RKLB
Rocket Lab USA, Inc.
RKLB offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
SNDR
Schneider National, Inc.
SNDR has the edge over RKLB overall, supported by lower modeled downside and stronger modeled upside.
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.
SNDR Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Strong |
SNDR's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
SNDR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $8.73 | -70% |
| Forward | 19x | $28.95 | — |
| Fair | 21x | $17.28 | -40% |
| Current | 36x | $28.95 | — |
| Expensive | 42x | $33.96 | +17% |
Historical ranges are pointers, not guarantees.
SNDR's PE is in its expensive range at 36x. If earnings grow as analysts expect, today's price would be 19x next year's earnings, in its fair range.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
SNDR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for SNDR, with profitability improving. However, they disagree widely on these estimates.
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.
SNDR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.49 | +84% |
| Q3 2026 | $0.81 | +25% |
| Q2 2026 | $0.64 | -9.9% |
| Q1 2026 | $0.56 | -21% |
| Q4 2025 | $0.59 | -11% |
| Q3 2025 | $0.65 | +3.2% |
| Q2 2025 | $0.71 | +7.6% |
| Q1 2025 | $0.71 | -20% |
| Q4 2024 | $0.66 | -51% |
SNDR 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 SNDR 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.
SNDR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.6B | +9.2% |
| Q2 2026 | $1.6B | +10% |
| Q1 2026 | $1.4B | -0.2% |
| Q4 2025 | $1.4B | +4.5% |
| Q3 2025 | $1.5B | +10% |
| Q2 2025 | $1.4B | +7.9% |
| Q1 2025 | $1.4B | +6.3% |
| Q4 2024 | $1.3B | -2.4% |
SNDR's revenue has picked up after two years of holding roughly level: $1.6B last quarter, up 9.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.9% | +1.5 points |
| Q2 2026 | 4.5% | +0.7 points |
| Q1 2026 | 2.4% | -0.6 points |
| Q4 2025 | 2.6% | -0.6 points |
| Q3 2025 | 2.4% | -0.8 points |
| Q2 2025 | 3.9% | 0 points |
| Q1 2025 | 3% | +0.8 points |
| Q4 2024 | 3.2% | +0.9 points |
SNDR 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.
SNDR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.3M | -96% |
| Q2 2026 | $58.6M | -45% |
| Q1 2026 | $52M | +$74.7M |
| Q4 2025 | $145.5M | +28% |
| Q3 2025 | $56.2M | -43% |
| Q2 2025 | $106.4M | +24% |
| Q1 2025 | -$22.7M | +$3M |
| Q4 2024 | $113.6M | +230% |
SNDR 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 | — |
SNDR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +300K shares |
| 1 year | +0.2% | +400K shares |
| 3 years | -0.8% | -1.4M shares |
| 5 years | -0.9% | -1.6M shares |
| Available history | -0.6% | -1M shares |
SNDR has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $5.2M |
| Q4 2025 | $6.3M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $8.3M |
| Q4 2024 | — |
SNDR spent $12M buying back its own shares over the past year, up 39% from 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.
SNDR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 0.6x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 0.7x | Very low |
SNDR's net debt is less than a year of its operating earnings (EBITDA).
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).
SNDR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.5 | Neutral |
| Stochastic | 7.4 | Oversold |
SNDR's weekly RSI is 39 (neutral) and its Stochastic is 7 (oversold).
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
SNDR PE vs Industrials Sector
| Metric | SNDR | Sector median | Relative |
|---|---|---|---|
| PE | 36x | 24x | 48% above |
| PE % | 77 | 58 | 19 pts above |
SNDR is trading at 36x earnings, a 48% premium 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 has the edge over SNDR on trend strength, trading above more of its moving averages.
SNDR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $30.4 | 4.9% below |
| 20 week MA | $33.6 | 14% below |
| 50 week MA | $31.2 | 7.2% below |
| 100 week MA | $27.9 | 3.8% above |
| 200 week MA | $27.0 | 7.1% above |
SNDR has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 7.1% 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.
SNDR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.7 | $20.7 | -4.3% |
| 2021 | $20.7 | $26.2 | +26% |
| 2022 | $26.2 | $24.1 | -7.9% |
| 2023 | $24.1 | $25.5 | +5.6% |
| 2024 | $25.5 | $29.5 | +16% |
| 2025 | $29.5 | $27.3 | -7.6% |
| 2026 YTD | $27.3 | $29.0 | +6.1% |
SNDR has the edge over RKLB on returns for 2026, with the stronger performance.