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Boeing Co (BA-PA) Stock Fundamental Analysis & AI Rating 2026

BA-PA NYSE Aircraft DE CIK: 0000012927
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
80% Confidence
STRONG AGREEMENT
SELL
78% Conf
SELL
82% Conf

📊 BA-PA Key Takeaways

Revenue: $89.5B
Net Margin: 2.5%
Free Cash Flow: $-1.9B
Current Ratio: 1.19x
Debt/Equity: 9.87x
EPS: $2.48
AI Rating: SELL with 78% confidence
Boeing Co (BA-PA) receives a SELL rating with 80% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $89.5B, net profit margin of 2.5%, and return on equity (ROE) of 41.0%, Boeing Co demonstrates mixed fundamentals in the Automotive sector. Below is our complete BA-PA stock analysis for 2026.

Is Boeing Co (BA-PA) a Good Investment?

Claude

Boeing faces severe operational challenges despite revenue growth, with razor-thin profitability margins (2.5% net margin) and negative free cash flow (-$1.9B) indicating the company is burning cash despite $89.5B in revenues. The extreme leverage (9.87x debt-to-equity) combined with $53.8B in long-term debt creates significant financial vulnerability, while modest operating margins of 4.8% provide minimal cushion for industry cyclicality or operational disruptions.

ChatGPT

Boeing is showing a meaningful top-line recovery, with revenue up 34.5% year over year and net income improving, but the quality of that recovery remains weak given razor-thin margins and negative free cash flow. The balance sheet is still highly stressed, with very high leverage and minimal equity support, which limits financial flexibility and raises execution risk if operating performance slips.

Why Buy Boeing Co Stock? BA-PA Key Strengths

Claude
  • + Strong revenue growth of 34.5% year-over-year demonstrates demand recovery in aerospace sector
  • + Substantial operating cash flow of $1.1B shows some underlying business cash generation capability
  • + Healthy cash position of $10.9B provides near-term liquidity buffer for debt obligations
ChatGPT
  • + Revenue growth is strong, indicating improving delivery volume and demand recovery
  • + The company returned to positive operating and net income, showing better earnings momentum
  • + Liquidity is adequate near term, with current and quick ratios above 1.0 and nearly $10.9B of cash

BA-PA Stock Risks: Boeing Co Investment Risks

Claude
  • ! Negative free cash flow of -$1.9B indicates capital expenditures ($2.9B) far exceed operating cash generation, unsustainable long-term
  • ! Extreme leverage with 9.87x debt-to-equity ratio and $53.8B long-term debt creates refinancing and solvency risk
  • ! Dangerously low net margin of 2.5% with gross margin only 4.8% leaves minimal profitability buffer for adverse conditions
  • ! Interest coverage ratio unavailable, but debt service on $53.8B at current rates likely consumes significant portion of operating income
ChatGPT
  • ! Profitability remains fragile, with gross and operating margins only 4.8% and net margin 2.5%
  • ! Free cash flow is negative, suggesting earnings are not yet translating into durable cash generation
  • ! Leverage is extremely high, with $53.85B of long-term debt and debt-to-equity near 9.9x

Key Metrics to Watch

Claude
  • * Free cash flow trend - critical to monitor whether FCF returns to positive; currently unsustainable
  • * Debt/Equity trajectory - any further deterioration increases financial distress risk
  • * Operating margin expansion - need to see improvement beyond 4.8% to justify debt burden
  • * Capital expenditure discipline - $2.9B CapEx must decline or operating cash flow must increase substantially
ChatGPT
  • * Free cash flow and operating cash flow conversion
  • * Operating margin expansion and debt reduction

Boeing Co (BA-PA) Financial Metrics & Key Ratios

Revenue
$89.5B
Net Income
$2.2B
EPS (Diluted)
$2.48
Free Cash Flow
$-1.9B
Total Assets
$168.2B
Cash Position
$10.9B

💡 AI Analyst Insight

Boeing Co presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

BA-PA Profit Margin, ROE & Profitability Analysis

Gross Margin 4.8%
Operating Margin 4.8%
Net Margin 2.5%
ROE 41.0%
ROA 1.3%
FCF Margin -2.1%

BA-PA vs Automotive Sector: How Boeing Co Compares

How Boeing Co compares to Automotive sector averages

Net Margin
BA-PA 2.5%
vs
Sector Avg 6.0%
BA-PA Sector
ROE
BA-PA 41.0%
vs
Sector Avg 12.0%
BA-PA Sector
Current Ratio
BA-PA 1.2x
vs
Sector Avg 1.2x
BA-PA Sector
Debt/Equity
BA-PA 9.9x
vs
Sector Avg 1.0x
BA-PA Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Boeing Co Stock Overvalued? BA-PA Valuation Analysis 2026

Based on fundamental analysis, Boeing Co has mixed fundamental signals relative to the Automotive sector in 2026.

Return on Equity
41.0%
Sector avg: 12%
Net Profit Margin
2.5%
Sector avg: 6%
Revenue Growth
N/A
Year-over-year
Debt/Equity
9.87x
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Boeing Co Balance Sheet: BA-PA Debt, Cash & Liquidity

Current Ratio
1.19x
Quick Ratio
1.18x
Debt/Equity
9.87x
Debt/Assets
96.8%
Interest Coverage
N/A
Long-term Debt
$53.8B

BA-PA Revenue & Earnings Growth: 5-Year Financial Trend

BA-PA 5-year financial data: Year 2021: Revenue $76.6B, Net Income -$636.0M, EPS $-1.12. Year 2022: Revenue $66.6B, Net Income -$11.9B, EPS $-20.88. Year 2023: Revenue $77.8B, Net Income -$4.2B, EPS $-7.15. Year 2024: Revenue $77.8B, Net Income -$4.9B, EPS $-8.30. Year 2025: Revenue $89.5B, Net Income -$2.2B, EPS $-3.67.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Boeing Co's revenue has grown significantly by 17% over the 5-year period, indicating strong business expansion. The most recent EPS of $-3.67 indicates the company is currently unprofitable.

BA-PA Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-2.1%
Free cash flow / Revenue

BA-PA Quarterly Earnings & Performance

Quarterly financial performance data for Boeing Co including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $17.8B -$5.3B $-7.14
Q2 2025 $16.9B -$611.0M $-0.92
Q1 2025 $16.6B -$37.0M $-0.16
Q3 2024 $17.8B -$1.6B $-2.70
Q2 2024 $16.9B -$149.0M $-0.25
Q1 2024 $16.6B -$343.0M $-0.56
Q3 2023 $16.0B -$1.6B $-2.70
Q2 2023 $16.7B -$149.0M $-0.25

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Boeing Co Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$1.1B
Cash generated from operations
Stock Buybacks
$2.7B
Shares repurchased (TTM)
Capital Expenditures
$2.9B
Investment in assets
Dividends Paid
$331.0M
Returned to shareholders

BA-PA SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Boeing Co (CIK: 0000012927)

📋 Recent SEC Filings

Date Form Document Action
Apr 3, 2026 4 xslF345X06/doc4.xml View →
Apr 3, 2026 4 xslF345X06/doc4.xml View →
Apr 3, 2026 4 xslF345X06/doc4.xml View →
Apr 3, 2026 4 xslF345X06/doc4.xml View →
Apr 3, 2026 4 xslF345X06/doc4.xml View →

Frequently Asked Questions about BA-PA

What is the AI rating for BA-PA?

Boeing Co (BA-PA) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BA-PA's key strengths?

Claude: Strong revenue growth of 34.5% year-over-year demonstrates demand recovery in aerospace sector. Substantial operating cash flow of $1.1B shows some underlying business cash generation capability. ChatGPT: Revenue growth is strong, indicating improving delivery volume and demand recovery. The company returned to positive operating and net income, showing better earnings momentum.

What are the risks of investing in BA-PA?

Claude: Negative free cash flow of -$1.9B indicates capital expenditures ($2.9B) far exceed operating cash generation, unsustainable long-term. Extreme leverage with 9.87x debt-to-equity ratio and $53.8B long-term debt creates refinancing and solvency risk. ChatGPT: Profitability remains fragile, with gross and operating margins only 4.8% and net margin 2.5%. Free cash flow is negative, suggesting earnings are not yet translating into durable cash generation.

What is BA-PA's revenue and growth?

Boeing Co reported revenue of $89.5B.

Does BA-PA pay dividends?

Boeing Co pays dividends, with $331.0M distributed to shareholders in the trailing twelve months.

Where can I find BA-PA SEC filings?

Official SEC filings for Boeing Co (CIK: 0000012927) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BA-PA's EPS?

Boeing Co has a diluted EPS of $2.48.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is BA-PA a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Boeing Co has a SELL rating with 80% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BA-PA stock overvalued or undervalued?

Valuation metrics for BA-PA: ROE of 41.0% (sector avg: 12%), net margin of 2.5% (sector avg: 6%). Higher ROE suggests strong returns relative to peers.

Should I buy BA-PA stock in 2026?

Our dual AI analysis gives Boeing Co a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is BA-PA's free cash flow?

Boeing Co's operating cash flow is $1.1B, with capital expenditures of $2.9B. FCF margin is -2.1%.

How does BA-PA compare to other Automotive stocks?

Vs Automotive sector averages: Net margin 2.5% (avg: 6%), ROE 41.0% (avg: 12%), current ratio 1.19 (avg: 1.2).

Is Boeing Co carrying too much debt?

BA-PA has a debt-to-equity ratio of 9.87x, which is above the Automotive sector average of 1x. However, the current ratio of 1.19 suggests adequate short-term liquidity.

Why is BA-PA's return on equity (ROE) so high?

Boeing Co has a return on equity of 41.0%, significantly above the Automotive sector average of 12%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 2.5% net margin.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI