LUNR vs. BBAI

Last updated Jun 9, 2026

LUNR (Intuitive Machines Inc. ) and BBAI (BigBear.ai Holdings, Inc.) are both stocks. LUNR operates in Aerospace & Defense (Industrials), while BBAI operates in Information Technology Services (Technology). Over the past 3 years, LUNR returned 50.12%/yr vs 28.32%/yr for BBAI. At a 0.29 correlation, their price movements are largely independent.

Performance

LUNR vs. BBAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Intuitive Machines Inc. (LUNR) and BigBear.ai Holdings, Inc. (BBAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LUNR achieves a 83.21% return, which is significantly higher than BBAI's -20.19% return.

LUNR

• 1D: 1.28%
• 1M: 2.64%
• YTD: 83.21%
• 6M: 155.67%
• 1Y: 153.93%
• 3Y*: 50.12%
• 5Y*: —
• 10Y*: —

BBAI

• 1D: 2.62%
• 1M: 3.11%
• YTD: -20.19%
• 6M: -34.30%
• 1Y: 11.95%
• 3Y*: 28.32%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LUNR vs. BBAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
LUNR Intuitive Machines Inc.	83.21%	-10.63%	610.76%	-74.45%	3.73%	-0.52%
BBAI BigBear.ai Holdings, Inc.	-20.19%	21.35%	107.94%	217.65%	-88.10%	-35.09%

Correlation

The correlation between LUNR and BBAI is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (All Time) Calculated using the full available price history since Dec 20, 2021	0.29

Over the past year, LUNR and BBAI have become more correlated (0.57) than their long-term average of 0.29, meaning their price movements have been converging.

Fundamentals

Market Cap LUNR : $4.40T BBAI : $20.39B
EPS LUNR : -$0.00 BBAI : -$0.13
PS Ratio LUNR : 3.30K BBAI : 76.89
Total Revenue (TTM) LUNR : $334.27M BBAI : $127.35M
Gross Profit (TTM) LUNR : $85.92M BBAI : $32.81M
EBITDA (TTM) LUNR : -$96.76M BBAI : -$230.18M

Return for Risk

LUNR vs. BBAI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LUNR

LUNR Risk / Return Rank: 82
LUNR Sharpe Ratio Rank: 81
LUNR Sortino Ratio Rank: 81
LUNR Omega Ratio Rank: 77
LUNR Calmar Ratio Rank: 87
LUNR Martin Ratio Rank: 84

BBAI

BBAI Risk / Return Rank: 49
BBAI Sharpe Ratio Rank: 46
BBAI Sortino Ratio Rank: 55
BBAI Omega Ratio Rank: 51
BBAI Calmar Ratio Rank: 47
BBAI Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LUNR vs. BBAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Intuitive Machines Inc. (LUNR) and BigBear.ai Holdings, Inc. (BBAI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	LUNR	BBAI	Difference
Sharpe ratio: Return per unit of total volatility	1.42	0.12	+1.30
Sortino ratio: Return per unit of downside risk	2.32	1.00	+1.31
Omega ratio: Gain probability vs. loss probability	1.27	1.10	+0.17
Calmar ratio: Return relative to maximum drawdown	3.70	0.18	+3.52
Martin ratio: Return relative to average drawdown	7.75	0.31	+7.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LUNR vs. BBAI - Sharpe Ratio Comparison

The current LUNR Sharpe Ratio is 1.42, which is higher than the BBAI Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of LUNR and BBAI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LUNR	BBAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.42	0.12	+1.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	-0.08	+0.25

Drawdowns

LUNR vs. BBAI - Drawdown Comparison

The maximum LUNR drawdown since its inception was -97.43%, roughly equal to the maximum BBAI drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for LUNR and BBAI.

Drawdown Indicators

	LUNR	BBAI	Difference
Max Drawdown Largest peak-to-trough decline	-97.43%	-95.01%	-2.42%
Max Drawdown (1Y) Largest decline over 1 year	-41.88%	-65.88%	+24.00%
Max Drawdown (3Y) Largest decline over 3 years	-78.54%	-75.56%	-2.98%
Current Drawdown Current decline from peak	-63.73%	-66.04%	+2.31%
Average Drawdown Average peak-to-trough decline	-63.26%	-70.87%	+7.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.93%	38.69%	-18.76%

Volatility

LUNR vs. BBAI - Volatility Comparison

Intuitive Machines Inc. (LUNR) has a higher volatility of 44.37% compared to BigBear.ai Holdings, Inc. (BBAI) at 24.69%. This indicates that LUNR's price experiences larger fluctuations and is considered to be riskier than BBAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LUNR	BBAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	44.37%	24.69%	+19.68%
Volatility (6M) Calculated over the trailing 6-month period	90.79%	56.30%	+34.49%
Volatility (1Y) Calculated over the trailing 1-year period	109.27%	97.07%	+12.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	171.34%	174.91%	-3.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	171.34%	174.91%	-3.57%

Dividends

LUNR vs. BBAI - Dividend Comparison

Neither LUNR nor BBAI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both LUNR and BBAI in my portfolio?

LUNR and BBAI have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LUNR or BBAI?

LUNR has higher volatility (44.37%) compared to BBAI (24.69%). In terms of maximum drawdown, LUNR dropped -97.43% vs BBAI's -95.01%.

Which has better risk-adjusted returns?

LUNR currently has the higher Sharpe Ratio (1.42 vs 0.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.