BA
The Boeing Company
BA has the edge over NX overall, supported by stronger valuation and stronger fundamentals.
NX
Quanex Building Products Corporation
NX 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.
NX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
NX's profitability and cash flow are currently healthy, and its revenue 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 NX in the historical PE scenario, which offers more potential upside but is not a forecast.
NX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 9.8x | $19.34 | — |
| Cheap | 11x | $11.12 | -42% |
| Fair | 13x | $13.42 | -31% |
| Current | 18x | $19.34 | — |
| Expensive | 21x | $21.85 | +13% |
Historical ranges are pointers, not guarantees.
NX's PE is in its expensive range at 18x. If earnings grow as analysts expect, today's price would be 9.8x 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 NX on the outlook, with more favorable revenue expectations.
NX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect NX'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 NX on earnings, with more consistent year-over-year improvement.
NX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.98 | +88% |
| Q3 2026 | $1.05 | +$7.49 |
| Q2 2026 | -$5.57 | -1605% |
| Q1 2026 | -$5.20 | -1433% |
| Q4 2025 | -$5.43 | -703% |
| Q3 2025 | -$6.44 | -386% |
| Q2 2025 | $0.37 | -85% |
| Q1 2025 | $0.39 | -85% |
| Q4 2024 | $0.90 | -64% |
NX has returned to profit: it earned $1.05 per share over the past year, after losing money the year before.
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.
NX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $501.8M | +1.3% |
| Q2 2026 | $462.4M | +2.2% |
| Q1 2026 | $409.1M | +2.3% |
| Q4 2025 | $489.8M | -0.5% |
| Q3 2025 | $495.3M | +77% |
| Q2 2025 | $452.5M | +70% |
| Q1 2025 | $400M | +67% |
| Q4 2024 | $492.2M | +67% |
NX has the edge over BA on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.3% | +64 points |
| Q2 2026 | 4% | -5 points |
| Q1 2026 | 0.7% | +2.4 points |
| Q4 2025 | 8.8% | +8.2 points |
| Q3 2025 | -55% | -63 points |
| Q2 2025 | 9% | +1.3 points |
| Q1 2025 | -1.7% | -5 points |
| Q4 2024 | 0.6% | -13 points |
NX 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 NX on cash flow, with more consistent year-over-year improvement.
NX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $47.8M | +3.5% |
| Q2 2026 | $7.9M | -42% |
| Q1 2026 | -$31.5M | -$7.4M |
| Q4 2025 | $66.6M | +$74.8M |
| Q3 2025 | $46.2M | +15% |
| Q2 2025 | $13.6M | -47% |
| Q1 2025 | -$24.1M | -$18.4M |
| Q4 2024 | -$8.2M | -128% |
NX generated $91M in free cash flow over the past year, about three times what it generated 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 | — |
NX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -10K shares |
| 1 year | -0.1% | -43K shares |
| 3 years | +38% | +12.6M shares |
| 5 years | +36% | +12M shares |
| Available history | +38% | +12.7M shares |
NX has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.7M |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $3.1M |
| Q3 2025 | $2.1M |
| Q2 2025 | $23.5M |
| Q1 2025 | $3.7M |
| Q4 2024 | — |
NX spent $5M buying back its own shares over the past year, down 84% 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.
NX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.9x | Moderate |
| Q2 2025 | 5.0x | High |
| Q1 2025 | 6.2x | High |
| Q4 2024 | 5.8x | High |
| Q3 2024 | -0.3x | Net Cash |
| Q2 2024 | -0.0x | Net Cash |
| Q1 2024 | 0.1x | Very low |
| Q4 2023 | 0.1x | Very low |
NX 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).
NX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.9 | Neutral |
| Stochastic | 46.9 | Neutral |
NX's weekly RSI is 50 (neutral) and its Stochastic is 47 (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 NX on valuation relative to its sector.
NX PE vs Industrials Sector
| Metric | NX | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 23% below |
| PE % | 74 | 58 | 16 pts above |
NX is trading at 18x earnings, a 23% discount 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.
NX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $19.6 | 1.2% below |
| 20 week MA | $19.7 | 1.6% below |
| 50 week MA | $18.7 | 3.3% above |
| 100 week MA | $18.6 | 4% above |
| 200 week MA | $23.6 | 18% below |
NX 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.
NX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.3 | $22.6 | +30% |
| 2021 | $22.6 | $24.5 | +8.8% |
| 2022 | $24.5 | $23.8 | -3.2% |
| 2023 | $23.8 | $30.6 | +29% |
| 2024 | $30.6 | $24.5 | -20% |
| 2025 | $24.5 | $15.3 | -37% |
| 2026 YTD | $15.3 | $19.3 | +26% |
NX has the edge over BA on returns for 2026, with the stronger performance.