RDW
Redwire Corporation
RDW has a slight edge over TFII overall, supported by stronger fundamentals.
TFII
TFI International Inc.
TFII has lower modeled downside risk, despite its lower overall score.
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.
TFII Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
TFII's profitability and cash flow are currently healthy, 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.
TFII PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 13x | $56.59 | -41% |
| Forward | 15x | $96.09 | — |
| Fair | 20x | $88.07 | -8.3% |
| Current | 22x | $96.09 | — |
| Expensive | 31x | $135 | +40% |
Historical ranges are pointers, not guarantees.
TFII's PE is in its fair range at 22x. If earnings grow as analysts expect, today's price would be 15x next year's earnings, in its cheap range.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
TFII Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for TFII, 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.
TFII Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.59 | +50% |
| Q2 2026 | $4.40 | +1.6% |
| Q1 2026 | $3.94 | -12% |
| Q4 2025 | $4.07 | -17% |
| Q3 2025 | $3.84 | -30% |
| Q2 2025 | $4.33 | -22% |
| Q1 2025 | $4.50 | -21% |
| Q4 2024 | $4.93 | -16% |
| Q3 2024 | $5.52 | -8.3% |
TFII 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 has the edge over TFII on sales, with more consistent year-over-year improvement.
| 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.
TFII Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2.3B | +11% |
| Q1 2026 | $1.9B | -0.8% |
| Q4 2025 | $2.7B | +28% |
| Q3 2025 | $1.9B | -11% |
| Q2 2025 | $2.1B | -8.5% |
| Q1 2025 | $2B | +5% |
| Q4 2024 | $2.1B | +2.7% |
| Q3 2024 | $2.2B | +14% |
TFII's revenue has picked up after three years of holding roughly level: $2.3B last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 9.3% | +1.1 points |
| Q1 2026 | 4.4% | -1.4 points |
| Q4 2025 | 6.6% | -0.9 points |
| Q3 2025 | 7.6% | -1.7 points |
| Q2 2025 | 8.2% | -0.9 points |
| Q1 2025 | 5.8% | -2.3 points |
| Q4 2024 | 7.5% | -2.8 points |
| Q3 2024 | 9.3% | -1.2 points |
TFII 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.
TFII Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $180M | +8.7% |
| Q1 2026 | $94.3M | -38% |
| Q4 2025 | $277.9M | +51% |
| Q3 2025 | $181.5M | -21% |
| Q2 2025 | $165.6M | +28% |
| Q1 2025 | $152.8M | +25% |
| Q4 2024 | $183.7M | -19% |
| Q3 2024 | $229M | +46% |
TFII 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 | — |
TFII Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +24.9K shares |
| 1 year | -1.5% | -1.2M shares |
| 3 years | -5.4% | -4.7M shares |
| 5 years | -14% | -12.9M shares |
| Available history | -17% | -16.6M shares |
TFII has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $4.5M |
| Q1 2026 | $12M |
| Q4 2025 | $24M |
| Q3 2025 | $66.5M |
| Q2 2025 | $86.5M |
| Q1 2025 | $72.9M |
| Q4 2024 | $41M |
| Q3 2024 | $682,511 |
TFII spent $107M buying back its own shares over the past year, down 47% from the year before.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
TFII Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.2x | Moderate |
| Q1 2026 | 2.4x | Moderate |
| Q4 2025 | 2.7x | Moderate |
| Q3 2025 | 2.5x | Moderate |
| Q2 2025 | 2.4x | Moderate |
| Q1 2025 | 2.3x | Moderate |
| Q4 2024 | 2.3x | Moderate |
| Q3 2024 | 2.4x | Moderate |
TFII's net debt is about 2.2 years of its operating earnings (EBITDA), down from 2.4 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).
TFII Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.3 | Neutral |
| Stochastic | 5.0 | Oversold |
TFII's weekly RSI is 31 (neutral) and its Stochastic is 5 (oversold).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
TFII PE vs Industrials Sector
| Metric | TFII | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 24x | 9.3% below |
| PE % | 53 | 58 | 5 pts below |
TFII is trading at 22x 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 |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
TFII Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $108.1 | 11% below |
| 20 week MA | $127.4 | 25% below |
| 50 week MA | $124.8 | 23% below |
| 100 week MA | $110.5 | 13% below |
| 200 week MA | $120.8 | 20% below |
TFII is in a downtrend: it's below all five of its weekly moving averages, and 20% below its 200-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 TFII on returns for 2026, with the stronger performance.
TFII Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $34.0 | $51.6 | +52% |
| 2021 | $51.6 | $108.7 | +111% |
| 2022 | $108.7 | $101.4 | -6.7% |
| 2023 | $101.4 | $136.0 | +34% |
| 2024 | $136.0 | $137.7 | +1.3% |
| 2025 | $137.7 | $106.3 | -23% |
| 2026 YTD | $106.3 | $96.1 | -9.6% |
TFII has finished higher in four of the last six years, two of them by more than 50%. It's down 9.6% so far in 2026.