RKLBW (Rocket Lab USA) FCF Margin %: -38.63% (As of Mar. 2026)


RKLBW Rocket Lab USA Inc RKLBW
71 GF Score
Price $2.26
! 1 Warning Sign
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What is Rocket Lab USA FCF Margin %?

Rocket Lab USA RKLBW 71 FCF Margin % is -38.63% as of Mar. 2026. GuruFocus rates RKLBW with a GF Score™ of 71/100. The stock has 1 warning sign investors should review. Among 347 Aerospace & Defense companies, Rocket Lab USA ranks worse than 86.17% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Rocket Lab USA's Free Cash Flow for the three months ended in Mar. 2026 was $-77.40 Mil. Rocket Lab USA's Revenue for the three months ended in Mar. 2026 was $200.35 Mil. Therefore, Rocket Lab USA's FCF Margin % for the quarter that ended in Mar. 2026 was -38.63%.

As of today, Rocket Lab USA's current FCF Yield % is -0.59%.

The historical rank and industry rank for Rocket Lab USA's FCF Margin % or its related term are showing as below:


During the past 6 years, the highest FCF Margin % of Rocket Lab USA was -26.59%. The lowest was -156.64%. And the median was -66.69%.

RKLBW's FCF Margin % is not ranked *
in the Aerospace & Defense industry.
Industry Median: 0.64
* Ranked among companies with meaningful FCF Margin % only.

Rocket Lab USA FCF Margin % Related Terms

Rocket Lab USA FCF Margin % Historical Data

* Premium members only.

The historical data trend for Rocket Lab USA's FCF Margin % 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 USA FCF Margin % Chart

Rocket Lab USA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial -156.64 -70.59 -62.79 -26.59 -53.47

Rocket Lab USA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 -67.64 -38.26 -44.77 -63.56 -38.63

RKLBW vs NOC, GD, TDG: FCF Margin % Comparison

For the Aerospace & Defense subindustry, Rocket Lab USA's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 USA FCF Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rocket Lab USA's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Rocket Lab USA's FCF Margin % falls into.


RKLBW
71GF Score
Rocket Lab USA Inc RKLBW
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Rocket Lab USA FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Rocket Lab USA's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-321.806/601.799
=-53.47 %

Rocket Lab USA's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-77.397/200.348
=-38.63 %

* 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 FCF Margin % →
What does a FCF Margin % of -38.63% mean?
Rocket Lab USA (RKLBW) has a FCF Margin % of -38.63% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Rocket Lab USA and its competitors. According to the industry distribution chart, Rocket Lab USA ranks #299 out of 347 companies in the Aerospace & Defense industry, placing it in the top 86.2%.
Is Rocket Lab USA's FCF Margin % too high?
Rocket Lab USA's current FCF Margin % is -38.63%. Based on the distribution chart, Rocket Lab USA ranks #299 out of 347 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Rocket Lab USA has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Rocket Lab USA's FCF Margin % compare to NOC and GD?
According to the Aerospace & Defense industry distribution chart, Rocket Lab USA ranks #299 out of 347 companies for FCF Margin %. This places Rocket Lab USA in the lower half of its industry. The industry median FCF Margin % is 0.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Aerospace & Defense company?
The median FCF Margin % among Aerospace & Defense companies is 0.64, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Rocket Lab USA and its competitors. For the Aerospace & Defense industry, the median FCF Margin % is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rocket Lab USA's current FCF Margin % is -38.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rocket Lab USA stock overvalued right now?
Rocket Lab USA (RKLBW) has a current FCF Margin % of -38.63%. The current FCF Margin % is -38.63%. Rocket Lab USA's overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Rocket Lab USA (RKLBW), the current FCF Margin % is -38.63% 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.

Rocket Lab USA Business Description

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.
71GF Score

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

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