Net Profit Margin
since 2005
Calculation
Boeing Co., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net earnings (loss) attributable to Boeing Shareholders1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2024 | -17.77% | = | 100 | × | (11,817) | ÷ | 66,517) |
| Dec 31, 2023 | -2.86% | = | 100 | × | (2,222) | ÷ | 77,794) |
| Dec 31, 2022 | -7.41% | = | 100 | × | (4,935) | ÷ | 66,608) |
| Dec 31, 2021 | -6.75% | = | 100 | × | (4,202) | ÷ | 62,286) |
| Dec 31, 2020 | -20.42% | = | 100 | × | (11,873) | ÷ | 58,158) |
| Dec 31, 2019 | -0.83% | = | 100 | × | (636) | ÷ | 76,559) |
| Dec 31, 2018 | 10.34% | = | 100 | × | 10,460) | ÷ | 101,127) |
| Dec 31, 2017 | 8.78% | = | 100 | × | 8,197) | ÷ | 93,392) |
| Dec 31, 2016 | 5.18% | = | 100 | × | 4,895) | ÷ | 94,571) |
| Dec 31, 2015 | 5.39% | = | 100 | × | 5,176) | ÷ | 96,114) |
| Dec 31, 2014 | 6.00% | = | 100 | × | 5,446) | ÷ | 90,762) |
| Dec 31, 2013 | 5.29% | = | 100 | × | 4,585) | ÷ | 86,623) |
| Dec 31, 2012 | 4.77% | = | 100 | × | 3,900) | ÷ | 81,698) |
| Dec 31, 2011 | 5.85% | = | 100 | × | 4,018) | ÷ | 68,735) |
| Dec 31, 2010 | 5.14% | = | 100 | × | 3,307) | ÷ | 64,306) |
| Dec 31, 2009 | 1.92% | = | 100 | × | 1,312) | ÷ | 68,281) |
| Dec 31, 2008 | 4.39% | = | 100 | × | 2,672) | ÷ | 60,909) |
| Dec 31, 2007 | 6.14% | = | 100 | × | 4,074) | ÷ | 66,387) |
| Dec 31, 2006 | 3.60% | = | 100 | × | 2,215) | ÷ | 61,530) |
| Dec 31, 2005 | 4.69% | = | 100 | × | 2,572) | ÷ | 54,845) |
Based on: 10-K (reporting date: 2024-12-31), 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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
The financial data reveals significant trends and shifts in profitability and revenue over the analyzed period.
- Net Earnings (Loss) Attributable to Boeing Shareholders
-
Net earnings generally showed growth from 2005 through 2018, peaking at 10,460 million USD in 2018. Starting in 2019, a sharp decline is evident, with net losses occurring from 2019 onward. The most substantial losses were recorded in 2020 (-11,873 million USD) and 2024 (-11,817 million USD), highlighting a notable downturn in profitability during these years.
- Revenues
-
Revenue trends indicate steady growth from 2005 (54,845 million USD) to a peak in 2018 (101,127 million USD). After 2018, revenues experienced a decline, most notably dropping to 58,158 million USD in 2020, corresponding with the period of negative net earnings. Revenues moderately recovered in subsequent years, reaching 77,794 million USD in 2023, but declined again in 2024 to 66,517 million USD.
- Net Profit Margin
-
The net profit margin mirrored net earnings trends, with positive margins fluctuating between 1.92% and 10.34% during the growth period up to 2018. Margin peaked in 2018 at 10.34%. From 2019 onwards, the company experienced negative margins, with the lowest at -20.42% in 2020, indicating substantial losses relative to revenue. Some improvement occurred after 2020, but margins remained negative through 2024.
Overall, the data suggests a strong growth and profitability phase culminating in 2018, followed by a period of decline marked by losses and lower revenues from 2019 through 2024. The severe negative earnings and profit margins coinciding with lower revenues during this latter period indicate significant operational or market challenges impacting financial performance.
Comparison to Competitors
Boeing Co., net profit margin, long-term trends, comparison to competitors
| Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | GE Aerospace | Honeywell International Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2024 | -17.77% | 17.59% | 15.25% | 18.67% | 14.82% | 7.51% | 5.91% |
| Dec 31, 2023 | -2.86% | 16.18% | 13.87% | 14.68% | 15.43% | 10.24% | 4.64% |
| Dec 31, 2022 | -7.41% | 11.85% | 11.86% | 0.31% | 14.00% | 8.69% | 7.75% |
| Dec 31, 2021 | -6.75% | 13.47% | 10.92% | -9.17% | 16.11% | 9.42% | 6.00% |
| Dec 31, 2020 | -20.42% | 7.68% | 7.90% | 7.81% | 14.64% | 10.45% | -6.22% |
| Dec 31, 2019 | -0.83% | 12.00% | 10.34% | -5.69% | 16.73% | 10.42% | 7.19% |
| Dec 31, 2018 | 10.34% | 11.86% | 9.93% | -19.69% | 16.18% | 9.39% | 7.92% |
| Dec 31, 2017 | 8.78% | 1.77% | 14.63% | -5.11% | 4.08% | 3.92% | 7.61% |
| Dec 31, 2016 | 5.18% | -0.19% | 9.73% | 8.00% | 12.24% | 11.22% | 8.83% |
| Dec 31, 2015 | 5.39% | 4.76% | 9.49% | -5.79% | 12.36% | 7.81% | 13.56% |
| Dec 31, 2014 | 6.00% | 7.09% | 7.95% | 14.27% | 10.52% | 7.93% | 9.55% |
| Dec 31, 2013 | 5.29% | 7.19% | 8.44% | 12.99% | 10.05% | 6.57% | 9.14% |
| Dec 31, 2012 | 4.77% | 9.01% | 7.46% | 13.62% | 7.77% | 5.82% | 8.89% |
| Dec 31, 2011 | 5.85% | 8.59% | 8.41% | 14.97% | 5.66% | 5.71% | 8.56% |
| Dec 31, 2010 | 5.14% | 6.77% | 6.77% | 11.59% | 6.06% | 6.39% | 8.05% |
| Dec 31, 2009 | 1.92% | 3.03% | 3.23% | 10.62% | 6.97% | 6.69% | 7.30% |
| Dec 31, 2008 | 4.39% | 7.40% | 6.88% | 15.44% | 7.64% | 7.53% | 8.08% |
| Dec 31, 2007 | 6.14% | 8.44% | 7.63% | 22.31% | 7.07% | 7.25% | 7.83% |
| Dec 31, 2006 | 3.60% | 9.10% | 7.68% | 20.68% | 6.64% | 6.38% | 7.92% |
| Dec 31, 2005 | 4.69% | 8.39% | 7.24% | 17.66% | 5.98% | 4.90% | 7.26% |
Based on: 10-K (reporting date: 2024-12-31), 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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Capital Goods)
Boeing Co., net profit margin, long-term trends, comparison to sector (capital goods)
| Boeing Co. | Capital Goods | |
|---|---|---|
| Dec 31, 2024 | -17.77% | 6.65% |
| Dec 31, 2023 | -2.86% | 9.09% |
| Dec 31, 2022 | -7.41% | 5.27% |
| Dec 31, 2021 | -6.75% | 3.71% |
| Dec 31, 2020 | -20.42% | 1.85% |
| Dec 31, 2019 | -0.83% | 5.03% |
| Dec 31, 2018 | 10.34% | 2.99% |
| Dec 31, 2017 | 8.78% | 3.41% |
| Dec 31, 2016 | 5.18% | 7.61% |
| Dec 31, 2015 | 5.39% | 4.69% |
| Dec 31, 2014 | 6.00% | 9.51% |
| Dec 31, 2013 | 5.29% | 8.78% |
| Dec 31, 2012 | 4.77% | 8.73% |
| Dec 31, 2011 | 5.85% | 9.04% |
| Dec 31, 2010 | 5.14% | 7.93% |
| Dec 31, 2009 | 1.92% | 6.61% |
| Dec 31, 2008 | 4.39% | 9.45% |
| Dec 31, 2007 | 6.14% | 11.53% |
| Dec 31, 2006 | 3.60% | 10.82% |
| Dec 31, 2005 | 4.69% | 9.72% |
Based on: 10-K (reporting date: 2024-12-31), 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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
Boeing Co., net profit margin, long-term trends, comparison to industry (industrials)
| Boeing Co. | Industrials | |
|---|---|---|
| Dec 31, 2024 | -17.77% | 8.06% |
| Dec 31, 2023 | -2.86% | 8.32% |
| Dec 31, 2022 | -7.41% | 5.04% |
| Dec 31, 2021 | -6.75% | 5.85% |
| Dec 31, 2020 | -20.42% | 0.09% |
| Dec 31, 2019 | -0.83% | 4.11% |
| Dec 31, 2018 | 10.34% | 4.75% |
| Dec 31, 2017 | 8.78% | 5.79% |
| Dec 31, 2016 | 5.18% | 7.43% |
| Dec 31, 2015 | 5.39% | 6.48% |
| Dec 31, 2014 | 6.00% | 8.76% |
| Dec 31, 2013 | 5.29% | 8.23% |
| Dec 31, 2012 | 4.77% | 7.39% |
| Dec 31, 2011 | 5.85% | 8.26% |
| Dec 31, 2010 | 5.14% | 7.48% |
| Dec 31, 2009 | 1.92% | 5.76% |
| Dec 31, 2008 | 4.39% | 7.27% |
| Dec 31, 2007 | 6.14% | 9.56% |
| Dec 31, 2006 | 3.60% | 14.87% |
| Dec 31, 2005 | 4.69% | 3.55% |
Based on: 10-K (reporting date: 2024-12-31), 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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).