# The Boeing Company (BA) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Industrials / Aerospace & Defense. Price $173.31, market value $137.3 billion.

## Valuation
- **P/E (trailing): 17.9×** (5-yr avg 87.5×, 3-yr avg 87.5×). The Boeing Company trades at 17.9× trailing earnings, well below its own five-year average of 87.5×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 80.1×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 0.71**. A PEG of 0.71 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.4×**. Each dollar of revenue is priced at 1.4×.
- **Price / book: 21.0×**. The shares trade at 21.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 15.7×**. Enterprise value is 15.7× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 0.0%** (5-yr avg -2.5%). Free cash flow equals 0.0% of the market value, above its five-year average of -2.5%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 5.6%**. The inverse of the P/E: 5.6% of the price is earned each year.

## Profitability
- **Gross margin: 9.4%**. The Boeing Company keeps 9.4% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 10.3%**. 10.3% of revenue is left after running the business.
- **Net margin: 2.5%**. 2.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 41.0%**. 41.0% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 13.5%**. Return on all capital, debt included, is 13.5%.
- **Return on assets: 4.6%**. Each dollar of assets produces 4.6% of profit.

## Growth
- **Revenue growth (1 yr): 34.5%** (3-yr 10.3%/yr, 5-yr 9.0%/yr). Revenue grew 34.5% over the last year, against 9.0% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 113.5%**. Earnings per share rose 113.5%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 11.42**. Debt is 11.42 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 4.3×**. It would take 4.3 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Current ratio: 1.19** (quick 1.19). Current assets cover the next year's liabilities 1.19 times.
- **Altman Z-score: 1.31**. A Z-score of 1.31 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. The Boeing Company does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (26 analysts). 26 analysts cover The Boeing Company; the consensus is strong_buy, with an average price target of $237.42 (+37% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -12.7%** (YTD -19.2%, 3-mo -24.9%). The shares are down 12.7% over twelve months including dividends.
- **From 52-week high: -31.9%** (5.0% above the low). Trading 32% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 38**. An RSI of 38 is neutral.
- **Beta (1 yr): 1.17** (volatility 35%). Beta of 1.17 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BA · Page: https://foliofundamentals.com/stocks/ba

Not investment advice.
