NL
NL Industries, Inc.
NL trails on the overall score without a compensating advantage in the available component scores.
RKLB
Rocket Lab USA, Inc.
RKLB has a slight edge over NL overall, supported by stronger fundamentals.
NL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Healthy | |
| Strong |
NL's revenue, cash flow and balance sheet are currently healthy, but its profitability 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.
NL PE Valuation
NL has no meaningful PE right now: it lost money over the past year.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
NL Forward outlook
There aren't enough analyst estimates for NL to show an outlook.
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.
NL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.10 | -150% |
| Q2 2026 | -$0.52 | -147% |
| Q1 2026 | -$0.69 | -155% |
| Q4 2025 | -$0.77 | -156% |
| Q3 2025 | $0.20 | -83% |
| Q2 2025 | $1.10 | +139% |
| Q1 2025 | $1.25 | +421% |
| Q4 2022 | $0.69 | -34% |
NL has swung to a loss: it lost $0.10 per share over the past year, after a profit the year before.
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 has the edge over NL on earnings, with more consistent year-over-year improvement.
NL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $44M | +10% |
| Q2 2026 | $43.6M | +8% |
| Q1 2026 | $40.6M | +0.7% |
| Q4 2025 | $37.7M | -1.9% |
| Q3 2025 | $40M | +19% |
| Q2 2025 | $40.4M | +12% |
| Q1 2025 | $40.3M | +6.1% |
| Q4 2024 | $38.4M | -11% |
NL's revenue has picked up after three years of holding roughly level: $44M last quarter, up 10% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.1% | +2.5 points |
| Q2 2026 | 14% | +7.1 points |
| Q1 2026 | 10% | +2.3 points |
| Q4 2025 | 7.6% | -80 points |
| Q3 2025 | 4.6% | -1.4 points |
| Q2 2025 | 6.9% | +4.7 points |
| Q1 2025 | 7.8% | +4.3 points |
| Q4 2024 | 88% | +77 points |
NL 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 NL 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.
NL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $8.4M | +22% |
| Q2 2026 | $9.8M | +66% |
| Q1 2026 | -$3.9M | +$44.4M |
| Q4 2025 | -$4.7M | -154% |
| Q3 2025 | $7M | +$13.1M |
| Q2 2025 | $5.9M | -61% |
| Q1 2025 | -$48.3M | -850% |
| Q4 2024 | $8.7M | -58% |
NL 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.
NL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +18K shares |
| 1 year | +0.1% | +36K shares |
| 3 years | +0.1% | +66K shares |
| 5 years | +0.2% | +104K shares |
| Available history | +0.3% | +154K shares |
NL 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 | — |
NL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.6x | Net Cash |
| Q2 2026 | -5.8x | Net Cash |
| Q1 2026 | -6.7x | Net Cash |
| Q4 2025 | -7.7x | Net Cash |
| Q3 2025 | -2.3x | Net Cash |
| Q2 2025 | -2.5x | Net Cash |
| Q1 2025 | -2.5x | Net Cash |
| Q4 2024 | -3.9x | Net Cash |
NL 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.
NL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.6 | Neutral |
| Stochastic | 77.4 | Neutral |
NL's weekly RSI is 63 (neutral) and its Stochastic is 77 (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).
NL PE vs Industrials Sector
| Metric | NL | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
NL has no meaningful PE right now: it lost money over the past year.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
NL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.97 | 4.2% above |
| 20 week MA | $6.62 | 9.7% above |
| 50 week MA | $6.26 | 16% above |
| 100 week MA | $6.58 | 10% above |
| 200 week MA | $6.44 | 13% above |
NL 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.
NL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.88 | $4.55 | +17% |
| 2021 | $4.55 | $7.09 | +56% |
| 2022 | $7.09 | $6.46 | -8.9% |
| 2023 | $6.46 | $5.61 | -13% |
| 2024 | $5.61 | $7.98 | +42% |
| 2025 | $7.98 | $5.46 | -32% |
| 2026 YTD | $5.46 | $7.26 | +33% |
NL 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.