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Rocket Companies, Inc.（RKT）与UWM Holdings Corp（UWMC）财务数据对比。点击上方公司名可切换其他公司
Rocket Companies, Inc.的季度营收约是UWM Holdings Corp的2.8倍（$2.7B vs $945.2M）。Rocket Companies, Inc.净利率更高（2.5% vs 2.1%，领先0.5%）。UWM Holdings Corp同比增速更快（68.7% vs 52.2%）。UWM Holdings Corp自由现金流更多（$82.0M vs $-1.3B）。过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% vs 28.8%）
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
UWM控股（前身为联合海岸金融服务）是总部位于美国密歇根州庞蒂亚克的批发抵押贷款机构，专门为独立贷款经纪人提供贷款承销服务，据2024年公开数据显示，该公司是目前美国规模最大的抵押贷款放贷机构。
RKT vs UWMC — 直观对比
营收规模更大
RKT
是对方的2.8倍
$945.2M
营收增速更快
UWMC
高出16.6%
52.2%
净利率更高
RKT
高出0.5%
2.1%
自由现金流更多
UWMC
多$1.4B
$-1.3B
两年增速更快
RKT
近两年复合增速
28.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $945.2M |
| 净利润 | $68.0M | $19.4M |
| 毛利率 | — | — |
| 营业利润率 | 6.3% | 17.9% |
| 净利率 | 2.5% | 2.1% |
| 营收同比 | 52.2% | 68.7% |
| 净利润同比 | 100.8% | 117.6% |
| 每股收益（稀释后） | $0.10 | $0.14 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收RKTUWMC
| Q4 25 | $2.7B | $945.2M | ||
| Q3 25 | $1.6B | $843.3M | ||
| Q2 25 | $1.4B | $758.7M | ||
| Q1 25 | $1.0B | $613.4M | ||
| Q4 24 | $1.8B | $560.2M | ||
| Q3 24 | $646.9M | $526.4M | ||
| Q2 24 | $1.3B | $507.1M | ||
| Q1 24 | $1.4B | $570.0M |
净利润RKTUWMC
| Q4 25 | $68.0M | $19.4M | ||
| Q3 25 | $-123.9M | $-1.3M | ||
| Q2 25 | $-1.8M | $22.9M | ||
| Q1 25 | $-10.4M | $-13.7M | ||
| Q4 24 | $33.9M | $8.9M | ||
| Q3 24 | $-22.0M | $-6.3M | ||
| Q2 24 | $1.3M | $3.0M | ||
| Q1 24 | $16.2M | $8.7M |
毛利率RKTUWMC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 58.9% | — | ||
| Q3 24 | -8.4% | — | ||
| Q2 24 | 47.4% | — | ||
| Q1 24 | 51.2% | — |
营业利润率RKTUWMC
| Q4 25 | 6.3% | 17.9% | ||
| Q3 25 | -11.5% | 1.5% | ||
| Q2 25 | 1.8% | 43.4% | ||
| Q1 25 | -21.5% | -42.5% | ||
| Q4 24 | 38.1% | 7.6% | ||
| Q3 24 | -76.9% | 6.1% | ||
| Q2 24 | 14.8% | 15.2% | ||
| Q1 24 | 21.6% | 32.3% |
净利率RKTUWMC
| Q4 25 | 2.5% | 2.1% | ||
| Q3 25 | -7.7% | -0.1% | ||
| Q2 25 | -0.1% | 3.0% | ||
| Q1 25 | -1.0% | -2.2% | ||
| Q4 24 | 1.9% | 1.6% | ||
| Q3 24 | -3.4% | -1.2% | ||
| Q2 24 | 0.1% | 0.6% | ||
| Q1 24 | 1.2% | 1.5% |
每股收益（稀释后）RKTUWMC
| Q4 25 | $0.10 | $0.14 | ||
| Q3 25 | $-0.06 | $-0.01 | ||
| Q2 25 | $-0.01 | $0.11 | ||
| Q1 25 | $-0.08 | $-0.12 | ||
| Q4 24 | $0.28 | $0.07 | ||
| Q3 24 | $-0.19 | $-0.06 | ||
| Q2 24 | $0.01 | $0.03 | ||
| Q1 24 | $0.11 | $0.09 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $2.7B | $503.4M |
| 总债务越低越好 | — | $3.0B |
| 股东权益账面价值 | $22.9B | $1.6B |
| 总资产 | $60.7B | $16.9B |
| 负债/权益比越低杠杆越低 | — | 1.87× |
8季度趋势，按日历期对齐
现金及短期投资RKTUWMC
| Q4 25 | $2.7B | $503.4M | ||
| Q3 25 | $5.8B | $870.7M | ||
| Q2 25 | $5.1B | $490.0M | ||
| Q1 25 | $1.4B | $485.0M | ||
| Q4 24 | $1.3B | $507.3M | ||
| Q3 24 | $1.2B | $636.3M | ||
| Q2 24 | $1.3B | $680.2M | ||
| Q1 24 | $861.4M | $605.6M |
总债务RKTUWMC
| Q4 25 | — | $3.0B | ||
| Q3 25 | — | $3.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.0B |
股东权益RKTUWMC
| Q4 25 | $22.9B | $1.6B | ||
| Q3 25 | $8.9B | $1.6B | ||
| Q2 25 | $7.4B | $1.7B | ||
| Q1 25 | $8.6B | $1.6B | ||
| Q4 24 | $9.0B | $2.1B | ||
| Q3 24 | $8.4B | $2.2B | ||
| Q2 24 | $8.8B | $2.3B | ||
| Q1 24 | $8.6B | $2.5B |
总资产RKTUWMC
| Q4 25 | $60.7B | $16.9B | ||
| Q3 25 | $33.6B | $17.0B | ||
| Q2 25 | $30.4B | $13.9B | ||
| Q1 25 | $25.3B | $14.0B | ||
| Q4 24 | $24.5B | $15.7B | ||
| Q3 24 | $25.1B | $15.1B | ||
| Q2 24 | $23.6B | $12.9B | ||
| Q1 24 | $22.2B | $12.8B |
负债/权益比RKTUWMC
| Q4 25 | — | 1.87× | ||
| Q3 25 | — | 2.38× | ||
| Q2 25 | — | 1.59× | ||
| Q1 25 | — | 1.70× | ||
| Q4 24 | — | 1.36× | ||
| Q3 24 | — | 0.92× | ||
| Q2 24 | — | 0.86× | ||
| Q1 24 | — | 0.81× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-1.2B | $103.8M |
| 自由现金流经营现金流 - 资本支出 | $-1.3B | $82.0M |
| 自由现金流率自由现金流/营收 | -47.2% | 8.7% |
| 资本支出强度资本支出/营收 | 1.5% | 2.3% |
| 现金转化率经营现金流/净利润 | -18.08× | 5.34× |
| 过去12个月自由现金流最近4个季度 | $-4.0B | $-2.7B |
8季度趋势，按日历期对齐
经营现金流RKTUWMC
| Q4 25 | $-1.2B | $103.8M | ||
| Q3 25 | $-50.3M | $-3.1B | ||
| Q2 25 | $-1.9B | $-265.9M | ||
| Q1 25 | $-797.0M | $593.9M | ||
| Q4 24 | $1.8B | $-543.3M | ||
| Q3 24 | $-1.3B | $-2.2B | ||
| Q2 24 | $-122.3M | $-1.3B | ||
| Q1 24 | $-3.0B | $-2.2B |
自由现金流RKTUWMC
| Q4 25 | $-1.3B | $82.0M | ||
| Q3 25 | $-71.8M | $-3.1B | ||
| Q2 25 | $-1.9B | $-290.1M | ||
| Q1 25 | $-811.0M | $576.1M | ||
| Q4 24 | $1.8B | $-551.6M | ||
| Q3 24 | $-1.4B | $-2.2B | ||
| Q2 24 | $-138.3M | $-1.3B | ||
| Q1 24 | $-3.0B | $-2.2B |
自由现金流率RKTUWMC
| Q4 25 | -47.2% | 8.7% | ||
| Q3 25 | -4.5% | -366.4% | ||
| Q2 25 | -137.2% | -38.2% | ||
| Q1 25 | -78.2% | 93.9% | ||
| Q4 24 | 103.1% | -98.5% | ||
| Q3 24 | -209.6% | -416.1% | ||
| Q2 24 | -10.6% | -262.1% | ||
| Q1 24 | -218.7% | -387.7% |
资本支出强度RKTUWMC
| Q4 25 | 1.5% | 2.3% | ||
| Q3 25 | 1.3% | 1.2% | ||
| Q2 25 | 1.1% | 3.2% | ||
| Q1 25 | 1.4% | 2.9% | ||
| Q4 24 | 1.1% | 1.5% | ||
| Q3 24 | 2.9% | 2.3% | ||
| Q2 24 | 1.2% | 2.4% | ||
| Q1 24 | 1.0% | 1.2% |
现金转化率RKTUWMC
| Q4 25 | -18.08× | 5.34× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -11.61× | ||
| Q1 25 | — | — | ||
| Q4 24 | 54.42× | -60.91× | ||
| Q3 24 | — | — | ||
| Q2 24 | -94.46× | -431.86× | ||
| Q1 24 | -185.80× | -252.32× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
UWMC
暂无分部数据
