BA
The Boeing Company
BA's fundamentals are strong: its operating margin went from −10% to 10% and revenue grew 18%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
SCWO
374Water, Inc.
There isn't enough reported data to score SCWO yet.
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.
SCWO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Under pressure | |
| Unavailable |
SCWO's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
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's PE is 18x, but its earnings don't support one, so it isn't a reliable read right now.
SCWO PE Valuation
SCWO has no meaningful PE right now: it lost money over the past year.
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.
SCWO Forward outlook
There aren't enough analyst estimates for SCWO to show an outlook.
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 SCWO on earnings quality, reporting a profit while its opponent remains loss making.
SCWO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$1.26 | -$0.13 |
| Q1 2026 | -$1.41 | -$0.36 |
| Q4 2025 | -$1.45 | -$0.55 |
| Q3 2025 | -$1.22 | -$0.41 |
| Q2 2025 | -$1.13 | -$0.39 |
| Q1 2025 | -$1.05 | -$0.41 |
| Q4 2024 | -$0.90 | -$0.29 |
| Q3 2021 | $0.00 | +$0.05 |
SCWO lost $1.26 per share over the past year, a bigger loss than 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 has the edge over SCWO on profitability, with a higher operating margin.
SCWO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2.3M | +280% |
| Q1 2026 | $551.2K | +1.5% |
| Q3 2025 | $760.4K | +833% |
| Q2 2025 | $595K | +1516% |
| Q1 2025 | $543.1K | +72% |
| Q3 2024 | $81.5K | +563% |
| Q2 2024 | $36.8K | -26% |
| Q1 2024 | $315.3K | -61% |
SCWO's revenue is growing: $2M last quarter, up 280% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -72% | +708 points |
| Q1 2026 | -834% | -137 points |
| Q3 2025 | -573% | +2791 points |
| Q2 2025 | -780% | +7420 points |
| Q1 2025 | -697% | +1.2 points |
| Q4 2024 | -40833% | N/A |
| Q3 2024 | -3365% | +11952 points |
| Q2 2024 | -8199% | -4652 points |
SCWO's operating margin was −72% last quarter, up 625 points from the same quarter a year ago, near the top of its range since 2019.
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 SCWO on cash generation, producing positive trailing cash flow while its opponent burns cash.
SCWO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$696.5K | +$3.4M |
| Q1 2026 | -$2.9M | +$937.5K |
| Q4 2025 | -$4.7M | -$1.1M |
| Q3 2025 | -$3M | -$448.5K |
| Q2 2025 | -$4.1M | -$1.7M |
| Q1 2025 | -$3.8M | -$1.3M |
| Q4 2024 | -$3.6M | -$1.2M |
| Q3 2024 | -$2.6M | -$725.5K |
SCWO has burned cash in almost every quarter: −$11M over the past year, against −$14M 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 the edge over SCWO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
SCWO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.9% | +158K shares |
| 1 year | +21% | +3.1M shares |
| 3 years | +33% | +4.3M shares |
| 5 years | +530% | +14.8M shares |
| Available history | +455% | +14.4M shares |
SCWO has 18M diluted shares, up 21% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q4 2023 | — |
| Q4 2020 | — |
| Q3 2020 | $300,000 |
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.
SCWO Net Leverage
SCWO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
SCWO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.7 | Neutral |
| Stochastic | 18.4 | Oversold |
SCWO's weekly RSI is 42 (neutral) and its Stochastic is 18 (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.
SCWO PE vs Industrials Sector
SCWO has no meaningful PE right now: it lost money over the past year.
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.
SCWO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.57 | 14% below |
| 20 week MA | $2.53 | 13% below |
| 50 week MA | $2.59 | 15% below |
| 100 week MA | $3.16 | 30% below |
| 200 week MA | $10.7 | 79% below |
SCWO is in a downtrend: it's below all five of its weekly moving averages, and 79% 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.
SCWO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $0.90 | $8.80 | +878% |
| 2021 | $8.80 | $26.0 | +195% |
| 2022 | $26.0 | $29.5 | +13% |
| 2023 | $29.5 | $14.2 | -52% |
| 2024 | $14.2 | $6.79 | -52% |
| 2025 | $6.79 | $2.36 | -65% |
| 2026 YTD | $2.36 | $2.21 | -6.4% |
SCWO has the edge over BA on returns for 2026, with the stronger performance.