Rocket Lab (RKLB) FCF Margin (2020 - 2026)

Rocket Lab (RKLB) posted quarterly FCF Margin of 35.67% for Q1 2026, up 3197.0% year-over-year from 1.08% in Q1 2025, and up 43.88% on a QoQ basis from 63.56% in Q4 2025.

Rocket Lab (RKLB) FCF Margin (2020 - 2026) Analysis & Trends

Rocket Lab (RKLB) has reported FCF Margin for 7 consecutive years, with 35.67% the latest figure, recorded in Q1 2026.

  • In Q1 2026, FCF Margin rose 3197.0% year-over-year to 35.67%; the TTM figure through Mar 2026 stood at 45.67% (down 766.0% YoY), while the FY2025 annual figure was 53.47%, down 2689.0% from the prior year.
  • FCF Margin came in at 35.67% for Q1 2026 at Rocket Lab, up from 63.56% in the prior quarter.
  • The five-year high for FCF Margin was 18.08% in Q4 2024, with the low at 92.09% in Q2 2022.
  • Average FCF Margin over 5 years is 52.81%, with a median of 49.71% recorded in 2022.
  • Across the five-year window, FCF Margin soared 31047 bps in 2022 and tumbled 4548 bps in 2025, its largest moves.
  • Year by year, FCF Margin stood at 65.57% in 2022, then slumped by 34 bps to 87.73% in 2023, then soared by 79 bps to 18.08% in 2024, then slumped by 251 bps to 63.56% in 2025, then jumped by 44 bps to 35.67% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 35.67%, 63.56%, and 44.77% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn -6.54%
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 5.93%
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 14.48%
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -1.61%
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 15.52%
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 2.52%
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn -18.45%
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -35.67%
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn -3.38%
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 19.91%

Historic Data

Download Data
DateValue
Mar 31, 2026 -35.67%
Dec 31, 2025 -63.56%
Sep 30, 2025 -44.77%
Jun 30, 2025 -38.26%
Mar 31, 2025 -67.64%
Dec 31, 2024 -18.08%
Sep 30, 2024 -40.01%
Jun 30, 2024 -26.68%
Mar 31, 2024 -23.46%
Dec 31, 2023 -87.73%
Sep 30, 2023 -68.35%
Jun 30, 2023 -26.81%
Mar 31, 2023 -69.33%
Dec 31, 2022 -65.57%
Sep 30, 2022 -49.71%
Jun 30, 2022 -92.09%
Mar 31, 2022 -80.05%
Dec 31, 2021 -131.62%
Sep 30, 2021 -360.19%
Jun 30, 2021 -201.74%