Stock · RKLB · Industrials

Rocket Lab USA Inc.

United States · Large Cap · listed since 2021 · Revenue 12 mo. $769.1M

Price as of 11/06/2026

StockScorer score
1.8
of 10 2 of 11 points Low Match To the score
Price
$53.07
1 Y −2.6%
Market cap
$40.2B
Phase
Build-up
revenue growing, core business not yet profitable
Revenue +41.8% a year (3 years)EBIT margin −38.0%

Rocket Lab Corporation, a space company, provides launch services and space systems solutions in the United States, Canada, Japan, and internationally.

moreless

Rocket Lab Corporation, a space company, provides launch services and space systems solutions in the United States, Canada, Japan, and internationally. The company operates through launch services and space systems segments. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, optical systems, and other spacecraft and on-orbit management solutions and constellation management services, as well as designs and manufactures small and medium-class rockets and develops flight and ground software. It also designs, manufactures, and sells Electron, an orbital small launch vehicle for small spacecraft launch services, as well as develops Neutron launch vehicles for large constellation deployments, interplanetary missions, and potentially for human spaceflight. In addition, the company designs and manufactures a range of components and subsystems for its launch vehicles and spacecraft. It serves commercial, aerospace prime contractors, and government customers. Rocket Lab Corporation was formerly known as Rocket Lab USA, Inc. and changed its name to Rocket Lab Corporation in August 2021. The company was founded in 2006 and is headquartered in Long Beach, California.

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Summary

Rocket Lab USA Inc. is below the middle of the Industrials sector overall

34.4 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

Free cash flow was negative in 2025. No priced-in expectation can be derived from it.

No sign supports the expectation, 3 speak against it.

What supports it

with respect to the priced-in expectation

No indication in the stored figures.

What speaks against it

with respect to the priced-in expectation

  • Loss over the last twelve months net income −€177.9M
  • Negative free cash flow FCF −€288.8M (2025)
  • Volatile earnings 3 drops or sign changes in up to 10 years

Since the last quarter

Q1 → Q2 2026

Mostly better than the previous quarter: 4 of 7 changes for the better.

  • Revenue, 12 mo.$679.6M → $769.1M+13.2%better
  • FCF, 12 mo.−$316.3M → −$371.1M−17.3%worse
  • EBIT margin−33.2% → −29.1%+4.1 ppbetter
  • FCF margin−46.5% → −48.3%−1.7 ppworse
  • Net debt−$1.1B → −$2.0B−87.1%better
  • Shares outstanding605M → 630M+4.0%worse
  • Return on equity−8.1% → −4.7%+3.3 ppbetter

1 more unchanged: Gross margin

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability13.2below the middleEarns less than the sector: Return on capital (Greenblatt) −15.73%, sector 19.33%.
MetricStockSector medianPosition in sector
Return on equity−11.51%13.10%Rank 2
Return on capital (Greenblatt)−15.73%19.33%Rank 0
EBIT margin−38.03%11.28%Rank 0
FCF margin−53.47%8.50%Rank 1
Gross margin34.43%28.98%Rank 63
Growth97.3above the middleGrows faster than the sector: Revenue growth, 1 year 37.96%, sector 5.15%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year37.96%5.15%Rank 98
Earnings growth, 3 years per yeardoes not count towards the rank–8.01%
Earnings growth, 5 years per yeardoes not count towards the rank–12.89%
Sustainable growth (ROE × retained earnings)25.97%4.02%Rank 97
Valuation4.3below the middleValued higher than the sector: EV/sales 65.47, sector 2.08.
MetricStockSector medianPosition in sector
Earnings yield−0.70%4.42%Rank 2
FCF yield−0.80%3.98%Rank 11
EV/saleslower is better65.472.08Rank 0
EV/EBITlower is betterdoes not count towards the rank–19.47
Momentum13.2below the middleShare price doing worse than the sector: Share price, 6 months −49.20%, sector −1.43%.
MetricStockSector medianPosition in sector
Share price, 1 year−2.63%−0.01%Rank 47
Share price, 6 months−49.20%−1.43%Rank 1
Share price, 3 months−30.80%0.53%Rank 3
Distance from 52-week high−64.67%−16.36%Rank 1
Quality17.6below the middleQuality below the sector: Accruals (Sloan) 17.94%, sector 1.39%.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better17.94%1.39%Rank 1
Change in share countlower is better7.00%−0.44%Rank 3
Dividend streak in yearsdoes not count towards the rank–5
Price reaction to results, market-adjusted0.16%0.27%Rank 49
Balance sheet & risk60.6above the middleLess risk than the sector: Equity ratio 74.07%, sector 39.65%.
MetricStockSector medianPosition in sector
Equity ratio74.07%39.65%Rank 95
Net debt/EBITDAlower is betterdoes not count towards the rank–1.38
Debt to equitylower is better0.150.61Rank 87
Volatility, 1 yearlower is better94.47%32.95%Rank 1

Ten years in figures

Revenue from $48.4M (2019) to $601.8M (2025), 52.2% a year.

Fiscal years, amounts in USD
YearRevenue, $MEBIT marginFCF, $MSharesNet debt, $M
201948.4−68.0%−45.9401M−69.9
202035.2−156.3%−52.978.4M−25.5
202162.2−164.0%−97.5452M−562.5
2022211.0−64.1%−149.0466M−89.7
2023244.6−72.7%−153.6482M14.2
2024436.2−43.5%−116.0496M197.4
2025601.8−38.0%−321.8531M−574.7
1.8 / 10Low MatchStockScorer score2 of 11 points

1 of 7 StockScorer Score rules met · How the score is built

Rocket Lab USA Inc. mainly meets criteria in the Growth category. Result from 18 strategies checked.

This stock · Profitability: 0%This stock · Growth: 50%This stock · Valuation: 0%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Rocket Lab USA Inc.'s score is built

Rocket Lab USA Inc. is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

1 of 7 rules met

2 of 11 points

  1. Free cash flow yield above the sector mediannot met0 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector mediannot met0 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%met2 of 2 points
  6. 3-year earnings growth above 12% p.a.no data0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Rocket Lab USA Inc. stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Moat Quality
  • Defensive: Low Volatility
  • Dividend Aristocrats & Continuity
  • Dividend Quality: 4 Factors
  • Balanced GARP
  • High-Growth / Rule of 40
  • Levermann Strategy (13 Criteria)
  • Magic Formula: Value + Quality
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum
  • Undervalued Stocks: Multi-Factor Check
  • Growth Momentum (CAN SLIM principle)

Rocket Lab USA Inc. key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Rocket Lab USA Inc.

MetricStockSector
P/E ratio−230.122.5
P/B ratio16.42.9
Return on equity (ROE)−11.5%13.1%
Equity ratio74.1%39.7%
Debt-to-equity (D/E)0.150.61
Dividend yield–2.0%

Similar stocks in Industrials

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
RKLBRocket Lab USA Inc.this page
HEI-AHEICO Corporationlocked
LHXL3Harris Technologies IncHigh6.4
HONAHoneywell Aerospace IncHigh6.4
AXONAxon Enterprise Inc.locked
ARXSArxis, Inc. Class A Common Stocklocked

Frequently asked questions about Rocket Lab USA Inc. stock

How does Rocket Lab USA Inc. stock (RKLB) score in the StockScorer model?
Rocket Lab USA Inc. stock reaches a StockScorer score of 1.8 out of 10, which is a low match with the rule-based strategies. 1 out of 7 flagship profile rules are met.
What is Rocket Lab USA Inc.'s P/E ratio?
Rocket Lab USA Inc.'s P/E ratio is -230.1. The Industrials sector median is 22.5.
What sector is Rocket Lab USA Inc. in?
Rocket Lab USA Inc. is assigned to the Industrials sector. Its rank within the sector is 34.4 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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