Rocket Lab USA Inc.

Rocket Lab USA Inc.

RKLB · NASDAQ · Industrials / Aerospace & Defense

61.53USD-2.54 (-3.96%)

Price History

Full chart

Market Stats

Previous Close64.07
Open63.71
Day Range59.76 – 64.46
52-Week Range37.57 – 151.00
Volume13.03M
Market Cap37.84B
P/E (TTM)0.00
Forward P/E1111.11
EPS-0.25
Dividend Yield0.00%
Beta2.94
50-Day Avg70.12
200-Day Avg81.43

About

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.

Company Details

  • SectorIndustrials
  • IndustryAerospace & Defense
  • CEOSir Peter Beck
  • Employees2.60K
  • Headquarters3881 McGowen Street, Long Beach, CA, United States, 90808, USA
  • Websitehttps://rocketlabcorp.com

Leadership

  • Sir Peter BeckFounder, Chairman, President & CEO · b. 1977
  • Mr. Adam C. SpiceCFO & Treasurer · b. 1969
  • Mr. Frank KleinChief Operations Officer · b. 1973
  • Mr. Arjun L. Kampani J.D.Senior VP, General Counsel & Corporate Secretary · b. 1972
  • Mr. Agostino Ricupati CPAVP, Corporate Controller & Chief Accounting Officer · b. 1967
  • Ms. Morgan Bailey ConnaughtonVice President of Marketing & Communications
  • Ms. Connie LundgrenVice President of People & Culture
  • Mr. Shaun O'DonnellChief Engineer of Special Projects · b. 1978
  • Mr. Ehson MoslehSpace Systems Chief Engineer
  • Mr. Marvin Bradford Clevenger Ph.D.President of Rocket Lab USA Inc.

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue48.40M35.16M62.24M211.00M244.59M436.21M601.80M
Growth (%)--27.35%+77.01%+239.02%+15.92%+78.34%+37.96%
Cost of Revenue49.48M46.98M64.13M192.01M193.18M320.06M394.62M
Gross Profit-1.08M-11.82M-1.89M18.99M51.41M116.15M207.18M
Gross Margin-2.22%-33.61%-3.04%9.00%21.02%26.63%34.43%
Operating Expense31.82M43.13M100.16M154.19M229.33M305.95M436.02M
Operating Income-32.89M-54.95M-102.05M-135.20M-177.92M-189.80M-228.84M
Operating Margin-67.96%-156.29%-163.97%-64.08%-72.74%-43.51%-38.03%
EBITDA-28.02M-45.61M-107.86M-95.20M-144.93M-151.80M-155.47M
EBITDA Margin-57.90%-129.73%-173.31%-45.12%-59.25%-34.80%-25.83%
Net Income-30.36M-55.01M-117.32M-135.94M-182.57M-190.18M-198.21M
Net Income Margin-62.73%-156.44%-188.51%-64.43%-74.64%-43.60%-32.94%
R&D12.73M19.14M41.77M65.17M119.05M174.39M270.72M
R&D as % of Total Revenue26.30%54.44%67.11%30.89%48.67%39.98%44.98%
Interest Expense0417.00K6.13M7.80M4.25M3.95M26.49M
Interest Expense % of Total Revenue0.00%1.19%9.85%3.70%1.74%0.91%4.40%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets195.19M187.87M980.85M989.12M941.21M1.18B2.32B
Total Liabilities57.97M354.58M282.40M315.92M386.67M801.89M602.62M
Total Equity137.22M-166.71M698.45M673.21M554.54M382.45M1.72B
Cash95.88M52.79M690.96M242.51M162.52M271.04M828.66M
Total Debt26.02M35.72M128.43M152.78M176.69M468.42M253.96M
Net Debt-69.85M-25.49M-562.53M-89.73M14.17M197.38M-574.71M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-21.61M-27.76M-71.79M-106.54M-98.87M-48.89M-165.52M
Investing Cash Flow-24.32M-37.33M-92.13M-346.08M12.02M-98.33M-347.40M
Financing Cash Flow-83.00K21.48M799.94M2.04M7.37M256.68M1.07B
Capital Expenditure24.32M25.12M25.70M42.41M54.71M67.09M156.28M
Free Cash Flow-45.92M-52.88M-97.49M-148.95M-153.57M-115.98M-321.81M
Dividends Paid--11.57M31.61M---
FCF to OCF212.55%190.50%135.80%139.81%155.33%237.23%194.42%
Dividend Paid to FCF---11.87%-21.22%---

Earnings

Report DateMar 31, 2020Jun 30, 2020Nov 16, 2020Mar 31, 2021May 24, 2021Sep 8, 2021Nov 15, 2021Feb 28, 2022May 16, 2022Aug 11, 2022Nov 9, 2022Feb 28, 2023May 9, 2023Aug 8, 2023Nov 8, 2023Feb 27, 2024May 6, 2024Aug 8, 2024Nov 12, 2024Feb 27, 2025May 8, 2025Aug 7, 2025Nov 10, 2025Feb 26, 2026May 7, 2026Aug 10, 2026Nov 9, 2026
EPS Estimate0.000.000.00----0.12-0.05-0.05-0.03-0.05-0.07-0.08-0.07-0.05-0.10-0.08-0.10-0.08-0.09-0.12-0.11-0.06-0.08-0.04-0.07-0.05
EPS Actual-1.76-1.110.00-0.01-0.59-0.21-0.390.01-0.06-0.04-0.03-0.08-0.06-0.05-0.04-0.10-0.06-0.08-0.07-0.10-0.12-0.13-0.02-0.10-0.02-0.06-
Surprise-------225.00%120.00%-20.00%-33.33%40.00%-14.29%25.00%28.57%20.00%0.00%25.00%20.00%12.50%-11.11%0.00%-18.18%66.67%-25.00%50.00%14.29%-
Timing-----After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap37.84B
Enterprise Value42.79B
Trailing P/E0.00
Forward P/E1111.11
Price / Sales49.20
Price / Book12.87
EPS-0.25
Book Value5.84
Revenue (TTM)769.15M
Gross Profit (TTM)286.62M
EBITDA-150.52M
Profit Margin-21.51%
Operating Margin-24.57%
Return on Equity-7.92%
Return on Assets-4.62%
Shares Outstanding598.46M
Shares Float556.86M
Beta2.94
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 22 analystsTarget 105.05
  • Strong Buy
    13
  • Buy
    5
  • Hold
    4

Ownership Breakdown

Institutions
62.03%
Insiders
0.80%
Retail / Other
37.17%

Top Institutional Holders

  • BlackRock Inc
    40.58M6.35%
  • Vanguard Portfolio Management, LLC
    27.12M4.24%
  • Vanguard Capital Management, LLC
    25.30M3.96%
  • Amvescap Plc.
    18.34M2.87%
  • State Street Corp
    14.44M2.26%
  • JPMorgan Chase & Co
    13.81M2.16%
  • Geode Capital Management, LLC
    10.50M1.64%
  • Baillie Gifford & Co Limited.
    10.38M1.62%
  • Capital World Investors
    7.37M1.15%
  • Morgan Stanley - Brokerage Accounts
    6.90M1.08%
  • The Goldman Sachs Group Inc
    5.56M0.87%
  • NORGES BANK
    5.44M0.85%
  • Bank of America Corp
    4.30M0.67%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    18.39M2.88%
  • Vanguard MStar Mid Cap Index Instl
    12.52M1.96%
  • Invesco QQQ Trust
    12.50M1.95%
  • Vanguard MStar Growth Index Investor
    6.58M1.03%
  • iShares US Aerospace & Defense ETF
    5.18M0.81%
  • Vanguard MStar Mid Cap Growth ETF
    4.45M0.70%
  • American Funds Growth Fd of Amer A
    3.81M0.60%