Rocket Return On Tangible Equity 2019-2025 | RKT
- Rocket average return on tangible equity for 2024 was 2.28, a 161.79% decline from 2023.
- Rocket average return on tangible equity for 2023 was -3.69, a 170.42% decline from 2022.
- Rocket average return on tangible equity for 2022 was 5.24, a 42.98% decline from 2021.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.