Financials Boeing

Equities

BA

US0970231058

Aerospace & Defense

Market Closed - Nyse 04:00:02 2024-04-12 pm EDT After market 07:57:37 pm
169.6 USD -2.20% Intraday chart for Boeing 169.6 +0.06%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 183,335 120,843 118,316 113,529 157,693 103,448 - -
Enterprise Value (EV) 1 201,152 158,836 160,174 153,310 194,035 138,957 131,997 125,728
P/E ratio -291 x -10.3 x -28.2 x -23 x -71 x 60.1 x 21 x 14.9 x
Yield 2.52% - - - - 0% 0.41% 1.54%
Capitalization / Revenue 2.39 x 2.08 x 1.9 x 1.7 x 2.03 x 1.21 x 1.06 x 0.96 x
EV / Revenue 2.63 x 2.73 x 2.57 x 2.3 x 2.49 x 1.63 x 1.36 x 1.17 x
EV / EBITDA 680 x -15.1 x -211 x -97.8 x 178 x 29.7 x 14.2 x 10.7 x
EV / FCF -51 x -8.06 x -36.4 x 66.9 x 43.8 x 53.6 x 18.4 x 13.1 x
FCF Yield -1.96% -12.4% -2.74% 1.49% 2.28% 1.87% 5.43% 7.63%
Price to Book -21.3 x -6.81 x -7.9 x -7.06 x - -7.31 x -10.7 x -34.6 x
Nbr of stocks (in thousands) 562,791 564,530 587,699 595,983 604,977 610,135 - -
Reference price 2 325.8 214.1 201.3 190.5 260.7 169.6 169.6 169.6
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
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 85,462 97,350 107,483
EBITDA 1 296 -10,521 -758 -1,568 1,088 4,683 9,328 11,737
EBIT 1 -1,975 -12,767 -2,902 -3,547 -773 3,266 7,299 9,499
Operating Margin -2.58% -21.95% -4.66% -5.33% -0.99% 3.82% 7.5% 8.84%
Earnings before Tax (EBT) 1 -2,259 -14,476 -5,033 -5,022 -2,005 1,636 6,059 8,461
Net income 1 -636 -11,873 -4,202 -4,935 -2,222 1,507 5,091 7,313
Net margin -0.83% -20.42% -6.75% -7.41% -2.86% 1.76% 5.23% 6.8%
EPS 2 -1.120 -20.88 -7.150 -8.300 -3.670 2.821 8.080 11.38
Free Cash Flow 1 -3,946 -19,713 -4,396 2,290 4,433 2,593 7,171 9,592
FCF margin -5.15% -33.9% -7.06% 3.44% 5.7% 3.03% 7.37% 8.92%
FCF Conversion (EBITDA) - - - - 407.44% 55.37% 76.88% 81.72%
FCF Conversion (Net income) - - - - - 172.07% 140.86% 131.15%
Dividend per Share 2 8.220 - - - - 0.000910 0.7005 2.619
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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
Net sales 1 15,278 14,793 13,991 16,681 15,956 19,980 17,921 19,751 18,104 22,018 17,740 20,523 22,199 24,449 22,969
EBITDA 1 852 -3,637 -683 1,272 -2,306 149 308 357 -341 764 74.2 1,113 1,503 1,917 2,288
EBIT 1 329 -4,171 -1,169 774 -2,799 -353 -149 -99 -808 283 -308.7 616.4 1,016 1,480 1,876
Operating Margin 2.15% -28.2% -8.36% 4.64% -17.54% -1.77% -0.83% -0.5% -4.46% 1.29% -1.74% 3% 4.58% 6.05% 8.17%
Earnings before Tax (EBT) 1 -310 -4,700 -1,618 377 -3,132 -649 -496 -400 -1,100 -9 -580.8 174 719 1,025 1,445
Net income 1 -109 -4,143 -1,219 193 -3,275 -634 -414 -149 -1,636 -23 -497 153.6 556.3 895.2 1,070
Net margin -0.71% -28.01% -8.71% 1.16% -20.53% -3.17% -2.31% -0.75% -9.04% -0.1% -2.8% 0.75% 2.51% 3.66% 4.66%
EPS 2 -0.1900 -7.020 -2.060 0.3200 -5.490 -1.060 -0.6900 -0.2500 -2.700 -0.0400 -0.7201 0.4440 0.9620 1.554 1.433
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 10/27/21 1/26/22 4/27/22 7/27/22 10/26/22 1/25/23 4/26/23 7/26/23 10/25/23 1/31/24 - - - - -
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 35,509 28,549 22,280
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 60.19 x -3.611 x -55.22 x -25.37 x 33.4 x 7.583 x 3.061 x 1.898 x
Free Cash Flow 1 -3,946 -19,713 -4,396 2,290 4,433 2,593 7,171 9,592
ROE (net income / shareholders' equity) 47.5% - - - - 7.3% - -
ROA (Net income/ Total Assets) -1.57% -8.31% -2.89% -3.58% -1.62% 0.14% 4.48% 6.97%
Assets 1 40,636 142,881 145,343 137,811 137,059 1,045,025 113,701 104,944
Book Value Per Share 2 -15.30 -31.50 -25.50 -27.00 - -23.20 -15.80 -4.900
Cash Flow per Share 2 -4.320 -32.40 -5.810 5.860 9.830 5.150 12.60 19.00
Capex 1 1,500 1,303 980 1,222 1,527 1,681 1,865 2,052
Capex / Sales 1.96% 2.24% 1.57% 1.83% 1.96% 1.97% 1.92% 1.91%
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
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
BUY
Number of Analysts
29
Last Close Price
169.6 USD
Average target price
237.6 USD
Spread / Average Target
+40.13%
Consensus