Question 1

What is Boeing's EV/EBITDA ratio?

Accepted Answer

Boeing (BA) EV/EBITDA ratio is 27.7× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Boeing?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Boeing specifically, the relevant sector benchmark is the current sector median of 16.2×.

Question 5

Is Boeing's EV/EBITDA ratio high or low?

Accepted Answer

Boeing's EV/EBITDA ratio of 27.7× is below its own 5-year average of 98.5× and above the sector median of 16.2×. That places the current reading at the 8th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Boeing's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Boeing (BA) EV/EBITDA ratio has ranged from a low of 5.6× in 2008 to a high of 283.1× in 2023. The 5-year average is 98.5× and the 5-year median is 80.6×.

Question 7

What was Boeing's EV/EBITDA ratio in 2025?

Accepted Answer

Boeing (BA) EV/EBITDA ratio at the end of 2025 was 26.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Boeing's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$166.77B	$7.36B	26.1×	—	Dec 31, 2025
2024	$127.10B	−$7.65B	—	—	Dec 31, 2024
2023	$149.88B	$2.31B	80.6×	—	Dec 31, 2023
2022	$113.93B	−$490.00M	—	—	Dec 31, 2022
2021	$118.81B	−$207.00M	—	—	Dec 31, 2021
2020	$123.03B	−$10.07B	—	—	Dec 31, 2020
2019	$183.81B	$734.00M	274.3×	+261.0×	Dec 31, 2019
2018	$184.04B	$14.19B	13.3×	-0.7×	Dec 31, 2018
2017	$175.93B	$12.57B	14.1×	+1.7×	Dec 31, 2017
2016	$96.55B	$7.78B	12.4×	+2.1×	Dec 31, 2016
2015	$97.60B	$9.26B	10.3×	+0.8×	Dec 31, 2015
2014	$92.95B	$9.38B	9.5×	-2.1×	Dec 31, 2014
2013	$103.25B	$8.46B	11.5×	+4.9×	Dec 31, 2013
2012	$57.13B	$8.17B	6.6×	-0.7×	Dec 31, 2012
2011	$54.27B	$7.56B	7.3×	-0.0×	Dec 31, 2011
2010	$47.57B	$6.75B	7.3×	-3.6×	Dec 31, 2010
2009	$39.13B	$3.74B	10.9×	+4.7×	Dec 31, 2009
2008	$30.25B	$5.51B	6.3×	-1.8×	Dec 31, 2008
2007	$65.54B	$7.98B	8.1×	-6.3×	Dec 31, 2007
2006	$68.23B	$4.98B	14.3×	+1.5×	Dec 31, 2006
2005	$54.41B	$4.62B	12.8×	-0.2×	Dec 31, 2005
2004	$40.80B	$3.80B	13.0×	-6.0×	Dec 31, 2004
2003	$34.61B	$2.33B	19.0×	+12.2×	Dec 31, 2003
2002	$24.61B	$5.41B	6.8×	-0.4×	Dec 31, 2002
2001	$31.05B	$5.96B	7.2×	—	Dec 31, 2001


MDU Resources Group (MDU)	12.9×
Automatic Data Processing (ADP)	12.6×
Canadian National Railway (CNI)	12.6×
Brady (BRC)	12.6×
Snap-on (SNA)	12.5×
Stanley Black & Decker (SWK)	12.5×
A. O. Smith (AOS)	12.1×
Franklin Electric Co. (FELE)	12.0×
Builders FirstSource (BLDR)	11.7×
Textron (TXT)	11.1×
ABM Industries (ABM)	10.7×
FedEx (FDX)	10.4×
Amentum Holdings (AMTM)	10.2×
Gartner (IT)	10.0×
United Rentals (URI)	9.4×
McGrath RentCorp (MGRC)	9.3×
United Parcel Service (UPS)	8.8×
Alamo Group (ALG)	8.4×
Alaska Air Group (ALK)	8.2×
Southwest Airlines (LUV)	8.0×
AGCO (AGCO)	7.4×
Matthews International (MATW)	7.0×
United Airlines Holdings (UAL)	5.6×
Delta Air Lines (DAL)	5.4×
Versant Media Group, Inc. Class A (VSNT)	3.0×

EV/EBITDA for Boeing (BA)

EV/EBITDA daily chart for Boeing (BA)

Historical EV/EBITDA for Boeing (BA) from 2001 to 2025

About EV/EBITDA at Boeing (BA)

Boeing EV/EBITDA by Year

Boeing EV/EBITDA 2025: 26.1×

Boeing EV/EBITDA 2023: 80.6×

Boeing EV/EBITDA 2019: 274.3×

Boeing EV/EBITDA 2018: 13.3×

Boeing EV/EBITDA 2017: 14.1×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Boeing (BA) Key Financials

EV/EBITDA daily chart for Boeing (BA)

Historical EV/EBITDA for Boeing (BA) from 2001 to 2025

About EV/EBITDA at Boeing (BA)

Boeing EV/EBITDA by Year

Boeing EV/EBITDA 2025: 26.1×

Boeing EV/EBITDA 2023: 80.6×

Boeing EV/EBITDA 2019: 274.3×

Boeing EV/EBITDA 2018: 13.3×

Boeing EV/EBITDA 2017: 14.1×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is Boeing's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for Boeing?

+Is Boeing's EV/EBITDA ratio high or low?

+What is Boeing's historical EV/EBITDA ratio range?

+What was Boeing's EV/EBITDA ratio in 2025?

+Why does Boeing's EV/EBITDA ratio change over time?

Boeing (BA) Key Financials