RDW
Redwire Corporation
RDW's outlook is improving, though it still trails on the overall score.
ROAD
Construction Partners, Inc.
ROAD has the edge over RDW overall, supported by stronger valuation and lower modeled downside.
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.
ROAD Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Under pressure |
ROAD's revenue, profitability and cash flow are currently healthy, but its balance sheet is under pressure.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
ROAD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 25x | $81.02 | — |
| Current | 32x | $81.02 | — |
| Cheap | 35x | $88.40 | +9.1% |
| Fair | 58x | $149 | +84% |
| Expensive | 79x | $202 | +150% |
Historical ranges are pointers, not guarantees.
ROAD's PE is in its cheap range at 32x. If earnings grow as analysts expect, today's price would be 25x next year's earnings.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over ROAD on the outlook, with more favorable profitability expectations.
ROAD Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for ROAD, with profitability holding steady. However, they disagree widely on these estimates.
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.
ROAD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.19 | +25% |
| Q2 2026 | $2.56 | +88% |
| Q1 2026 | $2.29 | +97% |
| Q4 2025 | $2.21 | +108% |
| Q3 2025 | $1.84 | +40% |
| Q2 2025 | $1.36 | 0% |
| Q1 2025 | $1.16 | -1.7% |
| Q4 2024 | $1.06 | -2.8% |
| Q3 2024 | $1.31 | +39% |
ROAD has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
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's revenue has grown year over year for five quarters in a row: $109M last quarter, up 5.4% from the same quarter a year ago.
| 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.
ROAD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $999.4M | +28% |
| Q1 2026 | $769.2M | +35% |
| Q4 2025 | $809.5M | +44% |
| Q3 2025 | $899.8M | +67% |
| Q2 2025 | $779.3M | +50% |
| Q1 2025 | $571.7M | +54% |
| Q4 2024 | $561.6M | +42% |
| Q3 2024 | $538.2M | +13% |
ROAD has the edge over RDW on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 11% | +0.3 points |
| Q1 2026 | 4.9% | +0.1 points |
| Q4 2025 | 6.2% | +3.8 points |
| Q3 2025 | 11% | +2.7 points |
| Q2 2025 | 11% | +1.8 points |
| Q1 2025 | 4.8% | +3.9 points |
| Q4 2024 | 2.5% | -1.8 points |
| Q3 2024 | 8.5% | -0.9 points |
ROAD has the edge over RDW on profitability, with a higher operating margin.
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.
ROAD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $30.6M | -34% |
| Q1 2026 | $18.9M | +33% |
| Q4 2025 | $47.1M | +241% |
| Q3 2025 | $78.9M | +0.7% |
| Q2 2025 | $46.4M | +135% |
| Q1 2025 | $14.2M | +$24.8M |
| Q4 2024 | $13.8M | -59% |
| Q3 2024 | $78.4M | +79% |
ROAD has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
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 | — |
ROAD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +13.4K shares |
| 1 year | +1.1% | +615K shares |
| 3 years | +7.6% | +4M shares |
| 5 years | +8.5% | +4.4M shares |
| Available history | +9.4% | +4.8M shares |
ROAD has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $3.8M |
| Q1 2026 | $3.5M |
| Q4 2025 | $22.4M |
| Q4 2024 | $12.1M |
| Q4 2023 | $1.3M |
| Q4 2022 | $139,000 |
| Q4 2021 | $39,000 |
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ROAD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.6x | Elevated |
| Q1 2026 | 3.8x | Elevated |
| Q4 2025 | 3.9x | Elevated |
| Q3 2025 | 4.0x | Elevated |
| Q2 2025 | 4.4x | High |
| Q1 2025 | 5.1x | High |
| Q4 2024 | 5.2x | High |
| Q3 2024 | 2.2x | Moderate |
ROAD's net debt is about 3.6 years of its operating earnings (EBITDA), down from 4.4 years a year ago.
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).
ROAD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.7 | Neutral |
| Stochastic | 14.2 | Oversold |
ROAD's weekly RSI is 38 (neutral) and its Stochastic is 14 (oversold).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
ROAD PE vs Industrials Sector
| Metric | ROAD | Sector median | Relative |
|---|---|---|---|
| PE | 32x | 24x | 31% above |
| PE % | 14 | 58 | 44 pts below |
ROAD is trading at 32x earnings, a 31% premium to the Industrials sector's median of 24x.
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.
ROAD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $85.7 | 5.4% below |
| 20 week MA | $98.1 | 17% below |
| 50 week MA | $109.8 | 26% below |
| 100 week MA | $104.4 | 22% below |
| 200 week MA | $75.9 | 6.8% above |
ROAD has the edge over RDW on trend strength, trading above more of its moving averages.
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 has the edge over ROAD on returns for 2026, with the stronger performance.
ROAD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.0 | $27.6 | +63% |
| 2021 | $27.6 | $29.3 | +6.2% |
| 2022 | $29.3 | $26.9 | -8.4% |
| 2023 | $26.9 | $43.5 | +62% |
| 2024 | $43.5 | $89.9 | +106% |
| 2025 | $89.9 | $113.1 | +26% |
| 2026 YTD | $113.1 | $81.0 | -28% |
ROAD has finished higher in five of the last six years, three of them by more than 50%. It's down 28% so far in 2026.