Industrials · Aerospace & Defense

Boeing: revenue, profit and dividends

In fiscal 2025, Boeing had revenue of $89.5B, down 0.7% a year on average since 2015, and net income of $2.23B (2.5% of revenue). It has 10% more shares than in 2015.

Revenue, fiscal 2025

$89.5B−0.7% a year

average annual revenue growth since 2015 · +34.5% vs 2024

Net income, 2025

$2.23B

2.5% of revenue

Diluted EPS, 2025

$2.48

−10.4% a year since 2015

Revenue growth, 5 years

9.0% a year

since 2020

Shares, 2025

762M

+9.7% since 2015

Free cash flow, 2025

−$1.88B

$1.06B from operations − $2.94B capex

Ticker: BA · NYSE
Sector: Industrials
Sub-industry: Aerospace & Defense
Headquarters: Arlington, Virginia
Founded: 1916
In the S&P 500 since: March 4, 1957, the index’s first day
Latest fiscal year: 2025, ended December 31, 2025
SEC filer: Boeing Co · CIK 0000012927

Revenue and net income

Revenue went from $66.4B in 2007 to $89.5B in 2025. Net loss in 2019–2024.

RevenueNet income

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from $5.28 in 2007 to $2.48 in 2025. Ten-year growth: −10.4% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Dividends per share

No dividend per share for 2025 in the data.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

9.7% more shares in 2025 than in 2015 (695M → 762M): new shares outweighed buybacks.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was −$1.88B in 2025, −2.1% of revenue. Negative in 2008, 2019–2021, 2024–2025.

Operating cash flowCapital expenditureFree cash flow

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal year	Revenue	Net income	Net margin	Diluted EPS	Dividend	Shares	Operating cash flow	Capex	Free cash flow
2025	$89.5B	$2.23B	2.5%	$2.48	—	762M	$1.06B	$2.94B	−$1.88B
2024	$66.5B	−$11.8B	−17.8%	−$18.36	—	647M	−$12.1B	$2.23B	−$14.3B
2023	$77.8B	−$2.22B	−2.9%	−$3.67	—	606M	$5.96B	$1.53B	$4.43B
2022	$66.6B	−$4.93B	−7.4%	−$8.30	—	595M	$3.51B	$1.22B	$2.29B
2021	$62.3B	−$4.2B	−6.7%	−$7.15	—	588M	−$3.42B	$980M	−$4.4B
2020	$58.2B	−$11.9B	−20.4%	−$20.88	—	569M	−$18.4B	$1.3B	−$19.7B
2019	$76.6B	−$636M	−0.8%	−$1.12	$8.22	565M	−$2.45B	$1.83B	−$4.28B
2018	$101B	$10.5B	10.3%	$17.85	$7.19	586M	$15.3B	$1.72B	$13.6B
2017	$94B	$8.46B	9.0%	$13.85	$5.97	610M	$13.3B	$1.74B	$11.6B
2016	$93.5B	$5.03B	5.4%	$7.83	$4.69	643M	$10.5B	$2.61B	$7.88B
2015	$96.1B	$5.18B	5.4%	$7.44	$3.82	695M	$9.36B	$2.45B	$6.91B
2014	$90.8B	$5.45B	6.0%	$7.38	$3.10	737M	$8.86B	$2.24B	$6.62B
2013	$86.6B	$4.58B	5.3%	$5.96	$2.19	768M	$8.18B	$2.1B	$6.08B
2012	$81.7B	$3.9B	4.8%	$5.11	$1.80	762M	$7.51B	$1.7B	$5.8B
2011	$68.7B	$4.02B	5.8%	$5.34	$1.70	751M	$4.02B	$1.71B	$2.31B
2010	$64.3B	$3.31B	5.1%	$4.45	$1.68	741M	$2.95B	$1.12B	$1.83B
2009	$68.3B	$1.31B	1.9%	$1.84	$1.68	713M	$5.6B	$1.19B	$4.42B
2008	$60.9B	$2.67B	4.4%	$3.67	$1.62	729M	−$401M	$1.67B	−$2.08B
2007	$66.4B	$4.07B	6.1%	$5.28	$1.45	—	$9.58B	$1.73B	$7.85B