The Boeing Company (BA)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -10,707,000 | -773,000 | -3,519,000 | -2,902,000 | -12,767,000 |
| Revenue | US$ in thousands | 66,517,000 | 77,794,000 | 66,608,000 | 62,286,000 | 58,158,000 |
| Operating profit margin | -16.10% | -0.99% | -5.28% | -4.66% | -21.95% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-10,707,000K ÷ $66,517,000K
= -16.10%
The operating profit margin of The Boeing Company has shown fluctuations over the years based on the provided data. As of December 31, 2020, the company's operating profit margin was at a significant negative 21.95%, indicating that the company's operating expenses outweighed its operating income by a substantial margin.
However, there is a noticeable improvement in the following years. By December 31, 2021, the operating profit margin improved to -4.66%, which was still negative but displaying a reduction in losses compared to the previous year. This trend continued in 2022, where the margin improved further to -5.28%.
By December 31, 2023, The Boeing Company managed to narrow its operating profit margin to -0.99%, signaling a significant improvement in its operational efficiency and cost management. This positive trend, however, was not sustained in 2024 as the operating profit margin declined to -16.10%, indicating a setback in the company's operational performance.
Overall, The Boeing Company has made progress in enhancing its operating profit margin over the years, but the fluctuations suggest that the company may still face challenges in achieving consistent profitability in its operations. Monitoring and analyzing the factors influencing these fluctuations will be crucial for the company's financial performance moving forward.
Peer comparison
Dec 31, 2024