Rocket Lab (RKLB) Work In Process (2020 - 2024)
Rocket Lab (RKLB) recorded Work In Process of $65.19 million in Q3 2024, up 48.2% from $43.99 million a year earlier and up 24.7% from the prior quarter.
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Analysis
Rocket Lab (RKLB) Work In Process (2020 - 2024) Analysis & Trends
At the end of FY2023, Rocket Lab reported Work In Process of $53.63 million, up 5.9% from FY2022.
- Annual Work In Process has increased for three straight years, with a three-year compound annual growth rate of 64.2% (FY2020 to FY2023).
- Across earlier years, Work In Process came in at $50.66 million in FY2022 (+109.6%), $24.17 million in FY2021 (+99.5%) and $12.11 million in FY2020.
- The Q3 2024 figure is the highest quarterly Work In Process in data going back to Q4 2020.
- On a year-over-year basis, Work In Process rose in five of the last eight quarters, with growth averaging 20.0%.
- Peak year-over-year performance for Work In Process in the last five years was growth of 109.6% in Q4 2022, against a decline of 8.7% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $52.28 million (Q2 2024), $48.82 million (Q1 2024) and $53.63 million (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 298.78 Bn | 257.30 Bn | 5.02 Bn |
| 2 | Rtx | 266.98 Bn | 235.25 Bn | 5.81 Bn |
| 3 | Boeing | 148.46 Bn | 55.15 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 146.40 Bn | 130.63 Bn | 2.44 Bn |
| 5 | General Dynamics | 96.32 Bn | 83.43 Bn | 2.18 Bn |
| 6 | Motorola Solutions | 80.49 Bn | 76.84 Bn | 1.68 Bn |
| 7 | Northrop Grumman | 80.39 Bn | 67.84 Bn | 2.35 Bn |
| 8 | Howmet Aerospace | 77.71 Bn | 73.31 Bn | 951.00 Mn |
| 9 | Honeywell International | 69.50 Bn | 21.62 Bn | 3.65 Bn |
| 10 | Rocket Lab | 33.90 Bn | 28.22 Bn | 84.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 65.19 Mn |
| Jun 30, 2024 | 52.28 Mn |
| Mar 31, 2024 | 48.82 Mn |
| Dec 31, 2023 | 53.63 Mn |
| Sep 30, 2023 | 43.99 Mn |
| Jun 30, 2023 | 46.53 Mn |
| Mar 31, 2023 | 50.76 Mn |
| Dec 31, 2022 | 50.66 Mn |
| Sep 30, 2022 | 48.20 Mn |
| Jun 30, 2022 | 50.35 Mn |
| Mar 31, 2022 | 48.83 Mn |
| Dec 31, 2021 | 24.17 Mn |
| Dec 31, 2020 | 12.11 Mn |
API Access
Rocket Lab Work In Process 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=work-in-process&ticker=RKLB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=RKLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();