PG vs. BA
PG (The Procter & Gamble Company) and BA (The Boeing Company) are both stocks. PG operates in Household & Personal Products (Consumer Defensive), while BA operates in Aerospace & Defense (Industrials). Over the past 10 years, PG returned 8.96%/yr vs 6.28%/yr for BA. At a 0.26 correlation, their price movements are largely independent.
Performance
PG vs. BA - Performance Comparison
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Returns By Period
In the year-to-date period, PG achieves a 5.93% return, which is significantly higher than BA's 0.89% return. Over the past 10 years, PG has outperformed BA with an annualized return of 8.96%, while BA has yielded a comparatively lower 6.28% annualized return.
PG
- 1D
- 0.86%
- 1M
- 5.18%
- YTD
- 5.93%
- 6M
- 6.28%
- 1Y
- -5.68%
- 3Y*
- 3.69%
- 5Y*
- 4.73%
- 10Y*
- 8.96%
BA
- 1D
- -1.16%
- 1M
- -8.96%
- YTD
- 0.89%
- 6M
- 7.18%
- 1Y
- 7.51%
- 3Y*
- -0.20%
- 5Y*
- -2.40%
- 10Y*
- 6.28%
PG vs. BA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | 5.93% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
BA The Boeing Company | 0.89% | 22.67% | -32.10% | 36.84% | -5.38% | -5.95% | -33.90% | 3.34% | 11.50% | 94.72% |
Correlation
The correlation between PG and BA is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1970 | 0.26 |
The correlation between PG and BA shifts across timeframes, from 0.03 (3 years) to 0.26 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PG:
$361.53B
BA:
$179.22B
PG:
$5.23
BA:
$2.90
PG:
28.63
BA:
75.49
PG:
7.00
BA:
11.83
PG:
4.20
BA:
1.86
PG:
6.70
BA:
29.97
PG:
$86.72B
BA:
$92.18B
PG:
$43.64B
BA:
$4.43B
PG:
$22.63B
BA:
$7.13B
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Return for Risk
PG vs. BA — Risk / Return Rank
PG
BA
PG vs. BA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Procter & Gamble Company (PG) and The Boeing Company (BA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PG | BA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.07 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 0.30 | -0.67 |
| Martin ratioReturn relative to average drawdown | -0.68 | 0.69 | -1.37 |
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Drawdowns
PG vs. BA - Drawdown Comparison
The maximum PG drawdown since its inception was -54.25%, smaller than the maximum BA drawdown of -89.45%. Use the drawdown chart below to compare losses from any high point for PG and BA.
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Drawdown Indicators
| PG | BA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.25% | -89.45% | +35.20% |
Max Drawdown (1Y)Largest decline over 1 year | -15.52% | -24.96% | +9.44% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -48.31% | +27.16% |
Max Drawdown (5Y)Largest decline over 5 years | -23.77% | -53.76% | +29.99% |
Max Drawdown (10Y)Largest decline over 10 years | -23.77% | -77.92% | +54.15% |
Current DrawdownCurrent decline from peak | -13.29% | -49.09% | +35.80% |
Average DrawdownAverage peak-to-trough decline | -12.16% | -31.02% | +18.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.80% | 10.95% | -2.15% |
Volatility
PG vs. BA - Volatility Comparison
The current volatility for The Procter & Gamble Company (PG) is 6.99%, while The Boeing Company (BA) has a volatility of 12.44%. This indicates that PG experiences smaller price fluctuations and is considered to be less risky than BA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PG | BA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.99% | 12.44% | -5.45% |
Volatility (6M)Calculated over the trailing 6-month period | 15.01% | 23.39% | -8.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.78% | 32.33% | -13.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.82% | 36.58% | -18.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.05% | 41.61% | -22.56% |
Dividends
PG vs. BA - Dividend Comparison
PG's dividend yield for the trailing twelve months is around 2.85%, while BA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA The Boeing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.96% | 2.52% | 2.12% | 1.93% | 2.80% | 2.52% |
PG The Procter & Gamble Company | 2.85% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
PG vs. BA - Financials Comparison
This section allows you to compare key financial metrics between The Procter & Gamble Company and The Boeing Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PG vs. BA - Profitability Comparison
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
BA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a gross profit of 2.55B and revenue of 22.22B. Therefore, the gross margin over that period was 11.5%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
BA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported an operating income of 448.00M and revenue of 22.22B, resulting in an operating margin of 2.0%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
BA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a net income of -4.00M and revenue of 22.22B, resulting in a net margin of -0.0%.
Frequently Asked Questions
PG and BA have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BA has higher volatility (12.44%) compared to PG (6.99%). In terms of maximum drawdown, PG dropped -54.25% vs BA's -89.45%.
BA currently has the higher Sharpe Ratio (0.24 vs -0.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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