Latest revenue
$22.22B
as of 2026-03-31
Latest net income
$-4.0M
as of 2026-03-31
Net margin
-0.0%
as of 2026-03-31
Community sentiment
Where do you think BA is heading?
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BA vs S&P 500 · rebased to 100
Live market
delayed ≤15 min- Market cap
- $169.08B
- Enterprise value
- $206.85B
- P/E (trailing)
- 75.7×
- Forward P/E
- —
- P/B
- 28.24×
- Dividend yield
- 0.0%
- 52-wk high
- $254.35
- 52-wk low
- $176.77
- Beta
- —
- Shares out
- 788.3M
What this company does
Boeing designs and builds commercial jetliners, military aircraft, satellites, and weapons systems, and services the global fleet through maintenance, parts, and training contracts. Commercial Airplanes generates the largest share of revenue at $9.2 billion last quarter, followed by Defense, Space & Security and Global Services, with most defense work tied to long-term U.S. government contracts. Boeing is climbing back from heavy losses: revenue rose 14% year-over-year to $22.2 billion, the commercial unit still bleeds cash, and the company used the quarter to pay down $7 billion of debt.
Generated from BA's filing dated 2026-01-30
Key risks
- Commercial Airplanes posted a $563M Q1 operating loss, widening from $537M a year ago despite revenue growth to $9.2B.
- Highly leveraged: $47.2B total debt vs. only $6.0B equity; Q1 interest expense of $616M consumed most operating earnings.
- Inventory ballooned to $87.2B and operating cash flow remained negative ($179M used), straining liquidity as cash fell to $9.4B.
Generated from BA's filing dated 2026-01-30
ActaClear Score
Computed from 5 years of SEC fundamentals + latest market data, ranked within Aircraft (14 peers). 10 = best in industry, 5 = median, 0 = worst. Refreshed Jun 10, 2026.
Fair value · DCF
Methodology + caveats (click to expand)
Method. 10-year forecast of free cash flow, discounted at the company's WACC, with a Gordon-growth terminal at year 10. FCF is proxied by last fiscal-year net income (proper FCF needs CFO − CapEx by year, which we don't store yet). Beta defaults to 1.0 when not reported.
Why DCF is fragile. Treat the output as a thinking aid, not a verdict. Honest weaknesses of any DCF:
- Growth is the dominant assumption. No one can foresee 10 years of growth — small changes in the slider can double or halve fair value. The reverse-DCF readout above tells you what the market is implicitly assuming; ask yourself whether that's realistic before trusting either number.
- Terminal value dominates. In most DCFs, 60-80% of the answer comes from the terminal-value calculation — i.e., everything AFTER year 10. A 0.5pp change in terminal growth, or in WACC, can swing fair value by 20-30%.
- WACC is itself a guess. We use a textbook CAPM cost of equity (Rf 4.3%, MRP 5.5%, β from the quote) plus a 6% pretax cost of debt — none of these are the company's actual marginal financing cost.
- No moat / disruption modelling. The model assumes the company keeps earning whatever it earns today, compounding cleanly. Competitive shifts, regulatory action, and technology disruption can invalidate the forecast overnight.
- Net income ≠ free cash flow. For capex-heavy names (semis, telcos) net income overstates distributable cash. For low-capex names (software) it understates. Both reduce the precision of the FV figure.
- Reflexivity. A high stock price often becomes a self-fulfilling prophecy via better hiring, financing, and customer trust. DCF can't see this.
Take the DCF, the reverse-DCF implied growth, the historical multiples, and the community sentiment together. When they agree, conviction. When they disagree, the disagreement is the most informative thing on the page.