BA
The Boeing Company
BA offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
EFX
Equifax Inc.
EFX has the edge over BA overall, supported by stronger valuation 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.
EFX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Stable |
EFX'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 EFX in the historical PE scenario, which offers more potential upside but is not a forecast.
EFX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 21x | $187 | — |
| Current | 30x | $187 | — |
| Cheap | 34x | $208 | +11% |
| Fair | 46x | $287 | +54% |
| Expensive | 58x | $359 | +92% |
Historical ranges are pointers, not guarantees.
EFX's PE is in its cheap range at 30x. If earnings grow as analysts expect, today's price would be 21x next year's earnings.
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.
EFX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for EFX, 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.
EFX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.06 | +46% |
| Q3 2026 | $6.19 | +17% |
| Q2 2026 | $5.69 | +11% |
| Q1 2026 | $5.68 | +16% |
| Q4 2025 | $5.32 | +9.9% |
| Q3 2025 | $5.28 | +17% |
| Q2 2025 | $5.12 | +9.4% |
| Q1 2025 | $4.90 | +9.1% |
| Q4 2024 | $4.84 | +10% |
EFX 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.
EFX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.7B | +9.6% |
| Q2 2026 | $1.7B | +11% |
| Q1 2026 | $1.6B | +14% |
| Q4 2025 | $1.6B | +9.2% |
| Q3 2025 | $1.5B | +7.2% |
| Q2 2025 | $1.5B | +7.4% |
| Q1 2025 | $1.4B | +3.8% |
| Q4 2024 | $1.4B | +7% |
EFX's revenue has grown year over year for 14 quarters in a row: $1.7B last quarter, up 9.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +3.9 points |
| Q2 2026 | 18% | -1.7 points |
| Q1 2026 | 17% | +1.1 points |
| Q4 2025 | 18% | -2 points |
| Q3 2025 | 17% | 0 points |
| Q2 2025 | 20% | +0.5 points |
| Q1 2025 | 16% | +0.2 points |
| Q4 2024 | 20% | +1.8 points |
EFX 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 EFX on cash flow, with more consistent year-over-year improvement.
EFX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $436.9M | -0.2% |
| Q2 2026 | $204.8M | -14% |
| Q1 2026 | $121.5M | +4.1% |
| Q4 2025 | $340.8M | +66% |
| Q3 2025 | $437.9M | +23% |
| Q2 2025 | $238.9M | +83% |
| Q1 2025 | $116.7M | -3.4% |
| Q4 2024 | $205.9M | +17% |
EFX generated $1.1B in free cash flow over the past year, up 10% 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 | — |
EFX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -1.1M shares |
| 1 year | -4.8% | -6M shares |
| 3 years | -4.7% | -5.8M shares |
| 5 years | -4.5% | -5.6M shares |
| Available history | -3.2% | -3.9M shares |
EFX has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $92M |
| Q2 2026 | $300M |
| Q1 2026 | $260M |
| Q4 2025 | $500.1M |
| Q3 2025 | $300M |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
EFX spent $1.2B buying back its own shares over the past year.
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.
EFX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.5x | Moderate |
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 2.7x | Moderate |
| 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 |
EFX 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).
EFX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.3 | Neutral |
| Stochastic | 82.1 | Overbought |
EFX's weekly RSI is 55 (neutral) and its Stochastic is 82 (overbought).
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 EFX on valuation relative to its sector.
EFX PE vs Industrials Sector
| Metric | EFX | Sector median | Relative |
|---|---|---|---|
| PE | 30x | 24x | 26% above |
| PE % | 7 | 58 | 51 pts below |
EFX is trading at 30x earnings, a 26% 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.
EFX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $167.3 | 12% above |
| 20 week MA | $172.7 | 8.1% above |
| 50 week MA | $183.0 | 2% above |
| 100 week MA | $214.7 | 13% below |
| 200 week MA | $224.3 | 17% below |
EFX 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.
EFX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $140.2 | $194.0 | +38% |
| 2021 | $194.0 | $287.0 | +48% |
| 2022 | $287.0 | $195.7 | -32% |
| 2023 | $195.7 | $247.3 | +26% |
| 2024 | $247.3 | $256.0 | +3.5% |
| 2025 | $256.0 | $222.1 | -13% |
| 2026 YTD | $222.1 | $186.8 | -16% |
EFX has the edge over BA on returns for 2026, with the stronger performance.