RDW
Redwire Corporation
RDW offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
SARO
StandardAero, Inc.
SARO has the edge over RDW overall, supported by lower modeled downside and stronger modeled upside.
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.
SARO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Stable |
SARO's profitability is currently healthy, and its revenue, cash flow and balance sheet are stable.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
SARO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $27.56 | — |
| Cheap | 25x | $25.85 | -6.2% |
| Current | 26x | $27.56 | — |
| Fair | 30x | $31.90 | +16% |
| Expensive | 33x | $35.00 | +27% |
Historical ranges are pointers, not guarantees.
SARO's PE is in its cheap range at 26x. If earnings grow as analysts expect, today's price would be 16x next year's earnings.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
SARO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for SARO, 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.
SARO Earnings Per Share
SARO has the edge over RDW in the latest year-over-year earnings comparison.
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.
SARO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.6B | +4% |
| Q2 2026 | $1.6B | +4.6% |
| Q1 2026 | $1.6B | +13% |
| Q4 2025 | $1.6B | +14% |
| Q3 2025 | $1.5B | +20% |
| Q2 2025 | $1.5B | +13% |
| Q1 2025 | $1.4B | +16% |
| Q4 2024 | $1.4B | +22% |
SARO's revenue has grown year over year every quarter since early 2024: $1.6B last quarter, up 4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | +1.2 points |
| Q2 2026 | 11% | +1.7 points |
| Q1 2026 | 8.8% | -0.2 points |
| Q4 2025 | 9.3% | +2.6 points |
| Q3 2025 | 9.2% | +1.3 points |
| Q2 2025 | 8.9% | +1.1 points |
| Q1 2025 | 9% | +0.4 points |
| Q4 2024 | 6.7% | -0.2 points |
SARO 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.
SARO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $98.2M | +$102.9M |
| Q2 2026 | $51.3M | +$70.3M |
| Q1 2026 | -$135.1M | -$85.8M |
| Q2 2025 | -$19M | -149% |
| Q1 2025 | -$49.3M | +$52.8M |
| Q2 2024 | $38.6M | +$149M |
| Q1 2024 | -$102.1M | +$8.3M |
SARO 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 | — |
SARO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -1.3M shares |
| 1 year | -1% | -3.4M shares |
| 3 years | -1% | -3.4M shares |
SARO has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $50M |
| Q2 2026 | $40M |
| Q1 2026 | $60.1M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
SARO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.8x | Moderate |
| Q2 2026 | 2.7x | Moderate |
| Q1 2026 | 2.8x | Moderate |
| Q4 2025 | 2.6x | Moderate |
| Q3 2025 | 3.2x | Elevated |
| Q2 2025 | 3.4x | Elevated |
| Q1 2025 | 3.6x | Elevated |
| Q4 2024 | 3.7x | Elevated |
SARO's net debt is about 2.8 years of its operating earnings (EBITDA), down from 3.2 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).
SARO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.0 | Neutral |
| Stochastic | 58.4 | Neutral |
SARO's weekly RSI is 57 (neutral) and its Stochastic is 58 (neutral).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
SARO PE vs Industrials Sector
| Metric | SARO | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 24x | 9.1% above |
| PE % | 27 | 32 | 5 pts below |
SARO is trading at 26x earnings, in line with 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 |
SARO has stronger trend alignment. RDW is above 0 of 5 weekly averages versus SARO above 4 of 4.
SARO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $23.2 | 19% above |
| 20 week MA | $25.3 | 8.8% above |
| 50 week MA | $27.0 | 2.1% above |
| 100 week MA | $27.1 | 1.5% above |
SARO is in an uptrend: it's above all four of its weekly moving averages, and 1.5% above its 100-week average.
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 SARO on returns for 2026, with the stronger performance.
SARO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $32.5 | $25.6 | -21% |
| 2025 | $25.6 | $29.2 | +14% |
| 2026 YTD | $29.2 | $27.6 | -5.5% |
SARO has finished lower in one of the last two years. It's down 5.5% so far in 2026.