Intuitive Machines, Inc. (LUNR) vs Redwire Corporation (RDW)

Intuitive Machines, Inc. and Redwire Corporation are both Aerospace & Defense companies. Intuitive Machines, Inc. is the larger, with a market value of $3.7B against $3.0B — 1.2× the size. Intuitive Machines, Inc. grew revenue faster over the last twelve months: 116.9% against 63.1%. Intuitive Machines, Inc. has the higher net margin (−26.8% vs −60.7%) and the higher return on invested capital (0.00% vs −12.0%). Across the 16 metrics below, Intuitive Machines, Inc. leads on 10 and Redwire Corporation on 6.

Valuation

Metric LUNR RDW Aerospace & Defense median
P/E n/m n/m 33.00
P/S 5.17 6.01 3.63
P/B n/m 1.57 3.24
Price to free cash flow n/m n/m 34.01
EV/EBITDA n/m n/m 18.69
EV/Sales 5.08 4.82 3.94
Earnings yield (6.09%) (12.56%) 1.31%
Free cash flow yield (7.42%) (4.14%) 0.00%

Profitability

Metric LUNR RDW Aerospace & Defense median
Gross margin 16.35% 20.10% 25.48%
Operating margin (27.51%) (50.50%) 4.54%
Net margin (26.77%) (60.67%) 2.22%
Free cash flow margin (38.31%) (24.86%) 0.00%
Return on equity 39.21% (20.38%) 6.43%
Return on assets (11.10%) (14.99%) 2.70%
Return on invested capital 0.00% (12.00%) 1.56%

Growth

Metric LUNR RDW Aerospace & Defense median
Revenue growth (TTM) 116.89% 63.10% 18.43%
EPS growth (last fiscal year) 84.23% 2.98% —
Revenue growth, 5-year CAGR — 42.32% 9.62%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric LUNR RDW Aerospace & Defense median
Debt to equity (1.16) 0.03 0.24
Current ratio 1.66 3.92 2.72
Net debt to EBITDA 3.02 0.04 1.12

Dividend

Metric LUNR RDW Aerospace & Defense median
Dividend yield — — 1.04%
Payout ratio — 0.00 0.00

Size

Metric LUNR RDW Aerospace & Defense median
Market cap 3.66b 2.96b 2.52b

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