BA
The Boeing Company
BA has the edge over NSP overall, supported by stronger valuation and stronger fundamentals.
NSP
Insperity, Inc.
NSP 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.
NSP Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Strong |
NSP's cash flow and balance sheet are currently healthy, and its revenue and profitability 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 NSP in the historical PE scenario, which offers more potential upside but is not a forecast.
NSP PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 20x | $49.84 | — |
| Cheap | 21x | $1.87 | -96% |
| Fair | 25x | $2.25 | -95% |
| Expensive | 37x | $3.31 | -93% |
| Current | 554x | $49.84 | — |
Historical ranges are pointers, not guarantees.
NSP's PE is in its expensive range at 554x. If earnings grow as analysts expect, today's price would be 20x 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 NSP on the outlook, with more favorable revenue expectations.
NSP Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect NSP'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 the edge over NSP on earnings, with more consistent year-over-year improvement.
NSP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.51 | +2686% |
| Q3 2026 | $0.09 | -81% |
| Q2 2026 | -$0.42 | -139% |
| Q1 2026 | -$0.66 | -139% |
| Q4 2025 | -$0.19 | -108% |
| Q3 2025 | $0.47 | -85% |
| Q2 2025 | $1.07 | -75% |
| Q1 2025 | $1.69 | -59% |
| Q4 2024 | $2.42 | -46% |
NSP's earnings per share have fallen from their peak: $0.09 over the past year, against $5.29 in early 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 has the edge over NSP on profitability, with a higher operating margin.
NSP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.7B | +1.7% |
| Q2 2026 | $1.7B | +1.7% |
| Q1 2026 | $1.9B | +1.7% |
| Q4 2025 | $1.7B | +3.4% |
| Q3 2025 | $1.6B | +4% |
| Q2 2025 | $1.7B | +3.3% |
| Q1 2025 | $1.9B | +3.4% |
| Q4 2024 | $1.6B | +2.1% |
NSP's revenue has grown year over year for 23 quarters in a row: $1.7B last quarter, up 1.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -0.1% | +1.4 points |
| Q2 2026 | 0.4% | +0.8 points |
| Q1 2026 | 3.3% | -0.4 points |
| Q4 2025 | -2.8% | -1.8 points |
| Q3 2025 | -1.5% | -1.6 points |
| Q2 2025 | -0.4% | -1.8 points |
| Q1 2025 | 3.6% | -2.3 points |
| Q4 2024 | -0.9% | -2.3 points |
NSP's operating margin was −0.1% last quarter, up 1.4 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 NSP on cash flow, with more consistent year-over-year improvement.
NSP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$17M | +$3M |
| Q2 2026 | $41M | +$127M |
| Q1 2026 | -$73M | +$376M |
| Q4 2025 | $246M | -59% |
| Q3 2025 | -$20M | +$144M |
| Q2 2025 | -$86M | -714% |
| Q1 2025 | -$449M | -1827% |
| Q4 2024 | $606M | +1392% |
NSP usually generates cash, though not every quarter: the latest was −$17M, but it generated $197M 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 | — |
NSP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.6% | -1M shares |
| 1 year | 0% | -- |
| 3 years | -0.5% | -196K shares |
| 5 years | -2.3% | -881K shares |
| Available history | -5.4% | -2.2M shares |
NSP has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $6M |
| Q2 2026 | — |
| Q1 2026 | $4M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $19M |
| Q4 2024 | $11M |
NSP spent $10M buying back its own shares over the past year, down 67% 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's net debt is about 3.0 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
NSP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.9x | Net Cash |
| Q2 2026 | -4.9x | Net Cash |
| Q1 2026 | -5.8x | Net Cash |
| Q4 2025 | -7.8x | Net Cash |
| Q3 2025 | -0.8x | Net Cash |
| Q2 2025 | -0.8x | Net Cash |
| Q1 2025 | -1.5x | Net Cash |
| Q4 2024 | -4.2x | Net Cash |
NSP 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).
NSP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.7 | Neutral |
| Stochastic | 48.4 | Neutral |
NSP's weekly RSI is 56 (neutral) and its Stochastic is 48 (neutral).
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 NSP on valuation relative to its sector.
NSP PE vs Industrials Sector
| Metric | NSP | Sector median | Relative |
|---|---|---|---|
| PE | 554x | 24x | 2,201% above |
| PE % | 100 | 58 | 42 pts above |
NSP is trading at 554x earnings, a 2201% 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.
NSP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $49.7 | 0.4% above |
| 20 week MA | $50.0 | 0.3% below |
| 50 week MA | $40.0 | 25% above |
| 100 week MA | $52.0 | 4.1% below |
| 200 week MA | $78.0 | 36% below |
NSP 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.
NSP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $86.4 | $84.9 | -1.7% |
| 2021 | $84.9 | $115.0 | +35% |
| 2022 | $115.0 | $114.9 | -0.1% |
| 2023 | $114.9 | $117.2 | +2% |
| 2024 | $117.2 | $76.8 | -34% |
| 2025 | $76.8 | $38.6 | -50% |
| 2026 YTD | $38.6 | $49.8 | +29% |
NSP has the edge over BA on returns for 2026, with the stronger performance.