RDW
Redwire Corporation
RDW lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink.
WOR
Worthington Industries, Inc.
WOR's fundamentals are strong: its operating margin rose 5 points to 5.6% and revenue grew 18%. Its PE of 18x looks cheaper than it really is, because one-off gains boosted its recent earnings. Analysts expect earnings growth.
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.
WOR Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Strong | |
| Healthy |
WOR's revenue, cash flow and balance sheet are currently healthy, and its profitability is stable.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
WOR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6x | $20.01 | -66% |
| Fair | 14x | $46.16 | -21% |
| Forward | 15x | $58.20 | — |
| Current | 18x | $58.20 | — |
| Expensive | 28x | $91.69 | +58% |
Historical ranges are pointers, not guarantees.
WOR's PE is in its fair range at 18x, but its recent earnings include one-off gains. 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 WOR on the outlook, with more favorable profitability expectations.
WOR Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for WOR, with profitability 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.
WOR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.86 | +17% |
| Q3 2026 | $3.31 | +55% |
| Q2 2026 | $3.14 | +64% |
| Q1 2026 | $2.26 | +93% |
| Q4 2025 | $2.13 | +160% |
| Q3 2025 | $2.14 | +185% |
| Q2 2025 | $1.92 | -13% |
| Q1 2025 | $1.17 | -79% |
| Q4 2024 | $0.82 | -86% |
WOR 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 WOR 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.
WOR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $343.9M | +13% |
| Q2 2026 | $371.5M | +17% |
| Q1 2026 | $378.7M | +24% |
| Q4 2025 | $327.5M | +19% |
| Q3 2025 | $303.7M | +18% |
| Q2 2025 | $317.9M | -0.3% |
| Q1 2025 | $304.5M | -3.9% |
| Q4 2024 | $274M | -75% |
WOR's revenue is recovering but still below its 2022 peak: $344M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.8% | +0.8 points |
| Q2 2026 | 6.2% | +16 points |
| Q1 2026 | 8.3% | +1.5 points |
| Q4 2025 | 3.8% | +2.5 points |
| Q3 2025 | 3% | +4.9 points |
| Q2 2025 | -9.6% | +8 points |
| Q1 2025 | 6.8% | +5.5 points |
| Q4 2024 | 1.3% | +1.8 points |
WOR 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.
WOR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $54M | +94% |
| Q2 2026 | $55.1M | +12% |
| Q1 2026 | $48.1M | +8.4% |
| Q4 2025 | $39.1M | +15% |
| Q3 2025 | $27.9M | -12% |
| Q2 2025 | $49.3M | +46% |
| Q1 2025 | $44.4M | +11% |
| Q4 2024 | $33.9M | -67% |
WOR 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 | — |
WOR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.1% | -551K shares |
| 1 year | -1.7% | -861K shares |
| 3 years | -1.4% | -721K shares |
| 5 years | -5.2% | -2.7M shares |
| Available history | -12% | -6.9M shares |
WOR has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $18.2M |
| Q2 2026 | $18.4M |
| Q1 2026 | $5.4M |
| Q4 2025 | $13.7M |
| Q3 2025 | $6.3M |
| Q2 2025 | $9.8M |
| Q1 2025 | $6.2M |
| Q4 2024 | $8.1M |
WOR spent $56M buying back its own shares over the past year, up 83% 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.
WOR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.8x | Healthy |
| Q2 2026 | 2.1x | Moderate |
| Q1 2026 | 4.0x | Elevated |
| Q4 2025 | 2.0x | Healthy |
| Q3 2025 | 2.6x | Moderate |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 6.0x | High |
| Q3 2024 | 67.1x | High |
WOR's net debt is about 1.8 years of its operating earnings (EBITDA), down from 2.6 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).
WOR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.6 | Neutral |
| Stochastic | 48.9 | Neutral |
WOR's weekly RSI is 49 (neutral) and its Stochastic is 49 (neutral).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
WOR PE vs Industrials Sector
| Metric | WOR | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 27% below |
| PE % | 57 | 58 | 1 pt below |
WOR is trading at 18x earnings, a 27% discount to the Industrials sector's median of 24x, though its recent earnings include one-off gains.
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.
WOR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.8 | 5.9% below |
| 20 week MA | $59.0 | 1.3% below |
| 50 week MA | $56.4 | 3.2% above |
| 100 week MA | $54.9 | 6% above |
| 200 week MA | $50.4 | 16% above |
WOR 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 WOR on returns for 2026, with the stronger performance.
WOR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $26.2 | $31.3 | +20% |
| 2021 | $31.3 | $32.5 | +3.6% |
| 2022 | $32.5 | $30.6 | -5.9% |
| 2023 | $30.6 | $57.6 | +88% |
| 2024 | $57.6 | $40.7 | -29% |
| 2025 | $40.7 | $52.9 | +30% |
| 2026 YTD | $52.9 | $58.2 | +10% |
WOR has finished higher in four of the last six years. It's up 10% so far in 2026.