What is Boeing Company's earnings per share (EPS)?

Boeing Company (BA) reported diluted earnings per share of $2.48 for fiscal year 2025. This represents a 113.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Boeing Company (BA) Financials

Trailing 12 months to June 30, 2026

Revenue $94.0B +24.8% YoY

Net Income $2.4B +122.8% YoY

EPS (Diluted) $2.81 +117.0% YoY

Free Cash Flow -$210.0M +97.5% YoY

Market Cap $148.8B as of Oct 7, 2026

Price / Sales 1.6x on $94.0B revenue, trailing 12 months to June 30, 2026

Price / Earnings 61.1x on $2.4B net income, trailing 12 months to June 30, 2026

Price / Book 24.4x on $6.1B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 28, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BA SEC filings page.

Boeing Company (BA) reported $94.0B in revenue over the twelve months to Jun 30, 2026, up 24.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BA FY2025 2026-10-04

Boeing returned to operating profit in FY2025, but heavy reinvestment and a recently recapitalized balance sheet still constrain cash conversion.

The FY2025 profit of $2.24B exceeded operating cash flow of $1.07B, so accounting earnings did not fully convert into cash. Capital spending of $2.94B then drove free cash flow to -$1.88B, showing that the recovery is absorbing substantial reinvestment before producing surplus cash.

After a gross loss in FY2024, FY2025 produced $4.29B of gross profit and a 4.8% operating margin. This margin reversal indicates the year's profitability came from restoring production economics, not simply adding sales.

Equity shifted from negative $3.91B in FY2024 to positive $5.45B in FY2025, but the financing statement also recorded $25.2B of financing inflow. That combination suggests balance-sheet repair came from both improved operations and recapitalization, while a 1.2x current ratio still indicates limited short-term cushion.

Financial Health Signals

Financial Health Score 27/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Boeing Company's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Boeing Company has an operating margin of 4.8%, meaning the company retains $5 of operating profit per $100 of revenue. This below-average margin results in a low score of 27/100, suggesting thin profitability after operating expenses. This is up from -16.1% the prior year.

Growth

Boeing Company's revenue surged 34.5% year-over-year to $89.5B, reflecting rapid business expansion. This strong growth earns a score of 58/100.

Leverage

Boeing Company has elevated debt relative to equity (D/E of 8.37), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 10/100, reflecting increased financial risk.

Liquidity

Boeing Company's current ratio of 1.19 is below the typical benchmark, resulting in a score of 28/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While Boeing Company generated $1.1B in operating cash flow, capex of $2.9B consumed most of it, leaving -$1.9B in free cash flow. This results in a low score of 15/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Boeing Company generates a 41.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 26/100.

Altman Z-Score Distress

1.45

Boeing Company scores 1.45, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

6/9

Boeing Company passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

0.48x

For every $1 of reported earnings, Boeing Company generates $0.48 in operating cash flow ($1.1B OCF vs $2.2B net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

1.54x

Boeing Company earns $1.54 in operating income for every $1 of interest expense ($4.3B vs $2.8B). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$24.6B

YoY+8.0%

QoQ+10.5%

5Y CAGR+7.6%

10Y CAGR-0.1%

Boeing Company generated $24.6B in revenue in Q2 2026. This represents an increase of 8.0% from the same quarter a year earlier. Against the prior quarter it is up 10.5%.

EBITDA

$752.0M

YoY+164.8%

QoQ-26.3%

5Y CAGR-13.7%

10Y CAGR+39.0%

Boeing Company's EBITDA was $752.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 164.8% from the same quarter a year earlier. Against the prior quarter it is down 26.3%.

Net Income

-$444.0M

YoY+27.3%

QoQ-11000.0%

Boeing Company reported -$444.0M in net income in Q2 2026. This represents an increase of 27.3% from the same quarter a year earlier. Against the prior quarter it is down 11000.0%.

EPS (Diluted)

-$0.67

YoY+27.2%

Boeing Company earned -$0.67 per diluted share (EPS) in Q2 2026. This represents an increase of 27.2% from the same quarter a year earlier.

Cash & Balance Sheet

Free Cash Flow

$631.0M

YoY+415.5%

QoQ+143.4%

10Y CAGR-12.9%

Boeing Company generated $631.0M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 415.5% from the same quarter a year earlier. Against the prior quarter it is up 143.4%.

Cash & Debt

$7.2B

YoY+2.1%

QoQ-23.3%

5Y CAGR-2.6%

10Y CAGR-1.7%

Boeing Company held $7.2B in cash against $41.3B in long-term debt as of Q2 2026.

Shares Outstanding

790M

YoY+4.5%

5Y CAGR+6.2%

10Y CAGR+2.4%

Boeing Company had 790M shares outstanding in Q2 2026. This represents an increase of 4.5% from the same quarter a year earlier.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

9.8%

YoY-0.9pp

QoQ-1.6pp

5Y change-4.4pp

10Y change0.0pp

Boeing Company's gross margin was 9.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.6 percentage points.

Operating Margin

0.6%

YoY+1.4pp

QoQ-1.4pp

5Y change-5.4pp

10Y change+2.3pp

Boeing Company's operating margin was 0.6% in Q2 2026, reflecting core business profitability. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.4 percentage points.

Net Margin

-1.8%

YoY+0.9pp

QoQ-1.8pp

5Y change-5.3pp

10Y change-0.9pp

Boeing Company's net profit margin was -1.8% in Q2 2026, showing the share of revenue converted to profit. This is up 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.8 percentage points.

Return on Equity

-7.3%

QoQ-7.2pp

Boeing Company's ROE was -7.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. Against the prior quarter it is down 7.2 percentage points.

Capital Allocation

R&D Spending

$921.0M

YoY+1.2%

QoQ+2.0%

5Y CAGR+13.1%

Boeing Company invested $921.0M in research and development in Q2 2026. This represents an increase of 1.2% from the same quarter a year earlier. Against the prior quarter it is up 2.0%.

Capital Expenditures

$733.0M

YoY+71.7%

QoQ-42.5%

5Y CAGR+27.0%

10Y CAGR+0.9%

Boeing Company invested $733.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 71.7% from the same quarter a year earlier. Against the prior quarter it is down 42.5%.

Share Buybacks

Not reported for Q2 2026.

BA Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BA quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$94.0B	$89.5B+34.5%	$66.5B-14.5%	$77.8B+16.8%	$66.6B+6.9%	$62.3B+7.1%	$58.2B-24.0%	$76.6B-24.3%	$101.1B+7.6%	$94.0B+0.5%	$93.5B-2.7%	$96.1B+5.9%	$90.8B+4.8%	$86.6B+6.0%	$81.7B+18.9%	$68.7B
Cost of Revenue	$89.6B	$85.2B+24.3%	$68.5B-2.2%	$70.1B+11.1%	$63.1B+6.5%	$59.2B-7.2%	$63.8B-11.4%	$72.1B-11.5%	$81.5B+6.4%	$76.6B-3.1%	$79.0B-3.7%	$82.1B+7.0%	$76.8B+4.8%	$73.3B+6.7%	$68.7B+22.9%	$55.9B
Gross Profit	$4.4B	$4.3B+315.4%	-$2.0B-125.8%	$7.7B+118.8%	$3.5B+15.8%	$3.0B+153.6%	-$5.7B-227.3%	$4.5B-77.3%	$19.6B+12.9%	$17.4B+20.2%	$14.5B+3.2%	$14.0B+0.1%	$14.0B+4.9%	$13.4B+2.5%	$13.0B+1.4%	$12.8B
R&D Expenses	$3.7B	$3.6B-5.2%	$3.8B+12.9%	$3.4B+18.4%	$2.9B+26.8%	$2.2B-9.2%	$2.5B-23.1%	$3.2B-1.5%	$3.3B+2.8%	$3.2B-31.3%	$4.6B+38.9%	$3.3B+9.3%	$3.0B-0.8%	$3.1B-6.9%	$3.3B-15.8%	$3.9B
SG&A Expenses	$5.8B	$6.1B+21.3%	$5.0B-2.8%	$5.2B+23.4%	$4.2B+0.7%	$4.2B-13.7%	$4.8B+23.2%	$3.9B-14.4%	$4.6B+11.5%	$4.1B+13.3%	$3.6B+2.5%	$3.5B-6.4%	$3.8B-4.8%	$4.0B+6.4%	$3.7B+9.1%	$3.4B
Operating Income	$4.6B	$4.3B+140.0%	-$10.7B-1285.1%	-$773.0M+78.0%	-$3.5B-22.6%	-$2.9B+77.5%	-$12.8B-546.4%	-$2.0B-116.5%	$12.0B+15.9%	$10.3B+58.5%	$6.5B-12.3%	$7.4B-0.4%	$7.5B+13.9%	$6.6B+4.3%	$6.3B+8.0%	$5.8B
EBITDA	N/A	$6.2B+170.3%	-$8.9B-915.3%	$1.1B+170.6%	-$1.5B-112.1%	-$726.0M+93.1%	-$10.5B-3654.4%	$296.0M-97.9%	$14.1B+13.8%	$12.4B+47.2%	$8.4B-9.3%	$9.3B-1.1%	$9.4B+11.6%	$8.4B+3.8%	$8.1B+8.0%	$7.5B
Interest Expense	$2.6B	$2.8B+1.7%	$2.7B+10.8%	$2.5B-4.0%	$2.6B-5.6%	$2.7B+25.9%	$2.2B+198.6%	$722.0M+52.0%	$475.0M+31.9%	$360.0M+17.6%	$306.0M+11.3%	$275.0M-17.4%	$333.0M-13.7%	$386.0M-12.7%	$442.0M-7.3%	$477.0M
Income Tax	$335.0M	$397.0M+204.2%	-$381.0M-260.8%	$237.0M+664.5%	$31.0M+104.2%	-$743.0M+70.7%	-$2.5B-56.2%	-$1.6B-241.9%	$1.1B-30.6%	$1.6B+120.2%	$749.0M-62.2%	$2.0B+17.0%	$1.7B+2.7%	$1.6B-18.0%	$2.0B+45.2%	$1.4B
Net Income	$2.4B	$2.2B+118.9%	-$11.8B-431.8%	-$2.2B+55.0%	-$4.9B-17.4%	-$4.2B+64.6%	-$11.9B-1766.8%	-$636.0M-106.1%	$10.5B+23.7%	$8.5B+68.0%	$5.0B-2.7%	$5.2B-5.0%	$5.4B+18.8%	$4.6B+17.6%	$3.9B-2.9%	$4.0B
EPS (Basic)	N/A	$2.49+113.6%	-$18.36-400.3%	-$3.67+55.8%	-$8.30-16.1%	-$7.15+65.8%	-$20.88-1764.3%	-$1.12-106.2%	$18.05+28.7%	$14.03+77.1%	$7.92+5.3%	$7.52+0.7%	$7.47+23.9%	$6.03+17.1%	$5.15-4.5%	$5.39
EPS (Diluted)	$2.81	$2.48+113.5%	-$18.36-400.3%	-$3.67+55.8%	-$8.30-16.1%	-$7.15+65.8%	-$20.88-1764.3%	-$1.12-106.3%	$17.85+28.9%	$13.85+76.9%	$7.83+5.2%	$7.44+0.8%	$7.38+23.8%	$5.96+16.6%	$5.11-4.3%	$5.34
Diluted Shares (Avg)	N/A	762M+17.8%	647M+6.8%	606M+1.8%	595M+1.2%	588M+3.3%	569M+0.6%	565M-3.4%	586M-4.0%	610M-5.1%	643M-7.5%	695M-5.7%	737M-4.0%	768M+0.8%	762M+1.5%	751M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$24.6B+8.0%	$22.2B+14.0%	$23.9B+57.1%	$23.3B+30.4%	$22.7B+34.9%	$19.5B+17.7%	$15.2B-30.8%	$17.8B-1.5%
Cost of Revenue	$22.1B+9.0%	$19.7B+15.2%	$22.1B+31.5%	$25.6B+20.1%	$20.3B+29.9%	$17.1B+16.2%	$16.8B-12.9%	$21.3B+26.0%
Gross Profit	$2.4B-0.9%	$2.5B+5.3%	$1.8B+214.0%	-$2.4B+32.3%	$2.4B+98.1%	$2.4B+28.8%	-$1.6B-158.9%	-$3.5B-401.0%
R&D Expenses	$921.0M+1.2%	$903.0M+7.0%	$964.0M+15.3%	$897.0M-22.3%	$910.0M-4.6%	$844.0M-2.8%	$836.0M-5.1%	$1.2B+20.5%
SG&A Expenses	$1.4B-20.4%	$1.2B+7.6%	$1.7B+19.0%	$1.5B+40.3%	$1.8B+30.2%	$1.1B-4.2%	$1.4B-8.9%	$1.1B+4.0%
Operating Income	$156.0M+188.6%	$448.0M-2.8%	$8.8B+332.8%	-$4.8B+17.0%	-$176.0M+83.9%	$461.0M+636.0%	-$3.8B-1432.2%	-$5.8B-613.0%
EBITDA	$752.0M+164.8%	$1.0B+10.1%	$9.3B+385.6%	-$4.3B+19.3%	$284.0M+143.8%	$927.0M+160.4%	-$3.3B-526.8%	-$5.3B-1459.2%
Interest Expense	$600.0M-15.5%	$616.0M-13.0%	$659.0M-12.7%	$694.0M-4.7%	$710.0M+5.5%	$708.0M+24.4%	$755.0M+25.8%	$728.0M+23.6%
Income Tax	$63.0M+23.5%	$33.0M-69.2%	$99.0M+142.7%	$140.0M+380.0%	$51.0M+167.1%	$107.0M+565.2%	-$232.0M-1204.8%	-$50.0M-109.3%
Net Income	-$444.0M+27.3%	-$4.0M+89.2%	$8.2B+312.7%	-$5.3B+13.5%	-$611.0M+57.5%	-$37.0M+89.2%	-$3.9B-16704.3%	-$6.2B-277.1%
EPS (Basic)	-$0.67+27.2%	-$0.11+31.3%	$10.74+297.1%	-$7.14+28.4%	-$0.92+60.5%	-$0.16+71.4%	-$5.45-18066.7%	-$9.97-269.3%
EPS (Diluted)	-$0.67+27.2%	-$0.11	$10.73+296.9%	-$7.14+28.4%	-$0.92+60.5%	-$0.16	-$5.45-18066.7%	-$9.97-269.3%
Diluted Shares (Avg)	791M+4.5%	788M	N/A	760M+22.8%	757M+22.8%	753M	N/A	619M+1.9%

BA Balance Sheet

BA quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$168.2B+7.6%	$156.4B+14.1%	$137.0B-0.1%	$137.1B-1.0%	$138.6B-8.9%	$152.1B+13.9%	$133.6B+13.9%	$117.4B+4.4%	$112.4B+24.9%	$90.0B-4.7%	$94.4B+1.6%	$92.9B+0.3%	$92.7B+4.2%	$88.9B+11.1%	$80.0B
Current Assets	$128.5B+0.4%	$128.0B+17.1%	$109.3B-0.2%	$109.5B+0.8%	$108.7B-10.7%	$121.6B+19.0%	$102.2B+16.4%	$87.8B+3.1%	$85.2B+36.3%	$62.5B-8.4%	$68.2B+0.7%	$67.8B+4.1%	$65.1B+13.5%	$57.3B+15.1%	$49.8B
Cash & Equivalents	$10.9B-20.9%	$13.8B+8.7%	$12.7B-13.2%	$14.6B+81.5%	$8.1B+3.9%	$7.8B-18.3%	$9.5B+24.2%	$7.6B-13.3%	$8.8B+0.1%	$8.8B-22.1%	$11.3B-3.7%	$11.7B+29.1%	$9.1B-12.1%	$10.3B+2.9%	$10.0B
Short-Term Investments	$18.5B+48.1%	$12.5B+281.2%	$3.3B+25.6%	$2.6B-68.2%	$8.2B-54.1%	$17.8B+3173.0%	$545.0M-41.2%	$927.0M-21.4%	$1.2B-4.0%	$1.2B+63.7%	$750.0M-44.8%	$1.4B-78.0%	$6.2B+91.8%	$3.2B+163.0%	$1.2B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$509.0M
Accounts Receivable	$2.9B+11.0%	$2.6B-0.7%	$2.6B+5.2%	$2.5B-4.7%	$2.6B+35.1%	$2.0B-40.1%	$3.3B-15.8%	$3.9B+34.0%	$2.9B-67.2%	$8.8B+1.4%	$8.7B+12.7%	$7.7B+18.1%	$6.5B+16.7%	$5.6B-3.2%	$5.8B
Long-Term Investments	$1.0B+4.9%	$999.0M-3.5%	$1.0B+5.3%	$983.0M+0.8%	$975.0M-4.0%	$1.0B-7.0%	$1.1B+0.5%	$1.1B-13.7%	$1.3B-4.3%	$1.3B+2.6%	$1.3B+11.3%	$1.2B-4.2%	$1.2B+2.0%	$1.2B+13.1%	$1.0B
Goodwill	$17.3B+113.7%	$8.1B-0.1%	$8.1B+0.4%	$8.1B-0.1%	$8.1B-0.2%	$8.1B+0.3%	$8.1B+2.8%	$7.8B+41.0%	$5.6B+4.4%	$5.3B+3.9%	$5.1B+0.1%	$5.1B+1.5%	$5.0B+0.2%	$5.0B+1.8%	$4.9B
Total Liabilities	$162.8B+1.6%	$160.3B+3.9%	$154.2B+0.8%	$152.9B-0.3%	$153.4B-9.9%	$170.2B+19.9%	$141.9B+21.3%	$117.0B+5.7%	$110.7B+24.1%	$89.2B+1.3%	$88.1B+4.5%	$84.3B+8.3%	$77.8B-6.3%	$83.0B+8.7%	$76.4B
Current Liabilities	$108.1B+11.4%	$97.1B+1.3%	$95.8B+6.4%	$90.1B+9.8%	$82.0B-6.1%	$87.3B-10.3%	$97.3B+19.3%	$81.6B+9.3%	$74.6B+48.9%	$50.1B-0.6%	$50.4B+4.5%	$48.2B-6.3%	$51.5B+14.5%	$45.0B+9.0%	$41.3B
Non-Current Liabilities	$54.7B-13.5%	$63.2B+8.2%	$58.4B-7.1%	$62.9B-11.9%	$71.4B-13.9%	$82.9B+85.9%	$44.6B+25.9%	$35.4B-1.7%	$36.1B-7.7%	$39.0B+3.7%	$37.7B+4.5%	$36.0B+37.0%	$26.3B-30.9%	$38.0B+8.4%	$35.1B
Long-Term Debt	$45.6B-13.2%	$52.6B+11.6%	$47.1B-9.1%	$51.8B-8.8%	$56.8B-8.2%	$61.9B+210.0%	$20.0B+87.3%	$10.7B+8.9%	$9.8B+2.2%	$9.6B+9.6%	$8.7B+7.2%	$8.1B+0.9%	$8.1B-10.0%	$9.0B-10.4%	$10.0B
Total Equity	$5.5B+239.6%	-$3.9B+77.3%	-$17.2B-8.5%	-$15.9B-5.9%	-$15.0B+18.1%	-$18.3B-112.6%	-$8.6B-2641.9%	$339.0M-79.5%	$1.7B+102.7%	$817.0M-87.1%	$6.3B-26.9%	$8.7B-41.7%	$14.9B+153.5%	$5.9B+66.9%	$3.5B
Retained Earnings	$17.3B+12.3%	$15.4B-43.6%	$27.3B-7.5%	$29.5B-14.3%	$34.4B-10.9%	$38.6B-23.8%	$50.6B-9.5%	$55.9B+12.7%	$49.6B+21.9%	$40.7B+5.1%	$38.8B+7.1%	$36.2B+9.8%	$33.0B+9.7%	$30.0B+9.1%	$27.5B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$165.9B+6.9%	$164.8B+5.3%	$168.2B+7.6%	$150.0B+9.0%	$155.1B+8.7%	$156.5B+16.4%	$156.4B+14.1%	$137.7B+2.5%
Current Assets	$124.6B-2.1%	$124.1B-2.8%	$128.5B+0.4%	$122.1B+11.6%	$127.3B+11.2%	$127.7B+19.8%	$128.0B+17.1%	$109.4B+2.3%
Cash & Equivalents	$7.2B+2.1%	$9.4B-6.9%	$10.9B-20.9%	$6.2B-38.0%	$7.1B-34.9%	$10.1B+46.7%	$13.8B+8.7%	$10.0B+46.2%
Short-Term Investments	$12.8B-19.5%	$11.5B-15.3%	$18.5B+48.1%	$16.8B+3202.8%	$15.9B+819.5%	$13.5B+2100.3%	$12.5B+281.2%	$509.0M-92.2%
Accounts Receivable	$3.5B+10.2%	$3.5B+8.8%	$2.9B+11.0%	$3.3B+14.5%	$3.2B+1.1%	$3.2B+8.3%	$2.6B-0.7%	$2.9B-4.6%
Long-Term Investments	$1.1B+7.8%	$1.0B+4.7%	$1.0B+4.9%	$1.1B+1.9%	$1.0B+1.0%	$1.0B-3.9%	$999.0M-3.5%	$1.0B-2.9%
Goodwill	$17.6B+141.1%	$17.6B+117.9%	$17.3B+113.7%	$7.3B-10.2%	$7.3B-10.2%	$8.1B0.0%	$8.1B-0.1%	$8.1B+0.5%
Total Liabilities	$159.8B+0.8%	$158.8B-0.6%	$162.8B+1.6%	$158.3B-1.8%	$158.4B-1.4%	$159.8B+5.5%	$160.3B+3.9%	$161.3B+6.8%
Current Liabilities	$109.6B+6.0%	$105.5B+1.8%	$108.1B+11.4%	$103.3B+6.2%	$103.4B+7.0%	$103.7B+11.1%	$97.1B+1.3%	$97.3B+4.6%
Non-Current Liabilities	$50.2B-8.8%	$53.3B-5.2%	$54.7B-13.5%	$55.0B-14.1%	$55.0B-14.1%	$56.2B-3.6%	$63.2B+8.2%	$64.0B+10.4%
Long-Term Debt	$41.3B-7.3%	$44.4B-2.9%	$45.6B-13.2%	$44.6B-16.1%	$44.6B-16.1%	$45.7B-2.5%	$52.6B+11.6%	$53.2B+12.2%
Total Equity	$6.1B+285.1%	$6.0B+280.1%	$5.5B+239.6%	-$8.3B+65.0%	-$3.3B+81.7%	-$3.3B+80.5%	-$3.9B+77.3%	-$23.6B-40.8%
Retained Earnings	$16.6B+14.4%	$17.2B+12.6%	$17.3B+12.3%	$9.1B-52.8%	$14.5B-42.9%	$15.2B-43.4%	$15.4B-43.6%	$19.3B-29.2%

Not reported in any period shown, so not listed: Inventory.

BA Cash Flow Statement

BA quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$3.6B	$1.1B+108.8%	-$12.1B-302.7%	$6.0B+69.7%	$3.5B+202.8%	-$3.4B+81.4%	-$18.4B-652.7%	-$2.4B-116.0%	$15.3B+14.8%	$13.3B+27.2%	$10.5B+12.1%	$9.4B+5.7%	$8.9B+8.3%	$8.2B+8.9%	$7.5B+86.6%	$4.0B
Depreciation & Amortization	N/A	$2.0B+6.4%	$1.8B-1.3%	$1.9B-6.0%	$2.0B-7.7%	$2.1B-4.5%	$2.2B-1.1%	$2.3B+7.4%	$2.1B+3.3%	$2.0B+8.4%	$1.9B+3.1%	$1.8B-3.8%	$1.9B+3.4%	$1.8B+1.8%	$1.8B+8.1%	$1.7B
Stock-Based Compensation	N/A	$426.0M+4.7%	$407.0M-41.0%	$690.0M-4.8%	$725.0M-13.0%	$833.0M+233.2%	$250.0M+17.9%	$212.0M+5.0%	$202.0M0.0%	$202.0M+6.3%	$190.0M+0.5%	$189.0M-3.1%	$195.0M-5.3%	$206.0M+6.7%	$193.0M+3.8%	$186.0M
Capital Expenditures	$3.8B	$2.9B+31.9%	$2.2B+46.0%	$1.5B+25.0%	$1.2B+24.7%	$980.0M-24.8%	$1.3B-29.0%	$1.8B+6.5%	$1.7B-1.0%	$1.7B-33.4%	$2.6B+6.7%	$2.5B+9.6%	$2.2B+6.6%	$2.1B+23.2%	$1.7B-0.6%	$1.7B
Free Cash Flow	-$210.0M	-$1.9B+86.9%	-$14.3B-422.8%	$4.4B+93.6%	$2.3B+152.1%	-$4.4B+77.7%	-$19.7B-360.6%	-$4.3B-131.5%	$13.6B+17.2%	$11.6B+47.2%	$7.9B+14.0%	$6.9B+4.4%	$6.6B+8.9%	$6.1B+4.8%	$5.8B+151.3%	$2.3B
Investing Cash Flow	$8.1B	$499.0M+104.2%	-$12.0B-391.3%	-$2.4B-155.8%	$4.4B-53.1%	$9.3B+150.8%	-$18.4B-1100.4%	-$1.5B+66.9%	-$4.6B-124.5%	-$2.1B+39.1%	-$3.4B-83.0%	-$1.8B-174.8%	$2.5B+147.9%	-$5.2B-37.2%	-$3.8B-258.6%	$2.4B
Financing Cash Flow	-$11.6B	-$3.8B-114.9%	$25.2B+559.4%	-$5.5B-333.4%	-$1.3B+77.4%	-$5.6B-116.0%	$35.0B+509.1%	$5.7B+149.0%	-$11.7B-3.3%	-$11.3B-18.4%	-$9.6B-21.0%	-$7.9B+7.8%	-$8.6B-102.2%	-$4.2B-22.2%	-$3.5B-104.5%	-$1.7B
Dividends Paid	$345.0M	$331.0M	N/A	N/A	N/A	N/A	$1.2B-75.0%	$4.6B+17.3%	$3.9B+15.5%	$3.4B+24.0%	$2.8B+10.7%	$2.5B+17.7%	$2.1B+44.2%	$1.5B+11.0%	$1.3B+6.3%	$1.2B
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$2.7B-70.5%	$9.0B-2.6%	$9.2B+31.9%	$7.0B+3.7%	$6.8B+12.5%	$6.0B+114.2%	$2.8B	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$1.4B+500.9%	-$179.0M+88.9%	$1.3B+138.6%	$1.1B+183.5%	$227.0M+105.8%	-$1.6B+51.9%	-$3.5B-202.0%	-$1.3B-6213.6%
Depreciation & Amortization	$596.0M+29.6%	$573.0M+23.0%	$536.0M+5.3%	$491.0M+10.6%	$460.0M+4.3%	$466.0M+5.4%	$509.0M+5.8%	$444.0M-4.9%
Stock-Based Compensation	N/A	$161.0M+19.3%	N/A	N/A	N/A	$135.0M+13.4%	N/A	N/A
Capital Expenditures	$733.0M+71.7%	$1.3B+89.2%	$956.0M+47.5%	$885.0M+44.8%	$427.0M+5.7%	$674.0M+18.9%	$648.0M+50.3%	$611.0M+84.0%
Free Cash Flow	$631.0M+415.5%	-$1.5B+36.5%	$375.0M+109.2%	$238.0M+112.2%	-$200.0M+95.4%	-$2.3B+41.7%	-$4.1B-238.9%	-$2.0B-531.0%
Investing Cash Flow	-$2.1B+6.6%	$5.7B+432.6%	$6.4B+150.7%	-$2.0B-387.9%	-$2.2B-6.1%	-$1.7B-182.8%	-$12.6B-550.3%	$679.0M+268.5%
Financing Cash Flow	-$1.5B-283.7%	-$7.0B-1979.3%	-$3.0B-114.8%	-$87.0M+71.0%	-$387.0M-103.9%	-$338.0M+92.4%	$20.0B+5709.8%	-$300.0M-689.5%
Dividends Paid	$86.0M0.0%	$86.0M+19.4%	$87.0M	$86.0M	$86.0M	$72.0M	N/A	N/A

Not reported in any period shown, so not listed: Share Buybacks.

BA Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BA quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	4.8%+7.8pp	-3.0%-12.9pp	9.9%+4.6pp	5.3%+0.4pp	4.9%+14.7pp	-9.8%-15.6pp	5.8%-13.6pp	19.4%+0.9pp	18.5%+3.0pp	15.5%+0.9pp	14.6%-0.9pp	15.4%0.0pp	15.4%-0.5pp	16.0%-2.7pp	18.7%
Operating Margin	4.8%+20.9pp	-16.1%-15.1pp	-1.0%+4.3pp	-5.3%-0.7pp	-4.6%+17.3pp	-21.9%-19.4pp	-2.6%-14.4pp	11.8%+0.8pp	11.0%+4.0pp	7.0%-0.8pp	7.7%-0.5pp	8.2%+0.6pp	7.6%-0.1pp	7.7%-0.8pp	8.5%
Net Margin	2.5%+20.3pp	-17.8%-14.9pp	-2.9%+4.5pp	-7.4%-0.7pp	-6.8%+13.7pp	-20.4%-19.6pp	-0.8%-11.2pp	10.3%+1.3pp	9.0%+3.6pp	5.4%0.0pp	5.4%-0.6pp	6.0%+0.7pp	5.3%+0.5pp	4.8%-1.1pp	5.9%
Return on Equity	41.0%	N/A	N/A	N/A	N/A	N/A	N/A	3085.5%+2574.8pp	510.8%-105.4pp	616.2%+534.5pp	81.7%+18.9pp	62.8%+32.0pp	30.8%-35.6pp	66.5%-47.8pp	114.3%
Return on Assets	1.3%+8.9pp	-7.6%-5.9pp	-1.6%+2.0pp	-3.6%-0.6pp	-3.0%+4.8pp	-7.8%-7.3pp	-0.5%-9.4pp	8.9%+1.4pp	7.5%+1.9pp	5.6%+0.1pp	5.5%-0.4pp	5.9%+0.9pp	5.0%+0.6pp	4.4%-0.6pp	5.0%
Current Ratio	1.19-0.1x	1.32+0.2x	1.14-0.1x	1.22-0.1x	1.33-0.1x	1.39+0.3x	1.050.0x	1.08-0.1x	1.14-0.1x	1.25-0.1x	1.35-0.1x	1.41+0.1x	1.260.0x	1.27+0.1x	1.21
Debt-to-Equity	8.37	N/A	N/A	N/A	N/A	N/A	N/A	31.44+25.5x	5.91-5.8x	11.71+10.3x	1.38+0.4x	0.94+0.4x	0.54-1.0x	1.53-1.3x	2.85
Asset Turnover	0.53+0.1x	0.43-0.1x	0.57+0.1x	0.490.0x	0.45+0.1x	0.38-0.2x	0.57-0.3x	0.860.0x	0.84-0.2x	1.040.0x	1.020.0x	0.980.0x	0.930.0x	0.92+0.1x	0.86
FCF Margin	-2.1%+19.4pp	-21.5%-27.2pp	5.7%+2.3pp	3.4%+10.5pp	-7.1%+26.8pp	-33.9%-28.3pp	-5.6%-19.0pp	13.5%+1.1pp	12.3%+3.9pp	8.4%+1.2pp	7.2%-0.1pp	7.3%+0.3pp	7.0%-0.1pp	7.1%+3.8pp	3.4%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	9.8%-0.9pp	11.5%-0.9pp	7.6%+18.0pp	-10.2%+9.4pp	10.7%+3.4pp	12.4%+1.1pp	-10.4%-22.7pp	-19.7%-26.1pp
Operating Margin	0.6%+1.4pp	2.0%-0.3pp	36.6%+61.4pp	-20.5%+11.7pp	-0.8%+5.7pp	2.4%+2.9pp	-24.7%-26.0pp	-32.3%-27.8pp
Net Margin	-1.8%+0.9pp	0.0%+0.2pp	34.3%+59.7pp	-22.9%+11.6pp	-2.7%+5.8pp	-0.2%+1.9pp	-25.4%-25.3pp	-34.6%-25.6pp
Return on Equity	-7.3%	-0.1%	150.7%	N/A	N/A	N/A	N/A	N/A
Return on Assets	-0.3%+0.1pp	0.0%0.0pp	4.9%+7.4pp	-3.6%+0.9pp	-0.4%+0.6pp	0.0%+0.2pp	-2.5%-2.5pp	-4.5%-3.3pp
Current Ratio	1.14-0.1x	1.18-0.1x	1.19-0.1x	1.18+0.1x	1.230.0x	1.23+0.1x	1.32+0.2x	1.120.0x
Debt-to-Equity	6.78	7.41	8.37	N/A	N/A	N/A	N/A	N/A
Asset Turnover	0.150.0x	0.130.0x	0.140.0x	0.160.0x	0.150.0x	0.120.0x	0.10-0.1x	0.130.0x
FCF Margin	2.6%+3.5pp	-6.5%+5.2pp	1.6%+28.5pp	1.0%+12.0pp	-0.9%+24.8pp	-11.8%+12.0pp	-26.9%-40.3pp	-11.0%-9.3pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Boeing Company BA	FY2025	$89.5B	$2.2B	2.5%	$148.8B	27/100
Lockheed Martin Corp. LMT	FY2025	$75.0B	$5.0B	6.7%	$117.7B	56/100
General Dynamics Corporation GD	FY2025	$52.5B	$4.2B	8.0%	$89.6B	63/100
Northrop Grumman Corp. NOC	FY2025	$42.0B	$4.2B	10.0%	$68.6B	49/100
Howmet Aerospace Inc. HWM	FY2025	$8.3B	$1.5B	18.3%	$92.4B	71/100
TransDigm Group Incorporated TDG	FY2025	$8.8B	$2.1B	23.5%	$61.0B	73/100

Where Boeing Company Ranks

Frequently Asked Questions

What is Boeing Company's annual revenue?

Boeing Company (BA) reported $89.5B in total revenue for fiscal year 2025. This represents a 34.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Boeing Company's revenue growing?

Boeing Company (BA) revenue grew by 34.5% year-over-year, from $66.5B to $89.5B in fiscal year 2025.

Is Boeing Company profitable?

Yes, Boeing Company (BA) reported a net income of $2.2B in fiscal year 2025, with a net profit margin of 2.5%.

What is Boeing Company's EBITDA?

Boeing Company (BA) had EBITDA of $6.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Boeing Company have?

As of fiscal year 2025, Boeing Company (BA) had $10.9B in cash and equivalents against $45.6B in long-term debt.

What is Boeing Company's gross margin?

Boeing Company (BA) had a gross margin of 4.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Boeing Company's operating margin?

Boeing Company (BA) had an operating margin of 4.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Boeing Company's net profit margin?

Boeing Company (BA) had a net profit margin of 2.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Boeing Company's return on equity (ROE)?

Boeing Company (BA) has a return on equity of 41.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Boeing Company's free cash flow?

Boeing Company (BA) recorded an outflow of $1.9B in free cash flow during fiscal year 2025. This represents a 86.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Boeing Company's operating cash flow?

Boeing Company (BA) generated $1.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Boeing Company's total assets?

Boeing Company (BA) had $168.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Boeing Company's capital expenditures?

Boeing Company (BA) invested $2.9B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Boeing Company spend on research and development?

Boeing Company (BA) invested $3.6B in research and development during fiscal year 2025.

How many shares does Boeing Company have outstanding?

Boeing Company (BA) had 785M shares outstanding as of fiscal year 2025.

What is Boeing Company's current ratio?

Boeing Company (BA) had a current ratio of 1.19 as of fiscal year 2025, which is considered adequate.

What is Boeing Company's debt-to-equity ratio?

Boeing Company (BA) had a debt-to-equity ratio of 8.37 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Boeing Company's return on assets (ROA)?

Boeing Company (BA) had a return on assets of 1.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Boeing Company's P/E ratio?

Boeing Company (BA) trades at 61.1x earnings, its market capitalization divided by net income of $2.4B net income, trailing 12 months to June 30, 2026. The market capitalization is $148.8B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Boeing Company's price-to-sales ratio?

Boeing Company (BA) trades at 1.6x sales, its market capitalization divided by revenue of $94.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $148.8B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Boeing Company's Altman Z-Score?

Boeing Company (BA) has an Altman Z-Score of 1.45, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Boeing Company's Piotroski F-Score?

Boeing Company (BA) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Boeing Company's earnings high quality?

Boeing Company (BA) has an earnings quality ratio of 0.48x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Boeing Company cover its interest payments?

Boeing Company (BA) has an interest coverage ratio of 1.54x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Boeing Company?

Boeing Company (BA) scores 27 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.