BA
The Boeing Company
BA has a slight edge over MTRX overall, supported by stronger fundamentals and lower modeled downside.
MTRX
Matrix Service Company
MTRX's outlook is improving, though it still trails on the 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.
MTRX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Under pressure | |
| Strong |
MTRX's profitability and balance sheet are currently healthy, and its revenue is stable, but its cash flow is 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 has the edge over MTRX in the historical PE scenario, which offers more potential upside but is not a forecast.
MTRX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 14x | $9.26 | — |
| Cheap | 18x | $4.65 | -50% |
| Fair | 19x | $4.84 | -48% |
| Expensive | 22x | $5.74 | -38% |
| Current | 36x | $9.26 | — |
Historical ranges are pointers, not guarantees.
MTRX's PE is 36x, but its earnings don't support one, so it isn't a reliable read right now.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
BA has the edge over MTRX on the outlook, with more favorable revenue expectations.
MTRX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect MTRX's earnings to grow and its profitability to improve, with its revenue 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 returned to profit: it earned $9.66 per share over the past year, after losing money the year before.
MTRX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.67 | +156% |
| Q3 2026 | $0.26 | +$1.12 |
| Q2 2026 | -$0.09 | +$0.97 |
| Q1 2026 | -$0.54 | +$0.27 |
| Q4 2025 | -$0.69 | +$0.53 |
| Q3 2025 | -$0.86 | +$0.26 |
| Q2 2025 | -$1.06 | -$0.15 |
| Q1 2025 | -$0.81 | -$0.05 |
| Q4 2024 | -$1.22 | -$0.52 |
MTRX 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.
MTRX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $219.4M | +3.5% |
| Q2 2026 | $244.5M | +13% |
| Q1 2026 | $206.7M | +3.3% |
| Q4 2025 | $210.5M | +12% |
| Q3 2025 | $211.9M | +28% |
| Q2 2025 | $216.4M | +14% |
| Q1 2025 | $200.2M | +21% |
| Q4 2024 | $187.2M | +6.9% |
MTRX's revenue has grown year over year for eight quarters in a row: $219M last quarter, up 3.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2% | +4.6 points |
| Q2 2026 | -0.4% | +5.6 points |
| Q1 2026 | -0.5% | +2 points |
| Q4 2025 | -1% | +2.4 points |
| Q3 2025 | -2.6% | +3.9 points |
| Q2 2025 | -6% | -3.1 points |
| Q1 2025 | -2.5% | +6.2 points |
| Q4 2024 | -3.4% | -0.5 points |
MTRX 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 MTRX on cash generation, producing positive trailing cash flow while its opponent burns cash.
MTRX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$37.7M | -$9.8M |
| Q2 2026 | -$10.2M | -127% |
| Q1 2026 | $33.2M | +16% |
| Q4 2025 | $6.3M | -81% |
| Q3 2025 | -$27.9M | -380% |
| Q2 2025 | $38.4M | -16% |
| Q1 2025 | $28.7M | +43% |
| Q4 2024 | $32.7M | +12% |
MTRX's free cash flow was −$8M over the past year, against $72M 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 | — |
MTRX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.7% | +200K shares |
| 1 year | +1.7% | +487K shares |
| 3 years | +5.1% | +1.4M shares |
| 5 years | +7.1% | +1.9M shares |
| Available history | +5.8% | +1.6M shares |
MTRX has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.5M |
| Q2 2021 | — |
| Q1 2021 | — |
| Q2 2020 | — |
| Q1 2020 | $7.1M |
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.
MTRX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -21.9x | Net Cash |
| Q1 2020 | -10.3x | Net Cash |
| Q4 2019 | -3.7x | Net Cash |
MTRX 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).
MTRX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.1 | Neutral |
| Stochastic | 18.8 | Oversold |
MTRX's weekly RSI is 34 (neutral) and its Stochastic is 19 (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 MTRX on valuation relative to its sector.
MTRX PE vs Industrials Sector
| Metric | MTRX | Sector median | Relative |
|---|---|---|---|
| PE | 36x | 24x | 48% above |
MTRX is trading at 36x earnings, a 48% premium to the Industrials sector's median of 24x, though its earnings don't support one.
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.
MTRX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.82 | 5.7% below |
| 20 week MA | $10.8 | 14% below |
| 50 week MA | $11.7 | 21% below |
| 100 week MA | $12.4 | 25% below |
| 200 week MA | $10.9 | 15% below |
MTRX is in a downtrend: it's below all five of its weekly moving averages, and 15% 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 MTRX on returns for 2026, with the stronger performance.
MTRX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.4 | $11.7 | -48% |
| 2021 | $11.7 | $7.14 | -39% |
| 2022 | $7.14 | $6.16 | -14% |
| 2023 | $6.16 | $9.78 | +59% |
| 2024 | $9.78 | $11.9 | +22% |
| 2025 | $11.9 | $11.8 | -1.6% |
| 2026 YTD | $11.8 | $9.26 | -21% |
MTRX has finished lower in four of the last six years. It's down 21% so far in 2026.