Boeing (BA) Stock Analysis
Here is a fundamental analysis of Boeing (BA), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | Current stock: BA | Industry group median |
|---|---|---|
| 1-Year Return | 7.51% | 25.11% |
Risk
Drawdown
Risk at a Glance
| Metric | Current stock: BA | Industry group median |
|---|---|---|
| 1-Year Volatility | 32.03% | 41.58% |
| Beta | 1.20 | 1.19 |
Company Profile
| Profile Item | BA |
|---|---|
| Name | Boeing Company |
| Country/Region | United States |
| GICS Sector | Industrials |
| GICS Industry Group | Capital Goods |
| GICS Industry | Aerospace & Defense |
| GICS Sub-Industry | Aerospace & Defense |
| Market Capitalization | 172.68 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | January 2, 1962 |
| Security Type | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Boeing (BA) trades at P/E ratio of 86.92, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.
BA
Capital Goods industry group
86.92
Group distribution
- Max
- 89.57
- BA
- 86.92
- Q3
- 49.59
- Median
- 32.68
- Q1
- 22.67
- Min
- 6.05
Largest peers
- BA
- 86.92
- CAT
- 45.26
- GE
- 41.65
- ETN
- 38.30
- RTX
- 34.50
- DE
- 32.68
- GEV
- 27.47
Price-to-Sales Ratio (TTM)
Boeing (BA) trades at 1.87 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.
BA
Capital Goods industry group
1.87
Group distribution
- Max
- 10.21
- Q3
- 4.95
- Median
- 2.70
- BA
- 1.87
- Q1
- 1.31
- Min
- 0.05
Largest peers
- GE
- 7.25
- GEV
- 6.42
- CAT
- 5.93
- ETN
- 5.33
- DE
- 3.29
- RTX
- 2.73
- BA
- 1.87
Price-to-Book Ratio (MRQ)
Boeing (BA) trades at 28.86 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.
BA
Capital Goods industry group
28.86
Group distribution
- BA
- 28.86
- Max
- 14.00
- Q3
- 7.07
- Median
- 3.83
- Q1
- 2.13
- Min
- -4.80
Largest peers
- BA
- 28.86
- CAT
- 22.48
- GE
- 18.83
- GEV
- 18.16
- ETN
- 7.71
- DE
- 5.69
- RTX
- 3.73
Valuation at a Glance
| Metric | Current stock: BA | Industry group median |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 86.92 | 32.68 |
| Price-to-Sales Ratio (TTM) | 1.87 | 2.70 |
| Price-to-Book Ratio (MRQ) | 28.86 | 3.83 |
| Free Cash Flow Yield | 1.48% | 2.07% |
Profitability
Return on Equity (TTM)
Boeing (BA) posts ROE of 169.95%, above the industry benchmark range. Equity is being turned into profit at an exceptional rate, but very high ROE should still be checked against leverage, buybacks, and the size of the equity base.
BA
Capital Goods industry group
169.95%
Group distribution
- BA
- 169.95%
- Max
- 46.13%
- Q3
- 20.05%
- Median
- 11.19%
- Q1
- 2.17%
- Min
- -23.78%
Largest peers
- BA
- 169.95%
- GEV
- 75.71%
- CAT
- 51.33%
- GE
- 45.43%
- ETN
- 20.85%
- DE
- 18.35%
- RTX
- 11.57%
Net Profit Margin (TTM)
Boeing (BA) keeps 2.46% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.
BA
Capital Goods industry group
2.46%
Group distribution
- Max
- 24.69%
- Q3
- 11.55%
- Median
- 5.77%
- BA
- 2.46%
- Q1
- 0.30%
- Min
- -13.94%
Largest peers
- GEV
- 23.81%
- GE
- 17.86%
- ETN
- 13.99%
- CAT
- 13.33%
- DE
- 10.10%
- RTX
- 8.03%
- BA
- 2.46%
Operating Profit Margin (TTM)
Boeing (BA) turns 1.72% of revenue into operating profit, in the lower peer quartile for operating margin. Operating costs are taking a larger share of sales than they do at most peers.
BA
Capital Goods industry group
1.72%
Group distribution
- Max
- 29.84%
- Q3
- 15.85%
- Median
- 8.19%
- Q1
- 1.80%
- BA
- 1.72%
- Min
- -17.50%
Largest peers
- GE
- 20.21%
- CAT
- 18.18%
- DE
- 17.48%
- ETN
- 16.11%
- RTX
- 13.18%
- GEV
- 5.46%
- BA
- 1.72%
Profitability at a Glance
| Metric | Current stock: BA | Industry group median |
|---|---|---|
| Return on Equity (TTM) | 169.95% | 11.19% |
| Return on Assets (TTM) | -2.07% | 5.15% |
| Net Profit Margin (TTM) | 2.46% | 5.77% |
| Operating Profit Margin (TTM) | 1.72% | 8.19% |
| Gross Profit Margin (TTM) | 4.83% | 29.80% |
Financial Strength
Current Ratio (MRQ)
Boeing (BA) has current ratio of 1.18, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.
BA
Capital Goods industry group
1.18
Group distribution
- Max
- 5.24
- Q3
- 2.98
- Median
- 2.12
- Q1
- 1.45
- BA
- 1.18
- Min
- 0.71
Largest peers
- DE
- 2.21
- CAT
- 1.35
- ETN
- 1.19
- BA
- 1.18
- RTX
- 1.02
- GE
- 1.01
- GEV
- 0.89
Debt-to-Equity Ratio (MRQ)
Boeing (BA) has debt-to-equity ratio of 8.29, above the industry benchmark range. Debt sits unusually high against shareholders’ equity, leaving the balance sheet more exposed to rate, refinancing, or earnings shocks.
BA
Capital Goods industry group
8.29
Group distribution
- BA
- 8.29
- Max
- 2.29
- Q3
- 1.08
- Median
- 0.62
- Q1
- 0.27
- Min
- 0.00
Largest peers
- BA
- 8.29
- DE
- 3.76
- CAT
- 2.31
- GE
- 1.17
- ETN
- 1.10
- RTX
- 0.57
- GEV
- 0.25
Financial Strength at a Glance
| Metric | Current stock: BA | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 1.18 | 2.12 |
| Debt-to-Equity Ratio (MRQ) | 8.29 | 0.62 |
| Net Debt / EBITDA | -- | 2.03 |
Dividends
Dividend Yield (TTM)
Boeing (BA) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.
BA
Capital Goods industry group
0.00%
Group distribution
- Max
- 2.69%
- Q3
- 1.09%
- Median
- 0.20%
- BA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- RTX
- 1.51%
- DE
- 1.12%
- ETN
- 1.12%
- CAT
- 0.72%
- GE
- 0.56%
- GEV
- 0.21%
- BA
- 0.00%
Dividend Payout Ratio (TTM)
Boeing (BA) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.
BA
Capital Goods industry group
0.00%
Group distribution
- Max
- 72.02%
- Q3
- 29.49%
- Median
- 6.03%
- BA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- RTX
- 51.03%
- ETN
- 41.29%
- DE
- 36.71%
- CAT
- 29.58%
- GE
- 19.25%
- GEV
- 5.11%
- BA
- 0.00%
Dividends at a Glance
| Metric | Current stock: BA | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.20% |
| Dividend Payout Ratio (TTM) | 0.00% | 6.03% |