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Rocket Lab USA (Rocket Lab USA) EBIT : $-175.3 Mil (TTM As of Mar. 2024)


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What is Rocket Lab USA EBIT?

Rocket Lab USA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-43.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-175.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rocket Lab USA's annualized ROC % for the quarter that ended in Mar. 2024 was -26.81%. Rocket Lab USA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -78.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rocket Lab USA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -8.03%.


Rocket Lab USA EBIT Historical Data

The historical data trend for Rocket Lab USA's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rocket Lab USA EBIT Chart

Rocket Lab USA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
-54.95 -102.05 -135.20 -177.92

Rocket Lab USA Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -44.41 -45.16 -38.86 -47.88 -43.36

Competitive Comparison of Rocket Lab USA's EBIT

For the Aerospace & Defense subindustry, Rocket Lab USA's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rocket Lab USA's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rocket Lab USA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rocket Lab USA's EV-to-EBIT falls into.



Rocket Lab USA EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-175.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rocket Lab USA  (NAS:RKLB) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Rocket Lab USA's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-172.316 * ( 1 - -0.01% )/( (645.203 + 640.382)/ 2 )
=-172.3332316/642.7925
=-26.81 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=941.211 - 51.235 - ( 244.773 - max(0, 223.373 - 476.722+244.773))
=645.203

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1181.924 - 49.02 - ( 492.522 - max(0, 232.462 - 725.623+492.522))
=640.382

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Rocket Lab USA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-173.428/( ( (219.797 + max(-0.28399999999996, 0)) + (219.784 + max(-16.624, 0)) )/ 2 )
=-173.428/( ( 219.797 + 219.784 )/ 2 )
=-173.428/219.7905
=-78.91 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(35.176 + 107.857 + 62.292) - (51.235 + 139.338 + 15.036)
=-0.28399999999996

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.167 + 99.901 + 73.774) - (49.02 + 150.535 + 21.911)
=-16.624

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Rocket Lab USA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-175.258/2182.096
=-8.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rocket Lab USA EBIT Related Terms

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Rocket Lab USA (Rocket Lab USA) Business Description

Traded in Other Exchanges
Address
3881 McGowen Street, Long Beach, CA, USA, 90808
Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defence, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered more than 100 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.
Executives
Adam C. Spice officer: Chief Financial Officer 2051 PALOMAR AIRPORT ROAD, SUITE 100, CARLSBAD CA 92011
Arjun Kampani officer: See Remarks C/O AEROJET ROCKETDYNE HOLDINGS, INC., 2001 AEROJET ROAD, RANCHO CORDOVA CA 95742
Nina Armagno director C/O ROCKET LAB USA, INC., 3881 MCGOWEN ST, LONG BEACH CA 90808
Peter Beck director, 10 percent owner, officer: President, CEO and Chairman C/O ROCKET LAB USA, INC., 3881, LONG BEACH CA 90808
Michael D Griffin director 21700 ATLANTIC BLVD, ORBITAL SCIENCES CORP, DULLES VA 20166
Shaun O'donnell officer: EVP - Global Operations C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808
Edward H. Frank director C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Alexander R Slusky director 456 MONTGOMERY STREET, 19TH FLOOR, SAN FRANCISCO CA 94104
Khosla Ventures Seed B (cf), L.p. 10 percent owner 2128 SAND HILL ROAD, MENLO PARK CA 94025
Cowan David J/ca director 50 WOODSIDE PLAZA, SUITE 720, REDWOOD CITY CA 94061
Peek Street Equatorial Trustee Ltd 10 percent owner 123 CELTIC CRESCENT, ELLERSLIE, AUCKLAND Q2 1051
Jon A Olson director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Equatorial Trust 10 percent owner 123 CELTIC CRESCENT, ELLERSLIE, AUCKLAND Q2 1051
Kerryn Beck 10 percent owner C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808
Warren Butler 10 percent owner C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808