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Boeing BA Pension Expense

Pension Expense at other companies

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$92M-17.9%
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-$167M-3.1%
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Other financials

Income statement

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Revenue$24.6B+8.0%
Gross profit$2.4B-0.9%
Operating income$156.0M+189%
Net income-$444.0M+27.3%
EPS (diluted)-$0.67+27.2%

Balance sheet

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Cash & equivalents$7.2B+2.1%
Total debt$45.9B-13.9%
Total equity$6.1B+285%
Total assets$165.87B+6.9%

Cash flow

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Operating cash flow$1.4B
CapEx$733.0M+71.7%
Free cash flow-$1.5B+36.5%

Valuation

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Market cap$189.84B+11.6%
Enterprise value$228.5B+5.6%
P/E78×
P/S-0.2×

Profitability

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Gross margin4.7%+4.4pp
Operating margin4.9%+2.9pp
Net margin2.6%+1.4pp
FCF margin-11.3%+15.2pp

Returns & leverage

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Return on equity1,504.4%
Debt / equity7.5×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Boeing in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPensionAndPostretirementObligations.

The source filing: Boeing’s 10-K, filed January 30, 2026.

Filed
Jan 30, 2026, 2:24 PM EST
Fiscal year
FY2025
Accession
0001628280-26-004357
(Dollars in millions) / Years ended December 31,202520242023
Accrued liabilities1,3411,563779
Income taxes receivable, payable and deferred115(567)44
Other long-term liabilities(346)(329)(313)
Pension and other postretirement plans(593)(959)(1,049)
Financing receivables and operating lease equipment, net274512571
Other324202119
Net cash provided/(used) by operating activities1,065(12,080)5,960
Cash flows – investing activities:

Item 8. Financial Statements and Supplementary Data

FAQ

What is Boeing's pension expense?
Boeing (BA) reported pension expense of -$157M in Q4 2025.
How has Boeing's pension expense changed year-over-year?
Boeing's pension expense increased by 29.6% year-over-year, from -$223M to -$157M.
What is the long-term trend for Boeing's pension expense?
Over 4 years (2021 to 2025), Boeing's pension expense has grown at a -11.6% compound annual growth rate (CAGR), from -$972M to -$593M.
What does pension expense mean?
Non-cash pension and postretirement benefit expense that exceeds or falls short of cash contributions to the plans.

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