BANYSEAircraftFiscal year ends December 31Also trades as BA.PA
BOEING CO
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 28, 2026
$191.42+1.21 (+0.64%)
Close on Oct 19, 2026
- Market cap
- $151.34B
- P/E (TTM)
- 76.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
4.8%+14.6 pts over 5 years
Operating margin
4.8%+26.7 pts over 5 years
Net margin
2.5%+22.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +34.5% | +10.3% | +9.0% | -0.7% | |
| Gross profit | – | +6.7% | – | -11.2% | |
| Operating income | – | – | – | -5.4% | |
| Net income | – | – | – | -8.1% | |
| EPS, diluted | – | – | – | -10.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 140.8% | 88.2% | 289.1% | |
| Return on assets | 5.5% | -8.3% | 1.4% | |
| Current ratio | 1.25 | 1.39 | 1.19 | |
| Debt to equity | 12.18 | -3.47 | 9.92 | |
| Net debt to EBITDA | 0.13× | -5.30× | 6.93× | |
| Capex to revenue | 2.8% | 2.2% | 3.3% | |
| Diluted shares | 643M | 569M | 762M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Boeing generated $26.03B from operations and spent $9.23B on capital expenditure, dividends and share buybacks. 96% of that went back into the business.
Generated
$26.03B
Used
$9.23B
Capital expenditure$8.90B96%Dividends$331.00M4%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.5%
×Asset turnover0.55×
×Equity multiplier209.96×
=Return on equity, FY2025289.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.5% | 0.55× | 209.96× | 289.1% |
| FY2024 | -17.8% | 0.45× | -13.88× | 111.8% |
| FY2023 | -2.9% | 0.57× | -8.28× | 13.4% |
| FY2022 | -7.4% | 0.48× | -8.93× | 32.0% |
| FY2021 | -6.7% | 0.43× | -8.73× | 25.2% |
| FY2020 | -20.4% | 0.41× | -10.61× | 88.2% |
| FY2019 | -0.8% | 0.61× | -30.32× | 15.4% |
| FY2018 | 10.3% | 0.88× | 115.15× | 1048.6% |
| FY2017 | 9.0% | 0.93× | 81.83× | 684.0% |
| FY2016 | 5.4% | 1.01× | 25.78× | 140.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$2.24B
- Cash generatingOperating cash flow above zero$1.07B
- Return on assets improvedROA up on the prior year-8.6% → 1.4%
- Earnings backed by cashOperating cash flow above net income$1.07B vs $2.24B
- Less leverageLong-term debt to assets fell33.6% → 27.1%
- Better liquidityCurrent ratio rose1.32 → 1.19
- No dilutionShare count did not rise647M → 762M
- Gross margin improvedGross margin up on the prior year-2.99% → 4.79%
- More efficientAsset turnover rose0.49 → 0.57