BA
The Boeing Company
BA offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
FAST
Fastenal Company
FAST has a slight edge over BA overall, supported by lower modeled downside.
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.
FAST Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
FAST's revenue, profitability, cash flow and balance sheet are all currently healthy.
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 FAST in the historical PE scenario, which offers more potential upside but is not a forecast.
FAST PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 28x | $34.70 | -38% |
| Fair | 34x | $41.55 | -25% |
| Forward | 40x | $55.55 | — |
| Expensive | 41x | $49.86 | -10% |
| Current | 45x | $55.55 | — |
Historical ranges are pointers, not guarantees.
FAST's PE is in its expensive range at 45x. If earnings grow as analysts expect, today's price would be 40x next year's earnings.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
BA has the edge over FAST on the outlook, with more favorable profitability expectations.
FAST Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for FAST, 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.
FAST Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.38 | +13% |
| Q3 2026 | $1.23 | +16% |
| Q2 2026 | $1.17 | +14% |
| Q1 2026 | $1.13 | +13% |
| Q4 2025 | $1.09 | +9% |
| Q3 2025 | $1.06 | +6% |
| Q2 2025 | $1.03 | +3% |
| Q1 2025 | $1.00 | -1% |
| Q4 2024 | $1.00 | -1% |
FAST 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.
FAST Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.5B | +15% |
| Q2 2026 | $2.4B | +15% |
| Q1 2026 | $2.2B | +12% |
| Q4 2025 | $2B | +11% |
| Q3 2025 | $2.1B | +12% |
| Q2 2025 | $2.1B | +8.6% |
| Q1 2025 | $2B | +3.4% |
| Q4 2024 | $1.8B | +3.7% |
FAST's revenue has grown year over year for 21 quarters in a row: $2.5B last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 22% | +0.9 points |
| Q2 2026 | 21% | +0.1 points |
| Q1 2026 | 20% | +0.2 points |
| Q4 2025 | 19% | +0.1 points |
| Q3 2025 | 21% | +0.4 points |
| Q2 2025 | 21% | +0.8 points |
| Q1 2025 | 20% | -0.5 points |
| Q4 2024 | 19% | -1.2 points |
FAST 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 FAST on cash flow, with more consistent year-over-year improvement.
FAST Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $347.6M | +6.4% |
| Q2 2026 | $201.6M | -3.7% |
| Q1 2026 | $319.5M | +55% |
| Q4 2025 | $308.1M | +38% |
| Q3 2025 | $326.6M | +38% |
| Q2 2025 | $209.3M | +3.7% |
| Q1 2025 | $206.5M | -27% |
| Q4 2024 | $222.6M | -30% |
FAST's free cash flow has been positive every quarter for seven years: $1.2B over the past year, up 22% 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 | — |
FAST Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -179K shares |
| 1 year | -0.1% | -934K shares |
| 3 years | +0.3% | +3.9M shares |
| 5 years | -0.4% | -4.4M shares |
| Available history | +0.1% | +1.2M shares |
FAST has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $30.5M |
| Q2 2026 | $30M |
| Q1 2026 | $20.3M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q4 2022 | $93.2M |
| Q3 2022 | $95.3M |
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.
FAST Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.1x | Net Cash |
| Q2 2025 | -0.0x | Very low |
| Q1 2025 | -0.0x | Net Cash |
| Q4 2024 | -0.0x | Net Cash |
FAST 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).
FAST Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 73.1 | Overbought |
| Stochastic | 82.4 | Overbought |
FAST's weekly RSI is 73 (overbought) 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 FAST on valuation relative to its sector.
FAST PE vs Industrials Sector
| Metric | FAST | Sector median | Relative |
|---|---|---|---|
| PE | 45x | 24x | 88% above |
| PE % | 97 | 58 | 39 pts above |
FAST is trading at 45x earnings, a 88% 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.
FAST Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $51.9 | 7% above |
| 20 week MA | $50.1 | 11% above |
| 50 week MA | $46.9 | 19% above |
| 100 week MA | $44.3 | 25% above |
| 200 week MA | $38.1 | 46% above |
FAST 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.
FAST Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $18.5 | $24.8 | +34% |
| 2021 | $24.8 | $31.3 | +26% |
| 2022 | $31.3 | $23.9 | -24% |
| 2023 | $23.9 | $32.4 | +36% |
| 2024 | $32.4 | $36.5 | +13% |
| 2025 | $36.5 | $41.6 | +14% |
| 2026 YTD | $41.6 | $55.6 | +34% |
FAST has the edge over BA on returns for 2026, with the stronger performance.