The Boeing Company (BA)

Return on total capital

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before interest and tax (EBIT) US$ in thousands 5,406,000 -9,485,000 -773,000 -2,489,000 -2,351,000
Long-term debt US$ in thousands — — — — —
Total stockholders’ equity US$ in thousands 5,454,000 -3,908,000 -17,233,000 -15,883,000 -14,999,000
Return on total capital 99.12% — — — —

December 31, 2025 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $5,406,000K ÷ ($—K + $5,454,000K)
= 99.12%