(BA) The Boeing - Overview
Sector: Industrials | Industry: Aerospace & Defense | Exchange: NYSE (USA) | Market Cap: 180.687m USD | Total Return: 6.9% in 12m
Industry Rotation: +0.3
Avg Turnover: 1.57B
EPS Trend: 24.4%
Qual. Beats: 0
Rev. Trend: 56.9%
Qual. Beats: 0
Warnings
P/E ratio 91.0
High Debt/EBITDA (5.3) with thin interest coverage (1.9)
High Debt while negative Cash Flow
Tailwinds
No distinct edge detected
The Boeing Company is a global aerospace manufacturer operating through three primary segments: Commercial Airplanes; Defense, Space & Security; and Global Services. The company designs and maintains commercial jetliners, military aircraft, satellite systems, and human space flight technology. Headquartered in Arlington, Virginia, Boeing serves both private sector airlines and government defense agencies worldwide.
The aerospace and defense sector is characterized by high barriers to entry due to intensive capital requirements and complex regulatory certification processes. Boeing’s business model relies on long-term production cycles and a substantial backlog of orders, supplemented by recurring revenue from its global services and maintenance division. Investors may find it useful to examine ValueRay for further data on Boeings market position.
- 737 MAX production rate stabilization remains primary driver for commercial aircraft revenue
- Quality control oversight and FAA regulatory scrutiny impact manufacturing cycle times
- Fixed-price defense contract cost overruns pressure operating margins and cash flow
- Global air travel demand recovery fuels long-term widebody aircraft order backlog
- High interest rates and debt levels increase corporate financing and servicing costs
| Net Income: 2.27b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 7.52 > 1.0 |
| NWC/Revenue: 20.17% < 20% (prev 34.57%; Δ -14.40% < -1%) |
| CFO/TA 0.02 > 3% & CFO 2.50b > Net Income 2.27b |
| Net Debt (37.77b) to EBITDA (7.13b): 5.30 < 3 |
| Current Ratio: 1.18 > 1.5 & < 3 |
| Outstanding Shares: last quarter (818.2m) vs 12m ago 8.60% < -2% |
| Gross Margin: 4.81% > 18% (prev -0.02%; Δ 482.9% > 0.5%) |
| Asset Turnover: 57.39% > 50% (prev 44.38%; Δ 13.01% > 0%) |
| Interest Coverage Ratio: 1.89 > 6 (EBITDA TTM 7.13b / Interest Expense TTM 2.68b) |
| A: 0.11 (Total Current Assets 124.14b - Total Current Liabilities 105.55b) / Total Assets 164.79b |
| B: 0.10 (Retained Earnings 17.16b / Total Assets 164.79b) |
| C: 0.03 (EBIT TTM 5.07b / Avg Total Assets 160.64b) |
| D: 0.08 (Book Value of Equity 11.96b / Total Liabilities 158.80b) |
| Altman-Z'' Score: 1.37 = BB |
| DSRI: 0.80 (Receivables 13.28b/12.44b, Revenue 92.18b/69.44b) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 1.36 (AQ_t 0.15 / AQ_t-1 0.11) |
| SGI: 1.33 (Revenue 92.18b / 69.44b) |
| TATA: -0.00 (NI 2.27b - CFO 2.50b) / TA 164.79b) |
| Beneish M-Score: -2.74 (Cap -4..+1) = A |
Over the past week, the price has changed by -7.11%, over one month by -1.54%, over three months by -9.65% and over the past year by +6.91%.
- StrongBuy: 16
- Buy: 4
- Hold: 9
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 269.5 | 22.2% |
P/E Forward = 909.0909
P/S = 1.9601
P/B = 31.2843
P/EG = 25.7161
Revenue TTM = 92.18b USD
EBIT TTM = 5.07b USD
EBITDA TTM = 7.13b USD
Long Term Debt = 44.35b USD (from longTermDebt, last quarter)
Short Term Debt = 2.85b USD (from shortTermDebt, last quarter)
Debt = 47.21b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 37.77b USD (from netDebt column, last quarter)
Enterprise Value = 206.99b USD (180.69b + Debt 47.21b - CCE 20.91b)
Interest Coverage Ratio = 1.89 (Ebit TTM 5.07b / Interest Expense TTM 2.68b)
EV/FCF = -198.8x (Enterprise Value 206.99b / FCF TTM -1.04b)
FCF Yield = -0.50% (FCF TTM -1.04b / Enterprise Value 206.99b)
FCF Margin = -1.13% (FCF TTM -1.04b / Revenue TTM 92.18b)
Net Margin = 2.46% (Net Income TTM 2.27b / Revenue TTM 92.18b)
Gross Margin = 4.81% ((Revenue TTM 92.18b - Cost of Revenue TTM 87.75b) / Revenue TTM)
Gross Margin QoQ = 11.46% (prev 7.57%)
Tobins Q-Ratio = 1.26 (Enterprise Value 206.99b / Total Assets 164.79b)
Interest Expense / Debt = 1.30% (Interest Expense 616.0m / Debt 47.21b)
Taxrate = 15.07% (397.0m / 2.63b)
NOPAT = 4.31b (EBIT 5.07b * (1 - 15.07%))
Current Ratio = 1.18 (Total Current Assets 124.14b / Total Current Liabilities 105.55b)
Debt / Equity = 7.89 (Debt 47.21b / totalStockholderEquity, last quarter 5.99b)
Debt / EBITDA = 5.30 (Net Debt 37.77b / EBITDA 7.13b)
Debt / FCF = -36.28 (negative FCF - burning cash) (Net Debt 37.77b / FCF TTM -1.04b)
Total Stockholder Equity = -26.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.41% (Net Income 2.27b / Total Assets 164.79b)
RoE = -8.72k% (out of range, set to none) (Net Income TTM 2.27b / Total Stockholder Equity -26.0m)
RoCE = 11.44% (EBIT 5.07b / Capital Employed (Equity -26.0m + L.T.Debt 44.35b))
RoIC = 8.30% (NOPAT 4.31b / Invested Capital 51.90b)
WACC = 8.57% (E(180.69b)/V(227.90b) * Re(10.52%) + D(47.21b)/V(227.90b) * Rd(1.30%) * (1-Tc(0.15)))
Discount Rate = 10.52% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 13.98%
[DCF] Fair Price = unknown (Cash Flow -1.04b)
EPS Correlation: 24.43 | EPS CAGR: 0.44% | SUE: 0.11 | # QB: 0
Revenue Correlation: 56.85 | Revenue CAGR: 7.94% | SUE: 0.53 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.24 | Chg30d=-62.72% | Revisions=-30% | Analysts=20
EPS next Quarter (2026-09-30): EPS=-0.03 | Chg30d=-140.45% | Revisions=-37% | Analysts=20
EPS current Year (2026-12-31): EPS=-0.38 | Chg30d=-255.24% | Revisions=-14% | GrowthEPS=-132.2% | GrowthRev=+9.1%
EPS next Year (2027-12-31): EPS=4.29 | Chg30d=-6.57% | Revisions=-24% | GrowthEPS=+1218.8% | GrowthRev=+14.9%
[Analyst] Revisions Ratio: -37%