Boeing (BA) valuation
Boeing P/E ratio history
Boeing trades at 17.8 times its earnings over the last twelve months and 116.7 times the earnings analysts expect over the next twelve. At its last 4 fiscal year ends its P/E ranged from 18.0 (year to Dec 2018) to 87.6 (year to Dec 2025), with a median of 20.8.
| Fiscal year ended | Price | EPS | P/E |
|---|---|---|---|
| Dec 31, 2025 | $217.12 | $2.48 | 87.6 |
| Dec 31, 2024 | $177.00 | -$18.36 | n/m |
| Dec 31, 2023 | $260.66 | -$3.67 | n/m |
| Dec 31, 2022 | $190.49 | -$8.30 | n/m |
| Dec 31, 2021 | $201.32 | -$7.15 | n/m |
| Dec 31, 2020 | $214.06 | -$20.75 | n/m |
| Dec 31, 2019 | $325.76 | -$1.20 | n/m |
| Dec 31, 2018 | $322.50 | $17.88 | 18.0 |
| Dec 31, 2017 | $294.91 | $13.89 | 21.2 |
| Dec 31, 2016 | $155.68 | $7.65 | 20.4 |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Boeing valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| BoeingBA | $136B | 17.8 | 116.7 | 1.4 |
| Lockheed MartinLMT | $147B | 22.6 | 19.5 | 1.9 |
| General DynamicsGD | $101B | 22.7 | 20.9 | 1.8 |
| Howmet AerospaceHWM | $79.4B | 39.0 | 31.6 | 8.2 |
| Northrop GrummanNOC | $79.2B | 17.6 | 18.6 | 1.8 |
| RTXRTX | $269B | 32.4 | 25.1 | 2.9 |
| TransDigm GroupTDG | $64.1B | 34.8 | 24.5 | 6.4 |
| General ElectricGE | $315B | 34.8 | 33.4 | 6.2 |
| L3HarrisLHX | $51.7B | 25.9 | 20.8 | 2.2 |
| Peer median | 29.2 | 22.7 | 2.6 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: BA financials · BA returns
No forecast, no recommendation. This page describes Boeing from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.