Financials Boeing

Equities

BA

US0970231058

Aerospace & Defense

Market Closed - Nyse 16:00:02 2024-06-12 EDT After market 17:14:23
182.7 USD -1.53% Intraday chart for Boeing 182.4 -0.12%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 183,335 120,843 118,316 113,529 157,693 113,876 - -
Enterprise Value (EV) 1 201,152 158,836 160,174 153,310 194,035 150,169 143,692 137,408
P/E ratio -291 x -10.3 x -28.2 x -23 x -71 x 303 x 26.4 x 18.3 x
Yield 2.52% - - - - - 0.05% 0.84%
Capitalization / Revenue 2.39 x 2.08 x 1.9 x 1.7 x 2.03 x 1.43 x 1.2 x 1.07 x
EV / Revenue 2.63 x 2.73 x 2.57 x 2.3 x 2.49 x 1.89 x 1.51 x 1.29 x
EV / EBITDA 680 x -15.1 x -211 x -97.8 x 178 x 37.2 x 16 x 12.2 x
EV / FCF -51 x -8.06 x -36.4 x 66.9 x 43.8 x 127 x 24.4 x 16.6 x
FCF Yield -1.96% -12.4% -2.74% 1.49% 2.28% 0.79% 4.1% 6.01%
Price to Book -21.3 x -6.81 x -7.9 x -7.06 x - -7.67 x -10.4 x -19.1 x
Nbr of stocks (in thousands) 562,791 564,530 587,699 595,983 604,977 613,884 - -
Reference price 2 325.8 214.1 201.3 190.5 260.7 185.5 185.5 185.5
Announcement Date 20-01-29 21-01-27 22-01-26 23-01-25 24-01-31 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 76,559 58,158 62,286 66,608 77,794 79,380 95,223 106,218
EBITDA 1 296 -10,521 -758 -1,568 1,088 4,042 8,993 11,229
EBIT 1 -1,975 -12,767 -2,902 -3,547 -773 2,130 6,992 8,893
Operating Margin -2.58% -21.95% -4.66% -5.33% -0.99% 2.68% 7.34% 8.37%
Earnings before Tax (EBT) 1 -2,259 -14,476 -5,033 -5,022 -2,005 706.7 5,560 7,584
Net income 1 -636 -11,873 -4,202 -4,935 -2,222 459.4 4,471 6,353
Net margin -0.83% -20.42% -6.75% -7.41% -2.86% 0.58% 4.69% 5.98%
EPS 2 -1.120 -20.88 -7.150 -8.300 -3.670 0.6113 7.024 10.16
Free Cash Flow 1 -3,946 -19,713 -4,396 2,290 4,433 1,186 5,893 8,263
FCF margin -5.15% -33.9% -7.06% 3.44% 5.7% 1.49% 6.19% 7.78%
FCF Conversion (EBITDA) - - - - 407.44% 29.33% 65.52% 73.59%
FCF Conversion (Net income) - - - - - 258.05% 131.81% 130.06%
Dividend per Share 2 8.220 - - - - - 0.1000 1.556
Announcement Date 20-01-29 21-01-27 22-01-26 23-01-25 24-01-31 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 14,793 13,991 16,681 15,956 19,980 17,921 19,751 18,104 22,018 16,569 18,180 20,794 23,705 21,989 22,876
EBITDA 1 -3,637 -683 1,272 -2,306 149 308 357 -341 764 356 813.5 1,410 1,564 2,308 2,443
EBIT 1 -4,171 -1,169 774 -2,799 -353 -149 -99 -808 283 -86 109.3 859.3 1,185 1,499 1,705
Operating Margin -28.2% -8.36% 4.64% -17.54% -1.77% -0.83% -0.5% -4.46% 1.29% -0.52% 0.6% 4.13% 5% 6.82% 7.45%
Earnings before Tax (EBT) 1 -4,700 -1,618 377 -3,132 -649 -496 -400 -1,100 -9 -378 -339.5 601.9 683.9 1,332 1,512
Net income 1 -4,143 -1,219 193 -3,275 -634 -414 -149 -1,636 -23 -343 -301.6 426.8 568.2 986.4 1,143
Net margin -28.01% -8.71% 1.16% -20.53% -3.17% -2.31% -0.75% -9.04% -0.1% -2.07% -1.66% 2.05% 2.4% 4.49% 5%
EPS 2 -7.020 -2.060 0.3200 -5.490 -1.060 -0.6900 -0.2500 -2.700 -0.0400 -0.5600 -0.5265 0.5891 1.029 1.023 1.361
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 22-01-26 22-04-27 22-07-27 22-10-26 23-01-25 23-04-26 23-07-26 23-10-25 24-01-31 24-04-24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 17,817 37,993 41,858 39,781 36,342 36,294 29,817 23,533
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 60.19 x -3.611 x -55.22 x -25.37 x 33.4 x 8.98 x 3.316 x 2.096 x
Free Cash Flow 1 -3,946 -19,713 -4,396 2,290 4,433 1,186 5,893 8,263
ROE (net income / shareholders' equity) 47.5% - - - - - - -
ROA (Net income/ Total Assets) -1.57% -8.31% -2.89% -3.58% -1.62% 0.03% 4.24% 6.42%
Assets 1 40,636 142,881 145,343 137,811 137,059 1,771,868 105,424 98,912
Book Value Per Share 2 -15.30 -31.50 -25.50 -27.00 - -24.20 -17.90 -9.700
Cash Flow per Share 2 -4.320 -32.40 -5.810 5.860 9.830 4.750 11.90 18.00
Capex 1 1,500 1,303 980 1,222 1,527 1,768 1,945 2,108
Capex / Sales 1.96% 2.24% 1.57% 1.83% 1.96% 2.23% 2.04% 1.99%
Announcement Date 20-01-29 21-01-27 22-01-26 23-01-25 24-01-31 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
28
Last Close Price
185.5 USD
Average target price
220.7 USD
Spread / Average Target
+18.99%
Consensus