FELE
Franklin Electric Co., Inc.
FELE has the edge over RKLB overall, supported by lower modeled downside and stronger valuation.
RKLB
Rocket Lab USA, Inc.
RKLB offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
FELE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Healthy |
FELE'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.
FELE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $97.63 | — |
| Current | 22x | $97.63 | — |
| Cheap | 23x | $100 | +2.6% |
| Fair | 25x | $113 | +16% |
| Expensive | 32x | $140 | +44% |
Historical ranges are pointers, not guarantees.
FELE's PE is in its cheap range at 22x. If earnings grow as analysts expect, today's price would be 19x next year's earnings.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
FELE Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for FELE, with profitability holding steady.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over FELE on the outlook, with more favorable profitability expectations.
FELE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.22 | +17% |
| Q3 2026 | $4.45 | +44% |
| Q2 2026 | $3.47 | -11% |
| Q1 2026 | $3.32 | -13% |
| Q4 2025 | $3.22 | -17% |
| Q3 2025 | $3.08 | -22% |
| Q2 2025 | $3.88 | -3.2% |
| Q1 2025 | $3.83 | -4.7% |
| Q4 2024 | $3.86 | -6.1% |
FELE 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.
FELE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $633.6M | +8.9% |
| Q2 2026 | $622.9M | +6% |
| Q1 2026 | $500.4M | +9.9% |
| Q4 2025 | $506.9M | +4.3% |
| Q3 2025 | $581.7M | +9.5% |
| Q2 2025 | $587.4M | +8.1% |
| Q1 2025 | $455.2M | -1.2% |
| Q4 2024 | $485.7M | +2.7% |
FELE's revenue has grown year over year for six quarters in a row: $634M last quarter, up 8.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | -1 points |
| Q2 2026 | 15% | 0 points |
| Q1 2026 | 9.6% | -0.1 points |
| Q4 2025 | 10% | +1.3 points |
| Q3 2025 | 15% | +0.8 points |
| Q2 2025 | 15% | +0.4 points |
| Q1 2025 | 9.7% | -0.7 points |
| Q4 2024 | 8.9% | -1.9 points |
FELE 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 FELE 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.
FELE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $66.5M | -27% |
| Q2 2026 | $88.7M | +122% |
| Q1 2026 | -$50.4M | -$24.1M |
| Q4 2025 | $88.7M | -9% |
| Q3 2025 | $91.3M | -14% |
| Q2 2025 | $39.9M | +53% |
| Q1 2025 | -$26.3M | -$15.8M |
| Q4 2024 | $97.5M | -7.9% |
FELE 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.
FELE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -100K shares |
| 1 year | -0.9% | -400K shares |
| 3 years | -4.9% | -2.3M shares |
| 5 years | -5.1% | -2.4M shares |
| Available history | -4.7% | -2.2M shares |
FELE has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6.6M |
| Q2 2026 | $5.1M |
| Q1 2026 | $13.2M |
| Q4 2025 | $36.2M |
| Q3 2025 | $94,000 |
| Q2 2025 | $122.4M |
| Q1 2025 | $6.9M |
| Q4 2024 | $4.1M |
FELE spent $61M buying back its own shares over the past year, down 54% 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 | — |
FELE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.2x | Healthy |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 0.4x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.6x | Very low |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | -0.3x | Net Cash |
FELE's net debt is about 1.1 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.
FELE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.0 | Neutral |
| Stochastic | 12.7 | Oversold |
FELE's weekly RSI is 47 (neutral) and its Stochastic is 13 (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).
FELE PE vs Industrials Sector
| Metric | FELE | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 24x | 8.8% below |
| PE % | 9 | 58 | 49 pts below |
FELE is trading at 22x 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.
FELE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.4 | 0.2% above |
| 20 week MA | $100.8 | 3.2% below |
| 50 week MA | $99.7 | 2% below |
| 100 week MA | $96.9 | 0.8% above |
| 200 week MA | $97.0 | 0.7% above |
FELE's trend is mixed: it's above three of its five weekly moving averages, and 0.7% above 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's trend is mixed: it's above three of its five weekly moving averages, and 104% above its 200-week average.
FELE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $56.8 | $70.0 | +23% |
| 2021 | $70.0 | $91.4 | +31% |
| 2022 | $91.4 | $80.0 | -13% |
| 2023 | $80.0 | $96.7 | +21% |
| 2024 | $96.7 | $98.0 | +1.3% |
| 2025 | $98.0 | $99.2 | +1.3% |
| 2026 YTD | $99.2 | $97.6 | -1.6% |
FELE 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.