Rocket Lab Corp (RKLB) Factsheet

Rocket Lab Corp (RKLB) Stock Analysis

Analysis from 10-Q filed 2026-11-09. Data as of Q3 2026.

Overall Grade: F (Concerning)

Grade F (Concerning). ROIC -9.3%. FCF margin -36.9%. D/E 0.0x. Source: 10-Q filed 2026-11-09.

Metric	Value	Context
ROIC	-9.3%	Below expectations
FCF Margin	-36.9%	Cash flow pressure
Debt/Equity	0.0x	Conservative leverage

ROIC -9.3% — Bottom 25% of sector peers. FCF margin -36.9% — Bottom 10%.

Explore Rocket Lab Corp: Earnings History | Overview

Programmatic access: Available via MCP at mcp.metricduck.com. Tools for RKLB: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_section, get_metric_history, compare_companies, screen_filing_signals.

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Profitability: Rocket Lab Corp earns -9.3% ROIC, Bottom 25% in Industrials

ROIC TTM -9.3%, sector median 7.2%, Bottom 25%. DuPont: NOPAT margin -30.1% × asset turnover 0.3x. Gross margin 36.2%. Operating margin -27.6%. Source: 10-Q filed 2026-11-09.

Metric	RKLB	Rating	Context
Return on Invested Capital (ROIC)	-9.3%	Red flag	Below sector median of 7.2%
Return on Equity (ROE)	-8.2%	Red flag	Moderate equity returns
Gross Margin	36.2%	Good	Competitive pricing environment
Operating Margin	-27.6%	Warning	Moderate operational efficiency

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Cash Flow: Rocket Lab Corp generates $-325.6M FCF at -36.9% margin, positive NaN/8 quarters

FCF TTM $-325.6M. FCF margin -36.9%, Bottom 10%. OCF/Net income 0.8x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2026-11-09.

Metric	RKLB	Rating	Context
Free Cash Flow Margin	-36.9%	Red flag	Thin cash margins
Free Cash Flow (TTM)	$-325.6M	Red flag	Cash burn
OCF/Net Income	0.8x	Good	Potential accrual concerns
FCF Consistency (8Q)	N/A	Warning	Variable cash flow

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Balance Sheet: Rocket Lab Corp at 0.0x leverage, -33.9x interest coverage

Debt/Equity 0.0x. Net cash $4.6B. Interest coverage -33.9x. Source: 10-Q filed 2026-11-09.

Metric	RKLB	Rating	Context
Debt to Equity	0.0x	Excellent	Conservative capital structure
Net Cash Position	$4.6B	Excellent	Net cash positive
Interest Coverage	-33.9x	Warning	Monitor debt obligations

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Valuation: Rocket Lab Corp trades at -180.5x earnings

P/E -180.5x. EV/Sales 41.2x. FCF yield -0.8%. Source: 10-Q filed 2026-11-09.

Metric	RKLB	Rating	Context
P/E Ratio	-180.5x	Red flag	Reasonable valuation
EV/Sales	41.2x	Warning	Growth premium priced in
FCF Yield	-0.8%	Warning	Lower cash yield

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Capital Allocation: Rocket Lab Corp returns 0.0% shareholder yield

Total shareholder yield 0.0%. Share count +28.8% YoY. Capital returned $0 TTM. Source: 10-Q filed 2026-11-09.

Metric	RKLB	Rating	Context
Total Shareholder Yield	0.0%	Warning	Dividend + buyback yield combined
Share Count Change (YoY)	28.8%	Warning	Net dilution from issuance/SBC
Total Capital Returned (TTM)	$0	Adequate	Dividends + buybacks returned to shareholders

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Sector Rankings

Metric	Value	Percentile	vs Median
Return on Invested Capital (ROIC)	-9.3%	Bottom 25%	-1.3x below
Free Cash Flow Margin	-36.9%	Bottom 10%	-5.9x below
Gross Margin	36.2%	Top 50%	1.1x above
Operating Margin	-27.6%	Bottom 10%	-4.0x below
Return on Equity (ROE)	-8.2%	Bottom 25%	-0.8x below

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Financial Scorecard

Metric	RKLB	Rating	Sector Context
Return on Invested Capital (ROIC)	-9.3%	Red flag	Bottom 25% of sector (median: 7.2%)
Free Cash Flow Margin	-36.9%	Red flag	Bottom 10% of sector (median: 6.3%)
Gross Margin	36.2%	Good	Top 50% of sector (median: 32.1%)
Debt to Equity Ratio	0.0%	Excellent	Conservative capital structure
Free Cash Flow Yield	-0.8%	Red flag	Growth-focused valuation

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Frequently Asked Questions

Q: What is Rocket Lab Corp's Return on Invested Capital (ROIC)?

Rocket Lab Corp (RKLB) has a trailing twelve-month Return on Invested Capital (ROIC) of -9.3%. The 8-quarter median ROIC is -12.3% with a improving trend. Sector median 7.2%. Source: 10-Q filed 2026-11-09.

Q: What is Rocket Lab Corp's Free Cash Flow Margin?

Rocket Lab Corp (RKLB) has a free cash flow margin of -36.9%, generating $-325.6 million in free cash flow over the trailing twelve months. Source: 10-Q filed 2026-11-09.

Q: What is Rocket Lab Corp's P/E ratio and how does it compare to peers?

Rocket Lab Corp (RKLB) trades at a P/E ratio of -180.5x, which is above the sector median of N/A. EV/Sales 41.2x. Source: 10-Q filed 2026-11-09.

Q: What is Rocket Lab Corp's revenue and earnings growth?

Rocket Lab Corp (RKLB) grew revenue by 59.0% year-over-year. EPS +4.3% YoY. Source: 10-Q filed 2026-11-09.

Q: How does Rocket Lab Corp compare to competitors in Industrials?

Compared to other companies in Industrials, Rocket Lab Corp (RKLB) shows: ROIC -9.3%, sector median 7.2% (Bottom 25%). FCF margin -36.9%, sector median 6.3% (Bottom 10%). Gross margin 36.2%, 4.2pp above sector median. These rankings are based on MetricDuck's analysis of all Industrials companies with available SEC filings.

Q: What warning signs should I watch for with Rocket Lab Corp?

Quantitative warning flags for Rocket Lab Corp (RKLB): 1) FCF margin -36.9% (below 5%). Source: 10-Q filed 2026-11-09.

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Data Source: Data sourced from 10-Q filed 2026-11-09. TTM metrics as of Q3 2026.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.