BA
The Boeing Company
BA has slightly lower modeled downside risk, despite its lower overall score.
PBI
Pitney Bowes Inc.
PBI has the edge over BA overall, supported by stronger valuation and stronger fundamentals.
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.
PBI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Weak |
PBI's profitability and cash flow are currently strong, and its revenue is stable, but its balance sheet is weak.
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 PBI in the historical PE scenario, which offers more potential upside but is not a forecast.
PBI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 9.7x | $15.64 | — |
| Current | 12x | $15.64 | — |
| Cheap | 13x | $16.34 | +4.5% |
| Fair | 17x | $22.35 | +43% |
| Expensive | 65x | $84.89 | +443% |
Historical ranges are pointers, not guarantees.
PBI's PE is in its cheap range at 12x. If earnings grow as analysts expect, today's price would be 9.7x next year's earnings.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
BA has the edge over PBI on the outlook, with more favorable revenue expectations.
PBI Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect PBI'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 returned to profit: it earned $9.66 per share over the past year, after losing money the year before.
PBI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.61 | +24% |
| Q3 2026 | $1.30 | +189% |
| Q2 2026 | $1.23 | +$1.83 |
| Q1 2026 | $1.04 | +$1.95 |
| Q4 2025 | $0.84 | +$1.96 |
| Q3 2025 | $0.45 | +$2.64 |
| Q2 2025 | -$0.60 | +$0.91 |
| Q1 2025 | -$0.91 | +$1.27 |
| Q4 2024 | -$1.12 | +$1.08 |
PBI 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 has the edge over PBI 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.
PBI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $456.2M | -0.8% |
| Q2 2026 | $451.5M | -2.3% |
| Q1 2026 | $477.4M | -3.2% |
| Q4 2025 | $477.6M | -7.5% |
| Q3 2025 | $459.7M | -8% |
| Q2 2025 | $461.9M | -42% |
| Q1 2025 | $493.4M | -41% |
| Q4 2024 | $516.1M | -41% |
PBI's revenue fell from its 2020 peak and has held roughly level since: $456M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +0.5 points |
| Q2 2026 | 15% | +6 points |
| Q1 2026 | 17% | +7.4 points |
| Q4 2025 | 8% | +17 points |
| Q3 2025 | 15% | +24 points |
| Q2 2025 | 8.5% | +13 points |
| Q1 2025 | 9.5% | +8.3 points |
| Q4 2024 | -9.3% | +17 points |
PBI 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's free cash flow has turned positive after six years mostly in the red: $16M over the past year.
PBI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $140.4M | +175% |
| Q2 2026 | $134.4M | +37% |
| Q1 2026 | $28.3M | +$61.9M |
| Q4 2025 | $201.4M | +79% |
| Q3 2025 | $51.1M | +875% |
| Q2 2025 | $98M | +37% |
| Q1 2025 | -$33.6M | -$1.1M |
| Q4 2024 | $112.3M | +64% |
PBI generated $505M in free cash flow over the past year, up 121% 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 | — |
PBI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.2% | +1.7M shares |
| 1 year | -17% | -29.6M shares |
| 3 years | -20% | -35.4M shares |
| 5 years | -22% | -38.7M shares |
| Available history | -21% | -36.7M shares |
PBI has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $17.3M |
| Q2 2026 | $52.8M |
| Q1 2026 | $135.6M |
| Q4 2025 | $126.6M |
| Q3 2025 | $161.5M |
| Q2 2025 | $75.3M |
| Q1 2025 | $15M |
| Q4 2023 | — |
PBI spent $332M buying back its own shares over 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 has the edge over PBI on leverage, with a lower net debt burden relative to earnings.
PBI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.6x | High |
| Q2 2026 | 5.0x | High |
| Q1 2026 | 5.5x | High |
| Q4 2025 | 5.6x | High |
| Q3 2025 | 8.1x | High |
| Q2 2025 | 19.2x | High |
| Q1 2025 | 88.7x | High |
| Q2 2023 | 117.2x | High |
PBI's net debt is about 4.6 years of its operating earnings (EBITDA), down from 8.1 years a year ago.
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).
PBI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.3 | Neutral |
| Stochastic | 12.0 | Oversold |
PBI's weekly RSI is 46 (neutral) and its Stochastic is 12 (oversold).
BA PE vs Industrials Sector
| Metric | BA | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 26% below |
| PE % | 0 | 58 | 58 pts below |
BA is trading at 18x earnings, a 26% discount to the Industrials sector's median of 24x, though its earnings don't support one.
PBI PE vs Industrials Sector
| Metric | PBI | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 24x | 50% below |
| PE % | 12 | 58 | 46 pts below |
PBI has the edge over BA on valuation relative to its sector.
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.
PBI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $16.5 | 5.1% below |
| 20 week MA | $17.0 | 7.9% below |
| 50 week MA | $14.3 | 9.2% above |
| 100 week MA | $12.2 | 29% above |
| 200 week MA | $8.43 | 86% above |
PBI 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.
PBI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.94 | $5.53 | +40% |
| 2021 | $5.53 | $6.68 | +21% |
| 2022 | $6.68 | $3.79 | -43% |
| 2023 | $3.79 | $4.40 | +16% |
| 2024 | $4.40 | $7.29 | +66% |
| 2025 | $7.29 | $10.7 | +47% |
| 2026 YTD | $10.7 | $15.6 | +46% |
PBI has the edge over BA on returns for 2026, with the stronger performance.