RDW
Redwire Corporation
RDW offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
ROP
Roper Technologies, Inc.
ROP has the edge over RDW overall, supported by lower modeled downside and stronger valuation.
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.
ROP Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Stable |
ROP's profitability and cash flow are currently strong, and its revenue and balance sheet are stable.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
ROP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 17x | $423 | -11% |
| Current | 19x | $478 | — |
| Forward | 20x | $478 | — |
| Fair | 28x | $720 | +51% |
| Expensive | 42x | $1,073 | +124% |
Historical ranges are pointers, not guarantees.
ROP's PE is in its cheap range at 19x, but its recent earnings include one-off gains. On analysts' estimates for next year's earnings, today's price would be 20x.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
ROP Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ROP, with profitability improving.
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.
ROP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $24.21 | -4.5% |
| Q3 2026 | $25.34 | +75% |
| Q2 2026 | $24.14 | +70% |
| Q1 2026 | $16.01 | +16% |
| Q4 2025 | $14.20 | -1% |
| Q3 2025 | $14.51 | +6.1% |
| Q2 2025 | $14.23 | +5.4% |
| Q1 2025 | $13.86 | +0.6% |
| Q4 2024 | $14.34 | +11% |
ROP 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.
ROP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +7.6% |
| Q2 2026 | $2.1B | +8.5% |
| Q1 2026 | $2.1B | +11% |
| Q4 2025 | $2.1B | +9.7% |
| Q3 2025 | $2B | +14% |
| Q2 2025 | $1.9B | +13% |
| Q1 2025 | $1.9B | +12% |
| Q4 2024 | $1.9B | +16% |
ROP's revenue has grown year over year for 14 quarters in a row: $2.2B last quarter, up 7.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +0.3 points |
| Q2 2026 | 28% | -0.5 points |
| Q1 2026 | 27% | -0.8 points |
| Q4 2025 | 29% | +0.6 points |
| Q3 2025 | 28% | +0.3 points |
| Q2 2025 | 28% | -0.6 points |
| Q1 2025 | 28% | -0.7 points |
| Q4 2024 | 28% | -0.7 points |
ROP 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.
ROP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $820.6M | -5.6% |
| Q2 2026 | $469.5M | +16% |
| Q1 2026 | $592.1M | +12% |
| Q4 2025 | $738M | +2.2% |
| Q3 2025 | $869.5M | +15% |
| Q2 2025 | $404.1M | +5.2% |
| Q1 2025 | $528.7M | -0.5% |
| Q4 2024 | $722.2M | +16% |
ROP 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 | — |
ROP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -1.2M shares |
| 1 year | -8.3% | -9M shares |
| 3 years | -7.6% | -8.2M shares |
| 5 years | -6.8% | -7.3M shares |
| Available history | -5.4% | -5.7M shares |
ROP has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $1.2B |
| Q1 2026 | $1.5B |
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ROP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.9x | Moderate |
| Q2 2026 | 3.4x | Elevated |
| Q1 2026 | 3.2x | Elevated |
| Q4 2025 | 2.9x | Moderate |
| Q3 2025 | 3.0x | Moderate |
| Q2 2025 | 2.9x | Moderate |
| Q1 2025 | 2.5x | Moderate |
| Q4 2024 | 2.7x | Moderate |
ROP's net debt is about 2.9 years of its operating earnings (EBITDA), about the same as 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).
ROP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 70.3 | Overbought |
| Stochastic | 86.5 | Overbought |
ROP's weekly RSI is 70 (overbought) and its Stochastic is 87 (overbought).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
ROP PE vs Industrials Sector
| Metric | ROP | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 24x | 22% below |
| PE % | 28 | 58 | 30 pts below |
ROP is trading at 19x earnings, a 22% discount to the Industrials sector's median of 24x, though its recent earnings include one-off gains.
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.
ROP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $414.9 | 15% above |
| 20 week MA | $398.5 | 20% above |
| 50 week MA | $380.7 | 26% above |
| 100 week MA | $458.4 | 4.2% above |
| 200 week MA | $484.8 | 1.4% below |
ROP 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 ROP on returns for 2026, with the stronger performance.
ROP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $357.3 | $420.1 | +18% |
| 2021 | $420.1 | $478.3 | +14% |
| 2022 | $478.3 | $430.1 | -10% |
| 2023 | $430.1 | $545.2 | +27% |
| 2024 | $545.2 | $523.9 | -3.9% |
| 2025 | $523.9 | $450.8 | -14% |
| 2026 YTD | $450.8 | $477.9 | +6% |
ROP has finished lower in three of the last six years. It's up 6% so far in 2026.