BA
The Boeing Company
BA offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
BAH
Booz Allen Hamilton Holding Corporation
BAH has the edge over BA overall, supported by stronger valuation.
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.
BAH Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Under pressure |
BAH's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is under pressure.
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 BAH in the historical PE scenario, which offers more potential upside but is not a forecast.
BAH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 13x | $86.44 | — |
| Cheap | 14x | $87.45 | +1.2% |
| Forward | 14x | $86.44 | — |
| Fair | 23x | $146 | +69% |
| Expensive | 34x | $218 | +152% |
Historical ranges are pointers, not guarantees.
BAH's PE is in its cheap range at 13x. On analysts' estimates for next year's earnings, today's price would be 14x.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
BA has the edge over BAH on the outlook, with more favorable revenue and profitability expectations.
BAH Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Stable | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect BAH's earnings to grow, with its revenue and profitability holding steady.
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.
BAH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.39 | -0.9% |
| Q3 2026 | $6.45 | -1.5% |
| Q2 2026 | $6.37 | -22% |
| Q1 2026 | $6.90 | -4.8% |
| Q4 2025 | $6.73 | +0.4% |
| Q3 2025 | $6.55 | +3% |
| Q2 2025 | $8.14 | +75% |
| Q1 2025 | $7.25 | +58% |
| Q4 2024 | $6.70 | +115% |
BAH has the edge over BA on earnings, with more consistent year-over-year improvement.
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 BAH 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.
BAH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.8B | -3.9% |
| Q2 2026 | $2.8B | -4.2% |
| Q1 2026 | $2.8B | -6.4% |
| Q4 2025 | $2.6B | -10% |
| Q3 2025 | $2.9B | -8.1% |
| Q2 2025 | $2.9B | -0.6% |
| Q1 2025 | $3B | +7.3% |
| Q4 2024 | $2.9B | +14% |
BAH's revenue is shrinking: $2.8B last quarter, down 3.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.8% | -1 points |
| Q2 2026 | 10% | +1.2 points |
| Q1 2026 | 9.4% | +0.2 points |
| Q4 2025 | 8.8% | -1.2 points |
| Q3 2025 | 9.8% | -7.7 points |
| Q2 2025 | 8.8% | +0.1 points |
| Q1 2025 | 9.2% | -0.3 points |
| Q4 2024 | 10% | +0.3 points |
BAH has the edge over BA on profitability, with a higher operating margin.
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 BAH on cash flow, with more consistent year-over-year improvement.
BAH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $263M | -33% |
| Q2 2026 | $261M | +172% |
| Q1 2026 | $212M | +9% |
| Q4 2025 | $248M | +86% |
| Q3 2025 | $395M | -30% |
| Q2 2025 | $96M | +388% |
| Q1 2025 | $194.4M | +52% |
| Q4 2024 | $133.6M | -37% |
BAH generated $984M in free cash flow over the past year, up 20% 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 | — |
BAH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -594K shares |
| 1 year | -2.7% | -3.3M shares |
| 3 years | -8.8% | -11.5M shares |
| 5 years | -11% | -14.3M shares |
| Available history | -15% | -20.6M shares |
BAH has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $98M |
| Q2 2026 | $72M |
| Q1 2026 | $77M |
| Q4 2025 | $126M |
| Q3 2025 | $214M |
| Q2 2025 | $181M |
| Q1 2025 | $314.9M |
| Q4 2024 | $148.5M |
BAH spent $373M buying back its own shares over the past year, down 57% from the year before.
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 has the edge over BAH on leverage, with a lower net debt burden relative to earnings.
BAH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.4x | Elevated |
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 2.7x | Moderate |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 2.5x | Moderate |
| Q2 2025 | 2.1x | Moderate |
| Q1 2025 | 2.0x | Moderate |
| Q4 2024 | 1.9x | Healthy |
BAH's net debt is about 3.4 years of its operating earnings (EBITDA), up from 2.5 years a year ago.
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).
BAH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.5 | Neutral |
| Stochastic | 83.1 | Overbought |
BAH's weekly RSI is 60 (neutral) and its Stochastic is 83 (overbought).
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.
BAH PE vs Industrials Sector
| Metric | BAH | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 24x | 44% below |
| PE % | 15 | 58 | 43 pts below |
BAH has the edge over BA on valuation relative to its sector.
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.
BAH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $78.4 | 10% above |
| 20 week MA | $74.6 | 16% above |
| 50 week MA | $79.0 | 9.5% above |
| 100 week MA | $94.3 | 8.3% below |
| 200 week MA | $112.1 | 23% below |
BAH has the edge over BA on trend strength, trading above more of its moving averages.
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.
BAH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $70.9 | $87.4 | +23% |
| 2021 | $87.4 | $83.0 | -5% |
| 2022 | $83.0 | $104.5 | +26% |
| 2023 | $104.5 | $127.9 | +22% |
| 2024 | $127.9 | $129.7 | +1.4% |
| 2025 | $129.7 | $85.4 | -34% |
| 2026 YTD | $85.4 | $86.4 | +1.2% |
BAH has the edge over BA on returns for 2026, with the stronger performance.