FCN
FTI Consulting, Inc.
FCN has the edge over RKLB overall, supported by lower modeled downside.
RKLB
Rocket Lab USA, Inc.
RKLB offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
FCN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
FCN's profitability and cash flow are currently healthy, and its revenue 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.
FCN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $199 | — |
| Cheap | 21x | $165 | -17% |
| Fair | 23x | $183 | -8.1% |
| Current | 25x | $199 | — |
| Expensive | 27x | $217 | +9.4% |
Historical ranges are pointers, not guarantees.
FCN'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 cheap range.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
FCN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for FCN, with profitability improving.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
FCN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $10.47 | +31% |
| Q3 2026 | $8.01 | +1.9% |
| Q2 2026 | $8.26 | +16% |
| Q1 2026 | $8.40 | +15% |
| Q4 2025 | $8.24 | +5.5% |
| Q3 2025 | $7.86 | -9.7% |
| Q2 2025 | $7.11 | -23% |
| Q1 2025 | $7.32 | -15% |
| Q4 2024 | $7.81 | +1.3% |
FCN 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.
FCN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1B | +5.9% |
| Q2 2026 | $993.5M | +5.3% |
| Q1 2026 | $983.3M | +9.5% |
| Q4 2025 | $990.7M | +11% |
| Q3 2025 | $956.2M | +3.3% |
| Q2 2025 | $943.7M | -0.6% |
| Q1 2025 | $898.3M | -3.3% |
| Q4 2024 | $894.9M | -3.2% |
FCN's revenue has grown year over year for five quarters in a row: $1B last quarter, up 5.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.9% | -3.4 points |
| Q2 2026 | 8.6% | -2 points |
| Q1 2026 | 8.5% | -0.2 points |
| Q4 2025 | 9.4% | +3.5 points |
| Q3 2025 | 12% | +2.5 points |
| Q2 2025 | 11% | -0.5 points |
| Q1 2025 | 8.8% | -2 points |
| Q4 2024 | 5.9% | -6.5 points |
FCN 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 FCN 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.
FCN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $182M | -2.7% |
| Q2 2026 | $141M | +269% |
| Q1 2026 | -$320.6M | +$162.4M |
| Q4 2025 | $351.4M | +16% |
| Q3 2025 | $187M | -12% |
| Q2 2025 | $38.3M | -69% |
| Q1 2025 | -$483M | -$203.6M |
| Q4 2024 | $301.6M | -20% |
FCN 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.
FCN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -7.1% | -2M shares |
| 1 year | -15% | -4.8M shares |
| 3 years | -24% | -8.7M shares |
| 5 years | -24% | -8.4M shares |
| Available history | -29% | -11.1M shares |
FCN has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $85.2M |
| Q2 2026 | $393.2M |
| Q1 2026 | $126.8M |
| Q4 2025 | $87.8M |
| Q3 2025 | $234.2M |
| Q2 2025 | $354M |
| Q1 2025 | $182.6M |
| Q4 2024 | $10.2M |
FCN spent $693M buying back its own shares over the past year, down 11% 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 | — |
FCN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 2.0x | Healthy |
| Q1 2026 | 1.3x | Healthy |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.9x | Very low |
| Q2 2025 | 0.9x | Very low |
| Q1 2025 | 0.0x | Very low |
| Q4 2024 | -1.7x | Net Cash |
FCN's net debt is about 1.9 years of its operating earnings (EBITDA), up from less than a year 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.
FCN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 71.1 | Overbought |
| Stochastic | 93.8 | Overbought |
FCN's weekly RSI is 71 (overbought) and its Stochastic is 94 (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).
FCN PE vs Industrials Sector
| Metric | FCN | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 24x | 3% above |
| PE % | 68 | 58 | 10 pts above |
FCN 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.
FCN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $161.2 | 23% above |
| 20 week MA | $156.8 | 27% above |
| 50 week MA | $163.6 | 21% above |
| 100 week MA | $166.3 | 19% above |
| 200 week MA | $183.6 | 8.2% above |
FCN 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.
FCN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $110.6 | $111.1 | +0.4% |
| 2021 | $111.1 | $150.8 | +36% |
| 2022 | $150.8 | $156.9 | +4% |
| 2023 | $156.9 | $199.2 | +27% |
| 2024 | $199.2 | $192.9 | -3.1% |
| 2025 | $192.9 | $175.5 | -9% |
| 2026 YTD | $175.5 | $198.6 | +13% |
FCN 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.