RDW
Redwire Corporation
RDW has the edge over ULH overall, supported by stronger valuation and stronger fundamentals.
ULH
Universal Logistics Holdings, Inc.
ULH 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.
ULH Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
ULH'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.
ULH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6x | $10.18 | -66% |
| Fair | 8.2x | $13.90 | -53% |
| Expensive | 14x | $22.97 | -23% |
| Forward | 15x | $29.71 | — |
| Current | 18x | $29.71 | — |
Historical ranges are pointers, not guarantees.
ULH's PE is in its expensive range at 18x. If earnings grow as analysts expect, today's price would be 15x next year's earnings.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over ULH on the outlook, with more favorable revenue expectations.
ULH Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect ULH's earnings to grow and its profitability to improve, with its revenue holding steady.
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.
ULH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.95 | +15% |
| Q3 2026 | $1.69 | +$4.86 |
| Q2 2026 | -$3.48 | -250% |
| Q1 2026 | -$4.15 | -231% |
| Q4 2025 | -$3.79 | -177% |
| Q3 2025 | -$3.17 | -164% |
| Q2 2025 | $2.32 | -52% |
| Q1 2025 | $3.17 | -31% |
| Q4 2024 | $4.93 | +40% |
ULH 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 ULH 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.
ULH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $394M | -0.7% |
| Q2 2026 | $379.3M | -3.7% |
| Q1 2026 | $367.6M | -3.9% |
| Q4 2025 | $385.4M | -17% |
| Q3 2025 | $396.8M | -7% |
| Q2 2025 | $393.8M | -15% |
| Q1 2025 | $382.4M | -22% |
| Q4 2024 | $465.1M | +19% |
ULH's revenue has slid since its 2022 peak: $394M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.3% | +38 points |
| Q2 2026 | 12% | +6.9 points |
| Q1 2026 | 1.3% | -2.8 points |
| Q4 2025 | 4.5% | -3.7 points |
| Q3 2025 | -30% | -40 points |
| Q2 2025 | 5% | -5.1 points |
| Q1 2025 | 4.1% | -11 points |
| Q4 2024 | 8.2% | -0.5 points |
ULH 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.
ULH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $7.2M | +$35.8M |
| Q2 2026 | $27.1M | +$85.7M |
| Q1 2026 | $23.8M | -25% |
| Q4 2025 | $14.3M | -25% |
| Q3 2025 | -$28.6M | +$30.3M |
| Q2 2025 | -$58.6M | +$9M |
| Q1 2025 | $31.7M | +$63.4M |
| Q4 2024 | $18.9M | +3156% |
ULH 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 | — |
ULH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -3K shares |
| 1 year | +0.1% | +27K shares |
| 3 years | +0.2% | +57K shares |
| 5 years | -2.1% | -561K shares |
| Available history | -3.4% | -916K shares |
ULH has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $67,000 |
| Q4 2025 | — |
| Q3 2025 | — |
| Q4 2024 | $24,000 |
| Q3 2024 | — |
| Q4 2023 | — |
| Q3 2023 | $134,000 |
| 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.
ULH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.8x | Moderate |
| Q2 2026 | 7.2x | High |
| Q1 2026 | 10.3x | High |
| Q4 2025 | 9.4x | High |
| Q3 2025 | 8.0x | High |
| Q2 2025 | 3.0x | Elevated |
| Q1 2025 | 2.5x | Moderate |
| Q4 2024 | 2.3x | Moderate |
ULH's net debt is about 2.8 years of its operating earnings (EBITDA), down from 8.0 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).
ULH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 72.0 | Overbought |
| Stochastic | 80.1 | Overbought |
ULH's weekly RSI is 72 (overbought) and its Stochastic is 80 (overbought).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
ULH PE vs Industrials Sector
| Metric | ULH | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 27% below |
| PE % | 96 | 58 | 38 pts above |
ULH is trading at 18x earnings, a 27% 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.
ULH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $20.6 | 44% above |
| 20 week MA | $18.5 | 60% above |
| 50 week MA | $17.7 | 67% above |
| 100 week MA | $22.3 | 33% above |
| 200 week MA | $28.3 | 5.2% above |
ULH 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.
ULH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $19.1 | $20.7 | +8.6% |
| 2021 | $20.7 | $18.0 | -13% |
| 2022 | $18.0 | $34.2 | +90% |
| 2023 | $34.2 | $28.0 | -18% |
| 2024 | $28.0 | $46.1 | +64% |
| 2025 | $46.1 | $15.7 | -66% |
| 2026 YTD | $15.7 | $29.7 | +90% |
ULH has the edge over RDW on returns for 2026, with the stronger performance.