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.
- Revenue
- +3.94%
- EPS
- +98.0%
- Free cash flow
- +101.7%
- Total debt
- −13.9%
Quarter to September 2026, against a year earlier
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The Boeing Company (BA) Gross margin
The Boeing Company's gross margin over the twelve months to 30 September 2026 was 9.42%, up 4.6 percentage points from fiscal 2025 (4.79%). Over the past ten years it has ranged from −9.70% (fiscal 2020) to 19.5% (fiscal 2018); the current reading is higher than 27% of that period. That is below the Aerospace & Defense industry median of 26.4% and below the Industrials sector median of 30.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 4.79% | 7.78 |
| FY2024 | −2.99% | (12.92) |
| FY2023 | 9.93% | 4.63 |
| FY2022 | 5.30% | 0.40 |
| FY2021 | 4.90% | 14.60 |
| FY2020 | −9.70% | (15.61) |
| FY2019 | 5.91% | (13.58) |
| FY2018 | 19.5% | 0.91 |
| FY2017 | 18.6% | 3.04 |
| FY2016 | 15.5% | 0.88 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 8.96% | (0.87) |
| Jun 2026 | 9.83% | (1.63) |
| Mar 2026 | 11.5% | 3.89 |
| Dec 2025 | 7.57% | 17.78 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| TDG Transdigm Group Incorporated compare | 59.6% |
| HWM Howmet Aerospace Inc. compare | 36.6% |
| HONA Honeywell Aerospace inc. compare | 36.2% |
| GE GE Aerospace compare | 35.2% |
| RTX RTX Corporation compare | 21.1% |
| NOC Northrop Grumman Corporation compare | 20.0% |
| GD General Dynamics Corporation compare | 15.4% |
| LMT Lockheed Martin Corporation compare | 11.7% |
| BA The Boeing Company | 9.42% |
| Aerospace & Defense industry median | 26.4% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- 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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement