MTRX
Matrix Service Company
MTRX has a slight edge over RKLB overall, supported by lower modeled downside.
RKLB
Rocket Lab USA, Inc.
RKLB offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
MTRX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Under pressure | |
| Strong |
MTRX's profitability and balance sheet are currently healthy, and its revenue is stable, but its cash flow 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.
MTRX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 14x | $9.26 | — |
| Cheap | 18x | $4.65 | -50% |
| Fair | 19x | $4.84 | -48% |
| Expensive | 22x | $5.74 | -38% |
| Current | 36x | $9.26 | — |
Historical ranges are pointers, not guarantees.
MTRX's PE is 36x, but its earnings don't support one, so it isn't a reliable read right now.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
MTRX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect MTRX's earnings to grow and its profitability to improve, with its revenue holding steady.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over MTRX on the outlook, with more favorable revenue expectations.
MTRX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.67 | +156% |
| Q3 2026 | $0.26 | +$1.12 |
| Q2 2026 | -$0.09 | +$0.97 |
| Q1 2026 | -$0.54 | +$0.27 |
| Q4 2025 | -$0.69 | +$0.53 |
| Q3 2025 | -$0.86 | +$0.26 |
| Q2 2025 | -$1.06 | -$0.15 |
| Q1 2025 | -$0.81 | -$0.05 |
| Q4 2024 | -$1.22 | -$0.52 |
MTRX 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.
MTRX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $219.4M | +3.5% |
| Q2 2026 | $244.5M | +13% |
| Q1 2026 | $206.7M | +3.3% |
| Q4 2025 | $210.5M | +12% |
| Q3 2025 | $211.9M | +28% |
| Q2 2025 | $216.4M | +14% |
| Q1 2025 | $200.2M | +21% |
| Q4 2024 | $187.2M | +6.9% |
MTRX's revenue has grown year over year for eight quarters in a row: $219M last quarter, up 3.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2% | +4.6 points |
| Q2 2026 | -0.4% | +5.6 points |
| Q1 2026 | -0.5% | +2 points |
| Q4 2025 | -1% | +2.4 points |
| Q3 2025 | -2.6% | +3.9 points |
| Q2 2025 | -6% | -3.1 points |
| Q1 2025 | -2.5% | +6.2 points |
| Q4 2024 | -3.4% | -0.5 points |
MTRX 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 MTRX 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.
MTRX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$37.7M | -$9.8M |
| Q2 2026 | -$10.2M | -127% |
| Q1 2026 | $33.2M | +16% |
| Q4 2025 | $6.3M | -81% |
| Q3 2025 | -$27.9M | -380% |
| Q2 2025 | $38.4M | -16% |
| Q1 2025 | $28.7M | +43% |
| Q4 2024 | $32.7M | +12% |
MTRX's free cash flow was −$8M over the past year, against $72M the year before.
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.
MTRX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.7% | +200K shares |
| 1 year | +1.7% | +487K shares |
| 3 years | +5.1% | +1.4M shares |
| 5 years | +7.1% | +1.9M shares |
| Available history | +5.8% | +1.6M shares |
MTRX has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.5M |
| Q2 2021 | — |
| Q1 2021 | — |
| Q2 2020 | — |
| Q1 2020 | $7.1M |
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 | — |
MTRX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -21.9x | Net Cash |
| Q1 2020 | -10.3x | Net Cash |
| Q4 2019 | -3.7x | Net Cash |
MTRX has more cash than debt.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
MTRX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.1 | Neutral |
| Stochastic | 18.8 | Oversold |
MTRX's weekly RSI is 34 (neutral) and its Stochastic is 19 (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).
MTRX PE vs Industrials Sector
| Metric | MTRX | Sector median | Relative |
|---|---|---|---|
| PE | 36x | 24x | 48% above |
MTRX is trading at 36x earnings, a 48% premium to the Industrials sector's median of 24x, though its earnings don't support one.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
MTRX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.82 | 5.7% below |
| 20 week MA | $10.8 | 14% below |
| 50 week MA | $11.7 | 21% below |
| 100 week MA | $12.4 | 25% below |
| 200 week MA | $10.9 | 15% below |
MTRX is in a downtrend: it's below all five of its weekly moving averages, and 15% 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 MTRX on trend strength, trading above more of its moving averages.
MTRX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.4 | $11.7 | -48% |
| 2021 | $11.7 | $7.14 | -39% |
| 2022 | $7.14 | $6.16 | -14% |
| 2023 | $6.16 | $9.78 | +59% |
| 2024 | $9.78 | $11.9 | +22% |
| 2025 | $11.9 | $11.8 | -1.6% |
| 2026 YTD | $11.8 | $9.26 | -21% |
MTRX has finished lower in four of the last six years. It's down 21% 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 MTRX on returns for 2026, with the stronger performance.