BA
The Boeing Company
BA has slightly lower modeled downside risk, despite its lower overall score.
ESOA
Energy Services of America Corporation
ESOA has the edge over BA overall, supported by stronger modeled upside and stronger valuation.
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.
ESOA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Strong |
ESOA's revenue, profitability and balance sheet are currently healthy, 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 ESOA in the historical PE scenario, which offers more potential upside but is not a forecast.
ESOA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.3x | $3.84 | -56% |
| Forward | 10x | $8.78 | — |
| Fair | 13x | $8.01 | -8.8% |
| Current | 14x | $8.78 | — |
| Expensive | 31x | $18.69 | +113% |
Historical ranges are pointers, not guarantees.
ESOA's PE is in its fair range at 14x. If earnings grow as analysts expect, today's price would be 10x 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.
ESOA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for ESOA, with profitability improving. 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 returned to profit: it earned $9.66 per share over the past year, after losing money the year before.
ESOA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.84 | +38% |
| Q2 2026 | $0.61 | +281% |
| Q1 2026 | $0.55 | -50% |
| Q4 2025 | $0.13 | -91% |
| Q3 2025 | $0.02 | -99% |
| Q2 2025 | $0.16 | -89% |
| Q1 2025 | $1.10 | +86% |
| Q4 2024 | $1.44 | +162% |
| Q3 2024 | $1.51 | +243% |
ESOA's earnings per share have fallen from their peak: $0.61 over the past year, against $1.51 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'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.
ESOA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $130M | +25% |
| Q1 2026 | $93.2M | +22% |
| Q4 2025 | $114.1M | +13% |
| Q3 2025 | $130.1M | +24% |
| Q2 2025 | $103.6M | +21% |
| Q1 2025 | $76.7M | +7.8% |
| Q4 2024 | $100.6M | +12% |
| Q3 2024 | $104.7M | -0.2% |
ESOA has the edge over BA on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 3.6% | +0.5 points |
| Q1 2026 | 1.1% | +12 points |
| Q4 2025 | 4.3% | +2.7 points |
| Q3 2025 | 5.8% | -2.6 points |
| Q2 2025 | 3.1% | -6.8 points |
| Q1 2025 | -11% | -9 points |
| Q4 2024 | 1.6% | -2.4 points |
| Q3 2024 | 8.4% | 0 points |
ESOA 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 ESOA on cash flow, with more consistent year-over-year improvement.
ESOA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$4.8M | -$4.2M |
| Q1 2026 | -$62.2K | +$1M |
| Q4 2025 | $16.8M | +180% |
| Q3 2025 | -$6.5M | -$3.6M |
| Q2 2025 | -$582K | -104% |
| Q1 2025 | -$1.1M | +$3.8M |
| Q4 2024 | $6M | +305% |
| Q3 2024 | -$2.9M | -135% |
ESOA has burned cash in six of the last eight quarters: $5M over the past year, about four times what it generated 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 the edge over ESOA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
ESOA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +6.2% | +1.1M shares |
| 1 year | +12% | +2M shares |
| 3 years | +12% | +2.1M shares |
| 5 years | +9.2% | +1.6M shares |
| Available history | +7.4% | +1.3M shares |
ESOA has 19M diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | $1,288 |
| Q4 2025 | $846,530 |
| Q3 2025 | — |
| Q3 2024 | — |
| Q3 2023 | — |
| Q2 2023 | $147,960 |
| Q3 2020 | — |
ESOA spent $847,818 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.
ESOA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.9x | Very low |
| Q1 2026 | 0.8x | Very low |
| Q4 2025 | 2.1x | Moderate |
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 2.6x | Moderate |
| Q1 2025 | 1.9x | Healthy |
| Q4 2024 | 1.3x | Healthy |
| Q3 2024 | 0.7x | Very low |
ESOA 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).
ESOA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.8 | Neutral |
| Stochastic | 5.4 | Oversold |
ESOA's weekly RSI is 33 (neutral) and its Stochastic is 5 (oversold).
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.
ESOA PE vs Industrials Sector
| Metric | ESOA | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 24x | 40% below |
| PE % | 54 | 58 | 4 pts below |
ESOA 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 |
BA is in a downtrend: it's below all five of its weekly moving averages, and 14% below its 200-week average.
ESOA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.73 | 9.8% below |
| 20 week MA | $12.2 | 28% below |
| 50 week MA | $12.8 | 31% below |
| 100 week MA | $11.6 | 24% below |
| 200 week MA | $8.79 | 0.1% below |
ESOA is in a downtrend: it's below all five of its weekly moving averages, and 0.1% below its 200-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.
ESOA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $0.82 | $1.25 | +52% |
| 2021 | $1.25 | $3.30 | +164% |
| 2022 | $3.30 | $2.68 | -19% |
| 2023 | $2.68 | $5.98 | +123% |
| 2024 | $5.98 | $13.2 | +121% |
| 2025 | $13.2 | $8.04 | -39% |
| 2026 YTD | $8.04 | $8.78 | +9.2% |
ESOA has the edge over BA on returns for 2026, with the stronger performance.