BA
The Boeing Company
BA has a slight edge over DOV overall, supported by stronger fundamentals and stronger valuation.
DOV
Dover Corporation
DOV 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.
DOV Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Healthy |
DOV's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
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 DOV in the historical PE scenario, which offers more potential upside but is not a forecast.
DOV PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $134 | -36% |
| Forward | 18x | $209 | — |
| Fair | 20x | $169 | -19% |
| Current | 24x | $209 | — |
| Expensive | 27x | $229 | +9.1% |
Historical ranges are pointers, not guarantees.
DOV's PE is in its expensive range at 24x. If earnings grow as analysts expect, today's price would be 18x 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.
DOV Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for DOV, 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 returned to profit: it earned $9.66 per share over the past year, after losing money the year before.
DOV Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $11.59 | +35% |
| Q3 2026 | $8.58 | -47% |
| Q2 2026 | $8.30 | -50% |
| Q1 2026 | $8.02 | -52% |
| Q4 2025 | $7.94 | -59% |
| Q3 2025 | $16.26 | +45% |
| Q2 2025 | $16.58 | +55% |
| Q1 2025 | $16.60 | +59% |
| Q4 2024 | $19.45 | +159% |
DOV's earnings per share have fallen from their peak: $8.58 over the past year, against $19.45 in late 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 DOV 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.
DOV Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +7.5% |
| Q2 2026 | $2.2B | +6.9% |
| Q1 2026 | $2.1B | +10% |
| Q4 2025 | $2.1B | +8.8% |
| Q3 2025 | $2.1B | +4.8% |
| Q2 2025 | $2B | -5.9% |
| Q1 2025 | $1.9B | -11% |
| Q4 2024 | $1.9B | -8.4% |
DOV's revenue has grown year over year for five quarters in a row: $2.2B last quarter, up 7.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | +0.6 points |
| Q2 2026 | 18% | +0.6 points |
| Q1 2026 | 15% | -1 points |
| Q4 2025 | 16% | +1.2 points |
| Q3 2025 | 18% | +1.3 points |
| Q2 2025 | 17% | +0.3 points |
| Q1 2025 | 16% | +1.8 points |
| Q4 2024 | 15% | -1.5 points |
DOV 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 DOV on cash flow, with more consistent year-over-year improvement.
DOV Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $383.3M | +3.6% |
| Q2 2026 | $188.4M | +24% |
| Q1 2026 | $131.2M | +20% |
| Q4 2025 | $487M | +26% |
| Q3 2025 | $370.1M | +48% |
| Q2 2025 | $151.4M | -7% |
| Q1 2025 | $109.3M | -11% |
| Q4 2024 | $385M | -15% |
DOV generated $1.2B in free cash flow over the past year, up 17% 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 | — |
DOV Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -675K shares |
| 1 year | -2.3% | -3.2M shares |
| 3 years | -4.1% | -5.7M shares |
| 5 years | -7.3% | -10.6M shares |
| Available history | -8.2% | -12.1M shares |
DOV has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $331.6M |
| Q2 2026 | — |
| Q1 2026 | $53.9M |
| Q4 2025 | $500M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $40.7M |
| Q4 2024 | — |
DOV spent $886M buying back its own shares over the past year, more than ten times what it spent 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.
DOV Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.2x | Healthy |
| Q2 2026 | 1.2x | Healthy |
| Q1 2026 | 1.3x | Healthy |
| Q4 2025 | 1.4x | Healthy |
| Q3 2025 | 1.1x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 0.9x | Very low |
DOV 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).
DOV Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.6 | Neutral |
| Stochastic | 70.7 | Neutral |
DOV's weekly RSI is 56 (neutral) and its Stochastic is 71 (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 DOV on valuation relative to its sector.
DOV PE vs Industrials Sector
| Metric | DOV | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 24x | 1.4% above |
| PE % | 70 | 58 | 12 pts above |
DOV is trading at 24x 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.
DOV Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $198.3 | 5.6% above |
| 20 week MA | $201.2 | 4.1% above |
| 50 week MA | $207.8 | 0.8% above |
| 100 week MA | $194.3 | 7.8% above |
| 200 week MA | $178.0 | 18% above |
DOV 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.
DOV Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $115.5 | $124.0 | +7.4% |
| 2021 | $124.0 | $173.7 | +40% |
| 2022 | $173.7 | $134.7 | -22% |
| 2023 | $134.7 | $153.8 | +14% |
| 2024 | $153.8 | $188.3 | +22% |
| 2025 | $188.3 | $200.2 | +6.3% |
| 2026 YTD | $200.2 | $209.5 | +4.7% |
DOV has the edge over BA on returns for 2026, with the stronger performance.