ENR
Energizer Holdings, Inc.
ENR has lower modeled downside risk, despite its lower overall score.
RKLB
Rocket Lab USA, Inc.
RKLB has the edge over ENR overall, supported by stronger fundamentals and stronger modeled upside.
ENR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Weak |
ENR's revenue, profitability and cash flow are currently stable, but its balance sheet is 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.
ENR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 7.2x | $24.17 | — |
| Cheap | 7.9x | $9.35 | -61% |
| Fair | 20x | $23.35 | -3.4% |
| Current | 20x | $24.17 | — |
| Expensive | 112x | $132 | +448% |
Historical ranges are pointers, not guarantees.
ENR's PE is 20x, but its earnings don't support one, so it isn't a reliable read right now.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
ENR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect ENR's earnings to grow and its profitability to improve, with its revenue holding steady.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over ENR on the outlook, with more favorable revenue expectations.
ENR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.34 | +183% |
| Q2 2026 | $1.18 | -66% |
| Q1 2026 | $2.73 | +274% |
| Q4 2025 | $2.97 | +276% |
| Q3 2025 | $3.32 | +538% |
| Q2 2025 | $3.47 | +2379% |
| Q1 2025 | $0.73 | -39% |
| Q4 2024 | $0.79 | -39% |
| Q3 2024 | $0.52 | -73% |
ENR 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.
ENR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $734.1M | +1.2% |
| Q1 2026 | $643.3M | -3% |
| Q4 2025 | $778.9M | +6.5% |
| Q3 2025 | $832.8M | +3.4% |
| Q2 2025 | $725.3M | +3.4% |
| Q1 2025 | $662.9M | -0.1% |
| Q4 2024 | $731.7M | +2.1% |
| Q3 2024 | $805.7M | -0.7% |
ENR's revenue grew through 2020 and has held roughly level since: $734M last quarter, up 1.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 6.8% | -16 points |
| Q1 2026 | 3.4% | -2.1 points |
| Q4 2025 | -0.6% | -4.7 points |
| Q3 2025 | 6.4% | -1 points |
| Q2 2025 | 23% | +31 points |
| Q1 2025 | 5.5% | -0.9 points |
| Q4 2024 | 4.1% | +2.8 points |
| Q3 2024 | 7.4% | +4.6 points |
ENR 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 ENR 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.
ENR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$900K | -111% |
| Q1 2026 | -$19.4M | +$14.4M |
| Q4 2025 | $124.2M | +193% |
| Q3 2025 | $46.7M | -67% |
| Q2 2025 | $7.9M | -71% |
| Q1 2025 | -$33.8M | -428% |
| Q4 2024 | $42.4M | -72% |
| Q3 2024 | $141.5M | +83% |
ENR 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.
ENR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +100K shares |
| 1 year | -4% | -2.9M shares |
| 3 years | -4.6% | -3.3M shares |
| 5 years | +0.9% | +600K shares |
| Available history | +2.8% | +1.9M shares |
ENR has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | $900,000 |
| Q4 2025 | $4.5M |
| Q3 2025 | $27.1M |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
ENR spent $33M buying back its own shares over the past year.
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 | — |
ENR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 12.8x | High |
| Q1 2026 | 8.7x | High |
| Q4 2025 | 8.3x | High |
| Q3 2025 | 7.7x | High |
| Q2 2025 | 7.4x | High |
| Q1 2025 | 15.7x | High |
| Q4 2024 | 14.9x | High |
| Q3 2024 | 17.1x | High |
ENR's net debt is about 13 years of its operating earnings (EBITDA), up from 7.3 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.
ENR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.4 | Neutral |
| Stochastic | 78.0 | Neutral |
ENR's weekly RSI is 62 (neutral) and its Stochastic is 78 (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).
ENR PE vs Industrials Sector
| Metric | ENR | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 24x | 15% below |
| PE % | 50 | 58 | 8 pts below |
ENR is trading at 20x earnings, a 15% discount to the Industrials sector's median of 24x, though its earnings don't support one.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
ENR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.6 | 6.9% above |
| 20 week MA | $21.9 | 10% above |
| 50 week MA | $20.6 | 17% above |
| 100 week MA | $23.8 | 1.8% above |
| 200 week MA | $28.0 | 14% below |
ENR 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.
ENR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $50.9 | $43.6 | -14% |
| 2021 | $43.6 | $38.5 | -12% |
| 2022 | $38.5 | $33.6 | -13% |
| 2023 | $33.6 | $31.7 | -5.7% |
| 2024 | $31.7 | $35.4 | +12% |
| 2025 | $35.4 | $20.3 | -43% |
| 2026 YTD | $20.3 | $24.2 | +19% |
ENR 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.