RKLB
Rocket Lab USA, Inc.
RKLB has the edge over SNA overall, supported by stronger valuation and stronger modeled upside.
SNA
Snap-on Incorporated
SNA has lower modeled downside risk, despite its lower overall score.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
SNA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
SNA's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
SNA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 14x | $265 | -28% |
| Fair | 15x | $291 | -21% |
| Forward | 18x | $368 | — |
| Expensive | 19x | $356 | -3.3% |
| Current | 19x | $368 | — |
Historical ranges are pointers, not guarantees.
SNA's PE is in its expensive range at 19x. On analysts' estimates for next year's earnings, today's price would be 18x.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over SNA on the outlook, with more favorable earnings and revenue expectations.
SNA Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect SNA's earnings, revenue and profitability to hold roughly steady.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 at its worst in mid-2025.
SNA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $19.92 | +3.6% |
| Q3 2026 | $19.23 | +0.8% |
| Q2 2026 | $19.61 | +4.5% |
| Q1 2026 | $19.37 | +1.4% |
| Q4 2025 | $19.19 | -1.6% |
| Q3 2025 | $19.08 | -1.9% |
| Q2 2025 | $18.76 | -2.5% |
| Q1 2025 | $19.11 | +0.2% |
| Q4 2024 | $19.51 | +4% |
SNA has the edge over RKLB on earnings quality, reporting a profit while its opponent remains loss making.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over SNA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB's operating margin was −30% last quarter, up 8.5 points from the same quarter a year ago.
SNA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.3B | -0.7% |
| Q2 2026 | $1.3B | +4.2% |
| Q1 2026 | $1.3B | +5.2% |
| Q4 2025 | $1.3B | +3.1% |
| Q3 2025 | $1.3B | +3.6% |
| Q2 2025 | $1.3B | +0.1% |
| Q1 2025 | $1.2B | -3% |
| Q4 2024 | $1.3B | +0.4% |
SNA's revenue grew through 2023 and has held roughly level since: $1.3B last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | -2.2 points |
| Q2 2026 | 25% | -0.4 points |
| Q1 2026 | 24% | -0.8 points |
| Q4 2025 | 25% | -0.8 points |
| Q3 2025 | 27% | +0.3 points |
| Q2 2025 | 26% | -1.8 points |
| Q1 2025 | 25% | -1.3 points |
| Q4 2024 | 26% | +0.9 points |
SNA has the edge over RKLB on profitability, with a higher operating margin.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M the year before.
SNA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $223M | -14% |
| Q2 2026 | $248.4M | +14% |
| Q1 2026 | $347.5M | +26% |
| Q4 2025 | $254.6M | -7.6% |
| Q3 2025 | $258M | +1.7% |
| Q2 2025 | $217.5M | -22% |
| Q1 2025 | $275.6M | -16% |
| Q4 2024 | $275.4M | -0.1% |
SNA has the edge over RKLB on cash generation, producing positive trailing cash flow while its opponent burns cash.
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has 652M diluted shares, up 23% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
SNA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -120K shares |
| 1 year | -0.9% | -482K shares |
| 3 years | -2.8% | -1.5M shares |
| 5 years | -4.6% | -2.5M shares |
| Available history | -6.3% | -3.5M shares |
SNA has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $87.1M |
| Q2 2026 | $91.4M |
| Q1 2026 | $99.9M |
| Q4 2025 | $80.4M |
| Q3 2025 | $82M |
| Q2 2025 | $79M |
| Q1 2025 | $87.2M |
| Q4 2024 | $112.5M |
SNA spent $359M buying back its own shares over the past year, about the same as the year before.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
SNA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.6x | Net Cash |
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -0.4x | Net Cash |
| Q4 2025 | -0.3x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.2x | Net Cash |
| Q1 2025 | -0.2x | Net Cash |
| Q4 2024 | -0.1x | Net Cash |
SNA has more cash than debt.
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
SNA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.4 | Neutral |
| Stochastic | 37.6 | Neutral |
SNA's weekly RSI is 45 (neutral) and its Stochastic is 38 (neutral).
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
SNA PE vs Industrials Sector
| Metric | SNA | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 24x | 21% below |
| PE % | 89 | 58 | 31 pts above |
SNA is trading at 19x earnings, a 21% discount to the Industrials sector's median of 24x.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB's trend is mixed: it's above three of its five weekly moving averages, and 104% above its 200-week average.
SNA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $364.2 | 1% above |
| 20 week MA | $384.4 | 4.3% below |
| 50 week MA | $375.7 | 2.1% below |
| 100 week MA | $353.1 | 4.2% above |
| 200 week MA | $315.0 | 17% above |
SNA's trend is mixed: it's above three of its five weekly moving averages, and 17% above its 200-week average.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB's yearly returns have swung widely, from +392% in 2024 to −69% in 2022. It's down 9.3% so far in 2026.
SNA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $169.2 | $169.8 | +0.3% |
| 2021 | $169.8 | $209.9 | +24% |
| 2022 | $209.9 | $227.7 | +8.5% |
| 2023 | $227.7 | $288.8 | +27% |
| 2024 | $288.8 | $343.6 | +19% |
| 2025 | $343.6 | $354.0 | +3% |
| 2026 YTD | $354.0 | $367.9 | +3.9% |
SNA has the edge over RKLB on returns for 2026, with the stronger performance.