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Boeing BA Gross margin

Gross margin at other companies

L3Harris Technologies logo
L3Harris TechnologiesLHX
25.5%-0.6pp
Lockheed Martin logo
Lockheed MartinLMT
9.8%-0.3pp
General Electric logo
General ElectricGE
37.2%+2.1pp
Woodward logo
WoodwardWWD
28.4%+2.6pp
Honeywell International logo
Honeywell InternationalHON
30.8%-1.3pp
Eaton Corporation logo
Eaton CorporationETN
36.9%-1.6pp

Other financials

Income statement

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Revenue$22.2B+14.0%
Gross profit$2.5B+5.3%
Operating income$448.0M-2.8%
Net income-$4.0M+89.2%
EPS (diluted)-$0.11+31.3%

Balance sheet

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Cash & equivalents$9.4B-6.9%
Total equity$6.0B+280%
Total assets$164.79B+5.3%

Cash flow

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Operating cash flow-$179.0M+88.9%
CapEx$1.3B+89.2%
Free cash flow-$1.5B+36.5%

Valuation

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Market cap$177.86B+21.9%
P/E78.4×
P/S1.9×-0.2×

Profitability

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Operating margin4.6%+2.6pp
Net margin2.5%+1.3pp

Returns & leverage

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Return on equity1,504.4%
Debt / equity10.4×
Current ratio1.2×-0.1×

Where this comes from

Calculated from Boeing’s reported figures.

Based on trailing twelve months.

The official record: Boeing’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Boeing's gross margin?
Boeing (BA) reported gross margin of 4.8% in Q1 2026.
How has Boeing's gross margin changed year-over-year?
Boeing's gross margin increased by 329.5% year-over-year, from -2.1% to 4.8%.
What is the long-term trend for Boeing's gross margin?
Over 2 years (2023 to 2025), Boeing's gross margin has grown at a -67.5% compound annual growth rate (CAGR), from 32.9% to 3.5%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.