MAN
ManpowerGroup Inc.
MAN has the edge over RKLB overall, supported by lower modeled downside and stronger modeled upside.
RKLB
Rocket Lab USA, Inc.
RKLB offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
MAN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Stable |
MAN's profitability is currently healthy, and its revenue, cash flow 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.
MAN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $27.13 | -41% |
| Forward | 11x | $46.05 | — |
| Fair | 17x | $44.33 | -3.7% |
| Current | 18x | $46.05 | — |
| Expensive | 69x | $174 | +279% |
Historical ranges are pointers, not guarantees.
MAN's PE is in its fair range at 18x. If earnings grow as analysts expect, today's price would be 11x 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.
MAN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for MAN, with profitability holding steady.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over MAN on the outlook, with more favorable profitability expectations.
MAN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.31 | +70% |
| Q3 2026 | $2.54 | +$2.99 |
| Q2 2026 | $2.21 | +$2.57 |
| Q1 2026 | -$0.36 | -116% |
| Q4 2025 | -$0.29 | -110% |
| Q3 2025 | -$0.45 | -151% |
| Q2 2025 | -$0.36 | -136% |
| Q1 2025 | $2.32 | +119% |
| Q4 2024 | $3.01 | +71% |
MAN 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.
MAN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.8B | +4.4% |
| Q2 2026 | $4.9B | +7.5% |
| Q1 2026 | $4.5B | +10% |
| Q4 2025 | $4.7B | +7.1% |
| Q3 2025 | $4.6B | +2.3% |
| Q2 2025 | $4.5B | 0% |
| Q1 2025 | $4.1B | -7.1% |
| Q4 2024 | $4.4B | -5% |
MAN's revenue has grown year over year for five quarters in a row: $4.8B last quarter, up 4.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.7% | +0.3 points |
| Q2 2026 | 2.3% | +2.9 points |
| Q1 2026 | 0.6% | -0.1 points |
| Q4 2025 | 1.7% | +0.2 points |
| Q3 2025 | 1.4% | -0.1 points |
| Q2 2025 | -0.6% | -2.8 points |
| Q1 2025 | 0.7% | -0.8 points |
| Q4 2024 | 1.6% | +2.4 points |
MAN 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 MAN 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.
MAN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$16.8M | -138% |
| Q2 2026 | -$8.5M | +$198.7M |
| Q1 2026 | -$135.3M | +$31.6M |
| Q4 2025 | $168M | -29% |
| Q3 2025 | $44.7M | -34% |
| Q2 2025 | -$207.2M | -$57.4M |
| Q1 2025 | -$166.9M | -260% |
| Q4 2024 | $236.3M | +161% |
MAN 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.
MAN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.5% | +700K shares |
| 1 year | +2.6% | +1.2M shares |
| 3 years | -4% | -2M shares |
| 5 years | -13% | -7.1M shares |
| Available history | -20% | -12.2M shares |
MAN has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $300,000 |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $13.2M |
| Q1 2025 | $25M |
| Q4 2024 | $34M |
MAN has spent almost nothing on buybacks in 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 | — |
MAN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.3x | Moderate |
| Q2 2026 | 2.3x | Moderate |
| Q1 2026 | 3.9x | Elevated |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 4.2x | High |
| Q2 2025 | 4.4x | High |
| Q1 2025 | 1.9x | Healthy |
| Q4 2024 | 1.1x | Healthy |
MAN's net debt is about 2.3 years of its operating earnings (EBITDA), down from 4.2 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.
MAN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.0 | Neutral |
| Stochastic | 23.3 | Neutral |
MAN's weekly RSI is 49 (neutral) and its Stochastic is 23 (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).
MAN PE vs Industrials Sector
| Metric | MAN | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 25% below |
| PE % | 53 | 58 | 5 pts below |
MAN is trading at 18x earnings, a 25% discount 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.
MAN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $48.8 | 5.6% below |
| 20 week MA | $51.9 | 11% below |
| 50 week MA | $38.9 | 18% above |
| 100 week MA | $42.1 | 9.5% above |
| 200 week MA | $58.3 | 21% below |
MAN's trend is mixed: it's above two of its five weekly moving averages, and 21% 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 MAN on trend strength, trading above more of its moving averages.
MAN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $97.1 | $91.4 | -5.9% |
| 2021 | $91.4 | $95.5 | +4.5% |
| 2022 | $95.5 | $83.8 | -12% |
| 2023 | $83.8 | $79.5 | -5.1% |
| 2024 | $79.5 | $57.2 | -28% |
| 2025 | $57.2 | $29.8 | -48% |
| 2026 YTD | $29.8 | $46.1 | +54% |
MAN 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.