PAC
Grupo Aeroportuario del Pacífico, S.A.B. de C.V.
PAC has the edge over RKLB overall, supported by lower modeled downside and stronger fundamentals.
RKLB
Rocket Lab USA, Inc.
RKLB offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
PAC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Stable |
PAC's revenue and profitability are currently healthy, and its 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.
PAC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $177 | -25% |
| Fair | 20x | $221 | -7.2% |
| Current | 22x | $238 | — |
| Expensive | 25x | $276 | +16% |
Historical ranges are pointers, not guarantees.
PAC's PE is 22x, 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.
PAC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for PAC, 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.
PAC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $10.94 | +0.1% |
| Q2 2026 | $11.18 | +9.9% |
| Q1 2026 | $11.49 | +18% |
| Q4 2025 | $11.00 | +22% |
| Q3 2025 | $10.93 | +19% |
| Q2 2025 | $10.17 | +6.2% |
| Q1 2025 | $9.74 | -0.8% |
| Q4 2024 | $9.00 | -12% |
PAC 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.
PAC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $626M | +22% |
| Q2 2026 | $608.1M | +4.1% |
| Q1 2026 | $610M | +2.8% |
| Q4 2025 | $54.3M | -64% |
| Q3 2025 | $513.8M | +16% |
| Q2 2025 | $583.9M | +50% |
| Q1 2025 | $593.2M | +30% |
| Q4 2024 | $150M | +109% |
PAC's revenue has held roughly level: $626M last quarter, up 22% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 43% | -0.1 points |
| Q2 2026 | 45% | +2.7 points |
| Q1 2026 | 44% | +1.9 points |
| Q4 2025 | 411% | +273 points |
| Q3 2025 | 43% | -1.9 points |
| Q2 2025 | 42% | -6.3 points |
| Q1 2025 | 42% | -4.4 points |
| Q4 2024 | 137% | -121 points |
PAC 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 PAC 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.
PAC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $96.6M | +3892% |
| Q2 2026 | -$77.8M | -139% |
| Q1 2026 | $312M | +110% |
| Q4 2025 | -$35.6M | -146% |
| Q3 2025 | $2.4M | -97% |
| Q2 2025 | $198.6M | +71% |
| Q1 2025 | $148.6M | -11% |
| Q4 2024 | $77.9M | +474% |
PAC 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.
PAC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +18% | +9M shares |
| 3 years | +18% | +9M shares |
| 5 years | +16% | +8M shares |
| Available history | +13% | +6.9M shares |
PAC has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $187.9M |
PAC hasn't bought back shares 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 | — |
PAC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.0x | Moderate |
| Q2 2026 | 2.2x | Moderate |
| Q1 2026 | -1.2x | Net Cash |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | 1.8x | Healthy |
| Q1 2025 | 1.7x | Healthy |
| Q4 2024 | 1.9x | Healthy |
PAC's net debt is about 2.0 years of its operating earnings (EBITDA), up from less than a year 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.
PAC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.4 | Neutral |
| Stochastic | 91.3 | Overbought |
PAC's weekly RSI is 55 (neutral) and its Stochastic is 91 (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).
PAC PE vs Industrials Sector
| Metric | PAC | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 24x | 9.6% below |
| PE % | 61 | 58 | 3 pts above |
PAC is trading at 22x earnings, in line with 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.
PAC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $220.2 | 8.1% above |
| 20 week MA | $218.5 | 8.9% above |
| 50 week MA | $240.2 | 0.9% below |
| 100 week MA | $227.3 | 4.7% above |
| 200 week MA | $198.9 | 20% above |
PAC 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.
PAC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $120.3 | $110.2 | -8.4% |
| 2021 | $110.2 | $132.4 | +20% |
| 2022 | $132.4 | $155.1 | +17% |
| 2023 | $155.1 | $175.2 | +13% |
| 2024 | $175.2 | $178.7 | +2% |
| 2025 | $178.7 | $272.4 | +52% |
| 2026 YTD | $272.4 | $238.0 | -13% |
PAC has finished higher in five of the last six years. It's down 13% 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 PAC on returns for 2026, with the stronger performance.