PXS
Pyxis Tankers Inc.
PXS has the edge over RDW overall, supported by lower modeled downside and stronger modeled upside.
RDW
Redwire Corporation
RDW offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
PXS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Strong |
PXS's profitability, cash flow and balance sheet are currently strong, and its revenue is stable.
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.
PXS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 1.6x | $1.32 | -77% |
| Fair | 2.4x | $1.92 | -66% |
| Forward | 3.7x | $5.65 | — |
| Current | 7x | $5.65 | — |
| Expensive | 18x | $14.30 | +153% |
Historical ranges are pointers, not guarantees.
PXS's PE is in its expensive range at 7.0x. If earnings grow as analysts expect, today's price would be 3.7x next year's earnings.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
PXS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for PXS, with profitability improving.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
PXS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.52 | +88% |
| Q3 2024 | $2.76 | +18% |
| Q2 2024 | $2.73 | +7.1% |
| Q1 2024 | $2.54 | -6.3% |
| Q4 2023 | $3.57 | +237% |
| Q3 2023 | $2.34 | +$2.37 |
| Q2 2023 | $2.55 | +$3.42 |
| Q1 2023 | $2.71 | +$4.11 |
| Q4 2022 | $1.06 | +$2.40 |
PXS has the stronger earnings trend. Trailing diluted EPS is down 70% for PXS versus RDW down 137%.
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.
PXS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $12.1M | +33% |
| Q1 2026 | $10M | +3.9% |
| Q4 2025 | $10.5M | -12% |
| Q3 2025 | $9.7M | -30% |
| Q2 2025 | $9.2M | -34% |
| Q1 2025 | $9.6M | -19% |
| Q4 2024 | $12M | -9.2% |
| Q3 2024 | $13.8M | +24% |
PXS's revenue is recovering but still below its 2022 peak: $12M last quarter, up 33% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 36% | +46 points |
| Q1 2026 | 34% | +17 points |
| Q4 2025 | 29% | +19 points |
| Q3 2025 | 22% | -12 points |
| Q2 2025 | -9.5% | -54 points |
| Q1 2025 | 16% | -22 points |
| Q4 2024 | 11% | -35 points |
| Q3 2024 | 34% | -2.5 points |
PXS 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 has the edge over PXS on sales, with more consistent year-over-year improvement.
| 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.
PXS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $5.8M | +88% |
| Q1 2026 | $3.4M | -17% |
| Q4 2025 | $2.3M | -62% |
| Q3 2025 | $3.3M | +78% |
| Q2 2025 | $3.1M | +$17.6M |
| Q1 2025 | $4.1M | +$23.9M |
| Q4 2024 | $6.1M | +$7.3M |
| Q3 2024 | $1.9M | +$23.4M |
PXS has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
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.
PXS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -98.3K shares |
| 1 year | -1.7% | -172K shares |
| 3 years | -19% | -2.4M shares |
| 5 years | +40% | +2.9M shares |
| Available history | +94% | +5M shares |
PXS has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $74,849 |
| Q1 2026 | $586,000 |
| Q4 2025 | $204,363 |
| Q3 2025 | $2,004 |
| Q2 2025 | $10,417 |
| Q1 2025 | $270,000 |
| Q4 2024 | $1.8M |
| Q3 2024 | $436,000 |
PXS spent $867,216 buying back its own shares over the past year, down 66% from the year before.
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 | — |
PXS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 1.1x | Healthy |
| Q1 2026 | 3.4x | Elevated |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 3.7x | Elevated |
| Q2 2025 | 3.4x | Elevated |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 2.5x | Moderate |
| Q3 2024 | 1.3x | Healthy |
PXS's net debt is about 1.1 years of its operating earnings (EBITDA), down from 3.4 years 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.
PXS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.9 | Neutral |
| Stochastic | 40.3 | Neutral |
PXS's weekly RSI is 49 (neutral) and its Stochastic is 40 (neutral).
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).
PXS PE vs Industrials Sector
| Metric | PXS | Sector median | Relative |
|---|---|---|---|
| PE | 7x | 24x | 71% below |
| PE % | 72 | 58 | 14 pts above |
PXS is trading at 7.0x earnings, a 71% discount 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.
PXS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.91 | 18% below |
| 20 week MA | $5.93 | 4.7% below |
| 50 week MA | $4.68 | 21% above |
| 100 week MA | $3.89 | 45% above |
| 200 week MA | $4.20 | 35% above |
PXS 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.
PXS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $4.48 | $3.25 | -27% |
| 2021 | $3.25 | $2.15 | -34% |
| 2022 | $2.15 | $5.20 | +142% |
| 2023 | $5.20 | $4.17 | -20% |
| 2024 | $4.17 | $3.67 | -12% |
| 2025 | $3.67 | $2.95 | -20% |
| 2026 YTD | $2.95 | $5.65 | +92% |
PXS has the edge over RDW on returns for 2026, with the stronger performance.
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's yearly returns have swung widely, from +501% in 2024 to −74% in 2022. It's up 12% so far in 2026.