Boeing vs. GE Aerospace: Industrials Stock Showdown in 2026

Investors face a choice between aviation giant Boeing and focused engine manufacturer $GE+WL Aerospace in 2026. Boeing, a key player in commercial aircraft and defense, saw its FY 2025 revenue climb to $89.5 billion, a 34.5% increase year-over-year, and returned to profitability with $2.2 billion in net income, a substantial turnaround from a $11.8 billion net loss in 2024. However, the company’s free cash flow was negative $1.9 billion in the period.

$GE+WL Aerospace reported FY 2025 revenue of approximately $45.9 billion, an 18.5% growth, with an operating margin of 19%. The company’s financial performance is influenced by factors such as stock-based compensation, which comprised about 40% of its operating cash flow. The comparison highlights differing financial profiles and risk exposures within the recovering aerospace industry.