BA
The Boeing Company
BA has slightly lower modeled downside risk, despite its lower overall score.
GVA
Granite Construction Incorporated
GVA has the edge over BA overall on the model score.
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.
GVA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Healthy | |
| Healthy |
GVA's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
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's PE is 18x, but its earnings don't support one, so it isn't a reliable read right now.
GVA PE Valuation
GVA has no meaningful PE right now: it lost money over the past year.
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.
GVA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for GVA, 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 |
BA has the edge over GVA on earnings quality, reporting a profit while its opponent remains loss making.
GVA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.17 | — |
| Q3 2026 | -$6.02 | -266% |
| Q2 2026 | -$4.11 | -228% |
| Q1 2026 | $3.67 | +44% |
| Q4 2025 | $3.86 | +47% |
| Q3 2025 | $3.62 | +51% |
| Q2 2025 | $3.21 | +65% |
| Q1 2025 | $2.55 | +219% |
| Q4 2024 | $2.62 | +170% |
GVA has swung to a loss: it lost $6.02 per share over the past year, after a profit 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'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.
GVA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.8B | +23% |
| Q2 2026 | $1.5B | +29% |
| Q1 2026 | $912.5M | +30% |
| Q4 2025 | $1.2B | +19% |
| Q3 2025 | $1.4B | +12% |
| Q2 2025 | $1.1B | +4% |
| Q1 2025 | $699.5M | +4.1% |
| Q4 2024 | $977.3M | +4.7% |
GVA has the edge over BA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +2.7 points |
| Q2 2026 | 8.7% | -0.5 points |
| Q1 2026 | -3.4% | +2.3 points |
| Q4 2025 | 6.4% | +0.2 points |
| Q3 2025 | 10% | +1.8 points |
| Q2 2025 | 9.2% | +1.3 points |
| Q1 2025 | -5.7% | +0.8 points |
| Q4 2024 | 6.2% | +4 points |
GVA 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 GVA on cash flow, with more consistent year-over-year improvement.
GVA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $228.7M | -11% |
| Q2 2026 | $142.7M | +$169.7M |
| Q1 2026 | -$57M | -$28.5M |
| Q4 2025 | $128.8M | -11% |
| Q2 2025 | -$27M | +$14M |
| Q1 2025 | -$28.6M | -$24.8M |
| Q4 2024 | $144.6M | +22% |
| Q2 2024 | -$41M | +$40.5M |
GVA generated $443M in free cash flow over the past year, up 28% 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 | — |
GVA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +5.7% | +2.5M shares |
| 1 year | -14% | -7.3M shares |
| 3 years | -14% | -7.4M shares |
| 5 years | -3.2% | -1.5M shares |
| Available history | 0% | -23K shares |
GVA has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $37.1M |
| Q2 2026 | $228,000 |
| Q1 2026 | $18.4M |
| Q4 2025 | $26.6M |
| Q3 2025 | $6.3M |
| Q2 2025 | $108,000 |
| Q1 2025 | $15.2M |
| Q4 2024 | $29.2M |
GVA spent $82M buying back its own shares over the past year, up 62% 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.
GVA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 1.4x | Healthy |
| Q1 2026 | 2.1x | Moderate |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 2.2x | Moderate |
| Q2 2024 | 1.5x | Healthy |
| Q1 2024 | 1.3x | Healthy |
| Q4 2023 | 1.4x | Healthy |
GVA 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).
GVA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.7 | Neutral |
| Stochastic | 66.9 | Neutral |
GVA's weekly RSI is 53 (neutral) and its Stochastic is 67 (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.
GVA PE vs Industrials Sector
| Metric | GVA | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
GVA has no meaningful PE right now: it lost money over the past year.
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.
GVA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $116.7 | 7.7% above |
| 20 week MA | $121.4 | 3.6% above |
| 50 week MA | $125.4 | 0.3% above |
| 100 week MA | $109.1 | 15% above |
| 200 week MA | $81.6 | 54% above |
GVA 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.
GVA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $26.9 | $27.1 | +0.6% |
| 2021 | $27.1 | $38.4 | +42% |
| 2022 | $38.4 | $35.4 | -7.7% |
| 2023 | $35.4 | $50.9 | +44% |
| 2024 | $50.9 | $89.1 | +75% |
| 2025 | $89.1 | $119.4 | +34% |
| 2026 YTD | $119.4 | $125.7 | +5.3% |
GVA has the edge over BA on returns for 2026, with the stronger performance.