Boeing (BA) Operating Margin (2009 - 2026)
Boeing (BA) reported Operating Margin of 1.46% for Q3 2026, up 22.01 percentage points from -20.55% a year earlier and up 0.83 percentage points from the prior quarter.
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Analysis
Boeing (BA) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Boeing's Operating Margin came in at 10.26%, up 20.49 percentage points year-over-year; for FY2025, it was 4.79%, up 20.88 percentage points from FY2024.
- Operating Margin has a five-year change of +26.74 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at -16.10% in FY2024 (-15.10 pp), -0.99% in FY2023 (+4.29 pp), -5.28% in FY2022 (-0.68 pp) and -4.61% in FY2021 (+17.34 pp).
- Five-year quarterly Operating Margin spans a low of -32.29% in Q3 2024 and a high of 36.65% in Q4 2025.
- Year over year, Operating Margin gained in six of the last eight quarters, with an average year-over-year change of +9.84 percentage points.
- The high point for year-over-year Operating Margin in five years was Q4 2025 (a gain of 61.38 percentage points); the low point was Q3 2024 (a drop of 27.83 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 0.64% (Q2 2026), 2.02% (Q1 2026) and 36.65% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 339.69 Bn | 298.21 Bn | 5.02 Bn | -47.62% |
| 2 | Rtx | 265.90 Bn | 234.17 Bn | 5.81 Bn | 13.37% |
| 3 | Boeing | 141.68 Bn | 50.64 Bn | 2.17 Bn | 1.46% |
| 4 | Lockheed Martin | 140.71 Bn | 124.94 Bn | 2.44 Bn | 11.80% |
| 5 | General Dynamics | 99.12 Bn | 86.23 Bn | 2.18 Bn | 10.36% |
| 6 | Howmet Aerospace | 86.37 Bn | 82.12 Bn | 1.00 Bn | 28.75% |
| 7 | Motorola Solutions | 81.13 Bn | 77.47 Bn | 1.68 Bn | 25.82% |
| 8 | Northrop Grumman | 74.95 Bn | 62.41 Bn | 2.35 Bn | 11.41% |
| 9 | Honeywell International | 71.67 Bn | 23.80 Bn | 3.65 Bn | 18.37% |
| 10 | TransDigm | 70.09 Bn | 58.09 Bn | 1.63 Bn | 44.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.46% |
| Jun 30, 2026 | 0.64% |
| 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% |
API Access
Boeing Operating 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=operating-margin&ticker=BA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=BA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();