Rocket Companies(US:RKT)2025-10-30 20:30Company Overview - Rocket Companies is committed to innovating the homebuying experience since 1985[12] - The company is the 1 mortgage lender and servicer[13], with a cumulative origination volume of over $1.9 trillion and servicing 9.5 million clients[13] - Rocket Mortgage has earned 23 J D Power awards and has a client net promoter score of 70+ and a net client retention rate of 98%[15] Market Opportunity - The total addressable homeownership market is $29 trillion, while the mortgage origination market is $2 trillion[18][19] - 94% of respondents said that if money was no object, they would own their home[22] Integrated Platform & AI - Rocket Mortgage's recapture rate is more than 3x higher than the industry average, with Rocket Mortgage at 83% compared to an industry average of 24%[43] - The company has invested $500 million in AI, powering over 200 proprietary models[54] - AI and automation are driving higher capacity in mortgage underwriting, saving over 1.1 million hours annually[57][58] Financial Performance - In Q3 2025, Adjusted Revenue reached $1.783 billion, a 35% year-over-year increase[80] - Adjusted EBITDA for Q3 2025 was $349 million, representing a 20% margin[80] - As of October 1, 2025, following the closing of the Mr Cooper acquisition, Rocket Companies pro forma liquidity was approximately $11 billion[85]