BA
The Boeing Company
BA has the edge over WMS overall, supported by stronger fundamentals.
WMS
Advanced Drainage Systems, Inc.
WMS has slightly lower modeled downside risk, despite its lower overall 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.
WMS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Stable |
WMS's revenue, profitability and cash flow are currently healthy, and its balance sheet 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 WMS in the historical PE scenario, which offers more potential upside but is not a forecast.
WMS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $100 | -19% |
| Forward | 19x | $124 | — |
| Current | 23x | $124 | — |
| Fair | 25x | $134 | +8.5% |
| Expensive | 43x | $226 | +83% |
Historical ranges are pointers, not guarantees.
WMS's PE is in its fair range at 23x. If earnings grow as analysts expect, today's price would be 19x 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 WMS on the outlook, with more favorable profitability expectations.
WMS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for WMS, 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 the edge over WMS on earnings, with more consistent year-over-year improvement.
WMS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.43 | +22% |
| Q3 2026 | $5.26 | -10% |
| Q2 2026 | $5.79 | +4.5% |
| Q1 2026 | $5.44 | -5.6% |
| Q4 2025 | $6.01 | +0.3% |
| Q3 2025 | $5.86 | -6.8% |
| Q2 2025 | $5.54 | -12% |
| Q1 2025 | $5.76 | -11% |
| Q4 2024 | $5.99 | -4.9% |
WMS earned $5.26 per share over the past year, down 10% from the year before.
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 WMS on sales, with stronger typical year-over-year growth.
| 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.
WMS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $889.4M | +4.6% |
| Q2 2026 | $1B | +21% |
| Q1 2026 | $676.8M | +9.9% |
| Q4 2025 | $693.4M | +0.4% |
| Q3 2025 | $850.4M | +8.7% |
| Q2 2025 | $829.9M | +1.8% |
| Q1 2025 | $615.8M | -5.8% |
| Q4 2024 | $690.5M | +4.3% |
WMS's revenue has grown year over year for six quarters in a row: $889M last quarter, up 4.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 22% | -4.4 points |
| Q2 2026 | 25% | +0.6 points |
| Q1 2026 | 7.9% | -11 points |
| Q4 2025 | 20% | +1.4 points |
| Q3 2025 | 26% | +2.3 points |
| Q2 2025 | 25% | -3 points |
| Q1 2025 | 19% | -1.7 points |
| Q4 2024 | 18% | -4.8 points |
WMS 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 WMS on cash flow, with more consistent year-over-year improvement.
WMS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $156.2M | -11% |
| Q2 2026 | $203.2M | -8.6% |
| Q1 2026 | -$13.1M | -$7.8M |
| Q4 2025 | $183.6M | +35% |
| Q3 2025 | $176.4M | +57% |
| Q2 2025 | $222.4M | +77% |
| Q1 2025 | -$5.3M | +$24.5M |
| Q4 2024 | $135.7M | -28% |
WMS generated $530M in free cash flow over the past year, about the same as 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 | — |
WMS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -1.2M shares |
| 1 year | -3.2% | -2.5M shares |
| 3 years | -4.4% | -3.5M shares |
| 5 years | +5.4% | +3.9M shares |
| Available history | +9.4% | +6.5M shares |
WMS has the edge over BA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $139.7M |
| Q2 2026 | $233.2M |
| Q1 2026 | $92M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
WMS spent $465M buying back its own shares over the past year, after none 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.
WMS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.7x | Healthy |
| Q2 2026 | 1.6x | Healthy |
| Q1 2026 | 1.7x | Healthy |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 0.8x | Very low |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 0.9x | Very low |
WMS 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).
WMS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.5 | Neutral |
| Stochastic | 20.8 | Neutral |
WMS's weekly RSI is 41 (neutral) and its Stochastic is 21 (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 WMS on valuation relative to its sector.
WMS PE vs Industrials Sector
| Metric | WMS | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 24x | 2.3% below |
| PE % | 37 | 58 | 21 pts below |
WMS is trading at 23x 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.
WMS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $128.5 | 3.9% below |
| 20 week MA | $136.2 | 9.3% below |
| 50 week MA | $143.7 | 14% below |
| 100 week MA | $133.9 | 7.8% below |
| 200 week MA | $132.5 | 6.8% below |
WMS is in a downtrend: it's below all five of its weekly moving averages, and 6.8% 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 finished lower in four of the last six years. It's down 21% so far in 2026.
WMS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.3 | $81.5 | +107% |
| 2021 | $81.5 | $133.6 | +64% |
| 2022 | $133.6 | $82.8 | -38% |
| 2023 | $82.8 | $140.6 | +70% |
| 2024 | $140.6 | $115.6 | -18% |
| 2025 | $115.6 | $149.6 | +29% |
| 2026 YTD | $149.6 | $123.5 | -17% |
WMS has the edge over BA on returns for 2026, with the stronger performance.