Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $58,158 | $62,286 | $66,608 | $77,794 | $66,517 |
| Gross Profit | -$5,685 | $3,017 | $3,502 | $7,724 | -$1,991 |
| Operating Income | -$12,767 | -$2,902 | -$3,547 | -$773 | -$10,707 |
| Net Income | -$11,873 | -$4,202 | -$4,935 | -$2,222 | -$11,817 |
Over the assessed five-year period, Boeing’s revenue and profitability metrics showed notable volatility. Starting in 2020, revenue was at US$58,158 million with a negative gross profit (–US$5,685 million) and significant operating (–US$12,767 million) and net losses (–US$11,873 million). In 2021, revenues increased by about 7% to US$62,286 million, and the turnaround in gross profit from a loss to US$3,017 million drove improved operating (–US$2,902 million) and net losses (–US$4,202 million), representing significant year-over-year recoveries exceeding 20%. The recovery continued moderately in 2022 with revenue rising to US$66,608 million and gross profit remaining positive at US$3,502 million, although operating and net losses widened slightly to –US$3,547 million and –US$4,935 million, respectively. In 2023, the company experienced its best performance during the period, with revenues peaking at US$77,794 million and gross profit surging to US$7,724 million, which contributed to an impressive improvement in operating income (–US$773 million) and a reduction in net loss to –US$2,222 million. However, 2024 marked a sharp reversal: revenue declined to US$66,517 million while gross profit dropped to a negative US$1,991 million, and both operating (–US$10,707 million) and net losses (–US$11,817 million) worsened substantially compared to 2023. This significant swing suggests challenging market conditions or operational setbacks typical in the cyclical aerospace industry. Overall, while Boeing demonstrated periods of recovery and operational leverage, the fluctuating performance indicators raise concerns about sustainability and signal the need for strategic adjustments to stabilize profitability in an inherently volatile sector.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.