Rocket Companies
RKT
#946
Rank
$17.78 B
Marketcap
$8.95
Share price
2.64%
Change (1 day)
4.07%
Change (1 year)

Operating Margin for Rocket Companies (RKT)

Operating Margin as of June 2023 (TTM): 13.05%

According to Rocket Companies 's latest financial reports and stock price the company's current Operating Margin is 13.05%. At the end of 2021 the company had an Operating Margin of 48.76%.

Operating Margin history for Rocket Companies from 2019 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202148.76%-20.45%
202061.30%240.02%
201918.03%18.99%
201815.15%-20.08%
201718.96%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
6.54%-49.89%๐Ÿ‡บ๐Ÿ‡ธ USA
14.34% 9.89%๐Ÿ‡บ๐Ÿ‡ธ USA
4.03%-69.12%๐Ÿ‡บ๐Ÿ‡ธ USA
5.47%-58.08%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.