undamentalytics Newsletter

Rocket Companies vs UWM Holdings

Rocket Companies is the larger business, with $6.70bn of revenue in fiscal 2025 against $3.16bn for UWM Holdings (2.1 times as much). Rocket Companies grew faster (31.2% against 18.2%). UWM Holdings kept more of each dollar of sales as profit: a net margin of 0.9% against -1.0%.

Latest fiscal yearRocket CompaniesRKT, 2025UWM HoldingsUWMC, 2025
Revenue $6.70bn $3.16bn
Revenue growth 31.2% 18.2%
Net income −$68.0m $27.4m
Operating margin — —
Net margin -1.0% 0.9%
Return on equity -0.4% 1.5%
Free cash flow −$4.02bn −$2.72bn
Cash $2.70bn $503m
Total debt $28.36bn $3.00bn
Debt to equity — 188.2%
Dividend per share — —
Dividend yield — 19.6%
Share buybacks — —
Employees 23,500 9,100
Market value $39.39bn $547m
Price vs our value range — —
Moat score — —
Insider trades, 12 months 0 buys, 45 sales 0 buys, 123 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.