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.
VVX
V2X, Inc.
VVX's fundamentals are mixed, but it looks expensive: trading at 26x earnings, above its usual 19x. Analysts expect strong earnings growth.
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.
VVX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Stable |
VVX's revenue and profitability are currently healthy, and its cash flow and balance sheet are 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 VVX in the historical PE scenario, which offers more potential upside but is not a forecast.
VVX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $34.48 | -57% |
| Forward | 12x | $80.94 | — |
| Fair | 19x | $59.54 | -26% |
| Current | 26x | $80.94 | — |
| Expensive | 35x | $110 | +36% |
Historical ranges are pointers, not guarantees.
VVX's PE is in its fair range at 26x. If earnings grow as analysts expect, today's price would be 12x 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 VVX on the outlook, with more favorable profitability expectations.
VVX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for VVX, with profitability holding steady.
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.
VVX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.73 | +114% |
| Q3 2026 | $3.15 | +26% |
| Q2 2026 | $2.91 | +32% |
| Q1 2026 | $2.80 | +117% |
| Q4 2025 | $2.45 | +127% |
| Q3 2025 | $2.50 | +762% |
| Q2 2025 | $2.20 | +$2.59 |
| Q1 2025 | $1.29 | +$1.41 |
| Q4 2024 | $1.08 | +$1.81 |
VVX 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.
VVX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.3B | +8.9% |
| Q2 2026 | $1.3B | +17% |
| Q1 2026 | $1.3B | +23% |
| Q4 2025 | $1.2B | +5.3% |
| Q3 2025 | $1.2B | +7.9% |
| Q2 2025 | $1.1B | +0.6% |
| Q1 2025 | $1B | +0.5% |
| Q4 2024 | $1.2B | +11% |
VVX's revenue has grown year over year for 23 quarters in a row: $1.3B last quarter, up 8.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.7% | -0.1 points |
| Q2 2026 | 4.3% | -0.6 points |
| Q1 2026 | 3.5% | +0.1 points |
| Q4 2025 | 4.2% | -0.2 points |
| Q3 2025 | 4.8% | +0.2 points |
| Q2 2025 | 4.9% | +2.4 points |
| Q1 2025 | 3.4% | +0.4 points |
| Q4 2024 | 4.5% | +0.8 points |
VVX 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 VVX on cash flow, with more consistent year-over-year improvement.
VVX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $64M | +83% |
| Q2 2026 | $20.5M | -21% |
| Q1 2026 | -$132.2M | -$34M |
| Q4 2025 | $207.2M | -6.7% |
| Q3 2025 | $35M | -42% |
| Q2 2025 | $26.1M | +4.5% |
| Q1 2025 | -$98.2M | -$33.2M |
| Q4 2024 | $222M | +401% |
VVX still generates free cash flow, though less than at its 2024 peak: $159M 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 | — |
VVX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +64K shares |
| 1 year | -0.8% | -268K shares |
| 3 years | +1.3% | +409K shares |
| 5 years | +167% | +19.8M shares |
| Available history | +169% | +19.9M shares |
VVX has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | $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.
VVX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.5x | Moderate |
| Q2 2026 | 2.7x | Moderate |
| Q1 2026 | 2.8x | Moderate |
| Q4 2025 | 2.4x | Moderate |
| Q3 2025 | 3.1x | Elevated |
| Q2 2025 | 3.1x | Elevated |
| Q1 2025 | 3.5x | Elevated |
| Q4 2024 | 3.1x | Elevated |
VVX 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).
VVX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.0 | Neutral |
| Stochastic | 52.3 | Neutral |
VVX's weekly RSI is 56 (neutral) and its Stochastic is 52 (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 VVX on valuation relative to its sector.
VVX PE vs Industrials Sector
| Metric | VVX | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 24x | 6.8% above |
| PE % | 65 | 58 | 7 pts above |
VVX is trading at 26x earnings, in line with 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.
VVX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $75.0 | 8% above |
| 20 week MA | $77.3 | 4.8% above |
| 50 week MA | $72.0 | 12% above |
| 100 week MA | $61.4 | 32% above |
| 200 week MA | $54.7 | 48% above |
VVX 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.
VVX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51.0 | $47.5 | -6.8% |
| 2021 | $47.5 | $45.8 | -3.6% |
| 2022 | $45.8 | $39.6 | -14% |
| 2023 | $39.6 | $46.4 | +17% |
| 2024 | $46.4 | $47.0 | +1.2% |
| 2025 | $47.0 | $55.8 | +19% |
| 2026 YTD | $55.8 | $80.9 | +45% |
VVX has the edge over BA on returns for 2026, with the stronger performance.