Rocket Lab (RKLB) FCF Margin (2020 - 2026)
Rocket Lab's (RKLB) quarterly FCF Margin came in at 35.67% in Q1 2026, up 1710.0% year-on-year from 1.97% in Q1 2025, and down 210.6% quarter-over-quarter from 32.25% in Q4 2025.
Rocket Lab (RKLB) FCF Margin (2020 - 2026) Analysis & Trends
Rocket Lab's FCF Margin history runs 7 years deep, the most recent figure standing at 35.67% for Q1 2026.
- On a quarterly basis, FCF Margin rose 1710.0% year-over-year to 35.67% in Q1 2026; TTM through Mar 2026 was 23.02%, a 265.0% increase from a year earlier, with the FY2025 full-year figure at 24.87%, down 1070.0% from the prior year.
- FCF Margin declined to 35.67% in Q1 2026 per RKLB's latest filing, from 32.25% in the prior quarter.
- Across five years, FCF Margin topped out at 32.25% in Q4 2025 and bottomed at 143.71% in Q4 2023.
- The 5-year median for FCF Margin is 40.71% (2024), against an average of 41.5%.
- Across the five-year window, FCF Margin jumped 25044 bps in 2022 and tumbled 8710 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 56.6% in 2022, then plunged by 154 bps to 143.71% in 2023, then soared by 116 bps to 22.83% in 2024, then jumped by 41 bps to 32.25% in 2025, then sank by 211 bps to 35.67% in 2026.
- Per Business Quant, the three latest RKLB FCF Margin figures stand at 35.67% (Q1 2026), 32.25% (Q4 2025), and 44.77% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 373.45 Bn | 364.10 Bn | -3.10 Bn | 393.71% |
| 2 | Rtx | 288.16 Bn | 279.85 Bn | 9.91 Bn | 11.65% |
| 3 | Boeing | 167.44 Bn | 147.42 Bn | 2.41 Bn | 2.57% |
| 4 | Lockheed Martin | 132.17 Bn | 128.38 Bn | 2.45 Bn | 14.54% |
| 5 | Howmet Aerospace | 112.99 Bn | 110.56 Bn | 854.00 Mn | 19.37% |
| 6 | General Dynamics | 102.42 Bn | 98.09 Bn | 6.76 Bn | 11.68% |
| 7 | Northrop Grumman | 75.81 Bn | 73.51 Bn | 3.72 Bn | 8.99% |
| 8 | TransDigm | 72.68 Bn | 68.79 Bn | 1.51 Bn | 2.52% |
| 9 | L3Harris Technologies | 50.93 Bn | 50.34 Bn | 1.40 Bn | -3.38% |
| 10 | Rocket Lab | 39.03 Bn | 37.75 Bn | 76.49 Mn | -35.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -35.67% |
| Dec 31, 2025 | 32.25% |
| Sep 30, 2025 | -44.77% |
| Jun 30, 2025 | -50.87% |
| Mar 31, 2025 | -52.77% |
| Dec 31, 2024 | 22.83% |
| Sep 30, 2024 | -40.01% |
| Jun 30, 2024 | -40.71% |
| Mar 31, 2024 | -7.39% |
| Dec 31, 2023 | -143.71% |
| Sep 30, 2023 | -18.72% |
| Jun 30, 2023 | -26.81% |
| Mar 31, 2023 | -69.33% |
| Dec 31, 2022 | -56.60% |
| Sep 30, 2022 | -1.02% |
| Jun 30, 2022 | -92.09% |
| Mar 31, 2022 | -80.05% |
| Dec 31, 2021 | -96.30% |
| Sep 30, 2021 | -251.47% |
| Jun 30, 2021 | -187.08% |