NYSE$BA

Boeing · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Boeing's Q4 2024 performance was affected by the IAM work stoppage, charges on defense programs, and workforce reductions.

Boeing's Q4 2024 results were impacted by the IAM work stoppage and agreement, charges for certain defense programs, and costs associated with workforce reductions. The company reported a revenue of $15.2 billion, a GAAP loss per share of ($5.46), and a core (non-GAAP) loss per share of ($5.90).

  • Finalized the International Association of Machinists and Aerospace Workers (IAM) agreement and resumed production across the 737, 767 and 777/777X programs
  • Financials reflect previously announced impacts of the IAM work stoppage and agreement, charges for certain defense programs, and costs associated with workforce reductions announced last year
  • Revenue of $15.2 billion, GAAP loss per share of ($5.46) and core (non-GAAP)* loss per share of ($5.90)
  • Operating cash flow of ($3.5) billion; cash and marketable securities of $26.3 billion

Headline financials

Total Revenue

$15.2B

Previous: $22B-30.8%
EPS (adj)

-$5.90

Previous: -$0.47-1155.3%
Commercial deliveries

57

Previous: 157-63.7%
Capital Expenditures

-$648M

Previous: -$431M-50.3%
Net Income

-$3.86B

Previous: -$30M-12770.0%
Operating Income

-$3.77B

Previous: $283M-1432.2%
Gross Profit

-$1.59B

Previous: $2.7B-158.9%
R&D Expense

$836M

No prior period
Stock-Based Comp

$97M

Previous: $142M-31.7%

Revenue & EPS history

Boeing · Revenue · Quarterly

$15.2B

Q4 2024-30.8%vs Q4 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Boeing · $18.2B total across 3 segments · Q3 2023

  • Commercial Airplanes
    $7.88B+25.8%
  • Defense, Space & Security
    $5.48B+3.3%
  • Global Services
    $4.81B+8.6%

Forward guidance

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include statements relating to future financial condition and operating results.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.4%

Avg return

Earnings day

-0.3%

Avg return

5 days after

+2.6%

Avg return

30 days after

51%

37 / 73 earnings

Positive

+13.4%

Q2 2017

Best reaction

-7.8%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.9%+5.6%+0.0%
Q4 2025-1.7%-5.9%-7.7%
Q3 2025-4.4%-8.4%-15.4%
Q2 2025-4.4%-6.1%-0.1%
Q1 2025+6.0%+12.2%+24.5%
Q4 2024+1.5%+0.8%-0.8%
Q3 2024-2.9%-5.7%-6.6%
Q2 2024-4.6%-10.6%-7.0%
Q1 2024-1.4%+2.5%+3.2%
Q4 2023+4.7%+3.1%-0.2%
Q3 2023-1.8%-0.0%+20.6%
Q2 2023+9.2%+11.5%+4.3%
Q1 2023+1.9%+0.8%+0.7%
Q4 2022+0.4%-1.1%-6.5%
Q3 2022-4.7%-2.8%+21.6%
Q2 2022+2.0%+8.4%+5.5%
Q1 2022-7.7%-11.0%-20.8%
Q4 2021-7.0%-1.9%-1.3%
Q3 2021-0.9%+2.3%-5.1%
Q2 2021+4.2%+1.4%-0.2%
Q1 2021-2.7%-3.0%+1.9%
Q4 2020-2.4%-3.1%+4.9%
Q3 2020-4.5%-4.3%+39.5%
Q2 2020-5.2%-5.0%+2.9%
Q1 2020+7.4%+0.1%+11.1%
Q4 2019+2.1%-0.2%-13.1%
Q3 2019+2.2%+1.2%+10.2%
Q2 2019-6.7%-8.8%-4.6%
Q1 2019+2.3%+1.3%-5.1%
Q4 2018+5.7%+8.8%+20.7%
Q3 2018+3.9%-4.1%-10.8%
Q2 2018+0.3%-2.0%-2.5%
Q1 2018+4.2%+1.4%+9.4%
Q4 2017+5.7%-2.6%+2.1%
Q3 2017-2.5%-2.5%-0.0%
Q2 2017+13.4%+14.1%+11.0%
Q1 2017-0.2%-0.6%+1.7%
Q4 2016+5.3%+3.1%+10.5%
Q3 2016+3.1%+2.5%+7.9%
Q2 2016-1.4%-1.2%-1.9%
Q1 2016+1.2%
Q4 2015-7.8%
Q3 2015+5.3%
Q2 2015+0.8%
Q1 2015-2.3%
Q4 2014+11.5%
Q3 2014-4.0%
Q2 2014-4.1%
Q1 2014+1.8%
Q4 2013-7.7%
Q3 2013+5.3%
Q2 2013-1.0%
Q1 2013+4.0%
Q4 2012+0.3%
Q4 2011-1.8%
Q3 2012-1.8%
Q2 2012+4.0%
Q1 2012+1.1%
Q3 2011+5.9%
Q2 2011+0.7%
Q1 2011+0.3%
Q4 2010-0.1%
Q3 2010+3.5%
Q1 2009-2.0%
Q2 2010-2.0%
Q1 2010-0.7%
Q4 2007+2.3%
Q4 2009+2.3%
Q3 2009-1.6%
Q3 2008-1.6%
Q2 2009-2.5%
Q2 2008-2.5%
Q4 2008-2.5%

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