Stock Analysis on Net

Boeing Co. (NYSE:BA)

Common-Size Income Statement
Quarterly Data

Boeing Co., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Sales of products 80.08 85.93 83.19 84.49 83.22 85.72 83.55 83.98 81.67 82.21 82.16 83.27 82.26 81.59 80.64 76.76 83.93 86.99 86.06 83.13 88.25
Sales of services 19.92 14.07 16.81 15.51 16.78 14.28 16.45 16.02 18.33 17.79 17.84 16.73 17.74 18.41 19.36 23.24 16.07 13.01 13.94 16.87 11.75
Revenues 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of products -72.81 -75.96 -79.89 -76.57 -75.63 -78.74 -91.13 -73.64 -81.57 -99.97 -73.77 -72.14 -76.44 -121.32 -77.16 -87.90 -87.02 -90.97 -73.44 -99.50 -70.86
Cost of services -15.87 -11.79 -13.67 -13.61 -13.64 -11.93 -13.98 -13.60 -15.91 -16.98 -14.98 -13.63 -14.24 -15.78 -15.45 -21.93 -12.08 -13.41 -11.22 -13.47 -10.42
Cost of products and services -88.68% -87.75% -93.56% -90.18% -89.27% -90.67% -105.11% -87.24% -97.48% -116.95% -88.75% -85.77% -90.68% -137.10% -92.62% -109.82% -99.10% -104.38% -84.66% -112.97% -81.28%
Boeing Capital interest expense 0.00 0.00 0.00 0.00 0.00 -0.04 -0.04 -0.04 -0.05 -0.05 -0.05 -0.05 -0.06 -0.07 -0.07 -0.09 -0.07 -0.07 -0.08 -0.10 -0.08
Costs and expenses -88.68% -87.75% -93.56% -90.18% -89.27% -90.71% -105.15% -87.28% -97.53% -116.99% -88.79% -85.82% -90.74% -137.17% -92.69% -109.92% -99.17% -104.45% -84.73% -113.07% -81.36%
Gross profit (loss) 11.32% 12.25% 6.44% 9.82% 10.73% 9.29% -5.15% 12.72% 2.47% -16.99% 11.21% 14.18% 9.26% -37.17% 7.31% -9.92% 0.83% -4.45% 15.27% -13.07% 18.64%
Income (loss) from operating investments, net 0.40 0.00 0.15 0.22 -0.15 0.06 -0.15 0.10 -0.14 0.10 0.79 0.22 0.24 0.46 -0.10 -0.38 -0.01 -0.01 -0.04 -0.10 0.09
General and administrative expense -7.01 -6.97 -5.76 -6.51 -7.28 -7.16 -7.68 -4.00 -6.17 -6.68 -7.18 -6.12 -6.78 -11.94 -6.75 -9.83 -5.16 -5.87 -5.01 -4.27 -5.17
Research and development expense, net -5.24 -4.00 -5.29 -4.04 -4.13 -3.97 -4.56 -4.18 -4.52 -4.58 -3.76 -2.92 -3.28 -3.95 -4.06 -5.29 -3.97 -4.18 -3.89 -5.24 -3.78
Gain (loss) on dispositions, net 0.00 0.00 0.00 0.01 0.00 0.02 0.00 0.01 0.01 -0.04 1.11 0.66 0.01 0.01 0.76 0.32 0.32 2.21 -0.02 1.22 0.47
Earnings (loss) from operations -0.52% 1.29% -4.46% -0.50% -0.83% -1.77% -17.54% 4.64% -8.36% -28.20% 2.15% 6.02% -0.55% -52.59% -2.84% -25.10% -8.00% -12.31% 6.30% -21.46% 10.25%
Other income, net 1.67 1.40 1.64 1.62 1.69 1.68 1.80 1.52 1.29 0.89 0.20 1.17 1.25 0.80 0.84 0.80 0.66 0.47 0.53 0.63 0.46
Interest and debt expense -3.43 -2.73 -3.25 -3.14 -3.62 -3.16 -3.89 -3.90 -4.50 -4.47 -4.38 -3.96 -4.46 -4.56 -4.55 -4.68 -1.55 -1.35 -1.02 -0.98 -0.54
Earnings (loss) before income taxes -2.28% -0.04% -6.08% -2.03% -2.77% -3.25% -19.63% 2.26% -11.56% -31.77% -2.03% 3.23% -3.76% -56.36% -6.54% -28.99% -8.89% -13.18% 5.82% -21.80% 10.18%
Income tax (expense) benefit 0.14 -0.10 -2.97 1.27 0.40 -0.07 -1.10 -1.30 2.69 3.62 1.17 0.11 0.07 1.22 3.25 8.71 5.10 7.44 -0.05 3.08 -0.80
Net earnings (loss) -2.14% -0.14% -9.05% -0.75% -2.37% -3.32% -20.73% 0.96% -8.88% -28.15% -0.86% 3.34% -3.69% -55.14% -3.30% -20.28% -3.79% -5.75% 5.77% -18.72% 9.38%
Net loss attributable to noncontrolling interest 0.07 0.03 0.01 0.00 0.06 0.15 0.21 0.20 0.16 0.14 0.15 0.12 0.16 0.12 0.12 0.16 0.08 0.11 0.08 0.04 0.00
Net earnings (loss) attributable to Boeing Shareholders -2.07% -0.10% -9.04% -0.75% -2.31% -3.17% -20.53% 1.16% -8.71% -28.01% -0.71% 3.45% -3.53% -55.02% -3.18% -20.12% -3.71% -5.64% 5.84% -18.68% 9.38%

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Income statement item Description The company
Earnings (loss) from operations The net result for the period of deducting operating expenses from operating revenues. Boeing Co. earnings (loss) from operations as a percentage of revenues increased from Q3 2023 to Q4 2023 but then slightly decreased from Q4 2023 to Q1 2024.
Earnings (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. earnings (loss) before income taxes as a percentage of revenues increased from Q3 2023 to Q4 2023 but then slightly decreased from Q4 2023 to Q1 2024.
Net earnings (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 earnings (loss) attributable to Boeing Shareholders as a percentage of revenues increased from Q3 2023 to Q4 2023 but then slightly decreased from Q4 2023 to Q1 2024.