BA
The Boeing Company
BA has the edge over CVLG overall, supported by stronger valuation and stronger fundamentals.
CVLG
Covenant Logistics Group, Inc.
CVLG has lower modeled downside risk, despite its lower overall score.
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.
CVLG Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Stable |
CVLG's revenue is currently healthy, and its profitability and balance sheet 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 CVLG in the historical PE scenario, which offers more potential upside but is not a forecast.
CVLG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.9x | $1.24 | -96% |
| Forward | 13x | $32.82 | — |
| Fair | 16x | $3.45 | -90% |
| Expensive | 82x | $17.22 | -48% |
| Current | 156x | $32.82 | — |
Historical ranges are pointers, not guarantees.
CVLG's PE is in its expensive range at 156x. If earnings grow as analysts expect, today's price would be 13x next year's earnings, in its fair range.
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.
CVLG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for CVLG, with profitability improving.
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 CVLG on earnings, with more consistent year-over-year improvement.
CVLG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.56 | +1120% |
| Q3 2026 | $0.21 | -82% |
| Q2 2026 | $0.16 | -88% |
| Q1 2026 | $0.20 | -86% |
| Q4 2025 | $0.27 | -79% |
| Q3 2025 | $1.19 | -21% |
| Q2 2025 | $1.31 | -14% |
| Q1 2025 | $1.40 | -9.1% |
| Q4 2024 | $1.30 | -35% |
CVLG's earnings per share have fallen from their peak: $0.21 over the past year, against $3.65 in late 2022.
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 CVLG 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.
CVLG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $353.9M | +19% |
| Q2 2026 | $332.9M | +9.9% |
| Q1 2026 | $307.2M | +14% |
| Q4 2025 | $295.4M | +6.5% |
| Q3 2025 | $296.9M | +3.1% |
| Q2 2025 | $302.9M | +5.3% |
| Q1 2025 | $269.4M | -3.4% |
| Q4 2024 | $277.3M | +1.2% |
CVLG's revenue has grown year over year for six quarters in a row: $354M last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.5% | +0.9 points |
| Q2 2026 | 2.7% | -1.2 points |
| Q1 2026 | 2% | -0.8 points |
| Q4 2025 | -8.2% | -11 points |
| Q3 2025 | 2.7% | -3 points |
| Q2 2025 | 3.8% | -1.6 points |
| Q1 2025 | 2.8% | +1.3 points |
| Q4 2024 | 3.1% | -2.1 points |
CVLG 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 CVLG on cash generation, producing positive trailing cash flow while its opponent burns cash.
CVLG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$7.1M | +$687K |
| Q2 2026 | -$44.7M | -$30.1M |
| Q1 2026 | $17.6M | +$26.2M |
| Q4 2025 | -$3M | -742% |
| Q3 2025 | -$7.8M | -132% |
| Q2 2025 | -$14.5M | +$13.6M |
| Q1 2025 | -$8.6M | +$18.1M |
| Q4 2024 | $464K | +$74.2M |
CVLG has burned cash in six of the last eight quarters: −$37M over the past year, against −$30M 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 | — |
CVLG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +14K shares |
| 1 year | +1.1% | +302K shares |
| 3 years | -2.8% | -755K shares |
| 5 years | -22% | -7.3M shares |
| Available history | -29% | -10.7M shares |
CVLG has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q4 2025 | $7,000 |
| Q3 2025 | $1M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | $58,000 |
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.
CVLG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.9x | Moderate |
| Q2 2026 | 3.1x | Elevated |
| Q1 2026 | 2.5x | Moderate |
| Q4 2025 | 3.1x | Elevated |
| Q3 2025 | 2.1x | Moderate |
| Q2 2025 | 2.0x | Moderate |
| Q1 2025 | 1.6x | Healthy |
| Q4 2024 | 1.6x | Healthy |
CVLG 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).
CVLG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.2 | Neutral |
| Stochastic | 35.2 | Neutral |
CVLG's weekly RSI is 47 (neutral) and its Stochastic is 35 (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 CVLG on valuation relative to its sector.
CVLG PE vs Industrials Sector
| Metric | CVLG | Sector median | Relative |
|---|---|---|---|
| PE | 156x | 24x | 549% above |
| PE % | 90 | 58 | 32 pts above |
CVLG is trading at 156x earnings, a 549% premium to 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.
CVLG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $31.7 | 3.6% above |
| 20 week MA | $35.9 | 8.5% below |
| 50 week MA | $32.6 | 0.8% above |
| 100 week MA | $27.9 | 18% above |
| 200 week MA | $25.4 | 29% above |
CVLG 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.
CVLG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.45 | $7.70 | +19% |
| 2021 | $7.70 | $12.0 | +56% |
| 2022 | $12.0 | $18.0 | +49% |
| 2023 | $18.0 | $23.0 | +28% |
| 2024 | $23.0 | $27.3 | +19% |
| 2025 | $27.3 | $22.4 | -18% |
| 2026 YTD | $22.4 | $32.8 | +46% |
CVLG has the edge over BA on returns for 2026, with the stronger performance.