BA
The Boeing Company
BA has the edge over LIQT overall, supported by stronger fundamentals and lower modeled downside.
LIQT
LiqTech International, Inc.
LIQT offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
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.
LIQT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Weak | |
| Strong |
LIQT's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are 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.
LIQT PE Valuation
LIQT 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.
LIQT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect LIQT's losses to shrink, with revenue growing.
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 LIQT on earnings quality, reporting a profit while its opponent remains loss making.
LIQT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.74 | +$0.26 |
| Q2 2026 | -$0.84 | +$0.50 |
| Q1 2026 | -$0.92 | +$0.56 |
| Q4 2025 | -$0.89 | +$0.75 |
| Q3 2025 | -$1.00 | +$0.82 |
| Q2 2025 | -$1.34 | +$0.24 |
| Q1 2025 | -$1.48 | +$0.01 |
| Q4 2024 | -$1.64 | -$0.16 |
LIQT is still losing money, but far less than before: $0.74 per share over the past year, against $5.20 at its worst 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 LIQT 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 has the edge over LIQT on profitability, with a higher operating margin.
LIQT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.4M | +15% |
| Q2 2026 | $4.4M | -12% |
| Q1 2026 | $4.1M | -10% |
| Q4 2025 | $3.1M | -8.2% |
| Q3 2025 | $3.8M | +54% |
| Q2 2025 | $5M | +11% |
| Q1 2025 | $4.6M | +9% |
| Q4 2024 | $3.4M | -13% |
LIQT's revenue is recovering but still below its 2020 peak: $4M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -41% | -5.8 points |
| Q2 2026 | -53% | -11 points |
| Q1 2026 | -55% | -7.7 points |
| Q4 2025 | -86% | -4.6 points |
| Q3 2025 | -35% | +70 points |
| Q2 2025 | -43% | +4 points |
| Q1 2025 | -47% | +1 points |
| Q4 2024 | -81% | -23 points |
LIQT's operating margin was −41% last quarter, down 5.8 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% |
BA has the edge over LIQT on cash generation, producing positive trailing cash flow while its opponent burns cash.
LIQT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$890.3K | +$305.5K |
| Q2 2026 | -$3.1M | -$1.6M |
| Q1 2026 | -$2.2M | -$750.5K |
| Q4 2025 | -$2.3M | +$98.6K |
| Q3 2025 | -$1.2M | +$918.2K |
| Q2 2025 | -$1.5M | +$496.1K |
| Q1 2025 | -$1.5M | +$885.5K |
| Q4 2024 | -$2.4M | -$553.5K |
LIQT has burned cash in almost every quarter: −$9M over the past year, against −$7M 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 the edge over LIQT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
LIQT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +84% | +17.4M shares |
| 1 year | +298% | +28.6M shares |
| 3 years | +576% | +32.6M shares |
| 5 years | +1312% | +35.5M shares |
| Available history | +1456% | +35.8M shares |
LIQT has 38M diluted shares, up 298% from a year ago.
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.
LIQT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2020 | -2.6x | Net Cash |
| Q4 2019 | -7.4x | Net Cash |
LIQT 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).
LIQT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 27.4 | Oversold |
| Stochastic | 5.1 | Oversold |
LIQT's weekly RSI is 27 (oversold) and its Stochastic is 5 (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.
LIQT PE vs Industrials Sector
| Metric | LIQT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
LIQT 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.
LIQT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.39 | 28% below |
| 20 week MA | $0.55 | 49% below |
| 50 week MA | $1.22 | 77% below |
| 100 week MA | $1.54 | 82% below |
| 200 week MA | $2.33 | 88% below |
LIQT is in a downtrend: it's below all five of its weekly moving averages, and 88% below its 200-week average.
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 the edge over LIQT on returns for 2026, with the stronger performance.
LIQT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $42.9 | $66.3 | +55% |
| 2021 | $66.3 | $46.4 | -30% |
| 2022 | $46.4 | $3.04 | -93% |
| 2023 | $3.04 | $3.41 | +12% |
| 2024 | $3.41 | $1.89 | -45% |
| 2025 | $1.89 | $1.57 | -17% |
| 2026 YTD | $1.57 | $0.28 | -82% |
LIQT has finished lower in four of the last six years. It's down 82% so far in 2026.