CVEO
Civeo Corporation
CVEO has the edge over RKLB overall, supported by lower modeled downside and stronger fundamentals.
RKLB
Rocket Lab USA, Inc.
RKLB offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
CVEO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Healthy | |
| Stable |
CVEO's revenue and cash flow are currently healthy, and its profitability and balance sheet are stable.
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.
CVEO PE Valuation
CVEO 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.
CVEO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect CVEO's losses to shrink, with revenue growing. 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 CVEO on the outlook, with more favorable profitability expectations.
CVEO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.65 | +$1.40 |
| Q2 2026 | -$1.19 | +$1.18 |
| Q1 2026 | -$1.21 | +$0.35 |
| Q4 2025 | -$1.59 | -$0.40 |
| Q3 2025 | -$2.05 | -250% |
| Q2 2025 | -$2.37 | -201% |
| Q1 2025 | -$1.56 | -175% |
| Q4 2024 | -$1.19 | -159% |
CVEO is still losing money, but far less than before: $0.65 per share over the past year, against $13.56 at its worst in early 2020.
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 has the edge over CVEO on earnings, with more consistent year-over-year improvement.
CVEO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $193.1M | +13% |
| Q2 2026 | $180M | +11% |
| Q1 2026 | $172.7M | +20% |
| Q4 2025 | $161.6M | +7.1% |
| Q3 2025 | $170.5M | -3.3% |
| Q2 2025 | $162.7M | -14% |
| Q1 2025 | $144M | -13% |
| Q4 2024 | $151M | -12% |
CVEO's revenue has grown year over year for four quarters in a row: $193M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.9% | +2.8 points |
| Q2 2026 | 2.8% | +1.1 points |
| Q1 2026 | 1.8% | +5.6 points |
| Q4 2025 | -0.1% | +6.6 points |
| Q3 2025 | 4.1% | +4.1 points |
| Q2 2025 | 1.7% | -5.2 points |
| Q1 2025 | -3.8% | -2.8 points |
| Q4 2024 | -6.7% | -17 points |
CVEO 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 CVEO 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.
CVEO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21M | +156% |
| Q2 2026 | $7.9M | +$14.7M |
| Q1 2026 | -$13.9M | -$161K |
| Q4 2025 | $14.5M | +720% |
| Q3 2025 | $8.2M | -71% |
| Q2 2025 | -$6.8M | -125% |
| Q1 2025 | -$13.7M | -3787% |
| Q4 2024 | $1.8M | -94% |
CVEO 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.
CVEO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -5% | -551K shares |
| 1 year | -16% | -2M shares |
| 3 years | -30% | -4.5M shares |
| 5 years | -28% | -4M shares |
| Available history | -25% | -3.5M shares |
CVEO has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $22.3M |
| Q2 2026 | — |
| Q1 2026 | $14.4M |
| Q4 2025 | $4.9M |
| Q3 2025 | $26.2M |
| Q2 2025 | $19.1M |
| Q1 2025 | $3.3M |
| Q4 2024 | $5.6M |
CVEO spent $42M buying back its own shares over the past year, down 23% 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 | — |
CVEO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.1x | Moderate |
| Q2 2026 | 2.2x | Moderate |
| Q1 2026 | 2.3x | Moderate |
| Q4 2025 | 2.2x | Moderate |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 2.8x | Moderate |
| Q1 2025 | 0.9x | Very low |
| Q4 2024 | 0.6x | Very low |
CVEO's net debt is about 2.1 years of its operating earnings (EBITDA), down from 2.7 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.
CVEO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.6 | Neutral |
| Stochastic | 77.0 | Neutral |
CVEO's weekly RSI is 59 (neutral) and its Stochastic is 77 (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).
CVEO PE vs Industrials Sector
| Metric | CVEO | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
CVEO 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.
CVEO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $32.7 | 11% above |
| 20 week MA | $32.9 | 10% above |
| 50 week MA | $30.3 | 20% above |
| 100 week MA | $26.4 | 38% above |
| 200 week MA | $25.0 | 46% above |
CVEO has the edge over RKLB on trend strength, trading above more of its moving averages.
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's trend is mixed: it's above three of its five weekly moving averages, and 104% above its 200-week average.
CVEO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.2 | $15.1 | -6.7% |
| 2021 | $15.1 | $18.8 | +24% |
| 2022 | $18.8 | $31.5 | +67% |
| 2023 | $31.5 | $22.9 | -27% |
| 2024 | $22.9 | $22.2 | -2.8% |
| 2025 | $22.2 | $23.3 | +4.9% |
| 2026 YTD | $23.3 | $36.3 | +56% |
CVEO 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.