FC
Franklin Covey Co.
FC has the edge over RKLB overall, supported by lower modeled downside and stronger modeled upside.
RKLB
Rocket Lab USA, Inc.
RKLB offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
FC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Healthy |
FC's profitability and balance sheet are currently healthy, and its revenue and cash flow 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.
FC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 13x | $14.83 | — |
| Cheap | 25x | $10.43 | -30% |
| Fair | 34x | $14.12 | -4.8% |
| Current | 35x | $14.83 | — |
| Expensive | 50x | $20.84 | +41% |
Historical ranges are pointers, not guarantees.
FC's PE is in its fair range at 35x. If earnings grow as analysts expect, today's price would be 13x next year's earnings, in its cheap range.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
FC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect FC's earnings to grow and its profitability to improve, with its revenue 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 FC on the outlook, with more favorable revenue expectations.
FC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.12 | +165% |
| Q3 2026 | $0.42 | +75% |
| Q2 2026 | $0.17 | -78% |
| Q1 2026 | -$0.21 | -116% |
| Q4 2025 | -$0.12 | -108% |
| Q3 2025 | $0.24 | -86% |
| Q2 2025 | $0.79 | -41% |
| Q1 2025 | $1.33 | +9% |
| Q4 2024 | $1.47 | +15% |
FC 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.
FC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $70M | -1.8% |
| Q2 2026 | $67.8M | +1% |
| Q1 2026 | $59.6M | +0.1% |
| Q4 2025 | $64M | -7.3% |
| Q3 2025 | $71.2M | -15% |
| Q2 2025 | $67.1M | -8.5% |
| Q1 2025 | $59.6M | -2.8% |
| Q4 2024 | $69.1M | +1% |
FC's revenue fell from its 2024 peak and has held roughly level since: $70M last quarter, down 1.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 12% | +1.3 points |
| Q2 2026 | 6.2% | +9.5 points |
| Q1 2026 | -3.4% | -0.9 points |
| Q4 2025 | -5.7% | -7.8 points |
| Q3 2025 | 11% | -10 points |
| Q2 2025 | -3.3% | -15 points |
| Q1 2025 | -2.4% | -4.8 points |
| Q4 2024 | 2.1% | -5.7 points |
FC 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 FC 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.
FC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.7M | -54% |
| Q2 2026 | -$32K | -101% |
| Q1 2026 | $15.2M | +$17.9M |
| Q4 2025 | -$1.6M | -112% |
| Q3 2025 | $5.7M | -72% |
| Q2 2025 | $4.5M | -38% |
| Q1 2025 | -$2.6M | -122% |
| Q4 2024 | $13.1M | -20% |
FC 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.
FC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.4% | +275K shares |
| 1 year | -10% | -1.3M shares |
| 3 years | -18% | -2.6M shares |
| 5 years | -17% | -2.4M shares |
| Available history | -16% | -2.3M shares |
FC has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $12,000 |
| Q2 2026 | $7,000 |
| Q1 2026 | $17.4M |
| Q4 2025 | $10.7M |
| Q3 2025 | $3.4M |
| Q2 2025 | $8.3M |
| Q1 2025 | $8.7M |
| Q4 2024 | $6M |
FC spent $28M buying back its own shares over the past year, up 6.7% 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 | — |
FC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -1.1x | Net Cash |
| Q1 2026 | -3.0x | Net Cash |
| Q4 2025 | -3.5x | Net Cash |
| Q3 2025 | -3.2x | Net Cash |
| Q2 2025 | -1.7x | Net Cash |
| Q1 2025 | -1.3x | Net Cash |
| Q4 2024 | -1.6x | Net Cash |
FC 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.
FC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.1 | Neutral |
| Stochastic | 12.4 | Oversold |
FC's weekly RSI is 33 (neutral) and its Stochastic is 12 (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).
FC PE vs Industrials Sector
| Metric | FC | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 24x | 47% above |
| PE % | 55 | 58 | 3 pts below |
FC is trading at 35x earnings, a 47% 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.
FC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.3 | 14% below |
| 20 week MA | $19.0 | 22% below |
| 50 week MA | $19.2 | 23% below |
| 100 week MA | $21.6 | 31% below |
| 200 week MA | $31.0 | 52% below |
FC is in a downtrend: it's below all five of its weekly moving averages, and 52% 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 FC on trend strength, trading above more of its moving averages.
FC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.7 | $22.3 | -34% |
| 2021 | $22.3 | $45.6 | +105% |
| 2022 | $45.6 | $47.4 | +3.9% |
| 2023 | $47.4 | $43.5 | -8.2% |
| 2024 | $43.5 | $37.0 | -15% |
| 2025 | $37.0 | $17.1 | -54% |
| 2026 YTD | $17.1 | $14.8 | -13% |
FC has finished three years in a row lower, and it's down 13% 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 FC on returns for 2026, with the stronger performance.