ACM
Aecom
ACM has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over ACM overall, supported by stronger modeled upside and stronger fundamentals.
ACM Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Under pressure | |
| Stable |
ACM's revenue, profitability and balance sheet are currently stable, but its cash flow is under pressure.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
ACM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 11x | $70.11 | — |
| Cheap | 25x | $54.07 | -23% |
| Current | 32x | $70.11 | — |
| Fair | 36x | $77.53 | +11% |
| Expensive | 63x | $138 | +96% |
Historical ranges are pointers, not guarantees.
ACM's PE is in its fair range at 32x. If earnings grow as analysts expect, today's price would be 11x next year's earnings, in its cheap range.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
ACM Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect ACM's earnings to grow, with its revenue and profitability holding steady.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over ACM on the outlook, with more favorable revenue and profitability expectations.
ACM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.23 | +186% |
| Q2 2026 | $2.18 | -52% |
| Q1 2026 | $3.83 | -16% |
| Q4 2025 | $3.52 | +0.3% |
| Q3 2025 | $4.21 | +43% |
| Q2 2025 | $4.58 | +146% |
| Q1 2025 | $4.58 | +$4.67 |
| Q4 2024 | $3.51 | +680% |
| Q3 2024 | $2.95 | +656% |
ACM has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
ACM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $3.6B | -14% |
| Q1 2026 | $3.8B | +0.8% |
| Q4 2025 | $3.8B | -4.6% |
| Q3 2025 | $4.2B | +1.6% |
| Q2 2025 | $4.2B | +0.7% |
| Q1 2025 | $3.8B | -4.4% |
| Q4 2024 | $4B | +2.9% |
| Q3 2024 | $4.1B | +7% |
ACM's revenue has slid since its 2019 peak: $3.6B last quarter, down 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -2.1% | -9.2 points |
| Q1 2026 | 6.5% | -0.3 points |
| Q4 2025 | 5.8% | -0.1 points |
| Q3 2025 | 5.7% | -0.1 points |
| Q2 2025 | 7% | +1.6 points |
| Q1 2025 | 6.8% | +1.8 points |
| Q4 2024 | 5.9% | +1.7 points |
| Q3 2024 | 5.8% | +3.7 points |
ACM has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over ACM on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
ACM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $54.9M | -79% |
| Q1 2026 | -$27.4M | -115% |
| Q4 2025 | $41.9M | -62% |
| Q3 2025 | $134.1M | -51% |
| Q2 2025 | $261.7M | -4.1% |
| Q1 2025 | $178.3M | +141% |
| Q4 2024 | $110.9M | +28% |
| Q3 2024 | $274.5M | +4.4% |
ACM has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
ACM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -671K shares |
| 1 year | -3.4% | -4.5M shares |
| 3 years | -7.3% | -10.2M shares |
| 5 years | -14% | -20.3M shares |
| Available history | -18% | -29.1M shares |
ACM has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $6,000 |
| Q1 2026 | $116M |
| Q4 2025 | $325.9M |
| Q3 2025 | $250.1M |
| Q2 2025 | $4.7M |
| Q1 2025 | $78.5M |
| Q4 2024 | $55.2M |
| Q3 2024 | $315.4M |
ACM spent $692M buying back its own shares over the past year, up 53% from the year before.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
ACM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.0x | Moderate |
| Q1 2026 | 1.4x | Healthy |
| Q4 2025 | 1.2x | Healthy |
| Q3 2025 | 0.9x | Very low |
| Q2 2025 | 0.6x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 0.9x | Very low |
| Q3 2024 | 0.9x | Very low |
ACM's net debt is about 2.0 years of its operating earnings (EBITDA), up from less than a year a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ACM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.1 | Neutral |
| Stochastic | 50.5 | Neutral |
ACM's weekly RSI is 51 (neutral) and its Stochastic is 51 (neutral).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
ACM PE vs Industrials Sector
| Metric | ACM | Sector median | Relative |
|---|---|---|---|
| PE | 32x | 24x | 34% above |
| PE % | 40 | 58 | 18 pts below |
ACM is trading at 32x earnings, a 34% premium to the Industrials sector's median of 24x.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
ACM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $62.4 | 12% above |
| 20 week MA | $65.6 | 6.9% above |
| 50 week MA | $78.7 | 11% below |
| 100 week MA | $95.2 | 26% below |
| 200 week MA | $92.8 | 24% below |
ACM has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
ACM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $43.2 | $48.7 | +13% |
| 2021 | $48.7 | $75.9 | +56% |
| 2022 | $75.9 | $84.7 | +12% |
| 2023 | $84.7 | $92.4 | +9.1% |
| 2024 | $92.4 | $107.7 | +16% |
| 2025 | $107.7 | $97.4 | -9.5% |
| 2026 YTD | $97.4 | $70.1 | -28% |
ACM has finished higher in five of the last six years. It's down 28% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over ACM on returns for 2026, with the stronger performance.