Boeing (BA) Return on Capital Employed [ROCE] (2009 - 2026)
Boeing (BA) reported Return on Capital Employed [ROCE] of 17.91% for Q3 2026, up 34.70 percentage points from -16.78% a year earlier and up 9.66 percentage points from the prior quarter.
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Analysis
Boeing (BA) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Boeing posted Return on Capital Employed [ROCE] of 7.90%, up 29.48 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +30.86 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at -21.58% in FY2024 (-19.71 pp), -1.87% in FY2023 (+5.49 pp), -7.37% in FY2022 (-2.84 pp) and -4.53% in FY2021 (+18.43 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q1 2019.
- Year over year, Return on Capital Employed [ROCE] has now increased in each of the last four quarters, with an average year-over-year change of +8.09 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q3 2026 (a gain of 34.70 percentage points); the low point was Q4 2024 (a drop of 19.49 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 8.25% (Q2 2026), 7.00% (Q1 2026) and 8.39% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies | 1,651.46 Bn | 1,413.17 Bn | 9.10 Bn | -0.35% |
| 2 | General Electric | 341.86 Bn | 300.61 Bn | 5.02 Bn | -1.55% |
| 3 | Rtx | 267.69 Bn | 237.67 Bn | 5.81 Bn | 10.08% |
| 4 | Lockheed Martin | 137.00 Bn | 121.23 Bn | 2.44 Bn | 23.92% |
| 5 | Boeing | 134.94 Bn | 43.90 Bn | 2.17 Bn | 17.91% |
| 6 | General Dynamics | 97.88 Bn | 83.11 Bn | 2.25 Bn | 14.17% |
| 7 | Motorola Solutions | 87.85 Bn | 84.32 Bn | 1.77 Bn | 21.71% |
| 8 | Howmet Aerospace | 87.47 Bn | 83.22 Bn | 1.00 Bn | 24.70% |
| 9 | Northrop Grumman | 78.02 Bn | 65.48 Bn | 2.35 Bn | 12.21% |
| 10 | Honeywell International | 70.02 Bn | 29.54 Bn | 2.02 Bn | -41.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.91% |
| Jun 30, 2026 | 8.25% |
| Mar 31, 2026 | 7.00% |
| Dec 31, 2025 | 8.39% |
| Sep 30, 2025 | -16.78% |
| Jun 30, 2025 | -17.63% |
| Mar 31, 2025 | -19.25% |
| Dec 31, 2024 | -21.44% |
| Sep 30, 2024 | -15.51% |
| Jun 30, 2024 | -4.05% |
| Mar 31, 2024 | -1.67% |
| Dec 31, 2023 | -1.94% |
| Sep 30, 2023 | -3.38% |
| Jun 30, 2023 | -7.78% |
| Mar 31, 2023 | -5.80% |
| Dec 31, 2022 | -7.44% |
| Sep 30, 2022 | -15.59% |
| Jun 30, 2022 | -8.25% |
| Mar 31, 2022 | -7.12% |
| Dec 31, 2021 | -4.73% |
API Access
Boeing Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=BA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=BA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();