RDW
Redwire Corporation
RDW offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
XYL
Xylem Inc.
XYL has the edge over RDW overall, supported by lower modeled downside and stronger valuation.
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.
XYL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Healthy |
XYL's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
XYL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 17x | $94.03 | — |
| Current | 21x | $94.03 | — |
| Cheap | 32x | $143 | +52% |
| Fair | 40x | $182 | +94% |
| Expensive | 62x | $278 | +196% |
Historical ranges are pointers, not guarantees.
XYL's PE is in its cheap range at 21x. If earnings grow as analysts expect, today's price would be 17x next year's earnings.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over XYL on the outlook, with more favorable revenue expectations.
XYL Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect XYL'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.
XYL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.62 | +24% |
| Q3 2026 | $4.52 | +16% |
| Q2 2026 | $4.20 | +9.4% |
| Q1 2026 | $4.02 | +8.4% |
| Q4 2025 | $3.92 | +7.4% |
| Q3 2025 | $3.88 | +11% |
| Q2 2025 | $3.84 | +19% |
| Q1 2025 | $3.71 | +29% |
| Q4 2024 | $3.65 | +31% |
XYL 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.
XYL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | -3% |
| Q2 2026 | $2.3B | +1.5% |
| Q1 2026 | $2.1B | +2.7% |
| Q4 2025 | $2.4B | +6.3% |
| Q3 2025 | $2.3B | +7.8% |
| Q2 2025 | $2.3B | +6.1% |
| Q1 2025 | $2.1B | +1.8% |
| Q4 2024 | $2.3B | +6.5% |
XYL's revenue grew through 2024 and has held roughly level since: $2.2B last quarter, down 3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 17% | +2.8 points |
| Q2 2026 | 17% | +3.4 points |
| Q1 2026 | 11% | +0.3 points |
| Q4 2025 | 15% | +2.9 points |
| Q3 2025 | 15% | +1.4 points |
| Q2 2025 | 13% | +1.6 points |
| Q1 2025 | 11% | +0.9 points |
| Q4 2024 | 12% | +1.9 points |
XYL 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.
XYL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $242M | -14% |
| Q2 2026 | $201M | -2.9% |
| Q1 2026 | $18M | +$56M |
| Q4 2025 | $460M | -3.2% |
| Q3 2025 | $281M | +19% |
| Q2 2025 | $207M | -3.7% |
| Q1 2025 | -$38M | -353% |
| Q4 2024 | $475M | +32% |
XYL 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 | — |
XYL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.5% | -3.5M shares |
| 1 year | -4.5% | -11.1M shares |
| 3 years | -3.8% | -9.1M shares |
| 5 years | +28% | +51.4M shares |
| Available history | +29% | +51.8M shares |
XYL has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $337M |
| Q2 2026 | $680M |
| Q1 2026 | $563M |
| Q4 2025 | $1M |
| Q3 2025 | $1M |
| Q2 2025 | — |
| Q1 2025 | $13M |
| Q4 2024 | $1M |
XYL spent $1.6B buying back its own shares over the past year, more than ten times what it spent 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.
XYL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.1x | Healthy |
| Q2 2026 | 0.9x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.6x | Very low |
| Q4 2024 | 0.6x | Very low |
XYL's net debt is about 1.1 years of its operating earnings (EBITDA), up from less than a year 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).
XYL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.6 | Neutral |
| Stochastic | 19.7 | Oversold |
XYL's weekly RSI is 35 (neutral) and its Stochastic is 20 (oversold).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
XYL PE vs Industrials Sector
| Metric | XYL | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 24x | 14% below |
| PE % | 0 | 58 | 58 pts below |
XYL is trading at 21x earnings, a 14% 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.
XYL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $100.5 | 6.5% below |
| 20 week MA | $109.4 | 14% below |
| 50 week MA | $119.0 | 21% below |
| 100 week MA | $124.8 | 25% below |
| 200 week MA | $120.7 | 22% below |
XYL is in a downtrend: it's below all five of its weekly moving averages, and 22% below its 200-week average.
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 XYL on returns for 2026, with the stronger performance.
XYL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $78.8 | $100.3 | +27% |
| 2021 | $100.3 | $117.5 | +17% |
| 2022 | $117.5 | $109.7 | -6.6% |
| 2023 | $109.7 | $114.4 | +4.2% |
| 2024 | $114.4 | $117.5 | +2.8% |
| 2025 | $117.5 | $138.8 | +18% |
| 2026 YTD | $138.8 | $94.0 | -32% |
XYL is down 32% so far in 2026, after finishing higher in five of the previous six years.