Boeing (BA) Stock Analysis

July 23, 2026

This is a peer-relative look at Boeing (BA): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Capital Goods peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Boeing (BA)
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	161.44 billion USD
Currency	USD
Exchange	NYSE
Listing Date	January 2, 1962
Security Type	Common Stock

Price Performance

Cumulative Growth

GSPC

Boeing (BA) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Boeing (BA) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Boeing (BA) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Boeing (BA) metric values compared with Capital Goods industry-group medians
Metric	Current stock: BA	Industry group median
Total Return (1Y)	-10.69%	20.73%
Total Return (3Y, Annualized)	-1.11%	16.65%
Total Return (5Y, Annualized)	-1.65%	10.84%

Risk Profile

Drawdown History

GSPC

Boeing (BA) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Boeing (BA) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Boeing (BA) metric values compared with Capital Goods industry-group medians
Metric	Current stock: BA	Industry group median
Volatility (1Y, Annualized)	32.32%	42.81%
Beta (5Y)	1.22	1.20
Max Drawdown (5Y)	-51.62%	-48.46%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. BA is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Boeing (BA) metric values compared with Capital Goods industry-group medians
Metric	Current stock: BA	Industry group median
Sharpe Ratio (1Y)	-0.46	0.38
Sortino Ratio (1Y)	-0.68	0.58

Profitability

ROE (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: 42.07%
Q3: 19.97%
Median: 11.35%
Q1: 3.35%
Min: -19.79%

Largest peers

BA: 169.95%
GEV: 75.71%
CAT: 51.33%
GE: 48.23%
ETN: 20.85%
DE: 18.35%
RTX: 11.57%

Where Boeing (BA) stands on ROE within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Net 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: 11.54%
Median: 5.80%
BA: 2.46%
Q1: 0.73%
Min: -13.94%

Largest peers

GEV: 23.81%
GE: 17.72%
ETN: 13.99%
CAT: 13.33%
DE: 10.10%
RTX: 8.03%
BA: 2.46%

Where Boeing (BA) stands on net margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Operating 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: 16.03%
Median: 8.69%
Q1: 1.95%
BA: 1.72%
Min: -17.50%

Largest peers

GE: 20.57%
CAT: 18.18%
DE: 17.48%
ETN: 16.11%
RTX: 13.18%
GEV: 5.46%
BA: 1.72%

Where Boeing (BA) stands on operating margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Boeing (BA) metric values compared with Capital Goods industry-group medians
Metric	Current stock: BA	Industry group median
ROE (TTM)	169.95%	11.35%
ROA (TTM)	-2.07%	5.15%
Net Margin (TTM)	2.46%	5.80%
Operating Margin (TTM)	1.72%	8.69%
Gross Margin (TTM)	4.83%	29.71%

Growth

Revenue Growth

Boeing (BA) grew revenue 34.50%, in the upper peer quartile. The top line is expanding faster than at most industry peers, which points to share gains or stronger pricing.

Boeing (BA): Revenue Growth across different time periods, set against Capital Goods industry-group medians.

EPS Growth

No usable EPS growth is available for Boeing (BA) this period, so the earnings-momentum read is skipped.

Boeing (BA) doesn't report EPS Growth this period; the bars show the Capital Goods industry-group medians on their own.

Growth Metrics

Boeing (BA) metric values compared with Capital Goods industry-group medians
Metric	Current stock: BA	Industry group median
Revenue Growth (YoY)	34.50%	8.06%
Revenue Growth (3Y CAGR)	10.33%	6.41%
EPS Growth (YoY)	--	4.71%
EPS Growth (3Y CAGR)	--	5.63%

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: 2.97
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: 0.98
GEV: 0.89

Where Boeing (BA) stands on current ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (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: 2.31
Q3: 1.10
Median: 0.63
Q1: 0.28
Min: 0.00

Largest peers

BA: 8.29
DE: 3.76
CAT: 2.31
GE: 1.13
ETN: 1.10
RTX: 0.57
GEV: 0.25

Where Boeing (BA) stands on debt-to-equity ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Boeing (BA) metric values compared with Capital Goods industry-group medians
Metric	Current stock: BA	Industry group median
Current Ratio (MRQ)	1.18	2.12
Debt / Equity (MRQ)	8.29	0.63
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: 2.64%
Q3: 1.06%
Median: 0.14%
BA: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

RTX: 1.40%
DE: 1.11%
ETN: 1.05%
CAT: 0.70%
GE: 0.49%
GEV: 0.14%
BA: 0.00%

Where Boeing (BA) stands on dividend yield within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

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: 29.57%
Median: 6.31%
BA: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

RTX: 51.03%
ETN: 41.29%
DE: 36.71%
CAT: 29.58%
GE: 19.58%
GEV: 5.11%
BA: 0.00%

Where Boeing (BA) stands on payout ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Boeing (BA) metric values compared with Capital Goods industry-group medians
Metric	Current stock: BA	Industry group median
Dividend Yield (TTM)	0.00%	0.14%
Dividend Payout Ratio (TTM)	0.00%	6.31%

Valuation

P/E Ratio (TTM)

Boeing (BA) trades at P/E ratio of 82.58, above the peer range for its industry. The market is paying unusually heavily for TTM earnings relative to comparable companies.

BA

Capital Goods industry group

82.58

Group distribution

BA: 82.58
Max: 77.51
Q3: 46.30
Median: 31.73
Q1: 22.49
Min: 1.06

Largest peers

BA: 82.58
CAT: 43.10
GE: 40.32
ETN: 39.20
RTX: 36.47
DE: 33.21
GEV: 31.54

Where Boeing (BA) stands on P/E ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Boeing (BA) trades at 1.75 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

1.75

Group distribution

Max: 9.90
Q3: 4.82
Median: 2.65
BA: 1.75
Q1: 1.27
Min: 0.05

Largest peers

GEV: 7.36
GE: 6.98
CAT: 5.79
ETN: 5.49
DE: 3.35
RTX: 2.89
BA: 1.75

Where Boeing (BA) stands on P/S ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Boeing (BA) trades at 26.98 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

26.98

Group distribution

BA: 26.98
Max: 12.69
Q3: 6.34
Median: 3.69
Q1: 2.01
Min: -4.34

Largest peers

BA: 26.98
CAT: 21.97
GEV: 20.82
GE: 19.69
ETN: 7.93
DE: 5.78
RTX: 3.94

Where Boeing (BA) stands on P/B ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Boeing (BA) metric values compared with Capital Goods industry-group medians
Metric	Current stock: BA	Industry group median
P/E Ratio (TTM)	82.58	31.73
P/S Ratio (TTM)	1.75	2.65
P/B Ratio (MRQ)	26.98	3.69
Free Cash Flow Yield (TTM)	1.58%	2.18%