About Boeing Company (The)
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through three segments: Commercial Airplanes; Defense, Space & Security; and Global Services. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for passenger and cargo requirements. The Defense, Space & Security segment engages in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems; strategic defense and intelligence systems, which include strategic missile and defense systems, command, control, communications, computers, intelligence, surveillance and reconnaissance, cyber and information solutions, and intelligence systems; and satellite systems, such as government and commercial satellites, and space exploration. The Global Services segment offers products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services to commercial and defense customers. The Boeing Company was incorporated in 1916 and is based in Arlington, Virginia.
Boeing Company (The) (BA) is a Industrials company in the Aerospace & Defense industry with a market capitalisation of $152.9B. The stock trades at 69.38x trailing earnings.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Market cap
- $152.9B
- P/E ratio
- 69.38
- Forward P/E
- 47.32
- EPS (TTM)
- $2.79
- Revenue (TTM)
- $94B
- Free cash flow
- $5.6B
- Profit margin
- 2.6%
- Beta
- 1.21
- Shares outstanding
- 789.8M
Financial health: Weak3.5/10
2 strengths, 5 concerns. Weakest points: debt to equity, net debt vs cash flow, gross margin and 2 more.
- Debt to equity: 9.87 (Concern, benchmark < 0.5) — Debt of 9.87x equity is high against the 0.5x benchmark. It has deteriorated over the last 4 years.
- Net debt vs cash flow: — (Concern, benchmark < 4 years) — Carries $24.4B of net debt while free cash flow is negative, so the debt is not being repaid from the business.
- Current ratio: 1.19 (Watch, benchmark > 1.5) — Short-term assets cover 1.19x short-term liabilities, against Graham's 1.5x floor. It has been broadly flat over the last 4 years.
- Return on equity: 173.5% (Strong, benchmark > 15%) — Earns 173.5% on shareholder equity, comfortably past the > 15% mark.
- Gross margin: 4.7% (Concern, benchmark > 40%) — Keeps 4.7% of revenue after the direct cost of sales, well short of the > 40% mark.
- Net margin: 2.6% (Concern, benchmark > 10%) — Turns 2.6% of revenue into profit, well short of the > 10% mark.
- Free cash flow: -$1.9B (Concern, benchmark positive) — Burned $1.9B of cash after capital spending, so operations did not fund themselves. It has deteriorated over the last 4 years.
- Revenue growth: 8.0% (Watch, benchmark > 10%) — Revenue changed 8.0% year on year, short of the > 10% mark.
- Earnings growth: 118.9% (Strong, benchmark > 10%) — Earnings changed 118.9% year on year, comfortably past the > 10% mark.
- PEG ratio: 1.49 (Watch, benchmark < 1) — At 1.49, the price looks fair relative to expected growth — Lynch treated 1.0 as fair value.