MTW
The Manitowoc Company, Inc.
MTW 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.
MTW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Stable |
MTW's revenue is currently healthy, and its profitability, 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.
MTW PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.9x | $5.69 | -77% |
| Forward | 18x | $24.38 | — |
| Fair | 22x | $15.81 | -35% |
| Current | 34x | $24.38 | — |
| Expensive | 50x | $36.03 | +48% |
Historical ranges are pointers, not guarantees.
MTW's PE is in its fair range at 34x. If earnings grow as analysts expect, today's price would be 18x next year's earnings.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
MTW Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for MTW, 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.
MTW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.38 | +92% |
| Q3 2026 | $0.72 | -55% |
| Q2 2026 | $0.56 | -56% |
| Q1 2026 | $0.21 | -83% |
| Q4 2025 | $0.20 | -87% |
| Q3 2025 | $1.60 | +$1.87 |
| Q2 2025 | $1.26 | +473% |
| Q1 2025 | $1.26 | +68% |
| Q4 2024 | $1.56 | +43% |
MTW 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.
MTW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $613.8M | +11% |
| Q2 2026 | $594.9M | +10% |
| Q1 2026 | $494.6M | +5% |
| Q4 2025 | $677.1M | +14% |
| Q3 2025 | $553.4M | +5.4% |
| Q2 2025 | $539.5M | -4% |
| Q1 2025 | $470.9M | -4.9% |
| Q4 2024 | $596M | 0% |
MTW's revenue has grown year over year for five quarters in a row: $614M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.2% | +1.8 points |
| Q2 2026 | 5.2% | +3.4 points |
| Q1 2026 | 0.6% | -0.5 points |
| Q4 2025 | 3% | +0.3 points |
| Q3 2025 | 3.3% | +1.9 points |
| Q2 2025 | 1.8% | -0.5 points |
| Q1 2025 | 1.1% | -1.9 points |
| Q4 2024 | 2.7% | +1.1 points |
MTW 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 MTW 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.
MTW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$42.1M | -$20.1M |
| Q2 2026 | -$6.1M | +$67.6M |
| Q1 2026 | $19.2M | +814% |
| Q4 2025 | $78.3M | -23% |
| Q3 2025 | -$22M | +$30.9M |
| Q2 2025 | -$73.7M | -$71.8M |
| Q1 2025 | $2.1M | +$44.9M |
| Q4 2024 | $101.1M | +353% |
MTW 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.
MTW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +369K shares |
| 1 year | +1.7% | +634K shares |
| 3 years | +3.1% | +1.1M shares |
| 5 years | +5.3% | +1.9M shares |
| Available history | +3.5% | +1.3M shares |
MTW has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | $5.7M |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
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 | — |
MTW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.8x | Moderate |
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 3.3x | Elevated |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 4.2x | High |
| Q2 2025 | 4.4x | High |
| Q1 2025 | 3.4x | Elevated |
| Q4 2024 | 3.0x | Moderate |
MTW's net debt is about 2.8 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.
MTW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 71.0 | Overbought |
| Stochastic | 84.3 | Overbought |
MTW's weekly RSI is 71 (overbought) and its Stochastic is 84 (overbought).
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).
MTW PE vs Industrials Sector
| Metric | MTW | Sector median | Relative |
|---|---|---|---|
| PE | 34x | 24x | 41% above |
| PE % | 59 | 58 | 1 pt above |
MTW is trading at 34x earnings, a 41% 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.
MTW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.6 | 8% above |
| 20 week MA | $19.5 | 25% above |
| 50 week MA | $15.6 | 56% above |
| 100 week MA | $12.9 | 89% above |
| 200 week MA | $13.4 | 82% above |
MTW 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.
MTW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.5 | $13.3 | -24% |
| 2021 | $13.3 | $18.6 | +40% |
| 2022 | $18.6 | $9.47 | -49% |
| 2023 | $9.47 | $16.7 | +76% |
| 2024 | $16.7 | $8.77 | -47% |
| 2025 | $8.77 | $12.6 | +44% |
| 2026 YTD | $12.6 | $24.4 | +93% |
MTW 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.