BA
The Boeing Company
BA's fundamentals are strong: its operating margin went from −10% to 10% and revenue grew 18%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
FDX
FedEx Corporation
There isn't enough reported data to score FDX yet.
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.
FDX Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| Healthy | |
| Healthy |
FDX's profitability, cash flow and balance sheet are currently healthy. There isn't enough data to rate its revenue.
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 FDX in the historical PE scenario, which offers more potential upside but is not a forecast.
FDX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 13x | $249 | -22% |
| Fair | 16x | $302 | -5.5% |
| Current | 20x | $319 | — |
| Expensive | 25x | $469 | +47% |
Historical ranges are pointers, not guarantees.
FDX's PE is 20x, but its earnings don't support one, so it isn't a reliable read right now.
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.
FDX Forward outlook
There aren't enough analyst estimates for FDX to show an outlook.
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 |
FDX has the stronger earnings trend. Trailing diluted EPS is down 30% for BA versus FDX up 10%.
FDX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $18.55 | +10% |
| Q1 2026 | $18.72 | +18% |
| Q4 2025 | $18.07 | +15% |
| Q3 2025 | $17.06 | +5.4% |
| Q2 2025 | $16.81 | -2.3% |
| Q1 2025 | $15.92 | -8.1% |
| Q4 2024 | $15.67 | -7.1% |
| Q3 2024 | $16.19 | -1.2% |
FDX earned $18.55 per share over the past year, up 10% from 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 FDX on sales, with stronger typical year-over-year growth.
| 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.
FDX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $22.9B | +2.7% |
| Q2 2026 | $25B | +13% |
| Q1 2026 | $24B | +8.3% |
| Q4 2025 | $23.5B | +6.8% |
| Q3 2025 | $22.2B | +3.1% |
| Q2 2025 | $22.2B | +0.5% |
| Q1 2025 | $22.2B | +1.9% |
| Q4 2024 | $22B | -0.9% |
FDX's revenue has grown year over year for seven quarters in a row: $22.9B last quarter, up 2.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.7% | -0.7 points |
| Q2 2026 | 6.2% | -1.9 points |
| Q1 2026 | 5.6% | -0.2 points |
| Q4 2025 | 5.9% | +1.1 points |
| Q3 2025 | 5.3% | +0.3 points |
| Q2 2025 | 8.1% | +1 points |
| Q1 2025 | 5.8% | +0.1 points |
| Q4 2024 | 4.8% | -1 points |
FDX 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 stronger cash trend. Its trailing FCF is up 100% versus its history, compared with FDX at up 63%.
FDX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $1.8B | +71% |
| Q1 2026 | $1B | +2.3% |
| Q4 2025 | $1.2B | +139% |
| Q3 2025 | $1.1B | +160% |
| Q2 2025 | $1B | -30% |
| Q1 2025 | $1B | +339% |
| Q4 2024 | $500M | +6.6% |
| Q3 2024 | $420M | -55% |
FDX generated $5.1B in free cash flow over the past year, up 72% 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 | — |
FDX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +0.4% | +1M shares |
| 3 years | -5.9% | -15M shares |
| 5 years | -12% | -32M shares |
| Available history | -8.8% | -23M shares |
FDX has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $296M |
| Q3 2025 | $500M |
| Q2 2025 | $500M |
| Q1 2025 | $497M |
| Q4 2024 | $1B |
| Q3 2024 | $1B |
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.
FDX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 1.3x | Healthy |
| Q1 2026 | 1.7x | Healthy |
| Q4 2025 | 1.5x | Healthy |
| Q3 2025 | 1.6x | Healthy |
| Q2 2025 | 1.6x | Healthy |
| Q1 2025 | 1.6x | Healthy |
| Q4 2024 | 1.6x | Healthy |
| Q3 2024 | 1.5x | Healthy |
FDX's net debt is about 1.3 years of its operating earnings (EBITDA), down from 1.6 years a year ago.
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).
FDX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.8 | Neutral |
| Stochastic | 55.0 | Neutral |
FDX's weekly RSI is 57 (neutral) and its Stochastic is 55 (neutral).
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 FDX on valuation relative to its sector.
FDX PE vs Industrials Sector
| Metric | FDX | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 24x | 19% below |
| PE % | 74 | 58 | 16 pts above |
FDX is trading at 20x earnings, a 19% discount to the Industrials sector's median of 24x, though its earnings don't support one.
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.
FDX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $300.1 | 6.4% above |
| 20 week MA | $310.6 | 2.8% above |
| 50 week MA | $296.9 | 7.6% above |
| 100 week MA | $245.5 | 30% above |
| 200 week MA | $225.3 | 42% above |
FDX 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.
FDX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $122.8 | $216.5 | +76% |
| 2021 | $216.5 | $204.4 | -5.6% |
| 2022 | $204.4 | $141.7 | -31% |
| 2023 | $141.7 | $203.7 | +44% |
| 2024 | $203.7 | $225.8 | +11% |
| 2025 | $225.8 | $238.6 | +5.7% |
| 2026 YTD | $238.6 | $319.3 | +34% |
FDX has the edge over BA on returns for 2026, with the stronger performance.