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Taxonomy & unit
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us-gaap: USD
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Description
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The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
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Summary
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Rocket Companies, Inc. annual Amortization of Intangible Assets history and growth rate from 2020 to 2023.
- Rocket Companies, Inc. annual Amortization of Intangible Assets for 2023 was $22.5 M, a 9.23% decline from 2022.
- Rocket Companies, Inc. annual Amortization of Intangible Assets for 2022 was $24.7 M, a 518% increase from 2021.
- Rocket Companies, Inc. annual Amortization of Intangible Assets for 2021 was $4.01 M, a 13.3% decline from 2020.