How Does BA Stack Up Against Its Peers?

+5.35%
Upside
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Trefis
BA: Boeing logo
BA
Boeing

Here is how Boeing (BA) stacks up against its peers in size, valuation, growth and margin.

  • BA’s operating margin of -12.4% is negative, lowest among peers; LHX has 11.1%.
  • BA’s revenue growth of 2.4% in the last 12 months is low, lagging RTX, GD, LHX but outpacing LMT, NOC.
  • BA gained 36.4% in the past year and trades at a PE of -15.6, outperforming its peers.

As a quick background, Boeing provides aerospace products and services, including commercial and military aircraft, satellites, missile defense, space systems, and financing solutions for equipment leases.

  BA RTX LMT GD NOC LHX
Market Cap ($ Bil) 166.4 211.3 109.9 88.4 83.8 52.5
Revenue ($ Bil) 75.3 83.6 71.8 50.3 40.5 21.4
PE Ratio -15.6 34.4 26.1 21.6 21.2 30.9
LTM Revenue Growth 2.4% 15.4% 1.1% 11.9% -0.6% 2.9%
LTM Operating Margin -12.4% 10.0% 8.2% 10.3% 9.8% 11.1%
LTM FCF Margin -11.3% 3.2% 4.6% 8.2% 3.2% 10.1%
12M Market Return 36.4% 34.8% -14.6% 11.8% 15.0% 26.1%

Why does this matter? BA just went down -5.4% in a month – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Read Buy or Sell BA Stock to see if Boeing is really a falling knife. Sharp dips often come with rebound opportunities – see how the stock has dipped and recovered in the past through BA Dip Buyer Analysis lens.

While peer comparison is critical Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risks while giving upside exposure.

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  6. How Does BA Stack Up Against Its Peers?

Revenue Growth Comparison

  LTM 2024 2023 2022
BA 2.4% -14.5% 16.8% 6.9%
RTX 15.4% 17.1% 2.8% 4.2%
LMT 1.1% 5.1% 2.4% -1.6%
GD 11.9% 12.9% 7.3% 2.4%
NOC -0.6% 4.4% 7.3% 2.6%
LHX 2.9% 9.8% 13.8% -4.2%

Operating Margin Comparison

  LTM 2024 2023 2022
BA -12.4% -16.3% -1.1% -5.3%
RTX 10.0% 8.1% 5.2% 8.2%
LMT 8.2% 9.9% 12.6% 12.7%
GD 10.3% 10.1% 10.0% 10.7%
NOC 9.8% 10.6% 6.5% 9.8%
LHX 11.1% 9.7% 10.4% 11.3%

PE Ratio Comparison

  LTM 2024 2023 2022
BA -15.6 -9.7 -71.1 -23.0
RTX 34.4 32.3 37.6 28.7
LMT 26.1 21.7 16.4 22.4
GD 21.6 19.1 21.4 20.1
NOC 21.2 16.5 34.5 17.3
LHX 30.9 26.6 32.5 37.6

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.