BA
The Boeing Company
BA has slightly lower modeled downside risk, despite its lower overall score.
ECO
Okeanis Eco Tankers Corp.
ECO has the edge over BA overall, supported by stronger fundamentals and 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.
ECO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Stable | |
| Strong |
ECO's revenue, profitability and balance sheet are currently strong, and its cash flow 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 ECO in the historical PE scenario, which offers more potential upside but is not a forecast.
ECO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 4.8x | $87.67 | — |
| Cheap | 6.7x | $71.57 | -18% |
| Current | 8.2x | $87.67 | — |
| Fair | 9.5x | $102 | +16% |
| Expensive | 14x | $154 | +76% |
Historical ranges are pointers, not guarantees.
ECO's PE is in its fair range at 8.2x. If earnings grow as analysts expect, today's price would be 4.8x next year's earnings, in its cheap 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.
ECO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for ECO, with profitability holding steady. However, they disagree widely on these estimates.
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 ECO on earnings, with more consistent year-over-year improvement.
ECO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $18.39 | +72% |
| Q2 2026 | $10.72 | +413% |
| Q1 2026 | $5.66 | +128% |
| Q4 2025 | $3.74 | +11% |
| Q3 2025 | $2.39 | -34% |
| Q2 2025 | $2.09 | -45% |
| Q1 2025 | $2.48 | -41% |
| Q4 2024 | $3.38 | -25% |
| Q3 2024 | $3.63 | -32% |
ECO's earnings per share have jumped to their highest in seven years: $10.72 over the past year, up from $2.09 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 has the edge over ECO 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.
ECO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $318.9M | +239% |
| Q1 2026 | $170.2M | +112% |
| Q4 2025 | $126.9M | +49% |
| Q3 2025 | $90.6M | +6.7% |
| Q2 2025 | $93.9M | -16% |
| Q1 2025 | $80.1M | -28% |
| Q4 2024 | $85.2M | -7.1% |
| Q3 2024 | $84.9M | -4.6% |
ECO's revenue has grown year over year for four quarters in a row: $319M last quarter, up 239% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 75% | +36 points |
| Q1 2026 | 58% | +30 points |
| Q4 2025 | 54% | +23 points |
| Q3 2025 | 38% | +6 points |
| Q2 2025 | 39% | -8.6 points |
| Q1 2025 | 28% | -22 points |
| Q4 2024 | 31% | -5.6 points |
| Q3 2024 | 32% | -7.5 points |
ECO 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 ECO on cash flow, with more consistent year-over-year improvement.
ECO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $110.7M | +197% |
| Q1 2026 | -$87.6M | -833% |
| Q4 2025 | -$7.7M | -125% |
| Q3 2025 | $29.5M | +331% |
| Q2 2025 | $37.3M | -27% |
| Q1 2025 | $12M | -84% |
| Q4 2024 | $30.6M | +696% |
| Q3 2024 | $6.9M | -88% |
ECO still generates free cash flow, though less than at its 2026 peak: $45M over the past year.
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 ECO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
ECO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.3% | +883K shares |
| 1 year | +21% | +6.9M shares |
| 3 years | +21% | +6.9M shares |
| 5 years | +21% | +6.7M shares |
| Available history | +19% | +6.2M shares |
ECO has 39M diluted shares, up 21% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | $11.8M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $11.3M |
| Q4 2024 | $14.5M |
| Q3 2024 | $35.4M |
ECO spent $12M buying back its own shares over the past year, down 81% from 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.
ECO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 1.0x | Healthy |
| Q1 2026 | 2.0x | Moderate |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 3.4x | Elevated |
| Q2 2025 | 3.6x | Elevated |
| Q1 2025 | 3.4x | Elevated |
| Q4 2024 | 2.9x | Moderate |
| Q3 2024 | 2.8x | Moderate |
ECO 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).
ECO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.4 | Neutral |
| Stochastic | 72.9 | Neutral |
ECO's weekly RSI is 61 (neutral) and its Stochastic is 73 (neutral).
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.
ECO PE vs Industrials Sector
| Metric | ECO | Sector median | Relative |
|---|---|---|---|
| PE | 8.2x | 24x | 66% below |
| PE % | 36 | 49 | 13 pts below |
ECO has the edge over BA on valuation relative to its sector.
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 |
ECO has stronger trend alignment. BA is above 0 of 5 weekly averages versus ECO above 3 of 4.
ECO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $89.4 | 1.9% below |
| 20 week MA | $74.1 | 18% above |
| 50 week MA | $57.2 | 53% above |
| 100 week MA | $41.3 | 112% above |
ECO's trend is up, with a small recent dip: it's below only its 8-week average, and 112% above its 100-week average.
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.
ECO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2023 | $25.9 | $26.8 | +3.7% |
| 2024 | $26.8 | $21.0 | -22% |
| 2025 | $21.0 | $33.5 | +59% |
| 2026 YTD | $33.5 | $87.7 | +162% |
ECO has the edge over BA on returns for 2026, with the stronger performance.