BOEING CO BA
The Boeing Company, together with its subsidiaries (herein referred to as "Boeing," the "Company," "we," "us," "our"), is one of the world's major aerospace firms.
We are organized based on the products and services we offer. We operate in three reportable segments:
•Global Services (BGS).
This segment develops, produces and markets commercial jet aircraft principally to the commercial airline industry worldwide. We are a leading producer of commercial aircraft and offer a family of commercial jetliners designed to meet a broad spectrum of global passenger and cargo requirements of airlines. This family of commercial jet aircraft in production includes the 737 narrow-body model and the 767, 777 and 787 wide-body models. Development continues on the 777X program and the 737-7 and 737-10 derivatives.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $89.46B | $66.52B | $77.79B | $66.61B | $62.29B | $58.16B | $76.56B | $101.13B | $94.00B | $93.50B |
| Cost of revenue | $85.17B | $68.51B | $70.07B | $63.08B | $59.24B | $63.84B | $72.09B | $81.49B | $76.61B | $79.03B |
| Gross profit | $4.29B | -$1.99B | $7.72B | $3.53B | $3.05B | -$5.68B | $4.47B | $19.64B | $17.39B | $14.47B |
| R&D | $3.62B | $3.81B | $3.38B | $2.85B | $2.25B | $2.48B | $3.22B | $3.27B | $3.18B | $4.63B |
| SG&A | $6.09B | $5.02B | $5.17B | $4.19B | $4.16B | $4.82B | $3.91B | $4.57B | $4.09B | $3.61B |
| Operating income | $4.28B | -$10.71B | -$773.0M | -$3.52B | -$2.87B | -$12.77B | -$1.98B | $11.99B | $10.34B | $6.53B |
| Pre-tax income | $2.63B | -$12.21B | -$2.00B | -$5.02B | -$5.03B | -$14.48B | -$2.26B | $11.60B | $10.11B | $5.78B |
| Income tax | $397.0M | $381.0M | $237.0M | $31.0M | $743.0M | $2.54B | $1.62B | $1.14B | $1.65B | $749.0M |
| Net income | $2.23B | -$11.82B | -$2.22B | -$4.93B | -$4.20B | -$11.87B | -$636.0M | $10.46B | $8.46B | $5.03B |
| EPS, basic | 2.49 | -18.36 | -3.67 | -8.30 | -7.15 | -20.88 | -1.12 | 18.05 | 14.03 | 7.92 |
| EPS, diluted | 2.48 | -18.36 | -3.67 | -8.30 | -7.15 | -20.88 | -1.12 | 17.85 | 13.85 | 7.83 |
| Shares, diluted (wtd. avg.) | $762.3M | $646.9M | $605.8M | $594.9M | $587.6M | $568.6M | $565.4M | $585.5M | $610.0M | $642.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $10.92B | $13.80B | $12.69B | $14.65B | $8.10B | $7.83B | $9.57B | $7.81B | $8.89B | $8.87B |
| Short-term investments | $18.48B | $12.48B | $3.27B | $2.61B | $8.19B | $17.84B | $545.0M | $927.0M | $1.18B | $1.23B |
| Receivables | $2.92B | $2.63B | $2.65B | $2.52B | $2.64B | $1.96B | $3.27B | $3.88B | $2.89B | $8.83B |
| Total current assets | $128.46B | $128.00B | $109.28B | $109.52B | $108.67B | $121.64B | $102.23B | $87.83B | $85.19B | $62.49B |
| Property, plant and equipment | $15.36B | $11.41B | $10.66B | $10.55B | $10.92B | $11.82B | $12.50B | $12.64B | $12.67B | $12.81B |
| Goodwill | $17.27B | $8.08B | $8.09B | $8.06B | $8.07B | $8.08B | $8.06B | $7.84B | $5.56B | $5.32B |
| Other intangibles | $1.57B | $1.96B | $2.09B | $2.31B | $2.56B | $2.84B | $3.34B | $3.43B | $2.57B | $2.54B |
| Total assets | $168.24B | $156.36B | $137.01B | $137.10B | $138.55B | $152.14B | $133.62B | $117.36B | $112.36B | $90.00B |
| Accounts payable | $13.11B | $11.36B | $11.96B | $10.20B | $9.26B | $12.93B | $15.55B | $12.92B | $12.20B | $11.19B |
| Short-term debt | $8.46B | $1.28B | $5.20B | $5.19B | $1.30B | $1.69B | $7.34B | $3.19B | $1.33B | $384.0M |
| Total current liabilities | $108.11B | $97.08B | $95.83B | $90.05B | $81.99B | $87.28B | $97.31B | $81.59B | $74.65B | $50.13B |
| Long-term debt | $53.85B | $53.62B | $52.05B | $56.79B | $57.92B | $63.38B | $20.96B | — | — | — |
| Total liabilities | $162.78B | $160.28B | $154.24B | $152.95B | $153.40B | $170.21B | $141.93B | — | — | — |
| Retained earnings | $17.25B | $15.36B | $27.25B | $29.47B | $34.41B | $38.61B | $50.64B | $55.94B | $49.62B | $40.71B |
| Total equity | $5.45B | -$3.91B | -$17.23B | -$15.85B | -$14.85B | -$18.07B | -$8.46B | $410.0M | $1.71B | $1.92B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.06B | -$12.08B | $5.96B | $3.51B | -$3.42B | -$18.41B | -$2.45B | $15.32B | $13.35B | $10.50B |
| Depreciation and amortisation | $1.95B | $1.84B | $1.86B | $1.98B | $2.14B | $2.25B | $2.27B | $2.11B | $2.05B | $1.89B |
| Stock-based compensation | $426.0M | $407.0M | $690.0M | $725.0M | $833.0M | $250.0M | $212.0M | $202.0M | $202.0M | $190.0M |
| Capital expenditure | $2.94B | $2.23B | $1.53B | $1.22B | $980.0M | $1.30B | $1.83B | $1.72B | $1.74B | $2.61B |
| Investing cash flow | $499.0M | -$11.97B | -$2.44B | $4.37B | $9.32B | -$18.37B | -$1.53B | -$4.62B | -$2.06B | -$3.38B |
| Financing cash flow | -$3.76B | $25.21B | -$5.49B | -$1.27B | -$5.60B | $34.95B | $5.74B | -$11.72B | -$11.35B | -$9.59B |
| Dividends paid | $331.0M | — | — | — | — | $1.16B | $4.63B | $3.95B | $3.42B | $2.76B |
| Buybacks | — | — | — | — | — | — | $2.65B | $9.00B | $9.24B | $7.00B |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-004357.
Others in SIC 3721
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| AVAV | AeroVironment Inc | $7.32B | — | 140.9% |
| JOBY | Joby Aviation, Inc. | $6.67B | — | 39,183.1% |
| BETA | BETA Technologies, Inc. | $5.15B | — | 136.0% |
| ACHR | Archer Aviation Inc. | $4.40B | — | — |
| EVEX | Eve Holding, Inc. | $773.6M | — | — |
| AIRO | AIRO Group Holdings, Inc. | $233.5M | — | 4.6% |
| HOVR | New Horizon Aircraft Ltd. | $112.3M | — | — |
| UAVS | AgEagle Aerial Systems Inc. | $66.7M | — | -4.3% |