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.
GSL
Global Ship Lease, Inc.
There isn't enough reported data to score GSL 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.
GSL Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| Unavailable | |
| Healthy |
GSL's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
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 GSL in the historical PE scenario, which offers more potential upside but is not a forecast.
GSL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 2.6x | $29.87 | -31% |
| Fair | 3.4x | $39.12 | -9.8% |
| Current | 3.8x | $43.37 | — |
| Forward | 4x | $43.37 | — |
| Expensive | 6.6x | $75.59 | +74% |
Historical ranges are pointers, not guarantees.
GSL's PE is 3.8x, 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.
GSL Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for GSL, 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 |
GSL has the stronger earnings trend. Trailing diluted EPS is down 30% for BA versus GSL up 25%.
GSL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $10.83 | -4.8% |
| Q4 2025 | $11.38 | +17% |
| Q2 2025 | $10.78 | +18% |
| Q1 2025 | $10.60 | +20% |
| Q4 2024 | $9.71 | +17% |
| Q2 2024 | $9.13 | +7.2% |
| Q1 2024 | $8.83 | +23% |
| Q4 2023 | $8.30 | +15% |
| Q2 2023 | $8.52 | +35% |
GSL's earnings per share have climbed steadily: $11.38 over the past year, up 25% from the year before, and higher year over year for 15 quarters in a row.
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% |
GSL has the stronger quarterly revenue trend. Revenue is up 3.9% for BA versus up 121% for GSL.
| 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.
GSL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $383.6M | +7.6% |
| Q2 2025 | $188.5M | +8.7% |
| Q1 2025 | $187.8M | +4.6% |
| Q4 2024 | $356.5M | +0.9% |
| Q2 2024 | $173.5M | +8.2% |
| Q1 2024 | $179.6M | +15% |
| Q4 2023 | $353.4M | +4.7% |
| Q2 2023 | $160.4M | +11% |
GSL's revenue is growing: $384M last quarter, up 121% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | 53% | -0.7 points |
| Q2 2025 | 54% | -0.1 points |
| Q1 2025 | 68% | +20 points |
| Q4 2024 | 53% | -0.3 points |
| Q2 2024 | 54% | -0.5 points |
| Q1 2024 | 54% | -0.2 points |
| Q4 2023 | 49% | -9.1 points |
| Q2 2023 | 53% | -6.4 points |
GSL's operating margin was 53% last quarter, down 0.7 points from the same quarter a year ago.
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% |
GSL has the stronger cash trend. Its trailing FCF is up 247% versus its history, compared with BA at up 100%.
GSL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | $301.9M | +40% |
| Q2 2025 | $114M | +16% |
| Q1 2025 | $33.6M | -65% |
| Q4 2024 | $215.9M | +35% |
| Q2 2024 | $98.6M | +$132.5M |
| Q1 2024 | $95.2M | +16% |
| Q4 2023 | $159.4M | -23% |
| Q2 2023 | -$33.9M | -143% |
GSL generated $665M in free cash flow over the past year, up 108% 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 | — |
GSL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +302K shares |
| 1 year | +2.1% | +739K shares |
| 3 years | -1.5% | -550K shares |
| 5 years | +252% | +25.7M shares |
| Available history | +419% | +29M shares |
GSL has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2025 | — |
| Q1 2025 | — |
| Q2 2024 | — |
| Q1 2024 | $5M |
| Q2 2023 | $7M |
| Q1 2023 | $10M |
| Q2 2022 | $4.9M |
| Q1 2022 | — |
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.
GSL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2025 | 0.7x | Very low |
| Q2 2025 | 0.6x | Very low |
| Q1 2025 | 0.9x | Very low |
| Q4 2024 | 1.1x | Healthy |
| Q2 2024 | 1.0x | Healthy |
| Q1 2024 | 1.2x | Healthy |
| Q4 2023 | 1.6x | Healthy |
| Q2 2023 | 1.8x | Healthy |
GSL's net debt is less than a year of its operating earnings (EBITDA), down from a year 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).
GSL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.1 | Neutral |
| Stochastic | 30.6 | Neutral |
GSL's weekly RSI is 54 (neutral) and its Stochastic is 31 (neutral).
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.
GSL PE vs Industrials Sector
| Metric | GSL | Sector median | Relative |
|---|---|---|---|
| PE | 3.8x | 24x | 84% below |
| PE % | 63 | 58 | 5 pts above |
GSL 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.
GSL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $42.8 | 1.5% above |
| 20 week MA | $43.0 | 0.9% above |
| 50 week MA | $39.8 | 9% above |
| 100 week MA | $33.0 | 32% above |
| 200 week MA | $27.2 | 60% above |
GSL 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.
GSL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $8.99 | $11.5 | +27% |
| 2021 | $11.5 | $21.8 | +90% |
| 2022 | $21.8 | $17.1 | -21% |
| 2023 | $17.1 | $19.8 | +16% |
| 2024 | $19.8 | $21.8 | +10% |
| 2025 | $21.8 | $34.6 | +59% |
| 2026 YTD | $34.6 | $43.4 | +25% |
GSL has the edge over BA on returns for 2026, with the stronger performance.