Rocket Lab (STU:6RJ0) EBIT: €-160.1 Mil (TTM As of Mar. 2026)


STU:6RJ0 Rocket Lab Corp STU:6RJ0
49 GF Score
Price €88.40
GF Value €23.59
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Rocket Lab EBIT?

Rocket Lab STU:6RJ0 -0.67% 49 EBIT is €-160.1 Mil as of Mar. 2026. GuruFocus rates STU:6RJ0 with a GF Score™ of 49/100 and a GF Value™ of €23.59 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Rocket Lab's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €-39.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €-160.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rocket Lab's annualized ROC % for the quarter that ended in Mar. 2026 was -17.40%. Rocket Lab's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -42.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rocket Lab's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.30%.


Rocket Lab  (STU:6RJ0) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Rocket Lab's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-193.652 * ( 1 - 3.83% )/( (1016.345 + 1123.818)/ 2 )
=-186.2351284/1070.0815
=-17.40 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1985.104 - 100.602 - ( 868.157 - max(0, 285.643 - 1166.175+868.157))
=1016.345

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2439.249 - 118.832 - ( 1196.599 - max(0, 348.028 - 1557.313+1196.599))
=1123.818

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Rocket Lab's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-157.568/( ( (361.873 + max(-59.348, 0)) + (388.115 + max(-74.035, 0)) )/ 2 )
=-157.568/( ( 361.873 + 388.115 )/ 2 )
=-157.568/374.994
=-42.02 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.307 + 135.28 + 57.708) - (100.602 + 166.904 + 18.137)
=-59.348

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(64.836 + 158.421 + 50.736) - (118.832 + 208.821 + 20.375)
=-74.035

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Rocket Lab's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-160.112/53811.830
=-0.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rocket Lab EBIT Related Terms


Rocket Lab EBIT Historical Data

* Premium members only.

The historical data trend for Rocket Lab's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rocket Lab EBIT Chart

Rocket Lab Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -90.32 -118.14 -148.00 -155.89 -170.29

Rocket Lab Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -50.54 -52.98 -50.06 -17.68 -39.39

STU:6RJ0 vs LHX, HEI.A, AXON: EBIT Comparison

For the Aerospace & Defense subindustry, Rocket Lab's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rocket Lab EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rocket Lab's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rocket Lab's EV-to-EBIT falls into.


STU:6RJ0
49GF Score
Rocket Lab Corp STU:6RJ0
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rocket Lab EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-160.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €-160.1 Mil mean?
Rocket Lab (STU:6RJ0) has a EBIT of €-160.1 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rocket Lab.
Is Rocket Lab's EBIT too high?
Rocket Lab's current EBIT is €-160.1 Mil. Overall, Rocket Lab has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rocket Lab's EBIT compare to LHX and HEI.A?
Rocket Lab's EBIT of €-160.1 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rocket Lab. Rocket Lab's current EBIT is €-160.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rocket Lab stock overvalued right now?
Based on GuruFocus' analysis, Rocket Lab (STU:6RJ0) is currently considered Significantly Overvalued. The stock's GF Value™ is €23.59, compared to a current price of €88.40 — trading 274.7% above its estimated fair value. The current EBIT is €-160.1 Mil. Rocket Lab's overall GF Score™ is 49/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Rocket Lab (STU:6RJ0), the current EBIT is €-160.1 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rocket Lab (STU:6RJ0) Overvalued in 2026?

Based on GuruFocus' analysis, Rocket Lab stock appears to be overvalued. The current stock price of €88.40 is trading 274.7% above its estimated GF Value™ of €23.59. GuruFocus considers Rocket Lab to be Significantly Overvalued.

Key valuation signals for STU:6RJ0:

  • EBIT: €-160.1 Mil
  • GF Value™: €23.59 vs. price of €88.40 (274.7% above fair value)
  • GF Score™: 49/100 with 1 warning sign

No single metric tells the full story. See the STU:6RJ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rocket Lab Business Description

Other Exchanges RKLB:USA1RKLB:Italy
Address 3881 McGowen Street, Long Beach, CA, USA, 90808
Rocket Lab Corp is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defense, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered multiple satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments Launch Services and Space Systems. Geographically it serves Japan, and rest of the world and earns key revenue from the United States.
49GF Score

Get the complete analysis for STU:6RJ0

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€88.40
Price
€23.59
GF Value