This source from 1995 says rail gun efficiency is 47%:

https://ieeexplore.ieee.org/document/364679

Abstract: Railgun launchers must be energy efficient to realize use in
practical systems, especially mobile applications which require compact
power supplies. This paper shows that railgun launcher efficiency has
already been demonstrated at 47 percent at launch kinetic energies up to 8
MJ. Improvements in armature performance have made this performance level
possible. Foreseeable improvements in armatures and power supply-launcher
integration will push launcher efficiencies to at least 66 percent.

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