Stock Analysis on Net
Stock Analysis on Net

Boeing Co. (NYSE:BA)

Common-Size Income Statement

Boeing Co., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Sales of products 84.30 83.91 82.50 81.06 86.33
Sales of services 15.70 16.09 17.50 18.94 13.67
Revenues 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of products -76.95 -81.02 -80.20 -93.83 -82.13
Cost of services -13.12 -13.68 -14.90 -15.87 -11.96
Cost of products and services -90.07% -94.70% -95.10% -109.70% -94.09%
Boeing Capital interest expense 0.00 -0.04 -0.05 -0.07 -0.08
Costs and expenses -90.07% -94.74% -95.16% -109.78% -94.17%
Gross profit (loss) 9.93% 5.26% 4.84% -9.78% 5.83%
Income (loss) from operating investments, net 0.06 -0.02 0.34 0.02 -0.01
General and administrative expense -6.64 -6.29 -6.67 -8.28 -5.11
Research and development expense, net -4.34 -4.28 -3.61 -4.26 -4.20
Gain on dispositions, net 0.00 0.01 0.44 0.35 0.90
Loss from operations -0.99% -5.33% -4.66% -21.95% -2.58%
Other income, net 1.58 1.59 0.88 0.77 0.52
Interest and debt expense -3.16 -3.80 -4.31 -3.71 -0.94
Loss before income taxes -2.58% -7.54% -8.08% -24.89% -3.00%
Income tax (expense) benefit -0.30 -0.05 1.19 4.36 2.12
Net loss -2.88% -7.59% -6.89% -20.53% -0.88%
Net loss attributable to noncontrolling interest 0.03 0.18 0.14 0.12 0.05
Net loss attributable to Boeing Shareholders -2.86% -7.41% -6.75% -20.42% -0.83%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Income statement item Description The company
Loss from operations The net result for the period of deducting operating expenses from operating revenues. Boeing Co. loss from operations as a percentage of revenues decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Loss before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Boeing Co. loss before income taxes as a percentage of revenues increased from 2021 to 2022 and from 2022 to 2023.
Net loss attributable to Boeing Shareholders The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Boeing Co. net loss attributable to Boeing Shareholders as a percentage of revenues decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.