BA
The Boeing Company
BA has a slight edge over MAGN overall, supported by lower modeled downside and stronger fundamentals.
MAGN
Magnera Corp.
MAGN 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.
MAGN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Weak |
MAGN's cash flow is currently healthy, and its revenue and profitability are stable, but its balance sheet is weak.
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.
MAGN PE Valuation
MAGN 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 |
BA has the edge over MAGN on the outlook, with more favorable revenue and profitability expectations.
MAGN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect MAGN's earnings to grow, with its revenue and profitability holding steady.
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 MAGN on earnings quality, reporting a profit while its opponent remains loss making.
MAGN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.21 | — |
| Q2 2026 | -$3.13 | +$4.51 |
| Q1 2026 | -$3.08 | +$8.86 |
| Q4 2025 | -$3.73 | +$14.60 |
| Q3 2025 | -$4.47 | +$14.64 |
| Q2 2025 | -$7.64 | +$12.77 |
| Q1 2025 | -$11.94 | +$14.45 |
| Q4 2024 | -$18.33 | +$4.42 |
| Q3 2024 | -$19.11 | +$11.12 |
MAGN is still losing money, but far less than before: $3.13 per share over the past year, against $39.07 at its worst in mid-2023.
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.
MAGN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $857M | +2.1% |
| Q1 2026 | $796M | -3.4% |
| Q4 2025 | $792M | +13% |
| Q3 2025 | $839M | +153% |
| Q2 2025 | $839M | +155% |
| Q1 2025 | $824M | +152% |
| Q4 2024 | $702M | +119% |
| Q3 2024 | $332.1M | +0.7% |
MAGN has the edge over BA on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 2.6% | +1 points |
| Q1 2026 | 2.1% | +1.7 points |
| Q4 2025 | 1.8% | +4.9 points |
| Q3 2025 | 1.2% | +0.3 points |
| Q2 2025 | 1.6% | -0.7 points |
| Q1 2025 | 0.5% | +1 points |
| Q4 2024 | -3.1% | -4.5 points |
| Q3 2024 | 0.9% | +0.1 points |
MAGN 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 MAGN on cash flow, with more consistent year-over-year improvement.
MAGN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$28M | -$15M |
| Q1 2026 | $73M | +74% |
| Q4 2025 | -$13M | +$61M |
| Q3 2025 | $81M | +2130% |
| Q2 2025 | -$13M | -279% |
| Q1 2025 | $42M | +$83M |
| Q4 2024 | -$74M | -1049% |
| Q3 2024 | $3.6M | +10% |
MAGN's free cash flow has turned positive again: $113M over the past year, against −$41M 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 | — |
MAGN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +0.8% | +300K shares |
| 3 years | +936% | +32.4M shares |
| 5 years | +940% | +32.4M shares |
| Available history | +950% | +32.5M shares |
MAGN has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| 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 has the edge over MAGN on leverage, with a lower net debt burden relative to earnings.
MAGN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 6.5x | High |
| Q1 2026 | 6.4x | High |
| Q4 2025 | 6.9x | High |
| Q3 2025 | 7.8x | High |
| Q2 2025 | 9.4x | High |
| Q1 2025 | 12.8x | High |
| Q4 2024 | 20.5x | High |
| Q3 2024 | 11.1x | High |
MAGN's net debt is about 6.5 years of its operating earnings (EBITDA), down from 9.4 years 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).
MAGN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.7 | Neutral |
| Stochastic | 58.2 | Neutral |
MAGN's weekly RSI is 57 (neutral) and its Stochastic is 58 (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.
MAGN PE vs Industrials Sector
| Metric | MAGN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
MAGN 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.
MAGN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $11.9 | 8.8% above |
| 20 week MA | $12.4 | 4.9% above |
| 50 week MA | $12.3 | 5.4% above |
| 100 week MA | $13.4 | 2.8% below |
| 200 week MA | $21.1 | 39% below |
MAGN 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.
MAGN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $237.3 | $218.9 | -7.7% |
| 2021 | $218.9 | $220.7 | +0.8% |
| 2022 | $220.7 | $37.2 | -83% |
| 2023 | $37.2 | $25.2 | -32% |
| 2024 | $25.2 | $18.3 | -27% |
| 2025 | $18.3 | $15.1 | -18% |
| 2026 YTD | $15.1 | $13.0 | -14% |
MAGN has the edge over BA on returns for 2026, with the stronger performance.