FLS vs. RKLB: Flowserve vs. Rocket Lab Stock Comparison
How do Flowserve (FLS) and Rocket Lab (RKLB) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Flowserve (FLS) and Rocket Lab (RKLB) both fall under the Capital Goods industry group, but FLS is classified in Machinery while RKLB is classified in Aerospace & Defense.
Flowserve (FLS) has more than two decades of public-market history since March 17, 1980, whereas Rocket Lab (RKLB) listed on November 24, 2020 and has a much shorter record to draw on.
| Profile Item | FLS | RKLB |
|---|---|---|
| Name | Flowserve Corporation | Rocket Lab Corporation |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Aerospace & Defense |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Aerospace & Defense |
| Market Capitalization | 10.19 billion USD | 33.93 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | March 17, 1980 | November 24, 2020 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FLS | RKLB |
|---|---|---|
| Total Return (1Y) | 24.11% | 12.96% |
| Total Return (3Y, Annualized) | 33.68% | 138.86% |
| Total Return (5Y, Annualized) | 22.48% | 31.49% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Rocket Lab (RKLB) carries a highly aggressive beta of 3.14, indicating much higher sensitivity to broad-market moves, whereas Flowserve (FLS) is closer to market-like at 1.24 — a noticeable difference in market-sensitivity profile.
| Metric | FLS | RKLB |
|---|---|---|
| Volatility (1Y, Annualized) | 42.18% | 95.71% |
| Beta (5Y) | 1.24 | 3.14 |
| Max Drawdown (5Y) | -38.76% | -78.32% |
| Avg. Volume (3M) | 1.61M | 19.51M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FLS | RKLB |
|---|---|---|
| Sharpe Ratio (1Y) | 0.47 | 0.09 |
| Sortino Ratio (1Y) | 0.70 | 0.14 |
Profitability
ROE (TTM)
Rocket Lab (RKLB) reports a negative ROE of -7.92%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Flowserve (FLS) reports 11.61%, ranking against industry peers normally.
FLS
Capital Goods industry group
11.61%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- FLS
- 11.61%
- Q1
- 4.08%
- Min
- -17.12%
RKLB
Capital Goods industry group
-7.92%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- RKLB
- -7.92%
- Min
- -17.12%
Net Margin (TTM)
Rocket Lab (RKLB) reports a negative net margin of -21.51%, usually indicating a net loss over the period. Meanwhile Flowserve (FLS) reports 5.42%, ranking against industry peers normally.
FLS
Capital Goods industry group
5.42%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- FLS
- 5.42%
- Q1
- 1.40%
- Min
- -12.89%
RKLB
Capital Goods industry group
-21.51%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
- RKLB
- -21.51%
Operating Margin (TTM)
Rocket Lab (RKLB) reports a negative operating margin of -24.57%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Flowserve (FLS) reports 13.45%, ranking against industry peers normally.
FLS
Capital Goods industry group
13.45%
- Max
- 36.60%
- Q3
- 18.33%
- FLS
- 13.45%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
RKLB
Capital Goods industry group
-24.57%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
- RKLB
- -24.57%
Profitability Metrics
| Metric | FLS | RKLB |
|---|---|---|
| ROE (TTM) | 11.61% | -7.92% |
| ROA (TTM) | 6.36% | -4.62% |
| Net Margin (TTM) | 5.42% | -21.51% |
| Operating Margin (TTM) | 13.45% | -24.57% |
| Gross Margin (TTM) | 35.30% | 37.26% |
Growth
Revenue Growth
Rocket Lab (RKLB) at 37.96% sits in the top revenue growth quartile, while Flowserve (FLS) at 3.76% is closer to the peer norm — faster top-line expansion for RKLB.
EPS Growth
Only one side can be read here: Flowserve (FLS) reports EPS growth of 23.36%, ranked against its industry; Rocket Lab (RKLB) has no EPS growth figure this period.
Growth Metrics
| Metric | FLS | RKLB |
|---|---|---|
| Revenue Growth (YoY) | 3.76% | 37.96% |
| Revenue Growth (3Y CAGR) | 9.37% | 41.82% |
| EPS Growth (YoY) | 23.36% | -- |
| EPS Growth (3Y CAGR) | 22.39% | -- |
Financial Strength
Current Ratio (MRQ)
Flowserve (FLS) at 2.10 keeps current ratio within its industry’s typical mid-range, while Rocket Lab (RKLB) at 5.48 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
FLS
Capital Goods industry group
2.10
- Max
- 5.22
- Q3
- 2.95
- FLS
- 2.10
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
RKLB
Capital Goods industry group
5.48
- RKLB
- 5.48
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Rocket Lab (RKLB) at 0.04 keeps leverage in the lower industry quartile, while Flowserve (FLS) at 0.95 runs a more typical debt-to-equity mix.
FLS
Capital Goods industry group
0.95
- Max
- 2.33
- Q3
- 1.12
- FLS
- 0.95
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
RKLB
Capital Goods industry group
0.04
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- RKLB
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | FLS | RKLB |
|---|---|---|
| Current Ratio (MRQ) | 2.10 | 5.48 |
| Debt / Equity (MRQ) | 0.95 | 0.04 |
| Net Debt / EBITDA | 2.08 | -- |
Dividends
Dividend Yield (TTM)
Rocket Lab (RKLB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Flowserve (FLS) reports a yield of 1.11%, ranking against industry peers normally.
FLS
Capital Goods industry group
1.11%
- Max
- 2.66%
- Q3
- 1.14%
- FLS
- 1.11%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
RKLB
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- RKLB
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Rocket Lab (RKLB) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Flowserve (FLS) reports a payout of 43.50%, ranking against industry peers normally.
FLS
Capital Goods industry group
43.50%
- Max
- 67.39%
- FLS
- 43.50%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
RKLB
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- RKLB
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FLS | RKLB |
|---|---|---|
| Dividend Yield (TTM) | 1.11% | 0.00% |
| Dividend Payout Ratio (TTM) | 43.50% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Flowserve (FLS) trades at 40.19 times trailing earnings, ranked against its peers, while Rocket Lab (RKLB) has no P/E ratio this period.
FLS
Capital Goods industry group
40.19
- Max
- 59.38
- FLS
- 40.19
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
RKLB
Capital Goods industry group
--
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
- RKLB
- --
P/S Ratio (TTM)
Flowserve (FLS) at 2.17 prices around its industry’s typical P/S ratio, while Rocket Lab (RKLB) at 44.12 clears its benchmark range — RKLB looks notably rich on sales.
FLS
Capital Goods industry group
2.17
- Max
- 7.54
- Q3
- 3.76
- FLS
- 2.17
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
RKLB
Capital Goods industry group
44.12
- RKLB
- 44.12
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Flowserve (FLS) at 4.40 is valued about in line with its industry on P/B ratio, while Rocket Lab (RKLB) at 9.09 carries an above-peer premium to book — RKLB is pricier on assets.
FLS
Capital Goods industry group
4.40
- Max
- 9.66
- Q3
- 5.00
- FLS
- 4.40
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
RKLB
Capital Goods industry group
9.09
- Max
- 9.66
- RKLB
- 9.09
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | FLS | RKLB |
|---|---|---|
| P/E Ratio (TTM) | 40.19 | -- |
| P/S Ratio (TTM) | 2.17 | 44.12 |
| P/B Ratio (MRQ) | 4.40 | 9.09 |
| Free Cash Flow Yield (TTM) | 3.62% | -0.74% |