Boeing (BA)

Industrials · Aerospace & Defense · S&P 500
$187.40 -1.27% on the day Market cap $135.4B 52-week range $176.77 to $254.35 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Boeing's free cash flow was negative in fiscal 2025, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

D

Five factors scored 1 to 9 from BA's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation3
Profitability4
Growth5
Financial health2
Cash efficiency0

Key numbers

P/E (trailing)67.6x
P/E (forward)708.1x
Price / free cash flow—
EV / EBITDA23.2x
Price / sales1.44x
Price / book24.4x
Revenue growth+8.0%
Operating margin4.9%
Net margin2.6%
Return on equity39.9%
Dividend yield—
Debt / equity26.2x

Results from SEC filings

Fiscal years, from Boeing's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
Revenue$62.3B$66.6B$77.8B$66.5B$89.5B
Net income-$4.2B-$4.9B-$2.2B-$11.8B$2.2B
Free cash flow-$4.4B$2.3B$4.4B-$14.3B-$1.9B
EPS (diluted)-$7.15-$8.30-$3.67-$18.36$2.48
Operating margin-4.6%-5.3%-0.99%-16.1%4.8%

Where the revenue comes from

Revenue by segments, fiscal 2025.

Commercial Airplanes$41.5B46%
Defense, Space & Security$27.2B30%
Global Services$20.9B23%

Superinvestors who own BA

From each investor's latest 13F filing (what a 13F shows). 9 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Andreas Halvorsen
Viking Global Investors
Added $709M2.0%Q2 2026
Cliff Asness
AQR Capital Management
Added $624M0.22%Q2 2026
PRIMECAP Management
PRIMECAP Management Co
Added $225M0.13%Q2 2026
Hersh Cohen
ClearBridge Investments
Trimmed $186M0.15%Q2 2026
David Tepper
Appaloosa Management
New position $173M2.2%Q2 2026
Mario Gabelli
GAMCO Investors
Added $25M0.22%Q2 2026
Eric Marshall
Hodges Capital Management
Added $14M0.90%Q2 2026
Joel Greenblatt
Gotham Asset Management
Added $2M0.00%Q2 2026
Murray Stahl
Horizon Kinetics LLC
Held $217,7690.00%Q2 2026

Insider buying

Open-market purchases by Boeing's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

DateInsiderSharesPriceValue
Mar 19, 2026 Maria Elvira Salazar
0$201.36—
Mar 19, 2026 Maria Elvira Salazar
0$201.36—
Mar 19, 2026 Maria Elvira Salazar
0$201.36—
Mar 19, 2026 Maria Elvira Salazar
0$201.36—
Mar 3, 2026 Mortimer J Buckley
2,230$224.20$499,966
Feb 2, 2026 Julia Letlow
0$233.04—
Feb 2, 2026 Julia Letlow
0$233.04—
Dec 19, 2025 Gilbert Ray Cisneros, Jr.
0$214.18—
Dec 19, 2025 Gilbert Ray Cisneros, Jr.
0$214.18—
Nov 24, 2025 Dana S Deasy
554$178.88$99,100

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Boeing insiders buying the stock?

10 open-market insider purchases of BA in the last 12 months, from SEC Form 4 filings.

Which superinvestors own Boeing?

9 of the superinvestors Investingly tracks hold BA in their latest 13F, including Andreas Halvorsen, Cliff Asness, PRIMECAP Management.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.