Total Debt for Rocket Lab USA (RKLB)
According to Rocket Lab USA's latest reported financial statements, the company's latest reported total debt is $136.95M USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

RKLB
Currently viewingTotal DebtSwitch metric
Latest period
$136.95M
YoY change
-45.8%
5Y CAGR
+56.2%
Peak year (2024)
$468.42M
Latest annual
$253.96M
Total Debt history chart for Rocket Lab USA (RKLB) from 2019 to 2025
Total Debt history table for Rocket Lab USA (RKLB) from 2019 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $253.96M | -45.8% | -$214.47M | ||
| 2024 | $468.42M | +165.1% | +$291.73M | ||
| 2023 | $176.69M | +15.6% | +$23.91M | ||
| 2022 | $152.78M | +19.0% | +$24.36M | ||
| 2021 | $128.43M | +370.4% | +$101.13M | ||
| 2020 | $27.30M | +4.9% | +$1.27M | ||
| 2019 | $26.02M | — | — |
Total Debt values are taken from Rocket Lab USA's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Rocket Lab USA (RKLB) most recent annual total debt stands at $253.96M (2025) – plunged 45.8% year-over-year.
Across 2020–2025 (5 years), Rocket Lab USA total debt produced a CAGR of +56.2% – with the latest reading among the more recent periods of the dataset.
$468.42M stands as the all-time-high annual total debt, posted in 2024, against a low of $26.02M during 2019.
Rocket Lab USA (RKLB) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $35.66B.
Rocket Lab USA Total Debt by Year
Rocket Lab USA Total Debt 2025: $253.96M
Rocket Lab USA total debt in 2025 was $253.96M, plunged 45.8% below 2024.
Rocket Lab USA Total Debt 2024: $468.42M
Rocket Lab USA total debt in 2024 was $468.42M, surged 165.1% from 2023. This figure represents the highest annual value in the available history.
Rocket Lab USA Total Debt 2023: $176.69M
Rocket Lab USA total debt in 2023 was $176.69M, grew 15.6% from 2022.
Rocket Lab USA Total Debt 2022: $152.78M
Rocket Lab USA total debt in 2022 was $152.78M, grew 19.0% from 2021.
Rocket Lab USA Total Debt 2021: $128.43M
Rocket Lab USA total debt in 2021 was $128.43M.
See more financial history for Rocket Lab USA (RKLB).
Sector peers — Total Debt
Companies in the same sector as Rocket Lab USA, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Deere & Company (DE) | $63.94B | Industrials |
| Boeing (BA) | $54.43B | Industrials |
| Caterpillar (CAT) | $43.33B | Industrials |
| RTX (RTX) | $39.51B | Industrials |
| Union Pacific (UNP) | $31.81B | Industrials |
| GE Aerospace (GE) | $20.49B | Industrials |
| Eaton Corporation (ETN) | $11.17B | Industrials |
| Vertiv Holdings (VRT) | $3.40B | Industrials |
Frequently asked questions
What is Rocket Lab USA's total debt?
Latest reported total debt for Rocket Lab USA (RKLB) is $136.95M (period ending March 31, 2026).
How has Rocket Lab USA total debt changed year-over-year?
Rocket Lab USA (RKLB) total debt changed -45.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Rocket Lab USA total debt?
Rocket Lab USA (RKLB) total debt compound annual growth rate is +56.2% over the most recent 5 years available.
When did Rocket Lab USA total debt hit its highest annual value?
Rocket Lab USA total debt reached its highest annual value of $468.42M in 2024.
What was Rocket Lab USA total debt in 2024?
Rocket Lab USA (RKLB) total debt in 2024 was $468.42M.
What was Rocket Lab USA total debt in 2025?
Rocket Lab USA (RKLB) total debt in 2025 was $253.96M.
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