Stock Analysis on Net
Stock Analysis on Net

Boeing Co. (NYSE:BA)

Common-Size Balance Sheet: Assets
Quarterly Data

Boeing Co., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Jun 30, 2026 Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 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
Cash and cash equivalents 4.36 5.73 6.49 4.11 4.57 6.48 8.83 7.23 7.63 5.14 9.26 5.07 5.38 7.93 10.66 9.81 7.45 5.46 5.81 6.65 5.55 4.70
Short-term and other investments 7.71 6.96 10.98 11.21 10.24 8.65 7.98 0.37 1.21 0.46 2.39 4.89 4.83 2.90 1.90 0.55 1.00 3.59 5.91 6.97 8.78 9.91
Accounts receivable, net 2.12 2.11 1.74 2.21 2.06 2.05 1.68 2.10 2.21 2.20 1.93 2.26 2.19 2.10 1.84 1.94 2.21 1.77 1.91 1.53 1.67 1.57
Unbilled receivables, net 5.82 5.94 5.44 6.02 5.97 5.77 5.35 6.79 6.77 7.19 6.07 6.84 6.94 7.11 6.30 6.77 6.93 6.62 6.22 6.82 6.18 5.86
Current portion of financing receivables, net 0.00 0.00 0.00 0.00 0.01 0.13 0.13 0.33 0.04 0.04 0.07 0.07 0.06 0.10 0.11 0.11 0.12 0.12 0.08 0.05 0.05 0.06
Inventories 53.29 52.93 50.33 54.94 56.64 56.92 55.99 60.53 60.02 62.07 58.20 58.81 58.11 57.58 57.00 58.00 58.99 58.78 56.89 55.77 54.92 55.10
Other current assets, net 1.84 1.66 1.37 1.94 1.65 1.58 1.90 2.12 2.30 2.11 1.83 1.70 2.18 2.10 2.08 2.23 1.54 1.73 1.60 1.81 2.81 2.75
Assets held for sale 0.00 0.00 0.00 0.98 0.94 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Current assets 75.14% 75.33% 76.36% 81.41% 82.07% 81.58% 81.86% 79.48% 80.18% 79.22% 79.76% 79.64% 79.70% 79.80% 79.89% 79.42% 78.24% 78.06% 78.43% 79.60% 79.96% 79.94%
Financing receivables and operating lease equipment, net 0.22 0.24 0.14 0.16 0.21 0.20 0.20 0.23 0.55 0.62 0.63 0.72 0.82 1.01 1.06 1.10 1.14 1.16 1.22 1.22 1.25 1.26
Property, plant and equipment, net of accumulated depreciation 9.84 9.57 9.13 8.05 7.52 7.32 7.30 8.16 7.69 7.95 7.78 7.81 7.76 7.70 7.70 7.64 7.84 7.92 7.88 7.57 7.61 7.76
Goodwill 10.58 10.70 10.27 4.85 4.69 5.17 5.17 5.89 5.68 6.01 5.91 6.01 5.98 5.91 5.88 5.85 5.95 5.94 5.82 5.50 5.42 5.38
Acquired intangible assets, net 0.92 0.92 0.93 1.00 0.99 1.22 1.25 1.46 1.45 1.51 1.53 1.60 1.63 1.65 1.69 1.72 1.79 1.84 1.85 1.79 1.81 1.85
Deferred income taxes 0.09 0.08 0.06 0.03 0.09 0.09 0.12 0.03 0.00 0.05 0.04 0.05 0.05 0.05 0.05 0.06 0.08 0.07 0.06 0.05 0.06 0.05
Investments 0.67 0.64 0.62 0.70 0.67 0.64 0.64 0.75 0.72 0.77 0.76 0.79 0.76 0.71 0.72 0.71 0.72 0.73 0.70 0.66 0.59 0.65
Other assets, net of accumulated amortization 2.53 2.52 2.48 3.80 3.77 3.79 3.46 4.00 3.73 3.86 3.60 3.40 3.31 3.17 3.04 3.50 4.24 4.28 4.04 3.62 3.28 3.10
Long-term assets 24.86% 24.67% 23.64% 18.59% 17.93% 18.42% 18.14% 20.52% 19.82% 20.78% 20.24% 20.36% 20.30% 20.20% 20.11% 20.58% 21.76% 21.94% 21.57% 20.40% 20.04% 20.06%
Total assets 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% 100.00%

Based on: 10-Q (reporting date: 2026-06-30), 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 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).


The asset composition demonstrates a high concentration in current assets, which consistently represent between 75% and 82% of total assets throughout the analyzed period. A significant shift in the balance sheet structure occurs toward the end of the timeframe, where current assets decrease from a peak of 82.07% in June 2023 to 75.14% by June 2026, corresponding with a proportional increase in long-term assets.

Liquidity and Short-Term Investments
Cash and cash equivalents exhibit volatility, fluctuating between a low of 4.11% in June 2025 and a high of 10.66% in December 2022. Short-term investments show more extreme variance; after declining from 9.91% in March 2021 to a trough of 0.37% in June 2024, they rebounded sharply to peak at 11.21% in September 2025 before moderating to 7.71% by June 2026. This suggests active fluctuations in liquid capital management.
Inventory Management
Inventories constitute the most substantial portion of the asset base, consistently remaining above 50%. This item peaked at 62.07% in March 2024 before entering a downward trend, reaching 50.33% by September 2025. The dominance of inventories highlights a highly capital-intensive operational model with significant value tied up in production cycles.
Receivables and Other Current Assets
Unbilled receivables remain relatively stable, generally oscillating between 5.35% and 7.19% of total assets. Accounts receivable exhibit minimal fluctuation, typically remaining within the 1.5% to 2.2% range. Other current assets maintain a steady presence, generally between 1.3% and 4.2%, without showing a definitive long-term directional trend.
Long-Term Asset Growth
Long-term assets, which historically hovered around 20%, increased to 24.86% by June 2026. This growth is primarily driven by two factors: an increase in property, plant, and equipment from 7.76% in March 2021 to 9.84% in June 2026, and a sharp rise in goodwill, which jumped from approximately 5% to a peak of 10.70% in March 2026. Acquired intangible assets showed a gradual decline over the period, falling from 1.85% to 0.92%.

AI Ask an analyst for more