Boeing (BA) Gross Margin (2009 - 2026)
Boeing's Gross Margin came in at 8.96% for Q3 2026, up 19.17 percentage points from -10.21% a year earlier but down 0.87 percentage points from the prior quarter.
Boeing (BA) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Boeing reported Gross Margin of 9.42%, up 8.32 percentage points year-over-year; for FY2025, it was 4.79%, up 7.79 percentage points from FY2024.
- Gross Margin carries a five-year change of +14.57 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was -2.99% in FY2024 (-12.92 pp), 9.93% in FY2023 (+4.63 pp), 5.30% in FY2022 (+0.40 pp) and 4.90% in FY2021 (+14.67 pp).
- The five-year range for quarterly Gross Margin is -19.66% (Q3 2024) to 12.76% (Q2 2022).
- Year-over-year, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +3.33 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2022 (a gain of 26.11 percentage points), and the weakest in Q3 2024 (a drop of 26.09 percentage points).
- Business Quant data shows BA's Gross Margin at 9.83% (Q2 2026), 11.46% (Q1 2026) and 7.57% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,722.87 Bn | 1,722.87 Bn | 9.10 Bn | 62.42% |
| 2 | General Electric | 345.20 Bn | 303.72 Bn | 5.02 Bn | 35.57% |
| 3 | Rtx | 269.97 Bn | 238.24 Bn | 5.81 Bn | 23.25% |
| 4 | Lockheed Martin | 137.94 Bn | 122.17 Bn | 2.44 Bn | 11.76% |
| 5 | Boeing | 136.62 Bn | 45.58 Bn | 2.17 Bn | 8.96% |
| 6 | General Dynamics | 98.71 Bn | 83.95 Bn | 2.25 Bn | 15.44% |
| 7 | Howmet Aerospace | 88.13 Bn | 83.88 Bn | 1.00 Bn | 37.11% |
| 8 | Motorola Solutions | 86.35 Bn | 82.81 Bn | 1.77 Bn | 52.37% |
| 9 | Northrop Grumman | 77.53 Bn | 64.99 Bn | 2.35 Bn | 21.15% |
| 10 | Honeywell International | 72.26 Bn | 31.77 Bn | 2.02 Bn | 40.41% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.96% |
| Jun 30, 2026 | 9.83% |
| Mar 31, 2026 | 11.46% |
| Dec 31, 2025 | 7.57% |
| Sep 30, 2025 | -10.21% |
| Jun 30, 2025 | 10.70% |
| Mar 31, 2025 | 12.40% |
| Dec 31, 2024 | -10.43% |
| Sep 30, 2024 | -19.66% |
| Jun 30, 2024 | 7.29% |
| Mar 31, 2024 | 11.32% |
| Dec 31, 2023 | 12.25% |
| Sep 30, 2023 | 6.44% |
| Jun 30, 2023 | 9.82% |
| Mar 31, 2023 | 10.73% |
| Dec 31, 2022 | 9.33% |
| Sep 30, 2022 | -5.11% |
| Jun 30, 2022 | 12.76% |
| Mar 31, 2022 | 2.52% |
| Dec 31, 2021 | -16.78% |
Boeing Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();