BA
The Boeing Company
BA has slightly lower modeled downside risk, despite its lower overall score.
SEB
Seaboard Corporation
SEB has the edge over BA overall, supported by 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.
SEB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Under pressure | |
| Healthy |
SEB's revenue, profitability and balance sheet are currently healthy, but its cash flow is under pressure.
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 SEB in the historical PE scenario, which offers more potential upside but is not a forecast.
SEB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 6.4x | $3,703 | — |
| Cheap | 7.7x | $4,443 | +20% |
| Fair | 11x | $6,203 | +68% |
| Expensive | 27x | $15,382 | +315% |
Historical ranges are pointers, not guarantees.
SEB's PE is in its cheap range at 6.4x.
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.
SEB Forward outlook
There aren't enough analyst estimates for SEB 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 returned to profit: it earned $9.66 per share over the past year, after losing money the year before.
SEB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $575.79 | +40% |
| Q2 2026 | $660.27 | +361% |
| Q1 2026 | $605.75 | +500% |
| Q4 2025 | $514.46 | +468% |
| Q3 2025 | $410.46 | +$421.16 |
| Q2 2025 | $143.31 | -43% |
| Q1 2025 | $100.91 | -57% |
| Q4 2024 | $90.62 | -54% |
SEB 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 SEB on sales, with stronger typical year-over-year growth.
| 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 SEB on profitability, with a higher operating margin.
SEB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.8B | +9.1% |
| Q2 2026 | $2.9B | +18% |
| Q1 2026 | $2.4B | +3.6% |
| Q4 2025 | $2.4B | -2.9% |
| Q3 2025 | $2.5B | +15% |
| Q2 2025 | $2.5B | +12% |
| Q1 2025 | $2.3B | +5.7% |
| Q4 2024 | $2.5B | +8.8% |
SEB's revenue is growing: $2.8B last quarter, up 9.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.5% | -2.8 points |
| Q2 2026 | 3.4% | +1.3 points |
| Q1 2026 | 4% | +2.4 points |
| Q4 2025 | 2.7% | -1.9 points |
| Q3 2025 | 3.3% | +1.9 points |
| Q2 2025 | 2.1% | +0.7 points |
| Q1 2025 | 1.6% | +2.5 points |
| Q4 2024 | 4.6% | +8.4 points |
SEB's operating margin was 0.5% last quarter, down 2.8 points from the same quarter a year ago.
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 SEB on cash generation, producing positive trailing cash flow while its opponent burns cash.
SEB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $165M | +8.6% |
| Q2 2026 | -$78M | -$8M |
| Q1 2026 | -$150M | -$21M |
| Q4 2025 | $53M | -67% |
| Q3 2025 | $152M | +162% |
| Q2 2025 | -$70M | +$57M |
| Q1 2025 | -$129M | -$44M |
| Q4 2024 | $162M | +$195M |
SEB's free cash flow was −$10M over the past year, against $115M 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 | — |
SEB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | -0.1% | -824 shares |
| 3 years | -17% | -203K shares |
| 5 years | -17% | -203K shares |
| Available history | -18% | -208K shares |
SEB has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | $1M |
| Q3 2025 | $14M |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | $13M |
| Q4 2019 | — |
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.
SEB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.3x | Healthy |
| Q2 2026 | 1.2x | Healthy |
| Q1 2026 | 1.4x | Healthy |
| Q4 2025 | 1.4x | Healthy |
| Q3 2025 | 1.3x | Healthy |
| Q2 2025 | 1.5x | Healthy |
| Q1 2025 | 1.7x | Healthy |
| Q4 2024 | 1.9x | Healthy |
SEB 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).
SEB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.5 | Neutral |
| Stochastic | 20.5 | Neutral |
SEB's weekly RSI is 38 (neutral) and its Stochastic is 20 (neutral).
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.
SEB PE vs Industrials Sector
| Metric | SEB | Sector median | Relative |
|---|---|---|---|
| PE | 6.4x | 24x | 73% below |
| PE % | 8 | 58 | 50 pts below |
SEB 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.
SEB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3,862.2 | 4.1% below |
| 20 week MA | $4,161.7 | 11% below |
| 50 week MA | $4,677.4 | 21% below |
| 100 week MA | $3,866.3 | 4.2% below |
| 200 week MA | $3,649.8 | 1.5% above |
SEB 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.
SEB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $4,169.5 | $3,107.0 | -25% |
| 2021 | $3,107.0 | $3,931.0 | +27% |
| 2022 | $3,931.0 | $3,710.0 | -5.6% |
| 2023 | $3,710.0 | $3,570.1 | -3.8% |
| 2024 | $3,570.1 | $2,407.7 | -33% |
| 2025 | $2,407.7 | $4,369.0 | +81% |
| 2026 YTD | $4,369.0 | $3,702.9 | -15% |
SEB has the edge over BA on returns for 2026, with the stronger performance.