The Boeing Company (BA)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -11,817,000 | -2,222,000 | -4,935,000 | -4,202,000 | -11,873,000 |
| Revenue | US$ in thousands | 66,517,000 | 77,794,000 | 66,608,000 | 62,286,000 | 58,158,000 |
| Net profit margin | -17.77% | -2.86% | -7.41% | -6.75% | -20.42% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-11,817,000K ÷ $66,517,000K
= -17.77%
The net profit margin of The Boeing Company has shown fluctuations over the period from December 31, 2020, to December 31, 2024.
- As of December 31, 2020, the company's net profit margin was -20.42%, indicating that for every dollar of revenue generated, the company incurred a net loss of approximately 20.42 cents.
- By December 31, 2021, the net profit margin had improved to -6.75%, suggesting a reduction in losses compared to the previous year.
- However, by the end of December 31, 2022, the net profit margin decreased slightly to -7.41%, indicating that the company's profitability was still under pressure.
- The trend seemed to reverse by December 31, 2023, as the net profit margin improved to -2.86%, showing a significant reduction in losses compared to the prior year.
- Surprisingly, by December 31, 2024, The Boeing Company's net profit margin declined to -17.77%, indicating a significant decrease in profitability compared to the previous year.
Overall, the fluctuating net profit margins reflect the challenges and changes in The Boeing Company's financial performance during the period under review. It is essential for investors and stakeholders to closely monitor these ratios to assess the company's financial health and profitability trends.
Peer comparison
Dec 31, 2024