The Boeing Company (BA) vs GE Aerospace (GE)

The Boeing Company and GE Aerospace are both Aerospace & Defense companies. GE Aerospace is the larger, with a market value of $333.1B against $156.4B — 2.1× the size. GE Aerospace trades at the lower P/E: 38.2× against 74.2×. The Boeing Company grew revenue faster over the last twelve months: 24.8% against 21.7%. GE Aerospace has the higher net margin (17.7% vs 2.22%) and the higher return on invested capital (26.5% vs 8.99%). Both pay a dividend; GE Aerospace yields more (0.29% vs 0.16%). Across the 22 metrics below, GE Aerospace leads on 14 and The Boeing Company on 8.

Valuation

Metric BA GE Aerospace & Defense median
P/E 74.18 38.21 33.00
P/S 1.67 6.72 3.63
P/B 25.63 19.04 3.24
Price to free cash flow n/m 49.62 34.01
EV/EBITDA 26.85 26.96 18.69
EV/Sales 1.94 6.91 3.94
Earnings yield 1.35% 2.62% 1.31%
Free cash flow yield (0.09%) 2.02% 0.00%

Profitability

Metric BA GE Aerospace & Defense median
Gross margin 4.68% 35.38% 25.48%
Operating margin 4.89% 23.20% 4.54%
Net margin 2.22% 17.72% 2.22%
Free cash flow margin (0.14%) 16.89% 0.00%
Return on equity 148.84% 48.22% 6.43%
Return on assets 1.30% 7.09% 2.70%
Return on invested capital 8.99% 26.53% 1.56%

Growth

Metric BA GE Aerospace & Defense median
Revenue growth (TTM) 24.78% 21.69% 18.43%
EPS growth (last fiscal year) 113.51% 35.89% —
Revenue growth, 5-year CAGR 9.00% (9.57%) 9.62%
Net income growth, 5-year CAGR 0.00% 10.72% 0.00%

Health

Metric BA GE Aerospace & Defense median
Debt to equity 7.51 1.07 0.24
Current ratio 1.14 0.98 2.72
Net debt to EBITDA 3.96 0.65 1.12

Dividend

Metric BA GE Aerospace & Defense median
Dividend yield 0.16% 0.29% 1.04%
Payout ratio 0.00 0.03 0.00

Size

Metric BA GE Aerospace & Defense median
Market cap 156.38b 333.06b 2.52b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack