AAL
American Airlines Group Inc.
AAL has lower modeled downside risk, despite its lower overall score.
RKLB
Rocket Lab USA, Inc.
RKLB has the edge over AAL overall, supported by stronger fundamentals and stronger modeled upside.
AAL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Weak |
AAL's revenue is currently healthy, but its profitability, cash flow and balance sheet are under pressure.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
AAL PE Valuation
AAL has no meaningful PE right now: it lost money over the past year.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
AAL Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Growth | |
| Weakening | |
| Limited | |
| Low |
Analysts expect AAL's losses to grow, with revenue growing. However, they disagree widely on these estimates.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over AAL on the outlook, with more favorable earnings and profitability expectations.
AAL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.73 | -176% |
| Q2 2026 | -$0.49 | -154% |
| Q1 2026 | $0.31 | -69% |
| Q4 2025 | $0.17 | -86% |
| Q3 2025 | $0.96 | +118% |
| Q2 2025 | $0.90 | +$1.06 |
| Q1 2025 | $1.00 | +41% |
| Q4 2024 | $1.24 | +2.5% |
AAL has swung to a loss: it lost $0.73 per share over the past year, after a profit the year before.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 at its worst in mid-2025.
AAL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $16.3B | +19% |
| Q2 2026 | $16.7B | +16% |
| Q1 2026 | $13.9B | +11% |
| Q4 2025 | $14B | +2.5% |
| Q3 2025 | $13.7B | +0.3% |
| Q2 2025 | $14.4B | +0.4% |
| Q1 2025 | $12.6B | -0.2% |
| Q4 2024 | $13.7B | +4.6% |
AAL's revenue has grown year over year for six quarters in a row: $16.3B last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.7% | -0.4 points |
| Q2 2026 | 2.7% | -5.2 points |
| Q1 2026 | -0.3% | +1.9 points |
| Q4 2025 | 3.2% | -5.1 points |
| Q3 2025 | 1.1% | +0.5 points |
| Q2 2025 | 7.9% | -1.8 points |
| Q1 2025 | -2.1% | -2.2 points |
| Q4 2024 | 8.3% | +3.3 points |
AAL has the edge over RKLB on profitability, with a higher operating margin.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over AAL on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB's operating margin was −30% last quarter, up 8.5 points from the same quarter a year ago.
AAL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.2B | -$376M |
| Q2 2026 | -$351M | -176% |
| Q1 2026 | $3.4B | +109% |
| Q4 2025 | -$1.9B | -$1.6B |
| Q3 2025 | -$872M | -$681M |
| Q2 2025 | $464M | -2.7% |
| Q1 2025 | $1.6B | +20% |
| Q4 2024 | -$342M | +$1.9B |
AAL has burned cash in most quarters: −$91M over the past year, against $882M the year before.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M the year before.
AAL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +93K shares |
| 1 year | +0.4% | +2.3M shares |
| 3 years | +1.3% | +8.6M shares |
| 5 years | -8.1% | -58.4M shares |
| Available history | +52% | +227M shares |
AAL has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2021 | $5M |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | $13M |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | $2M |
| Q1 2020 | $171M |
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has 652M diluted shares, up 23% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
AAL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 9.8x | High |
| Q2 2026 | 9.6x | High |
| Q1 2026 | 7.4x | High |
| Q4 2025 | 8.3x | High |
| Q3 2025 | 6.8x | High |
| Q2 2025 | 7.2x | High |
| Q1 2025 | 6.7x | High |
| Q4 2024 | 6.5x | High |
AAL's net debt is about 9.8 years of its operating earnings (EBITDA), up from 6.8 years a year ago.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
AAL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.8 | Neutral |
| Stochastic | 28.9 | Neutral |
AAL's weekly RSI is 49 (neutral) and its Stochastic is 29 (neutral).
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
AAL PE vs Industrials Sector
| Metric | AAL | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
AAL has no meaningful PE right now: it lost money over the past year.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
AAL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.8 | 3.7% above |
| 20 week MA | $14.0 | 4.8% below |
| 50 week MA | $13.8 | 3.3% below |
| 100 week MA | $13.3 | 0.2% below |
| 200 week MA | $13.6 | 1.8% below |
AAL has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 1.8% below its 200-week average.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB has the edge over AAL on trend strength, trading above more of its moving averages.
AAL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $28.4 | $15.7 | -45% |
| 2021 | $15.7 | $18.3 | +17% |
| 2022 | $18.3 | $12.7 | -30% |
| 2023 | $12.7 | $13.7 | +8.1% |
| 2024 | $13.7 | $17.4 | +26% |
| 2025 | $17.4 | $15.4 | -11% |
| 2026 YTD | $15.4 | $13.3 | -14% |
AAL has finished lower in three of the last six years. It's down 14% so far in 2026.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB has the edge over AAL on returns for 2026, with the stronger performance.