BA vs GE vs HEI Stock Comparison

Boeing, General Electric and Heico Prices as of Oct 23, 2026 Peers: Industry group
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BA Boeing Co
$188.29 -5.7% 1M -13.5% 1Y
Market cap
$148.46B
P/E
71.0x
Revenue (TTM)
$94.00B
Div. yield
–
Commercial Aerospace Industrials
1 win
GE General Electric Co
$285.64 -10.7% 1M -6.8% 1Y
Market cap
$298.78B
P/E
32.8x
Revenue (TTM)
$52.58B
Div. yield
0.01%
Commercial Aerospace Industrials
7 wins
HEI Heico Corp
$297.42 -4.3% 1M -6.3% 1Y
Market cap
$43.20B
P/E
51.0x
Revenue (TTM)
$5.18B
Div. yield
0.00%
Commercial Aerospace Industrials
4 wins

Head to Head

12 decided of 12

General Electric leads on 7 of the 12 questions below (General Electric 7, Heico 4, Boeing 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBAGEHEILeader
Larger companyMarket capitalisation $148.46B $298.78B $43.20B GE
Cheaper on earningsLower P/E, profitable companies only 71.0x 32.8x 51.0x GE
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 38.6x 48.9x GE
Faster revenue growthRevenue growth, trailing twelve months +24.8% +19.6% +20.7% BA
More profitableNet margin, trailing twelve months 2.2% 17.3% 16.4% GE
Better return on capitalReturn on invested capital 7.7% -57.8% 13.5% HEI
Less leveragedLower net debt / EBITDA 3.8x -0.5x 1.6x GE
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% GE
Better 1-year returnPrice return, last 12 months -13.5% -6.8% -6.3% HEI
Better 5-year returnAnnualised price return, 5 years -2.4%/yr +34.6%/yr +16.2%/yr GE
Less volatileAnnualised volatility, 1 year 34.4% 33.1% 32.1% HEI
Higher overall scoreMean of the five percentile scores vs peers 48/100 45/100 67/100 HEI

Percentile Scorecard

BAGEHEI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBAGEHEI
Valuation 44 #56 of 100 32 #68 of 100 35 #65 of 100
Growth 81 #19 of 97 28 #70 of 97 79 #21 of 97
Profitability 54 #45 of 96 59 #40 of 96 94 #7 of 96
Financial Health 11 #94 of 106 19 #86 of 106 59 #44 of 106
Shareholder Returns – 86 #10 of 65 69 #21 of 65
Overall 48 45 67
  • BA ranked among 107 companies in Aerospace and Defense
  • GE ranked among 107 companies in Aerospace and Defense
  • HEI ranked among 107 companies in Aerospace and Defense

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBAGEHEISPY
1 month -5.7%-10.7%-4.3% -1.0%
3 months -10.2%-19.2%-15.0% +2.9%
6 months -19.0%+0.4%+12.6% +6.4%
Year to date -13.3%-7.3%-8.1% +11.4%
1 year -13.5%-6.8%-6.3% +13.1%
3 years +3.3%+215.0%+88.8% +79.4%
3 years, per year +1.1%+46.6%+23.6% +21.5%
5 years -11.6%+340.7%+111.6% +67.7%
5 years, per year -2.4%+34.6%+16.2% +10.9%
10 years +38.8%+105.7%+773.2% +255.2%
10 years, per year +3.3%+7.5%+24.2% +13.5%

Risk

MeasureBAGEHEISPY
Volatility, 1Y 34.4%33.1%32.1% 12.7%
Downside volatility, 1Y 33.2%35.1%31.1% 12.7%
Beta vs S&P 500, 1Y 1.231.211.12 1.00
Return / volatility, 1Y -0.39-0.20-0.20 1.03
Max drawdown, 5Y -50.3%-45.1%-27.1% -25.4%
From 52-week high -25.3%-25.0%-20.6% -2.5%
52-week high $252.15$381.07$374.67 $779.14
52-week low $179.12$273.25$260.99 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBAGEHEI
P/E now vs peer median 71.2xmedian 26.2x 32.5xmedian 26.2x 49.0xmedian 26.2x
P/S now vs peer median 1.6xmedian 2.9x 5.6xmedian 2.9x 8.0xmedian 2.9x
EV/EBITDA now vs peer median 25.7xmedian 14.7x -13.0xmedian 14.7x 30.0xmedian 14.7x
P/FCF now vs peer median -708.7xmedian 24.9x 36.9xmedian 24.9x 40.3xmedian 24.9x
P/B now vs peer median 24.3xmedian 2.4x 16.6xmedian 2.4x 8.3xmedian 2.4x
PEG now vs peer median 2.15median 0.92 -113.70median 0.92 1.75median 0.92

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBAGEHEI
Revenue $94.00B $52.58B $5.18B
Gross profit $4.40B $18.52B $2.09B
Operating income $4.60B -$24.73B $1.24B
Net income $2.43B $9.13B $912.35M
Free cash flow -$210.00M $7.99B $1.03B
R&D $3.69B $1.81B –
EPS (diluted) $2.64 $8.74 $6.00
Cash & equivalents $7.24B $8.76B $240.96M
Total debt $45.90B $79.60B $2.54B
Shares (diluted) 790.80M 1.04B 141.27M
Enterprise value $55.15B $257.30B $42.27B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBAGEHEI
P/E 71.2x 32.5x 49.0x
P/FCF -708.7x 36.9x 40.3x
P/Operating cash flow 40.9x 31.3x 37.4x
P/S 1.6x 5.6x 8.0x
P/B 24.3x 16.6x 8.3x
P/Tangible book 32.5x 21.5x 12.8x
EV/EBITDA 25.7x -13.0x 30.0x
EV/EBIT 38.0x -12.4x 35.2x
EV/Revenue 1.9x 5.8x 8.5x
EV/FCF -831.9x 38.3x 42.6x
EV/Operating cash flow 48.0x 32.4x 39.5x
PEG (3Y EPS CAGR) 2.15 -113.70 1.75

Growth

14 metrics
MetricBAGEHEI
Revenue growth (1Y) 24.8% 19.6% 20.7%
Revenue CAGR (3Y) 8.5% 7.2% 25.1%
Gross profit growth (1Y) 1,902% 11.7% 23.4%
Gross profit CAGR (3Y) -3.6% 10.9% 26.7%
Operating income growth (1Y) 149.8% -29.4% 29.8%
Operating income CAGR (3Y) 49.8% -126.8% 28.8%
Net income growth (1Y) 122.8% 13.2% 31.5%
Net income CAGR (3Y) 36.4% -3.4% 27.4%
EPS growth (1Y) 118.3% 15.5% 31.8%
EPS CAGR (3Y) 33.1% -0.3% 27.9%
Operating cash flow growth (1Y) 158.8% 21.4% 31.6%
Operating cash flow CAGR (3Y) -26.6% 6.3% 35.7%
Free cash flow growth (1Y) 97.5% 20.1% 31.7%
Free cash flow CAGR (3Y) -26.6% 2.7% 36.8%

Profitability

14 metrics
MetricBAGEHEI
Gross margin 4.7% 35.2% 40.4%
EBITDA margin 7.2% -44.6% 28.2%
Operating margin 4.9% -47.0% 24.0%
Pretax margin 3.0% 20.3% 21.6%
Net margin 2.2% 17.3% 16.4%
FCF margin -0.2% 15.2% 19.9%
Operating cash flow margin 3.9% 17.9% 21.5%
Return on equity 40.4% 51.2% 18.5%
Return on assets 1.5% 7.2% 9.3%
Return on invested capital 7.7% -57.8% 13.5%
Return on capital employed 8.2% -29.1% 14.2%
Asset turnover 0.6x 0.4x 0.5x
Cash conversion (OCF / net income) 1.5x 1.0x 1.2x
Stock comp / revenue 0.5% – 1.0%

Financial Health

11 metrics
MetricBAGEHEI
Debt / assets 27.7% 15.2% 25.6%
Debt / equity 7.5x 1.1x 0.5x
Net debt / EBITDA 3.8x -0.5x 1.6x
Debt / FCF -218.6x 2.4x 2.5x
Liabilities / assets 96.3% 86.0% 49.4%
Equity / assets 3.7% 14.0% 50.6%
Interest coverage 1.8x -26.7x 9.4x
Current ratio 1.1x 1.0x 2.7x
Quick ratio 0.3x 0.6x 1.0x
Cash ratio 0.2x 0.2x 0.2x
Altman Z-score 1.47 2.40 6.81

Shareholder Returns

7 metrics
MetricBAGEHEI
Dividend yield – 0.6% 0.1%
Net buyback yield – 2.9% 0.0%
Shareholder yield 0.0% 3.5% 0.1%
Payout ratio (earnings) – 19.1% 3.8%
Payout ratio (FCF) – 21.8% 3.4%
Dividend growth (1Y) – 26.6% 9.1%
Dividend CAGR (3Y) – 36.5% 8.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBAGEHEI
Forward P/E – 38.6xFY2026 48.9xFY2026
EPS, next fiscal year $-1.03FY2026 $7.40FY2026 $6.08FY2026
EPS growth, next FY -186.6%FY2026 +16.2%FY2026 +24.1%FY2026
EPS growth, the year after – +28.6% +20.6%
Revenue, next fiscal year $91.39BFY2026 $53.75BFY2026 $5.68BFY2026
Revenue growth, next FY +2.2%FY2026 +27.0%FY2026 +26.6%FY2026
Revenue growth, the year after +18.3% +11.1% +10.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBAGEHEI
Held by institutions 75.6% 79.4% 78.3%
Institutions holding 2,626 3,441 772
Change in shares held, QoQ +2.3% +1.5% +7.4%
Institutions buying 1,327 1,829 371
Institutions selling 843 1,148 267
Buyers to sellers 1.57 1.59 1.39

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BAGEHEI
BA 1.00 0.47 0.40
GE 0.47 1.00 0.63
HEI 0.40 0.63 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BA, GE and HEI?

General Electric (GE) is the largest by market capitalisation: Boeing (BA) $148.46B, General Electric (GE) $298.78B, Heico (HEI) $43.20B.

Which stock is cheaper, BA, GE and HEI?

General Electric (GE) trades on the lowest price-to-earnings ratio (Boeing (BA) 71.0x, General Electric (GE) 32.8x, Heico (HEI) 51.0x). On next year's consensus earnings, General Electric (GE) is cheapest (General Electric (GE) 38.6x, Heico (HEI) 48.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Boeing (BA) grew revenue fastest over the trailing twelve months: Boeing (BA) +24.8%, General Electric (GE) +19.6%, Heico (HEI) +20.7%.

Which company is more profitable?

General Electric (GE) has the highest net margin (Boeing (BA) 2.2%, General Electric (GE) 17.3%, Heico (HEI) 16.4%). On return on invested capital, Heico (HEI) leads (Boeing (BA) 7.7%, General Electric (GE) -57.8%, Heico (HEI) 13.5%).

Which stock has performed better?

Over the past year Heico (HEI) returned the most: Boeing (BA) -13.5%, General Electric (GE) -6.8%, Heico (HEI) -6.3%. Over five years, General Electric (GE) compounded fastest (Boeing (BA) -2.4%/yr, General Electric (GE) +34.6%/yr, Heico (HEI) +16.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

General Electric (GE) has the highest dividend yield: Boeing (BA) 0.00%, General Electric (GE) 0.01%, Heico (HEI) 0.00%. Boeing (BA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Heico (HEI) has been the steadiest (Boeing (BA) 34.4%, General Electric (GE) 33.1%, Heico (HEI) 32.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BA, GE and HEI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, General Electric (GE) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.