BA Financials Boeing

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has grown 9.0% per year over the past 5 years.
Operating margin has expanded, at 4.8% in the latest year.

Financial health

Total debt ($53.8B) exceeds cash ($10.9B); net debt is $42.9B.
Total debt has grown slower than revenue (-3.2% vs 9.0% per year).
Operating income covered interest expense 1.5× in the latest year, up from -5.9× 5 years ago.
Total debt is 8.6× EBITDA.

Shareholder returns

Dividends have been paid for 1 consecutive year, consuming 14.8% of earnings.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$89.5B	$2.2B	4.8%	4.8%	-$1.9B	$53.8B	$10.9B
2024	$66.5B	-$11.8B	-3.0%	-16.1%	-$14.3B	$53.6B	$13.8B
2023	$77.8B	-$2.2B	9.9%	-1.0%	$4.4B	$52.1B	$12.7B
2022	$66.6B	-$4.9B	5.3%	-5.3%	$2.3B	$56.8B	$14.6B
2021	$62.3B	-$4.2B	4.9%	-4.6%	-$4.4B	$57.9B	$8.1B
2020	$58.2B	-$11.9B	-9.8%	-22.0%	-$19.7B	$63.4B	$7.8B
2019	$76.6B	-$636M	5.8%	-2.6%	-$4.3B	$27.1B	$9.5B
2018	$101.1B	$10.5B	19.4%	11.9%	$13.6B	—	$7.6B
2017	$94.0B	$8.5B	18.5%	11.0%	$11.6B	—	$8.8B
2016	$93.5B	$5.0B	15.5%	7.0%	$7.9B	—	$8.8B
2015	$96.1B	$5.2B	14.6%	7.7%	$6.9B	—	$11.3B
2014	$90.8B	$5.4B	15.4%	8.2%	$6.6B	—	$11.7B
2013	$86.6B	$4.6B	15.4%	7.6%	$6.1B	—	$9.1B
2012	$81.7B	$3.9B	16.0%	7.7%	$5.8B	—	$10.3B
2011	$68.7B	$4.0B	18.7%	8.5%	$2.3B	—	$10.0B

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$22.2B	-$4M	11.5%	2.0%	-$1.5B	$47.0B	$9.4B
Dec '25	$23.9B	$8.2B	7.6%	36.7%	$375M	$53.8B	$10.9B
Sep '25	$23.3B	-$5.3B	-10.2%	-20.5%	$238M	$53.2B	$6.2B
Jun '25	$22.7B	-$611M	10.7%	-0.8%	-$200M	$53.1B	$7.1B
Mar '25	$19.5B	-$37M	12.4%	2.4%	-$2.3B	$53.4B	$10.1B
Dec '24	$15.2B	-$3.9B	-10.4%	-24.7%	-$4.1B	$53.6B	$13.8B
Sep '24	$17.8B	-$6.2B	-19.7%	-32.3%	-$2.0B	$57.4B	$10.0B
Jun '24	$16.9B	-$1.4B	7.3%	-6.5%	-$4.3B	$57.7B	$10.9B
Mar '24	$16.6B	-$343M	11.3%	-0.5%	-$3.9B	$47.7B	$6.9B
Dec '23	$22.0B	-$23M	12.2%	1.3%	$3.0B	$52.1B	$12.7B
Sep '23	$18.1B	-$1.6B	6.4%	-4.5%	-$310M	$52.0B	$6.8B
Jun '23	$19.8B	-$149M	9.8%	-0.5%	$2.6B	$52.0B	$7.3B
Mar '23	$17.9B	-$414M	10.7%	-0.8%	-$786M	$55.2B	$10.8B
Dec '22	$20.0B	-$634M	9.3%	-1.7%	$3.1B	$56.8B	$14.6B
Sep '22	$16.0B	-$3.3B	-5.1%	-17.5%	$2.9B	$57.0B	$13.5B
Jun '22	$16.7B	$193M	12.8%	4.7%	-$182M	$57.0B	$10.1B
Mar '22	$14.0B	-$1.2B	2.5%	-8.3%	-$3.6B	$57.6B	$7.4B
Dec '21	$14.8B	-$4.1B	-17.0%	-28.2%	$494M	$57.9B	$8.1B
Sep '21	$15.3B	-$109M	11.2%	2.2%	-$507M	$62.2B	$9.8B
Jun '21	$17.0B	$587M	14.2%	6.0%	-$705M	$63.4B	$8.3B

Valuation over time

How the market has priced BA against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 76.6× (Dec '25) to 77.0× (Jun '26).
The price-to-sales ratio has fallen from 2.5× (Mar '23) to 1.9× (Jun '26).
The dividend yield has fallen from 0.2% (Dec '25) to 0.2% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is BA growing its revenue and profit?

Over the past 5 years, Boeing's revenue has grown 9.0% per year. These are computed facts, not advice.

How much debt does BA have?

As of FY2025, Boeing reported $53.8B of total debt against $10.9B of cash; operating income covered interest expense 1.5×.

What is BA's profit margin?

In FY2025, gross margin was 4.8%, operating margin 4.8%, and net margin 2.5%.

What is BA's P/E ratio?

As of Jun '26, Boeing traded at a price-to-earnings ratio of about 77.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.