HOOD
Robinhood Markets, Inc.
HOOD has a slight edge over RKT overall, supported by stronger valuation and stronger modeled upside.
RKT
Rocket Companies, Inc.
RKT offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
HOOD Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
HOOD's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HOOD.
RKT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
RKT's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like RKT.
HOOD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 30x | $81.35 | — |
| Cheap | 37x | $78.84 | -3.1% |
| Current | 38x | $81.35 | — |
| Fair | 51x | $110 | +35% |
| Expensive | 74x | $160 | +96% |
Historical ranges are pointers, not guarantees.
HOOD has the edge over RKT in the historical PE scenario, which offers more potential upside but is not a forecast.
RKT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 0.7x | $0.36 | -97% |
| Fair | 0.9x | $0.47 | -97% |
| Forward | 23x | $13.71 | — |
| Current | 26x | $13.71 | — |
| Expensive | 57x | $30.08 | +119% |
Historical ranges are pointers, not guarantees.
RKT's PE is 26x, but its earnings don't support one, so it isn't a reliable read right now.
HOOD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
HOOD has the edge over RKT on the outlook, with more favorable revenue expectations.
RKT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKT's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
HOOD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.72 | +26% |
| Q3 2026 | $2.16 | -10% |
| Q2 2026 | $2.26 | +15% |
| Q1 2026 | $2.06 | +18% |
| Q4 2025 | $2.05 | +31% |
| Q3 2025 | $2.40 | +314% |
| Q2 2025 | $1.96 | +513% |
| Q1 2025 | $1.75 | +1150% |
| Q4 2024 | $1.56 | +$2.17 |
HOOD earned $2.16 per share over the past year, down 10% from the year before.
RKT Earnings Per Share
RKT and HOOD do not have enough comparable growth data to identify a winner.
HOOD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +12% |
| Q2 2026 | $1.3B | +32% |
| Q1 2026 | $1.1B | +15% |
| Q4 2025 | $1.3B | +27% |
| Q3 2025 | $1.3B | +100% |
| Q2 2025 | $989M | +45% |
| Q1 2025 | $927M | +50% |
| Q4 2024 | $1B | +115% |
HOOD's revenue has grown year over year for 16 quarters in a row: $1.4B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 44% | -5.9 points |
| Q2 2026 | 54% | +9.5 points |
| Q1 2026 | 39% | -1.5 points |
| Q4 2025 | 52% | -3.5 points |
| Q3 2025 | 50% | +26 points |
| Q2 2025 | 45% | +17 points |
| Q1 2025 | 40% | +14 points |
| Q4 2024 | 55% | +49 points |
HOOD has the edge over RKT on profitability, with a higher operating margin.
RKT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.3B | +105% |
| Q2 2026 | $2.8B | +105% |
| Q1 2026 | $2.9B | +184% |
| Q4 2025 | $2.7B | +52% |
| Q3 2025 | $1.6B | +148% |
| Q2 2025 | $1.4B | +4.6% |
| Q1 2025 | $1B | -25% |
| Q4 2024 | $1.8B | +155% |
RKT's revenue is recovering but still below its 2020 peak: $3.3B last quarter, up 105% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +41 points |
| Q2 2026 | 10% | +8.3 points |
| Q1 2026 | 14% | +35 points |
| Q4 2025 | 6.3% | -32 points |
| Q3 2025 | -11% | +65 points |
| Q2 2025 | 1.8% | -13 points |
| Q1 2025 | -22% | -43 points |
| Q4 2024 | 38% | +73 points |
RKT's operating margin was 29% last quarter, up 41 points from the same quarter a year ago.
HOOD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +$2.8B |
| Q2 2026 | $720M | -79% |
| Q1 2026 | $2B | +217% |
| Q4 2025 | -$937M | +$463M |
| Q3 2025 | -$1.6B | -187% |
| Q2 2025 | $3.5B | +6398% |
| Q1 2025 | $642M | +$1.3B |
| Q4 2024 | -$1.4B | -246% |
HOOD's free cash flow was $3B over the past year, up 159% from the year before. Free cash flow isn't a meaningful measure for financial services companies like HOOD.
RKT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.9B | +$1.9B |
| Q2 2026 | -$1.2B | +$619.6M |
| Q1 2026 | $1.8B | +$2.6B |
| Q4 2025 | -$1.3B | -170% |
| Q3 2025 | -$71.8M | +$1.3B |
| Q2 2025 | -$1.9B | -$1.7B |
| Q1 2025 | -$811M | +$2.2B |
| Q4 2024 | $1.8B | +31% |
RKT has the edge over HOOD on cash flow, with more consistent year-over-year improvement.
HOOD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -1M shares |
| 1 year | -0.8% | -6.9M shares |
| 3 years | +1.8% | +15.9M shares |
| 5 years | +292% | +679M shares |
| Available history | +7.2% | +60.8M shares |
HOOD has the edge over RKT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $25M |
| Q2 2026 | $414M |
| Q1 2026 | $250M |
| Q4 2025 | $100M |
| Q3 2025 | $107M |
| Q2 2025 | $124M |
| Q1 2025 | $322M |
| Q4 2024 | $160M |
HOOD spent $789M buying back its own shares over the past year, up 11% from the year before.
RKT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +1.9M shares |
| 1 year | +42% | +842M shares |
| 3 years | +43% | +856M shares |
RKT has 2.8B diluted shares, up 42% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | $11.7M |
| Q3 2022 | $20.6M |
| Q2 2022 | $45.3M |
| Q1 2022 | $100.2M |
HOOD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.3x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -1.9x | Net Cash |
| Q3 2025 | -2.1x | Net Cash |
| Q2 2025 | -2.6x | Net Cash |
| Q1 2025 | -3.3x | Net Cash |
| Q4 2024 | -3.8x | Net Cash |
HOOD has the edge over RKT on leverage, with a lower net debt burden relative to earnings.
RKT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.3x | Elevated |
| Q2 2026 | 6.4x | High |
| Q1 2026 | 9.5x | High |
| Q4 2025 | 287.9x | High |
| Q3 2025 | 29.1x | High |
| Q2 2025 | 136.0x | High |
| Q1 2025 | 39.5x | High |
| Q4 2024 | 12.1x | High |
RKT's net debt is about 3.3 years of its operating earnings (EBITDA), down from more than 20 years a year ago. Net leverage isn't a meaningful measure for financial services companies like RKT.
HOOD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.8 | Neutral |
| Stochastic | 9.5 | Oversold |
HOOD's weekly RSI is 41 (neutral) and its Stochastic is 10 (oversold).
RKT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.4 | Neutral |
| Stochastic | 72.6 | Neutral |
RKT's weekly RSI is 50 (neutral) and its Stochastic is 73 (neutral).
HOOD PE vs Financial Services Sector
| Metric | HOOD | Sector median | Relative |
|---|---|---|---|
| PE | 38x | 13x | 189% above |
| PE % | 22 | 66 | 44 pts below |
HOOD is trading at 38x earnings, a 189% premium to the Financial Services sector's median of 13x.
RKT PE vs Financial Services Sector
| Metric | RKT | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 13x | 99% above |
| PE % | 62 | 62 | Same percentile |
RKT has the edge over HOOD on valuation relative to its sector.
HOOD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.8 | 17% below |
| 20 week MA | $102.2 | 20% below |
| 50 week MA | $95.4 | 15% below |
| 100 week MA | $88.5 | 8.1% below |
| 200 week MA | $52.1 | 56% above |
HOOD has fallen below most of its moving averages, though it's still 56% above its 200-week average.
RKT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.4 | 10% above |
| 20 week MA | $13.3 | 3.2% above |
| 50 week MA | $15.3 | 11% below |
| 100 week MA | $15.1 | 9.3% below |
| 200 week MA | $13.6 | 0.9% above |
RKT has the edge over HOOD on trend strength, trading above more of its moving averages.
HOOD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $35.2 | $18.9 | -46% |
| 2022 | $18.9 | $7.95 | -58% |
| 2023 | $7.95 | $12.7 | +60% |
| 2024 | $12.7 | $39.0 | +206% |
| 2025 | $39.0 | $118.1 | +203% |
| 2026 YTD | $118.1 | $81.4 | -31% |
HOOD's yearly returns have swung widely, from +206% in 2024 to −58% in 2022. It's down 31% so far in 2026.
RKT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $24.9 | $20.8 | -16% |
| 2021 | $20.8 | $15.3 | -27% |
| 2022 | $15.3 | $7.29 | -52% |
| 2023 | $7.29 | $14.5 | +99% |
| 2024 | $14.5 | $11.1 | -23% |
| 2025 | $11.1 | $19.4 | +75% |
| 2026 YTD | $19.4 | $13.7 | -29% |
RKT has the edge over HOOD on returns for 2026, with the stronger performance.