BA
The Boeing Company
BA has the edge over MATW overall, supported by stronger fundamentals and stronger modeled upside.
MATW
Matthews International Corporation
MATW has slightly lower modeled downside risk, despite its lower overall 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.
MATW Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Stable | |
| Weak | |
| Weak |
MATW's profitability is currently stable, but its revenue, cash flow and balance sheet are 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.
MATW PE Valuation
MATW 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 MATW on the outlook, with more favorable earnings and revenue expectations.
MATW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect MATW's earnings to decline, 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 MATW on earnings quality, reporting a profit while its opponent remains loss making.
MATW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.82 | — |
| Q2 2026 | -$0.93 | +$1.19 |
| Q1 2026 | $0.31 | +$2.86 |
| Q4 2025 | $0.71 | +$2.68 |
| Q3 2025 | -$0.79 | +$1.14 |
| Q2 2025 | -$2.12 | -349% |
| Q1 2025 | -$2.55 | -338% |
| Q4 2024 | -$1.97 | -284% |
| Q3 2024 | -$1.93 | -253% |
MATW is still losing money, but far less than before: $0.93 per share over the past year, against $5.32 at its worst in mid-2020.
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 MATW 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 MATW on profitability, with a higher operating margin.
MATW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $246M | -30% |
| Q1 2026 | $258.6M | -40% |
| Q4 2025 | $284.8M | -29% |
| Q3 2025 | $318.8M | -29% |
| Q2 2025 | $349.4M | -18% |
| Q1 2025 | $427.6M | -9.3% |
| Q4 2024 | $401.8M | -11% |
| Q3 2024 | $446.7M | -7% |
MATW's revenue has slid since its 2023 peak: $246M last quarter, down 30% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -5.4% | -27 points |
| Q1 2026 | -1.2% | -2.6 points |
| Q4 2025 | 34% | +33 points |
| Q3 2025 | -3.6% | +7.6 points |
| Q2 2025 | 22% | +20 points |
| Q1 2025 | 1.4% | -3.1 points |
| Q4 2024 | 1.4% | -0.7 points |
| Q3 2024 | -11% | -17 points |
MATW's operating margin was −5.4% last quarter, down 27 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 MATW on cash generation, producing positive trailing cash flow while its opponent burns cash.
MATW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$6.1M | +$17.2M |
| Q1 2026 | -$19.5M | -$17.1M |
| Q4 2025 | -$57.2M | -$22.7M |
| Q3 2025 | $903K | -96% |
| Q2 2025 | -$23.3M | -636% |
| Q1 2025 | -$2.4M | -105% |
| Q4 2024 | -$34.5M | +$6.8M |
| Q3 2024 | $23.9M | +$34.8M |
MATW has burned cash in six of the last eight quarters: −$82M over the past year, against −$36M 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 | — |
MATW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -49K shares |
| 1 year | 0% | +13K shares |
| 3 years | +0.6% | +194K shares |
| 5 years | -2.3% | -755K shares |
| Available history | +0.1% | +22K shares |
MATW has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $79,000 |
| Q1 2026 | $535,000 |
| Q4 2025 | $5.2M |
| Q3 2025 | $106,000 |
| Q2 2025 | $7.7M |
| Q1 2025 | $151,000 |
| Q4 2024 | $4.3M |
| Q3 2024 | $49,000 |
MATW spent $6M buying back its own shares over the past year, down 52% 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 has the edge over MATW on leverage, with a lower net debt burden relative to earnings.
MATW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 4.4x | High |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 2.2x | Moderate |
| Q3 2025 | 4.6x | High |
| Q2 2025 | 5.8x | High |
| Q1 2025 | 13.7x | High |
| Q4 2024 | 10.0x | High |
| Q3 2024 | 8.9x | High |
MATW's net debt is about 4.4 years of its operating earnings (EBITDA), down from 5.8 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).
MATW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.4 | Neutral |
| Stochastic | 8.2 | Oversold |
MATW's weekly RSI is 31 (neutral) and its Stochastic is 8 (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.
MATW PE vs Industrials Sector
| Metric | MATW | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
MATW 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.
MATW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $19.1 | 1.2% below |
| 20 week MA | $22.0 | 14% below |
| 50 week MA | $24.7 | 23% below |
| 100 week MA | $24.4 | 22% below |
| 200 week MA | $28.8 | 34% below |
MATW is in a downtrend: it's below all five of its weekly moving averages, and 34% 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 MATW on returns for 2026, with the stronger performance.
MATW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $37.5 | $27.9 | -25% |
| 2021 | $27.9 | $35.7 | +28% |
| 2022 | $35.7 | $30.5 | -15% |
| 2023 | $30.5 | $36.7 | +20% |
| 2024 | $36.7 | $27.8 | -24% |
| 2025 | $27.8 | $26.9 | -3.3% |
| 2026 YTD | $26.9 | $18.9 | -30% |
MATW has finished lower in four of the last six years. It's down 30% so far in 2026.