LMB
Limbach Holdings, Inc.
LMB has a slight 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.
LMB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Healthy | |
| Stable |
LMB's revenue and cash flow are currently healthy, and its profitability 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.
LMB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $56.65 | — |
| Cheap | 16x | $39.79 | -30% |
| Current | 22x | $56.65 | — |
| Fair | 26x | $66.46 | +17% |
| Expensive | 39x | $101 | +77% |
Historical ranges are pointers, not guarantees.
LMB's PE is in its fair range at 22x. If earnings grow as analysts expect, today's price would be 12x 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.
LMB Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for LMB, with profitability 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 LMB on the outlook, with more favorable profitability expectations.
LMB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.73 | +85% |
| Q3 2026 | $2.55 | -16% |
| Q2 2026 | $2.49 | -15% |
| Q1 2026 | $2.74 | -1.4% |
| Q4 2025 | $3.23 | +26% |
| Q3 2025 | $3.03 | +39% |
| Q2 2025 | $2.92 | +35% |
| Q1 2025 | $2.78 | +31% |
| Q4 2024 | $2.57 | +46% |
LMB 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.
LMB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $230.5M | +25% |
| Q2 2026 | $173.5M | +22% |
| Q1 2026 | $138.9M | +4.3% |
| Q4 2025 | $186.9M | +30% |
| Q3 2025 | $184.6M | +38% |
| Q2 2025 | $142.2M | +16% |
| Q1 2025 | $133.1M | +12% |
| Q4 2024 | $143.7M | +0.7% |
LMB's revenue has grown year over year for nine quarters in a row: $230M last quarter, up 25% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.5% | -0.7 points |
| Q2 2026 | 4.2% | -3.3 points |
| Q1 2026 | 0.8% | -5.1 points |
| Q4 2025 | 9.4% | +0.3 points |
| Q3 2025 | 7.2% | -0.9 points |
| Q2 2025 | 7.5% | +0.8 points |
| Q1 2025 | 5.9% | +0.5 points |
| Q4 2024 | 9.1% | +4 points |
LMB 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 LMB 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.
LMB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $19.5M | +52% |
| Q2 2026 | $18.1M | +1466% |
| Q1 2026 | -$8.2M | -74800% |
| Q4 2025 | $27.9M | +55% |
| Q3 2025 | $12.8M | +180% |
| Q2 2025 | $1.2M | -91% |
| Q1 2025 | $11K | +$6.5M |
| Q4 2024 | $18M | +34% |
LMB 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.
LMB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -39.8K shares |
| 1 year | -0.9% | -107K shares |
| 3 years | +1.8% | +211K shares |
| 5 years | +14% | +1.5M shares |
| Available history | +57% | +4.3M shares |
LMB 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 | — |
LMB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.0x | Moderate |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 0.7x | Very low |
| Q4 2025 | 0.4x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.2x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
LMB's net debt is about 2.0 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.
LMB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.4 | Neutral |
| Stochastic | 47.5 | Neutral |
LMB's weekly RSI is 46 (neutral) and its Stochastic is 47 (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).
LMB PE vs Industrials Sector
| Metric | LMB | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 24x | 7.7% below |
| PE % | 35 | 58 | 23 pts below |
LMB 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.
LMB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $50.8 | 11% above |
| 20 week MA | $55.3 | 2.4% above |
| 50 week MA | $71.3 | 21% below |
| 100 week MA | $87.0 | 35% below |
| 200 week MA | $65.1 | 13% below |
LMB has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 13% 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 LMB on trend strength, trading above more of its moving averages.
LMB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.23 | $13.0 | +302% |
| 2021 | $13.0 | $9.04 | -30% |
| 2022 | $9.04 | $10.3 | +14% |
| 2023 | $10.3 | $45.5 | +343% |
| 2024 | $45.5 | $85.9 | +89% |
| 2025 | $85.9 | $79.3 | -7.7% |
| 2026 YTD | $79.3 | $56.7 | -29% |
LMB has finished higher in four of the last six years, three of them by more than 50%. It's down 29% 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 LMB on returns for 2026, with the stronger performance.