RDW
Redwire Corporation
RDW has the edge over TUSK overall, supported by stronger fundamentals and stronger modeled upside.
TUSK
Mammoth Energy Services, Inc.
TUSK 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.
TUSK Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| Weak | |
| Strong |
TUSK's profitability and balance sheet are currently healthy, but its revenue and cash flow are under pressure.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
TUSK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.9x | $2.30 | -30% |
| Current | 11x | $3.26 | — |
| Fair | 14x | $4.08 | +25% |
| Expensive | 28x | $8.11 | +149% |
Historical ranges are pointers, not guarantees.
TUSK's PE is in its cheap range at 11x.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over TUSK on the outlook, with more favorable earnings and profitability expectations.
TUSK Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect TUSK's losses to grow, with revenue growing.
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.
TUSK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.29 | +$0.69 |
| Q2 2026 | $0.02 | +$0.66 |
| Q1 2026 | $0.21 | +$4.28 |
| Q4 2025 | $0.09 | +$4.40 |
| Q3 2025 | -$0.40 | +$3.73 |
| Q2 2025 | -$0.64 | +$3.01 |
| Q1 2025 | -$4.07 | -$3.58 |
| Q4 2024 | -$4.31 | -$4.24 |
TUSK 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 TUSK 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.
TUSK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $21.3M | +44% |
| Q2 2026 | $26.1M | +59% |
| Q1 2026 | $22M | -65% |
| Q3 2025 | $14.8M | -63% |
| Q2 2025 | $16.4M | -68% |
| Q1 2025 | $62.5M | +45% |
| Q4 2024 | $53.2M | +0.8% |
| Q3 2024 | $40M | -38% |
TUSK's revenue is recovering but still below its 2023 peak: $21M last quarter, up 44% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -2% | +59 points |
| Q2 2026 | 10% | +232 points |
| Q1 2026 | -3.9% | -4.8 points |
| Q3 2025 | -61% | -30 points |
| Q2 2025 | -222% | -38 points |
| Q1 2025 | 0.8% | +29 points |
| Q4 2024 | -18% | -4.6 points |
| Q3 2024 | -31% | -18 points |
TUSK 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 the edge over TUSK on cash flow, with more consistent year-over-year improvement.
TUSK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$41.8M | -$25.2M |
| Q2 2026 | -$51M | -$18.3M |
| Q1 2026 | -$14.7M | -$10.2M |
| Q4 2025 | -$35.4M | -127% |
| Q3 2025 | -$16.6M | -$13.4M |
| Q2 2025 | -$32.6M | -$20.9M |
| Q1 2025 | -$4.5M | -110% |
| Q4 2024 | $130.5M | +5562% |
TUSK has burned cash in most quarters: −$143M over the past year, against $77M the year before.
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 | — |
TUSK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -36K shares |
| 1 year | -0.5% | -230K shares |
| 3 years | +0.4% | +186K shares |
| 5 years | +3.1% | +1.4M shares |
| Available history | +6.9% | +3.1M shares |
TUSK has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $130,000 |
| Q1 2026 | $404,000 |
| Q4 2025 | — |
TUSK spent $534,000 buying back its own shares over the past year.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
TUSK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.4x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2024 | 35.8x | High |
| Q4 2023 | 1.1x | Healthy |
| Q3 2023 | 1.6x | Healthy |
| Q2 2023 | 0.9x | Very low |
| Q1 2023 | 1.2x | Healthy |
| Q4 2022 | 1.6x | Healthy |
TUSK has more cash than debt.
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).
TUSK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.8 | Neutral |
| Stochastic | 63.9 | Neutral |
TUSK's weekly RSI is 58 (neutral) and its Stochastic is 64 (neutral).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
TUSK PE vs Industrials Sector
| Metric | TUSK | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 24x | 53% below |
| PE % | 32 | 58 | 26 pts below |
TUSK is trading at 11x earnings, a 53% discount 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.
TUSK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.94 | 11% above |
| 20 week MA | $2.99 | 9% above |
| 50 week MA | $2.69 | 21% above |
| 100 week MA | $2.59 | 26% above |
| 200 week MA | $3.39 | 3.8% below |
TUSK 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's yearly returns have swung widely, from +501% in 2024 to −74% in 2022. It's up 12% so far in 2026.
TUSK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.20 | $4.61 | +110% |
| 2021 | $4.61 | $1.91 | -59% |
| 2022 | $1.91 | $7.48 | +292% |
| 2023 | $7.48 | $4.46 | -40% |
| 2024 | $4.46 | $2.71 | -39% |
| 2025 | $2.71 | $1.88 | -31% |
| 2026 YTD | $1.88 | $3.26 | +73% |
TUSK has the edge over RDW on returns for 2026, with the stronger performance.