Company Description
Current Stock Price
$246.35
Market Capitalization
$193.37 billion
Valuation
Boeing carries a forward P/E multiple of -18.42x based on trailing GAAP losses. This negative multiple reflects the ongoing impact of heavy R&D for the 777X program and legacy defense contract charges, though the market has recently re-rated the stock higher on expectations of positive 2026 cash flow.
Boeing reported fourth-quarter revenue of $23.95 billion, a 57% increase year-over-year. The quarter’s results were heavily influenced by a $9.6 billion gain associated with closing the Digital Aviation Solutions transaction, which drove GAAP earnings per share to $10.23. Core earnings per share (non-GAAP) were $9.92, significantly outperforming the consensus estimate of a $0.45 loss.