Company profile

Ticker
BA
Exchange
Website
CEO
David L. Calhoun
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
910425694

BA stock data

(
)

Calendar

29 Apr 20
6 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 16.91B 17.91B 19.98B 15.75B
Net income -641M -1.03B 1.15B -2.95B
Diluted EPS -1.11 -1.79 2.05 -5.21
Net profit margin -3.79% -5.75% 5.77% -18.72%
Operating income -1.35B -2.2B 1.26B -3.38B
Net change in cash 5.55B -278M 596M 2.33B
Cash on hand 15.04B 9.49B 9.76B 9.17B
Cost of revenue 16.77B 18.71B 16.93B 17.81B
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 76.56B 101.13B 94.01B 93.5B
Net income -677M 10.44B 8.46B 5.03B
Diluted EPS -1.12 17.85 13.85 7.83
Net profit margin -0.88% 10.32% 9.00% 5.38%
Operating income -1.98B 11.99B 10.34B 6.53B
Net change in cash 1.85B -1.18B 12M -2.5B
Cash on hand 9.49B 7.64B 8.81B 8.8B
Cost of revenue 72.09B 81.49B 76.61B 79.03B

Financial data from Boeing earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
1 Jul 20 Richardson John M Phantom Stock Units Common Stock Grant Aquire A No 0 269.8 0 899.48
1 Jul 20 Robert A Bradway Phantom Stock Units Common Stock Grant Aquire A No 0 451.91 0 5,282.54
4 May 20 Susan Doniz Common Stock Grant Aquire A No 0 1,500 0 1,500
61.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1730 2138 -19.1%
Opened positions 136 281 -51.6%
Closed positions 544 173 +214.5%
Increased positions 691 770 -10.3%
Reduced positions 789 852 -7.4%
13F shares
Current Prev Q Change
Total value 51.91B 123.9B -58.1%
Total shares 348.02M 381.51M -8.8%
Total puts 27.45M 21.25M +29.2%
Total calls 22.24M 14.5M +53.4%
Total put/call ratio 1.2 1.5 -15.8%
Largest owners
Shares Value Change
Vanguard 41.76M $6.23B +2.4%
BLK BlackRock 33.25M $4.96B -3.6%
Newport Trust 32.73M $4.88B +6.6%
Capital World Investors 30.56M $4.56B +15.1%
STT State Street 26.15M $3.9B -0.6%
N Price T Rowe Associates 19.48M $2.91B -34.9%
Capital International Investors 10.73M $1.6B +7.7%
Geode Capital Management 7.21M $1.07B +0.4%
NTRS Northern Trust 5.54M $826.1M -3.9%
Susquehanna International 5.19M $774.08M +2.7%
Largest transactions
Shares Bought/sold Change
N Price T Rowe Associates 19.48M -10.47M -34.9%
Public Investment Fund 4.79M +4.79M NEW
Capital World Investors 30.56M +4M +15.1%
Loomis Sayles & Co L P 3.15M +3.15M +372990.2%
Johanson Financial Advisors 9.56K -2.83M -99.7%
JHG Janus Henderson 2.28M -2.82M -55.2%
UBS UBS 2.28M -2.16M -48.6%
Newport Trust 32.73M +2.01M +6.6%
Advisor 1.7M +1.7M NEW
Marshall Wace North America 6.72K -1.3M -99.5%

Financial report summary

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Risks
  • The 737 MAX fleet is currently grounded, and we have temporarily suspended production of the 737 MAX. We are subject to a number of risks and uncertainties related to the 737 MAX. These risks include uncertainties regarding the timing and conditions of 737 MAX regulatory approvals, delays in the resumption of production, lower than planned production rates and/or delivery rates, increased considerations to customers, increased supplier costs and supply chain health, changes to the assumptions and estimates made in our financial statements regarding the 737 program, and potential outcomes of various 737 MAX-related legal proceedings and government investigations.
  • Our Commercial Airplanes and Global Services businesses depend heavily on commercial airlines, and are subject to unique risks.
  • Our Commercial Airplanes business depends on our ability to maintain a healthy production system, achieve planned production rate targets, successfully develop new aircraft or new derivative aircraft, and meet or exceed stringent performance and reliability standards.
  • Changes in levels of U.S. government defense spending or overall acquisition priorities could negatively impact our financial position and results of operations.
  • We conduct a significant portion of our business pursuant to U.S. government contracts, which are subject to unique risks.
  • We enter into fixed-price contracts which could subject us to losses if we have cost overruns.
  • We enter into cost-type contracts which also carry risks.
  • We enter into contracts that include in-orbit incentive payments that subject us to risks.
  • Our ability to deliver products and services that satisfy customer requirements is heavily dependent on the performance and financial stability of our subcontractors and suppliers, as well as on the availability of raw materials and other components.
  • We use estimates in accounting for many contracts and programs. Changes in our estimates could adversely affect our future financial results.
  • Competition within our markets and with respect to the products we sell may reduce our future contracts and sales.
  • We derive a significant portion of our revenues from non-U.S. sales and are subject to the risks of doing business in other countries.
  • Unauthorized access to our or our customers’ information and systems could negatively impact our business.
  • The outcome of litigation and of government inquiries and investigations involving our business is unpredictable and an adverse decision in any such matter could have a material effect on our financial position and results of operations.
  • A significant portion of our customer financing portfolio is concentrated among certain customers and in certain types of Boeing aircraft, which exposes us to concentration risks.
  • We may be unable to obtain debt to fund our operations and contractual commitments at competitive rates, on commercially reasonable terms or in sufficient amounts.
  • We may not realize the anticipated benefits of mergers, acquisitions, joint ventures/strategic alliances or divestitures.
  • Our insurance coverage may be inadequate to cover all significant risk exposures.
  • Business disruptions could seriously affect our future sales and financial condition or increase our costs and expenses.
  • Some of our and our suppliers’ workforces are represented by labor unions, which may lead to work stoppages.
  • Substantial pension and other postretirement benefit obligations have a material impact on our earnings, shareholders’ equity and cash flows from operations, and could have significant adverse impacts in future periods.
  • Our operations expose us to the risk of material environmental liabilities.
Management Discussion
  • Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
  • We are a global market leader in the design, development, manufacture, sale, service and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems and services. We are one of the two major manufacturers of 100+ seat airplanes for the worldwide commercial airline industry and one of the largest defense contractors in the U.S. While our principal operations are in the U.S., we conduct operations in an expanding number of countries and rely on an extensive network of non-U.S. partners, key suppliers and subcontractors.
  • Our strategy is centered on successful execution in healthy core businesses – Commercial Airplanes (BCA), Defense, Space & Security (BDS), and Global Services (BGS) – supplemented and supported by Boeing Capital (BCC). Taken together, these core businesses have historically generated substantial earnings and cash flow that permit us to invest in new products and services. We focus on producing the products and providing the services that the market demands, and continue to find new ways to improve efficiency and quality to provide a fair return for our shareholders. BCA is committed to being the leader in commercial aviation by offering airplanes and services that deliver superior design, safety, efficiency and value to customers around the world. BDS integrates its resources in defense, intelligence, communications, security, space and services to deliver capability-driven solutions to customers at reduced costs. Our BDS strategy is to leverage our core businesses to capture key next-generation programs while expanding our presence in adjacent and international markets, underscored by an intense focus on growth and productivity. BGS provides support for commercial and defense through innovative, comprehensive, and cost-competitive product and service solutions. BCC facilitates, arranges, structures and provides selective financing solutions for our Boeing customers.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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