BA
The Boeing Company
BA offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
FC
Franklin Covey Co.
FC has the edge over BA overall, supported by stronger modeled upside and 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.
FC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Healthy |
FC's profitability and balance sheet are currently healthy, and its revenue and cash flow are 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 FC in the historical PE scenario, which offers more potential upside but is not a forecast.
FC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 13x | $14.83 | — |
| Cheap | 25x | $10.43 | -30% |
| Fair | 34x | $14.12 | -4.8% |
| Current | 35x | $14.83 | — |
| Expensive | 50x | $20.84 | +41% |
Historical ranges are pointers, not guarantees.
FC's PE is in its fair range at 35x. If earnings grow as analysts expect, today's price would be 13x next year's earnings, in its cheap range.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
BA has the edge over FC on the outlook, with more favorable revenue expectations.
FC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect FC's earnings to grow and its profitability to improve, with its revenue 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 FC on earnings, with more consistent year-over-year improvement.
FC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.12 | +165% |
| Q3 2026 | $0.42 | +75% |
| Q2 2026 | $0.17 | -78% |
| Q1 2026 | -$0.21 | -116% |
| Q4 2025 | -$0.12 | -108% |
| Q3 2025 | $0.24 | -86% |
| Q2 2025 | $0.79 | -41% |
| Q1 2025 | $1.33 | +9% |
| Q4 2024 | $1.47 | +15% |
FC's earnings per share have fallen from their peak: $0.42 over the past year, against $1.74 in mid-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 has the edge over FC 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.
FC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $70M | -1.8% |
| Q2 2026 | $67.8M | +1% |
| Q1 2026 | $59.6M | +0.1% |
| Q4 2025 | $64M | -7.3% |
| Q3 2025 | $71.2M | -15% |
| Q2 2025 | $67.1M | -8.5% |
| Q1 2025 | $59.6M | -2.8% |
| Q4 2024 | $69.1M | +1% |
FC's revenue fell from its 2024 peak and has held roughly level since: $70M last quarter, down 1.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 12% | +1.3 points |
| Q2 2026 | 6.2% | +9.5 points |
| Q1 2026 | -3.4% | -0.9 points |
| Q4 2025 | -5.7% | -7.8 points |
| Q3 2025 | 11% | -10 points |
| Q2 2025 | -3.3% | -15 points |
| Q1 2025 | -2.4% | -4.8 points |
| Q4 2024 | 2.1% | -5.7 points |
FC 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 FC on cash flow, with more consistent year-over-year improvement.
FC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.7M | -54% |
| Q2 2026 | -$32K | -101% |
| Q1 2026 | $15.2M | +$17.9M |
| Q4 2025 | -$1.6M | -112% |
| Q3 2025 | $5.7M | -72% |
| Q2 2025 | $4.5M | -38% |
| Q1 2025 | -$2.6M | -122% |
| Q4 2024 | $13.1M | -20% |
FC still generates free cash flow, though less than at its 2024 peak: $16M 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 793M diluted shares, up 4.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
FC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.4% | +275K shares |
| 1 year | -10% | -1.3M shares |
| 3 years | -18% | -2.6M shares |
| 5 years | -17% | -2.4M shares |
| Available history | -16% | -2.3M shares |
FC has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $12,000 |
| Q2 2026 | $7,000 |
| Q1 2026 | $17.4M |
| Q4 2025 | $10.7M |
| Q3 2025 | $3.4M |
| Q2 2025 | $8.3M |
| Q1 2025 | $8.7M |
| Q4 2024 | $6M |
FC spent $28M buying back its own shares over the past year, up 6.7% 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.
FC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -1.1x | Net Cash |
| Q1 2026 | -3.0x | Net Cash |
| Q4 2025 | -3.5x | Net Cash |
| Q3 2025 | -3.2x | Net Cash |
| Q2 2025 | -1.7x | Net Cash |
| Q1 2025 | -1.3x | Net Cash |
| Q4 2024 | -1.6x | Net Cash |
FC 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).
FC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.1 | Neutral |
| Stochastic | 12.4 | Oversold |
FC's weekly RSI is 33 (neutral) and its Stochastic is 12 (oversold).
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 FC on valuation relative to its sector.
FC PE vs Industrials Sector
| Metric | FC | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 24x | 47% above |
| PE % | 55 | 58 | 3 pts below |
FC is trading at 35x earnings, a 47% 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.
FC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.3 | 14% below |
| 20 week MA | $19.0 | 22% below |
| 50 week MA | $19.2 | 23% below |
| 100 week MA | $21.6 | 31% below |
| 200 week MA | $31.0 | 52% below |
FC is in a downtrend: it's below all five of its weekly moving averages, and 52% 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.
FC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.7 | $22.3 | -34% |
| 2021 | $22.3 | $45.6 | +105% |
| 2022 | $45.6 | $47.4 | +3.9% |
| 2023 | $47.4 | $43.5 | -8.2% |
| 2024 | $43.5 | $37.0 | -15% |
| 2025 | $37.0 | $17.1 | -54% |
| 2026 YTD | $17.1 | $14.8 | -13% |
FC has the edge over BA on returns for 2026, with the stronger performance.