BA
The Boeing Company
BA offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
KNX
Knight-Swift Transportation Holdings Inc.
KNX 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.
KNX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
KNX'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 KNX in the historical PE scenario, which offers more potential upside but is not a forecast.
KNX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 13x | $11.71 | -81% |
| Forward | 16x | $61.75 | — |
| Fair | 22x | $20.68 | -67% |
| Current | 66x | $61.75 | — |
| Expensive | 121x | $112 | +82% |
Historical ranges are pointers, not guarantees.
KNX's PE is in its expensive range at 66x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its cheap range.
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.
KNX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for KNX, 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 returned to profit: it earned $9.66 per share over the past year, after losing money the year before.
KNX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.76 | +304% |
| Q3 2026 | $0.93 | +5.7% |
| Q2 2026 | $0.26 | -75% |
| Q1 2026 | $0.21 | -78% |
| Q4 2025 | $0.41 | -44% |
| Q3 2025 | $0.88 | +267% |
| Q2 2025 | $1.02 | +143% |
| Q1 2025 | $0.94 | +38% |
| Q4 2024 | $0.73 | -46% |
KNX's earnings per share have fallen from their peak: $0.93 over the past year, against $5.36 in mid-2022.
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 KNX 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.
KNX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +14% |
| Q2 2026 | $2.1B | +13% |
| Q1 2026 | $1.9B | +1.4% |
| Q4 2025 | $1.9B | -0.4% |
| Q3 2025 | $1.9B | +2.7% |
| Q2 2025 | $1.9B | +0.8% |
| Q1 2025 | $1.8B | +0.1% |
| Q4 2024 | $1.9B | -3.5% |
KNX's revenue has picked up after three years of holding roughly level: $2.2B last quarter, up 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.1% | +5.5 points |
| Q2 2026 | 5% | +1.1 points |
| Q1 2026 | 1.5% | -2.1 points |
| Q4 2025 | 1.4% | -2.8 points |
| Q3 2025 | 2.6% | -1.7 points |
| Q2 2025 | 3.9% | +0.5 points |
| Q1 2025 | 3.6% | +2.5 points |
| Q4 2024 | 4.2% | +3.2 points |
KNX 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 KNX on cash flow, with more consistent year-over-year improvement.
KNX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $349.5M | +61% |
| Q2 2026 | $307.8M | +42% |
| Q1 2026 | $142.5M | +30% |
| Q4 2025 | $723.2M | +164% |
| Q3 2025 | $217.5M | +1.6% |
| Q2 2025 | $216.5M | -21% |
| Q1 2025 | $109.4M | +194% |
| Q4 2024 | $274.3M | -4.8% |
KNX's free cash flow has been positive every quarter for seven years: $1.5B over the past year, up 86% 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 | — |
KNX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +17K shares |
| 1 year | +0.4% | +653K shares |
| 3 years | +0.9% | +1.4M shares |
| 5 years | -2.3% | -3.8M shares |
| Available history | -5.1% | -8.8M shares |
KNX has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | $155.1M |
| Q1 2022 | $144.9M |
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.
KNX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.0x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 1.6x | Healthy |
| Q4 2025 | 1.5x | Healthy |
| Q3 2025 | 1.6x | Healthy |
| Q2 2025 | 1.5x | Healthy |
| Q1 2025 | 1.5x | Healthy |
| Q4 2024 | 1.6x | Healthy |
KNX 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).
KNX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.1 | Neutral |
| Stochastic | 11.0 | Oversold |
KNX's weekly RSI is 44 (neutral) and its Stochastic is 11 (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 KNX on valuation relative to its sector.
KNX PE vs Industrials Sector
| Metric | KNX | Sector median | Relative |
|---|---|---|---|
| PE | 66x | 24x | 176% above |
| PE % | 77 | 58 | 19 pts above |
KNX is trading at 66x earnings, a 176% 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.
KNX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $62.7 | 1.6% below |
| 20 week MA | $68.0 | 9.2% below |
| 50 week MA | $64.3 | 3.9% below |
| 100 week MA | $55.0 | 12% above |
| 200 week MA | $54.5 | 13% above |
KNX 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.
KNX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $35.8 | $42.2 | +18% |
| 2021 | $42.2 | $59.0 | +40% |
| 2022 | $59.0 | $52.4 | -11% |
| 2023 | $52.4 | $57.7 | +10% |
| 2024 | $57.7 | $53.6 | -7% |
| 2025 | $53.6 | $53.3 | -0.6% |
| 2026 YTD | $53.3 | $61.8 | +16% |
KNX has the edge over BA on returns for 2026, with the stronger performance.