Company / Gross Margin
Rocket Companies, Inc. Gross Margin History
FY2018-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
45.3%
FY2024
5-year range
34.4% / 45.3%
FY2020-FY2024
Trend
+31.8%
vs FY2023
Sector context
#12 of 21
Financials
What the data says
At 45.3%, Rocket Companies, Inc.'s gross margin ranks #12 of 21 in the Financials sector. Gross Margin has fluctuated over the past 7 years, ranging from 34.4% in FY2023 to 45.3% in FY2024.
Based on SEC 10-K filings.
45.3% in FY2024 with a 5-year CAGR of +4.0%.
Remained stable around 45.3% over the past 2 years.
Financials sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +4.0pp
- 5-Year Change
- +4.0pp
- 10-Year Change
- -
Sector benchmark
#12 of 21 in FinancialsTop 57% of 21This company 45.3% Sector average 46.2%
▼
-1.8% below sector average
Key checks
Key Insights
- In FY2024, gross margin increased 31.8% year-over-year.
- Currently 0.8pp below the Financials sector average.
- Lowest gross margin in the period was in FY2023.
Company context
Key Data Points
- Low Piotroski F-Score: 0/9 (multiple financial health concerns)
- Altman Z-Score 0.37 (distress zone, below 1.8 threshold)
- Negative profit margin: -12.5%
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 45.3% | +31.8% |
| FY2023 | 34.4% | -22.7% |
| FY2022 | 44.5% | +7.6% |
| FY2021 | 41.4% | +4.2% |
| FY2020 | 39.7% | -4.0% |
| FY2019 | 41.4% | +4.2% |
| FY2018 | 39.7% | - |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026