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%+26.7pp | 122.5%+20.2pp | 114.7%+18.0pp | 109%+22.5pp | 105%+30.1pp | |
| Operating margin | -156.7%+35.2pp | -167.6%+42.0pp | -173.1%+65.7pp | -182.9%+75.5pp | -191.8%+82.8pp | |
| Net margin | -141.3%+52.5pp | -158.8%+54.9pp | -169.4%+75.3pp | -185.6%+79.0pp | -193.8%+87.0pp | |
| EBITDA margin | -128.2%+29.7pp | -139.2%+32.8pp | -144.3%+52.5pp | -152.1%+60.7pp | -157.9%+68.0pp | |
| Free cash flow margin | -182.2%-32.3pp | -173.7%-13.1pp | -146.8%+49.9pp | -144.8%+69.2pp | -150%+70.3pp | |
| Returns | ||||||
| Return on equity | -96.1%+60.5pp | -127.9%+15.7pp | -149.7%-16.9pp | -163.9%-42.0pp | -156.6%-43.3pp | |
| Return on assets | -48.8%+20.2pp | -56.8%+12.0pp | -63.4%+6.4pp | -69.6%-0.4pp | -69.1%+0.3pp | |
| Return on invested capital | -207.4%+6.8pp | -256.6%-80.8pp | -266.7%-107pp | -258.6%-113pp | -214.2%-74.5pp | |
| Efficiency | ||||||
| Asset turnover | 1.4×-0.1× | 1.4×+0.1× | 1.5×+0.3× | 1.5×+0.4× | 1.4×+0.5× | |
| Inventory turnover | 11.6×+0.9× | 11.8×+2.0× | 11.8×+2.9× | 11.4×+2.8× | 10.7×+2.4× | |
| Liquidity | ||||||
| Current ratio | 14.4×+4.9× | 12×+1.4× | 10×-0.7× | 9.4×-0.4× | 9.5×+0.8× | |
| Quick ratio | 12.8×+4.8× | 10.5×+1.5× | 8.6×-0.4× | 7.9×-0.2× | 8×+0.8× | |
| Cash ratio | 9×+4.9× | 6.8×+2.1× | 5.2×+0.4× | 4.3×+0.2× | 4.1×+0.6× | |
| Leverage | ||||||
| Debt-to-equity | 0.5×-0.8× | 0.8×-0.4× | 1×-0.2× | 1.2×0.0× | 1.3×+0.1× | |
| Debt-to-assets | 0.3×-0.2× | 0.3×-0.1× | 0.4×-0.1× | 0.4×-0.2× | 0.4×-0.2× | |
| Per Share | ||||||
| Book value per share | $10.74+217% | $7.86+124% | $5.38+38.3% | $3.80-10.7% | $3.39-26.5% | |
| Valuation | ||||||
| Market capitalization | $112.46B+302% | $84B+283% | $59.47B+401% | $41.09B+348% | $28B+188% | |
| Enterprise value | $109.57B+301% | $82.05B+288% | $58.1B+416% | $40.19B+359% | $27.31B+188% | |
| Price / sales | 188.2×+121× | 151.8×+95.0× | 119×+80.5× | 90.4×+56.1× | 67×+27.4× | |
| Price / book | 78.3×+9.6× | 81×+26.9× | 92.6×+66.9× | 86×+68.1× | 68.7×+51.3× | |
| EV / sales | 183.3×+118× | 148.2×+93.8× | 116.3×+79.7× | 88.4×+55.5× | 65.2×+26.4× | |
| Free cash flow yield | -4%+8.4pp | -5.4%+11.7pp | -5.4%+16.4pp | -7.4%+17.8pp | -12.4%+10.6pp | |
| Earnings yield | -3.4%+12.1pp | -5.4%+16.5pp | -6.4%+20.8pp | -9.5%+21.8pp | -15.5%+13.9pp |
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.
