BA
The Boeing Company
BA's outlook is improving, though it still trails on the overall score.
STRL
Sterling Infrastructure, Inc.
STRL has the edge over BA overall, supported by stronger modeled upside 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.
STRL Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Healthy | |
| Strong |
STRL'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 STRL in the historical PE scenario, which offers more potential upside but is not a forecast.
STRL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $173 | -43% |
| Forward | 11x | $302 | — |
| Fair | 15x | $275 | -8.7% |
| Current | 17x | $302 | — |
| Expensive | 31x | $551 | +83% |
Historical ranges are pointers, not guarantees.
STRL's PE is in its fair range at 17x. If earnings grow as analysts expect, today's price would be 11x next year's earnings, in its cheap range.
BA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| Low |
BA has the edge over STRL on the outlook, with more favorable profitability expectations.
STRL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for STRL, with profitability holding steady. However, they disagree widely on these estimates.
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.
STRL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $26.42 | +48% |
| Q3 2026 | $17.83 | +75% |
| Q2 2026 | $13.88 | +51% |
| Q1 2026 | $11.19 | +31% |
| Q4 2025 | $9.38 | +13% |
| Q3 2025 | $10.19 | +72% |
| Q2 2025 | $9.19 | +77% |
| Q1 2025 | $8.55 | +78% |
| Q4 2024 | $8.27 | +86% |
STRL 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.
STRL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.6B | +127% |
| Q2 2026 | $1.2B | +90% |
| Q1 2026 | $825.7M | +92% |
| Q4 2025 | $755.6M | +51% |
| Q3 2025 | $689M | +16% |
| Q2 2025 | $614.5M | +5.4% |
| Q1 2025 | $430.9M | -2.1% |
| Q4 2024 | $498.8M | +2.6% |
STRL has the edge over BA on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +1.4 points |
| Q2 2026 | 19% | +1.8 points |
| Q1 2026 | 17% | +3.7 points |
| Q4 2025 | 16% | +3.4 points |
| Q3 2025 | 18% | +3.5 points |
| Q2 2025 | 17% | +4.5 points |
| Q1 2025 | 13% | +3.4 points |
| Q4 2024 | 12% | +1 points |
STRL 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 has the edge over STRL on cash flow, with more consistent year-over-year improvement.
STRL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $53.3M | -17% |
| Q2 2026 | $112.4M | +56% |
| Q1 2026 | $145.9M | +118% |
| Q4 2025 | $159.7M | +0.7% |
| Q3 2025 | $64M | -54% |
| Q2 2025 | $72.1M | -22% |
| Q1 2025 | $67M | +147% |
| Q4 2024 | $158.6M | +20% |
STRL's free cash flow has been positive every quarter for seven years: $471M over the past year, up 30% 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 | — |
STRL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -72K shares |
| 1 year | +0.4% | +111K shares |
| 3 years | -0.5% | -146K shares |
| 5 years | +6.4% | +1.9M shares |
| Available history | +15% | +4M shares |
STRL has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $72M |
| Q2 2026 | $23M |
| Q1 2026 | $12.3M |
| Q4 2025 | $25.7M |
| Q3 2025 | $4.7M |
| Q2 2025 | — |
| Q1 2025 | $43.8M |
| Q4 2024 | $20M |
STRL spent $133M buying back its own shares over the past year, up 94% from the year before.
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.
STRL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.4x | Net Cash |
| Q4 2025 | -0.2x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | -1.1x | Net Cash |
| Q1 2025 | -1.0x | Net Cash |
| Q4 2024 | -1.0x | Net Cash |
STRL 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).
STRL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.1 | Neutral |
| Stochastic | 7.5 | Oversold |
STRL's weekly RSI is 33 (neutral) and its Stochastic is 8 (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.
STRL PE vs Industrials Sector
| Metric | STRL | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 24x | 30% below |
| PE % | 55 | 58 | 3 pts below |
STRL 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.
STRL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $404.8 | 26% below |
| 20 week MA | $507.3 | 41% below |
| 50 week MA | $509.4 | 41% below |
| 100 week MA | $368.5 | 18% below |
| 200 week MA | $229.2 | 32% above |
STRL 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.
STRL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $14.4 | $19.3 | +34% |
| 2021 | $19.3 | $26.0 | +35% |
| 2022 | $26.0 | $32.7 | +26% |
| 2023 | $32.7 | $87.9 | +169% |
| 2024 | $87.9 | $172.5 | +96% |
| 2025 | $172.5 | $316.6 | +83% |
| 2026 YTD | $316.6 | $301.6 | -4.7% |
STRL has the edge over BA on returns for 2026, with the stronger performance.