Rocket Companies
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Rocket Companies generated cash of $110,329,000, which is less than the previous year. Cash used in financing activities reached the amount of -$623,558,000 last year. Net change in cash is therefore $347,733,000.
Cash Flow
| 2017 | -242.72M | -88.96M | 992.14M |
|---|---|---|---|
| 2018 | 1.43B | -94.47M | -1.67B |
| 2019 | -6.95B | 71.89M | 7.19B |
| 2020 | -1.67B | 517.20M | 1.75B |
| 2021 | 7.74B | -664.85M | -6.92B |
| 2022 | 10.82B | 578.74M | -12.82B |
| 2023 | 110.32M | 861.15M | -623.55M |
RKT Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 789.09M | 2.21B | 2.05B | 1.45B | 1.10B | 1.47B | 782.47M |
Operating activities | |||||||
Net income | -15.51M | 699.93M | 6.07B | 9.39B | 892.38M | 614.86M | 770.70M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 110.27M | 94.02M | 74.71M | 74.31M | 74.95M | 76.91M | 68.81M |
Stock-based compensation expense | 180.13M | 216.00M | 163.71M | 136.18M | 39.70M | 33.63M | 32.89M |
| Deferred income tax benefit | 180.13M | 216.00M | 163.71M | 136.18M | 39.70M | 33.63M | 32.89M |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 0 | -1.04M | 12.42M | 7.24M | -262.47M | 5.03M | 43.96M |
Inventories | 0 | 1.04M | -12.42M | -7.24M | -93.75M | -68.46M | 113.71M |
Accounts payable | 55.01M | -155.21M | 11.17M | 94.56M | 64.61M | -49.08M | -10.11M |
Cash generated by operating activities | 110.32M | 10.82B | 7.74B | -1.67B | -6.95B | 1.43B | -242.72M |
Investing activities | |||||||
Purchases Of Investments | -5.47M | -14.64M | -39.89M | -2.5M | -18.91M | -28.14M | 0 |
Investments In Property Plant And Equipment | -60.33M | -107.76M | -302.81M | -106.34M | -48.84M | -64.47M | -67.78M |
Acquisitions Net | 0 | 14.64M | -1.23B | -565.53M | 18.91M | -28.14M | -22.60M |
Cash generated by investing activities | 861.15M | 578.74M | -664.85M | 517.20M | 71.89M | -94.47M | -88.96M |
Financing activities | |||||||
Common Stock Issued | 24.87M | 37.76M | 41.98M | 1.75B | 0 | 0 | 0 |
Payments for dividends | 0 | -1.97B | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | -177.7M | -231.58M | -2.02B | 0 | 0 | 0 |
Repayments of term debt | -650.80M | -10.50B | -6.31B | -1.29B | 7.11B | -1.05B | 1.46B |
Cash used in financing activities | -623.55M | -12.82B | -6.92B | 1.75B | 7.19B | -1.67B | 992.14M |
Net Change In Cash | 347.73M | -1.42B | 157.49M | 598.37M | 310.95M | -337.06M | 660.45M |
Cash at end of period | 1.13B | 789.09M | 2.21B | 2.05B | 1.41B | 1.13B | 1.44B |
| Data source | Data source | Data source | Data source |