B

THE BOEING COMPANY

BA-PA · CIK 0000012927

19 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$89.46B34.5%
FY2025
Net income (FY)
$2.23B118.9%
FY2025
Free cash flow (FY)
−$1.88B86.9%
FY2025
Diluted EPS (FY)
$2.48113.5%
FY2025
The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$50B$100BFY2007 · Revenue $66.39B · Net income $4.07B · 0001193125-10-024406 · filed 2010-02-08FY07Revenue $66.39BNet income $4.07B0001193125-10-024406 · filed 2010-02-08FY2008 · Revenue $60.91B · Net income $2.67B · 0001193125-11-028490 · filed 2011-02-09FY08Revenue $60.91BNet income $2.67B0001193125-11-028490 · filed 2011-02-09FY2009 · Revenue $68.28B · Net income $1.31B · 0001193125-12-048565 · filed 2012-02-09FY09Revenue $68.28BNet income $1.31B0001193125-12-048565 · filed 2012-02-09FY2010 · Revenue $64.31B · Net income $3.31B · 0000012927-13-000014 · filed 2013-02-11FY10Revenue $64.31BNet income $3.31B0000012927-13-000014 · filed 2013-02-11FY2011 · Revenue $68.73B · Net income $4.02B · 0000012927-14-000004 · filed 2014-02-14FY11Revenue $68.73BNet income $4.02B0000012927-14-000004 · filed 2014-02-14FY2012 · Revenue $81.70B · Net income $3.90B · 0000012927-15-000011 · filed 2015-02-12FY12Revenue $81.70BNet income $3.90B0000012927-15-000011 · filed 2015-02-12FY2013 · Revenue $86.62B · Net income $4.58B · 0000012927-16-000099 · filed 2016-02-10FY13Revenue $86.62BNet income $4.58B0000012927-16-000099 · filed 2016-02-10FY2014 · Revenue $90.76B · Net income $5.45B · 0000012927-17-000006 · filed 2017-02-08FY14Revenue $90.76BNet income $5.45B0000012927-17-000006 · filed 2017-02-08FY2015 · Revenue $96.11B · Net income $5.18B · 0000012927-18-000007 · filed 2018-02-12FY15Revenue $96.11BNet income $5.18B0000012927-18-000007 · filed 2018-02-12FY2016 · Revenue $93.50B · Net income $5.03B · 0000012927-19-000010 · filed 2019-02-08FY16Revenue $93.50BNet income $5.03B0000012927-19-000010 · filed 2019-02-08FY2017 · Revenue $94.00B · Net income $8.46B · 0000012927-20-000014 · filed 2020-01-31FY17Revenue $94.00BNet income $8.46B0000012927-20-000014 · filed 2020-01-31FY2018 · Revenue $101.13B · Net income $10.46B · 0000012927-20-000014 · filed 2020-01-31 · 0000012927-21-000011 · filed 2021-02-01FY18Revenue $101.13BNet income $10.46B0000012927-20-000014 · filed 2020-01-31 · 0000012927-21-000011 · filed 2021-02-01FY2019 · Revenue $76.56B · Net income −$636.0M · 0000012927-20-000014 · filed 2020-01-31 · 0000012927-22-000010 · filed 2022-01-31FY19Revenue $76.56BNet income −$636.0M0000012927-20-000014 · filed 2020-01-31 · 0000012927-22-000010 · filed 2022-01-31FY2020 · Revenue $58.16B · Net income −$11.87B · 0000012927-23-000007 · filed 2023-01-27FY20Revenue $58.16BNet income −$11.87B0000012927-23-000007 · filed 2023-01-27FY2021 · Revenue $62.29B · Net income −$4.20B · 0000012927-24-000010 · filed 2024-01-31FY21Revenue $62.29BNet income −$4.20B0000012927-24-000010 · filed 2024-01-31FY2022 · Revenue $66.61B · Net income −$4.93B · 0000012927-25-000015 · filed 2025-02-03FY22Revenue $66.61BNet income −$4.93B0000012927-25-000015 · filed 2025-02-03FY2023 · Revenue $77.79B · Net income −$2.22B · 0001628280-26-004357 · filed 2026-01-30FY23Revenue $77.79BNet income −$2.22B0001628280-26-004357 · filed 2026-01-30FY2024 · Revenue $66.52B · Net income −$11.82B · 0001628280-26-004357 · filed 2026-01-30FY24Revenue $66.52BNet income −$11.82B0001628280-26-004357 · filed 2026-01-30FY2025 · Revenue $89.46B · Net income $2.23B · 0001628280-26-004357 · filed 2026-01-30FY25Revenue $89.46BNet income $2.23B0001628280-26-004357 · filed 2026-01-30FY25Revenue $89.46BNet income $2.23B0001628280-26-004357 · filed 2026-01-30FY07FY10FY13FY16FY19FY22FY25

revenue 1.3× since FY2007 · net margin 6.1% → 2.5%

MarginsNet marginFCF margin
-20%0%FY2007 · Net margin 6.1% · FCF margin 11.8%FY07Net margin 6.1%FCF margin 11.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2008 · Net margin 4.4% · FCF margin -3.4%FY08Net margin 4.4%FCF margin -3.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin 1.9% · FCF margin 6.5%FY09Net margin 1.9%FCF margin 6.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 5.1% · FCF margin 2.8%FY10Net margin 5.1%FCF margin 2.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 5.8% · FCF margin 3.4%FY11Net margin 5.8%FCF margin 3.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 4.8% · FCF margin 7.1%FY12Net margin 4.8%FCF margin 7.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 5.3% · FCF margin 7.0%FY13Net margin 5.3%FCF margin 7.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 6.0% · FCF margin 7.3%FY14Net margin 6.0%FCF margin 7.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 5.4% · FCF margin 7.2%FY15Net margin 5.4%FCF margin 7.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 5.4% · FCF margin 8.4%FY16Net margin 5.4%FCF margin 8.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 9.0% · FCF margin 12.3%FY17Net margin 9.0%FCF margin 12.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 10.3% · FCF margin 13.4%FY18Net margin 10.3%FCF margin 13.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin -0.8% · FCF margin -5.6%FY19Net margin -0.8%FCF margin -5.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin -20.4% · FCF margin -33.9%FY20Net margin -20.4%FCF margin -33.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin -6.7% · FCF margin -7.1%FY21Net margin -6.7%FCF margin -7.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin -7.4% · FCF margin 3.4%FY22Net margin -7.4%FCF margin 3.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin -2.9% · FCF margin 5.7%FY23Net margin -2.9%FCF margin 5.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin -17.8% · FCF margin -21.5%FY24Net margin -17.8%FCF margin -21.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 2.5% · FCF margin -2.1%FY25Net margin 2.5%FCF margin -2.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 2.5%FCF margin -2.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 2.5% · free cash flow -2.1% of revenue

Cash engineOperating cash flowFree cash flow
−$20B−$10B$0$10BFY2007 · OCF $9.58B · FCF $7.85B · 0001193125-10-024406 · filed 2010-02-08FY07OCF $9.58BFCF $7.85B0001193125-10-024406 · filed 2010-02-08FY2008 · OCF −$401.0M · FCF −$2.08B · 0001193125-11-028490 · filed 2011-02-09FY08OCF −$401.0MFCF −$2.08B0001193125-11-028490 · filed 2011-02-09FY2009 · OCF $5.60B · FCF $4.42B · 0001193125-12-048565 · filed 2012-02-09FY09OCF $5.60BFCF $4.42B0001193125-12-048565 · filed 2012-02-09FY2010 · OCF $2.95B · FCF $1.83B · 0000012927-13-000014 · filed 2013-02-11FY10OCF $2.95BFCF $1.83B0000012927-13-000014 · filed 2013-02-11FY2011 · OCF $4.02B · FCF $2.31B · 0000012927-14-000004 · filed 2014-02-14FY11OCF $4.02BFCF $2.31B0000012927-14-000004 · filed 2014-02-14FY2012 · OCF $7.51B · FCF $5.80B · 0000012927-15-000011 · filed 2015-02-12FY12OCF $7.51BFCF $5.80B0000012927-15-000011 · filed 2015-02-12FY2013 · OCF $8.18B · FCF $6.08B · 0000012927-16-000099 · filed 2016-02-10FY13OCF $8.18BFCF $6.08B0000012927-16-000099 · filed 2016-02-10FY2014 · OCF $8.86B · FCF $6.62B · 0000012927-17-000006 · filed 2017-02-08FY14OCF $8.86BFCF $6.62B0000012927-17-000006 · filed 2017-02-08FY2015 · OCF $9.36B · FCF $6.91B · 0000012927-18-000007 · filed 2018-02-12FY15OCF $9.36BFCF $6.91B0000012927-18-000007 · filed 2018-02-12FY2016 · OCF $10.50B · FCF $7.88B · 0000012927-19-000010 · filed 2019-02-08FY16OCF $10.50BFCF $7.88B0000012927-19-000010 · filed 2019-02-08FY2017 · OCF $13.35B · FCF $11.61B · 0000012927-20-000014 · filed 2020-01-31FY17OCF $13.35BFCF $11.61B0000012927-20-000014 · filed 2020-01-31FY2018 · OCF $15.32B · FCF $13.60B · 0000012927-21-000011 · filed 2021-02-01FY18OCF $15.32BFCF $13.60B0000012927-21-000011 · filed 2021-02-01FY2019 · OCF −$2.45B · FCF −$4.28B · 0000012927-22-000010 · filed 2022-01-31FY19OCF −$2.45BFCF −$4.28B0000012927-22-000010 · filed 2022-01-31FY2020 · OCF −$18.41B · FCF −$19.71B · 0000012927-23-000007 · filed 2023-01-27FY20OCF −$18.41BFCF −$19.71B0000012927-23-000007 · filed 2023-01-27FY2021 · OCF −$3.42B · FCF −$4.40B · 0000012927-24-000010 · filed 2024-01-31FY21OCF −$3.42BFCF −$4.40B0000012927-24-000010 · filed 2024-01-31FY2022 · OCF $3.51B · FCF $2.29B · 0000012927-25-000015 · filed 2025-02-03FY22OCF $3.51BFCF $2.29B0000012927-25-000015 · filed 2025-02-03FY2023 · OCF $5.96B · FCF $4.43B · 0001628280-26-004357 · filed 2026-01-30FY23OCF $5.96BFCF $4.43B0001628280-26-004357 · filed 2026-01-30FY2024 · OCF −$12.08B · FCF −$14.31B · 0001628280-26-004357 · filed 2026-01-30FY24OCF −$12.08BFCF −$14.31B0001628280-26-004357 · filed 2026-01-30FY2025 · OCF $1.06B · FCF −$1.88B · 0001628280-26-004357 · filed 2026-01-30FY25OCF $1.06BFCF −$1.88B0001628280-26-004357 · filed 2026-01-30FY25OCF $1.06BFCF −$1.88B0001628280-26-004357 · filed 2026-01-30’09’13’17’21’25

FY2025: $1.06B operating cash − $2.94B capex = −$1.88B free cash flow

Returns on capitalReturn on equityReturn on assets
0%1000%2000%3000%FY2008 · ROE -206.5% · ROA 5.0%FY08ROE -206.5%ROA 5.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2009 · ROE 61.7% · ROA 2.1%FY09ROE 61.7%ROA 2.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE 119.6% · ROA 4.8%FY10ROE 119.6%ROA 4.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE 114.3% · ROA 5.0%FY11ROE 114.3%ROA 5.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 66.5% · ROA 4.4%FY12ROE 66.5%ROA 4.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 30.8% · ROA 4.9%FY13ROE 30.8%ROA 4.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 62.9% · ROA 5.9%FY14ROE 62.9%ROA 5.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 81.7% · ROA 5.5%FY15ROE 81.7%ROA 5.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 616.2% · ROA 5.6%FY16ROE 616.2%ROA 5.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 510.7% · ROA 7.5%FY17ROE 510.7%ROA 7.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 3085.5% · ROA 8.9%FY18ROE 3085.5%ROA 8.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 7.4% · ROA -0.5%FY19ROE 7.4%ROA -0.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 64.8% · ROA -7.8%FY20ROE 64.8%ROA -7.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 28.0% · ROA -3.0%FY21ROE 28.0%ROA -3.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 31.1% · ROA -3.6%FY22ROE 31.1%ROA -3.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 12.9% · ROA -1.6%FY23ROE 12.9%ROA -1.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 302.4% · ROA -7.6%FY24ROE 302.4%ROA -7.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 41.0% · ROA 1.3%FY25ROE 41.0%ROA 1.3%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 41.0%ROA 1.3%derived: net income ÷ equity · derived: net income ÷ assets’09’13’17’21’25

return on equity -206% (FY2008) → 41% (FY2025) · on assets 1.3%

Balance sheetLiabilitiesEquity
$0$50B$100B$150BFY2010 · Liabilities $65.70B · Equity $2.77BFY10Liabilities $65.70BEquity $2.77B0001193125-12-048565 · filed 2012-02-09FY2011 · Liabilities $76.38B · Equity $3.52BFY11Liabilities $76.38BEquity $3.52B0001193125-12-048565 · filed 2012-02-09 · 0000012927-13-000014 · filed 2013-02-11FY2019 · Liabilities $141.93B · Equity −$8.62BFY19Liabilities $141.93BEquity −$8.62B0000012927-21-000011 · filed 2021-02-01FY2020 · Liabilities $170.21B · Equity −$18.32BFY20Liabilities $170.21BEquity −$18.32B0000012927-22-000010 · filed 2022-01-31FY2021 · Liabilities $153.40B · Equity −$15.00BFY21Liabilities $153.40BEquity −$15.00B0000012927-23-000007 · filed 2023-01-27FY2022 · Liabilities $152.95B · Equity −$15.88BFY22Liabilities $152.95BEquity −$15.88B0000012927-24-000010 · filed 2024-01-31FY2023 · Liabilities $154.24B · Equity −$17.23BFY23Liabilities $154.24BEquity −$17.23B0000012927-25-000015 · filed 2025-02-03FY2024 · Liabilities $160.28B · Equity −$3.91BFY24Liabilities $160.28BEquity −$3.91B0001628280-26-004357 · filed 2026-01-30FY2025 · Liabilities $162.78B · Equity $5.45BFY25Liabilities $162.78BEquity $5.45B0001628280-26-004357 · filed 2026-01-30FY25Liabilities $162.78BEquity $5.45B0001628280-26-004357 · filed 2026-01-30’10’19’21’23’25

FY2025: $168.24B assets · $162.78B liabilities · $5.45B equity

The receipts