Boeing Co. (NYSE:BA)

The financial data reveals several key trends in valuation and profitability over the period analyzed.

Share Price

The share price experienced notable fluctuations. From 2006 through early 2008, it remained relatively stable within the range of approximately $70 to $90, before declining sharply in 2009 to around $43. Following this decline, the share price showed a general upward trajectory, peaking at over $400 by early 2019. Subsequently, a significant decline occurred, dropping to below $200 by 2021, with minor recovery and stabilization between approximately $175 and $211 from 2023 through early 2025.

Operating Profit Per Share (OPPS)

The operating profit per share displayed considerable volatility. Initially, there was a moderate rise from 2006 to 2008, peaking at $7.62 per share. Profitability declined between 2009 and 2010, recovered robustly from 2010 to 2019 with a high point exceeding $21 in 2019. However, from 2020 onward, the operating profit per share turned negative, indicating losses that deepened significantly in 2021 to -$21.90, with persistent negative results through to 2025, albeit with some fluctuation in magnitude.

Price to Operating Profit Ratio (P/OP)

The price to operating profit ratio confirms the inverse relationship between share price and operating profitability. From 2006 through 2008, the ratio decreased from approximately 21 to 11, reflecting improving profits relative to price. It then fluctuated, reaching a low near 7.87 in 2009 during the share price drop. The ratio increased notably through 2018, surpassing 19, likely driven by rising share prices coupled with growing profits. Data after 2018 is unavailable, presumably due to negative operating profits making the ratio undefined or non-meaningful.

Overall, the data depicts a period of robust growth in share price and profitability up to 2019, followed by a sharp deterioration in operating results that has not yet reversed by early 2025. The sustained negative operating profits after 2019 suggest operational challenges or extraordinary adverse events impacting financial performance. The share price decline during this latter phase reflects market recognition of these difficulties despite some periods of price stabilization.