olivLaw · US equity research
The Boeing Company BA
Aircraft · SIC 3721 · Vertical: Aircraft (SIC 3721)
The Boeing Company is one of the world's major aerospace firms, building commercial airplanes, military aircraft, satellites and maintenance services. The company reports strong demand and a record backlog, but is still recovering from production and quality problems, which matters now for the aviation market.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 03 Nov 2026, The Boeing Company (BA) stock was 173.31 USD (−1.19% on the day), with market capitalisation 137.3 bn USD, P/E 18.2 on diluted EPS of 9.51 USD over the last 12 months, dividend yield 4.74%, beta 1.16, 52-week range 167.14–252.15 USD. Latest reported quarter (Q3 2026): revenue of 24.2 bn USD (+3.9% YoY), net income of -116.0 m USD, diluted EPS -0.26 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 36.1
- weak (30–45)
- Bollinger (20, 2)
- 166.96 – 200.31
- in the lower half of the band · %B 0.19 · band width 18.2%
- SMA 50 / 200
- 194.61 / 216.25
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -6.44 / -5.60
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −10.5% | −2.0% | −8.5 pp | — |
| 3 months | −26.9% | −2.2% | −24.8 pp | — |
| 6 months | −22.8% | +4.3% | −27.0 pp | — |
| Year to date | −20.2% | +10.6% | −30.7 pp | — |
| 1 year | −15.3% | +10.5% | −25.7 pp | −52.4% |
| 3 years | −11.1% | +73.7% | −84.8 pp | −16.5% |
| 5 years | −18.6% | +61.7% | −80.4 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15.2 bn | 19.5 bn | 22.7 bn | 23.3 bn | 23.9 bn | 22.2 bn | 24.6 bn | 24.2 bn |
| Cost of revenue | 16.8 bn | 17.1 bn | 20.3 bn | 25.6 bn | 22.1 bn | 19.7 bn | 22.1 bn | 22.0 bn |
| Gross profit | -1.6 bn | 2.4 bn | 2.4 bn | -2.4 bn | 1.8 bn | 2.5 bn | 2.4 bn | 2.2 bn |
| Research & development | 836.0 m | 844.0 m | 910.0 m | 897.0 m | 964.0 m | 903.0 m | 921.0 m | 830.0 m |
| Operating income | -3.8 bn | 461.0 m | -176.0 m | -4.8 bn | 8.8 bn | 448.0 m | 156.0 m | 354.0 m |
| Depreciation & amortisation | 509.0 m | 466.0 m | 460.0 m | 491.0 m | 536.0 m | 573.0 m | 596.0 m | 584.0 m |
| Interest expense | 755.0 m | 708.0 m | 710.0 m | 694.0 m | 659.0 m | 616.0 m | 600.0 m | 573.0 m |
| Pre-tax income | -4.1 bn | 76.0 m | -561.0 m | -5.2 bn | 8.3 bn | 26.0 m | -365.0 m | -123.0 m |
| Income tax | -232.0 m | 107.0 m | 51.0 m | 140.0 m | 99.0 m | 33.0 m | 63.0 m | -7.0 m |
| Net income | -3.9 bn | -37.0 m | -611.0 m | -5.3 bn | 8.2 bn | -4.0 m | -444.0 m | -116.0 m |
| Diluted EPS | -5.23 ≈ | -0.16 | -0.92 | -7.14 | 10.55 ≈ | -0.11 | -0.67 | -0.26 |
| Operating cash flow | -3.5 bn | -1.6 bn | 227.0 m ≈ | 1.1 bn ≈ | 1.3 bn | -179.0 m | 1.4 bn ≈ | 1.5 bn ≈ |
| Capex | 648.0 m | 674.0 m | 427.0 m ≈ | 885.0 m ≈ | 956.0 m | 1.3 bn | 733.0 m ≈ | 1.0 bn ≈ |
| Dividends paid | — | 72.0 m | 86.0 m | 86.0 m | 87.0 m | 86.0 m | 86.0 m | 86.0 m |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 15 percentile of its own 20-quarter history (min 17.0, median 21.2, max 93.1; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 101.1 bn | 76.6 bn | 58.2 bn | 62.3 bn | 66.6 bn | 77.8 bn | 66.5 bn | 89.5 bn |
| Revenue YoY | +7.6% | −24.3% | −24.0% | +7.1% | +6.9% | +16.8% | −14.5% | +34.5% |
| Net income | 10.5 bn | -636.0 m | -11.9 bn | -4.2 bn | -4.9 bn | -2.2 bn | -11.8 bn | 2.2 bn |
| Net income YoY | +23.7% | −106.1% | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Diluted EPS | 17.85 | -1.12 | -20.88 | -7.15 | -8.30 | -3.67 | -18.36 | 2.48 |
| Diluted EPS YoY | +28.9% | −106.3% | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| net % | 10.3% | -0.8% | -20.4% | -6.7% | -7.4% | -2.9% | -17.8% | 2.5% |
| Free cash flow | 13.6 bn | -4.3 bn | -19.7 bn | -4.4 bn | 2.3 bn | 4.4 bn | -14.3 bn | -1.9 bn |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 10.9 bn USD
- Financial debt
- 62.3 bn USD
- Net debt
- 51.4 bn USD
- Equity
- 5.5 bn USD
- Total assets
- 168.2 bn USD
- Debt / equity
- 11.42x
- Current ratio
- 1.19x
- ROE
- unavailable
- ROA
- 1.4%
- FCF margin
- -2.1%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 58.2 bn | 62.3 bn | 66.6 bn | 77.8 bn | 66.5 bn | 89.5 bn | SEC (XBRL)· 30 Jan 2026verified |
| Cost of revenue | 63.8 bn | 59.2 bn | 63.1 bn | 70.1 bn | 68.5 bn | 85.2 bn | SEC (XBRL)· 30 Jan 2026verified |
| Gross profit | -5.7 bn | 3.0 bn | 3.5 bn | 7.7 bn | -2.0 bn | 4.3 bn | SEC (XBRL)· 30 Jan 2026verified |
| Research & development | 2.5 bn | 2.2 bn | 2.9 bn | 3.4 bn | 3.8 bn | 3.6 bn | SEC (XBRL)· 30 Jan 2026verified |
| Operating income | -12.8 bn | -2.9 bn | -3.5 bn | -773.0 m | -10.7 bn | 4.3 bn | SEC (XBRL)· 30 Jan 2026verified |
| Depreciation & amortisation | 2.2 bn | 2.1 bn | 2.0 bn | 1.9 bn | 1.8 bn | 2.0 bn | SEC (XBRL)· 30 Jan 2026verified |
| EBITDA | -10.5 bn ≈ | -726.0 m ≈ | -1.5 bn ≈ | 1.1 bn ≈ | -8.9 bn ≈ | 6.2 bn ≈ | SEC (XBRL)· 30 Jan 2026derived |
| Interest expense | 2.2 bn | 2.7 bn | 2.6 bn | 2.5 bn | 2.7 bn | 2.8 bn | SEC (XBRL)· 30 Jan 2026verified |
| Pre-tax income | -14.5 bn | -5.0 bn | -5.0 bn | -2.0 bn | -12.2 bn | 2.6 bn | SEC (XBRL)· 30 Jan 2026verified |
| Income tax | -2.5 bn | -743.0 m | 31.0 m | 237.0 m | -381.0 m | 397.0 m | SEC (XBRL)· 30 Jan 2026verified |
| Net income | -11.9 bn | -4.2 bn | -4.9 bn | -2.2 bn | -11.8 bn | 2.2 bn | SEC (XBRL)· 30 Jan 2026verified |
| Diluted EPS | -20.88 | -7.15 | -8.30 | -3.67 | -18.36 | 2.48 | SEC (XBRL)· 30 Jan 2026verified |
| Weighted average diluted shares | 568.6 m | 587.6 m | 594.9 m | 605.8 m | 646.9 m | 762.3 m | SEC (XBRL)· 30 Jan 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 7.8 bn | 8.1 bn | 14.6 bn | 12.7 bn | 13.8 bn | 10.9 bn | SEC (XBRL)· 30 Jan 2026verified |
| Receivables | 2.0 bn | 2.6 bn | 2.5 bn | 2.6 bn | 2.6 bn | 2.9 bn | SEC (XBRL)· 30 Jan 2026verified |
| Current assets | 121.6 bn | 108.7 bn | 109.5 bn | 109.3 bn | 128.0 bn | 128.5 bn | SEC (XBRL)· 30 Jan 2026verified |
| Property, plant & equipment, net | 11.8 bn | 10.9 bn | 10.6 bn | 10.7 bn | 11.4 bn | 15.4 bn | SEC (XBRL)· 30 Jan 2026verified |
| Goodwill | 8.1 bn | 8.1 bn | 8.1 bn | 8.1 bn | 8.1 bn | 17.3 bn | SEC (XBRL)· 30 Jan 2026verified |
| Intangibles (excl. goodwill) | 2.8 bn | 2.6 bn | 2.3 bn | 2.1 bn | 2.0 bn | 1.6 bn | SEC (XBRL)· 30 Jan 2026verified |
| Total assets | 152.1 bn | 138.6 bn | 137.1 bn | 137.0 bn | 156.4 bn | 168.2 bn | SEC (XBRL)· 30 Jan 2026verified |
| Accounts payable | 12.9 bn | 9.3 bn | 10.2 bn | 12.0 bn | 11.4 bn | 13.1 bn | SEC (XBRL)· 30 Jan 2026verified |
| Short-term debt | 1.7 bn | 1.3 bn | 5.2 bn | 5.2 bn | 1.3 bn | 8.5 bn | SEC (XBRL)· 30 Jan 2026verified |
| Long-term debt | 63.4 bn | 57.9 bn | 56.8 bn | 52.1 bn | 53.6 bn | 53.8 bn | SEC (XBRL)· 30 Jan 2026verified |
| Current liabilities | 87.3 bn | 82.0 bn | 90.1 bn | 95.8 bn | 97.1 bn | 108.1 bn | SEC (XBRL)· 30 Jan 2026verified |
| Total liabilities | 170.2 bn | 153.4 bn | 152.9 bn | 154.2 bn | 160.3 bn | 162.8 bn | SEC (XBRL)· 30 Jan 2026verified |
| Equity | -18.1 bn | -14.8 bn | -15.8 bn | -17.2 bn | -3.9 bn | 5.5 bn | SEC (XBRL)· 30 Jan 2026verified |
| Shares outstanding at year end | — | — | 598.2 m | — | — | — | SEC (XBRL)· 26 Oct 2022verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -18.4 bn | -3.4 bn | 3.5 bn | 6.0 bn | -12.1 bn | 1.1 bn | SEC (XBRL)· 30 Jan 2026verified |
| Capex | 1.3 bn | 980.0 m | 1.2 bn | 1.5 bn | 2.2 bn | 2.9 bn | SEC (XBRL)· 30 Jan 2026verified |
| Free cash flow | -19.7 bn ≈ | -4.4 bn ≈ | 2.3 bn ≈ | 4.4 bn ≈ | -14.3 bn ≈ | -1.9 bn ≈ | SEC (XBRL)· 30 Jan 2026derived |
| Investing cash flow | -18.4 bn | 9.3 bn | 4.4 bn | -2.4 bn | -12.0 bn | 499.0 m | SEC (XBRL)· 30 Jan 2026verified |
| Financing cash flow | 35.0 bn | -5.6 bn | -1.3 bn | -5.5 bn | 25.2 bn | -3.8 bn | SEC (XBRL)· 30 Jan 2026verified |
| Dividends paid | 1.2 bn | — | — | — | — | 331.0 m | SEC (XBRL)· 30 Jan 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
Score: 38 / 100
A scoring methodology on indicators and valuation, not investment advice.
score < 40
Closing price
03 Nov 2026Source: olivLaw, closing series
Market cap: 137.3 bn USD
Key indicators
Coverage and freshness
Score by group
- Valuation20
- Balance sheet26
- Quality73
- Growth86
- Returns2
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 2.54 – 145.27 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)2.54 – 32.13 (Mid 11.80)WACC 8.4% · starting FCFF 2.4 bn USD · terminal value share of EV 76%The WACC × g sensitivity gives the method's bounds; these are not probabilities.Reverse DCF: no growth between −30% and +40% justifies the price
- Peers: EV/EBITDAunavailable · not enough peers
- Peers: P/Eunavailable · not enough peers
- Dividend discount (DDM)108.02 – 145.27 (Mid 123.90)
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Unattractive profile · Score 38/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 20.1% | 100 (vs peers) | 11% |
| Net margin · Quality | 8.1% | 100 (vs peers) | 7% |
| FCF conversion · Quality | 0.2% | 0 (on a fixed band) | 7% |
| Revenue CAGR 3Y · Growth | 10.3% | 86 (on a fixed band) | 9% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | 3.4x | 18 (on a fixed band) | 11% |
| Interest coverage · Balance sheet | 4.0x | 38 (on a fixed band) | 7% |
| Current ratio · Balance sheet | 1.1x | 28 (on a fixed band) | 5% |
| P/E (TTM) · Valuation | 18.2x | 54 (on a fixed band) | 11% |
| EV/EBITDA · Valuation | 14.8x | 2 (on a fixed band) | 11% |
| FCF yield · Valuation | 0.0% | 0 (on a fixed band) | 9% |
| Shareholder yield (distributions) · Returns | 0.3% | 4 (on a fixed band) | 7% |
| Payout ratio (FCF) · Returns | 2,156.3% | 0 (on a fixed band) | 5% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet26/100 · 3/3 factors with a value
- Growth· partial86/100 · 1/2 factors with a value
- Quality73/100 · 3/3 factors with a value
- Returns2/100 · 2/2 factors with a value
- Valuation20/100 · 3/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
THE BOEING COMPANY (BA). Latest full fiscal year: 2025; data up to 2026-09-30.
Figures computed from the financial statements: revenue 89.5 bn USD in 2025; YoY growth 34.5%; net margin 8.1%; net debt/EBITDA 3.4x.
The estimated value range is 55.28–88.70 USD per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 67.85 USD, the price of 173.31 USD leaves a potential of -60.8% (value / price − 1) and a margin of safety of -155.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 38/100, methodological classification: unattractive profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: growth. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- ROIC: 20.1%
- Net margin: 8.1%
- Revenue CAGR 3Y: 10.3%
What contradicts it
- FCF conversion: 0.2%
- Net debt / EBITDA: 3.4x
- Current ratio: 1.1x
- EV/EBITDA: 14.8x
- FCF yield: 0.0%
- Shareholder yield (distributions): 0.3%
- Payout ratio (FCF): 2,156.2%
- The price is above the estimated value range
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): EPS CAGR 3Y.
Versus the vertical median
Aircraft (SIC 3721) · same industry (4-digit SIC) · compared with 10 companies
The size band was not applied: too few companies would have remained; the vertical includes much smaller or larger companies.
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| BAThe Boeing Company | 137.3 bn | 18.2 | — | 8.1% | +34.5% | −15% / −11% |
| EMBJEmbraer S.A. | 56.8 bn | 163.6 | 10.8% | 4.6% | +18.5% | +25% / +349% |
| AVAVAerovironment, Inc. | 5.8 bn | — | -4.6% | -10.1% | +140.9% | −59% / −18% |
| JOBYJoby Aviation, Inc. | 5.0 bn | — | -65.9% | -755.1% | +39,183.1% | −65% / −15% |
| ACHRArcher Aviation Inc. | 3.2 bn | — | -44.8% | -11,589.9% | unavailable | −47% / −31% |
| BETABETA Technologies, Inc. | 951.1 m | — | -46.8% | -1,007.8% | +136.0% | −7% / unavailable |
| AIROAIRO Group Holdings, Inc. | 171.0 m | — | -3.6% | -23.9% | +4.6% | −37% / unavailable |
| MOBMobilicom Limited | 36.5 m | — | -369.2% | -705.4% | +5.8% | −58% / +115% |
| UAVSAgEagle Aerial Systems Inc. | 21.8 m | — | -106.1% | -276.5% | −4.3% | −74% / −100% |
| DUKRDUKE Robotics Corp. | 11.2 m | — | -66.6% | -611.0% | +249.1% | +1,382% / +3,160% |
| EVTLVertical Aerospace Ltd. | — | — | — | — | +51.7% | −91% / −94% |
1- and 3-year price returns: for BA from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 110.14 Total return -36% · Per year -36% | 194.19 Total return 12% · Per year 12% | 291.81 Total return 68% · Per year 68% |
| 3 years | 119.79 Total return -31% · Per year -12% | 236.40 Total return 36% · Per year 11% | 388.15 Total return 124% · Per year 31% |
| 5 years | 130.29 Total return -25% · Per year -6% | 287.78 Total return 66% · Per year 11% | 516.31 Total return 198% · Per year 24% |
- Exit P/E± 59.10
- Net margin± 41.37
- Annual revenue growth± 32.16
- Annual dilution± 3.48
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 28 Jul 2026; since then the company filed 10-Q (27 Oct 2026), 8-K (27 Oct 2026 · results).
In brief
The Boeing Company is one of the world's major aerospace firms, building commercial airplanes, military aircraft, satellites and maintenance services. The company reports strong demand and a record backlog, but is still recovering from production and quality problems, which matters now for the aviation market 123.
SWOT
Strengths
- The company has a record order backlog, a broad presence across commercial aviation, defense and services, and a solid international customer base 12.
- Global Services brings recurring revenue from maintenance, training and parts, which can help stabilize results 13.
- The company retains access to undrawn credit facilities, giving financial flexibility 3.
Weaknesses
Opportunities
Risks
- Production and certification delayshigh
New programs and rate increases could slip if production systems or FAA approvals do not meet expectations 1. This could affect deliveries and costs.
- Dependence on government fundinghigh
Budget delays or government shutdowns could halt defense programs and certifications 1.
- Supply chainmedium
Suppliers facing financial difficulties or late deliveries could affect production schedules 13.
- Labor disputesmedium
Earlier strikes halted production, and contracts with several unions expire in coming years, which could bring new disruptions 1.
- Costs and inflationmedium
Rising material and labor costs could reduce margins on fixed-price contracts 1.
Investment thesis
What would need to be true (bull case)
- If production and deliveries keep rising, the record order backlog could convert into a significant share of demand as revenue 23.
- Stabilized operations and certification of new programs could restore customer confidence and ease cost pressure 2.
- The services segment could keep delivering steady revenue, especially if margins recover 13.
What to watch
- Trend in operating margin and free cash flowQ3 2026
- First delivery of the 777X program2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 28 Jul 2026; since then the company filed 10-Q (27 Oct 2026), 8-K (27 Oct 2026 · results).
The business
Boeing runs three reportable segments: Commercial Airplanes, which builds narrow-body and wide-body jets, Defense, Space & Security, which produces military aircraft, satellites and space systems, and Global Services, which offers parts, training, maintenance and digital solutions 1. Revenues in fiscal 2025 were 89,463 million dollars, and the company had about 182,000 employees on December 31, 2025 1.
Segments
Market context
The company operates in a commercial aircraft market where demand for single-aisle and wide-body jets remains above current supply, and where two major manufacturers dominate 1. Its forecast projects 3.1 percent growth in the global fleet over 20 years and demand for about 43,600 new airplanes 1.
In defense and services, demand remains solid, and non-U.S. orders form an important part of the portfolio 13. The aviation sector still relies on airline profits, financing and supply chains that remain under pressure 1.
Trends
- Strong airline demandtailwind
Sources indicate demand for wide-body and single-aisle airplanes remains above supply, supporting the order backlog 1. If this demand holds, it could support revenue growth in the coming years.
- Recovery of production and qualitymixed
The company says operations are more stable and key certification programs remain on plan, though supply chain productivity is still affected by inflation 23. If stability strengthens, production could reach planned rates.
- Defense budgets and funding interruptionsmixed
The company depends on U.S. government funding, and delayed budgets or shutdowns could affect deliveries and contracts 1. Shifts in acquisition priorities could also lead to program reductions or delays.
Competitive position
In commercial airplanes, the main rival is Airbus, while entrants from China are seeking greater market share 1. In defense and space, competitors include General Dynamics, Lockheed Martin, Northrop Grumman, RTX and SpaceX, and non-U.S. firms such as BAE Systems are expanding in the U.S. 1.
In services, Boeing faces the same defense and aviation competitors plus other specialized firms, and the market is described as highly competitive 1. The company aims to grow share through high customer satisfaction and productivity 1.
- Airbus
Main rival in wide-body and narrow-body commercial aircraft, described in the filing as an aggressive competitor for global market share.
- General DynamicsGD
Competitor in defense, named in the annual report for military aircraft and systems.
- Lockheed MartinLMT
Competitor in defense and space systems, named in the annual report.
- Northrop GrummanNOC
Competitor in defense and strategic systems, named in the annual report.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- Qantas Is Retiring Its Airbus A380s 4 Years Early Because It Trusts Its A350-1000 & Boeing 787 DeliveriesSimple Flying · 05 Nov 2026 · EN
- 7 Airlines With The Largest Dreamliner Fleets In 2026Simple Flying · 04 Nov 2026 · EN
- American Airlines Launches 10 New Boeing 777 Routes: See List & Map NowSimple Flying · 04 Nov 2026 · EN
- Un avion spion al NATO, de supraveghere aeriană, a fost observat lângă Iași, la câteva zile după ce o dronă a survolat zonaAntena 3 CNN · 04 Nov 2026 · RO
- 5 Boeing 787-9 Fleets With At Least 40 Business Class SeatsSimple Flying · 04 Nov 2026 · EN
- Why This Cargo Airline Broke 3 Decades Of Boeing Widebody Loyalty To Give Airbus 1 OrderSimple Flying · 04 Nov 2026 · EN
- Care e riscul unui conflict de muncă la TAROM Tehnic, care ar putea afecta zborurile operatorului național? Directorul general Florin Trăilă: Nu se pune problema de niciun fel de grevăMediafax · 04 Nov 2026 · RO
- Delta Air Lines' Boeing 757 Fleet Fell From 127 To 83 & Some Retired Jets Became Spare PartsSimple Flying · 04 Nov 2026 · EN
- Dozens Of Boeing 787s Face Checks Over Fuel Tanks That Could Ignite When Hit By LightningSimple Flying · 04 Nov 2026 · EN
- France tasks Naval Group to develop large oceangoing underwater droneDefense News (US, EN) · 04 Nov 2026 · EN
- Fresh Off FAA Approval, Boeing Lands 140-Jet 737 MAX 10 Order From Major LessorSimple Flying · 04 Nov 2026 · EN
- Why It Took Years For Boeing To Finally Get The Orders For The 787-10 It Always WantedSimple Flying · 04 Nov 2026 · EN
- WestJet Vs. Porter Airlines: Which Carrier Is More Premium In 2026?Simple Flying · 04 Nov 2026 · EN
- The One 737 Variant That Saved Boeing's Narrowbody LineSimple Flying · 03 Nov 2026 · EN
- Alertă cu bombă pe aeroporturile europene. Avioane LOT, SAS și Ryanair, vizate de amenințări - Capital.roCapital.ro · 03 Nov 2026 · RO
- Serie de amenințări cu bombă pe aeroporturile din Europa: Un avion verificat în Spania, două aeronave inspectate la Roma. Alerte la VarșoviaSpotMedia.ro · 03 Nov 2026 · RO
- Boeing Predicts China’s Airliner Fleet Will Double To Almost 10,000Simple Flying · 03 Nov 2026 · EN
- Saudia возобновит рейсы между Москвой и Джиддой с 1 декабряKommersant (RU) · 03 Nov 2026 · RU
- United Airlines Threw Away A Damaged 25-Year Airbus A320, But Repaired A Fuselage-Wrinkled Boeing 767 Much OlderSimple Flying · 03 Nov 2026 · EN
- British Airways Axes 6 Boeing 787 Routes From Heathrow: See Full List NowSimple Flying · 03 Nov 2026 · EN
SEC filings
- Quarterly report27 Oct 2026
- Current report27 Oct 2026Results of operations · Financial statements and exhibits
- Current report28 Aug 2026Material agreement · Creation of a direct financial obligation · Financial statements and exhibits
- Current report21 Aug 2026Departure or appointment of officers
- Quarterly report28 Jul 2026
- Current report28 Jul 2026Results of operations · Financial statements and exhibits
- Quarterly report22 Apr 2026
- Current report22 Apr 2026Results of operations · Financial statements and exhibits
- Current report17 Apr 2026Shareholder vote
- Proxy statement06 Mar 2026
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / The Boeing Company · 30 Jan 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / The Boeing Company · 28 Jul 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / The Boeing Company · 28 Jul 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.