BA
The Boeing Company
BA has lower modeled downside risk, despite its lower overall score.
XMTR
Xometry, Inc.
XMTR has the edge over BA overall, supported by stronger modeled upside.
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.
XMTR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Under pressure | |
| Strong |
XMTR's revenue and balance sheet are currently strong, and its profitability is stable, but its cash flow is under pressure.
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.
XMTR PE Valuation
XMTR 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.
XMTR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for XMTR, 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 the edge over XMTR on earnings quality, reporting a profit while its opponent remains loss making.
XMTR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.28 | — |
| Q3 2026 | -$0.34 | +$0.91 |
| Q2 2026 | -$0.60 | +$0.63 |
| Q1 2026 | -$1.02 | -$0.03 |
| Q4 2025 | -$1.22 | -$0.19 |
| Q3 2025 | -$1.25 | -$0.19 |
| Q2 2025 | -$1.23 | -$0.13 |
| Q1 2025 | -$0.99 | +$0.38 |
| Q4 2024 | -$1.03 | +$0.38 |
XMTR is still losing money, but far less than before: $0.34 per share over the past year, against $2.26 at its worst in late 2021.
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 has the edge over XMTR on profitability, with a higher operating margin.
XMTR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $252.4M | +40% |
| Q2 2026 | $229.3M | +41% |
| Q1 2026 | $205.1M | +36% |
| Q4 2025 | $192.4M | +30% |
| Q3 2025 | $180.7M | +28% |
| Q2 2025 | $162.5M | +23% |
| Q1 2025 | $151M | +23% |
| Q4 2024 | $148.5M | +16% |
XMTR has the edge over BA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0% | +6.1 points |
| Q2 2026 | -2.4% | +3.9 points |
| Q1 2026 | -2.5% | +7.6 points |
| Q4 2025 | -4.6% | +3.2 points |
| Q3 2025 | -6.1% | +2 points |
| Q2 2025 | -6.3% | +5.2 points |
| Q1 2025 | -10% | +4.4 points |
| Q4 2024 | -7.8% | +2 points |
XMTR's operating margin was 0% last quarter, up 6.1 points from the same quarter a year ago, near the top of its range since 2020.
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 XMTR on cash generation, producing positive trailing cash flow while its opponent burns cash.
XMTR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $7.9M | +$9.5M |
| Q2 2026 | -$10.8M | -$3.4M |
| Q1 2026 | $4.4M | +$13.6M |
| Q4 2025 | -$5.9M | -229% |
| Q3 2025 | -$1.7M | +$6.8M |
| Q2 2025 | -$7.4M | +$6.1M |
| Q1 2025 | -$9.2M | +$6.9M |
| Q4 2024 | $4.5M | +$12.3M |
XMTR has burned cash in almost every quarter: −$4M over the past year, against −$14M 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 the edge over XMTR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
XMTR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +14% | +7.4M shares |
| 1 year | +19% | +9.5M shares |
| 3 years | +27% | +12.8M shares |
| 5 years | +36% | +16.1M shares |
XMTR has 60M diluted shares, up 19% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $8.1M |
| Q1 2025 | — |
| Q3 2024 | — |
XMTR hasn't bought back shares in 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.
XMTR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.4x | Net Cash |
XMTR 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).
XMTR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.1 | Neutral |
| Stochastic | 72.5 | Neutral |
XMTR's weekly RSI is 65 (neutral) and its Stochastic is 73 (neutral).
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.
XMTR PE vs Industrials Sector
XMTR 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.
XMTR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $102.9 | 17% above |
| 20 week MA | $96.2 | 25% above |
| 50 week MA | $75.8 | 59% above |
| 100 week MA | $57.2 | 111% above |
| 200 week MA | $39.0 | 209% above |
XMTR 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.
XMTR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $69.5 | $50.9 | -27% |
| 2022 | $50.9 | $31.3 | -39% |
| 2023 | $31.3 | $35.9 | +15% |
| 2024 | $35.9 | $44.2 | +23% |
| 2025 | $44.2 | $62.7 | +42% |
| 2026 YTD | $62.7 | $120.8 | +93% |
XMTR has the edge over BA on returns for 2026, with the stronger performance.