RBC
RBC Bearings Incorporated
RBC has the edge over RKLB overall, supported by lower modeled downside and stronger fundamentals.
RKLB
Rocket Lab USA, Inc.
RKLB's outlook is improving, though it still trails on the overall score.
RBC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Healthy |
RBC's revenue, profitability, cash flow and balance sheet are all currently healthy.
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.
RBC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 31x | $489 | — |
| Cheap | 41x | $458 | -6.3% |
| Current | 44x | $489 | — |
| Fair | 49x | $548 | +12% |
| Expensive | 67x | $745 | +52% |
Historical ranges are pointers, not guarantees.
RBC's PE is in its cheap range at 44x. If earnings grow as analysts expect, today's price would be 31x next year's earnings.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
RBC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for RBC, 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.
RBC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $16.02 | +43% |
| Q3 2026 | $11.18 | +36% |
| Q2 2026 | $10.12 | +27% |
| Q1 2026 | $9.09 | +18% |
| Q4 2025 | $8.53 | +17% |
| Q3 2025 | $8.22 | +20% |
| Q2 2025 | $7.97 | +17% |
| Q1 2025 | $7.70 | +20% |
| Q4 2024 | $7.29 | +22% |
RBC 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.
RBC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $524.6M | +15% |
| Q2 2026 | $519.5M | +19% |
| Q1 2026 | $518M | +18% |
| Q4 2025 | $461.6M | +17% |
| Q3 2025 | $455.3M | +14% |
| Q2 2025 | $436M | +7.3% |
| Q1 2025 | $437.7M | +5.8% |
| Q4 2024 | $394.4M | +5.5% |
RBC's revenue has grown year over year for 21 quarters in a row: $525M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +3.6 points |
| Q2 2026 | 27% | +3.9 points |
| Q1 2026 | 23% | 0 points |
| Q4 2025 | 22% | +0.6 points |
| Q3 2025 | 21% | -0.2 points |
| Q2 2025 | 23% | -0.8 points |
| Q1 2025 | 23% | +0.2 points |
| Q4 2024 | 22% | +1.6 points |
RBC 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 RBC 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.
RBC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $85.7M | +20% |
| Q2 2026 | $146.9M | +41% |
| Q1 2026 | $67.5M | +23% |
| Q4 2025 | $99.1M | +35% |
| Q3 2025 | $71.7M | +168% |
| Q2 2025 | $104.3M | +18% |
| Q1 2025 | $55M | -21% |
| Q4 2024 | $73.6M | +3.8% |
RBC 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.
RBC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +869 shares |
| 1 year | +0.3% | +100K shares |
| 3 years | +8.8% | +2.6M shares |
| 5 years | +23% | +5.9M shares |
| Available history | +27% | +6.7M shares |
RBC has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2025 | $900,000 |
| Q4 2024 | $200,000 |
| Q3 2024 | $400,000 |
| Q2 2024 | $8M |
| Q1 2024 | $3.4M |
| Q4 2023 | $600,000 |
| Q3 2023 | $200,000 |
| Q2 2023 | $6.8M |
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 | — |
RBC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.0x | Very low |
| Q2 2026 | 1.2x | Healthy |
| Q1 2026 | 1.5x | Healthy |
| Q4 2025 | 1.7x | Healthy |
| Q3 2025 | 1.9x | Healthy |
| Q2 2025 | 1.6x | Healthy |
| Q1 2025 | 1.8x | Healthy |
| Q4 2024 | 2.0x | Healthy |
RBC's net debt is about a year of its operating earnings (EBITDA), down from 1.9 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.
RBC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.4 | Neutral |
| Stochastic | 14.8 | Oversold |
RBC's weekly RSI is 42 (neutral) and its Stochastic is 15 (oversold).
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).
RBC PE vs Industrials Sector
| Metric | RBC | Sector median | Relative |
|---|---|---|---|
| PE | 44x | 24x | 82% above |
| PE % | 29 | 58 | 29 pts below |
RBC is trading at 44x earnings, a 82% 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.
RBC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $490.2 | 0.2% below |
| 20 week MA | $523.1 | 6.5% below |
| 50 week MA | $535.9 | 8.7% below |
| 100 week MA | $451.1 | 8.4% above |
| 200 week MA | $354.1 | 38% above |
RBC has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 38% 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 has the edge over RBC on trend strength, trading above more of its moving averages.
RBC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $181.4 | +14% |
| 2021 | $181.4 | $205.0 | +13% |
| 2022 | $205.0 | $207.5 | +1.2% |
| 2023 | $207.5 | $284.9 | +37% |
| 2024 | $284.9 | $300.2 | +5.4% |
| 2025 | $300.2 | $456.3 | +52% |
| 2026 YTD | $456.3 | $489.2 | +7.2% |
RBC has the edge over RKLB on returns for 2026, with the stronger performance.
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's yearly returns have swung widely, from +392% in 2024 to −69% in 2022. It's down 9.3% so far in 2026.