RKLB
Rocket Lab USA, Inc.
RKLB has the edge over WSO overall, supported by stronger fundamentals and stronger modeled upside.
WSO
Watsco, Inc.
WSO 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.
WSO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Strong |
WSO's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
WSO PE Valuation
WSO has no meaningful PE right now: it lost money over the past year.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over WSO on the outlook, with more favorable earnings and profitability expectations.
WSO Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Growth | |
| Weakening | |
| Limited | |
| Moderate |
Analysts expect WSO's revenue to grow, but its profitability to weaken.
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.
WSO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $12.53 | +9.3% |
| Q3 2026 | $11.46 | -11% |
| Q2 2026 | $11.67 | -11% |
| Q1 2026 | $12.19 | -6.7% |
| Q4 2025 | $12.25 | -7.9% |
| Q3 2025 | $12.85 | -0.8% |
| Q2 2025 | $13.09 | +0.1% |
| Q1 2025 | $13.06 | +0.4% |
| Q4 2024 | $13.30 | -2.7% |
WSO 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 WSO 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.
WSO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +7.4% |
| Q2 2026 | $2.1B | +2.1% |
| Q1 2026 | $1.5B | +0.1% |
| Q4 2025 | $1.6B | -10% |
| Q3 2025 | $2.1B | -4.3% |
| Q2 2025 | $2.1B | -3.6% |
| Q1 2025 | $1.5B | -2.2% |
| Q4 2024 | $1.8B | +9.4% |
WSO's revenue grew through 2022 and has held roughly level since: $2.2B last quarter, up 7.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | -1.2 points |
| Q2 2026 | 11% | -1.9 points |
| Q1 2026 | 7.2% | -0.1 points |
| Q4 2025 | 6.4% | -1.3 points |
| Q3 2025 | 11% | -0.2 points |
| Q2 2025 | 13% | +0.6 points |
| Q1 2025 | 7.3% | -0.8 points |
| Q4 2024 | 7.8% | +1 points |
WSO 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.
WSO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $315.4M | -8.9% |
| Q2 2026 | -$11.5M | +$2.8M |
| Q1 2026 | -$25.9M | +$159.3M |
| Q4 2025 | $388.5M | +4.7% |
| Q3 2025 | $346.1M | +55% |
| Q2 2025 | -$14.3M | -128% |
| Q1 2025 | -$185.2M | -289% |
| Q4 2024 | $370.9M | +28% |
WSO 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 | — |
WSO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +365K shares |
| 1 year | +1.7% | +640K shares |
| 3 years | -2.1% | -836K shares |
| 5 years | -0.6% | -215K shares |
| Available history | +11% | +3.9M shares |
WSO has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
WSO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | 0.1x | Very low |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.2x | Very low |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | 0.0x | Very low |
| Q4 2024 | -0.1x | Net Cash |
WSO 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).
WSO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.5 | Neutral |
| Stochastic | 42.6 | Neutral |
WSO's weekly RSI is 43 (neutral) and its Stochastic is 43 (neutral).
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
WSO PE vs Industrials Sector
| Metric | WSO | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 24x | 12% above |
| PE % | 32 | 58 | 26 pts below |
WSO has no meaningful PE right now: it lost money over the past year.
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 WSO on trend strength, trading above more of its moving averages.
WSO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $303.7 | 1.5% above |
| 20 week MA | $323.4 | 4.7% below |
| 50 week MA | $361.9 | 15% below |
| 100 week MA | $402.8 | 23% below |
| 200 week MA | $404.4 | 24% below |
WSO has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 24% below 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 has the edge over WSO on returns for 2026, with the stronger performance.
WSO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $180.7 | $234.2 | +30% |
| 2021 | $234.2 | $302.9 | +29% |
| 2022 | $302.9 | $252.2 | -17% |
| 2023 | $252.2 | $428.5 | +70% |
| 2024 | $428.5 | $480.0 | +12% |
| 2025 | $480.0 | $348.1 | -27% |
| 2026 YTD | $348.1 | $308.2 | -11% |
WSO has finished higher in four of the last six years. It's down 11% so far in 2026.