ORN
Orion Group Holdings, Inc.
ORN has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over ORN overall, supported by stronger fundamentals and stronger valuation.
ORN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Under pressure |
ORN's revenue is currently healthy, and its profitability is stable, but its cash flow and balance sheet are under pressure.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
ORN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.7x | $1.40 | -82% |
| Fair | 21x | $3.30 | -57% |
| Forward | 27x | $7.65 | — |
| Current | 48x | $7.65 | — |
| Expensive | 85x | $13.65 | +78% |
Historical ranges are pointers, not guarantees.
ORN's PE is in its expensive range at 48x. If earnings grow as analysts expect, today's price would be 27x next year's earnings, in its fair range.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
ORN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for ORN, with profitability holding steady. However, they disagree widely on these estimates.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over ORN on the outlook, with more favorable profitability expectations.
ORN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.28 | +76% |
| Q3 2026 | $0.16 | -43% |
| Q2 2026 | $0.10 | -69% |
| Q1 2026 | $0.22 | +120% |
| Q4 2025 | $0.06 | +$0.11 |
| Q3 2025 | $0.28 | +$0.68 |
| Q2 2025 | $0.32 | +$0.86 |
| Q1 2025 | $0.10 | +$0.45 |
| Q4 2024 | -$0.05 | +$0.50 |
ORN has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
ORN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $256.2M | +14% |
| Q2 2026 | $221.9M | +8.1% |
| Q1 2026 | $216.3M | +15% |
| Q4 2025 | $233.2M | +7.5% |
| Q3 2025 | $225.1M | -0.7% |
| Q2 2025 | $205.3M | +6.8% |
| Q1 2025 | $188.7M | +17% |
| Q4 2024 | $216.9M | +7.6% |
ORN's revenue has grown year over year for four quarters in a row: $256M last quarter, up 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.3% | +1 points |
| Q2 2026 | -0.6% | -2.3 points |
| Q1 2026 | -0.4% | -0.8 points |
| Q4 2025 | 2.1% | -2.3 points |
| Q3 2025 | 2.4% | -1.1 points |
| Q2 2025 | 1.7% | +3.1 points |
| Q1 2025 | 0.4% | +2.4 points |
| Q4 2024 | 4.4% | +4.7 points |
ORN has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW's revenue has grown year over year for five quarters in a row: $109M last quarter, up 5.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
ORN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$6M | -143% |
| Q2 2026 | -$29.2M | -$16.5M |
| Q1 2026 | -$3.7M | +$8.8M |
| Q4 2025 | $454K | -95% |
| Q3 2025 | $13.9M | -58% |
| Q2 2025 | -$12.7M | +$7.3M |
| Q1 2025 | -$12.5M | +$12.2M |
| Q4 2024 | $9.9M | -77% |
ORN has the edge over RDW on cash flow, with more consistent year-over-year improvement.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
ORN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +39.6K shares |
| 1 year | +1.8% | +731K shares |
| 3 years | +25% | +8.1M shares |
| 5 years | +31% | +9.5M shares |
| Available history | +38% | +11.2M shares |
ORN has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q3 2020 | $164,000 |
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
ORN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.4x | Elevated |
| Q2 2026 | 3.8x | Elevated |
| Q1 2026 | 2.4x | Moderate |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.9x | Very low |
| Q1 2025 | 0.4x | Very low |
| Q4 2024 | -0.2x | Net Cash |
ORN's net debt is about 3.4 years of its operating earnings (EBITDA), up from less than a year a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ORN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.0 | Neutral |
| Stochastic | 13.2 | Oversold |
ORN's weekly RSI is 34 (neutral) and its Stochastic is 13 (oversold).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
ORN PE vs Industrials Sector
| Metric | ORN | Sector median | Relative |
|---|---|---|---|
| PE | 48x | 24x | 99% above |
| PE % | 67 | 58 | 9 pts above |
ORN is trading at 48x earnings, a 99% premium to the Industrials sector's median of 24x.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
ORN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.44 | 9.4% below |
| 20 week MA | $9.89 | 23% below |
| 50 week MA | $11.5 | 33% below |
| 100 week MA | $9.65 | 21% below |
| 200 week MA | $7.62 | 0.4% above |
ORN has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
ORN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.00 | $4.94 | -1.2% |
| 2021 | $4.94 | $3.78 | -23% |
| 2022 | $3.78 | $2.29 | -39% |
| 2023 | $2.29 | $4.94 | +116% |
| 2024 | $4.94 | $7.53 | +52% |
| 2025 | $7.53 | $10.4 | +38% |
| 2026 YTD | $10.4 | $7.65 | -27% |
ORN has finished lower in three of the last six years. It's down 27% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over ORN on returns for 2026, with the stronger performance.