# Boeing Company (BA) — Stock CV

Boeing Company is a $151B industrial company. Revenue grew 24.8% over the last year, it keeps 3¢ of every dollar of sales as profit, and it carries $24.7B of net debt. It trades at 61.8× earnings — around the middle of its own history.

> Boeing is a major aerospace and defense firm operating in three segments: commercial airplanes; defense, space, and security; and global services. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft that can carry more than 130 passengers.

## Identity

- **Ticker**: BA
- **Sector**: Industrials
- **Industry**: Aircraft
- **Headquarters**: ARLINGTON, VA
- **Employees**: 182 000
- **Website**: https://www.boeing.com
- **Market cap**: $151B
- **Last price**: $190.57
- **Financial profile**: Strained

## Vitals (TTM)

- **Revenue**: $94.0B
- **Net income**: $2.44B
- **Free cash flow**: -$210M
- **Net debt**: $24.7B
- **P/E**: 61.8
- **Revenue growth (YoY)**: 24.8%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 50 |
| Growth | 12 |
| Profitability | 41 |
| Health | 30 |
| Quality | 52 |
| Moat | 11 |

## Qualifications (beginner checklist) — 5 of 11 passed

- [x] Revenue growing — +24.8% YoY
- [x] Profitable — $2.44B TTM
- [x] Profit growing — +118.9% YoY
- [ ] Generates cash — -$210M TTM
- [ ] Debt under control — current ratio 1.14
- [x] Established company — $151B market cap
- [ ] Not printing shares — +58.5% shares over ~5y
- [ ] Proven track record — 4/10 profitable years
- [ ] Financially stable — Altman Z 0.9 — distress
- [x] Pays a dividend — yield 0.23%
- [ ] Valuation not extreme — P/E 61.8

## Experience (career milestones)

- **2024** — Safety crisis and strike: door-plug blowout triggered a leadership overhaul
- **2023** — Boeing acquired autonomous eVTOL air taxi startup Wisk Aero
- **FY2018** — Revenue crossed $100B: $101B for the year
- **FY2018** — Best year on record: $10.5B net income
- **FY2016** — First recorded profitable year: $4.89B net income
- **FY2016** — Revenue already above $50B: $94.6B in first reported year
- **2000** — Boeing acquired the satellite segment of Hughes Electronics
- **1997** — Merged with McDonnell Douglas: $13B — consolidated US aerospace
- **Feb 9, 1969** — 747 first flight: the Queen of the Skies
- **1960** — The company bought Vertol Aircraft Corporation, which at the time, was the biggest independent manufacturer…
- **1958** — 707 enters service: brought jet travel to the masses
- **1929** — The company was renamed United Aircraft and Transport Corporation, followed by the acquisition of several…
- **1917** — The organization was renamed Boeing Airplane Company
- **Jul 15, 1916** — Founded by William Boeing: a Seattle timber man starts building seaplanes

## Strengths

- Revenue growing 24.8% year over year

## Watch-outs

- Negative free cash flow (-$210.0M)
- Altman Z-Score 0.94 — elevated financial-distress risk
- Thin interest coverage (2.0×)
- Loss-making in 6 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $62.3B | -$4.20B | -$4.38B |
| FY2022 | $66.6B | -$4.93B | $2.29B |
| FY2023 | $77.8B | -$2.22B | $4.43B |
| FY2024 | $66.5B | -$11.8B | -$14.3B |
| FY2025 | $89.5B | $2.23B | -$1.88B |

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Source: https://stockcv.com/BA — derived from company filings; may be delayed or incomplete. Information, not investment advice.