RKLB
Rocket Lab USA, Inc.
RKLB offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
WCC
WESCO International, Inc.
WCC has a slight 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.
WCC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Under pressure |
WCC's revenue and profitability are currently healthy, and its cash flow is stable, but its balance sheet is under pressure.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
WCC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $156 | -52% |
| Fair | 14x | $228 | -30% |
| Forward | 15x | $327 | — |
| Current | 20x | $327 | — |
| Expensive | 25x | $408 | +25% |
Historical ranges are pointers, not guarantees.
WCC's PE is in its expensive range at 20x. If earnings grow as analysts expect, today's price would be 15x 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.
WCC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for WCC, with profitability improving.
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.
WCC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $21.11 | +31% |
| Q3 2026 | $16.10 | +26% |
| Q2 2026 | $14.46 | +13% |
| Q1 2026 | $14.06 | +6.5% |
| Q4 2025 | $13.05 | 0% |
| Q3 2025 | $12.73 | +1.9% |
| Q2 2025 | $12.75 | -1% |
| Q1 2025 | $13.20 | +9.9% |
| Q4 2024 | $13.05 | -3.6% |
WCC 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 WCC 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.
WCC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.2B | +17% |
| Q2 2026 | $6.7B | +13% |
| Q1 2026 | $6.1B | +14% |
| Q4 2025 | $6.1B | +10% |
| Q3 2025 | $6.2B | +13% |
| Q2 2025 | $5.9B | +7.7% |
| Q1 2025 | $5.3B | -0.1% |
| Q4 2024 | $5.5B | +0.5% |
WCC's revenue has grown year over year for six quarters in a row: $7.2B last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.2% | +0.7 points |
| Q2 2026 | 5.7% | +0.3 points |
| Q1 2026 | 4.8% | +0.3 points |
| Q4 2025 | 5.3% | -0.1 points |
| Q3 2025 | 5.6% | -0.5 points |
| Q2 2025 | 5.5% | -0.4 points |
| Q1 2025 | 4.5% | -0.4 points |
| Q4 2024 | 5.5% | -0.3 points |
WCC 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.
WCC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $164.8M | +$260.7M |
| Q2 2026 | $25.5M | -70% |
| Q1 2026 | $198M | +2505% |
| Q4 2025 | $27.5M | -89% |
| Q3 2025 | -$95.9M | -135% |
| Q2 2025 | $86M | +$330.6M |
| Q1 2025 | $7.6M | -99% |
| Q4 2024 | $252.3M | +521% |
WCC 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 | — |
WCC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -100K shares |
| 1 year | -0.4% | -200K shares |
| 3 years | -5.6% | -2.9M shares |
| 5 years | -5.3% | -2.8M shares |
| Available history | +13% | +5.8M shares |
WCC has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $35.1M |
| Q2 2026 | $14.9M |
| Q1 2026 | $25M |
| Q4 2025 | — |
| Q3 2025 | $25M |
| Q2 2025 | $25M |
| Q1 2025 | $25M |
| Q4 2024 | $50M |
WCC spent $75M buying back its own shares over the past year, down 40% 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.
WCC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.1x | Elevated |
| Q2 2026 | 3.3x | Elevated |
| Q1 2026 | 3.4x | Elevated |
| Q4 2025 | 3.6x | Elevated |
| Q3 2025 | 3.7x | Elevated |
| Q2 2025 | 3.6x | Elevated |
| Q1 2025 | 3.2x | Elevated |
| Q4 2024 | 3.1x | Elevated |
WCC's net debt is about 3.1 years of its operating earnings (EBITDA), down from 3.7 years a year ago.
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).
WCC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.5 | Neutral |
| Stochastic | 30.4 | Neutral |
WCC's weekly RSI is 49 (neutral) and its Stochastic is 30 (neutral).
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
WCC PE vs Industrials Sector
| Metric | WCC | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 24x | 16% below |
| PE % | 70 | 58 | 12 pts above |
WCC is trading at 20x earnings, a 16% 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.
WCC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $342.1 | 4.3% below |
| 20 week MA | $342.3 | 4.4% below |
| 50 week MA | $318.6 | 2.7% above |
| 100 week MA | $256.3 | 28% above |
| 200 week MA | $209.3 | 56% above |
WCC has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 56% 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.
WCC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $59.3 | $76.7 | +29% |
| 2021 | $76.7 | $127.2 | +66% |
| 2022 | $127.2 | $123.2 | -3.1% |
| 2023 | $123.2 | $173.9 | +41% |
| 2024 | $173.9 | $178.6 | +2.7% |
| 2025 | $178.6 | $254.0 | +42% |
| 2026 YTD | $254.0 | $327.2 | +29% |
WCC has the edge over RKLB on returns for 2026, with the stronger performance.