RBA
RB Global, Inc.
RBA has the edge over RKLB overall, supported by lower modeled downside and stronger valuation.
RKLB
Rocket Lab USA, Inc.
RKLB's outlook is improving, though it still trails on the overall score.
RBA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Stable |
RBA's revenue, profitability and cash flow are currently healthy, and its balance sheet is 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.
RBA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 20x | $94.26 | — |
| Cheap | 29x | $74.58 | -21% |
| Current | 36x | $94.26 | — |
| Fair | 42x | $109 | +16% |
| Expensive | 54x | $141 | +50% |
Historical ranges are pointers, not guarantees.
RBA's PE is in its cheap range at 36x. If earnings grow as analysts expect, today's price would be 20x next year's earnings.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
RBA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for RBA, 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.
RBA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.72 | +81% |
| Q3 2026 | $2.60 | +24% |
| Q2 2026 | $2.33 | +15% |
| Q1 2026 | $2.15 | +5.9% |
| Q4 2025 | $2.04 | +1.5% |
| Q3 2025 | $2.09 | +3% |
| Q2 2025 | $2.02 | +2.5% |
| Q1 2025 | $2.03 | +9.7% |
| Q4 2024 | $2.01 | +93% |
RBA 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.
RBA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.3B | +17% |
| Q2 2026 | $1.3B | +11% |
| Q1 2026 | $1.2B | +11% |
| Q4 2025 | $1.2B | +5.4% |
| Q3 2025 | $1.1B | +11% |
| Q2 2025 | $1.2B | +8.2% |
| Q1 2025 | $1.1B | +4.1% |
| Q4 2024 | $1.1B | +9.7% |
RBA's revenue has grown year over year for eight quarters in a row: $1.3B last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 17% | +2.5 points |
| Q2 2026 | 17% | +1.2 points |
| Q1 2026 | 18% | +0.5 points |
| Q4 2025 | 15% | -3.4 points |
| Q3 2025 | 14% | -1.1 points |
| Q2 2025 | 16% | -2.5 points |
| Q1 2025 | 17% | -1.6 points |
| Q4 2024 | 18% | +1.7 points |
RBA 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 RBA on sales, with stronger typical year-over-year growth.
| 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.
RBA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $196.3M | +4.1% |
| Q2 2026 | $63.6M | -74% |
| Q1 2026 | $172.6M | +68% |
| Q4 2025 | $186.5M | +46% |
| Q3 2025 | $188.5M | -24% |
| Q2 2025 | $241.7M | -22% |
| Q1 2025 | $102.5M | +29% |
| Q4 2024 | $127.9M | -51% |
RBA 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.
RBA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.4% | -2.7M shares |
| 1 year | -1.5% | -2.9M shares |
| 3 years | +0.3% | +598K shares |
| 5 years | +65% | +72.8M shares |
| Available history | +68% | +74.4M shares |
RBA has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $350M |
| Q2 2026 | $150M |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | $53.2M |
| Q4 2019 | — |
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 | — |
RBA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.0x | Healthy |
| Q2 2026 | 1.9x | Healthy |
| Q1 2026 | 1.6x | Healthy |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 1.6x | Healthy |
| Q2 2025 | 1.6x | Healthy |
| Q1 2025 | 1.8x | Healthy |
| Q4 2024 | 1.8x | Healthy |
RBA's net debt is about 2.0 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.
RBA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.9 | Neutral |
| Stochastic | 51.3 | Neutral |
RBA's weekly RSI is 51 (neutral) and its Stochastic is 51 (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).
RBA PE vs Industrials Sector
| Metric | RBA | Sector median | Relative |
|---|---|---|---|
| PE | 36x | 24x | 51% above |
| PE % | 27 | 58 | 31 pts below |
RBA 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.
RBA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $87.0 | 8.3% above |
| 20 week MA | $92.6 | 1.8% above |
| 50 week MA | $100.2 | 5.9% below |
| 100 week MA | $101.3 | 7% below |
| 200 week MA | $85.4 | 10% above |
RBA's trend is mixed: it's above three of its five weekly moving averages, and 10% above 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's trend is mixed: it's above three of its five weekly moving averages, and 104% above its 200-week average.
RBA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $43.3 | $71.2 | +65% |
| 2021 | $71.2 | $61.3 | -14% |
| 2022 | $61.3 | $56.1 | -8.4% |
| 2023 | $56.1 | $66.9 | +19% |
| 2024 | $66.9 | $90.9 | +36% |
| 2025 | $90.9 | $105.4 | +16% |
| 2026 YTD | $105.4 | $94.3 | -11% |
RBA has finished higher in four of the last six years. It's down 11% 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 RBA on returns for 2026, with the stronger performance.