BA
The Boeing Company
BA offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
TTEK
Tetra Tech, Inc.
TTEK has the edge over BA overall on the model 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.
TTEK Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Healthy | |
| Healthy |
TTEK'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 TTEK in the historical PE scenario, which offers more potential upside but is not a forecast.
TTEK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 23x | $39.43 | — |
| Forward | 23x | $39.43 | — |
| Cheap | 26x | $43.51 | +10% |
| Fair | 33x | $54.13 | +37% |
| Expensive | 42x | $70.31 | +78% |
Historical ranges are pointers, not guarantees.
TTEK's PE is 23x, but its earnings don't support one, so it isn't a reliable read right now.
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.
TTEK Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for TTEK, 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.
TTEK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.71 | +3.1% |
| Q2 2026 | $1.66 | +107% |
| Q1 2026 | $1.67 | +142% |
| Q4 2025 | $1.33 | +40% |
| Q3 2025 | $0.93 | -24% |
| Q2 2025 | $0.80 | -26% |
| Q1 2025 | $0.69 | -30% |
| Q4 2024 | $0.95 | +10% |
| Q3 2024 | $1.23 | +21% |
TTEK 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 has the edge over TTEK 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.
TTEK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.3B | -4.5% |
| Q1 2026 | $1.2B | -7.7% |
| Q4 2025 | $1.2B | -15% |
| Q3 2025 | $1.3B | -3.2% |
| Q2 2025 | $1.4B | +1.9% |
| Q1 2025 | $1.3B | +5.6% |
| Q4 2024 | $1.4B | +16% |
| Q3 2024 | $1.4B | +9% |
TTEK's revenue is shrinking: $1.3B last quarter, down 4.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 12% | 0 points |
| Q1 2026 | 11% | +7.8 points |
| Q4 2025 | 12% | +10 points |
| Q3 2025 | 14% | +3.2 points |
| Q2 2025 | 12% | +2.5 points |
| Q1 2025 | 3% | -6.4 points |
| Q4 2024 | 1.6% | -7.4 points |
| Q3 2024 | 10% | +1.9 points |
TTEK 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 TTEK on cash flow, with more consistent year-over-year improvement.
TTEK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $225.1M | -35% |
| Q1 2026 | $159.4M | +$171.1M |
| Q4 2025 | $68.1M | +607% |
| Q3 2025 | $95.6M | -3.2% |
| Q2 2025 | $345.6M | +152% |
| Q1 2025 | -$11.8M | -112% |
| Q4 2024 | $9.6M | +66% |
| Q3 2024 | $98.8M | -12% |
TTEK generated $548M in free cash flow over the past year, up 24% 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 | — |
TTEK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -2.1M shares |
| 1 year | -1.9% | -5.1M shares |
| 3 years | -3.2% | -8.5M shares |
| 5 years | -5% | -13.6M shares |
| Available history | -6.6% | -18.3M shares |
TTEK has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $100M |
| Q1 2026 | $52M |
| Q4 2025 | $50M |
| Q3 2025 | $50M |
| Q2 2025 | $25M |
| Q1 2025 | $150M |
| Q4 2024 | $25M |
| Q3 2023 | — |
TTEK spent $252M buying back its own shares over the past year.
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.
TTEK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.9x | Very low |
| Q1 2026 | 1.0x | Very low |
| Q4 2025 | 1.0x | Very low |
| Q3 2025 | 1.3x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 2.1x | Moderate |
| Q4 2024 | 1.3x | Healthy |
| Q3 2024 | 1.0x | Healthy |
TTEK 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).
TTEK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.3 | Neutral |
| Stochastic | 86.5 | Overbought |
TTEK's weekly RSI is 65 (neutral) and its Stochastic is 87 (overbought).
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 TTEK on valuation relative to its sector.
TTEK PE vs Industrials Sector
| Metric | TTEK | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 24x | 2.9% below |
| PE % | 9 | 58 | 49 pts below |
TTEK is trading at 23x earnings, in line with the Industrials sector's median of 24x, though its earnings don't support one.
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.
TTEK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.3 | 8.6% above |
| 20 week MA | $35.1 | 12% above |
| 50 week MA | $33.6 | 17% above |
| 100 week MA | $34.1 | 16% above |
| 200 week MA | $35.1 | 12% above |
TTEK 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.
TTEK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.3 | $23.1 | +34% |
| 2021 | $23.1 | $33.6 | +45% |
| 2022 | $33.6 | $29.8 | -11% |
| 2023 | $29.8 | $33.4 | +12% |
| 2024 | $33.4 | $39.8 | +19% |
| 2025 | $39.8 | $34.0 | -15% |
| 2026 YTD | $34.0 | $39.4 | +16% |
TTEK has the edge over BA on returns for 2026, with the stronger performance.