AGX
Argan, Inc.
AGX has the edge over RKLB overall, supported by lower modeled downside and stronger fundamentals.
RKLB
Rocket Lab USA, Inc.
RKLB's outlook is improving, though it still trails on the overall score.
AGX Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
AGX's revenue, profitability, cash flow and balance sheet are all currently strong.
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.
AGX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 17x | $215 | -32% |
| Forward | 22x | $315 | — |
| Current | 25x | $315 | — |
| Fair | 26x | $326 | +3.5% |
| Expensive | 43x | $546 | +73% |
Historical ranges are pointers, not guarantees.
AGX's PE is in its fair range at 25x. If earnings grow as analysts expect, today's price would be 22x next year's earnings.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
AGX Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for AGX, with profitability improving. However, they disagree widely on these estimates.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
AGX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $14.39 | +14% |
| Q3 2026 | $12.64 | +51% |
| Q2 2026 | $11.38 | +59% |
| Q1 2026 | $9.74 | +58% |
| Q4 2025 | $8.53 | +78% |
| Q3 2025 | $8.36 | +163% |
| Q2 2025 | $7.17 | +155% |
| Q1 2025 | $6.15 | +157% |
| Q4 2024 | $4.78 | +94% |
AGX has the edge over RKLB on earnings quality, reporting a profit while its opponent remains loss making.
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.
AGX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $384M | +62% |
| Q2 2026 | $291M | +50% |
| Q1 2026 | $262.1M | +13% |
| Q4 2025 | $251.2M | -2.3% |
| Q3 2025 | $237.7M | +4.7% |
| Q2 2025 | $193.7M | +23% |
| Q1 2025 | $232.5M | +41% |
| Q4 2024 | $257M | +57% |
AGX's revenue is growing: $384M last quarter, up 62% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +2.1 points |
| Q2 2026 | 16% | +3 points |
| Q1 2026 | 18% | +4.1 points |
| Q4 2025 | 13% | +1.2 points |
| Q3 2025 | 13% | +4.4 points |
| Q2 2025 | 13% | +8.4 points |
| Q1 2025 | 14% | +6.9 points |
| Q4 2024 | 12% | +7 points |
AGX 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 AGX 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.
AGX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $91.7M | +179% |
| Q2 2026 | $111M | +218% |
| Q1 2026 | $171.1M | +296% |
| Q4 2025 | $171.9M | +488% |
| Q3 2025 | $32.9M | -54% |
| Q2 2025 | $34.9M | +101% |
| Q1 2025 | $43.3M | +80% |
| Q4 2024 | $29.2M | -48% |
AGX has the edge over RKLB on cash generation, producing positive trailing cash flow while its opponent burns cash.
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.
AGX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -33K shares |
| 1 year | +0.2% | +33K shares |
| 3 years | +4.6% | +622K shares |
| 5 years | -11% | -1.8M shares |
| Available history | -9.4% | -1.5M shares |
AGX has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6.7M |
| Q2 2026 | $3M |
| Q1 2026 | $2.8M |
| Q4 2025 | — |
| Q3 2025 | $199,000 |
| Q2 2025 | $6.8M |
| Q1 2025 | $878,000 |
| Q4 2024 | $459,000 |
AGX spent $12M buying back its own shares over the past year, up 49% from the year before.
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 | — |
AGX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.0x | Net Cash |
| Q2 2026 | -2.3x | Net Cash |
| Q1 2026 | -2.5x | Net Cash |
| Q4 2025 | -2.5x | Net Cash |
| Q3 2025 | -1.5x | Net Cash |
| Q2 2025 | -1.8x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -2.5x | Net Cash |
AGX has more cash than debt.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
AGX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.3 | Neutral |
| Stochastic | 10.8 | Oversold |
AGX's weekly RSI is 35 (neutral) and its Stochastic is 11 (oversold).
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).
AGX PE vs Industrials Sector
| Metric | AGX | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 24x | 3.7% above |
| PE % | 46 | 58 | 12 pts below |
AGX is trading at 25x earnings, in line with the Industrials sector's median of 24x.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
AGX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $344.3 | 8.4% below |
| 20 week MA | $454.9 | 31% below |
| 50 week MA | $487.6 | 35% below |
| 100 week MA | $346.8 | 9.1% below |
| 200 week MA | $204.0 | 55% above |
AGX has fallen below most of its moving averages, though it's still 55% above 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 AGX on trend strength, trading above more of its moving averages.
AGX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.7 | $44.2 | +11% |
| 2021 | $44.2 | $38.2 | -14% |
| 2022 | $38.2 | $36.4 | -4.6% |
| 2023 | $36.4 | $46.8 | +28% |
| 2024 | $46.8 | $143.0 | +206% |
| 2025 | $143.0 | $325.1 | +127% |
| 2026 YTD | $325.1 | $315.3 | -3% |
AGX has the edge over RKLB on returns for 2026, with the stronger performance.
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's yearly returns have swung widely, from +392% in 2024 to −69% in 2022. It's down 9.3% so far in 2026.