Rocket Lab USA Inc. | Large-cap | Industrials
$44.69
1.09%
| Rocket Lab USA Stock Comparison:
Rocket Lab USA vs General ElectricRocket Lab USA vs RTXRocket Lab USA vs BoeingRocket Lab USA vs Lockheed MartinRocket Lab USA vs General DynamicsRocket Lab USA vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 122.6M
Gross Profit 35.2M 28.76%
Operating Income -59.2M -48.29%
Net Income -60.6M -49.45%
EPS (Diluted) $-0.12

Balance Sheet Metrics

Total Assets 1.3B
Total Liabilities 823.7M
Shareholders Equity 431.3M
Debt to Equity 1.91

Cash Flow Metrics

Operating Cash Flow -41.3M
Free Cash Flow -82.9M

Revenue & Profitability Trend

Rocket Lab USA Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i436.2M244.6M211.0M62.2M35.2M
Cost of Goods Sold i320.1M193.2M192.0M64.1M47.0M
Gross Profit i116.1M51.4M19.0M-1.9M-11.8M
Gross Margin % i26.6%21.0%9.0%-3.0%-33.6%
Operating Expenses
Research & Development i174.4M119.1M65.2M41.8M19.1M
Selling, General & Administrative i131.6M110.3M89.0M58.4M24.0M
Other Operating Expenses i-----
Total Operating Expenses i306.0M229.3M154.2M100.2M43.1M
Operating Income i-189.8M-177.9M-135.2M-102.1M-55.0M
Operating Margin % i-43.5%-72.7%-64.1%-164.0%-156.3%
Non-Operating Items
Interest Income i-----
Interest Expense i4.0M----
Other Non-Operating Income4.3M3.2M10.1M-16.7M190.0K
Pre-tax Income i-189.4M-178.9M-132.9M-124.8M-54.5M
Income Tax i764.0K3.6M3.0M-7.5M467.0K
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i-190.2M-182.6M-135.9M-117.3M-55.0M
Net Margin % i-43.6%-74.6%-64.4%-188.5%-156.4%
Key Metrics
EBITDA i-151.7M-147.7M-114.3M-75.3M-45.6M
EPS (Basic) i$-0.38$-0.38$-0.29$-0.56$-0.12
EPS (Diluted) i$-0.38$-0.38$-0.29$-0.56$-0.12
Basic Shares Outstanding i495929861481768060466214095209895135447919591
Diluted Shares Outstanding i495929861481768060466214095209895135447919591

Income Statement Trend

Rocket Lab USA Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i271.0M162.5M242.5M691.0M52.8M
Short-term Investments i147.9M82.3M229.3M0-
Accounts Receivable i36.4M35.2M36.6M14.0M2.7M
Inventory i119.1M107.9M92.3M47.9M26.1M
Other Current Assets5.0M5.2M7.6M2.1M914.0K
Total Current Assets i692.6M476.7M662.3M774.8M93.1M
Non-Current Assets
Property, Plant & Equipment i88.8M88.6M63.7M38.0M34.5M
Goodwill i200.7M210.1M221.7M144.1M17.6M
Intangible Assets i58.6M68.1M79.7M57.5M11.3M
Long-term Investments-----
Other Non-Current Assets38.5M26.3M14.6M11.5M3.5M
Total Non-Current Assets i491.7M464.5M326.8M206.1M94.8M
Total Assets i1.2B941.2M989.1M980.8M187.9M
Liabilities
Current Liabilities
Accounts Payable i53.1M29.3M12.1M3.5M3.4M
Short-term Debt i12.0M17.8M2.9M2.8M-
Current Portion of Long-term Debt-----
Other Current Liabilities18.0M15.0M22.2M11.0M7.8M
Total Current Liabilities i339.5M223.4M162.9M96.3M48.4M
Non-Current Liabilities
Long-term Debt i456.4M158.9M149.9M125.6M27.3M
Deferred Tax Liabilities i891.0K426.0K95.0K466.0K0
Other Non-Current Liabilities5.1M3.9M3.0M1.8M3.9M
Total Non-Current Liabilities i462.4M163.3M153.0M186.1M306.2M
Total Liabilities i801.9M386.7M315.9M282.4M354.6M
Equity
Common Stock i50.0K49.0K48.0K45.0K8.0K
Retained Earnings i-813.7M-623.5M-441.0M-305.0M-187.7M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i382.5M554.5M673.2M698.4M-166.7M
Key Metrics
Total Debt i468.4M176.7M152.8M128.4M27.3M
Working Capital i353.1M253.3M499.4M678.5M44.7M

Balance Sheet Composition

Rocket Lab USA Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-190.2M-182.6M-135.9M-117.3M-55.0M
Depreciation & Amortization i33.7M29.7M29.9M10.9M9.3M
Stock-Based Compensation i56.8M53.5M55.6M32.6M4.2M
Working Capital Changes i29.1M10.6M-29.1M28.0K7.1M
Operating Cash Flow i-61.2M-78.1M-74.0M-80.3M-33.6M
Investing Activities
Capital Expenditures i-67.1M-54.7M-42.4M-25.7M-25.1M
Acquisitions i0-19.0M-65.8M-66.4M-12.2M
Investment Purchases i-162.2M-207.3M-259.6M00
Investment Sales i118.4M289.3M21.7M00
Investing Cash Flow i-98.3M12.0M-346.1M-92.1M-37.3M
Financing Activities
Share Repurchases i-00-30.4M0
Dividends Paid i-----
Debt Issuance i355.0M110.0M0113.9M0
Debt Repayment i-52.1M-107.9M-271.0K-15.0M0
Financing Cash Flow i212.2M-16.1M-37.4M796.8M20.5M
Free Cash Flow i-116.0M-153.6M-149.0M-97.5M-52.9M
Net Change in Cash i52.7M-82.1M-457.5M624.4M-50.4M

Cash Flow Trend

Rocket Lab USA Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -117.61
Forward P/E -194.30
Price to Book 31.12
Price to Sales 42.48
PEG Ratio -194.30

Profitability Ratios

Profit Margin -45.87%
Operating Margin -41.27%
Return on Equity -40.45%
Return on Assets -10.13%

Financial Health

Current Ratio 2.67
Debt to Equity 72.35

Per Share Data

EPS (TTM) $-0.41
Book Value per Share $1.44
Revenue per Share $1.00

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
rklb21.4B-117.6131.12-40.45%-45.87%72.35
General Electric 291.6B39.2315.2439.57%18.64%103.37
RTX 207.3B34.043.3210.32%7.35%67.86
Boeing 173.3B-12.48-52.59303.40%-14.18%-16.88
Lockheed Martin 99.4B23.8718.5173.06%5.85%405.66
General Dynamics 84.5B21.103.5817.92%8.13%45.03

Financial data is updated regularly. All figures are in the company's reporting currency.