Rocket Lab USA, Inc. RKLB Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 131.7%+9.3pp | 122.5%+7.8pp | 114.7%+5.6pp | 109%+4.0pp | 105%+2.8pp | |
| Operating margin | -156.7%+11.0pp | -167.6%+5.5pp | -173.1%+9.8pp | -182.9%+8.9pp | -191.8%+17.8pp | |
| Net margin | -141.3%+17.4pp | -158.8%+10.7pp | -169.4%+16.1pp | -185.6%+8.3pp | -193.8%+19.8pp | |
| EBITDA margin | -128.2%+11.1pp | -139.2%+5.1pp | -144.3%+7.7pp | -152.1%+5.9pp | -157.9%+14.1pp | |
| Free cash flow margin | -182.2%-8.5pp | -173.7%-26.9pp | -146.8%-2.0pp | -144.8%+5.1pp | -150%+10.6pp | |
| Returns | ||||||
| Return on equity | -96.1%+31.8pp | -127.9%+21.8pp | -149.7%+14.2pp | -163.9%-7.3pp | -156.6%-13.0pp | |
| Return on assets | -48.8%+8.0pp | -56.8%+6.6pp | -63.4%+6.2pp | -69.6%-0.6pp | -69.1%-0.3pp | |
| Return on invested capital | -207.4%+49.2pp | -256.6%+10.1pp | -266.7%-8.0pp | -258.6%-44.4pp | -214.2%-38.4pp | |
| Efficiency | ||||||
| Asset turnover | 1.4×0.0× | 1.4×-0.1× | 1.5×0.0× | 1.5×+0.1× | 1.4×+0.1× | |
| Inventory turnover | 11.6×-0.2× | 11.8×0.0× | 11.8×+0.4× | 11.4×+0.7× | 10.7×+0.9× | |
| Liquidity | ||||||
| Current ratio | 14.4×+2.4× | 12×+2.0× | 10×+0.6× | 9.4×-0.1× | 9.5×-1.0× | |
| Quick ratio | 12.8×+2.3× | 10.5×+1.9× | 8.6×+0.7× | 7.9×-0.1× | 8×-1.0× | |
| Cash ratio | 9×+2.1× | 6.8×+1.7× | 5.2×+0.9× | 4.3×+0.2× | 4.1×-0.7× | |
| Leverage | ||||||
| Debt-to-equity | 0.5×-0.3× | 0.8×-0.3× | 1×-0.2× | 1.2×-0.1× | 1.3×+0.1× | |
| Debt-to-assets | 0.3×-0.1× | 0.3×-0.1× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Per Share | ||||||
| Book value per share | $10.74+36.7% | $7.86+45.9% | $5.38+41.5% | $3.80+12.3% | $3.39-3.5% | |
| Valuation | ||||||
| Market capitalization | $112.46B+33.9% | $84B+41.2% | $59.47B+44.7% | $41.09B+46.7% | $28B+27.8% | |
| Enterprise value | $109.57B+33.5% | $82.05B+41.2% | $58.1B+44.6% | $40.19B+47.2% | $27.31B+29.2% | |
| Price / sales | 188.2×+36.4× | 151.8×+32.7× | 119×+28.6× | 90.4×+23.4× | 67×+10.3× | |
| Price / book | 78.3×-2.7× | 81×-11.7× | 92.6×+6.6× | 86×+17.3× | 68.7×+14.6× | |
| EV / sales | 183.3×+35.1× | 148.2×+31.9× | 116.3×+27.9× | 88.4×+23.2× | 65.2×+10.8× | |
| Free cash flow yield | -4%+1.3pp | -5.4%0.0pp | -5.4%+2.0pp | -7.4%+5.0pp | -12.4%+4.6pp | |
| Earnings yield | -3.4%+2.0pp | -5.4%+1.0pp | -6.4%+3.1pp | -9.5%+6.0pp | -15.5%+6.5pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Rocket Lab USA, Inc.'s profit margins?
- Rocket Lab USA, Inc. (RKLB) runs a 36.6% gross margin and a -33.2% operating margin, with a -26.9% net margin.
- Where do Rocket Lab USA, Inc.'s ratios come from?
- Every ratio is computed from Rocket Lab USA, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
