RDW
Redwire Corporation
RDW has a slight edge over TRC overall, supported by stronger modeled upside.
TRC
Tejon Ranch Co.
TRC 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.
TRC Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Strong | |
| Weak |
TRC's profitability and cash flow are currently healthy, but its balance sheet is weak. There isn't enough data to rate its revenue.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
TRC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 34x | $9.60 | -44% |
| Current | 62x | $17.29 | — |
| Fair | 93x | $25.99 | +50% |
| Expensive | 297x | $83.06 | +380% |
Historical ranges are pointers, not guarantees.
TRC's PE is in its fair range at 62x.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
TRC Forward outlook
There aren't enough analyst estimates for TRC to show an outlook.
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.
TRC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.28 | +155% |
| Q2 2026 | $0.22 | +$0.24 |
| Q1 2026 | $0.06 | -25% |
| Q4 2025 | $0.00 | -100% |
| Q3 2025 | $0.11 | +$0.12 |
| Q2 2025 | -$0.02 | -140% |
| Q1 2025 | $0.08 | +300% |
| Q4 2024 | $0.10 | -17% |
TRC 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.
TRC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $22.6M | +89% |
| Q2 2026 | $14.3M | +72% |
| Q1 2026 | $9.5M | +16% |
| Q3 2021 | $15M | +11% |
| Q2 2021 | $16.6M | +248% |
| Q1 2021 | $11.1M | +7.2% |
| Q4 2020 | $9.2M | -54% |
TRC's revenue has grown year over year for four quarters in a row: $23M last quarter, up 89% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | +27 points |
| Q2 2026 | 2.4% | +51 points |
| Q1 2026 | -12% | +39 points |
| Q4 2025 | 11% | N/A |
| Q3 2025 | -17% | N/A |
| Q2 2025 | -49% | N/A |
| Q1 2025 | -51% | N/A |
| Q3 2021 | -8.1% | -2 points |
TRC 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.
TRC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.5M | +$16.1M |
| Q2 2026 | -$210K | +$19.8M |
| Q1 2026 | $1.4M | +$20.3M |
| Q4 2025 | $53.1M | +$56.1M |
| Q3 2025 | -$14.6M | +$2.2M |
| Q2 2025 | -$20M | -$4.2M |
| Q1 2025 | -$18.9M | -$11.6M |
| Q4 2024 | -$3M | +$5.9M |
TRC 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 | — |
TRC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +2.4K shares |
| 1 year | +0.5% | +132K shares |
| 3 years | +1% | +274K shares |
| 5 years | +2.1% | +557K shares |
| Available history | +3.5% | +923K shares |
TRC has the edge over RDW on shareholder dilution, with a more favorable share count trend.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
TRC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 8.3x | High |
| Q2 2026 | 14.7x | High |
| Q1 2026 | 58.4x | High |
| Q4 2023 | -28.8x | Net Cash |
| Q3 2023 | 2.0x | Healthy |
| Q2 2023 | 1.6x | Healthy |
| Q1 2023 | 0.7x | Very low |
| Q4 2022 | 0.6x | Very low |
TRC's net debt is about 8.3 years of its operating earnings (EBITDA), up from 2.0 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).
TRC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.8 | Neutral |
| Stochastic | 60.8 | Neutral |
TRC's weekly RSI is 53 (neutral) and its Stochastic is 61 (neutral).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
TRC PE vs Industrials Sector
| Metric | TRC | Sector median | Relative |
|---|---|---|---|
| PE | 62x | 24x | 157% above |
| PE % | 41 | 58 | 17 pts below |
TRC is trading at 62x earnings, a 157% 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.
TRC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $16.6 | 4.2% above |
| 20 week MA | $16.9 | 2.6% above |
| 50 week MA | $17.5 | 1.3% below |
| 100 week MA | $17.0 | 1.8% above |
| 200 week MA | $17.0 | 1.5% above |
TRC 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 TRC on returns for 2026, with the stronger performance.
TRC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.2 | $15.2 | -6.4% |
| 2021 | $15.2 | $18.5 | +22% |
| 2022 | $18.5 | $18.8 | +1.4% |
| 2023 | $18.8 | $17.2 | -8.3% |
| 2024 | $17.2 | $15.7 | -8.8% |
| 2025 | $15.7 | $15.9 | +1.2% |
| 2026 YTD | $15.9 | $17.3 | +8.9% |
TRC has finished lower in three of the last six years. It's up 8.9% so far in 2026.