BA
The Boeing Company
BA has the edge over TNET overall, supported by lower modeled downside and stronger fundamentals.
TNET
TriNet Group, Inc.
TNET trails on the overall score without a compensating advantage in the available component scores.
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.
TNET Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Unavailable |
TNET's profitability is currently healthy, and its revenue and cash flow are stable. 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 has the edge over TNET in the historical PE scenario, which offers more potential upside but is not a forecast.
TNET PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 14x | $51.64 | -21% |
| Forward | 15x | $65.34 | — |
| Fair | 18x | $65.98 | +1% |
| Current | 18x | $65.34 | — |
| Expensive | 21x | $79.94 | +22% |
Historical ranges are pointers, not guarantees.
TNET's PE is in its fair range at 18x. If earnings grow as analysts expect, today's price would be 15x 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 TNET on the outlook, with more favorable profitability expectations.
TNET Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Strong growth | |
| Weakening | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for TNET, but weaker profitability. 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 the edge over TNET on earnings, with more consistent year-over-year improvement.
TNET Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.41 | +18% |
| Q3 2026 | $3.72 | +36% |
| Q2 2026 | $3.77 | +29% |
| Q1 2026 | $3.39 | +0.9% |
| Q4 2025 | $3.20 | -6.7% |
| Q3 2025 | $2.74 | -48% |
| Q2 2025 | $2.93 | -51% |
| Q1 2025 | $3.36 | -46% |
| Q4 2024 | $3.43 | -48% |
TNET's earnings per share have fallen from their peak: $3.72 over the past year, against $6.56 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 TNET on sales, with more consistent year-over-year improvement.
| 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.
TNET Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -4.6% |
| Q2 2026 | $1.2B | -4.8% |
| Q1 2026 | $1.2B | -5.1% |
| Q4 2025 | $1.2B | -5.9% |
| Q3 2025 | $1.2B | -0.4% |
| Q2 2025 | $1.2B | +1% |
| Q1 2025 | $1.3B | +2.2% |
| Q4 2024 | $1.3B | +6.5% |
TNET's revenue is shrinking: $1.2B last quarter, down 4.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.3% | -0.7 points |
| Q2 2026 | 6.3% | +2.2 points |
| Q1 2026 | 10% | +1.1 points |
| Q4 2025 | 0.1% | +2.9 points |
| Q3 2025 | 4.1% | -0.6 points |
| Q2 2025 | 4.1% | -2.4 points |
| Q1 2025 | 8.9% | -0.8 points |
| Q4 2024 | -2.8% | -9.8 points |
TNET 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 TNET on cash flow, with more consistent year-over-year improvement.
TNET Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $53M | -3.6% |
| Q2 2026 | $67M | +18% |
| Q1 2026 | $123M | +56% |
| Q4 2025 | $43M | -92% |
| Q3 2025 | $55M | +$111M |
| Q2 2025 | $57M | +$197M |
| Q1 2025 | $79M | +$219M |
| Q4 2024 | $537M | -5.3% |
TNET still generates free cash flow, though less than at its 2019 peak: $286M 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 793M diluted shares, up 4.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
TNET Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.2% | +1M shares |
| 1 year | -2.1% | -1M shares |
| 3 years | -19% | -11M shares |
| 5 years | -30% | -20M shares |
| Available history | -34% | -24M shares |
TNET has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $18M |
| Q2 2026 | $18M |
| Q1 2026 | $58M |
| Q4 2025 | $61M |
| Q3 2025 | $31M |
| Q2 2025 | $1M |
| Q1 2025 | $90M |
| Q4 2024 | $28M |
TNET spent $155M buying back its own shares over the past year, up 3.3% 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.
TNET Net Leverage
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).
TNET Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.0 | Neutral |
| Stochastic | 33.4 | Neutral |
TNET's weekly RSI is 54 (neutral) and its Stochastic is 33 (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.
TNET PE vs Industrials Sector
| Metric | TNET | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 27% below |
| PE % | 47 | 58 | 11 pts below |
TNET 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.
TNET Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $67.1 | 2.6% below |
| 20 week MA | $65.7 | 0.6% below |
| 50 week MA | $54.7 | 19% above |
| 100 week MA | $64.4 | 1.5% above |
| 200 week MA | $83.5 | 22% below |
TNET 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.
TNET Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $56.6 | $82.1 | +45% |
| 2021 | $82.1 | $94.6 | +15% |
| 2022 | $94.6 | $65.4 | -31% |
| 2023 | $65.4 | $118.9 | +82% |
| 2024 | $118.9 | $90.3 | -24% |
| 2025 | $90.3 | $58.7 | -35% |
| 2026 YTD | $58.7 | $65.3 | +11% |
TNET has the edge over BA on returns for 2026, with the stronger performance.