This study mainly explored the synthesis method of graphene sheets (GSs) and FeCo/graphene sheet (FeCo/GS) composites and evaluated the microwave absorbing characteristics of composite materials containing GSs or FeCo/GS composites. First, graphite oxide (GO) was synthesized by the modified Hummers method. The synthesized GO was further used to synthesize GSs and FeCo/GS composites. Afterward, GSs or FeCo/GS composites were mixed with silicon carbide (SiC) and natural rubber (NR) to prepare microwave absorbing materials with thicknesses of 2 mm. Finally, identification and characterization of these samples were performed by XRD, FE-SEM, TEM, TGA, ESCA, RS, AFM and VNA. GSs were synthesized successfully at a low annealing temperature of 200 degrees C, and their thicknesses were between 0.848 nm and 2.115 nm, which corresponds to 2-6 stacked layers of graphene. FeCo/GS composites were also synthesized successfully at three different annealing temperatures. The nanoparticles of metals and metal oxides were well-dispersed on the surfaces of and the spaces between GSs. It was found that adding GSs or FeCo/GS composites into the SiC/NR sample can greatly increase reflection loss (RL) and that the absorbing peak shifts to lower frequencies as the concentration of added particles increases. The optimum concentration of added GSs was 2 wt.%. The GS-200-2% sample possessed the lowest RL value of -31.27 dB at 7.6 GHz. The optimum concentration of added FeCo/GS composites was 3 wt.%. The AGS-450-3% sample possessed the lowest RL value of -20.67 dB at 7.8 GHz.