Saturday 10 October 2026 Export all BA data to Excel Powerpack

The Boeing Company

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.

190.37 2.62 +1.40%

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Market cap: $148.4B
P/E: 71.3×
Fwd P/E: 468×
Dividend yield: —
F-score: 6/9
Altman Z: 1.51
Beneish M: −2.98
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 0.90

Total sells 5.25

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	—	1	—	1	—	—	—	—	—
Sell	1	—	—	4	—	—	—	—	—	—	—	—

Insider Ownership 0.14%

Capital & Financial Ratios $m

Market Cap 148,390.00

Revenue 93,995.00

Net Income 2,446.00

Free Cash Flow (129.00)

Net Debt 25,878.00

Current Ratio 1.14

Debt/Equity 7.51

P/E ratio 71.30

Fwd P/E 468.00

P/S ratio 1.60

P/B ratio 24.64

Past 5Y EPS Growth —

This Y EPS Growth (189.54%)

Next Y EPS Growth 446.57%

Next Y revenue growth 9.36%

Next 5Y EPS Growth 87.34%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 84.33%

10-year low 10-year high

P/S against its own 10 years 36.63%

10-year low 10-year high

P/B against its own 10 years 14.82%

10-year low 10-year high

EV/Sales against its own 10 years 22.67%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	2.06	2.06
2019	8.22	2.06 2.06 2.06 2.06
2018	6.84	1.71 1.71 1.71 1.71
2017	5.68	1.42 1.42 1.42 1.42
2016	4.36	1.09 1.09 1.09 1.09

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	15,965	26,282	29,400	20,022
Receivables	11,065	11,201	12,079	13,175
Inventory	79,741	87,550	84,679	88,388
Other	2,504	2,965	2,301	3,045
	109,275	127,998	128,459	124,630

	2023	2024	2025	Q'26
Payables	11,964	11,364	13,109	14,346
ST’ Debt	5,204	1,278	8,461	4,565
Other	56,328	60,333	59,404	64,059
	95,827	97,078	108,115	109,563

Compound Annual Growth %

	10y	5y	3y
Sales	(0.71%)	9.00%	10.33%
Cash Flow	(19.54%)	0.00%	(32.82%)
Earnings	(9.58%)	0.00%	0.00%
Book Value	(1.58%)	0.00%	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	22,217	24,560	—	—	—
’25	19,496	22,749	23,270	23,948	89,463
’24	16,569	16,866	17,840	15,242	66,517
’23	17,921	19,751	18,104	22,018	77,794
’22	13,991	16,681	15,956	19,980	66,608
’21	15,217	16,998	15,278	14,793	62,286
’20	16,908	11,807	14,139	15,304	58,158

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(179)	1,364	—	—	—
’25	(1,616)	227	1,123	1,331	1,065
’24	(3,362)	(3,923)	(1,345)	(3,450)	(12,080)
’23	(318)	2,875	22	3,381	5,960
’22	(3,216)	81	3,190	3,457	3,512
’21	(3,387)	(483)	(262)	716	(3,416)
’20	(4,302)	(5,280)	(4,819)	(4,009)	(18,410)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1,452)	632	—	—	—
’25	(2,287)	(199)	239	443	(1,804)
’24	(3,918)	(4,396)	(1,940)	(4,095)	(14,349)
’23	(781)	2,587	(304)	2,958	4,460
’22	(3,557)	(174)	2,909	3,147	2,325
’21	(3,676)	(656)	(173)	638	(3,867)
’20	(4,672)	(5,590)	(4,902)	(4,253)	(19,417)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.11)	(0.67)	—	—	—
’25	(0.16)	(0.92)	(7.14)	10.23	2.48
’24	(0.56)	(2.33)	(9.97)	(5.46)	(18.36)
’23	(0.69)	(0.25)	(2.70)	(0.04)	(3.67)
’22	(2.06)	0.32	(5.49)	(1.06)	(8.30)
’21	(0.92)	1.00	(0.19)	(7.02)	(7.15)
’20	(1.11)	(4.20)	(0.79)	(14.65)	(20.88)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	102.10	155.21	292.47	309.40	89.00	185.26	113.02	176.25	137.03	128.88	Analyst estimates 2026–2028 Powerpack
	High	160.07	299.33	394.28	446.01	349.95	278.57	229.67	267.54	258.59	242.69
People
People	Employees	150,500	140,800	153,000	161,100	141,000	142,000	156,000	171,000	172,000	182,000
	Revenue/emp, $m	0.62	0.67	0.66	0.48	0.41	0.44	0.43	0.45	0.39	0.49
Income, $m
Income, $m	Revenue	93,496	94,005	101,127	76,559	58,158	62,286	66,608	77,794	66,517	89,463
	Gross margin, %	15.54	18.58	19.49	5.91	(9.70)	4.90	5.30	9.93	(2.99)	4.79
	EBT	5,783	10,107	11,604	(2,259)	(14,476)	(5,033)	(5,022)	(2,005)	(12,210)	2,635
	EBT margin, %	6.19	10.75	11.47	(2.95)	(24.89)	(8.08)	(7.54)	(2.58)	(18.36)	2.95
	Net income	5,034	8,458	10,460	(636)	(11,941)	(4,290)	(5,053)	(2,242)	(11,829)	2,238
	Depreciation	1,889	2,047	2,114	2,271	2,246	2,144	1,979	1,861	1,836	1,953
Per share, $
Per share, $	Revenue	147.12	156.02	174.60	135.41	102.28	106.00	111.97	128.42	102.82	117.75
	Earnings	7.70	13.60	18.05	(1.12)	(20.88)	(7.15)	(8.30)	(3.67)	(18.36)	2.49
	Cash flow	16.52	22.15	26.45	(4.33)	(32.38)	(5.81)	5.90	9.84	(18.67)	1.40
	Capex	(4.05)	(2.95)	(2.88)	(2.88)	(1.77)	(0.77)	(2.00)	(2.48)	(3.51)	(3.78)
	Free cash flow	12.46	19.20	23.57	(7.20)	(34.15)	(6.58)	3.91	7.36	(22.18)	(2.37)
	Book value	1.38	2.84	0.71	(14.68)	(31.79)	(25.27)	(26.64)	(28.44)	(6.05)	7.18
	Shares, m	636	603	579	565	569	588	595	606	647	760
Valuation, ×
Valuation, ×	P/E	20.25	21.76	17.85	0.00	0.00	0.00	0.00	0.00	0.00	91.61
	P/S	1.07	1.90	1.85	2.41	2.09	1.90	1.75	1.96	1.72	1.84
	P/B	113.75	104.41	455.59	0.00	0.00	0.00	0.00	0.00	0.00	30.26
	EV/Sales	1.07	1.91	1.90	2.63	2.75	2.57	2.34	2.43	2.14	2.12
	EV/FCF	12.81	15.56	14.07	(49.30)	(8.17)	(39.97)	71.40	43.39	(9.90)	(105.14)
Cash, $m
Cash, $m	Operating cash flow	10,496	13,346	15,322	(2,446)	(18,410)	(3,416)	3,512	5,960	(12,080)	1,065
	Capex	(2,575)	(1,778)	(1,671)	(1,627)	(1,007)	(451)	(1,187)	(1,500)	(2,269)	(2,869)
	Free cash flow	7,921	11,568	13,651	(4,073)	(19,417)	(3,867)	2,325	4,460	(14,349)	(1,804)
Balance, $m
Balance, $m	Working capital	12,354	10,546	6,240	4,917	34,362	26,674	19,471	13,448	30,920	20,344
	Total debt	9,952	11,117	13,847	27,302	63,583	58,102	57,001	52,307	53,864	54,098
	Net debt	(77)	1,125	5,283	17,272	37,993	41,858	39,781	36,342	27,582	24,698
	Shareholders’ equity	877	1,713	410	(8,300)	(18,075)	(14,846)	(15,848)	(17,228)	(3,914)	5,457
Returns, %
Returns, %	ROA	5.46	8.35	9.10	(0.51)	(8.31)	(2.89)	(3.58)	(1.62)	(8.10)	1.16
	ROIC	509.92	227.80	131.60	(13.76)	(40.06)	(6.64)	(9.19)	(2.53)	(28.27)	8.87
	ROE	138.33	652.66	984.74	16.12	90.03	25.53	32.16	13.44	112.30	246.77

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
GE GE Aerospace	$317.1B	36.0×	40.3×	+21.10% (above 0%: growing)	+19.37% (above 0%: growing)	+50.21% (above 0%: growing)	35.03%	23.11%	Compare
RTX RTX Corporation	$248.4B	32.3×	31.6×	+14.49% (above 0%: growing)	+27.42% (above 0%: growing)	+1,553.61% (above 0%: growing)	20.77%	11.38%	Compare
BA The Boeing Company	$148.4B	71.3×	468×	+7.96% (above 0%: growing)	n/m	+417.59% (above 0%: growing)	9.83%	0.64%
LMT Lockheed Martin Corporation	$117.2B	18.7×	17.5×	+10.51% (above 0%: growing)	+446.58% (above 0%: growing)	+2,044.67% (above 0%: growing)	12.19%	12.36%	Compare
GD General Dynamics Corporation	$89.3B	20.0×	20.8×	+8.07% (above 0%: growing)	+13.49% (above 0%: growing)	+17.57% (above 0%: growing)	15.49%	10.36%	Compare
HWM Howmet Aerospace Inc.	$88.8B	48.3×	48.4×	+24.06% (above 0%: growing)	+31.68% (above 0%: growing)	+38.04% (above 0%: growing)	37.34%	27.92%	Compare
NOC Northrop Grumman Corporation	$68.8B	15.2×	19.5×	+5.07% (above 0%: growing)	−5.75% (below 0%: shrinking)	+53.53% (above 0%: growing)	19.50%	10.08%	Compare
TDG Transdigm Group Incorporated	$60.2B	33.6×	35.3×	+22.53% (above 0%: growing)	+10.86% (above 0%: growing)	+13.44% (above 0%: growing)	59.39%	44.76%	Compare
LHX L3Harris Technologies Inc	$44.1B	23.8×	26.5×	+8.39% (above 0%: growing)	+28.57% (above 0%: growing)	+37.43% (above 0%: growing)	25.54%	11.12%	Compare
Median of peers	$89.0B	28.1×	29.1×	+12.50%	+23.40%	+44.13%	23.16%	11.87%

All 82 Aerospace & Defense stocks →

The Boeing Company (BA) key facts

Strength: The Boeing Company’s revenue for fiscal 2025 (year ended December 2025) was $89.5 billion, up 34.5% from fiscal 2024.
The Boeing Company (BA) is an Aerospace & Defense company in the Industrials sector, listed on the New York Stock Exchange.
As of October 9, 2026, BA traded at $190.37, a market capitalization of $148.4 billion.
Return on equity was 246.8% and debt-to-equity 7.51.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.51 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Financial Analysis (summary)

Updated 29 September 2026

Boeing reported revenue of $89.5 billion in FY2025 and net income of $2.2 billion in FY2025, following losses in FY2024. Revenue was $24.6 billion in Q2 FY2026, while net income was −$428.0 million in Q2 FY2026. Trailing-twelve-month revenue was $94.0 billion to Q2 FY2026.

Profitability and cash flow remained uneven in the latest quarter. Gross margin was 9.83% in Q2 FY2026 and operating margin was 0.64% in Q2 FY2026. Free cash flow was $632.0 million in Q2 FY2026, but −$129.0 million over the TTM to Q2 FY2026. Net debt was $25.9 billion in Q2 FY2026.

Read the full analysis →