BA
The Boeing Company
BA offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
ODFL
Old Dominion Freight Line, Inc.
ODFL 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.
ODFL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
ODFL's revenue, profitability, cash flow and balance sheet are all currently healthy.
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 ODFL in the historical PE scenario, which offers more potential upside but is not a forecast.
ODFL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 26x | $172 | — |
| Cheap | 27x | $150 | -12% |
| Current | 31x | $172 | — |
| Fair | 34x | $188 | +9.7% |
| Expensive | 40x | $225 | +31% |
Historical ranges are pointers, not guarantees.
ODFL's PE is in its fair range at 31x. If earnings grow as analysts expect, today's price would be 26x next year's earnings, in its cheap range.
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.
ODFL Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ODFL, 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 the edge over ODFL on earnings, with more consistent year-over-year improvement.
ODFL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.62 | +19% |
| Q3 2026 | $5.57 | +12% |
| Q2 2026 | $5.20 | +1.6% |
| Q1 2026 | $4.79 | -10% |
| Q4 2025 | $4.84 | -12% |
| Q3 2025 | $4.97 | -13% |
| Q2 2025 | $5.12 | -12% |
| Q1 2025 | $5.33 | -6.2% |
| Q4 2024 | $5.48 | -2.7% |
ODFL earned $5.57 per share over the past year, up 12% from 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 has the edge over ODFL 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.
ODFL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.6B | +13% |
| Q2 2026 | $1.6B | +10% |
| Q1 2026 | $1.3B | -2.9% |
| Q4 2025 | $1.3B | -5.7% |
| Q3 2025 | $1.4B | -4.3% |
| Q2 2025 | $1.4B | -6.1% |
| Q1 2025 | $1.4B | -5.8% |
| Q4 2024 | $1.4B | -7.3% |
ODFL's revenue grew through 2023 and has held roughly level since: $1.6B last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 28% | +2.8 points |
| Q2 2026 | 30% | +4.5 points |
| Q1 2026 | 24% | -0.8 points |
| Q4 2025 | 23% | -0.8 points |
| Q3 2025 | 26% | -1.7 points |
| Q2 2025 | 25% | -2.7 points |
| Q1 2025 | 25% | -1.9 points |
| Q4 2024 | 24% | -4 points |
ODFL 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 ODFL on cash flow, with more consistent year-over-year improvement.
ODFL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $402.4M | +17% |
| Q2 2026 | $195.7M | +98% |
| Q1 2026 | $311.1M | +25% |
| Q4 2025 | $264.5M | +15% |
| Q3 2025 | $343.5M | +69% |
| Q2 2025 | $98.7M | -34% |
| Q1 2025 | $248.4M | -18% |
| Q4 2024 | $230.1M | -30% |
ODFL's free cash flow has been positive every quarter for seven years: $1.2B over the past year, up 27% from 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 | — |
ODFL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -593K shares |
| 1 year | -1.3% | -2.8M shares |
| 3 years | -5.3% | -11.5M shares |
| 5 years | -10% | -24.2M shares |
| Available history | -14% | -33.1M shares |
ODFL has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $160.9M |
| Q2 2026 | $151.6M |
| Q1 2026 | $88.1M |
| Q4 2025 | $124.9M |
| Q3 2025 | $180.8M |
| Q2 2025 | $223.5M |
| Q1 2025 | $201.1M |
| Q4 2024 | $182.5M |
ODFL spent $526M buying back its own shares over the past year, down 33% 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.
ODFL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.2x | Net Cash |
| Q1 2026 | -0.2x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | 0.0x | Very low |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.0x | Net Cash |
| Q4 2024 | -0.0x | Net Cash |
ODFL 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).
ODFL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.5 | Neutral |
| Stochastic | 8.0 | Oversold |
ODFL's weekly RSI is 40 (neutral) and its Stochastic is 8 (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 ODFL on valuation relative to its sector.
ODFL PE vs Industrials Sector
| Metric | ODFL | Sector median | Relative |
|---|---|---|---|
| PE | 31x | 24x | 28% above |
| PE % | 35 | 58 | 23 pts below |
ODFL is trading at 31x earnings, a 28% 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.
ODFL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $176.9 | 3% below |
| 20 week MA | $195.5 | 12% below |
| 50 week MA | $195.2 | 12% below |
| 100 week MA | $177.6 | 3.3% below |
| 200 week MA | $184.6 | 7% below |
ODFL is in a downtrend: it's below all five of its weekly moving averages, and 7% 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 finished lower in four of the last six years. It's down 21% so far in 2026.
ODFL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $63.0 | $99.1 | +57% |
| 2021 | $99.1 | $174.2 | +76% |
| 2022 | $174.2 | $143.1 | -18% |
| 2023 | $143.1 | $202.7 | +42% |
| 2024 | $202.7 | $180.2 | -11% |
| 2025 | $180.2 | $159.5 | -12% |
| 2026 YTD | $159.5 | $171.7 | +7.6% |
ODFL has the edge over BA on returns for 2026, with the stronger performance.