BA
The Boeing Company
BA has the edge over DXPE overall, supported by stronger valuation and stronger fundamentals.
DXPE
DXP Enterprises, Inc.
DXPE offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
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.
DXPE Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Stable |
DXPE's revenue, profitability and cash flow are currently healthy, and its balance sheet 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 DXPE in the historical PE scenario, which offers more potential upside but is not a forecast.
DXPE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $68.84 | -55% |
| Fair | 16x | $94.21 | -39% |
| Forward | 22x | $153 | — |
| Current | 26x | $153 | — |
| Expensive | 27x | $165 | +7.6% |
Historical ranges are pointers, not guarantees.
DXPE's PE is in its expensive range at 26x. If earnings grow as analysts expect, today's price would be 22x next year's earnings.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
BA has the edge over DXPE on the outlook, with more favorable profitability expectations.
DXPE Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for DXPE, with profitability holding steady.
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.
DXPE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.93 | +15% |
| Q3 2026 | $6.00 | +14% |
| Q2 2026 | $5.67 | +8.4% |
| Q1 2026 | $5.34 | +11% |
| Q4 2025 | $5.37 | +27% |
| Q3 2025 | $5.27 | +35% |
| Q2 2025 | $5.23 | +47% |
| Q1 2025 | $4.80 | +33% |
| Q4 2024 | $4.22 | +8.5% |
DXPE 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.
DXPE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $587.2M | +14% |
| Q2 2026 | $576.5M | +16% |
| Q1 2026 | $521.7M | +9.5% |
| Q4 2025 | $527.4M | +12% |
| Q3 2025 | $513.7M | +8.6% |
| Q2 2025 | $498.7M | +12% |
| Q1 2025 | $476.6M | +15% |
| Q4 2024 | $470.9M | +16% |
DXPE's revenue has grown year over year for 10 quarters in a row: $587M last quarter, up 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.9% | +0.4 points |
| Q2 2026 | 9.6% | +0.4 points |
| Q1 2026 | 8.1% | -0.4 points |
| Q4 2025 | 8.8% | +0.5 points |
| Q3 2025 | 8.5% | +0.1 points |
| Q2 2025 | 9.2% | +0.8 points |
| Q1 2025 | 8.5% | +1.4 points |
| Q4 2024 | 8.3% | +1 points |
DXPE 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 DXPE on cash flow, with more consistent year-over-year improvement.
DXPE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $14.4M | -49% |
| Q2 2026 | $29.8M | +259% |
| Q1 2026 | $26.3M | +$43.2M |
| Q4 2025 | $34.5M | +52% |
| Q3 2025 | $28.1M | +15% |
| Q2 2025 | $8.3M | +40% |
| Q1 2025 | -$16.9M | -170% |
| Q4 2024 | $22.7M | -39% |
DXPE generated $105M in free cash flow over the past year, up 148% 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 | — |
DXPE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +8K shares |
| 1 year | -1% | -173K shares |
| 3 years | -5.8% | -1M shares |
| 5 years | -16% | -3.2M shares |
| Available history | -11% | -2.1M shares |
DXPE has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | $15.1M |
| Q3 2025 | $2M |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $224,000 |
| Q3 2024 | $4.8M |
| Q2 2024 | $9.2M |
| Q1 2024 | $14.8M |
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.
DXPE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.9x | Moderate |
| Q2 2026 | 3.0x | Moderate |
| Q1 2026 | 3.2x | Elevated |
| Q4 2025 | 2.7x | Moderate |
| Q3 2025 | 2.6x | Moderate |
| Q2 2025 | 2.7x | Moderate |
| Q1 2025 | 2.8x | Moderate |
| Q4 2024 | 2.8x | Moderate |
DXPE 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).
DXPE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.0 | Neutral |
| Stochastic | 28.1 | Neutral |
DXPE's weekly RSI is 45 (neutral) and its Stochastic is 28 (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 DXPE on valuation relative to its sector.
DXPE PE vs Industrials Sector
| Metric | DXPE | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 24x | 6.1% above |
| PE % | 80 | 58 | 22 pts above |
DXPE is trading at 26x 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.
DXPE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $170.9 | 10% below |
| 20 week MA | $175.4 | 13% below |
| 50 week MA | $154.2 | 0.6% below |
| 100 week MA | $125.9 | 22% above |
| 200 week MA | $83.5 | 84% above |
DXPE 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.
DXPE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $40.0 | $22.9 | -43% |
| 2021 | $22.9 | $25.0 | +9.3% |
| 2022 | $25.0 | $27.9 | +12% |
| 2023 | $27.9 | $33.7 | +21% |
| 2024 | $33.7 | $82.3 | +144% |
| 2025 | $82.3 | $115.8 | +41% |
| 2026 YTD | $115.8 | $153.3 | +32% |
DXPE has the edge over BA on returns for 2026, with the stronger performance.