Boeing Company (The)(BA) - Stock detail

Boeing Company (The)

US
BA
The Boeing Company(Listing date: 09/05/1934)

The Boeing Company was originally incorporated in the state of Washington in 1916 and in Delaware in 1934. The company is a global market leader in the design, development, manufacture, sale, service and support of commercial jetliners, military aircraft, satellites, missile defense, human spaceflight, and launch systems and services. It is one of the two manufacturers of commercial aircraft with more than 100 seats in the global commercial aviation industry and one of the largest defense contractors in the United States.

AI Value AnalystSell
Overall Rating2/10
Generated at:2026-04-17 17:42:35
Analysis based on 5 financial reports covering periods: 2025-12-31, 2025-09-30, 2025-06-30, 2025-03-31, and 2024-12-31. Current price data as of 2026-04-17 close. 60-day trading range data provided. All financial metrics derived from company's reported financial statements.
Overview

Boeing Company (BA) is a leading global aerospace and defense corporation operating through Commercial Airplanes, Defense, Space & Security, and Global Services segments. The fundamental analysis reveals a company with significant financial strain, volatile profitability showing a dramatic year-over-year recovery, and extreme overvaluation based on traditional metrics. The combination of a highly leveraged balance sheet, inconsistent profitability, and unsustainable valuation multiples creates an unfavorable risk-reward profile.

Valuation
1/10
Profitability
3/10
Financial health
2/10
Operation Advice
  • Based on fundamental analysis, Boeing appears overvalued with a current price of $223.38 exceeding the calculated fundamental valuation range of approximately $112 to $149 per share.
  • The recommendation is to sell the stock.
  • Investors should wait for a significant contraction in valuation multiples (P/E of 81.53 and P/B of 33.41) or substantial improvement in financial health and sustained profitability before considering a position.
  • The stock trades towards the upper half of its recent 60-day range ($189.28 to $254.35), providing limited upside potential relative to fundamental risks.

Valuation

P/E TTM
81.53
P/E LYR
79.59
P/B MRQ
33.41
P/S TTM
--
AI Analysis
  • Boeing appears significantly overvalued based on traditional metrics, with an exceptionally high P/E of 81.53 and extreme P/B of 33.41. The current price of $223.38 exceeds a reasonable fundamental valuation range of $112-$149 per share derived from P/S analysis, indicating the stock price is disconnected from the company's present financial reality.
  • Current Price: $223.38 (as of 2026-04-17 close)
  • P/E (TTM): 81.53 - exceptionally high valuation multiple, far above market and industrial averages
  • P/B: 33.41 - extreme multiple resulting from minimal shareholder equity due to high leverage
  • P/S (TTM): 1.96 - more reasonable multiple reflecting valuation relative to substantial revenue base
  • Stock has traded between $189.28 (2026-03-27) and $254.35 (2026-01-27) over 60 days
  • The stock appears overvalued on a fundamental basis relative to current earnings and book value
  • A reasonable fundamental target price would require significant contraction of valuation multiples
  • P/S-based approach suggests fundamental valuation range of approximately $112 to $149 per share
  • At $223.38, the stock is trading above this calculated fundamental range, indicating overvaluation
Valuation trend

Profitability

ROE TTM
289.13%
Net margin
2.50%
Gross margin
4.79%
Total revenue
89.46B
AI Analysis
  • Profitability shows dramatic year-over-year recovery with net profit of $2.23B (118.91% increase) and revenue growth of 34.50% to $89.46B, but margins remain low and quarterly performance inconsistent. Return metrics are distorted by financial structure, with ROE of 289.13% being a mathematical artifact and ROA of 1.38% indicating inefficient asset use.
  • For fiscal year ending 2025-12-31, Boeing reported net profit of $2.23B, a massive 118.91% increase from previous year
  • Revenue grew 34.50% to $89.46B
  • Gross margin improved to 4.79% from -2.99%
  • Net margin was 2.50%
  • Return on Equity (ROE) of 289.13% is astronomically high but is a mathematical artifact of very small equity base
  • Return on Assets (ROA) of 1.38% is more meaningful but remains very low, indicating inefficient use of assets
  • Quarterly data shows inconsistent profitability with losses in Q1-Q3 of 2025
  • Full-year profit may be driven by specific, potentially non-recurring items or a strong Q4
  • The path to sustained profitability remains uncertain
Profitability
2024Q42025Q12025Q22025Q32025Q4
ROE TTM--1.02%17.99%98.45%289.13%
Earnings
2024Q42025Q12025Q22025Q32025Q4
Total revenue66.52B19.50B42.24B65.52B89.46B

Financial health

Debt/Asset
96.76%
Current ratio
1.19
Quick ratio
0.40
Cash ratio
0.40
AI Analysis
  • Boeing's financial health shows significant strain with weak liquidity and extreme leverage. The current ratio of 1.19 indicates barely sufficient short-term coverage, while the quick ratio of 0.40 is critically low. The debt-to-assets ratio of 96.76% leaves minimal equity cushion, creating substantial financial risk.
  • Current ratio of 1.19 indicates barely sufficient short-term assets to cover short-term liabilities
  • Quick ratio of 0.40 is critically low, suggesting heavy reliance on inventory and less liquid assets
  • Debt-to-assets ratio of 96.76% is extremely high, indicating nearly all assets are financed by debt
  • Minimal equity cushion poses substantial financial risk in capital-intensive aerospace industry
  • Balance sheet is highly leveraged and exhibits weak liquidity
  • Financial structure is risky, making company vulnerable to economic downturns, rising interest rates, or operational setbacks
Leverage
2024Q42025Q12025Q22025Q32025Q4
Debt/Asset102.50%102.12%102.12%105.50%96.76%
Liquidity
2024Q42025Q12025Q22025Q32025Q4
Current ratio1.321.231.231.181.19