Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Boeing Co.BA-PA · manufacturing
GradeBearEweakest fifth of 255 graded peers; percentile 90.0, sampling error 3.0 points; lower is stronger
Rank229 of 255
ProfitabilityDpercentile 76.4
SolvencyD/Epercentile 78.1
Growth and financingCpercentile 50.7
Reliability0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025
Peer failure rate0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandover $2.67B assetstotal assets $168.2B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone activenot computable: dilution, distress
Inputs computable11 of 14
Graded fromfilings received through Jan 30, 2026252 days before the rescan; every figure keyed to the SEC receipt date
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history

No price series supplied for this render.

ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/aQ5
Mar 21, 2012B26.1Q5
Feb 21, 2015C44.2Q5
Mar 21, 2015B/C42.9Q5
Aug 21, 2015C44.0Q5
Nov 21, 2015B/C43.0Q5
Feb 21, 2016C47.0Q5
Mar 21, 2016B/C40.5Q5
Nov 21, 2017C44.4Q5
Dec 21, 2017B/C42.1Q5
Feb 21, 2019B33.1Q5
Feb 21, 2020E97.7Q5

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Jan 30, 2026; the document on sec.gov.

The Boeing Company, together with its subsidiaries (herein referred to as “Boeing,” the “Company,” “we,” “us,” “our”), is one of the world’s major aerospace firms. We are organized based on the products and services we offer. We operate in three reportable segments: This segment develops, produces and markets commercial jet aircraft principally to the commercial airline industry worldwide. We are a leading producer of commercial aircraft and offer a family of commercial jetliners designed to meet a broad spectrum of global passenger and cargo requirements of airlines.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 76.4
Gross profitability2.5%[1,3]21.9%92.52752025-12-31
Return on invested capital9.7%[4-12]9.7%50.01002025-12-31
Accruals ratio0.7%[1,13-15](3.6%)82.63082025-12-31
Gross margin stability, five years4.2 pts[2-3,16-23]2.1 pts80.52292025-12-31
Solvency, sleeve percentile 78.1
Twelve-month failure probabilitynot computable0.04%
firm-wide XBRL shares cannot be assigned to one ticker class
Altman Z double-prime1.33[1,4,8,24-27]3.6667.72442025-12-31
Net debt to EBITDA5.57x[4,7,9,28]1.78x94.61212025-12-31
Interest coverage1.54x[4,29]5.09x64.3642025-12-31
Current ratio1.19x[24-25]2.25x86.03252025-12-31
Growth and financing, sleeve percentile 50.7
Revenue growth, three-year compound10.3%[2,17,19,21]2.1%20.02692025-12-31
Free cash flow growth, three-year compoundnot computable13.9%
current FCF must be positive and base FCF must exceed $100,000
Reinvestment rate(263.7%)[4-6,24-25,28,30-32]26.4%97.51392025-12-31
Asset growth, three years7.1%[1,15,33-34]4.4%34.72792025-12-31
Net share issuance, one yearnot computable0.01%
firm-wide XBRL shares cannot be assigned to one ticker class

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.379; sampling error 3.0 percentile points on 255 peers.

Among 255 Peers [top]

ABCDELRCX, LAM Research Corp.; A, percentile 8.3; market equity $401.2B; warnings: fortress balance sheetLRCXPH, Parker-Hannifin Corp.; B, percentile 36.6; market equity $119.4BPHCAT, Caterpillar Inc.; C, percentile 51.2; market equity $366.0BCATGLW, Corning Inc.; C/D, percentile 60.2; market equity $131.6BGLWETN, Eaton Corp. plc; D, percentile 69.7; market equity $164.9BETNRTX, RTX Corp.; D, percentile 74.8; market equity $248.4BRTXBA-PA 90.0strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
225SunCoke Energy, Inc. (SXC)

SunCoke Energy, Inc. (SXC)

Eweakest fifth; percentile 88.2

NYSE · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)

market equity $827.5M; last close $9.72

No active warnings; 9 of 14 inputs

88.2E
226CPI Aerostructures Inc. (CVU)

CPI Aerostructures Inc. (CVU)

Eweakest fifth; percentile 88.6

NYSE · Aircraft Parts & Auxiliary Equipment, NEC

market equity $67.6M; last close $5.08

Warnings: late filer; 7 of 14 inputs

88.6Elate filer
227Goodyear Tire & Rubber Co. (GT)

Goodyear Tire & Rubber Co. (GT)

Eweakest fifth; percentile 89.0

Nasdaq · Tires & Inner Tubes

market equity $1.4B; last close $4.75

No active warnings; 7 of 14 inputs

89.0E
228Greenbrier Companies Inc. (GBX)

Greenbrier Companies Inc. (GBX)

Eweakest fifth; percentile 89.4

NYSE · Railroad Equipment

market equity $1.2B; last close $38.63

No active warnings; 7 of 14 inputs

89.4E
229Boeing Co. (BA)

Boeing Co. (BA)

Eweakest fifth; percentile 90.0

NYSE · Aircraft

last close $187.74

No active warnings; 11 of 14 inputs

90.0E
230Boeing Co. (BA-PA)

Boeing Co. (BA-PA)

Eweakest fifth; percentile 90.0

NYSE · Aircraft

No active warnings; 11 of 14 inputs

90.0E
231Metallus Inc. (MTUS)

Metallus Inc. (MTUS)

Eweakest fifth; percentile 90.6

NYSE · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)

market equity $814.1M; last close $19.66

Warnings: fortress balance sheet; 7 of 14 inputs

90.6Efortress balance sheet
232Greif, Inc. (GEF)

Greif, Inc. (GEF)

Eweakest fifth; percentile 91.1

NYSE · Metal Shipping Barrels, Drums, Kegs & Pails

last close $81.83

No active warnings; 8 of 14 inputs

91.1E
233Greif, Inc. (GEF-B)

Greif, Inc. (GEF-B)

Eweakest fifth; percentile 91.1

NYSE · Metal Shipping Barrels, Drums, Kegs & Pails

last close $107.78

No active warnings; 8 of 14 inputs

91.1E
234Emerson Electric Co. (EMR)

Emerson Electric Co. (EMR)

Eweakest fifth; percentile 91.7

NYSE · Electronic & Other Electrical Equipment (No Computer Equip)

market equity $88.7B; last close $159.05

No active warnings; 8 of 14 inputs

91.7E
235Techprecision Corp. (TPCS)

Techprecision Corp. (TPCS)

Eweakest fifth; percentile 92.1

Nasdaq · Fabricated Structural Metal Products

market equity $58.8M; last close $5.80

Warnings: late filer, fortress balance sheet; 8 of 14 inputs

92.1Elate filer, fortress balance sheet
Peer policyLetterPercentilePeers
all graded filers, equal sleevesE85.02204
sector peers, equal sleeves (the grade)E90.0255
same exchange, equal sleevesE88.3984
sector peers, equal inputsE91.9255

Each letter is one fifth of the 255 graded peers, about 51 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-09 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest monthnot computable13.7%missing required 12-1 monthly returns: 2026-08, 2026-07, 2026-06, 2026-05, 2026-04, 2026-03, 2026-02, 2026-01, 2025-12, 2025-11, 2025-10
Distance from 52-week highnot computable(24.3%)need at least 20 price observations; found 0
EBIT to enterprise valuenot computable4.1%required accounting or market input is missing
Free cash flow yieldnot computable3.4%required accounting or market input is missing
Book value to pricenot computable0.34required accounting or market input is missing
Sales to pricenot computable0.54required accounting or market input is missing
Composite equity issuance, five yearsnot computable(9.5%)required accounting or market input is missing
Relative strength against the sector, log excess returnnot computable(0.00)missing required 12-1 monthly returns: 2026-08, 2026-07, 2026-06, 2026-05, 2026-04, 2026-03, 2026-02, 2026-01, 2025-12, 2025-11, 2025-10

Inputs: EBIT $4.3B; free cash flow -$1.9B; book equity $6.1B; sales $89.5B; debt $41.3B; cash $7.2B[35].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2025-12-31
Return on assets above zero1.4%✓ pass[13,15]
Operating cash flow above zero$1.1B✓ pass[14]
Return on assets improved10.1 pts✓ pass[13,15,33,36]
Operating cash flow exceeds net income-$1.2B✗ fail[13-14]
Long-term leverage fell(7.7 pts)✓ pass[1,7,10,15,33]
Current ratio improved(13.0 pts)✗ fail[24-25,31-32]
No new shares issuedn/a
Gross margin improved7.8 pts✓ pass[2-3,16-17]
Asset turnover improved8.7 pts✓ pass[2,15,17,33]
Cash, filings, liquidity
Cash and equivalents$7.2B[37]
Operating cash flow, four quarters$3.6B[14,37-41]
Months of runwaynot finite
trailing operating cash flow is nonnegative, so runway is not finite
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing73
10-Q received Jul 28, 2026
Median daily dollar volumen/a
63 sessions
Days since newest grade input252

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$168.2B2025-12-312026-01-3010-Kfiling · viewer · series
2revenueus-gaap:Revenues$89.5B2025-12-312026-01-3010-Kfiling · viewer · series
3gross profitus-gaap:GrossProfit$4.3B2025-12-312026-01-3010-Kfiling · viewer · series
4operating incomeus-gaap:OperatingIncomeLoss$4.3B2025-12-312026-01-3010-Kfiling · viewer · series
5pretax incomeus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest$2.6B2025-12-312026-01-3010-Kfiling · viewer · series
6income taxus-gaap:IncomeTaxExpenseBenefit$397.0M2025-12-312026-01-3010-Kfiling · viewer · series
7total debtus-gaap:LongTermDebtAndCapitalLeaseObligations$45.6B2025-12-312026-01-3010-Kfiling · viewer · series
8book equityus-gaap:StockholdersEquity$5.5B2025-12-312026-01-3010-Kfiling · viewer · series
9cashus-gaap:CashAndCashEquivalentsAtCarryingValue$10.9B2025-12-312026-01-3010-Kfiling · viewer · series
10total debtus-gaap:LongTermDebtAndCapitalLeaseObligations$52.6B2024-12-312026-01-3010-Kfiling · viewer · series
11book equityus-gaap:StockholdersEquity-$3.9B2024-12-312026-01-3010-Kfiling · viewer · series
12cashus-gaap:CashAndCashEquivalentsAtCarryingValue$13.8B2024-12-312026-01-3010-Kfiling · viewer · series
13net incomeus-gaap:NetIncomeLoss$2.2B2025-12-312026-01-3010-Kfiling · viewer · series
14operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$1.1B2025-12-312026-01-3010-Kfiling · viewer · series
15assetsus-gaap:Assets$156.4B2024-12-312026-01-3010-Kfiling · viewer · series
16gross profitus-gaap:GrossProfit-$2.0B2024-12-312026-01-3010-Kfiling · viewer · series
17revenueus-gaap:Revenues$66.5B2024-12-312026-01-3010-Kfiling · viewer · series
18gross profitus-gaap:GrossProfit$7.7B2023-12-312026-01-3010-Kfiling · viewer · series
19revenueus-gaap:Revenues$77.8B2023-12-312026-01-3010-Kfiling · viewer · series
20gross profitus-gaap:GrossProfit$3.5B2022-12-312025-02-0310-Kfiling · viewer · series
21revenueus-gaap:Revenues$66.6B2022-12-312025-02-0310-Kfiling · viewer · series
22gross profitus-gaap:GrossProfit$3.0B2021-12-312024-01-3110-Kfiling · viewer · series
23revenueus-gaap:Revenues$62.3B2021-12-312024-01-3110-Kfiling · viewer · series
24current assetsus-gaap:AssetsCurrent$128.5B2025-12-312026-01-3010-Kfiling · viewer · series
25current liabilitiesus-gaap:LiabilitiesCurrent$108.1B2025-12-312026-01-3010-Kfiling · viewer · series
26retained earningsus-gaap:RetainedEarningsAccumulatedDeficit$17.3B2025-12-312026-01-3010-Kfiling · viewer · series
27liabilitiesus-gaap:Liabilities$162.8B2025-12-312026-01-3010-Kfiling · viewer · series
28depreciation amortizationus-gaap:DepreciationDepletionAndAmortization$2.0B2025-12-312026-01-3010-Kfiling · viewer · series
29interest expenseus-gaap:InterestAndDebtExpense$2.8B2025-12-312026-01-3010-Kfiling · viewer · series
30capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$2.9B2025-12-312026-01-3010-Kfiling · viewer · series
31current assetsus-gaap:AssetsCurrent$128.0B2024-12-312026-01-3010-Kfiling · viewer · series
32current liabilitiesus-gaap:LiabilitiesCurrent$97.1B2024-12-312026-01-3010-Kfiling · viewer · series
33assetsus-gaap:Assets$137.0B2023-12-312025-02-0310-Kfiling · viewer · series
34assetsus-gaap:Assets$137.1B2022-12-312024-01-3110-Kfiling · viewer · series
35shares outstandingdei:EntityCommonStockSharesOutstanding790,370,0202026-07-212026-07-2810-Qfiling · viewer · series
36net incomeus-gaap:NetIncomeLoss-$11.8B2024-12-312026-01-3010-Kfiling · viewer · series
37cashus-gaap:CashAndCashEquivalentsAtCarryingValue$7.2B2026-06-302026-07-2810-Qfiling · viewer · series
38operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$1.2B2026-06-302026-07-2810-Qfiling · viewer · series
39operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$179.0M2026-03-312026-04-2210-Qfiling · viewer · series
40operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$266.0M2025-09-302025-10-2910-Qfiling · viewer · series
41operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$1.4B2025-06-302026-07-2810-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 90.0 is 10.0 points from the nearest band edge; sampling error is 3.0 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.