FAST
Fastenal Company
FAST has a slight edge over RKLB overall, supported by lower modeled downside and stronger fundamentals.
RKLB
Rocket Lab USA, Inc.
RKLB offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
FAST Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
FAST'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.
FAST PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 28x | $34.70 | -38% |
| Fair | 34x | $41.55 | -25% |
| Forward | 40x | $55.55 | — |
| Expensive | 41x | $49.86 | -10% |
| Current | 45x | $55.55 | — |
Historical ranges are pointers, not guarantees.
FAST's PE is in its expensive range at 45x. If earnings grow as analysts expect, today's price would be 40x next year's earnings.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
FAST Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for FAST, with profitability holding steady.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over FAST on the outlook, with more favorable profitability expectations.
FAST Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.38 | +13% |
| Q3 2026 | $1.23 | +16% |
| Q2 2026 | $1.17 | +14% |
| Q1 2026 | $1.13 | +13% |
| Q4 2025 | $1.09 | +9% |
| Q3 2025 | $1.06 | +6% |
| Q2 2025 | $1.03 | +3% |
| Q1 2025 | $1.00 | -1% |
| Q4 2024 | $1.00 | -1% |
FAST 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.
FAST Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.5B | +15% |
| Q2 2026 | $2.4B | +15% |
| Q1 2026 | $2.2B | +12% |
| Q4 2025 | $2B | +11% |
| Q3 2025 | $2.1B | +12% |
| Q2 2025 | $2.1B | +8.6% |
| Q1 2025 | $2B | +3.4% |
| Q4 2024 | $1.8B | +3.7% |
FAST's revenue has grown year over year for 21 quarters in a row: $2.5B last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 22% | +0.9 points |
| Q2 2026 | 21% | +0.1 points |
| Q1 2026 | 20% | +0.2 points |
| Q4 2025 | 19% | +0.1 points |
| Q3 2025 | 21% | +0.4 points |
| Q2 2025 | 21% | +0.8 points |
| Q1 2025 | 20% | -0.5 points |
| Q4 2024 | 19% | -1.2 points |
FAST 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 FAST 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.
FAST Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $347.6M | +6.4% |
| Q2 2026 | $201.6M | -3.7% |
| Q1 2026 | $319.5M | +55% |
| Q4 2025 | $308.1M | +38% |
| Q3 2025 | $326.6M | +38% |
| Q2 2025 | $209.3M | +3.7% |
| Q1 2025 | $206.5M | -27% |
| Q4 2024 | $222.6M | -30% |
FAST 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.
FAST Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -179K shares |
| 1 year | -0.1% | -934K shares |
| 3 years | +0.3% | +3.9M shares |
| 5 years | -0.4% | -4.4M shares |
| Available history | +0.1% | +1.2M shares |
FAST has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $30.5M |
| Q2 2026 | $30M |
| Q1 2026 | $20.3M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q4 2022 | $93.2M |
| Q3 2022 | $95.3M |
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 | — |
FAST Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.1x | Net Cash |
| Q2 2025 | -0.0x | Very low |
| Q1 2025 | -0.0x | Net Cash |
| Q4 2024 | -0.0x | Net Cash |
FAST 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.
FAST Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 73.1 | Overbought |
| Stochastic | 82.4 | Overbought |
FAST's weekly RSI is 73 (overbought) and its Stochastic is 82 (overbought).
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).
FAST PE vs Industrials Sector
| Metric | FAST | Sector median | Relative |
|---|---|---|---|
| PE | 45x | 24x | 88% above |
| PE % | 97 | 58 | 39 pts above |
FAST is trading at 45x earnings, a 88% premium 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.
FAST Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $51.9 | 7% above |
| 20 week MA | $50.1 | 11% above |
| 50 week MA | $46.9 | 19% above |
| 100 week MA | $44.3 | 25% above |
| 200 week MA | $38.1 | 46% above |
FAST 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.
FAST Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $18.5 | $24.8 | +34% |
| 2021 | $24.8 | $31.3 | +26% |
| 2022 | $31.3 | $23.9 | -24% |
| 2023 | $23.9 | $32.4 | +36% |
| 2024 | $32.4 | $36.5 | +13% |
| 2025 | $36.5 | $41.6 | +14% |
| 2026 YTD | $41.6 | $55.6 | +34% |
FAST 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.