RKLB
Rocket Lab USA, Inc.
RKLB's outlook is improving, though it still trails on the overall score.
WTS
Watts Water Technologies, Inc.
WTS has the edge over RKLB overall, supported by lower modeled downside and stronger fundamentals.
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.
WTS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
WTS's revenue, profitability, cash flow and balance sheet are all currently healthy.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
WTS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 23x | $301 | -16% |
| Fair | 26x | $350 | -2.1% |
| Current | 27x | $357 | — |
| Expensive | 34x | $453 | +27% |
Historical ranges are pointers, not guarantees.
WTS's PE is in its fair range at 27x.
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.
WTS Forward outlook
There aren't enough analyst estimates for WTS to show an outlook.
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.
WTS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $13.34 | +38% |
| Q2 2026 | $11.45 | +23% |
| Q1 2026 | $10.93 | +25% |
| Q4 2025 | $10.17 | +17% |
| Q3 2025 | $9.69 | +16% |
| Q2 2025 | $9.30 | +13% |
| Q1 2025 | $8.73 | +8.3% |
| Q4 2024 | $8.69 | +11% |
WTS 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 WTS 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.
WTS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $728M | +19% |
| Q2 2026 | $763.2M | +19% |
| Q1 2026 | $677.3M | +21% |
| Q4 2025 | $625.1M | +16% |
| Q3 2025 | $611.7M | +13% |
| Q2 2025 | $643.7M | +7.8% |
| Q1 2025 | $558M | -2.3% |
| Q4 2024 | $540.4M | -1.3% |
WTS's revenue has grown year over year for six quarters in a row: $728M last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 26% | +8 points |
| Q2 2026 | 20% | -0.8 points |
| Q1 2026 | 20% | +3.9 points |
| Q4 2025 | 18% | +1.7 points |
| Q3 2025 | 18% | +1.1 points |
| Q2 2025 | 21% | +2.3 points |
| Q1 2025 | 16% | -1.2 points |
| Q4 2024 | 16% | +2.1 points |
WTS 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.
WTS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $131.9M | +19% |
| Q2 2026 | $91.6M | +54% |
| Q1 2026 | $6.6M | -86% |
| Q4 2025 | $140.3M | +10% |
| Q3 2025 | $110.9M | +32% |
| Q2 2025 | $59.5M | -24% |
| Q1 2025 | $45.6M | +28% |
| Q4 2024 | $127.5M | +29% |
WTS 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 | — |
WTS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | 0% | -- |
| 5 years | -1.2% | -400K shares |
| Available history | -2% | -700K shares |
WTS has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3.9M |
| Q2 2026 | $4.1M |
| Q1 2026 | $3.8M |
| Q4 2025 | $4.2M |
| Q3 2025 | $3.9M |
| Q2 2025 | $4M |
| Q1 2025 | $3.9M |
| Q4 2024 | $4M |
WTS spent $16M buying back its own shares over the past year, up 1.3% 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.
WTS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.4x | Net Cash |
| Q3 2025 | -0.5x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.3x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
WTS 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).
WTS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.5 | Neutral |
| Stochastic | 28.3 | Neutral |
WTS's weekly RSI is 55 (neutral) and its Stochastic is 28 (neutral).
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
WTS PE vs Industrials Sector
| Metric | WTS | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 24x | 11% above |
| PE % | 52 | 58 | 6 pts below |
WTS is trading at 27x earnings, a 11% 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's trend is mixed: it's above three of its five weekly moving averages, and 104% above its 200-week average.
WTS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $355.0 | 0.6% above |
| 20 week MA | $359.3 | 0.6% below |
| 50 week MA | $325.8 | 9.6% above |
| 100 week MA | $282.9 | 26% above |
| 200 week MA | $236.1 | 51% above |
WTS has the edge over RKLB on trend strength, trading above more of its moving averages.
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.
WTS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $99.8 | $120.9 | +21% |
| 2021 | $120.9 | $188.7 | +56% |
| 2022 | $188.7 | $146.9 | -22% |
| 2023 | $146.9 | $208.3 | +42% |
| 2024 | $208.3 | $203.7 | -2.2% |
| 2025 | $203.7 | $284.3 | +40% |
| 2026 YTD | $284.3 | $357.2 | +26% |
WTS has the edge over RKLB on returns for 2026, with the stronger performance.