Rocket Lab (RKLB) Return on Invested Capital [ROIC] (2021 - 2026)
Rocket Lab's Return on Invested Capital [ROIC] came in at -6.70% for Q2 2026, up 28.36 percentage points from -35.05% a year earlier and up 3.08 percentage points from the prior quarter.
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Analysis
Rocket Lab (RKLB) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Rocket Lab's Return on Invested Capital [ROIC] was -18.57%, up 15.98 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a four-year change of +11.78 percentage points (FY2021 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was -34.56% in FY2024 (-9.78 pp), -24.78% in FY2023 (-7.61 pp), -17.17% in FY2022 (+13.18 pp) and -30.36% in FY2021.
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2021.
- Year-over-year, Return on Invested Capital [ROIC] has increased for four consecutive quarters, with an average year-over-year change of +8.02 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q1 2026 (a gain of 33.65 percentage points), and the weakest in Q4 2024 (a drop of 15.05 percentage points).
- Business Quant data shows RKLB's Return on Invested Capital [ROIC] at -9.78% (Q1 2026), -13.07% (Q4 2025) and -18.23% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 334.86 Bn | 293.38 Bn | 5.02 Bn | -38.72% |
| 2 | Rtx | 256.39 Bn | 224.66 Bn | 5.81 Bn | 8.59% |
| 3 | Boeing | 137.52 Bn | 46.48 Bn | 2.17 Bn | 18.19% |
| 4 | Lockheed Martin | 130.55 Bn | 114.79 Bn | 2.44 Bn | 26.48% |
| 5 | General Dynamics | 95.65 Bn | 80.88 Bn | 2.25 Bn | 14.04% |
| 6 | Motorola Solutions | 85.05 Bn | 81.51 Bn | 1.77 Bn | 18.83% |
| 7 | Howmet Aerospace | 81.91 Bn | 77.67 Bn | 1.00 Bn | 21.46% |
| 8 | Northrop Grumman | 74.74 Bn | 62.20 Bn | 2.35 Bn | 12.20% |
| 9 | Honeywell International | 69.91 Bn | 29.43 Bn | 2.02 Bn | -6.73% |
| 10 | Rocket Lab | 33.43 Bn | 27.75 Bn | 84.58 Mn | -6.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.70% |
| Mar 31, 2026 | -9.78% |
| Dec 31, 2025 | -13.07% |
| Sep 30, 2025 | -18.23% |
| Jun 30, 2025 | -35.05% |
| Mar 31, 2025 | -43.43% |
| Dec 31, 2024 | -41.39% |
| Sep 30, 2024 | -37.41% |
| Jun 30, 2024 | -32.68% |
| Mar 31, 2024 | -29.10% |
| Dec 31, 2023 | -26.34% |
| Sep 30, 2023 | -23.79% |
| Jun 30, 2023 | -21.99% |
| Mar 31, 2023 | -19.53% |
| Dec 31, 2022 | -17.23% |
| Sep 30, 2022 | -15.21% |
| Jun 30, 2022 | -17.11% |
| Mar 31, 2022 | -14.63% |
| Dec 31, 2021 | -12.20% |
API Access
Rocket Lab Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=RKLB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "RKLB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=RKLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();