The Boeing Company (BA)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 156,363,000 | 137,012,000 | 137,100,000 | 138,552,000 | 152,136,000 |
| Operating ROA | -6.85% | -0.56% | -2.57% | -2.09% | -8.39% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-10,707,000K ÷ $156,363,000K
= -6.85%
Based on the provided data, The Boeing Company's operating return on assets (operating ROA) has shown fluctuations over the years. As of December 31, 2020, the operating ROA was -8.39%, indicating that for every dollar of assets, the company generated a negative operating profit.
By December 31, 2021, the operating ROA had improved to -2.09%, suggesting a reduction in the negative profitability relative to assets. However, in the following year, by December 31, 2022, the operating ROA decreased slightly to -2.57%, indicating a slight decline in operating efficiency.
Moving forward to December 31, 2023, there was a further improvement in operating ROA to -0.56%, signaling a move closer to profitability. However, by December 31, 2024, the operating ROA declined significantly to -6.85%, indicating a substantial decrease in operating profit relative to assets.
Overall, The Boeing Company's operating ROA has been negative throughout the period, with fluctuations reflecting varying levels of operational efficiency and profitability. The company may need to focus on improving its operational performance to generate better returns on its assets in the future.
Peer comparison
Dec 31, 2024