Boeing (BA) Return on Invested Capital [ROIC] (2009 - 2026)
Boeing's Return on Invested Capital [ROIC] was 7.69% in Q2 2026, up 25.91 percentage points from -18.22% a year earlier and up 1.07 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 Q2 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 four straight quarters, with an average year-over-year change of +2.11 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q4 2025 (a gain of 31.63 percentage points); the worst was Q4 2024 (a drop of 22.50 percentage points).
- Per Business Quant data, BA's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 6.62% (Q1 2026), 6.95% (Q4 2025) and -17.38% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 321.31 Bn | 275.31 Bn | 4.68 Bn | -53.90% |
| 2 | Rtx | 248.97 Bn | 222.19 Bn | 5.13 Bn | 8.08% |
| 3 | Boeing | 152.99 Bn | 59.70 Bn | 2.41 Bn | 7.69% |
| 4 | Lockheed Martin | 116.67 Bn | 103.39 Bn | 2.45 Bn | 26.98% |
| 5 | Howmet Aerospace | 92.54 Bn | 88.15 Bn | 951.00 Mn | 19.17% |
| 6 | General Dynamics | 89.31 Bn | 76.42 Bn | 2.18 Bn | 13.63% |
| 7 | Motorola Solutions | 74.04 Bn | 70.40 Bn | 1.68 Bn | 20.27% |
| 8 | Northrop Grumman | 67.90 Bn | 57.15 Bn | 2.12 Bn | 12.31% |
| 9 | Honeywell International | 67.82 Bn | 20.27 Bn | 3.65 Bn | 12.25% |
| 10 | TransDigm | 60.25 Bn | 48.34 Bn | 1.63 Bn | 15.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | -24.69% |
| Sep 30, 2024 | -17.69% |
| 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% |
| Sep 30, 2021 | -13.61% |
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();