PSN
Parsons Corporation
PSN has lower modeled downside risk, despite its lower overall score.
RKLB
Rocket Lab USA, Inc.
RKLB has a slight edge over PSN overall, supported by stronger fundamentals and stronger modeled upside.
PSN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Stable |
PSN's cash flow is currently healthy, and its revenue, profitability 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.
PSN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 15x | $49.87 | — |
| Cheap | 30x | $41.76 | -16% |
| Current | 36x | $49.87 | — |
| Fair | 49x | $67.03 | +34% |
| Expensive | 66x | $90.23 | +81% |
Historical ranges are pointers, not guarantees.
PSN's PE is in its cheap range at 36x. If earnings grow as analysts expect, today's price would be 15x next year's earnings.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
PSN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect PSN's earnings to grow and its profitability to improve, with its revenue holding steady.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over PSN on the outlook, with more favorable revenue expectations.
PSN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.33 | +143% |
| Q3 2026 | $1.37 | -37% |
| Q2 2026 | $1.45 | -35% |
| Q1 2026 | $2.09 | -12% |
| Q4 2025 | $2.20 | +189% |
| Q3 2025 | $2.18 | +230% |
| Q2 2025 | $2.24 | +421% |
| Q1 2025 | $2.37 | +1217% |
| Q4 2024 | $0.76 | -46% |
PSN 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.
PSN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.7B | +1.8% |
| Q2 2026 | $1.6B | -0.5% |
| Q1 2026 | $1.5B | -4.1% |
| Q4 2025 | $1.6B | -7.5% |
| Q3 2025 | $1.6B | -10% |
| Q2 2025 | $1.6B | -5.2% |
| Q1 2025 | $1.6B | +1.2% |
| Q4 2024 | $1.7B | +16% |
PSN's revenue grew through 2024 and has held roughly level since: $1.7B last quarter, up 1.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.3% | -0.4 points |
| Q2 2026 | 0.1% | -6 points |
| Q1 2026 | 6.4% | -0.6 points |
| Q4 2025 | 6.6% | +0.8 points |
| Q3 2025 | 6.7% | +0.3 points |
| Q2 2025 | 6% | -0.6 points |
| Q1 2025 | 7% | +0.4 points |
| Q4 2024 | 5.8% | +0.6 points |
PSN 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 PSN 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.
PSN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $250.8M | +68% |
| Q2 2026 | $41.5M | -72% |
| Q1 2026 | -$18.6M | +$6.6M |
| Q4 2025 | $135.6M | +26% |
| Q3 2025 | $149.7M | -48% |
| Q2 2025 | $150.4M | -1.1% |
| Q1 2025 | -$25.3M | +$47.6M |
| Q4 2024 | $108M | -40% |
PSN 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.
PSN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -927K shares |
| 1 year | -2.1% | -2.3M shares |
| 3 years | -6.9% | -8M shares |
| 5 years | -4.8% | -5.4M shares |
| Available history | +15% | +14M shares |
PSN has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $60M |
| Q2 2026 | $15M |
| Q1 2026 | $35M |
| Q4 2025 | $60M |
| Q3 2025 | $25M |
| Q2 2025 | $15M |
| Q1 2025 | $25M |
| Q4 2024 | $15M |
PSN spent $170M buying back its own shares over the past year, up 112% from the year before.
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 | — |
PSN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.4x | Moderate |
| Q2 2026 | 2.7x | Moderate |
| Q1 2026 | 2.3x | Moderate |
| Q4 2025 | 1.4x | Healthy |
| Q3 2025 | 1.6x | Healthy |
| Q2 2025 | 1.9x | Healthy |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 2.4x | Moderate |
PSN's net debt is about 2.4 years of its operating earnings (EBITDA), up from 1.6 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.
PSN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.0 | Neutral |
| Stochastic | 64.6 | Neutral |
PSN's weekly RSI is 49 (neutral) and its Stochastic is 65 (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).
PSN PE vs Industrials Sector
| Metric | PSN | Sector median | Relative |
|---|---|---|---|
| PE | 36x | 24x | 51% above |
| PE % | 29 | 58 | 29 pts below |
PSN is trading at 36x earnings, a 51% 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.
PSN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $46.5 | 7.4% above |
| 20 week MA | $48.7 | 2.4% above |
| 50 week MA | $55.3 | 9.9% below |
| 100 week MA | $65.3 | 24% below |
| 200 week MA | $66.8 | 25% below |
PSN has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 25% 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 PSN on trend strength, trading above more of its moving averages.
PSN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $41.1 | $35.2 | -14% |
| 2021 | $35.2 | $33.8 | -4.2% |
| 2022 | $33.8 | $46.1 | +36% |
| 2023 | $46.1 | $62.7 | +36% |
| 2024 | $62.7 | $93.1 | +49% |
| 2025 | $93.1 | $62.6 | -33% |
| 2026 YTD | $62.6 | $49.9 | -20% |
PSN has finished lower in three of the last six years. It's down 20% 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 PSN on returns for 2026, with the stronger performance.