||||||||
| Free Cash Flow (FCF) | -310.00 | 1,366.00 | -7,008.00 | -1,783.00 | 7,441.00 | 10,715.00 | 49.00 | |
| Cash Conversion Cycle (CCC) | - - | 131.00 | -737.00 | -1,231.00 | -1,323.00 | 4,370.00 | -508.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||
| Forex Effect on Cash | - - | -1.00 | - - | - - | - - | - - | - - |