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The Boeing Company

The Boeing Company

NYSE•BA
CEO: Mr. Brian J. West
Sector: Industrials
Industry: Aerospace & Defense
Listing Date: 1962-01-02
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for passenger and cargo requirements, as well as provides fleet support services. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration. The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers. The Boeing Company was incorporated in 1916 and is based in Arlington, Virginia.
Contact Information
929 Long Bridge Drive, Arlington, VA, 22202-4208, United States
703-465-3500
www.boeing.com
Market Cap
$163.50B
P/E (TTM)
-16.7
36
Dividend Yield
--
52W High
$242.69
52W Low
$128.88
52W Range
78%
Rank49Top 53.8%
3.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$23.27B+30.44%
4-Quarter Trend

EPS

-$7.14-28.38%
4-Quarter Trend

FCF

$1.80B-191.87%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Revenue Growth Strong Total revenues reached $65.52B for nine months, marking a $14.24B increase compared to 2024.
Losses Significantly Narrowed Net loss attributable to shareholders improved by $1.97B, resulting in a $5.99B loss for nine months.
BDS Segment Turns Profit Defense segment swung to $379M operating earnings, a $3.53B year-over-year improvement from prior loss.
Backlog Reaches $636B Total backlog grew to $635.69B as of September 30, 2025, up $114.35B since year-end 2024.

Risk Factors

777X Program Loss Escalation Incremental $4.90B reach-forward loss recorded in Q3 2025 due to certification and production delays.
Government Funding Lapsed U.S. government funding lapsed October 1, 2025, creating risk of payment delays impacting operations.
Labor Strike Disruptions IAM 837 strike in St. Louis disrupts F/A-18, F-15, T-7A, and MQ-25 programs operations.
Trade and Geopolitical Volatility Global trade volatility, tariffs, and ongoing U.S.-China trade tensions pose material operational risks.

Outlook

737 Production Rate Increase 737 production rate increased to 42 per month following FAA agreement on key performance indicators.
Spirit Merger Expected Closing Pending acquisition of Spirit AeroSystems is expected to close sometime during the remainder of 2025.
777X First Delivery Delayed First delivery of the 777-9 aircraft is now anticipated to occur in 2027 due to testing delays.
Liquidity Position Maintained Maintained $10.0B available under credit lines; total debt balance slightly decreased to $53.4B.

Peer Comparison

Revenue (TTM)

RTX CorporationRTX
$85.99B
+8.8%
The Boeing CompanyBA
$80.76B
+10.2%
Lockheed Martin CorporationLMT
$73.35B
+2.9%

Gross Margin (Latest Quarter)

Union Pacific CorporationUNP
46.5%
+1.0pp
Eaton Corporation plcETN
38.3%
-0.2pp
Honeywell International Inc.HON
34.1%
-4.7pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
RTX$246.88B37.510.6%24.1%
BA$163.50B-16.7209.8%35.6%
UNP$139.11B19.742.4%47.9%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
15.1%
Strong Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
50%
Cash Flow Needs Attention

Research & Insights

Next earnings:Jan 27, 2026
|
EPS:-$0.37
|
Revenue:$22.41B
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 29, 2025|
    Revenue: $23.27B+30.4%
    |
    EPS: $-7.14-28.4%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Jul 29, 2025|
    Revenue: $22.75B+34.9%
    |
    EPS: $-0.92-60.5%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: Apr 23, 2025|
    Revenue: $19.50B+17.7%
    |
    EPS: $-0.16-71.4%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 3, 2025|
    Revenue: $66.52B-14.5%
    |
    EPS: $-18.36-400.3%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Oct 23, 2024|
    Revenue: $17.84B-1.5%
    |
    EPS: $-9.97+269.3%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 31, 2024|
    Revenue: $16.87B-14.6%
    |
    EPS: $-2.33+832.0%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: Apr 24, 2024|
    Revenue: $16.57B-7.5%
    |
    EPS: $-0.56-18.8%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Jan 31, 2024|
    Revenue: $77.79B+16.8%
    |
    EPS: $-3.67+55.8%
    Miss