Rocket Lab
Rocket Lab returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | -9.24% | — | -7.92% | -5.76% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | -13.57% | — | -13.55% | -8.96% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | -16.14% | — | -18.84% | -11.3% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | -17.05% | — | -23.24% | -11.71% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | -21.18% | — | -40.45% | -16.87% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | -22.18% | — | -45.38% | -16.95% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | -24.29% | — | -40.59% | -17.89% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | -24.32% | — | -37.45% | -17.91% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | -21.67% | — | -33.19% | -16.31% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | -20.08% | — | -32.39% | -16.68% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | -23.05% | — | -29.74% | -18.92% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | -22.5% | — | -26.52% | -17.35% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | -20.88% | — | -24.66% | -16.45% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | -17.69% | — | -22.56% | -15.12% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | -15.81% | — | -19.82% | -13.8% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | -14.23% | — | -14% | -9.77% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | — | — | — | — | — |
| FY 2022 Q1 | Mar 31, 2022 | — | — | — | — | — | — |
| FY 2021 Q4 | Dec 31, 2021 | — | — | — | — | — | — |
| FY 2021 Q3 | Sep 30, 2021 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · RKLB, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.