BA
The Boeing Company
BA offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
TATT
TAT Technologies Ltd.
TATT has the edge over BA overall, supported by stronger valuation and stronger modeled upside.
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.
TATT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
TATT's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
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 TATT in the historical PE scenario, which offers more potential upside but is not a forecast.
TATT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 21x | $38.12 | — |
| Cheap | 23x | $37.47 | -1.7% |
| Current | 24x | $38.12 | — |
| Fair | 32x | $51.80 | +36% |
| Expensive | 43x | $68.01 | +78% |
Historical ranges are pointers, not guarantees.
TATT's PE is in its cheap range at 24x. If earnings grow as analysts expect, today's price would be 21x 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.
TATT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for TATT, 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.
TATT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.80 | +12% |
| Q2 2026 | $1.60 | +30% |
| Q1 2026 | $1.29 | +9.3% |
| Q4 2025 | $1.37 | +32% |
| Q3 2025 | $1.34 | +79% |
| Q2 2025 | $1.23 | +68% |
| Q1 2025 | $1.18 | +84% |
| Q4 2024 | $1.04 | +100% |
| Q3 2024 | $0.75 | +42% |
TATT 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.
TATT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $52.9M | +23% |
| Q1 2026 | $41.1M | -2.4% |
| Q4 2025 | $46.5M | +13% |
| Q3 2025 | $46.2M | +14% |
| Q2 2025 | $43.1M | +18% |
| Q1 2025 | $42.1M | +24% |
| Q4 2024 | $41M | +29% |
| Q3 2024 | $40.5M | +35% |
TATT has the edge over BA on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 11% | +0.3 points |
| Q1 2026 | 7.3% | -2.7 points |
| Q4 2025 | 11% | +0.6 points |
| Q3 2025 | 11% | +2.9 points |
| Q2 2025 | 10% | +2.8 points |
| Q1 2025 | 9.9% | +3.4 points |
| Q4 2024 | 10% | +4.3 points |
| Q3 2024 | 8.5% | +2.6 points |
TATT 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 TATT on cash flow, with more consistent year-over-year improvement.
TATT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$1.7M | -148% |
| Q1 2026 | $530K | +$8.4M |
| Q4 2025 | $3.5M | +$6M |
| Q3 2025 | $4.8M | +307% |
| Q2 2025 | $3.6M | +$8.7M |
| Q1 2025 | -$7.9M | -$3.4M |
| Q4 2024 | -$2.5M | -$1.7M |
| Q3 2024 | $1.2M | +$5.5M |
TATT's free cash flow has turned positive after five years mostly in the red: $7M 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 the edge over TATT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
TATT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -72.7K shares |
| 1 year | +13% | +1.5M shares |
| 3 years | +45% | +4.1M shares |
| 5 years | +48% | +4.3M shares |
| Available history | +48% | +4.3M shares |
TATT has 13M diluted shares, up 13% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | $11,901 |
| Q1 2024 | — |
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.
TATT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.3x | Net Cash |
| Q1 2026 | -1.5x | Net Cash |
| Q4 2025 | -1.7x | Net Cash |
| Q3 2025 | -1.6x | Net Cash |
| Q2 2025 | -1.4x | Net Cash |
| Q1 2025 | 1.0x | Healthy |
| Q4 2024 | 0.7x | Very low |
| Q3 2024 | 0.7x | Very low |
TATT 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).
TATT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.7 | Neutral |
| Stochastic | 33.5 | Neutral |
TATT's weekly RSI is 50 (neutral) and its Stochastic is 34 (neutral).
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 TATT on valuation relative to its sector.
TATT PE vs Industrials Sector
| Metric | TATT | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 24x | 1.1% below |
| PE % | 20 | 58 | 38 pts below |
TATT is trading at 24x earnings, in line with 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.
TATT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $34.8 | 9.7% above |
| 20 week MA | $38.0 | 0.2% above |
| 50 week MA | $42.2 | 9.8% below |
| 100 week MA | $37.2 | 2.5% above |
| 200 week MA | $24.2 | 57% above |
TATT 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.
TATT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.05 | $4.39 | -13% |
| 2021 | $4.39 | $6.35 | +45% |
| 2022 | $6.35 | $5.37 | -15% |
| 2023 | $5.37 | $10.2 | +89% |
| 2024 | $10.2 | $26.0 | +156% |
| 2025 | $26.0 | $45.5 | +75% |
| 2026 YTD | $45.5 | $38.1 | -16% |
TATT has the edge over BA on returns for 2026, with the stronger performance.