The Boeing Company (BA)

Net profit margin

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
Net income (ttm) US$ in thousands -2,222,000 -2,833,000 -4,472,000 -4,130,000 -4,935,000 -8,444,000 -5,278,000 -4,884,000 -4,202,000 -8,479,000 -8,819,000 -11,782,000 -11,873,000 -4,463,000 -2,847,000 -3,413,000 -636,000 3,798,000 4,994,000 10,132,000
Revenue (ttm) US$ in thousands 77,794,000 75,756,000 73,608,000 70,538,000 66,608,000 61,421,000 60,743,000 61,060,000 62,286,000 62,797,000 61,658,000 56,467,000 58,158,000 60,765,000 66,606,000 70,550,000 76,559,000 86,989,000 92,155,000 100,662,000
Net profit margin -2.86% -3.74% -6.08% -5.86% -7.41% -13.75% -8.69% -8.00% -6.75% -13.50% -14.30% -20.87% -20.42% -7.34% -4.27% -4.84% -0.83% 4.37% 5.42% 10.07%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-2,222,000K ÷ $77,794,000K
= -2.86%

The net profit margin of Boeing Co. has shown a declining trend over the past eight quarters. The margin was -2.86% as of December 31, 2023, which improved from the previous quarter but remained negative. This indicates that for every dollar of revenue generated, the company incurred a net loss of 2.86 cents. The declining trend from the previous year's figures is evident, with the net profit margin consistently being negative. This suggests that Boeing's profitability has been under pressure, possibly due to various operational or financial challenges. Further analysis and context are necessary to understand the underlying factors contributing to this trend.


Peer comparison

Dec 31, 2023

Company name
Symbol
Net profit margin
The Boeing Company
BA
-2.86%
AeroVironment Inc
AVAV
8.34%

See also:

The Boeing Company Net Profit Margin (Quarterly Data)