AP
Ampco-Pittsburgh Corporation
AP has lower modeled downside risk, despite its lower overall score.
RKLB
Rocket Lab USA, Inc.
RKLB has the edge over AP overall, supported by stronger fundamentals and stronger modeled upside.
AP Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Stable | |
| Weak |
AP's revenue and cash flow are currently stable, but its profitability and balance sheet are weak.
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.
AP PE Valuation
AP 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.
AP Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Stable | |
| Weakening | |
| Limited | |
| High |
Analysts expect AP's earnings and profitability to decline, with its revenue holding steady.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over AP on the outlook, with more favorable earnings and revenue expectations.
AP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.25 | — |
| Q3 2026 | -$2.82 | -$2.57 |
| Q2 2026 | -$2.95 | -$2.71 |
| Q1 2026 | -$3.38 | -1636% |
| Q4 2025 | -$3.28 | -16500% |
| Q3 2025 | -$0.25 | +$2.02 |
| Q2 2025 | -$0.24 | +$1.89 |
| Q1 2025 | $0.22 | +$2.43 |
| Q4 2024 | $0.02 | +$2.06 |
AP lost $2.82 per share over the past year, a bigger loss than 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.
AP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $111.7M | +3.4% |
| Q2 2026 | $102.9M | -9% |
| Q1 2026 | $108.3M | +3.9% |
| Q4 2025 | $108.8M | +7.8% |
| Q3 2025 | $108M | +12% |
| Q2 2025 | $113.1M | +1.9% |
| Q1 2025 | $104.3M | -5.4% |
| Q4 2024 | $100.9M | -6.6% |
AP's revenue grew through 2023 and has held roughly level since: $112M last quarter, up 3.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.1% | +3.1 points |
| Q2 2026 | 4.9% | +7.7 points |
| Q1 2026 | 2.4% | -1.3 points |
| Q4 2025 | -52% | -57 points |
| Q3 2025 | 1% | -0.9 points |
| Q2 2025 | -2.7% | -7.3 points |
| Q1 2025 | 3.7% | +3.6 points |
| Q4 2024 | 5.1% | +44 points |
AP 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 AP 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.
AP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $19.1M | +483% |
| Q2 2026 | -$5.5M | -$1.7M |
| Q1 2026 | -$1.7M | +$5.7M |
| Q4 2025 | -$64K | -102% |
| Q3 2025 | $3.3M | -61% |
| Q2 2025 | -$3.8M | +$4.2M |
| Q1 2025 | -$7.5M | -541% |
| Q4 2024 | $3.7M | +1032% |
AP 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.
AP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.9% | +197K shares |
| 1 year | +7% | +1.4M shares |
| 3 years | +11% | +2.2M shares |
| 5 years | +50% | +7.2M shares |
AP has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
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 | — |
AP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 4.2x | High |
| Q2 2025 | 4.6x | High |
| Q1 2025 | 3.5x | Elevated |
| Q4 2024 | 3.7x | Elevated |
| Q3 2023 | 4.6x | High |
| Q2 2023 | 4.7x | High |
| Q1 2023 | 5.0x | High |
| Q4 2022 | 4.8x | High |
AP's net debt is about 4.2 years of its operating earnings (EBITDA), down from 4.6 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.
AP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.2 | Neutral |
| Stochastic | 18.1 | Oversold |
AP's weekly RSI is 47 (neutral) and its Stochastic is 18 (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).
AP PE vs Industrials Sector
| Metric | AP | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
AP 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.
AP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.12 | 5.5% below |
| 20 week MA | $8.29 | 7.5% below |
| 50 week MA | $8.06 | 4.8% below |
| 100 week MA | $5.29 | 45% above |
| 200 week MA | $3.86 | 99% above |
AP has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 99% 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 AP on trend strength, trading above more of its moving averages.
AP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.95 | $5.82 | +97% |
| 2021 | $5.82 | $4.65 | -20% |
| 2022 | $4.65 | $2.68 | -42% |
| 2023 | $2.68 | $2.73 | +1.9% |
| 2024 | $2.73 | $2.06 | -25% |
| 2025 | $2.06 | $4.65 | +126% |
| 2026 YTD | $4.65 | $7.67 | +65% |
AP 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.