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.

190.21 1.48 +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) Return on invested capital

Alert me on Return on invested capital

The Boeing Company's return on invested capital over the twelve months to 30 June 2026 was 8.99%, up 0.1 percentage points from fiscal 2025 (8.87%). Over the past ten years it has ranged from −40.1% (fiscal 2020) to 509.9% (fiscal 2016); the current reading is higher than 64% of that period. That is above the Aerospace & Defense industry median of 1.56% and above the Industrials sector median of 2.30%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 8.87% 37.14
FY2024 −28.3% (25.74)
FY2023 −2.53% 6.66
FY2022 −9.19% (2.55)
FY2021 −6.64% 33.42
FY2020 −40.1% (26.30)
FY2019 −13.8% (145.36)
FY2018 131.6% (96.20)
FY2017 227.8% (282.12)
FY2016 509.9% 401.96

Against its own ten years

Low −40.1% High 509.9%
Ten-year median −2.53%
Current reading's percentile 64

Return on invested capital against peers

Company Return on invested capital
GE GE Aerospace compare 26.5%
LMT Lockheed Martin Corporation compare 22.4%
HWM Howmet Aerospace Inc. compare 16.9%
TDG Transdigm Group Incorporated compare 14.3%
GD General Dynamics Corporation compare 11.8%
NOC Northrop Grumman Corporation compare 9.58%
BA The Boeing Company 8.99%
RTX RTX Corporation compare 6.74%
LHX L3Harris Technologies Inc compare 5.12%
Aerospace & Defense industry median 1.56%
Industrials sector median 2.30%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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