Astronics vs Rocket Lab
Astronics is the larger business, with $862m of revenue in fiscal 2025 against $602m for Rocket Lab (1.4 times as much). Rocket Lab grew faster (38.0% against 8.4%). Astronics kept more of each dollar of sales as profit: a net margin of 3.4% against -32.9%.
| Latest fiscal year | AstronicsATRO, 2025 | Rocket LabRKLB, 2025 |
|---|---|---|
| Revenue | $862m | $602m |
| Revenue growth | 8.4% | 38.0% |
| Net income | $29.4m | −$198m |
| Operating margin | — | -38.0% |
| Net margin | 3.4% | -32.9% |
| Return on equity | 14.8% | -18.8% |
| Free cash flow | $43.1m | −$322m |
| Cash | $18.2m | $829m |
| Total debt | $334m | $152m |
| Debt to equity | — | 8.9% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 2,700 | 2,600 |
| Market value | $2.85bn | $32.09bn |
| Price vs our value range | Above our value range | — |
| Moat score | 23 (Weak) | 12 (Weak) |
| Insider trades, 12 months | 0 buys, 1 sales | 0 buys, 216 sales |