Boeing (BA) Return on Invested Capital [ROIC] (2009 - 2026)
Boeing's Return on Invested Capital [ROIC] was 18.19% in Q3 2026, up 35.57 percentage points from -17.38% a year earlier and up 10.50 percentage points from the prior quarter.
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Analysis
Boeing (BA) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Boeing came in at 6.64%, up 31.04 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +39.37 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -24.40% in FY2024 (-22.37 pp), -2.03% in FY2023 (+6.31 pp), -8.34% in FY2022 (-2.83 pp) and -5.51% in FY2021 (+27.22 pp).
- The Q3 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q3 2019.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for five straight quarters, with an average year-over-year change of +8.28 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2026 (a gain of 35.57 percentage points); the worst was Q4 2024 (a drop of 22.48 percentage points).
- Per Business Quant data, BA's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was 7.69% (Q2 2026), 6.62% (Q1 2026) and 6.95% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 334.86 Bn | 293.38 Bn | 5.02 Bn | -38.72% |
| 2 | Rtx | 256.39 Bn | 224.66 Bn | 5.81 Bn | 8.59% |
| 3 | Boeing | 137.52 Bn | 46.48 Bn | 2.17 Bn | 18.19% |
| 4 | Lockheed Martin | 130.55 Bn | 114.79 Bn | 2.44 Bn | 26.48% |
| 5 | General Dynamics | 95.65 Bn | 80.88 Bn | 2.25 Bn | 14.04% |
| 6 | Motorola Solutions | 85.05 Bn | 81.51 Bn | 1.77 Bn | 18.83% |
| 7 | Howmet Aerospace | 81.91 Bn | 77.67 Bn | 1.00 Bn | 21.46% |
| 8 | Northrop Grumman | 74.74 Bn | 62.20 Bn | 2.35 Bn | 12.20% |
| 9 | Honeywell International | 69.91 Bn | 29.43 Bn | 2.02 Bn | -6.73% |
| 10 | TransDigm | 68.72 Bn | 56.73 Bn | 1.63 Bn | 15.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.19% |
| Jun 30, 2026 | 7.69% |
| Mar 31, 2026 | 6.62% |
| Dec 31, 2025 | 6.95% |
| Sep 30, 2025 | -17.38% |
| Jun 30, 2025 | -18.22% |
| Mar 31, 2025 | -19.84% |
| Dec 31, 2024 | -24.67% |
| Sep 30, 2024 | -17.68% |
| Jun 30, 2024 | -4.80% |
| Mar 31, 2024 | -2.15% |
| Dec 31, 2023 | -2.19% |
| Sep 30, 2023 | -3.87% |
| Jun 30, 2023 | -8.58% |
| Mar 31, 2023 | -6.18% |
| Dec 31, 2022 | -8.72% |
| Sep 30, 2022 | -16.82% |
| Jun 30, 2022 | -8.50% |
| Mar 31, 2022 | -7.53% |
| Dec 31, 2021 | -5.35% |
API Access
Boeing Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=BA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=BA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();