BA
The Boeing Company
BA's fundamentals are strong: its operating margin went from −10% to 10% and revenue grew 18%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
UP
Wheels Up Experience Inc.
There isn't enough reported data to score UP yet.
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.
UP Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| Weak | |
| Unavailable |
UP's revenue, profitability and cash flow are currently under pressure. 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's PE is 18x, but its earnings don't support one, so it isn't a reliable read right now.
UP PE Valuation
UP has no meaningful PE right now: it lost money over the past year.
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.
UP Forward outlook
There aren't enough analyst estimates for UP to show an outlook.
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 UP on earnings quality, reporting a profit while its opponent remains loss making.
UP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$8.54 | +$1.66 |
| Q2 2026 | -$8.46 | +$0.94 |
| Q1 2026 | -$7.89 | +$1.91 |
| Q4 2025 | -$8.40 | +$1.40 |
UP is still losing money, but less than at its worst: $8.54 per share over the past year, against $10.20 at its worst in late 2025.
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 UP 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 has the edge over UP on profitability, with a higher operating margin.
UP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $164.8M | -11% |
| Q2 2026 | $182M | -4% |
| Q1 2026 | $168.9M | -4.8% |
| Q4 2025 | $183.8M | -10% |
| Q3 2025 | $185.5M | -4.3% |
| Q2 2025 | $189.6M | -3.4% |
| Q1 2025 | $177.5M | -9.9% |
| Q4 2024 | $204.8M | -17% |
UP's revenue has slid since its 2021 peak: $165M last quarter, down 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -31% | +2.5 points |
| Q2 2026 | -41% | -9.4 points |
| Q1 2026 | -34% | +12 points |
| Q4 2025 | -0.9% | +26 points |
| Q3 2025 | -33% | -11 points |
| Q2 2025 | -31% | +8.9 points |
| Q1 2025 | -45% | -3.6 points |
| Q4 2024 | -27% | -0.5 points |
UP's operating margin was −31% last quarter, up 2.5 points from the same quarter a year ago.
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 UP on cash generation, producing positive trailing cash flow while its opponent burns cash.
UP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$71.1M | -$10.7M |
| Q2 2026 | -$144.5M | -$65.8M |
| Q1 2026 | -$162M | -$99.4M |
| Q4 2025 | -$58.3M | +$11.9M |
| Q3 2025 | -$60.4M | -$40.3M |
| Q2 2025 | -$78.6M | -$46M |
| Q1 2025 | -$62.6M | +$15.2M |
| Q4 2024 | -$70.2M | -$58.5M |
UP has burned cash in most quarters: −$436M over the past year, against −$272M 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 | — |
UP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +7.2K shares |
| 1 year | +2.7% | +933K shares |
UP has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $37,000 |
| Q2 2026 | $46,000 |
| Q1 2026 | $201,000 |
| Q4 2025 | $543,000 |
| Q3 2025 | $895,000 |
| Q2 2025 | $86,000 |
| Q1 2025 | $109,000 |
| Q4 2024 | $1,000 |
UP spent $827,000 buying back its own shares over the past year, down 24% 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.
UP Net Leverage
UP's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
UP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.7 | Oversold |
| Stochastic | 8.4 | Oversold |
UP's weekly RSI is 30 (oversold) and its Stochastic is 8 (oversold).
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.
UP PE vs Industrials Sector
UP has no meaningful PE right now: it lost money over the past year.
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.
UP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.28 | 25% below |
| 20 week MA | $4.65 | 47% below |
| 50 week MA | $8.28 | 70% below |
| 100 week MA | $18.9 | 87% below |
| 200 week MA | $43.6 | 94% below |
UP is in a downtrend: it's below all five of its weekly moving averages, and 94% below its 200-week average.
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 the edge over UP on returns for 2026, with the stronger performance.
UP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1,930.0 | $2,004.0 | +3.8% |
| 2021 | $2,004.0 | $922.0 | -54% |
| 2022 | $922.0 | $200.0 | -78% |
| 2023 | $200.0 | $68.6 | -66% |
| 2024 | $68.6 | $34.4 | -50% |
| 2025 | $34.4 | $13.4 | -61% |
| 2026 YTD | $13.4 | $2.46 | -82% |
UP has finished five years in a row lower, and it's down 82% so far in 2026.