BA
The Boeing Company
BA has slightly lower modeled downside risk, despite its lower overall score.
TPC
Tutor Perini Corporation
TPC 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.
TPC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Strong |
TPC's revenue, profitability and balance sheet are currently healthy, and its cash flow 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 TPC in the historical PE scenario, which offers more potential upside but is not a forecast.
TPC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.9x | $15.55 | -85% |
| Fair | 8.1x | $21.22 | -79% |
| Forward | 19x | $100 | — |
| Current | 38x | $100 | — |
| Expensive | 48x | $127 | +27% |
Historical ranges are pointers, not guarantees.
TPC's PE is in its expensive range at 38x. If earnings grow as analysts expect, today's price would be 19x 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.
TPC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for TPC, 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.
TPC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.36 | +104% |
| Q3 2026 | $2.63 | +$3.18 |
| Q2 2026 | $2.31 | +$4.85 |
| Q1 2026 | $1.46 | +$4.36 |
| Q4 2025 | $1.51 | +$4.64 |
| Q3 2025 | -$0.55 | +$1.97 |
| Q2 2025 | -$2.54 | -$1.23 |
| Q1 2025 | -$2.90 | -$0.85 |
| Q4 2024 | -$3.13 | +$0.17 |
TPC 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.
TPC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.7B | +22% |
| Q2 2026 | $1.6B | +19% |
| Q1 2026 | $1.4B | +11% |
| Q4 2025 | $1.5B | +41% |
| Q3 2025 | $1.4B | +31% |
| Q2 2025 | $1.4B | +22% |
| Q1 2025 | $1.2B | +19% |
| Q4 2024 | $1.1B | +4.5% |
TPC has the edge over BA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.3% | +4.5 points |
| Q2 2026 | 7.2% | +1.6 points |
| Q1 2026 | 4.3% | -1 points |
| Q4 2025 | 3.3% | +11 points |
| Q3 2025 | 2.8% | +13 points |
| Q2 2025 | 5.6% | +2 points |
| Q1 2025 | 5.2% | +0.6 points |
| Q4 2024 | -8.1% | -5.9 points |
TPC 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 TPC on cash flow, with more consistent year-over-year improvement.
TPC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $291.3M | +21% |
| Q2 2026 | $153.6M | -35% |
| Q1 2026 | $128.9M | +$136.1M |
| Q4 2025 | $98.7M | -69% |
| Q3 2025 | $240.2M | +1435% |
| Q2 2025 | $235.6M | +458% |
| Q1 2025 | -$7.2M | -108% |
| Q4 2024 | $320.4M | +166% |
TPC generated $673M in free cash flow over the past year, down 15% 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 | — |
TPC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -21K shares |
| 1 year | -0.4% | -213K shares |
| 3 years | +2.8% | +1.5M shares |
| 5 years | +4.1% | +2.1M shares |
| Available history | +6.4% | +3.2M shares |
TPC has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $10M |
| Q1 2026 | $20M |
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.
TPC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.8x | Net Cash |
| Q2 2026 | -1.7x | Net Cash |
| Q1 2026 | -1.5x | Net Cash |
| Q4 2025 | -1.2x | Net Cash |
| Q3 2025 | -1.9x | Net Cash |
| Q2 2025 | -283.0x | Net Cash |
| Q3 2024 | 27.4x | High |
| Q2 2024 | 3.9x | Elevated |
TPC 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).
TPC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.6 | Neutral |
| Stochastic | 55.4 | Neutral |
TPC's weekly RSI is 65 (neutral) and its Stochastic is 55 (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 TPC on valuation relative to its sector.
TPC PE vs Industrials Sector
| Metric | TPC | Sector median | Relative |
|---|---|---|---|
| PE | 38x | 24x | 59% above |
| PE % | 74 | 58 | 16 pts above |
TPC is trading at 38x earnings, a 59% 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.
TPC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $84.8 | 18% above |
| 20 week MA | $85.9 | 17% above |
| 50 week MA | $80.3 | 25% above |
| 100 week MA | $61.1 | 64% above |
| 200 week MA | $37.3 | 169% above |
TPC 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.
TPC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $12.7 | $13.4 | +6.2% |
| 2021 | $13.4 | $12.4 | -7.5% |
| 2022 | $12.4 | $7.54 | -39% |
| 2023 | $7.54 | $9.10 | +21% |
| 2024 | $9.10 | $23.8 | +162% |
| 2025 | $23.8 | $69.1 | +190% |
| 2026 YTD | $69.1 | $100.3 | +45% |
TPC has the edge over BA on returns for 2026, with the stronger performance.