BA
The Boeing Company
BA's outlook is improving, though it still trails on the overall score.
MTZ
MasTec, Inc.
MTZ has the edge over BA overall, supported by stronger modeled upside and stronger valuation.
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.
MTZ Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Stable |
MTZ's revenue and profitability are currently healthy, and its 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 MTZ in the historical PE scenario, which offers more potential upside but is not a forecast.
MTZ PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $91.45 | -51% |
| Forward | 16x | $185 | — |
| Current | 30x | $185 | — |
| Fair | 32x | $195 | +5.1% |
| Expensive | 68x | $416 | +125% |
Historical ranges are pointers, not guarantees.
MTZ's PE is in its fair range at 30x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its cheap range.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
BA has the edge over MTZ on the outlook, with more favorable profitability expectations.
MTZ Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for MTZ, with profitability holding steady. However, they disagree widely on these estimates.
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.
MTZ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $11.54 | +89% |
| Q3 2026 | $6.12 | +45% |
| Q2 2026 | $6.27 | +86% |
| Q1 2026 | $5.71 | +110% |
| Q4 2025 | $5.07 | +146% |
| Q3 2025 | $4.21 | +269% |
| Q2 2025 | $3.38 | +2973% |
| Q1 2025 | $2.72 | +$2.84 |
| Q4 2024 | $2.06 | +$2.70 |
MTZ 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.
MTZ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $5.2B | +30% |
| Q2 2026 | $4.4B | +23% |
| Q1 2026 | $3.8B | +34% |
| Q4 2025 | $3.9B | +16% |
| Q3 2025 | $4B | +22% |
| Q2 2025 | $3.5B | +20% |
| Q1 2025 | $2.8B | +6% |
| Q4 2024 | $3.4B | +3.8% |
MTZ has the edge over BA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.3% | 0 points |
| Q2 2026 | 5.2% | +1.8 points |
| Q1 2026 | 3.7% | +3.4 points |
| Q4 2025 | 4.4% | +1.6 points |
| Q3 2025 | 5.3% | +1.1 points |
| Q2 2025 | 3.4% | +1.3 points |
| Q1 2025 | 0.3% | +2 points |
| Q4 2024 | 2.8% | +2.8 points |
MTZ 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 MTZ on cash flow, with more consistent year-over-year improvement.
MTZ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $180.1M | +789% |
| Q2 2026 | -$70.1M | -$11.9M |
| Q1 2026 | $2.1M | -93% |
| Q4 2025 | $292.5M | -31% |
| Q3 2025 | $20.3M | -91% |
| Q2 2025 | -$58.2M | -125% |
| Q1 2025 | $31.1M | -62% |
| Q4 2024 | $423.4M | -7% |
MTZ still generates free cash flow, though less than at its 2023 peak: $405M 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 | — |
MTZ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.2% | +950K shares |
| 1 year | +1.5% | +1.2M shares |
| 3 years | +1.7% | +1.4M shares |
| 5 years | +7.9% | +5.8M shares |
| Available history | +5.2% | +4M shares |
MTZ has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $50.5M |
| Q1 2025 | $26.8M |
| Q4 2023 | — |
MTZ hasn't bought back shares in the past year.
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.
MTZ Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.7x | Moderate |
| Q2 2026 | 2.0x | Moderate |
| Q1 2026 | 2.1x | Moderate |
| Q4 2025 | 2.1x | Moderate |
| Q3 2025 | 2.5x | Moderate |
| Q2 2025 | 2.6x | Moderate |
| Q1 2025 | 2.4x | Moderate |
| Q4 2024 | 2.4x | Moderate |
MTZ 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).
MTZ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.5 | Neutral |
| Stochastic | 17.1 | Oversold |
MTZ's weekly RSI is 33 (neutral) and its Stochastic is 17 (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 MTZ on valuation relative to its sector.
MTZ PE vs Industrials Sector
| Metric | MTZ | Sector median | Relative |
|---|---|---|---|
| PE | 30x | 24x | 26% above |
| PE % | 49 | 58 | 9 pts below |
MTZ is trading at 30x earnings, a 26% 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.
MTZ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $193.6 | 4.4% below |
| 20 week MA | $249.7 | 26% below |
| 50 week MA | $286.1 | 35% below |
| 100 week MA | $224.3 | 17% below |
| 200 week MA | $160.4 | 15% above |
MTZ 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.
MTZ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $63.8 | $69.9 | +9.6% |
| 2021 | $69.9 | $91.3 | +31% |
| 2022 | $91.3 | $85.0 | -6.9% |
| 2023 | $85.0 | $75.7 | -11% |
| 2024 | $75.7 | $135.7 | +79% |
| 2025 | $135.7 | $224.4 | +65% |
| 2026 YTD | $224.4 | $185.1 | -18% |
MTZ has the edge over BA on returns for 2026, with the stronger performance.