BA
The Boeing Company
BA has lower modeled downside risk, despite its lower overall score.
BW
Babcock & Wilcox Enterprises, Inc.
BW has a slight edge over BA overall, supported by stronger modeled upside.
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.
BW Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Weak | |
| Strong |
BW's revenue and balance sheet are currently strong, and its profitability is stable, but its cash flow is weak.
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.
BW PE Valuation
BW has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 12x next year's earnings.
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.
BW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect BW to return to profit, with revenue growing.
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 BW on earnings quality, reporting a profit while its opponent remains loss making.
BW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.40 | — |
| Q3 2026 | -$0.40 | +$0.92 |
| Q2 2026 | -$0.12 | +$1.60 |
| Q1 2026 | -$0.82 | +$0.03 |
| Q4 2025 | -$0.48 | +$0.34 |
| Q3 2025 | -$1.32 | -$0.48 |
| Q2 2025 | -$1.72 | +$0.37 |
| Q1 2025 | -$0.85 | +$1.58 |
| Q4 2024 | -$0.82 | +$1.56 |
BW is still losing money, but far less than before: $0.40 per share over the past year, against $2.43 at its worst in early 2024.
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 BW 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.
BW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $290.8M | +95% |
| Q2 2026 | $319.7M | +122% |
| Q1 2026 | $214.4M | +18% |
| Q4 2025 | $138.8M | +109% |
| Q3 2025 | $149M | -29% |
| Q2 2025 | $144.1M | -38% |
| Q1 2025 | $181.2M | -13% |
| Q4 2024 | $66.3M | -71% |
BW's revenue has grown year over year for four quarters in a row: $291M last quarter, up 95% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.7% | +0.4 points |
| Q2 2026 | 3.7% | -2 points |
| Q1 2026 | -0.8% | -4 points |
| Q4 2025 | 4.2% | +34 points |
| Q3 2025 | 4.4% | +5.1 points |
| Q2 2025 | 5.6% | -12 points |
| Q1 2025 | 3.2% | +1.1 points |
| Q4 2024 | -30% | -30 points |
BW 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 BW on cash generation, producing positive trailing cash flow while its opponent burns cash.
BW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$135.5M | -$97.9M |
| Q2 2026 | -$24M | +$4M |
| Q1 2026 | $10.7M | +$23.5M |
| Q4 2025 | -$7.2M | +$16.4M |
| Q3 2025 | -$37.6M | +$34.2M |
| Q2 2025 | -$28.1M | -$11.8M |
| Q1 2025 | -$12.8M | +$5.5M |
| Q4 2024 | -$23.6M | -363% |
BW has burned cash in most quarters: −$156M over the past year, against −$102M 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 the edge over BW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
BW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.7% | +4.2M shares |
| 1 year | +61% | +60M shares |
| 3 years | +79% | +70M shares |
| 5 years | +82% | +71.7M shares |
| Available history | +242% | +112M shares |
BW has 159M diluted shares, up 61% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $37.9M |
| Q4 2025 | — |
| Q3 2025 | $386,000 |
| Q4 2024 | $62,000 |
| Q3 2024 | $258,000 |
| Q2 2024 | $16,000 |
| Q1 2024 | — |
| Q4 2023 | $13,000 |
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.
BW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.8x | Net Cash |
| Q2 2026 | -9.4x | Net Cash |
| Q1 2026 | -3.7x | Net Cash |
| Q4 2025 | -2.5x | Net Cash |
| Q3 2025 | -2.3x | Net Cash |
| Q2 2025 | -5.4x | Net Cash |
| Q1 2025 | 5.1x | High |
| Q4 2024 | 7.5x | High |
BW 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).
BW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.8 | Neutral |
| Stochastic | 8.3 | Oversold |
BW's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
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.
BW PE vs Industrials Sector
| Metric | BW | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
BW has no meaningful PE right now: it lost money over the past year.
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.
BW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.82 | 0.8% above |
| 20 week MA | $7.42 | 35% below |
| 50 week MA | $10.4 | 53% below |
| 100 week MA | $6.13 | 21% below |
| 200 week MA | $4.63 | 5% above |
BW 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.
BW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.59 | $3.42 | -4.7% |
| 2021 | $3.42 | $9.25 | +170% |
| 2022 | $9.25 | $5.17 | -44% |
| 2023 | $5.17 | $1.46 | -72% |
| 2024 | $1.46 | $1.70 | +16% |
| 2025 | $1.70 | $5.25 | +209% |
| 2026 YTD | $5.25 | $4.86 | -7.4% |
BW has the edge over BA on returns for 2026, with the stronger performance.