Financials Boeing

Equities

BA

US0970231058

Aerospace & Defense

Real-time Estimate Cboe BZX Other stock markets 03:42:08 2024-12-10 pm EST			5-day change	1st Jan Change
164.44 ^USD	+4.71%		+5.99%	-36.98%

09:39pm	Boeing Resumes 737 Production at Washington Factory; Shares Rise	MT
09:15pm	BOEING CO : UBS reiterates its Buy rating	ZD

Projected Income Statement: Boeing

Fiscal Period: Diciembre	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	76,559	58,158	62,286	66,608	77,794	68,253	86,540	99,550
Change	-	-24.04%	7.1%	6.94%	16.79%	-12.26%	26.79%	15.03%
EBITDA ¹	296	-10,521	-758	-1,568	1,088	-5,571	5,769	9,457
Change	-	-	-92.8%	106.86%	-	-	-	63.92%
EBIT ¹	-1,975	-12,767	-2,902	-3,547	-773	-7,340	3,896	6,987
Change	-	546.43%	-77.27%	22.23%	-78.21%	-849.56%	-	79.34%
Interest Paid ¹	-722	-2,156	-2,682	-2,533	-2,459	-2,764	-2,755	-2,516
Earnings before Tax (EBT) ¹	-2,259	-14,476	-5,033	-5,022	-2,005	-9,059	1,839	5,083
Change	-	540.81%	-65.23%	-0.22%	-60.08%	-351.82%	-	176.32%
Net income ¹	-636	-11,873	-4,202	-4,935	-2,222	-8,766	2,241	4,503
Change	-	1,766.82%	-64.61%	17.44%	-54.97%	-294.52%	-	100.93%
Announcement Date	1/29/20	1/27/21	1/26/22	1/25/23	1/31/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: Dezember	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	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	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	17,911	16,908	11,807	14,139	15,304	15,217	16,998	15,278	14,793	13,991	16,681	15,956	19,980	17,921	19,751	18,104	22,018	16,569	16,866	17,840	17,095	19,765	20,862	22,162	23,785	23,439	24,102	25,011
Change	-	-5.6%	-30.17%	19.75%	8.24%	-0.57%	11.7%	-10.12%	-3.17%	-5.42%	19.23%	-4.35%	25.22%	-10.31%	10.21%	-8.34%	21.62%	-24.75%	1.79%	5.77%	-4.17%	15.62%	5.55%	6.23%	7.33%	-1.45%	2.83%	3.77%
EBITDA ¹	-1,576	-797	-2,417	164	-7,471	453	1,574	852	-3,637	-683	1,272	-2,306	149	308	357	-341	764	356	-649	-5,317	709.9	1,510	1,835	2,050	2,227	2,593	2,417	2,642
Change	-	-49.43%	203.26%	-	-	-	247.46%	-45.87%	-	-81.22%	-	-	-	106.71%	15.91%	-	-	-53.4%	-	719.26%	-	112.66%	21.55%	11.73%	8.62%	16.44%	-6.79%	9.29%
EBIT ¹	-2,204	-1,353	-2,964	-401	-8,049	-83	1,023	329	-4,171	-1,169	774	-2,799	-353	-149	-99	-808	283	-86	-1,090	-5,761	-289.7	575.1	936.5	1,377	1,679	-	-	-
Change	-	-38.61%	119.07%	-86.47%	1,907.23%	-98.97%	-	-67.84%	-	-71.97%	-	-	-87.39%	-57.79%	-33.56%	716.16%	-	-	1,167.44%	428.53%	94.97%	-	62.84%	46.99%	22%	-100%	-	-
Charge d'intérêts ¹	-242	-262	-553	-643	-698	-679	-673	-669	-661	-630	-650	-621	-632	-649	-621	-589	-600	-569	-673	-728	-735.8	-709	-690.2	-678.2	-668.5	-655	-647	-656
Earnings before Tax (EBT) ¹	-2,342	-1,503	-3,423	-925	-8,625	-572	549	-310	-4,700	-1,618	377	-3,132	-649	-496	-400	-1,100	-9	-378	-1,515	-6,224	-1,020	73.7	442.7	877.9	1,078	1,834	1,658	1,899
Change	-	-35.82%	127.74%	-72.98%	832.43%	-93.37%	-	-	1,416.13%	-65.57%	-	-	-79.28%	-23.57%	-19.35%	175%	-99.18%	4,100%	300.79%	310.83%	83.62%	-	500.62%	98.3%	22.78%	70.15%	-9.6%	14.53%
Net income ¹	-1,010	-628	-2,376	-449	-8,420	-537	587	-109	-4,143	-1,219	193	-3,275	-634	-414	-149	-1,636	-23	-343	-1,439	-6,170	-788.8	452.8	430.6	838.6	1,170	1,257	1,221	1,416
Change	-	-37.82%	278.34%	-81.1%	1,775.28%	-93.62%	-	-	3,700.92%	-70.58%	-	-	-80.64%	-34.7%	-64.01%	997.99%	-98.59%	1,391.3%	319.53%	328.77%	87.22%	-	-4.91%	94.76%	39.56%	7.37%	-2.81%	15.95%
Announcement Date	1/29/20	4/29/20	7/29/20	10/28/20	1/27/21	4/28/21	7/28/21	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	4/24/24	7/31/24	10/23/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Boeing

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	17,817	37,993	41,858	39,781	36,342	37,168	41,008	36,215
Change	-	113.24%	10.17%	-4.96%	-8.64%	2.27%	10.33%	-11.69%
Announcement Date	1/29/20	1/27/21	1/26/22	1/25/23	1/31/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Boeing

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	1,500	1,303	980	1,222	1,527	1,884	1,929	2,126
Change	-	-13.13%	-24.79%	24.69%	24.96%	23.39%	2.36%	10.24%
Free Cash Flow (FCF) ¹	-3,946	-19,713	-4,396	2,290	4,433	-14,195	-2,681	5,365
Change	-	399.57%	-77.7%	-152.09%	93.58%	-420.21%	-81.11%	-300.06%
Announcement Date	1/29/20	1/27/21	1/26/22	1/25/23	1/31/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Boeing

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	0.39%	-18.09%	-1.22%	-2.35%	1.4%	-8.16%	6.67%	9.5%
EBIT Margin (%)	-2.58%	-21.95%	-4.66%	-5.33%	-0.99%	-10.75%	4.5%	7.02%
EBT Margin (%)	-2.95%	-24.89%	-8.08%	-7.54%	-2.58%	-13.27%	2.13%	5.11%
Net margin (%)	-0.83%	-20.42%	-6.75%	-7.41%	-2.86%	-12.84%	2.59%	4.52%
FCF margin (%)	-5.15%	-33.9%	-7.06%	3.44%	5.7%	-20.8%	-3.1%	5.39%
FCF / Net Income (%)	620.44%	166.03%	104.62%	-46.4%	-199.5%	161.93%	-119.65%	119.14%
Profitability
ROA	-1.57%	-8.31%	-2.89%	-3.58%	-1.62%	-10.13%	0.24%	3.17%
ROE	47.48%	-	-	-	-	-	127.12%	86.88%
Financial Health
Leverage (Debt/EBITDA)	60.19x	-3.61x	-55.22x	-25.37x	33.4x	-6.67x	7.11x	3.83x
Debt / Free cash flow	-4.52x	-1.93x	-9.52x	17.37x	8.2x	-2.62x	-15.29x	6.75x
Capital Intensity
CAPEX / Current Assets (%)	1.96%	2.24%	1.57%	1.83%	1.96%	2.76%	2.23%	2.14%
CAPEX / EBITDA (%)	506.76%	-12.38%	-129.29%	-77.93%	140.35%	-33.82%	33.43%	22.48%
CAPEX / FCF (%)	-38.01%	-6.61%	-22.29%	53.36%	34.45%	-13.27%	-71.93%	39.64%
Items per share
Cash flow per share ¹	-4.322	-32.36	-5.81	5.864	9.833	-18.47	0.7243	11.84
Change	-	648.61%	-82.04%	-200.94%	67.69%	-287.86%	-103.92%	1,534.8%
Dividend per Share ¹	8.22	-	-	-	-	-	-	0.5634
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-15.31	-31.45	-25.47	-26.97	-28.45	-30.73	-12.1	-10.8
Change	-	105.47%	-19.03%	5.89%	5.49%	8.01%	-60.62%	-10.78%
EPS ¹	-1.12	-20.88	-7.15	-8.3	-3.67	-13.99	2.443	6.258
Change	-	1,764.29%	-65.76%	16.08%	-55.78%	281.31%	-117.45%	156.18%
Nbr of stocks (in thousands)	562,791	564,530	587,699	595,983	604,977	747,171	747,171	747,171
Announcement Date	1/29/20	1/27/21	1/26/22	1/25/23	1/31/24	-	-	-