PRIM
Primoris Services Corporation
PRIM has lower modeled downside risk, despite its lower overall score.
RKLB
Rocket Lab USA, Inc.
RKLB has the edge over PRIM overall, supported by stronger valuation and stronger modeled upside.
PRIM Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Under pressure | |
| Stable |
PRIM's profitability and balance sheet are currently stable, but its revenue and cash flow are 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.
PRIM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $18.84 | -74% |
| Fair | 14x | $23.96 | -67% |
| Forward | 15x | $71.55 | — |
| Expensive | 25x | $44.94 | -37% |
| Current | 40x | $71.55 | — |
Historical ranges are pointers, not guarantees.
PRIM's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 15x next year's earnings, in its fair range.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
PRIM Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for PRIM, with profitability improving. However, they disagree widely on these estimates.
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.
PRIM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.67 | +164% |
| Q3 2026 | $1.77 | -65% |
| Q2 2026 | $2.55 | -42% |
| Q1 2026 | $4.54 | +20% |
| Q4 2025 | $5.03 | +52% |
| Q3 2025 | $5.07 | +68% |
| Q2 2025 | $4.41 | +55% |
| Q1 2025 | $3.78 | +43% |
| Q4 2024 | $3.32 | +43% |
PRIM 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.
PRIM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2B | -10% |
| Q2 2026 | $1.7B | -11% |
| Q1 2026 | $1.6B | -5.4% |
| Q4 2025 | $1.9B | +6.7% |
| Q3 2025 | $2.2B | +32% |
| Q2 2025 | $1.9B | +21% |
| Q1 2025 | $1.6B | +17% |
| Q4 2024 | $1.7B | +15% |
PRIM's revenue is shrinking: $2B last quarter, down 10% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.9% | -1.4 points |
| Q2 2026 | -1.6% | -8.3 points |
| Q1 2026 | 1.6% | -2.7 points |
| Q4 2025 | 4.2% | -0.9 points |
| Q3 2025 | 6.3% | +0.3 points |
| Q2 2025 | 6.7% | +1.2 points |
| Q1 2025 | 4.3% | +1.1 points |
| Q4 2024 | 5% | +0.1 points |
PRIM 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 PRIM 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.
PRIM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $98.1M | -34% |
| Q2 2026 | -$31.2M | -169% |
| Q1 2026 | -$150.4M | -688% |
| Q4 2025 | $121.1M | -55% |
| Q3 2025 | $148.4M | -6.5% |
| Q2 2025 | $45.3M | +$53.5M |
| Q1 2025 | $25.6M | +$64.5M |
| Q4 2024 | $270M | +46% |
PRIM 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.
PRIM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +100K shares |
| 1 year | -1.3% | -703K shares |
| 3 years | -0.5% | -251K shares |
| 5 years | -0.5% | -267K shares |
| Available history | +6.7% | +3.4M shares |
PRIM has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100M |
| Q4 2022 | — |
| Q3 2022 | $2.6M |
| Q4 2020 | $494,000 |
| Q3 2020 | $2.6M |
| Q2 2020 | $950,000 |
| Q1 2020 | $7.4M |
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 | — |
PRIM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.1x | Moderate |
| Q2 2026 | 1.8x | Healthy |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.6x | Very low |
| Q4 2024 | 0.7x | Very low |
PRIM'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.
PRIM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.0 | Neutral |
| Stochastic | 34.3 | Neutral |
PRIM's weekly RSI is 40 (neutral) and its Stochastic is 34 (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).
PRIM PE vs Industrials Sector
| Metric | PRIM | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 24x | 68% above |
| PE % | 100 | 58 | 42 pts above |
PRIM is trading at 40x earnings, a 68% 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.
PRIM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $72.9 | 1.9% below |
| 20 week MA | $77.9 | 8.2% below |
| 50 week MA | $113.4 | 37% below |
| 100 week MA | $102.4 | 30% below |
| 200 week MA | $71.7 | 0.1% below |
PRIM is in a downtrend: it's below all five of its weekly moving averages, and 0.1% 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 PRIM on trend strength, trading above more of its moving averages.
PRIM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.9 | $27.8 | +27% |
| 2021 | $27.8 | $24.3 | -12% |
| 2022 | $24.3 | $21.9 | -9.9% |
| 2023 | $21.9 | $33.2 | +52% |
| 2024 | $33.2 | $77.7 | +134% |
| 2025 | $77.7 | $129.2 | +66% |
| 2026 YTD | $129.2 | $71.6 | -45% |
PRIM is down 45% so far in 2026, after finishing higher in four of the previous six years.
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 PRIM on returns for 2026, with the stronger performance.