The Boeing Company

BANYSEIndustrials● Active

$215.92

+$0.47(+0.22%)

Market Cap$170.2B

P/E Ratio—

52W High$254.35

52W Low$176.77

Avg Volume7.2M

Open$216.30

Beta1.20

Free Cash Flow Financials Revenue

The Boeing Company (BA) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

BA · free cash flow · updated Jun 8, 2026

Core FCF metrics

BA · FCF · TTM · margin & CAGR

Free cash flow was −$1.88B for FY2025 (fiscal year ending 2025-12-31), up 87.0% year-over-year The FCF margin was -2.1%.

FY2025 Free Cash Flow−$1.88B▲ +87.0% YoY

Trailing 12M (TTM)−$1.04Btrailing 4 quarters sum

FCF Margin-2.1%−$1.88B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

BA · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.06B(2.94B)−$1.88B▲ +87.0%-2.1%

FY2024−$12.08B(2.32B)−$14.40B▼ 424.8%-21.6%

FY2023$5.96B(1.53B)$4.43B▲ +93.6%5.7%

FY2022$3.51B(1.22B)$2.29B▲ +152.1%3.4%

FY2021−$3.42B(980M)−$4.40B▲ +77.7%-7.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

BA · P/FCF · FCF yield · FCF per share

The Boeing Company (BA) reported negative free cash flow of −$1.88B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

BA · cash flow statement · operating / investing / financing

For FY2025, The Boeing Company generated $1.06B in operating cash flow and spent 2.94B in capital expenditures, yielding −$1.88B in free cash flow.

Operating Activities

+$1.06B

Cash from core business operations

2025-12-31

Investing Activities

+$499.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$3.76B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.06B) − |CapEx| (2.94B) = FCF (−$1.88B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

BA vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

The Boeing CompanyYOU

−$1.88B+87.0%-2.1%

Loss

Union Pacific Corporation

UNP

$5.50B-6.7%22.4%

54%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

The Boeing Company (BA) reported free cash flow of −$1.88B for FY2025 (fiscal year ending 2025-12-31), up 87.0% year-over-year. The FCF margin was -2.1%.

Based on available data, The Boeing Company has maintained positive free cash flow for at least 10 fiscal year(s). FCF peaked at $13.53B in FY2018.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

BA free cash flow · 8 questions

The Boeing Company free cash flow was −$1.88B for FY2025, up 87.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$1.04B.

BA free cash flowBA FCFBA FCF 2025BA free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · The Boeing Company · The Boeing Company SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026