BA
The Boeing Company
BA has lower modeled downside risk, despite its lower overall score.
IESC
IES Holdings, Inc.
IESC has the edge over BA overall, supported by stronger valuation and stronger modeled upside.
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.
IESC Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Healthy | |
| Strong |
IESC'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 IESC in the historical PE scenario, which offers more potential upside but is not a forecast.
IESC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $174 | -0.2% |
| Current | 15x | $174 | — |
| Fair | 20x | $228 | +31% |
| Expensive | 27x | $304 | +74% |
Historical ranges are pointers, not guarantees.
IESC's PE is in its cheap range at 15x.
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.
IESC Forward outlook
There aren't enough analyst estimates for IESC 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 |
BA has returned to profit: it earned $9.66 per share over the past year, after losing money the year before.
IESC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $11.26 | +72% |
| Q1 2026 | $9.38 | +57% |
| Q4 2025 | $8.40 | +56% |
| Q3 2025 | $7.51 | +52% |
| Q2 2025 | $6.54 | +54% |
| Q1 2025 | $5.97 | +80% |
| Q4 2024 | $5.37 | +103% |
| Q3 2024 | $4.95 | +118% |
IESC 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.
IESC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.2B | +40% |
| Q1 2026 | $974.3M | +17% |
| Q4 2025 | $871M | +16% |
| Q3 2025 | $897.8M | +16% |
| Q2 2025 | $890.2M | +16% |
| Q1 2025 | $834M | +18% |
| Q4 2024 | $749.5M | +18% |
| Q3 2024 | $775.8M | +20% |
IESC has the edge over BA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 14% | +1.8 points |
| Q1 2026 | 12% | +0.4 points |
| Q4 2025 | 11% | +1.3 points |
| Q3 2025 | 12% | +1.9 points |
| Q2 2025 | 13% | +0.8 points |
| Q1 2025 | 11% | +0.1 points |
| Q4 2024 | 10% | +0.8 points |
| Q3 2024 | 9.7% | +1.5 points |
IESC 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 IESC on cash flow, with more consistent year-over-year improvement.
IESC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $63.8M | -15% |
| Q1 2026 | $71.5M | +805% |
| Q4 2025 | -$18.9M | -178% |
| Q3 2025 | $112M | +43% |
| Q2 2025 | $74.8M | +14% |
| Q1 2025 | $7.9M | -71% |
| Q4 2024 | $24.1M | +31% |
| Q3 2024 | $78.5M | +54% |
IESC generated $228M in free cash flow over the past year, up 23% 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 | — |
IESC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +22.6K shares |
| 1 year | +0.5% | +187K shares |
| 3 years | -1% | -416K shares |
| 5 years | -4.2% | -1.8M shares |
| Available history | -5.2% | -2.2M shares |
IESC has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $136,000 |
| Q1 2026 | $1.7M |
| Q4 2025 | $17.7M |
| Q3 2025 | $51,000 |
| Q2 2025 | $5.3M |
| Q1 2025 | $20.5M |
| Q4 2024 | $15.7M |
| Q3 2024 | $19.7M |
IESC spent $20M buying back its own shares over the past year, down 68% 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.
IESC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | -0.2x | Net Cash |
| Q3 2025 | -0.3x | Net Cash |
| Q2 2025 | -0.2x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | -0.2x | Net Cash |
| Q3 2024 | -0.3x | Net Cash |
| Q2 2024 | -0.1x | Net Cash |
IESC has more cash than debt.
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).
IESC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.9 | Neutral |
| Stochastic | 6.6 | Oversold |
IESC's weekly RSI is 32 (neutral) and its Stochastic is 7 (oversold).
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.
IESC PE vs Industrials Sector
| Metric | IESC | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 24x | 36% below |
| PE % | 17 | 58 | 41 pts below |
IESC 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.
IESC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $245.6 | 29% below |
| 20 week MA | $299.9 | 42% below |
| 50 week MA | $279.7 | 38% below |
| 100 week MA | $211.3 | 18% below |
| 200 week MA | $132.8 | 31% above |
IESC 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.
IESC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.0 | $24.2 | +86% |
| 2021 | $24.2 | $25.5 | +5.3% |
| 2022 | $25.5 | $17.1 | -33% |
| 2023 | $17.1 | $39.6 | +132% |
| 2024 | $39.6 | $105.3 | +166% |
| 2025 | $105.3 | $201.6 | +92% |
| 2026 YTD | $201.6 | $174.2 | -14% |
IESC has the edge over BA on returns for 2026, with the stronger performance.