COVERAGE / BA / Industrials

BOEING CO

Aircraft

COVERAGE STATUSACTIVE

DATA THROUGH2025-12-31

RESEARCH REPORTS1

SELECTED FILINGS1

Fundamental matrix

Latest / 2025-12-31 · Prior / 2024-12-31 · USD · Annual periods

Revenue

$89.46bn

Prior / $66.52bn

Change / +34.50%

SOURCE / 2026-01-30

Operating income

$4.28bn

Prior / $-10.71bn

Change / Base not positive

SOURCE / 2026-01-30

Net income

$2.24bn

Prior / $-11.82bn

Change / Base not positive

SOURCE / 2026-01-30

Diluted EPS

$2.48

Prior / $-18.36

Change / Base not positive

SOURCE / 2026-01-30

Free cash flow

$-1.88bn

Prior / $-14.31bn

Change / Base not positive

SOURCE / 2026-01-30

Gross margin

4.79%

Prior / -2.99%

Change / +7.79 pp

SOURCE / 2026-01-30

Operating margin

4.79%

Prior / -16.10%

Change / +20.88 pp

SOURCE / 2026-01-30

Return on avg. equity

289.13%

Prior / Not available

Change / Unavailable

SOURCE / 2026-01-30

Debt / equity

Not available

Prior / Not available

Change / Unavailable

SOURCE / Not available

ROE uses net income divided by average opening/closing equity. FCF = operating cash flow − selected capital expenditure. Debt/equity is unavailable because a verified interest-bearing-debt series is absent; total liabilities are not substituted for debt.

Inspect source tags, dates and accession numbers

{
  "revenue": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 89463000000,
    "accn": "0001628280-26-004357",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-30",
    "frame": "CY2025",
    "tag": "us-gaap:Revenues",
    "unit": "USD"
  },
  "netIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 2235000000,
    "accn": "0001628280-26-004357",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-30",
    "frame": "CY2025",
    "tag": "us-gaap:NetIncomeLoss",
    "unit": "USD"
  },
  "grossProfit": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 4289000000,
    "accn": "0001628280-26-004357",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-30",
    "frame": "CY2025",
    "tag": "us-gaap:GrossProfit",
    "unit": "USD"
  },
  "operatingIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 4281000000,
    "accn": "0001628280-26-004357",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-30",
    "frame": "CY2025",
    "tag": "us-gaap:OperatingIncomeLoss",
    "unit": "USD"
  },
  "eps": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 2.48,
    "accn": "0001628280-26-004357",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-30",
    "frame": "CY2025",
    "tag": "us-gaap:EarningsPerShareDiluted",
    "unit": "USD/shares"
  },
  "operatingCashFlow": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 1065000000,
    "accn": "0001628280-26-004357",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-30",
    "frame": "CY2025",
    "tag": "us-gaap:NetCashProvidedByUsedInOperatingActivities",
    "unit": "USD"
  },
  "capex": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 2942000000,
    "accn": "0001628280-26-004357",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-30",
    "frame": "CY2025",
    "tag": "us-gaap:PaymentsToAcquirePropertyPlantAndEquipment",
    "unit": "USD"
  },
  "totalAssets": {
    "end": "2025-12-31",
    "val": 168235000000,
    "accn": "0001628280-26-004357",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-30",
    "tag": "us-gaap:Assets",
    "unit": "USD"
  },
  "totalLiabilities": {
    "end": "2025-12-31",
    "val": 162778000000,
    "accn": "0001628280-26-004357",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-30",
    "tag": "us-gaap:Liabilities",
    "unit": "USD"
  },
  "shareholdersEquity": {
    "end": "2025-12-31",
    "val": 5454000000,
    "accn": "0001628280-26-004357",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-30",
    "tag": "us-gaap:StockholdersEquity",
    "unit": "USD"
  },
  "currentAssets": {
    "end": "2025-12-31",
    "val": 128459000000,
    "accn": "0001628280-26-004357",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-30",
    "tag": "us-gaap:AssetsCurrent",
    "unit": "USD"
  },
  "currentLiabilities": {
    "end": "2025-12-31",
    "val": 108115000000,
    "accn": "0001628280-26-004357",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-01-30",
    "tag": "us-gaap:LiabilitiesCurrent",
    "unit": "USD"
  }
}

Financial trend system

Annual financial trends are summarized in the accessible table below.

Annual figures / accessible table

Period end	Revenue	Net income	Free cash flow	EPS
2025-12-31	$89.46bn	$2.24bn	$-1.88bn	$2.48
2024-12-31	$66.52bn	$-11.82bn	$-14.31bn	$-18.36
2023-12-31	$77.79bn	$-2.22bn	$4.43bn	$-3.67
2022-12-31	$66.61bn	$-4.94bn	$2.29bn	$-8.30

Valuation context

Historical snapshot / 2026-09-17. Annual accounting period / 2025-12-31. Not current, TTM or forward valuation.

Dated ratios / eligible same-method sector sample
Measure	Snapshot value	Historical median	Sector median	Peer count
P/E	79.44x	Unavailable	37.06x	11
P/S	Unavailable	Unavailable	4.74x	8
P/B	Unavailable	Unavailable	7.57x	7
EV / EBITDA	Unavailable	Unavailable	Unavailable	0
FCF yield	Unavailable	Unavailable	3.29%	6

Annual denominators, not TTM or forward. Capitalization-based measures use estimated market capitalization from the dated quote snapshot. ADR/share-basis uncertainty is excluded. No comparable historical-multiple series or EV/EBITDA is available. Sector samples are equal-weight medians of this publication’s eligible covered companies; fiscal periods differ. No fair value or price target is implied.

Source: Yahoo Finance completed daily-bar snapshot; not live DAILY-BAR SOURCE ↗

Retained price snapshot and capitalization estimate

{
  "currentPrice": 197,
  "tradingDate": "2026-09-17",
  "marketCap": null,
  "source": "Yahoo Finance completed daily-bar snapshot; not live"
}

Company & operating context

BOEING CO is an SEC-reporting issuer listed on NYSE under BA. Its SEC industry description is Aircraft. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications.

Equipment manufacturers, transport operators and industrial service providers face differing order and asset cycles.

Segment-level revenue is not included in this standardized dataset. Consult the business and segment notes in the linked annual filing for the issuer’s actual reporting segments.

Filing timeline

10-KFILED / 2026-01-30PERIOD / 2025-12-31

BA filed this 10-K on 2026-01-30 for the reported period 2025-12-31. Reading focus: Backlog conversion, utilization, deliveries, working capital and service revenue. This is a metadata-based reading guide; it does not assert that a particular event or risk change occurred in the document.

ORIGINAL SEC DISCLOSURE ↗

Research archive

HR-0021BACompany Research

BA: reading the FY2025 financial structure ↗

BOEING CO

Research abstract

Annual revenue of USD 89.463 billion and net income of USD 2.235 billion for the period ended 2025-12-31.

DATA THROUGH2025-12-312 MIN READPUBLISHED 2026-09-26

Sector context & risk factors

Order cancellations, supply constraints, execution risk, labor costs and capital-cycle sensitivity.

Backlog conversion, utilization, deliveries, working capital and service revenue.

INDUSTRIALS SYSTEM ↗

Sources & dates

SEC annual filing · 2025-12-31 ↗Source date 2026-01-30
SEC annual filing · 2024-12-31 ↗Source date 2026-01-30
SEC annual filing · 2023-12-31 ↗Source date 2026-01-30
SEC annual filing · 2022-12-31 ↗Source date 2025-02-03
SEC issuer record ↗Source date 2026-09-18