The Boeing Company (BA)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -11,817,000 | -7,975,000 | -3,441,000 | -2,151,000 | -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 |
| 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 |
| ROA | -7.56% | -5.79% | -2.41% | -1.60% | -1.62% | -2.11% | -3.32% | -3.03% | -3.60% | -6.14% | -3.90% | -3.60% | -3.03% | -5.77% | -5.92% | -7.85% | -7.80% | -2.77% | -1.75% | -2.39% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-11,817,000K ÷ $156,363,000K
= -7.56%
The return on assets (ROA) for The Boeing Company has been fluctuating over the past few years. From March 2020 to December 2024, the ROA figures have ranged from -1.60% to -7.85%. The ROA was negative throughout this period, indicating that the company's net income generated from its assets was not sufficient to cover the total assets employed.
The downward trend in ROA from 2020 to 2024 suggests that Boeing's profitability in relation to its asset base has weakened over time. The lowest ROA was recorded in December 2024 at -7.56%, highlighting significant challenges in generating profits from the company's assets.
These negative ROA figures may raise concerns about Boeing's operational efficiency and overall financial performance. It is essential for the company to address the underlying issues impacting its profitability in order to improve its ROA and enhance shareholder value in the future.
Peer comparison
Dec 31, 2024