COMPARE · Data as of August 21, 2026
BA vs LMT
Verdict: Side-by-side breakdown using the Bull Rankings model. BA scored 26.9, LMT scored 67.8 — LMT leads.
Compare another set
BA
The Boeing Company
26.9
$214.20 · $169.3B
fundamentals as of
Score gap
40.9
LMT leads
LMT
Lockheed Martin Corporation
67.8
$563.57 · $130.1B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- Fastest growthBA+24.8%
- Strongest balance sheetLMT2.34
- Highest qualityLMT80 / 100
- Largest discount to fair valueLMT-8%
Side by side · every name on one set of axes
The model, pillar by pillar (0–100 each)
BA
stronger →← stronger
LMT
44
Qualityreturns · margins · balance sheet
80
88
Growthrevenue & earnings expansion
67
3
Valuevaluation vs sector peers
58
LMT is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
BA
LMT
-$210mF
FCF
$8.7bB+
+24.8%A-
Rev
+7.2%B
7.91D
D/E
2.34D
1.8xB+
P/S
—
89.29D
PEG
1.22B
—
P/E
20.8xB+
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
BA
LMT
—
Price vs fair valuelower is cheaper
8% below
—
Growth the price implies10-yr FCF · lower = less priced in
~3%/yr
—
1-yr DCF upside
+3%
—
5-yr DCF upside
+9%
—
10-yr DCF upside
+18%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
BA
Why this score
- Diluting shareholders
LMT
Why this score
- Durable high returns
The companies
BAThe Boeing Company
Why now
Aerospace & Defense · market cap $169.3b. 16% off the 52-week high of $254.35. Revenue growing +25%, comfortably above the S&P median. 26 sell-side analysts rate this a Buy with a mean 1-yr target of $274.85 (implying +28% upside).
Moat
ROE 40% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. $169.3b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
D/E 7.91 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Free cash flow is negative (-$210m) — capital raises or debt issuance likely required; dilution / leverage risk. Trailing P/E 77.1x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating.
LMTLockheed Martin Corporation
Why now
Aerospace & Defense · market cap $130.1b. 19% off the 52-week high of $692.00. 19 sell-side analysts rate this a Hold with a mean 1-yr target of $632.95 (implying +12% upside).
Moat
ROE 72% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 139% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. $130.1b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
D/E 2.34 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where BA and LMT diverge
On the headline score the gap is 40.9 points in favor of LMT. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
- ValueBA 3.4 · LMT 57.7LMT +54.3
- QualityBA 44.4 · LMT 80.4LMT +36.0
- GrowthBA 87.8 · LMT 67.1BA +20.7
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.