RDW
Redwire Corporation
RDW has the edge over WSO overall, supported by stronger fundamentals and stronger modeled upside.
WSO
Watsco, Inc.
WSO 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.
WSO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Strong |
WSO's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
WSO PE Valuation
WSO has no meaningful PE right now: it lost money over the past year.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over WSO on the outlook, with more favorable earnings and profitability expectations.
WSO Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Growth | |
| Weakening | |
| Limited | |
| Moderate |
Analysts expect WSO's revenue to grow, but its profitability to weaken.
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.
WSO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $12.53 | +9.3% |
| Q3 2026 | $11.46 | -11% |
| Q2 2026 | $11.67 | -11% |
| Q1 2026 | $12.19 | -6.7% |
| Q4 2025 | $12.25 | -7.9% |
| Q3 2025 | $12.85 | -0.8% |
| Q2 2025 | $13.09 | +0.1% |
| Q1 2025 | $13.06 | +0.4% |
| Q4 2024 | $13.30 | -2.7% |
WSO 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 WSO 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.
WSO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +7.4% |
| Q2 2026 | $2.1B | +2.1% |
| Q1 2026 | $1.5B | +0.1% |
| Q4 2025 | $1.6B | -10% |
| Q3 2025 | $2.1B | -4.3% |
| Q2 2025 | $2.1B | -3.6% |
| Q1 2025 | $1.5B | -2.2% |
| Q4 2024 | $1.8B | +9.4% |
WSO's revenue grew through 2022 and has held roughly level since: $2.2B last quarter, up 7.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | -1.2 points |
| Q2 2026 | 11% | -1.9 points |
| Q1 2026 | 7.2% | -0.1 points |
| Q4 2025 | 6.4% | -1.3 points |
| Q3 2025 | 11% | -0.2 points |
| Q2 2025 | 13% | +0.6 points |
| Q1 2025 | 7.3% | -0.8 points |
| Q4 2024 | 7.8% | +1 points |
WSO 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.
WSO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $315.4M | -8.9% |
| Q2 2026 | -$11.5M | +$2.8M |
| Q1 2026 | -$25.9M | +$159.3M |
| Q4 2025 | $388.5M | +4.7% |
| Q3 2025 | $346.1M | +55% |
| Q2 2025 | -$14.3M | -128% |
| Q1 2025 | -$185.2M | -289% |
| Q4 2024 | $370.9M | +28% |
WSO 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 | — |
WSO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +365K shares |
| 1 year | +1.7% | +640K shares |
| 3 years | -2.1% | -836K shares |
| 5 years | -0.6% | -215K shares |
| Available history | +11% | +3.9M shares |
WSO 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.
WSO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | 0.1x | Very low |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.2x | Very low |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | 0.0x | Very low |
| Q4 2024 | -0.1x | Net Cash |
WSO 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).
WSO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.5 | Neutral |
| Stochastic | 42.6 | Neutral |
WSO's weekly RSI is 43 (neutral) and its Stochastic is 43 (neutral).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
WSO PE vs Industrials Sector
| Metric | WSO | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 24x | 12% above |
| PE % | 32 | 58 | 26 pts below |
WSO has no meaningful PE right now: it lost money over the past year.
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.
WSO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $303.7 | 1.5% above |
| 20 week MA | $323.4 | 4.7% below |
| 50 week MA | $361.9 | 15% below |
| 100 week MA | $402.8 | 23% below |
| 200 week MA | $404.4 | 24% below |
WSO 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 WSO on returns for 2026, with the stronger performance.
WSO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $180.7 | $234.2 | +30% |
| 2021 | $234.2 | $302.9 | +29% |
| 2022 | $302.9 | $252.2 | -17% |
| 2023 | $252.2 | $428.5 | +70% |
| 2024 | $428.5 | $480.0 | +12% |
| 2025 | $480.0 | $348.1 | -27% |
| 2026 YTD | $348.1 | $308.2 | -11% |
WSO has finished higher in four of the last six years. It's down 11% so far in 2026.