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Rocket Lab USA, Inc. RKLB Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin122.5%+20.2pp102.2%+42.2pp60.1%
Operating margin-167.6%+42.0pp-209.6%+69.0pp-278.6%+106pp-384.8%
Net margin-158.8%+54.9pp-213.7%+71.8pp-285.5%+105pp-390.2%
EBITDA margin-139.2%+32.8pp-172%+55.1pp-227.1%+97.6pp-324.8%
Free cash flow margin-173.7%-13.1pp-160.6%+79.6pp-240.2%+150pp-389.7%
Returns
Return on equity-127.9%+15.7pp-143.6%-40.1pp-103.5%
Return on assets-56.8%+12.0pp-68.8%-1.0pp-67.8%-1.9pp-65.9%
Return on invested capital-256.6%-80.8pp-175.8%-43.9pp-131.9%
Efficiency
Asset turnover1.4×+0.1×1.3×+0.4×0.9×+0.2×0.7×
Inventory turnover11.8×+2.0×9.8×+1.3×8.5×
Liquidity
Current ratio12×+1.4×10.6×+1.7×8.9×-8.8×17.6×-2.2×
Quick ratio10.5×+1.5×+1.8×7.2×-8.3×15.5×-1.1×
Cash ratio6.8×+2.1×4.8×+1.8×-7.9×10.9×-66.8×
Leverage
Debt-to-equity0.8×-0.4×1.2×+0.1×1.1×+0.3×0.9×
Debt-to-assets0.3×-0.1×0.4×-0.2×0.7×+0.1×0.6×
Per Share
Book value per share$7.86+124%$3.51-29.4%$4.98-17.8%$6.05
Valuation
Market capitalization$84B+283%$21.91B+127%$9.66B+4.6%$9.23B-45.9%
Enterprise value$82.05B+288%$21.14B+120%$9.59B+18.4%$8.1B
Price / sales151.8×+95.0×56.7×+15.6×41.1×-35.6×76.7×
Price / book81×+26.9×54.1×+37.9×16.3×+3.2×13×
EV / sales148.2×+93.8×54.4×+13.6×40.8×-26.0×66.8×
Free cash flow yield-5.4%+11.7pp-17.1%+7.1pp-24.2%+2.8pp-26.9%
Earnings yield-5.4%+16.5pp-21.9%+6.4pp-28.4%-3.6pp-24.8%-15.8pp

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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.