BA
The Boeing Company
Q1 2025 Report
The Boeing Company (BA) Q1 2025 Financial Results Analysis: Recovery in Progress...
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Executive Summary
In Q4 2024, The Boeing Company reported a revenue of $15.24 billion, down 31% year-over-year, primarily due to lower commercial deliveries influenced by the IAM work stoppage. The company faced a significant net loss of $3.87 billion, resulting in an EPS of -$5.45. Despite these setbacks, Boeing's focus on improving operational stability and supply chain readiness has shown promising trends, particularly in ramping production for the 737 MAX. CEO Kelly Ortberg emphasized the importance of adherence to safety management systems and production KPIs as critical to future success. The company is poised for improvement in 2025, especially as it exits shadow production facilities which have negatively impacted margins.
Key Performance Indicators
Revenue
15.24B
QoQ: -14.56% | YoY:-30.77%
Gross Profit
-1.59B
-10.43% margin
QoQ: 54.69% | YoY:-158.92%
Operating Income
-3.77B
QoQ: 34.56% | YoY:-1 432.16%
Net Income
-3.87B
QoQ: 37.36% | YoY:-16 704.35%
EPS
-5.45
QoQ: 45.34% | YoY:-13 525.00%
Revenue Trend
Margin Analysis
Key Insights
- **Q4 2024 Revenue**: $15.24 billion, down 31% YoY.
- **Q4 2024 Net Income**: -$3.87 billion ($-5.45 EPS), a drastic decline due to production challenges and project charges.
- **Gross Profit Margin**: -10.42% reflecting ongoing cost pressures.
- **Operating Income Margin**: -24.73%, indicating significant operational challenges.
- **Cash and Equivalents**: $13.80 billion, reflecting an increase from previous period