BA
The Boeing Company
BA's outlook is improving, though it still trails on the overall score.
RBC
RBC Bearings Incorporated
RBC 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.
RBC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Healthy |
RBC'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 RBC in the historical PE scenario, which offers more potential upside but is not a forecast.
RBC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 31x | $489 | — |
| Cheap | 41x | $458 | -6.3% |
| Current | 44x | $489 | — |
| Fair | 49x | $548 | +12% |
| Expensive | 67x | $745 | +52% |
Historical ranges are pointers, not guarantees.
RBC's PE is in its cheap range at 44x. If earnings grow as analysts expect, today's price would be 31x next year's earnings.
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.
RBC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for RBC, 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 returned to profit: it earned $9.66 per share over the past year, after losing money the year before.
RBC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $16.02 | +43% |
| Q3 2026 | $11.18 | +36% |
| Q2 2026 | $10.12 | +27% |
| Q1 2026 | $9.09 | +18% |
| Q4 2025 | $8.53 | +17% |
| Q3 2025 | $8.22 | +20% |
| Q2 2025 | $7.97 | +17% |
| Q1 2025 | $7.70 | +20% |
| Q4 2024 | $7.29 | +22% |
RBC 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.
RBC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $524.6M | +15% |
| Q2 2026 | $519.5M | +19% |
| Q1 2026 | $518M | +18% |
| Q4 2025 | $461.6M | +17% |
| Q3 2025 | $455.3M | +14% |
| Q2 2025 | $436M | +7.3% |
| Q1 2025 | $437.7M | +5.8% |
| Q4 2024 | $394.4M | +5.5% |
RBC's revenue has grown year over year for 21 quarters in a row: $525M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +3.6 points |
| Q2 2026 | 27% | +3.9 points |
| Q1 2026 | 23% | 0 points |
| Q4 2025 | 22% | +0.6 points |
| Q3 2025 | 21% | -0.2 points |
| Q2 2025 | 23% | -0.8 points |
| Q1 2025 | 23% | +0.2 points |
| Q4 2024 | 22% | +1.6 points |
RBC 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.
RBC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $85.7M | +20% |
| Q2 2026 | $146.9M | +41% |
| Q1 2026 | $67.5M | +23% |
| Q4 2025 | $99.1M | +35% |
| Q3 2025 | $71.7M | +168% |
| Q2 2025 | $104.3M | +18% |
| Q1 2025 | $55M | -21% |
| Q4 2024 | $73.6M | +3.8% |
RBC's free cash flow has been positive every quarter for seven years: $399M over the past year, up 31% 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 | — |
RBC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +869 shares |
| 1 year | +0.3% | +100K shares |
| 3 years | +8.8% | +2.6M shares |
| 5 years | +23% | +5.9M shares |
| Available history | +27% | +6.7M shares |
RBC has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2025 | $900,000 |
| Q4 2024 | $200,000 |
| Q3 2024 | $400,000 |
| Q2 2024 | $8M |
| Q1 2024 | $3.4M |
| Q4 2023 | $600,000 |
| Q3 2023 | $200,000 |
| Q2 2023 | $6.8M |
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.
RBC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.0x | Very low |
| Q2 2026 | 1.2x | Healthy |
| Q1 2026 | 1.5x | Healthy |
| Q4 2025 | 1.7x | Healthy |
| Q3 2025 | 1.9x | Healthy |
| Q2 2025 | 1.6x | Healthy |
| Q1 2025 | 1.8x | Healthy |
| Q4 2024 | 2.0x | Healthy |
RBC 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).
RBC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.4 | Neutral |
| Stochastic | 14.8 | Oversold |
RBC's weekly RSI is 42 (neutral) and its Stochastic is 15 (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 RBC on valuation relative to its sector.
RBC PE vs Industrials Sector
| Metric | RBC | Sector median | Relative |
|---|---|---|---|
| PE | 44x | 24x | 82% above |
| PE % | 29 | 58 | 29 pts below |
RBC is trading at 44x earnings, a 82% 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.
RBC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $490.2 | 0.2% below |
| 20 week MA | $523.1 | 6.5% below |
| 50 week MA | $535.9 | 8.7% below |
| 100 week MA | $451.1 | 8.4% above |
| 200 week MA | $354.1 | 38% above |
RBC 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.
RBC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $181.4 | +14% |
| 2021 | $181.4 | $205.0 | +13% |
| 2022 | $205.0 | $207.5 | +1.2% |
| 2023 | $207.5 | $284.9 | +37% |
| 2024 | $284.9 | $300.2 | +5.4% |
| 2025 | $300.2 | $456.3 | +52% |
| 2026 YTD | $456.3 | $489.2 | +7.2% |
RBC has the edge over BA on returns for 2026, with the stronger performance.