Boeing (BA-PA) Operating Margin (2009 - 2026)
Boeing (BA-PA) reported Operating Margin of 2.02% for Q1 2026, down 35.0% year-over-year from 3.1% in Q1 2025, and down 94.5% quarter-over-quarter from 36.65% in Q4 2025.
Boeing (BA-PA) Operating Margin (2009 - 2026) Analysis & Trends
Boeing (BA-PA) has 18 years of Operating Margin data on file, last reported at 2.02% in Q1 2026.
- Operating Margin for Q1 2026 came in at 2.02%, down 35.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.63% (up 1926.0% YoY), and the FY2025 annual result was 4.79%, up 2088.0% from the prior year.
- Operating Margin slipped to 2.02% in Q1 2026 per BA-PA's latest filing, from 36.65% in the prior quarter.
- Over five years, Operating Margin peaked at 36.65% in Q4 2025 and troughed at 32.29% in Q3 2024.
- A 5-year average of 4.22% and a median of 0.83% in 2023 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2025: Operating Margin plunged 2783 bps in 2024, then surged 6138 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 1.73% in 2022, then jumped by 174 bps to 1.29% in 2023, then tumbled by 2024 bps to 24.73% in 2024, then soared by 248 bps to 36.65% in 2025, then plunged by 94 bps to 2.02% in 2026.
- Business Quant data shows BA-PA's Operating Margin at 2.02% in Q1 2026, 36.65% in Q4 2025, and 20.55% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 4,964.60 Bn | 4,964.60 Bn | 456,459.43 | -90.05% |
| 2 | General Electric | 375.02 Bn | 364.28 Bn | 9.11 Bn | -8.61% |
| 3 | Rtx | 251.10 Bn | 246.00 Bn | 9.08 Bn | 11.57% |
| 4 | Boeing | 176.15 Bn | 155.24 Bn | 2.55 Bn | 2.02% |
| 5 | Lockheed Martin | 117.75 Bn | 115.86 Bn | 2.08 Bn | 11.45% |
| 6 | Howmet Aerospace | 111.79 Bn | 109.36 Bn | 854.00 Mn | 32.56% |
| 7 | Embraer | 94.69 Bn | 92.06 Bn | - | - |
| 8 | General Dynamics | 94.57 Bn | 90.92 Bn | 9.09 Bn | 10.53% |
| 9 | TransDigm | 77.14 Bn | 73.27 Bn | 1.51 Bn | 46.31% |
| 10 | Boeing | - | - | 2.55 Bn | 2.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.02% |
| Dec 31, 2025 | 36.65% |
| Sep 30, 2025 | -20.55% |
| Jun 30, 2025 | -0.77% |
| Mar 31, 2025 | 2.36% |
| Dec 31, 2024 | -24.73% |
| Sep 30, 2024 | -32.29% |
| Jun 30, 2024 | -6.46% |
| Mar 31, 2024 | -0.52% |
| Dec 31, 2023 | 1.29% |
| Sep 30, 2023 | -4.46% |
| Jun 30, 2023 | -0.50% |
| Mar 31, 2023 | -0.83% |
| Dec 31, 2022 | -1.73% |
| Sep 30, 2022 | -17.50% |
| Jun 30, 2022 | 4.68% |
| Mar 31, 2022 | -8.31% |
| Dec 31, 2021 | -27.98% |
| Sep 30, 2021 | 2.15% |
| Jun 30, 2021 | 6.02% |