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Rocket Companies, Inc.（RKT）与标普全球（VG）财务数据对比。点击上方公司名可切换其他公司
标普全球的季度营收约是Rocket Companies, Inc.的1.7倍（$4.4B vs $2.7B），标普全球净利率更高（26.8% vs 2.5%，领先24.3%），标普全球同比增速更快（191.7% vs 52.2%），Rocket Companies, Inc.自由现金流更多（$-1.3B vs $-1.5B），过去两年标普全球的营收复合增速更高（77.3% vs 39.5%）
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。
标普全球是总部位于美国纽约曼哈顿的上市企业，核心业务涵盖金融信息与数据分析、能源及大宗商品情报服务，旗下拥有标普全球评级、标普全球能源、标普全球市场财智、印度信用评级机构CRISIL等子品牌，同时是标普道琼斯指数合资公司的控股股东。
RKT vs VG — 直观对比
营收规模更大
VG
是对方的1.7倍
$2.7B
营收增速更快
VG
高出139.5%
52.2%
净利率更高
VG
高出24.3%
2.5%
自由现金流更多
RKT
多$244.4M
$-1.5B
两年增速更快
VG
近两年复合增速
39.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $4.4B |
| 净利润 | $68.0M | $1.2B |
| 毛利率 | — | — |
| 营业利润率 | 6.3% | 38.7% |
| 净利率 | 2.5% | 26.8% |
| 营收同比 | 52.2% | 191.7% |
| 净利润同比 | 100.8% | 20.3% |
| 每股收益（稀释后） | $0.10 | $0.41 |
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RKTVG
| Q4 25 | $2.7B | $4.4B | ||
| Q3 25 | $1.6B | $3.3B | ||
| Q2 25 | $1.4B | $3.1B | ||
| Q1 25 | $1.0B | $2.9B | ||
| Q4 24 | $1.8B | $1.5B | ||
| Q3 24 | $646.9M | $926.0M | ||
| Q2 24 | $1.3B | $1.1B | ||
| Q1 24 | $1.4B | $1.4B |
净利润RKTVG
| Q4 25 | $68.0M | $1.2B | ||
| Q3 25 | $-123.9M | $550.0M | ||
| Q2 25 | $-1.8M | $475.0M | ||
| Q1 25 | $-10.4M | $517.0M | ||
| Q4 24 | $33.9M | $990.0M | ||
| Q3 24 | $-22.0M | $-294.0M | ||
| Q2 24 | $1.3M | $352.0M | ||
| Q1 24 | $16.2M | $698.0M |
毛利率RKTVG
| 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RKTVG
| Q4 25 | 6.3% | 38.7% | ||
| Q3 25 | -11.5% | 39.7% | ||
| Q2 25 | 1.8% | 33.5% | ||
| Q1 25 | -21.5% | 37.3% | ||
| Q4 24 | 38.1% | 39.0% | ||
| Q3 24 | -76.9% | 20.4% | ||
| Q2 24 | 14.8% | 32.8% | ||
| Q1 24 | 21.6% | 43.6% |
净利率RKTVG
| Q4 25 | 2.5% | 26.8% | ||
| Q3 25 | -7.7% | 16.5% | ||
| Q2 25 | -0.1% | 15.3% | ||
| Q1 25 | -1.0% | 17.9% | ||
| Q4 24 | 1.9% | 65.0% | ||
| Q3 24 | -3.4% | -31.7% | ||
| Q2 24 | 0.1% | 31.8% | ||
| Q1 24 | 1.2% | 49.4% |
每股收益（稀释后）RKTVG
| Q4 25 | $0.10 | $0.41 | ||
| Q3 25 | $-0.06 | $0.16 | ||
| Q2 25 | $-0.01 | $0.14 | ||
| Q1 25 | $-0.08 | $0.15 | ||
| Q4 24 | $0.28 | $0.35 | ||
| Q3 24 | $-0.19 | $-0.15 | ||
| Q2 24 | $0.01 | $0.12 | ||
| Q1 24 | $0.11 | $0.25 |
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 | $2.4B |
| 总债务越低越好 | — | $34.2B |
| 股东权益账面价值 | $22.9B | $6.7B |
| 总资产 | $60.7B | $53.4B |
| 负债/权益比越低杠杆越低 | — | 5.07× |
8季度趋势，按日历期对齐
现金及短期投资RKTVG
| Q4 25 | $2.7B | $2.4B | ||
| Q3 25 | $5.8B | $1.9B | ||
| Q2 25 | $5.1B | $2.2B | ||
| Q1 25 | $1.4B | $3.6B | ||
| Q4 24 | $1.3B | $3.6B | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $861.4M | — |
总债务RKTVG
| Q4 25 | — | $34.2B | ||
| Q3 25 | — | $32.6B | ||
| Q2 25 | — | $30.0B | ||
| Q1 25 | — | $29.3B | ||
| Q4 24 | — | $29.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益RKTVG
| Q4 25 | $22.9B | $6.7B | ||
| Q3 25 | $8.9B | $5.7B | ||
| Q2 25 | $7.4B | $5.3B | ||
| Q1 25 | $8.6B | $4.9B | ||
| Q4 24 | $9.0B | $2.9B | ||
| Q3 24 | $8.4B | — | ||
| Q2 24 | $8.8B | — | ||
| Q1 24 | $8.6B | — |
总资产RKTVG
| Q4 25 | $60.7B | $53.4B | ||
| Q3 25 | $33.6B | $50.1B | ||
| Q2 25 | $30.4B | $46.5B | ||
| Q1 25 | $25.3B | $45.1B | ||
| Q4 24 | $24.5B | $43.5B | ||
| Q3 24 | $25.1B | — | ||
| Q2 24 | $23.6B | — | ||
| Q1 24 | $22.2B | — |
负债/权益比RKTVG
| Q4 25 | — | 5.07× | ||
| Q3 25 | — | 5.73× | ||
| Q2 25 | — | 5.69× | ||
| Q1 25 | — | 6.01× | ||
| Q4 24 | — | 10.11× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $2.1B |
| 自由现金流经营现金流 - 资本支出 | $-1.3B | $-1.5B |
| 自由现金流率自由现金流/营收 | -47.2% | -34.1% |
| 资本支出强度资本支出/营收 | 1.5% | 81.6% |
| 现金转化率经营现金流/净利润 | -18.08× | 1.77× |
| 过去12个月自由现金流最近4个季度 | $-4.0B | $-6.8B |
8季度趋势，按日历期对齐
经营现金流RKTVG
| Q4 25 | $-1.2B | $2.1B | ||
| Q3 25 | $-50.3M | $1.9B | ||
| Q2 25 | $-1.9B | $1.5B | ||
| Q1 25 | $-797.0M | $1.1B | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $-1.3B | — | ||
| Q2 24 | $-122.3M | — | ||
| Q1 24 | $-3.0B | $638.0M |
自由现金流RKTVG
| Q4 25 | $-1.3B | $-1.5B | ||
| Q3 25 | $-71.8M | $-1.4B | ||
| Q2 25 | $-1.9B | $-1.5B | ||
| Q1 25 | $-811.0M | $-2.4B | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $-1.4B | — | ||
| Q2 24 | $-138.3M | — | ||
| Q1 24 | $-3.0B | $-2.4B |
自由现金流率RKTVG
| Q4 25 | -47.2% | -34.1% | ||
| Q3 25 | -4.5% | -42.4% | ||
| Q2 25 | -137.2% | -49.1% | ||
| Q1 25 | -78.2% | -81.3% | ||
| Q4 24 | 103.1% | — | ||
| Q3 24 | -209.6% | — | ||
| Q2 24 | -10.6% | — | ||
| Q1 24 | -218.7% | -167.3% |
资本支出强度RKTVG
| Q4 25 | 1.5% | 81.6% | ||
| Q3 25 | 1.3% | 98.9% | ||
| Q2 25 | 1.1% | 96.1% | ||
| Q1 25 | 1.4% | 119.8% | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 2.9% | — | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 1.0% | 212.4% |
现金转化率RKTVG
| Q4 25 | -18.08× | 1.77× | ||
| Q3 25 | — | 3.42× | ||
| Q2 25 | — | 3.07× | ||
| Q1 25 | — | 2.15× | ||
| Q4 24 | 54.42× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -94.46× | — | ||
| Q1 24 | -185.80× | 0.91× |
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% |
VG
| Plaquemines Project Segment | $3.4B | 76% |
| Calcasieu Project Segment | $841.0M | 19% |
| Other | $208.0M | 5% |
