What is Boeing's EBITDA margin?

Latest reported EBITDA margin for Boeing (BA) is 7.94% as of the trailing twelve months (TTM) ending March 31, 2026.

How has Boeing EBITDA margin changed year-over-year?

Boeing (BA) EBITDA margin changed +19.7 percentage points year-over-year on the latest annual filing.

When did Boeing EBITDA margin hit its highest annual value?

Boeing EBITDA margin reached its highest annual value of 14.03% in 2018.

What was Boeing EBITDA margin in 2024?

Boeing (BA) EBITDA margin in 2024 was -11.50%.

What was Boeing EBITDA margin in 2025?

Boeing (BA) EBITDA margin in 2025 was 8.23%.

Boeing (BA) EBITDA Margin — Annual & Quarterly %

TTM

7.9%

YoY change

+19.73pp

Trough year (2020)

-17.3%

Peak year (2018)

14.0%

EBITDA Margin history chart for Boeing (BA) from 1985 to 2025

Latest: 8.2%

EBITDA Margin change chart for Boeing (BA) from 1985 to 2025

Latest: +19.73pp

EBITDA Margin history table for Boeing (BA) from 1985 to 2025


2025	8.2%	+19.73pp	Dec 31, 2025	Jan 30, 2026
2024	-11.5%	-14.48pp	Dec 31, 2024	Feb 3, 2025
2023	3.0%	+3.70pp	Dec 31, 2023	Jan 31, 2024
2022	-0.7%	-0.44pp	Dec 31, 2022	Jan 27, 2023
2021	-0.3%	+17.04pp	Dec 31, 2021	Jan 31, 2022
2020	-17.3%	-18.28pp	Dec 31, 2020	Feb 1, 2021
2019	1.0%	-13.08pp	Dec 31, 2019	Jan 31, 2020
2018	14.0%	+0.72pp	Dec 31, 2018	Feb 8, 2019
2017	13.3%	+4.78pp	Dec 31, 2017	Feb 12, 2018
2016	8.5%	-1.10pp	Dec 31, 2016	Feb 10, 2017
2015	9.6%	-0.69pp	Dec 31, 2015	Feb 10, 2016
2014	10.3%	+0.56pp	Dec 31, 2014	Feb 12, 2015
2013	9.8%	-0.22pp	Dec 31, 2013	Feb 14, 2014
2012	10.0%	-0.99pp	Dec 31, 2012	Feb 11, 2013
2011	11.0%	+0.45pp	Dec 31, 2011	Feb 9, 2012
2010	10.5%	+5.05pp	Dec 31, 2010	Feb 9, 2011
2009	5.5%	-3.87pp	Dec 31, 2009	Feb 8, 2010
2008	9.3%	-2.41pp	Dec 31, 2008	Feb 9, 2009
2007	11.7%	+3.66pp	Dec 31, 2007	Feb 15, 2008
2006	8.1%	-0.52pp	Dec 31, 2006	Feb 16, 2007
2005	8.6%	+1.36pp	Dec 31, 2005	Feb 28, 2006
2004	7.3%	+2.76pp	Dec 31, 2004	Feb 28, 2005
2003	4.5%	-4.75pp	Dec 31, 2003	Mar 12, 2004
2002	9.2%	-0.99pp	Dec 31, 2002	Feb 27, 2003
2001	10.2%	+0.64pp	Dec 31, 2001	Mar 8, 2002
2000	9.6%	+1.29pp	Dec 31, 2000	Mar 9, 2001
1999	8.3%	+2.62pp	Dec 31, 1999	Mar 8, 2000
1998	5.7%	+3.05pp	Dec 31, 1998	Mar 5, 1999
1997	2.6%	-7.96pp	Dec 31, 1997	Mar 4, 1998
1996	10.6%	+7.58pp	Dec 31, 1996	Mar 10, 1997
1995	3.0%	-7.46pp	Dec 31, 1995	Mar 13, 1996
1994	10.5%	-0.22pp	Dec 31, 1994	Mar 9, 1995
1993	10.7%	+0.73pp	Dec 31, 1993	Mar 17, 1994
1992	9.9%	+0.46pp	Dec 31, 1992	Dec 31, 1992
1991	9.5%	+1.48pp	Dec 31, 1991	Dec 31, 1991
1990	8.0%	+2.04pp	Dec 31, 1990	Dec 31, 1990
1989	6.0%	-0.03pp	Dec 31, 1989	Dec 31, 1989
1988	6.0%	+1.34pp	Dec 31, 1988	Dec 31, 1988
1987	4.6%	-2.05pp	Dec 31, 1987	Dec 31, 1987
1986	6.7%	-0.42pp	Dec 31, 1986	Dec 31, 1986
1985	7.1%	—	Dec 31, 1985	Dec 31, 1985

20258.2%+19.73pp
2024-11.5%-14.48pp
20233.0%+3.70pp
2022-0.7%-0.44pp
2021-0.3%+17.04pp
2020-17.3%-18.28pp
20191.0%-13.08pp
201814.0%+0.72pp
201713.3%+4.78pp
20168.5%-1.10pp
20159.6%-0.69pp
201410.3%+0.56pp
20139.8%-0.22pp
201210.0%-0.99pp
201111.0%+0.45pp
201010.5%+5.05pp
20095.5%-3.87pp
20089.3%-2.41pp
200711.7%+3.66pp
20068.1%-0.52pp
20058.6%+1.36pp
20047.3%+2.76pp
20034.5%-4.75pp
20029.2%-0.99pp
200110.2%+0.64pp
20009.6%+1.29pp
19998.3%+2.62pp
19985.7%+3.05pp
19972.6%-7.96pp
199610.6%+7.58pp
19953.0%-7.46pp
199410.5%-0.22pp
199310.7%+0.73pp
19929.9%+0.46pp
19919.5%+1.48pp
19908.0%+2.04pp
19896.0%-0.03pp
19886.0%+1.34pp
19874.6%-2.05pp
19866.7%-0.42pp
19857.1%—

EBITDA Margin values are taken from Boeing's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Boeing (BA)

According to Boeing's latest reported financial statements, the company's latest reported EBITDA margin is 7.9%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending March 31, 2026 (reported April 22, 2026). Chart and table below cover the full reported history back to 1985.

In 2025, Boeing (BA) EBITDA margin totalled 8.23% – expanded 19.7 percentage points year-over-year.

Across the available history, EBITDA margin reached its high of 14.03% in 2018 and its low of -17.32% in 2020.

Boeing EBITDA Margin by Year

Boeing EBITDA Margin 2025: 8.2%

In 2025, Boeing reported EBITDA margin of 8.23%, expanded 19.7 percentage points from 2024.

Boeing EBITDA Margin 2024: -11.5%

Boeing EBITDA margin in 2024 was -11.50%, contracted 14.5 percentage points from 2023.

Boeing EBITDA Margin 2023: 3.0%

2023's EBITDA margin for Boeing came in at 2.98%, expanded 3.7 percentage points from 2022.

Boeing EBITDA Margin 2022: -0.7%

Boeing posted EBITDA margin of -0.72% in 2022, contracted 0.4 percentage points from 2021.

Boeing EBITDA Margin 2021: -0.3%

Boeing EBITDA margin in 2021 was -0.28%.

See more financial history for Boeing (BA).

Sector peers by EBITDA Margin

Industrials peers of Boeing (BA), ranked by their latest EBITDA margin


Union Pacific (UNP)	52.5%
GE Aerospace (GE)	22.8%
Deere & Company (DE)	22.5%
Caterpillar (CAT)	21.6%
Eaton Corporation (ETN)	20.7%
Honeywell International (HON)	17.8%
RTX (RTX)	17.1%
Lockheed Martin (LMT)	10.8%

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