The Boeing Company (BA)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -10,707,000 | -6,654,000 | -1,701,000 | -710,000 | -773,000 | -1,429,000 | -3,413,000 | -2,534,000 | -3,547,000 | -7,345,000 | -4,224,000 | -3,981,000 | -2,902,000 | -6,780,000 | -7,510,000 | -11,497,000 | -12,767,000 | -6,922,000 | -5,262,000 | -5,678,000 |
| Total assets | US$ in thousands | 156,363,000 | 137,695,000 | 142,720,000 | 134,484,000 | 137,012,000 | 134,281,000 | 134,774,000 | 136,347,000 | 137,100,000 | 137,558,000 | 135,479,000 | 135,801,000 | 138,552,000 | 146,846,000 | 148,935,000 | 150,035,000 | 152,136,000 | 161,261,000 | 162,872,000 | 143,075,000 |
| Operating ROA | -6.85% | -4.83% | -1.19% | -0.53% | -0.56% | -1.06% | -2.53% | -1.86% | -2.59% | -5.34% | -3.12% | -2.93% | -2.09% | -4.62% | -5.04% | -7.66% | -8.39% | -4.29% | -3.23% | -3.97% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-10,707,000K ÷ $156,363,000K
= -6.85%
The operating return on assets (operating ROA) of The Boeing Company has shown fluctuations over the period ranging from March 31, 2020, to December 31, 2024. The operating ROA started at a negative value of -3.97% in March 31, 2020, and continued to fluctuate between negative percentages throughout the period.
The operating ROA reached its lowest point with a negative value of -8.39% in December 31, 2020, showing significant operational inefficiencies at that time. Subsequently, the operating ROA improved slightly but remained negative until December 31, 2021, when it showed a considerable improvement to -2.09%.
From March 31, 2022, to December 31, 2024, the operating ROA fluctuated within a range of -0.53% to -6.85%, indicating continued challenges in generating profits from the company's assets. Despite some minor improvements in certain quarters, the overall trend suggests that The Boeing Company struggled to efficiently utilize its assets to generate operating income during the analyzed period.
It is important for investors and stakeholders to closely monitor the company's operational performance and strategies to address the negative trend in the operating ROA, which reflects the company's ability to generate profits from its operational activities relative to its total assets.
Peer comparison
Dec 31, 2024