BA
The Boeing Company
BA offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
MTW
The Manitowoc Company, Inc.
MTW has a slight 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.
MTW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Stable |
MTW's revenue is currently healthy, and its profitability, cash flow and balance sheet are stable.
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 MTW in the historical PE scenario, which offers more potential upside but is not a forecast.
MTW PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.9x | $5.69 | -77% |
| Forward | 18x | $24.38 | — |
| Fair | 22x | $15.81 | -35% |
| Current | 34x | $24.38 | — |
| Expensive | 50x | $36.03 | +48% |
Historical ranges are pointers, not guarantees.
MTW's PE is in its fair range at 34x. If earnings grow as analysts expect, today's price would be 18x next year's earnings.
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.
MTW Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for MTW, 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.
MTW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.38 | +92% |
| Q3 2026 | $0.72 | -55% |
| Q2 2026 | $0.56 | -56% |
| Q1 2026 | $0.21 | -83% |
| Q4 2025 | $0.20 | -87% |
| Q3 2025 | $1.60 | +$1.87 |
| Q2 2025 | $1.26 | +473% |
| Q1 2025 | $1.26 | +68% |
| Q4 2024 | $1.56 | +43% |
MTW's earnings per share have fallen from their peak: $0.72 over the past year, against $1.84 in early 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 MTW 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.
MTW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $613.8M | +11% |
| Q2 2026 | $594.9M | +10% |
| Q1 2026 | $494.6M | +5% |
| Q4 2025 | $677.1M | +14% |
| Q3 2025 | $553.4M | +5.4% |
| Q2 2025 | $539.5M | -4% |
| Q1 2025 | $470.9M | -4.9% |
| Q4 2024 | $596M | 0% |
MTW's revenue has grown year over year for five quarters in a row: $614M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.2% | +1.8 points |
| Q2 2026 | 5.2% | +3.4 points |
| Q1 2026 | 0.6% | -0.5 points |
| Q4 2025 | 3% | +0.3 points |
| Q3 2025 | 3.3% | +1.9 points |
| Q2 2025 | 1.8% | -0.5 points |
| Q1 2025 | 1.1% | -1.9 points |
| Q4 2024 | 2.7% | +1.1 points |
MTW 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 MTW on cash flow, with more consistent year-over-year improvement.
MTW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$42.1M | -$20.1M |
| Q2 2026 | -$6.1M | +$67.6M |
| Q1 2026 | $19.2M | +814% |
| Q4 2025 | $78.3M | -23% |
| Q3 2025 | -$22M | +$30.9M |
| Q2 2025 | -$73.7M | -$71.8M |
| Q1 2025 | $2.1M | +$44.9M |
| Q4 2024 | $101.1M | +353% |
MTW usually generates cash, though not every quarter: the latest was −$42M, but it generated $49M over the past year.
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 | — |
MTW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +369K shares |
| 1 year | +1.7% | +634K shares |
| 3 years | +3.1% | +1.1M shares |
| 5 years | +5.3% | +1.9M shares |
| Available history | +3.5% | +1.3M shares |
MTW has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | $5.7M |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
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.
MTW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.8x | Moderate |
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 3.3x | Elevated |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 4.2x | High |
| Q2 2025 | 4.4x | High |
| Q1 2025 | 3.4x | Elevated |
| Q4 2024 | 3.0x | Moderate |
MTW 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).
MTW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 71.0 | Overbought |
| Stochastic | 84.3 | Overbought |
MTW's weekly RSI is 71 (overbought) and its Stochastic is 84 (overbought).
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 MTW on valuation relative to its sector.
MTW PE vs Industrials Sector
| Metric | MTW | Sector median | Relative |
|---|---|---|---|
| PE | 34x | 24x | 41% above |
| PE % | 59 | 58 | 1 pt above |
MTW is trading at 34x earnings, a 41% 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.
MTW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.6 | 8% above |
| 20 week MA | $19.5 | 25% above |
| 50 week MA | $15.6 | 56% above |
| 100 week MA | $12.9 | 89% above |
| 200 week MA | $13.4 | 82% above |
MTW 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.
MTW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.5 | $13.3 | -24% |
| 2021 | $13.3 | $18.6 | +40% |
| 2022 | $18.6 | $9.47 | -49% |
| 2023 | $9.47 | $16.7 | +76% |
| 2024 | $16.7 | $8.77 | -47% |
| 2025 | $8.77 | $12.6 | +44% |
| 2026 YTD | $12.6 | $24.4 | +93% |
MTW has the edge over BA on returns for 2026, with the stronger performance.