Rocket Companies (RKT)

Overall impact
D (38)

Commentary

Rocket Companies is a below-average overall performer. With a 'D' rating of 37.9 for overall impact (bottom 25% of all companies), Rocket Companies ranks 104th out of 131 industry peers, behind Everi, Synchrony Financial, Firstcash and 100 others, and ahead of Ezcorp, Freedom Mortgage, PHH Mortgage and 24 others. On top material causes for Rocket Companies's industry (Financial Services), Rocket Companies performs well in Quality Lifelong Education (82.7 score) and performs poorly in Terrestrial Biodiversity (38.9 score), Sustainable Use of Natural Resources (20.7), Reduced Inequality (18.8) and 8 other causes where it received a 'D' or 'F' score.
Impact
Cause RKT
Peer rank
Overall impact

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Company
Employees
14,200
Sector
Financials
Industry
Consumer Finance
Sub-industry
Consumer Finance
SASB industry
Mortgage Financing
Headquarters
Mi, United States
Share classes
RKT
Description
Rocket Companies, Inc. provides spanning mortgage, real estate, and personal finance services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company offers Rocket Mortgage, a mortgage lender service; Rocket Close, an appraisal management, settlement, and title service; Rocket Homes, a home search platform and real estate agent referral network that provides technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business. It also provides Rocket Money that offers financial wellness services, including subscription cancellation, budget management, and credit score; and Lendesk, a software service that provides a point of sale system for mortgage professionals and a loan origination system for private lenders. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings Inc.
Material causes
Ethos considers the following causes material for Rocket Companies, based on its industry sub-industry Consumer Finance. Learn more about material causes in our methodology overview.

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