HEI
HEICO Corporation
HEI has the edge over RKLB overall, supported by lower modeled downside and stronger fundamentals.
RKLB
Rocket Lab USA, Inc.
RKLB's outlook is improving, though it still trails on the overall score.
HEI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Healthy |
HEI'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.
HEI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 47x | $340 | — |
| Cheap | 53x | $321 | -5.5% |
| Current | 57x | $340 | — |
| Fair | 63x | $380 | +12% |
| Expensive | 70x | $423 | +25% |
Historical ranges are pointers, not guarantees.
HEI's PE is in its cheap range at 57x. If earnings grow as analysts expect, today's price would be 47x next year's earnings.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
HEI Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for HEI, 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.
HEI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.19 | +20% |
| Q3 2026 | $6.00 | +31% |
| Q2 2026 | $5.59 | +30% |
| Q1 2026 | $5.05 | +25% |
| Q4 2025 | $4.90 | +34% |
| Q3 2025 | $4.58 | +34% |
| Q2 2025 | $4.29 | +35% |
| Q1 2025 | $4.05 | +32% |
| Q4 2024 | $3.67 | +26% |
HEI 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.
HEI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +23% |
| Q2 2026 | $1.4B | +25% |
| Q1 2026 | $1.2B | +14% |
| Q4 2025 | $1.2B | +19% |
| Q3 2025 | $1.1B | +16% |
| Q2 2025 | $1.1B | +15% |
| Q1 2025 | $1B | +15% |
| Q4 2024 | $1B | +8.2% |
HEI's revenue has grown year over year for 21 quarters in a row: $1.4B last quarter, up 23% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +2.1 points |
| Q2 2026 | 25% | +2.9 points |
| Q1 2026 | 22% | 0 points |
| Q4 2025 | 23% | +1.5 points |
| Q3 2025 | 23% | +1.3 points |
| Q2 2025 | 23% | +0.7 points |
| Q1 2025 | 22% | +1.9 points |
| Q4 2024 | 22% | +1.3 points |
HEI 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 HEI 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.
HEI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $322.8M | +48% |
| Q2 2026 | $273.9M | +45% |
| Q1 2026 | $165.1M | -11% |
| Q4 2025 | $268.5M | +42% |
| Q3 2025 | $218.5M | +10% |
| Q2 2025 | $188.7M | +47% |
| Q1 2025 | $185.7M | +89% |
| Q4 2024 | $189.5M | +42% |
HEI 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.
HEI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +201K shares |
| 1 year | +0.2% | +319K shares |
| 3 years | +1.9% | +2.6M shares |
| 5 years | +2.4% | +3.3M shares |
| Available history | +2.8% | +3.8M shares |
HEI has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
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 | — |
HEI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.6x | Healthy |
| Q2 2026 | 1.7x | Healthy |
| Q1 2026 | 1.8x | Healthy |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 1.9x | Healthy |
| Q2 2025 | 1.9x | Healthy |
| Q1 2025 | 2.1x | Moderate |
| Q4 2024 | 2.1x | Moderate |
HEI's net debt is about 1.6 years of its operating earnings (EBITDA), down from 1.9 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.
HEI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.4 | Neutral |
| Stochastic | 50.3 | Neutral |
HEI's weekly RSI is 55 (neutral) and its Stochastic is 50 (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).
HEI PE vs Industrials Sector
| Metric | HEI | Sector median | Relative |
|---|---|---|---|
| PE | 57x | 24x | 135% above |
| PE % | 24 | 58 | 34 pts below |
HEI is trading at 57x earnings, a 135% 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.
HEI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $313.8 | 8.2% above |
| 20 week MA | $332.3 | 2.2% above |
| 50 week MA | $321.2 | 5.7% above |
| 100 week MA | $302.7 | 12% above |
| 200 week MA | $249.8 | 36% above |
HEI 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.
HEI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $115.1 | $131.2 | +14% |
| 2021 | $131.2 | $142.3 | +8.4% |
| 2022 | $142.3 | $154.2 | +8.4% |
| 2023 | $154.2 | $178.9 | +16% |
| 2024 | $178.9 | $240.9 | +35% |
| 2025 | $240.9 | $334.8 | +39% |
| 2026 YTD | $334.8 | $339.5 | +1.4% |
HEI 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.