BA
The Boeing Company
BA has the edge over TEX overall, supported by stronger valuation and stronger fundamentals.
TEX
Terex Corporation
TEX has slightly lower modeled downside risk, despite its lower overall score.
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.
TEX Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Under pressure |
TEX's revenue is currently strong, and its profitability and cash flow are stable, but its balance sheet 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 TEX in the historical PE scenario, which offers more potential upside but is not a forecast.
TEX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8x | $15.81 | -73% |
| Forward | 10x | $57.56 | — |
| Fair | 12x | $24.64 | -57% |
| Expensive | 29x | $57.50 | -0.1% |
| Current | 29x | $57.56 | — |
Historical ranges are pointers, not guarantees.
TEX's PE is in its expensive range at 29x. If earnings grow as analysts expect, today's price would be 10x next year's earnings, in its fair 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.
TEX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for TEX, 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 TEX on earnings, with more consistent year-over-year improvement.
TEX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.57 | +181% |
| Q3 2026 | $1.98 | -16% |
| Q2 2026 | $1.96 | -27% |
| Q1 2026 | $2.09 | -43% |
| Q4 2025 | $3.33 | -33% |
| Q3 2025 | $2.35 | -66% |
| Q2 2025 | $2.68 | -63% |
| Q1 2025 | $3.67 | -51% |
| Q4 2024 | $4.96 | -35% |
TEX's earnings per share have fallen from their peak: $1.98 over the past year, against $7.58 in late 2023.
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 TEX 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's operating margin was 1.5% last quarter, up 22 points from the same quarter a year ago.
TEX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +58% |
| Q2 2026 | $2.2B | +51% |
| Q1 2026 | $1.7B | +41% |
| Q4 2025 | $1.3B | +6.2% |
| Q3 2025 | $1.4B | +14% |
| Q2 2025 | $1.5B | +7.6% |
| Q1 2025 | $1.2B | -4.9% |
| Q4 2024 | $1.2B | +1.5% |
TEX's revenue has grown year over year for six quarters in a row: $2.2B last quarter, up 58% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.3% | -1.8 points |
| Q2 2026 | 8.4% | -0.3 points |
| Q1 2026 | -4.7% | -10 points |
| Q4 2025 | 10% | +6.1 points |
| Q3 2025 | 10% | 0 points |
| Q2 2025 | 8.7% | -5.3 points |
| Q1 2025 | 5.6% | -6.6 points |
| Q4 2024 | 4.3% | -5.2 points |
TEX 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 TEX in the latest year-over-year cash flow comparison.
TEX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $241M | +85% |
| Q2 2026 | $128M | +64% |
| Q1 2026 | -$57M | $0 |
| Q3 2025 | $130M | +12% |
| Q2 2025 | $78M | +17% |
| Q1 2025 | -$57M | -$23.1M |
| Q3 2024 | $116.4M | -16% |
| Q2 2024 | $66.5M | -45% |
TEX generated $483M in free cash flow over the past year, up 81% 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 the edge over TEX on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
TEX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -200K shares |
| 1 year | +73% | +48.1M shares |
| 3 years | +67% | +45.9M shares |
| 5 years | +61% | +43.1M shares |
| Available history | +59% | +42.2M shares |
TEX has 114M diluted shares, up 73% from a year ago, despite $76M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $72M |
| Q2 2026 | $3M |
| Q1 2026 | — |
| Q4 2025 | $1M |
| Q3 2025 | — |
| Q2 2025 | $23M |
| Q1 2025 | $32M |
| Q4 2024 | $15M |
TEX spent $76M buying back its own shares over the past year, up 8.6% 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.
TEX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.0x | Elevated |
| Q2 2026 | 3.7x | Elevated |
| Q1 2026 | 4.6x | High |
| Q4 2025 | 2.9x | Moderate |
TEX's net debt is about 3.0 years of its operating earnings (EBITDA).
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).
TEX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.4 | Neutral |
| Stochastic | 35.1 | Neutral |
TEX's weekly RSI is 47 (neutral) and its Stochastic is 35 (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 TEX on valuation relative to its sector.
TEX PE vs Industrials Sector
| Metric | TEX | Sector median | Relative |
|---|---|---|---|
| PE | 29x | 24x | 21% above |
| PE % | 83 | 58 | 25 pts above |
TEX is trading at 29x earnings, a 21% 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.
TEX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $54.5 | 5.7% above |
| 20 week MA | $60.9 | 5.5% below |
| 50 week MA | $60.7 | 5.1% below |
| 100 week MA | $53.4 | 7.9% above |
| 200 week MA | $54.2 | 6.2% above |
TEX 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.
TEX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.1 | $35.9 | +19% |
| 2021 | $35.9 | $43.5 | +21% |
| 2022 | $43.5 | $43.1 | -1.1% |
| 2023 | $43.1 | $57.5 | +33% |
| 2024 | $57.5 | $45.2 | -21% |
| 2025 | $45.2 | $55.2 | +22% |
| 2026 YTD | $55.2 | $57.6 | +4.3% |
TEX has the edge over BA on returns for 2026, with the stronger performance.