ATMU
Atmus Filtration Technologies Inc.
ATMU has the edge over BA overall, supported by lower modeled downside and stronger modeled upside.
BA
The Boeing Company
BA offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
ATMU Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Stable |
ATMU's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
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.
ATMU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 14x | $38.96 | -30% |
| Forward | 17x | $55.82 | — |
| Fair | 18x | $47.60 | -15% |
| Expensive | 21x | $55.50 | -0.6% |
| Current | 21x | $55.82 | — |
Historical ranges are pointers, not guarantees.
ATMU's PE is in its expensive range at 21x. If earnings grow as analysts expect, today's price would be 17x next year's earnings, in its fair range.
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 has the edge over ATMU in the historical PE scenario, which offers more potential upside but is not a forecast.
ATMU Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ATMU, with profitability improving.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect BA to return to profit, with revenue growing. However, they disagree widely on these estimates.
ATMU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.27 | +21% |
| Q3 2026 | $2.69 | +12% |
| Q2 2026 | $2.61 | +15% |
| Q1 2026 | $2.55 | +15% |
| Q4 2025 | $2.50 | +13% |
| Q3 2025 | $2.41 | +12% |
| Q2 2025 | $2.27 | +9.1% |
| Q1 2025 | $2.22 | +13% |
| Q4 2024 | $2.22 | +8.3% |
ATMU has the edge over BA on earnings, with more consistent year-over-year improvement.
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 returned to profit: it earned $9.66 per share over the past year, after losing money the year before.
ATMU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $510M | +14% |
| Q2 2026 | $527.9M | +16% |
| Q1 2026 | $477.5M | +15% |
| Q4 2025 | $446.6M | +9.8% |
| Q3 2025 | $447.7M | +11% |
| Q2 2025 | $453.5M | +4.8% |
| Q1 2025 | $416.5M | -2.4% |
| Q4 2024 | $406.7M | +1.8% |
ATMU's revenue has grown year over year for six quarters in a row: $510M last quarter, up 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 18% | -0.5 points |
| Q2 2026 | 18% | +0.4 points |
| Q1 2026 | 16% | +0.4 points |
| Q4 2025 | 16% | +2.4 points |
| Q3 2025 | 18% | +2.6 points |
| Q2 2025 | 18% | -0.4 points |
| Q1 2025 | 16% | -0.5 points |
| Q4 2024 | 13% | -0.6 points |
ATMU 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 ATMU on sales, with stronger typical year-over-year growth.
| 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.
ATMU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $87.2M | +27% |
| Q2 2026 | $64.8M | +100% |
| Q1 2026 | $25.5M | +56% |
| Q4 2025 | $31.2M | +212% |
| Q3 2025 | $68.9M | +27% |
| Q2 2025 | $32.4M | +187% |
| Q1 2025 | $16.3M | +$35.1M |
| Q4 2024 | $10M | -61% |
ATMU generated $209M in free cash flow over the past year, up 64% from 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's free cash flow has turned positive after six years mostly in the red: $16M over the past year.
ATMU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -100K shares |
| 1 year | -1% | -800K shares |
| 3 years | -1.8% | -1.5M shares |
ATMU has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $20.1M |
| Q2 2026 | $13M |
| Q1 2026 | $7.3M |
| Q4 2025 | $900,000 |
| Q3 2025 | $29.7M |
| Q2 2025 | $20.1M |
| Q1 2025 | $10M |
| Q4 2024 | $10M |
ATMU spent $41M buying back its own shares over the past year, down 41% from the year before.
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 793M diluted shares, up 4.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
ATMU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.8x | Healthy |
| Q2 2026 | 2.0x | Moderate |
| Q1 2026 | 2.3x | Moderate |
| Q4 2025 | 1.0x | Healthy |
| Q3 2025 | 1.2x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.4x | Healthy |
ATMU has the edge over BA on leverage, with a lower net debt burden relative to earnings.
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.
ATMU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.9 | Neutral |
| Stochastic | 63.6 | Neutral |
ATMU's weekly RSI is 62 (neutral) and its Stochastic is 64 (neutral).
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).
ATMU PE vs Industrials Sector
| Metric | ATMU | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 24x | 14% below |
| PE % | 85 | 58 | 27 pts above |
ATMU is trading at 21x earnings, a 14% discount to the Industrials sector's median of 24x.
BA PE vs Industrials Sector
| Metric | BA | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 26% below |
| PE % | 0 | 58 | 58 pts below |
BA has the edge over ATMU on valuation relative to its sector.
ATMU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $46.8 | 19% above |
| 20 week MA | $48.4 | 15% above |
| 50 week MA | $52.9 | 5.5% above |
| 100 week MA | $46.6 | 20% above |
ATMU has stronger trend alignment. ATMU is above 4 of 4 weekly averages versus BA above 0 of 5.
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.
ATMU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2023 | $21.7 | $23.5 | +8.5% |
| 2024 | $23.5 | $38.7 | +65% |
| 2025 | $38.7 | $53.4 | +38% |
| 2026 YTD | $53.4 | $55.8 | +4.5% |
ATMU 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.