ATRO
Astronics Corporation
ATRO has the edge over BA overall, supported by stronger modeled upside and stronger valuation.
BA
The Boeing Company
BA's outlook is improving, though it still trails on the overall score.
ATRO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Healthy | |
| Healthy |
ATRO's revenue, profitability, cash flow and balance sheet are all currently healthy.
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.
ATRO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.7x | $25.97 | -57% |
| Current | 20x | $60.31 | — |
| Fair | 41x | $121 | +101% |
| Expensive | 84x | $251 | +316% |
Historical ranges are pointers, not guarantees.
ATRO's PE is in its fair range at 20x.
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 ATRO in the historical PE scenario, which offers more potential upside but is not a forecast.
ATRO Forward outlook
There aren't enough analyst estimates for ATRO to show an outlook.
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.
ATRO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $2.99 | +$3.06 |
| Q2 2026 | $1.66 | +$1.76 |
| Q1 2026 | $0.94 | +$1.04 |
| Q4 2025 | $0.61 | +$0.99 |
| Q3 2025 | -$0.07 | +$0.08 |
| Q2 2025 | -$0.10 | +$0.19 |
| Q1 2025 | -$0.10 | +$0.51 |
| Q4 2024 | -$0.38 | +$0.27 |
ATRO 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.
ATRO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $271.7M | +28% |
| Q2 2026 | $260M | +27% |
| Q1 2026 | $230.6M | +12% |
| Q4 2025 | $240.1M | +15% |
| Q3 2025 | $211.4M | +3.8% |
| Q2 2025 | $204.7M | +3.3% |
| Q1 2025 | $205.9M | +11% |
| Q4 2024 | $208.5M | +6.8% |
ATRO's revenue has grown year over year for 21 quarters in a row: $272M last quarter, up 28% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +9 points |
| Q2 2026 | 16% | +13 points |
| Q1 2026 | 12% | +5.4 points |
| Q4 2025 | 15% | +11 points |
| Q3 2025 | 11% | +6.8 points |
| Q2 2025 | 2.3% | -1.5 points |
| Q1 2025 | 6.4% | +5.5 points |
| Q4 2024 | 4.3% | +0.3 points |
ATRO 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's revenue has grown year over year for seven quarters in a row: $24.2B last quarter, up 3.9% from the same quarter a year ago.
| 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.
ATRO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.6M | +3% |
| Q2 2026 | $24.4M | +$36.6M |
| Q1 2026 | -$554K | -103% |
| Q4 2025 | $15.8M | -32% |
| Q3 2025 | $21M | +222% |
| Q2 2025 | -$12.2M | -$4.2M |
| Q1 2025 | $18.5M | +4123% |
| Q4 2024 | $23.2M | +$26.5M |
ATRO generated $61M in free cash flow over the past year, up 21% 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 has the edge over ATRO on cash flow, with more consistent year-over-year improvement.
ATRO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.3% | +2M shares |
| 1 year | +9.3% | +4.1M shares |
| 3 years | +17% | +7.2M shares |
| 5 years | +25% | +9.7M shares |
| Available history | +19% | +7.9M shares |
ATRO has 49M diluted shares, up 9.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | $7.7M |
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 ATRO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
ATRO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.5x | Healthy |
| Q2 2026 | 2.0x | Moderate |
| Q1 2026 | 2.9x | Moderate |
| Q4 2025 | 3.2x | Elevated |
| Q3 2025 | 4.5x | High |
| Q2 2025 | 2.5x | Moderate |
| Q1 2025 | 2.2x | Moderate |
| Q4 2024 | 3.1x | Elevated |
ATRO 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.
ATRO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.4 | Neutral |
| Stochastic | 11.4 | Oversold |
ATRO's weekly RSI is 45 (neutral) and its Stochastic is 11 (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).
ATRO PE vs Industrials Sector
| Metric | ATRO | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 24x | 16% below |
| PE % | 38 | 58 | 20 pts below |
ATRO is trading at 20x earnings, a 16% 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 ATRO on valuation relative to its sector.
ATRO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.9 | 2.6% below |
| 20 week MA | $69.3 | 13% below |
| 50 week MA | $63.1 | 4.5% below |
| 100 week MA | $44.1 | 37% above |
| 200 week MA | $29.0 | 108% above |
ATRO 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.
ATRO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.5 | $10.4 | -54% |
| 2021 | $10.4 | $9.34 | -11% |
| 2022 | $9.34 | $7.57 | -19% |
| 2023 | $7.57 | $13.9 | +84% |
| 2024 | $13.9 | $12.8 | -8% |
| 2025 | $12.8 | $44.2 | +246% |
| 2026 YTD | $44.2 | $60.3 | +36% |
ATRO 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.