HLMN
Hillman Solutions Corp.
HLMN has a slight edge over RKLB overall, supported by lower modeled downside and stronger valuation.
RKLB
Rocket Lab USA, Inc.
RKLB offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
HLMN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Healthy | |
| Under pressure |
HLMN's revenue and cash flow are currently healthy, and its profitability is stable, but its balance sheet is under pressure.
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.
HLMN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 13x | $7.90 | — |
| Cheap | 42x | $5.03 | -36% |
| Current | 66x | $7.90 | — |
| Fair | 78x | $9.31 | +18% |
| Expensive | 337x | $40.48 | +412% |
Historical ranges are pointers, not guarantees.
HLMN's PE is in its fair range at 66x. 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.
HLMN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for HLMN, with profitability holding steady.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over HLMN on the outlook, with more favorable profitability expectations.
HLMN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.63 | +422% |
| Q3 2026 | $0.12 | -40% |
| Q2 2026 | $0.21 | +75% |
| Q1 2026 | $0.18 | +80% |
| Q4 2025 | $0.20 | +122% |
| Q3 2025 | $0.20 | +400% |
| Q2 2025 | $0.12 | +300% |
| Q1 2025 | $0.10 | +$0.11 |
| Q4 2024 | $0.09 | +$0.14 |
HLMN 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.
HLMN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $457.5M | +7.7% |
| Q2 2026 | $442.3M | +9.8% |
| Q1 2026 | $370.1M | +3% |
| Q4 2025 | $365.1M | +4.5% |
| Q3 2025 | $424.9M | +8% |
| Q2 2025 | $402.8M | +6.2% |
| Q1 2025 | $359.3M | +2.6% |
| Q4 2024 | $349.6M | +0.5% |
HLMN's revenue has grown year over year for eight quarters in a row: $457M last quarter, up 7.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.3% | -2.5 points |
| Q2 2026 | 9.3% | +0.2 points |
| Q1 2026 | 1.9% | -2.2 points |
| Q4 2025 | 4.6% | +0.6 points |
| Q3 2025 | 11% | +4 points |
| Q2 2025 | 9% | +0.7 points |
| Q1 2025 | 4.2% | -0.5 points |
| Q4 2024 | 4% | +2.8 points |
HLMN 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 HLMN 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.
HLMN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $51.1M | +464% |
| Q2 2026 | $70.2M | +125% |
| Q1 2026 | -$34.3M | -$13M |
| Q4 2025 | $16.1M | -27% |
| Q3 2025 | $9.1M | -77% |
| Q2 2025 | $31.2M | -27% |
| Q1 2025 | -$21.3M | -$15.2M |
| Q4 2024 | $22.1M | -58% |
HLMN 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.
HLMN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -833K shares |
| 1 year | -1.9% | -3.8M shares |
| 3 years | -0.3% | -517K shares |
| 5 years | +1056% | +179M shares |
HLMN has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5M |
| Q2 2026 | $13.3M |
| Q1 2026 | $10.1M |
| Q4 2025 | $9.3M |
| Q2 2020 | — |
| Q1 2020 | — |
HLMN spent $38M buying back its own shares over the past year.
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 | — |
HLMN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.7x | Elevated |
| Q2 2026 | 2.6x | Moderate |
| Q1 2026 | 2.8x | Moderate |
| Q4 2025 | 2.6x | Moderate |
| Q3 2025 | 2.6x | Moderate |
| Q2 2025 | 2.9x | Moderate |
| Q1 2025 | 3.1x | Elevated |
| Q4 2024 | 3.0x | Elevated |
HLMN's net debt is about 3.7 years of its operating earnings (EBITDA), up from 2.6 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.
HLMN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.9 | Neutral |
| Stochastic | 48.0 | Neutral |
HLMN's weekly RSI is 51 (neutral) and its Stochastic is 48 (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).
HLMN PE vs Industrials Sector
| Metric | HLMN | Sector median | Relative |
|---|---|---|---|
| PE | 66x | 24x | 173% above |
| PE % | 39 | 56 | 17 pts below |
HLMN is trading at 66x earnings, a 173% 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.
HLMN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.46 | 5.9% above |
| 20 week MA | $7.76 | 1.8% above |
| 50 week MA | $8.24 | 4.1% below |
| 100 week MA | $8.52 | 7.3% below |
| 200 week MA | $8.83 | 11% below |
HLMN has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 11% 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 HLMN on trend strength, trading above more of its moving averages.
HLMN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.95 | $10.2 | +2.9% |
| 2021 | $10.2 | $10.5 | +2.5% |
| 2022 | $10.5 | $6.82 | -35% |
| 2023 | $6.82 | $9.21 | +35% |
| 2024 | $9.21 | $9.80 | +6.4% |
| 2025 | $9.80 | $9.09 | -7.2% |
| 2026 YTD | $9.09 | $7.90 | -13% |
HLMN has finished higher in four of the last six years. 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 HLMN on returns for 2026, with the stronger performance.