BA
The Boeing Company
BA has the edge over BBSI overall, supported by stronger valuation and stronger fundamentals.
BBSI
Barrett Business Services, Inc.
BBSI's outlook is improving despite an expensive 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.
BBSI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Under pressure | |
| Strong |
BBSI's balance sheet is currently strong, and its revenue and profitability are stable, but its cash flow 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 BBSI in the historical PE scenario, which offers more potential upside but is not a forecast.
BBSI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 13x | $16.58 | -47% |
| Fair | 17x | $20.68 | -33% |
| Forward | 19x | $31.03 | — |
| Expensive | 22x | $27.75 | -11% |
| Current | 25x | $31.03 | — |
Historical ranges are pointers, not guarantees.
BBSI's PE is in its expensive range at 25x. If earnings grow as analysts expect, today's price would be 19x next year's earnings, in its fair range.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
BA has the edge over BBSI on the outlook, with more favorable profitability expectations.
BBSI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for BBSI, with profitability holding steady. However, they disagree widely on these estimates.
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.
BBSI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.62 | +29% |
| Q3 2026 | $1.25 | -40% |
| Q2 2026 | $1.35 | -33% |
| Q1 2026 | $1.53 | -22% |
| Q4 2025 | $2.08 | +5.1% |
| Q3 2025 | $2.08 | +11% |
| Q2 2025 | $2.02 | +12% |
| Q1 2025 | $1.95 | +7.7% |
| Q4 2024 | $1.98 | +7% |
BBSI 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'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.
BBSI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $334.1M | +4.7% |
| Q2 2026 | $319.3M | +3.8% |
| Q1 2026 | $307M | +4.9% |
| Q4 2025 | $321.1M | +5.3% |
| Q3 2025 | $318.9M | +8.4% |
| Q2 2025 | $307.7M | +10% |
| Q1 2025 | $292.6M | +10% |
| Q4 2024 | $304.8M | +10% |
BBSI's revenue has grown year over year for 12 quarters in a row: $334M last quarter, up 4.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.4% | -1.4 points |
| Q2 2026 | 4.8% | -2.7 points |
| Q1 2026 | -2.1% | -0.7 points |
| Q4 2025 | 5.8% | -1 points |
| Q3 2025 | 7.8% | -0.2 points |
| Q2 2025 | 7.5% | +0.2 points |
| Q1 2025 | -1.4% | +0.3 points |
| Q4 2024 | 6.8% | +0.2 points |
BBSI 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 BBSI on cash flow, with more consistent year-over-year improvement.
BBSI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.6M | -37% |
| Q2 2026 | -$61.4M | -$3.2M |
| Q1 2026 | -$27.8M | -4089% |
| Q4 2025 | $70.6M | +41% |
| Q3 2025 | $34.1M | +$38.3M |
| Q2 2025 | -$58.2M | -$2M |
| Q1 2025 | $697K | -89% |
| Q4 2024 | $50.2M | -6.2% |
BBSI still generates free cash flow, though less than at its 2025 peak: $3M over the past year.
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 | — |
BBSI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -289K shares |
| 1 year | -6.7% | -1.8M shares |
| 3 years | -10% | -2.8M shares |
| 5 years | -20% | -6M shares |
| Available history | -21% | -6.4M shares |
BBSI has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $9.1M |
| Q2 2026 | $15.2M |
| Q1 2026 | $20.3M |
| Q4 2025 | $17.1M |
| Q3 2025 | $7.5M |
| Q2 2025 | $8.1M |
| Q1 2025 | $9.2M |
| Q4 2024 | $7M |
BBSI spent $62M buying back its own shares over the past year, up 94% 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's net debt is about 3.0 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
BBSI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -1.4x | Net Cash |
| Q3 2025 | -0.7x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | -0.8x | Net Cash |
BBSI has the edge over BA on leverage, with a lower net debt burden relative to earnings.
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).
BBSI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.7 | Neutral |
| Stochastic | 20.9 | Neutral |
BBSI's weekly RSI is 44 (neutral) and its Stochastic is 21 (neutral).
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 BBSI on valuation relative to its sector.
BBSI PE vs Industrials Sector
| Metric | BBSI | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 24x | 3.1% above |
| PE % | 98 | 58 | 40 pts above |
BBSI is trading at 25x earnings, in line with the Industrials sector's median of 24x.
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.
BBSI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $31.6 | 1.7% below |
| 20 week MA | $34.0 | 8.8% below |
| 50 week MA | $33.3 | 6.9% below |
| 100 week MA | $37.8 | 18% below |
| 200 week MA | $33.2 | 6.5% below |
BBSI is in a downtrend: it's below all five of its weekly moving averages, and 6.5% below its 200-week average.
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.
BBSI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.5 | $17.3 | -23% |
| 2021 | $17.3 | $17.3 | +0.1% |
| 2022 | $17.3 | $23.6 | +36% |
| 2023 | $23.6 | $29.0 | +23% |
| 2024 | $29.0 | $43.4 | +50% |
| 2025 | $43.4 | $36.2 | -16% |
| 2026 YTD | $36.2 | $31.0 | -14% |
BBSI has the edge over BA on returns for 2026, with the stronger performance.