Boeing (BA) Gross Margin (2009 - 2026)
Boeing's (BA) quarterly Gross Margin came in at 9.83% in Q2 2026, down 87.0% year-over-year from 75.61% in Q2 2025, and down 14.23% quarter-over-quarter from 11.46% in Q1 2026.
Analysis
Boeing (BA) Gross Margin (2009 - 2026) Analysis & Trends
Boeing (BA) has reported Gross Margin for 18 consecutive years, with 9.83% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 87.0% year-over-year to 9.83% in Q2 2026; TTM through Jun 2026 was 4.68%, a 500.0% increase from a year earlier, with the FY2025 full-year figure at 4.79%, up 779.0% from the prior year.
- Gross Margin was 9.83% for Q2 2026 at Boeing, down from 11.46% in the prior quarter.
- Over five years, Gross Margin peaked at 12.76% in Q2 2022 and troughed at 19.66% in Q3 2024.
- A 5-year average of 4.94% and a median of 9.57% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 2611 bps in 2022 and tumbled 2609 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 9.33% in 2022, then jumped by 31 bps to 12.25% in 2023, then tumbled by 185 bps to 10.43% in 2024, then soared by 173 bps to 7.57% in 2025, then climbed by 30 bps to 9.83% in 2026.
- The last three Gross Margin figures came in at 9.83% (Q2 2026), 11.46% (Q1 2026), and 7.57% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rtx | 267.14 Bn | 258.84 Bn | 9.91 Bn | 40.09% |
| 2 | Boeing | 163.65 Bn | 143.63 Bn | 2.41 Bn | 9.83% |
| 3 | Howmet Aerospace | 93.36 Bn | 92.80 Bn | 951.00 Mn | 37.34% |
| 4 | Honeywell International | 65.01 Bn | 55.81 Bn | 3.65 Bn | 37.59% |
| 5 | TransDigm | 64.58 Bn | 61.80 Bn | 1.63 Bn | 59.39% |
| 6 | Heico | 43.72 Bn | 43.48 Bn | 580.99 Mn | 41.12% |
| 7 | AerCap Holdings | 24.34 Bn | 24.34 Bn | - | - |
| 8 | Woodward | 20.10 Bn | 19.62 Bn | 349.91 Mn | 31.53% |
| 9 | FTAI Aviation | 19.00 Bn | 18.66 Bn | 317.30 Mn | 33.29% |
| 10 | Textron | 13.90 Bn | 12.46 Bn | 304.00 Mn | 7.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 11.21% |