RDW
Redwire Corporation
RDW's outlook is improving, though it still trails on the overall score.
ZWS
Zurn Elkay Water Solutions Corporation
ZWS 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.
ZWS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Strong |
ZWS's profitability, cash flow and balance sheet are currently strong, and its revenue is stable.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
ZWS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $45.17 | — |
| Cheap | 25x | $42.43 | -6.1% |
| Current | 26x | $45.17 | — |
| Fair | 40x | $67.68 | +50% |
| Expensive | 48x | $81.44 | +80% |
Historical ranges are pointers, not guarantees.
ZWS's PE is in its cheap range at 26x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
ZWS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ZWS, with profitability improving.
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.
ZWS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.99 | +17% |
| Q3 2026 | $1.71 | +53% |
| Q2 2026 | $1.62 | +60% |
| Q1 2026 | $1.24 | +25% |
| Q4 2025 | $1.15 | +25% |
| Q3 2025 | $1.12 | +44% |
| Q2 2025 | $1.01 | +31% |
| Q1 2025 | $0.99 | +41% |
| Q4 2024 | $0.92 | +44% |
ZWS 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.
ZWS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $495.1M | +8.7% |
| Q2 2026 | $491M | +10% |
| Q1 2026 | $433M | +11% |
| Q4 2025 | $407.2M | +9.8% |
| Q3 2025 | $455.4M | +11% |
| Q2 2025 | $444.5M | +7.9% |
| Q1 2025 | $388.8M | +4% |
| Q4 2024 | $370.7M | +3.9% |
ZWS's revenue has grown year over year for 12 quarters in a row: $495M last quarter, up 8.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 22% | +4.8 points |
| Q2 2026 | 31% | +14 points |
| Q1 2026 | 19% | +2.7 points |
| Q4 2025 | 15% | +1.5 points |
| Q3 2025 | 17% | -0.1 points |
| Q2 2025 | 17% | 0 points |
| Q1 2025 | 16% | +2.1 points |
| Q4 2024 | 13% | +4.1 points |
ZWS 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.
ZWS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $112.2M | +11% |
| Q2 2026 | $162.3M | +47% |
| Q1 2026 | $46.1M | +7.5% |
| Q4 2025 | $91.7M | +44% |
| Q3 2025 | $101.3M | +11% |
| Q2 2025 | $110.6M | +30% |
| Q1 2025 | $42.9M | -20% |
| Q4 2024 | $63.6M | +9.3% |
ZWS 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 | — |
ZWS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -673K shares |
| 1 year | -1.3% | -2.2M shares |
| 3 years | -4.6% | -8M shares |
| 5 years | -32% | -80.5M shares |
| Available history | -32% | -79.3M shares |
ZWS has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $35.1M |
| Q2 2026 | $49.6M |
| Q1 2026 | $50M |
| Q4 2025 | $25M |
| Q3 2025 | $25M |
| Q2 2025 | $32.5M |
| Q1 2025 | $77.4M |
| Q4 2024 | $20.3M |
ZWS spent $160M buying back its own shares over the past year, up 2.9% 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.
ZWS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.7x | Very low |
| Q2 2025 | 0.8x | Very low |
| Q1 2025 | 1.0x | Healthy |
| Q4 2024 | 0.9x | Very low |
ZWS's net debt is less than a year of its operating earnings (EBITDA).
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).
ZWS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.8 | Neutral |
| Stochastic | 15.1 | Oversold |
ZWS's weekly RSI is 44 (neutral) and its Stochastic is 15 (oversold).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
ZWS PE vs Industrials Sector
| Metric | ZWS | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 24x | 9.8% above |
| PE % | 18 | 58 | 40 pts below |
ZWS is trading at 26x earnings, in line with 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.
ZWS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $46.2 | 2.3% below |
| 20 week MA | $47.6 | 5.1% below |
| 50 week MA | $47.9 | 5.8% below |
| 100 week MA | $43.7 | 3.4% above |
| 200 week MA | $36.5 | 24% above |
ZWS 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 ZWS on returns for 2026, with the stronger performance.
ZWS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $15.8 | $18.9 | +20% |
| 2021 | $18.9 | $36.1 | +91% |
| 2022 | $36.1 | $21.4 | -41% |
| 2023 | $21.4 | $29.4 | +37% |
| 2024 | $29.4 | $37.7 | +28% |
| 2025 | $37.7 | $47.8 | +27% |
| 2026 YTD | $47.8 | $45.2 | -5.6% |
ZWS has finished higher in five of the last six years. It's down 5.6% so far in 2026.