Projected Income Statement: Boeing

Forecast Balance Sheet: Boeing

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 41,858 39,781 36,342 27,582 24,698 22,413 16,532 6,487
Change - -4.96% -8.64% -24.1% -10.46% -9.25% -26.24% -60.76%
Announcement Date 1/26/22 1/25/23 1/31/24 1/28/25 1/27/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Boeing

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 980 1,222 1,527 2,230 2,942 3,982 4,061 3,542
Change - 24.69% 24.96% 46.04% 31.93% 35.36% 1.97% -12.77%
Free Cash Flow (FCF) 1 -4,396 2,290 4,433 -14,310 -1,877 2,231 5,873 9,768
Change - 152.09% 93.58% -422.81% 86.88% 218.88% 163.2% 66.32%
Announcement Date 1/26/22 1/25/23 1/31/24 1/28/25 1/27/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Boeing

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) -1.22% -2.35% 1.4% -13.34% 6.97% 4.42% 7.3% 9.7%
EBIT Margin (%) -4.66% -5.33% -0.99% -16.1% 4.79% 2.07% 5.29% 7.92%
EBT Margin (%) -8.08% -7.54% -2.58% -18.36% 2.95% 0.39% 4.08% 6.92%
Net margin (%) -6.75% -7.41% -2.86% -17.77% 2.11% -0.15% 3.32% 5.86%
FCF margin (%) -7.06% 3.44% 5.7% -21.51% -2.1% 2.28% 5.21% 7.92%
FCF / Net Income (%) 104.62% -46.4% -199.5% 121.1% -99.31% -1,478.97% 157.01% 135.08%

Profitability

        
ROA -2.89% -3.58% -1.62% -2.89% 1.16% 0.24% 1.58% 4.02%
ROE - - - - - -11.18% 31.63% 46.18%

Financial Health

        
Leverage (Debt/EBITDA) -55.22x -25.37x 33.4x -3.11x 3.96x 5.18x 2.01x 0.54x
Debt / Free cash flow -9.52x 17.37x 8.2x -1.93x -13.16x 10.04x 2.81x 0.66x

Capital Intensity

        
CAPEX / Current Assets (%) 1.57% 1.83% 1.96% 3.35% 3.29% 4.07% 3.61% 2.87%
CAPEX / EBITDA (%) -129.29% -77.93% 140.35% -25.14% 47.19% 92.01% 49.36% 29.6%
CAPEX / FCF (%) -22.29% 53.36% 34.45% -15.58% -156.74% 178.47% 69.14% 36.26%

Items per share

        
Cash flow per share 1 -5.81 5.864 9.833 -18.66 1.397 8.6 12.59 16.63
Change - 200.94% 67.69% -289.81% 107.49% 515.54% 46.36% 32.14%
Dividend per Share 1 - - - - - - 0.3286 0.9143
Change - - - - - - - 178.26%
Book Value Per Share 1 -25.47 -26.97 -28.45 -6.038 7.176 9.316 14.4 22.49
Change - -5.89% -5.49% 78.78% 218.85% 29.82% 54.6% 56.15%
EPS 1 -7.15 -8.3 -3.67 -18.36 2.48 -0.2714 4.828 9.07
Change - -16.08% 55.78% -400.27% 113.51% -110.94% 1,878.85% 87.87%
Nbr of stocks (in thousands) 587,699 595,983 604,977 748,176 760,095 790,370 790,370 790,370
Announcement Date 1/26/22 1/25/23 1/31/24 1/28/25 1/27/26 - - -
1USD
Estimates
2026 *2027 *
P/E -713x 40.1x
PBR 20.8x 13.4x
EV / Sales 1.79x 1.51x
Yield - 0.17%

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
-
ESG MSCI
BB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
28
Last Close Price
193.56USD
Average target price
273.42USD
Spread / Average Target
+41.26%

Quarterly revenue - Rate of surprise