Boeing Company
Exchange: NYSESector: IndustrialsIndustry: Aerospace & Defense
A leading global aerospace company and top U.S. exporter, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. Our U.S. and global workforce and supplier base drive innovation, economic opportunity, sustainability and community impact. Boeing is committed to fostering a culture based on our core values of safety, quality and integrity. Contact Boeing Media Relations [email protected] SOURCE Boeing
Did you know?
Price sits at 61% of its 52-week range.
Current Price
$208.22
+0.43%GoodMoat Value
$104.34
49.9% overvaluedProfile
Valuation (TTM)
Market Cap$158.27B
P/E83.74
EV$175.51B
P/B29.02
Shares Out760.10M
P/Sales1.77
Revenue$89.46B
EV/EBITDA24.87
Boeing Company (BA) Stock Analysis
GoodMoat Analysis
Boeing's analysis reveals a significant disconnect between its current market valuation and its underlying business fundamentals. While it possesses certain durable competitive advantages, its financial quality is currently weak and its stock price appears deeply overvalued according to the GoodMoat framework.
Read full analysis
Boeing is a leading global aerospace and defense company, manufacturing commercial jetliners, defense systems, and providing related services. Applying the GoodMoat Moat Identification framework, Boeing scores well on several criteria, indicating a potentially durable moat. It benefits from high regulatory barriers and strategic partnerships due to the duopoly in large commercial aircraft with Airbus, massive scale privilege in manufacturing, and significant switching costs and niche dominance in defense and space. However, the company currently fails the Quality Indicators gate. Key metrics are unfavourable: an operating margin of -6.0%, a negative Free Cash Flow Yield of -1.2%, and an extremely high Debt/Equity ratio of 9.9, which indicates a leveraged balance sheet far from the desired net cash position. The P/E of 80.3 and negative FCF make traditional valuation metrics challenging, but the GoodMoat Target price of $104.34 suggests the current price of $199.61 represents a significant premium. Following the Decision Framework, while Boeing's moat may allow it to proceed past Step 1, its weak quality indicators and the severe valuation disconnect—trading nearly double the estimated fair value—place it in an 'unfavourable' category for a value investor seeking a margin of safety. The presence of high-confidence red flags like margin compression and extreme valuation relative to the target price further supports this conclusion. It is a complex situation where strong competitive positioning is currently overshadowed by operational and financial distress, making it an unattractive candidate for a traditional value investment at this price.
Market Cap$158.27B
Current Price$208.22
P/E Ratio83.74
Forward P/E—
PEG Ratio-0.28
EPS$2.48
Book Value$7.18
P/B Ratio29.02
BA Financial Charts
FCF vs CAPEX
FCFCAPEX
Cash vs Debt
Net Debt: 43.2B
Revenue
76.6B
FY19
58.2B
FY20
62.3B
FY21
66.6B
FY22
77.8B
FY23
66.5B
FY24
89.5B
FY25
Net Income
—
FY19
—
FY20
—
FY21
—
FY22
—
FY23
—
FY24
2.2B
FY25
BA 52-Week Range
$138.86
$252.15
50-Day MA: $224.18200-Day MA: $218.62
Did you know?
Trading 50% above its estimated fair value of $104.34.
Boeing Company (BA) Financial Summary
Boeing Company (BA) is a Industrials company in the Aerospace & Defense industry, listed on NYSE. The stock currently trades at $208.22 with a market capitalization of $158.27B.
Key valuation metrics include a P/E ratio of 83.74, price-to-book ratio of 29.02, and EPS of $2.48. The company reports a profit margin of 2.5% and return on equity of 41.0%.
BA Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $158.27B |
| P/E Ratio | 83.74 |
| EPS | $2.48 |
| P/B Ratio | 29.02 |
| P/S Ratio | 1.77 |
| EV/EBITDA | 24.87 |
| Profit Margin | 2.5% |
| Return on Equity | 41.0% |
| Debt/Equity | 9.92 |
BA Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $76.56B | $-636.00M |
| FY20 | $58.16B | $-11.87B |
| FY21 | $62.29B | $-4.20B |
| FY22 | $66.61B | $-4.93B |
| FY23 | $77.79B | $-2.22B |
| FY24 | $66.52B | $-11.82B |
| FY25 | $89.46B | $2.23B |
Boeing Company (BA) Valuation
Based on GoodMoat's DCF model, Boeing Company has a fair value estimate of $104.34. At the current price of $208.22, the stock appears 99.6% overvalued relative to our intrinsic value estimate.
BA Quality Indicators
Boeing Company maintains a profit margin of 2.5% and an operating margin of -6.0%. Return on equity stands at 41.0%. The current ratio is 1.19. Debt-to-equity ratio is 9.92.
About Boeing Company
A leading global aerospace company and top U.S. exporter, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. Our U.S. and global workforce and supplier base drive innovation, economic opportunity, sustainability and community impact. Boeing is committed to fostering a culture based on our core values of safety, quality and integrity. Contact Boeing Media Relations [email protected] SOURCE Boeing
BA Free Cash Flow
Boeing Company generated $-1.79B in trailing twelve-month free cash flow, representing an FCF yield of -1.13%. This low FCF yield may reflect heavy reinvestment or growth spending.
BA Shares Outstanding
Boeing Company has 0.76 billion shares outstanding at a share price of $208.22, giving it a market capitalization of $158.27B.
BA Recent Insider Trades
Recent insider transactions at Boeing Company include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| Buckley Mortimer J | BUY | 2,230 | $499966.00 |
| Amuluru Uma M (EVP and Chief HR Officer) | SELL | 1,503.45 | $351484.06 |
| Schmidt Ann M (SVP, Chief Com & Brand Officer) | SELL | 6,281 | $1.53M |