BA
The Boeing Company
BA offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
DCO
Ducommun Incorporated
DCO has a slight edge over BA overall, supported by stronger modeled upside and lower modeled downside.
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.
DCO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Under pressure | |
| Healthy |
DCO's profitability and balance sheet are currently healthy, and its revenue is 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 DCO in the historical PE scenario, which offers more potential upside but is not a forecast.
DCO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.9x | $23.90 | -83% |
| Fair | 23x | $77.86 | -45% |
| Expensive | 36x | $122 | -14% |
| Current | 41x | $142 | — |
Historical ranges are pointers, not guarantees.
DCO's PE is in its expensive range at 41x.
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.
DCO Forward outlook
There aren't enough analyst estimates for DCO to show an outlook.
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.
DCO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $3.44 | +$5.78 |
| Q2 2026 | -$1.75 | -167% |
| Q1 2026 | -$2.24 | -196% |
| Q4 2025 | -$2.19 | -204% |
| Q3 2025 | -$2.34 | -218% |
| Q2 2025 | $2.63 | +72% |
| Q1 2025 | $2.33 | +97% |
| Q4 2024 | $2.10 | +84% |
DCO has returned to profit: it earned $3.44 per share over the past year, after losing money the year before.
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.
DCO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $227M | +6.8% |
| Q2 2026 | $224.5M | +11% |
| Q1 2026 | $209M | +7.7% |
| Q4 2025 | $217.1M | +10% |
| Q3 2025 | $212.6M | +5.5% |
| Q2 2025 | $202.3M | +2.7% |
| Q1 2025 | $194.1M | +1.7% |
| Q4 2024 | $197.3M | +2.6% |
DCO's revenue has grown year over year for 22 quarters in a row: $227M last quarter, up 6.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +49 points |
| Q2 2026 | 13% | +4.1 points |
| Q1 2026 | 7.5% | -1 points |
| Q4 2025 | 7.8% | +2.5 points |
| Q3 2025 | -38% | -45 points |
| Q2 2025 | 8.5% | +1.4 points |
| Q1 2025 | 8.5% | +1.9 points |
| Q4 2024 | 5.3% | +0.6 points |
DCO 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 DCO on cash generation, producing positive trailing cash flow while its opponent burns cash.
DCO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $26.9M | +68% |
| Q2 2026 | $30M | +65% |
| Q1 2026 | $8.3M | +$12.3M |
| Q4 2025 | -$78.8M | -640% |
| Q3 2025 | $16M | +34% |
| Q2 2025 | $18.1M | +12499% |
| Q1 2025 | -$4M | +$2.6M |
| Q4 2024 | $14.6M | -37% |
DCO's free cash flow was −$14M over the past year, against $45M 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 | — |
DCO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +4K shares |
| 1 year | +3.9% | +581K shares |
| 3 years | +5% | +745K shares |
| 5 years | +27% | +3.3M shares |
| Available history | +32% | +3.8M shares |
DCO has the edge over BA on shareholder dilution, with a more favorable share count trend.
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.
DCO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.8x | Healthy |
| Q2 2026 | 16.4x | High |
| Q1 2026 | 87.2x | High |
| Q4 2025 | 61.3x | High |
| Q2 2025 | 2.1x | Moderate |
| Q1 2025 | 2.4x | Moderate |
| Q4 2024 | 2.4x | Moderate |
| Q3 2024 | 2.6x | Moderate |
DCO 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).
DCO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.8 | Neutral |
| Stochastic | 13.6 | Oversold |
DCO's weekly RSI is 42 (neutral) and its Stochastic is 14 (oversold).
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 DCO on valuation relative to its sector.
DCO PE vs Industrials Sector
| Metric | DCO | Sector median | Relative |
|---|---|---|---|
| PE | 41x | 24x | 72% above |
| PE % | 89 | 58 | 31 pts above |
DCO is trading at 41x earnings, a 72% 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.
DCO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $160.5 | 11% below |
| 20 week MA | $172.0 | 17% below |
| 50 week MA | $145.4 | 2% below |
| 100 week MA | $110.9 | 28% above |
| 200 week MA | $82.1 | 73% above |
DCO 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.
DCO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $50.4 | $53.4 | +6% |
| 2021 | $53.4 | $45.8 | -14% |
| 2022 | $45.8 | $48.6 | +6.2% |
| 2023 | $48.6 | $52.1 | +7.1% |
| 2024 | $52.1 | $60.9 | +17% |
| 2025 | $60.9 | $96.5 | +59% |
| 2026 YTD | $96.5 | $142.4 | +48% |
DCO has the edge over BA on returns for 2026, with the stronger performance.