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.

190.20 1.47 +0.78%
Market cap
$149.2B
P/E
71.2×
Fwd P/E
468×
Dividend yield
—
F-score
6/9
Altman Z
1.51
Beneish M
−2.98
Dividend safety
n/a

The Boeing Company (BA) Operating margin

Alert me on Operating margin

The Boeing Company's operating margin over the twelve months to 30 June 2026 was 4.89%, up 0.1 percentage points from fiscal 2025 (4.79%). Over the past ten years it has ranged from −21.9% (fiscal 2020) to 11.9% (fiscal 2018); the current reading is higher than 64% of that period. That is above the Aerospace & Defense industry median of 4.54% and in line with the Industrials sector median of 5.13%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 4.79% 20.89
FY2024 −16.1% (15.11)
FY2023 −0.99% 4.29
FY2022 −5.28% (0.67)
FY2021 −4.61% 17.27
FY2020 −21.9% (19.38)
FY2019 −2.50% (14.42)
FY2018 11.9% 0.84
FY2017 11.1% 4.04
FY2016 7.04% (0.77)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 0.64% (1.38)
Mar 2026 2.02% (34.63)
Dec 2025 36.7% 57.20
Sep 2025 −20.6% (19.78)
42 more quarters

Against its own ten years

Low −21.9% High 11.9%
Ten-year median −0.99%
Current reading's percentile 64

Operating margin against peers

Company Operating margin
TDG Transdigm Group Incorporated compare 46.0%
HWM Howmet Aerospace Inc. compare 27.4%
GE GE Aerospace compare 23.2%
LMT Lockheed Martin Corporation compare 11.9%
RTX RTX Corporation compare 11.2%
NOC Northrop Grumman Corporation compare 10.7%
LHX L3Harris Technologies Inc compare 10.5%
GD General Dynamics Corporation compare 10.3%
BA The Boeing Company 4.89%
Aerospace & Defense industry median 4.54%
Industrials sector median 5.13%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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