BBSI
Barrett Business Services, Inc.
BBSI has lower modeled downside risk, despite its lower overall score.
RKLB
Rocket Lab USA, Inc.
RKLB has the edge over BBSI overall, supported by stronger modeled upside and stronger valuation.
BBSI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Under pressure | |
| Strong |
BBSI's balance sheet is currently strong, and its revenue and profitability are stable, but its cash flow is 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.
BBSI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 13x | $16.58 | -47% |
| Fair | 17x | $20.68 | -33% |
| Forward | 19x | $31.03 | — |
| Expensive | 22x | $27.75 | -11% |
| Current | 25x | $31.03 | — |
Historical ranges are pointers, not guarantees.
BBSI's PE is in its expensive range at 25x. If earnings grow as analysts expect, today's price would be 19x next year's earnings, in its fair range.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
BBSI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for BBSI, with profitability holding steady. 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 BBSI on the outlook, with more favorable profitability expectations.
BBSI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.62 | +29% |
| Q3 2026 | $1.25 | -40% |
| Q2 2026 | $1.35 | -33% |
| Q1 2026 | $1.53 | -22% |
| Q4 2025 | $2.08 | +5.1% |
| Q3 2025 | $2.08 | +11% |
| Q2 2025 | $2.02 | +12% |
| Q1 2025 | $1.95 | +7.7% |
| Q4 2024 | $1.98 | +7% |
BBSI 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.
BBSI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $334.1M | +4.7% |
| Q2 2026 | $319.3M | +3.8% |
| Q1 2026 | $307M | +4.9% |
| Q4 2025 | $321.1M | +5.3% |
| Q3 2025 | $318.9M | +8.4% |
| Q2 2025 | $307.7M | +10% |
| Q1 2025 | $292.6M | +10% |
| Q4 2024 | $304.8M | +10% |
BBSI's revenue has grown year over year for 12 quarters in a row: $334M last quarter, up 4.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.4% | -1.4 points |
| Q2 2026 | 4.8% | -2.7 points |
| Q1 2026 | -2.1% | -0.7 points |
| Q4 2025 | 5.8% | -1 points |
| Q3 2025 | 7.8% | -0.2 points |
| Q2 2025 | 7.5% | +0.2 points |
| Q1 2025 | -1.4% | +0.3 points |
| Q4 2024 | 6.8% | +0.2 points |
BBSI 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 BBSI 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.
BBSI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.6M | -37% |
| Q2 2026 | -$61.4M | -$3.2M |
| Q1 2026 | -$27.8M | -4089% |
| Q4 2025 | $70.6M | +41% |
| Q3 2025 | $34.1M | +$38.3M |
| Q2 2025 | -$58.2M | -$2M |
| Q1 2025 | $697K | -89% |
| Q4 2024 | $50.2M | -6.2% |
BBSI 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.
BBSI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -289K shares |
| 1 year | -6.7% | -1.8M shares |
| 3 years | -10% | -2.8M shares |
| 5 years | -20% | -6M shares |
| Available history | -21% | -6.4M shares |
BBSI has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $9.1M |
| Q2 2026 | $15.2M |
| Q1 2026 | $20.3M |
| Q4 2025 | $17.1M |
| Q3 2025 | $7.5M |
| Q2 2025 | $8.1M |
| Q1 2025 | $9.2M |
| Q4 2024 | $7M |
BBSI spent $62M buying back its own shares over the past year, up 94% 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 | — |
BBSI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -1.4x | Net Cash |
| Q3 2025 | -0.7x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | -0.8x | Net Cash |
BBSI 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.
BBSI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.7 | Neutral |
| Stochastic | 20.9 | Neutral |
BBSI's weekly RSI is 44 (neutral) and its Stochastic is 21 (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).
BBSI PE vs Industrials Sector
| Metric | BBSI | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 24x | 3.1% above |
| PE % | 98 | 58 | 40 pts above |
BBSI 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.
BBSI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $31.6 | 1.7% below |
| 20 week MA | $34.0 | 8.8% below |
| 50 week MA | $33.3 | 6.9% below |
| 100 week MA | $37.8 | 18% below |
| 200 week MA | $33.2 | 6.5% below |
BBSI is in a downtrend: it's below all five of its weekly moving averages, and 6.5% 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 BBSI on trend strength, trading above more of its moving averages.
BBSI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.5 | $17.3 | -23% |
| 2021 | $17.3 | $17.3 | +0.1% |
| 2022 | $17.3 | $23.6 | +36% |
| 2023 | $23.6 | $29.0 | +23% |
| 2024 | $29.0 | $43.4 | +50% |
| 2025 | $43.4 | $36.2 | -16% |
| 2026 YTD | $36.2 | $31.0 | -14% |
BBSI has finished higher in four 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 BBSI on returns for 2026, with the stronger performance.