The Boeing Company (BA)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 156,363,000 | 137,012,000 | 137,100,000 | 138,552,000 | 152,136,000 |
| ROA | -7.56% | -1.62% | -3.60% | -3.03% | -7.80% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-11,817,000K ÷ $156,363,000K
= -7.56%
The return on assets (ROA) for The Boeing Company has shown a varying trend over the past five years. As of December 31, 2020, the ROA was -7.80%, indicating that the company generated a negative return relative to its total assets. Subsequently, by December 31, 2021, the ROA improved slightly to -3.03%, although it remained negative.
In the following years, there were fluctuations in the ROA figures. By December 31, 2022, the ROA was reported at -3.60%, showing a slight decline. However, there was a modest improvement by December 31, 2023, where the ROA decreased to -1.62%.
The most recent data point, as of December 31, 2024, demonstrated a decreased ROA of -7.56%, which was relatively lower compared to the previous year. Overall, the negative ROA values indicate that The Boeing Company has not been effectively utilizing its assets to generate profits. It is essential for the company to enhance its operational efficiency and strategic management to improve its return on assets and drive sustainable long-term growth.
Peer comparison
Dec 31, 2024