ATRO
Astronics Corporation
ATRO 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.
ATRO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Healthy | |
| Healthy |
ATRO's revenue, profitability, cash flow and balance sheet are all currently healthy.
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.
ATRO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.7x | $25.97 | -57% |
| Current | 20x | $60.31 | — |
| Fair | 41x | $121 | +101% |
| Expensive | 84x | $251 | +316% |
Historical ranges are pointers, not guarantees.
ATRO's PE is in its fair range at 20x.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
ATRO Forward outlook
There aren't enough analyst estimates for ATRO to show an outlook.
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.
ATRO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $2.99 | +$3.06 |
| Q2 2026 | $1.66 | +$1.76 |
| Q1 2026 | $0.94 | +$1.04 |
| Q4 2025 | $0.61 | +$0.99 |
| Q3 2025 | -$0.07 | +$0.08 |
| Q2 2025 | -$0.10 | +$0.19 |
| Q1 2025 | -$0.10 | +$0.51 |
| Q4 2024 | -$0.38 | +$0.27 |
ATRO 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.
ATRO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $271.7M | +28% |
| Q2 2026 | $260M | +27% |
| Q1 2026 | $230.6M | +12% |
| Q4 2025 | $240.1M | +15% |
| Q3 2025 | $211.4M | +3.8% |
| Q2 2025 | $204.7M | +3.3% |
| Q1 2025 | $205.9M | +11% |
| Q4 2024 | $208.5M | +6.8% |
ATRO's revenue has grown year over year for 21 quarters in a row: $272M last quarter, up 28% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +9 points |
| Q2 2026 | 16% | +13 points |
| Q1 2026 | 12% | +5.4 points |
| Q4 2025 | 15% | +11 points |
| Q3 2025 | 11% | +6.8 points |
| Q2 2025 | 2.3% | -1.5 points |
| Q1 2025 | 6.4% | +5.5 points |
| Q4 2024 | 4.3% | +0.3 points |
ATRO 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 ATRO on sales, with stronger typical year-over-year growth.
| 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.
ATRO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.6M | +3% |
| Q2 2026 | $24.4M | +$36.6M |
| Q1 2026 | -$554K | -103% |
| Q4 2025 | $15.8M | -32% |
| Q3 2025 | $21M | +222% |
| Q2 2025 | -$12.2M | -$4.2M |
| Q1 2025 | $18.5M | +4123% |
| Q4 2024 | $23.2M | +$26.5M |
ATRO 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.
ATRO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.3% | +2M shares |
| 1 year | +9.3% | +4.1M shares |
| 3 years | +17% | +7.2M shares |
| 5 years | +25% | +9.7M shares |
| Available history | +19% | +7.9M shares |
ATRO has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | $7.7M |
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 | — |
ATRO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.5x | Healthy |
| Q2 2026 | 2.0x | Moderate |
| Q1 2026 | 2.9x | Moderate |
| Q4 2025 | 3.2x | Elevated |
| Q3 2025 | 4.5x | High |
| Q2 2025 | 2.5x | Moderate |
| Q1 2025 | 2.2x | Moderate |
| Q4 2024 | 3.1x | Elevated |
ATRO's net debt is about 1.5 years of its operating earnings (EBITDA), down from 4.5 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.
ATRO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.4 | Neutral |
| Stochastic | 11.4 | Oversold |
ATRO's weekly RSI is 45 (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).
ATRO PE vs Industrials Sector
| Metric | ATRO | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 24x | 16% below |
| PE % | 38 | 58 | 20 pts below |
ATRO is trading at 20x earnings, a 16% discount to 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.
ATRO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.9 | 2.6% below |
| 20 week MA | $69.3 | 13% below |
| 50 week MA | $63.1 | 4.5% below |
| 100 week MA | $44.1 | 37% above |
| 200 week MA | $29.0 | 108% above |
ATRO has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 108% 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 ATRO on trend strength, trading above more of its moving averages.
ATRO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.5 | $10.4 | -54% |
| 2021 | $10.4 | $9.34 | -11% |
| 2022 | $9.34 | $7.57 | -19% |
| 2023 | $7.57 | $13.9 | +84% |
| 2024 | $13.9 | $12.8 | -8% |
| 2025 | $12.8 | $44.2 | +246% |
| 2026 YTD | $44.2 | $60.3 | +36% |
ATRO 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.