BA
The Boeing Company
BA has slightly lower modeled downside risk, despite its lower overall score.
SAIA
Saia, Inc.
SAIA 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.
SAIA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
SAIA'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 SAIA in the historical PE scenario, which offers more potential upside but is not a forecast.
SAIA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 21x | $217 | -35% |
| Forward | 24x | $331 | — |
| Fair | 31x | $327 | -1.3% |
| Current | 31x | $331 | — |
| Expensive | 39x | $415 | +25% |
Historical ranges are pointers, not guarantees.
SAIA's PE is in its fair range at 31x. If earnings grow as analysts expect, today's price would be 24x 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.
SAIA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for SAIA, 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 SAIA on earnings, with more consistent year-over-year improvement.
SAIA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.82 | +31% |
| Q3 2026 | $10.55 | -0.4% |
| Q2 2026 | $10.36 | -4.3% |
| Q1 2026 | $9.52 | -21% |
| Q4 2025 | $9.52 | -30% |
| Q3 2025 | $10.59 | -24% |
| Q2 2025 | $10.83 | -24% |
| Q1 2025 | $11.99 | -13% |
| Q4 2024 | $13.51 | +1.9% |
SAIA's earnings per share have fallen from their peak: $10.55 over the past year, against $14.20 in mid-2024.
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 SAIA 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.
SAIA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $982.5M | +17% |
| Q2 2026 | $956.5M | +17% |
| Q1 2026 | $806.2M | +2.4% |
| Q4 2025 | $790M | +0.1% |
| Q3 2025 | $839.6M | -0.3% |
| Q2 2025 | $817.1M | -0.7% |
| Q1 2025 | $787.6M | +4.3% |
| Q4 2024 | $789M | +5% |
SAIA's revenue has grown year over year for four quarters in a row: $982M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 12% | -1.7 points |
| Q2 2026 | 13% | +0.9 points |
| Q1 2026 | 8.3% | -0.6 points |
| Q4 2025 | 8.1% | -4.8 points |
| Q3 2025 | 14% | -0.7 points |
| Q2 2025 | 12% | -4.6 points |
| Q1 2025 | 8.9% | -6.7 points |
| Q4 2024 | 13% | -2.1 points |
SAIA 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.
SAIA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $111.1M | +27% |
| Q2 2026 | $56.7M | +$60.6M |
| Q1 2026 | $73.5M | +$167.3M |
| Q4 2025 | $37.5M | +$41M |
| Q3 2025 | $87.6M | +$99.2M |
| Q2 2025 | -$3.9M | +$90.1M |
| Q1 2025 | -$93.8M | +$256.9M |
| Q4 2024 | -$3.5M | -106% |
SAIA's free cash flow has turned positive after two years mostly in the red: $279M 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 | — |
SAIA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -18K shares |
| 1 year | +0.1% | +25K shares |
| 3 years | +0.1% | +36K shares |
| 5 years | +0.4% | +102K shares |
| Available history | +1.4% | +380K shares |
SAIA has the edge over BA on shareholder dilution, with a more favorable share count trend.
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.
SAIA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.0x | Very low |
| Q1 2026 | 0.1x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.4x | Very low |
| Q4 2024 | 0.3x | Very low |
SAIA 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).
SAIA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.2 | Neutral |
| Stochastic | 19.1 | Oversold |
SAIA's weekly RSI is 41 (neutral) and its Stochastic is 19 (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 SAIA on valuation relative to its sector.
SAIA PE vs Industrials Sector
| Metric | SAIA | Sector median | Relative |
|---|---|---|---|
| PE | 31x | 24x | 30% above |
| PE % | 52 | 58 | 6 pts below |
SAIA is trading at 31x earnings, a 30% 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.
SAIA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $335.8 | 1.5% below |
| 20 week MA | $362.3 | 8.7% below |
| 50 week MA | $379.9 | 13% below |
| 100 week MA | $357.1 | 7.3% below |
| 200 week MA | $384.1 | 14% below |
SAIA is in a downtrend: it's below all five of its weekly moving averages, and 14% 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.
SAIA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $92.4 | $185.5 | +101% |
| 2021 | $185.5 | $323.5 | +74% |
| 2022 | $323.5 | $214.4 | -34% |
| 2023 | $214.4 | $438.2 | +104% |
| 2024 | $438.2 | $475.3 | +8.5% |
| 2025 | $475.3 | $331.0 | -30% |
| 2026 YTD | $331.0 | $331.0 | 0% |
SAIA has the edge over BA on returns for 2026, with the stronger performance.