The Boeing Company
BA Industrials Aerospace & Defense
The Boeing Company’s revenue for fiscal 2025 (year ended December 2025) was $89.5 billion, up 34.5% from fiscal 2024. In the quarter to June 2026, revenue grew 7.96%, EPS grew 27.2%, free cash flow grew 417.6% and total debt fell 13.9%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for twenty-five consecutive years; insiders bought in the last twelve months.
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The Boeing Company (BA) Debt to equity
The Boeing Company's debt to equity at the end of the quarter to 30 June 2026 was 7.5×, down 2.4× from fiscal 2025 (9.9×). Over the past ten years it has ranged from −13.8× (fiscal 2024) to 33.8× (fiscal 2018); the current reading is higher than 82% of that period. That is above the Aerospace & Defense industry median of 0.2× and above the Industrials sector median of 0.3×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 9.9× | — |
| FY2024 | −13.8× | — |
| FY2023 | −3.0× | — |
| FY2022 | −3.6× | — |
| FY2021 | −3.9× | — |
| FY2020 | −3.5× | — |
| FY2019 | −3.3× | — |
| FY2018 | 33.8× | 420.40% |
| FY2017 | 6.5× | (42.81%) |
| FY2016 | 11.3× | 628.54% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 7.5× | (4.81%) |
| Mar 2026 | 7.9× | (20.46%) |
| Dec 2025 | 9.9× | — |
| Sep 2025 | −6.5× | — |
| 42 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| TDG Transdigm Group Incorporated compare | −3.3× |
| GD General Dynamics Corporation compare | 0.3× |
| RTX RTX Corporation compare | 0.5× |
| LHX L3Harris Technologies Inc compare | 0.6× |
| HWM Howmet Aerospace Inc. compare | 0.7× |
| NOC Northrop Grumman Corporation compare | 0.8× |
| GE GE Aerospace compare | 1.1× |
| LMT Lockheed Martin Corporation compare | 2.3× |
| BA The Boeing Company | 7.5× |
| Aerospace & Defense industry median | 0.2× |
| Industrials sector median | 0.3× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on BA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement