AP
Ampco-Pittsburgh Corporation
AP offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
BA
The Boeing Company
BA has the edge over AP overall, supported by stronger fundamentals and lower modeled downside.
AP Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Stable | |
| Weak |
AP's revenue and cash flow are currently stable, but its profitability and balance sheet are weak.
BA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Under pressure |
BA's profitability is currently healthy, and its revenue and cash flow are stable, but its balance sheet is under pressure.
AP PE Valuation
AP has no meaningful PE right now: it lost money over the past year.
BA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $172 | — |
| Cheap | 51x | $496 | +189% |
| Fair | 82x | $790 | +360% |
| Expensive | 91x | $876 | +411% |
Historical ranges are pointers, not guarantees.
BA's PE is 18x, but its earnings don't support one, so it isn't a reliable read right now.
AP Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Stable | |
| Weakening | |
| Limited | |
| High |
Analysts expect AP's earnings and profitability to decline, with its revenue holding steady.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
BA has the edge over AP on the outlook, with more favorable earnings and revenue expectations.
AP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.25 | — |
| Q3 2026 | -$2.82 | -$2.57 |
| Q2 2026 | -$2.95 | -$2.71 |
| Q1 2026 | -$3.38 | -1636% |
| Q4 2025 | -$3.28 | -16500% |
| Q3 2025 | -$0.25 | +$2.02 |
| Q2 2025 | -$0.24 | +$1.89 |
| Q1 2025 | $0.22 | +$2.43 |
| Q4 2024 | $0.02 | +$2.06 |
AP lost $2.82 per share over the past year, a bigger loss than the year before.
BA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $9.66 | +$23.38 |
| Q2 2026 | $2.78 | +$19.33 |
| Q1 2026 | $2.53 | +$20.49 |
| Q4 2025 | $2.48 | +$20.84 |
| Q3 2025 | -$13.72 | -$0.83 |
| Q2 2025 | -$16.55 | -$10.93 |
| Q1 2025 | -$17.96 | -$14.42 |
| Q4 2024 | -$18.36 | -$14.69 |
BA has the edge over AP on earnings quality, reporting a profit while its opponent remains loss making.
AP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $111.7M | +3.4% |
| Q2 2026 | $102.9M | -9% |
| Q1 2026 | $108.3M | +3.9% |
| Q4 2025 | $108.8M | +7.8% |
| Q3 2025 | $108M | +12% |
| Q2 2025 | $113.1M | +1.9% |
| Q1 2025 | $104.3M | -5.4% |
| Q4 2024 | $100.9M | -6.6% |
AP's revenue grew through 2023 and has held roughly level since: $112M last quarter, up 3.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.1% | +3.1 points |
| Q2 2026 | 4.9% | +7.7 points |
| Q1 2026 | 2.4% | -1.3 points |
| Q4 2025 | -52% | -57 points |
| Q3 2025 | 1% | -0.9 points |
| Q2 2025 | -2.7% | -7.3 points |
| Q1 2025 | 3.7% | +3.6 points |
| Q4 2024 | 5.1% | +44 points |
AP has the edge over BA on profitability, with a higher operating margin.
BA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $24.2B | +3.9% |
| Q2 2026 | $24.6B | +8% |
| Q1 2026 | $22.2B | +14% |
| Q4 2025 | $23.9B | +57% |
| Q3 2025 | $23.3B | +30% |
| Q2 2025 | $22.7B | +35% |
| Q1 2025 | $19.5B | +18% |
| Q4 2024 | $15.2B | -31% |
BA has the edge over AP on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.5% | +22 points |
| Q2 2026 | 0.6% | +1.4 points |
| Q1 2026 | 2% | -0.3 points |
| Q4 2025 | 37% | +61 points |
| Q3 2025 | -21% | +12 points |
| Q2 2025 | -0.8% | +5.7 points |
| Q1 2025 | 2.4% | +2.9 points |
| Q4 2024 | -25% | -26 points |
BA's operating margin was 1.5% last quarter, up 22 points from the same quarter a year ago.
AP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $19.1M | +483% |
| Q2 2026 | -$5.5M | -$1.7M |
| Q1 2026 | -$1.7M | +$5.7M |
| Q4 2025 | -$64K | -102% |
| Q3 2025 | $3.3M | -61% |
| Q2 2025 | -$3.8M | +$4.2M |
| Q1 2025 | -$7.5M | -541% |
| Q4 2024 | $3.7M | +1032% |
AP's free cash flow has turned positive again: $12M over the past year, against −$4M the year before.
BA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $464M | +95% |
| Q2 2026 | $631M | +$831M |
| Q1 2026 | -$1.5B | +$836M |
| Q4 2025 | $375M | +$4.5B |
| Q3 2025 | $238M | +$2.2B |
| Q2 2025 | -$200M | +$4.1B |
| Q1 2025 | -$2.3B | +$1.6B |
| Q4 2024 | -$4.1B | -239% |
BA has the edge over AP on cash flow, with more consistent year-over-year improvement.
AP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.9% | +197K shares |
| 1 year | +7% | +1.4M shares |
| 3 years | +11% | +2.2M shares |
| 5 years | +50% | +7.2M shares |
AP has 22M diluted shares, up 7% from a year ago.
BA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +2.1M shares |
| 1 year | +4.3% | +32.8M shares |
| 3 years | +31% | +186M shares |
| 5 years | +35% | +204M shares |
| Available history | +40% | +227M shares |
BA has the edge over AP on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
AP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 4.2x | High |
| Q2 2025 | 4.6x | High |
| Q1 2025 | 3.5x | Elevated |
| Q4 2024 | 3.7x | Elevated |
| Q3 2023 | 4.6x | High |
| Q2 2023 | 4.7x | High |
| Q1 2023 | 5.0x | High |
| Q4 2022 | 4.8x | High |
AP's net debt is about 4.2 years of its operating earnings (EBITDA), down from 4.6 years a year ago.
BA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.0x | Elevated |
| Q2 2026 | 5.7x | High |
| Q1 2026 | 6.0x | High |
| Q4 2025 | 6.9x | High |
| Q2 2024 | 361.8x | High |
| Q1 2024 | 36.1x | High |
| Q4 2023 | 36.4x | High |
| Q3 2023 | 96.1x | High |
BA's net debt is about 3.0 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
AP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.2 | Neutral |
| Stochastic | 18.1 | Oversold |
AP's weekly RSI is 47 (neutral) and its Stochastic is 18 (oversold).
BA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.1 | Neutral |
| Stochastic | 9.6 | Oversold |
BA's weekly RSI is 31 (neutral) and its Stochastic is 10 (oversold).
AP PE vs Industrials Sector
| Metric | AP | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
AP has no meaningful PE right now: it lost money over the past year.
BA PE vs Industrials Sector
| Metric | BA | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 26% below |
| PE % | 0 | 58 | 58 pts below |
BA is trading at 18x earnings, a 26% discount to the Industrials sector's median of 24x, though its earnings don't support one.
AP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.12 | 5.5% below |
| 20 week MA | $8.29 | 7.5% below |
| 50 week MA | $8.06 | 4.8% below |
| 100 week MA | $5.29 | 45% above |
| 200 week MA | $3.86 | 99% above |
AP has the edge over BA on trend strength, trading above more of its moving averages.
BA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $184.6 | 7.1% below |
| 20 week MA | $203.8 | 16% below |
| 50 week MA | $215.5 | 20% below |
| 100 week MA | $205.9 | 17% below |
| 200 week MA | $200.6 | 14% below |
BA is in a downtrend: it's below all five of its weekly moving averages, and 14% below its 200-week average.
AP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.95 | $5.82 | +97% |
| 2021 | $5.82 | $4.65 | -20% |
| 2022 | $4.65 | $2.68 | -42% |
| 2023 | $2.68 | $2.73 | +1.9% |
| 2024 | $2.73 | $2.06 | -25% |
| 2025 | $2.06 | $4.65 | +126% |
| 2026 YTD | $4.65 | $7.67 | +65% |
AP has the edge over BA on returns for 2026, with the stronger performance.
BA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $330.1 | $217.2 | -34% |
| 2021 | $217.2 | $204.2 | -6% |
| 2022 | $204.2 | $189.1 | -7.4% |
| 2023 | $189.1 | $260.7 | +38% |
| 2024 | $260.7 | $180.7 | -31% |
| 2025 | $180.7 | $216.4 | +20% |
| 2026 YTD | $216.4 | $171.6 | -21% |
BA has finished lower in four of the last six years. It's down 21% so far in 2026.