BA FY 2015 Earnings Report — The Boeing Company Revenue & Financial Results | Market Cap Arena

The Boeing CompanyBA

FY 2015 Earnings

Reported February 10, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$96.1B	—	$90.8B	—	5.9%
Op. Income	$7.2B	—	$7.2B	—	-0.4%
Gross Margin	14.6%	—	15.4%	—	-0.8pp
Net Margin	5.4%	—	6.0%	—	-0.6pp
EPS (Diluted)	$7.44	—	$7.38	—	0.8%
Free Cash Flow	$6.9B	—	$6.6B	—	4.4%

Revenue Flow

Item	Amount
REVENUE	$96.1B
Cost of Revenue	$82.1B
GROSS PROFIT	$14.0B
R&D Expenses	$3.3B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$3.5B
Other Expenses	$0
Operating Expenses	$6.9B
Cost & Expenses	$88.9B
OPERATING INCOME	$7.2B
Interest Income	$0
Interest Expense	$275M
Other Income/Expenses	-$15M
INCOME BEFORE TAX	$7.2B
Income Tax Expense	$2.0B
Net Income from Continuing Ops	$5.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$5.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$5.2B
D&A	$1.8B
EBIT	$7.4B
EBITDA	$9.3B
EPS	$8
EPS Diluted	$7

Income Statement

Item	Amount
REVENUE	$96.1B
Cost of Revenue	$82.1B
GROSS PROFIT	$14.0B
R&D Expenses	$3.3B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$3.5B
Other Expenses	$0
Operating Expenses	$6.9B
Cost & Expenses	$88.9B
OPERATING INCOME	$7.2B
Interest Income	$0
Interest Expense	$275M
Other Income/Expenses	-$15M
INCOME BEFORE TAX	$7.2B
Income Tax Expense	$2.0B
Net Income from Continuing Ops	$5.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$5.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$5.2B
D&A	$1.8B
EBIT	$7.4B
EBITDA	$9.3B
EPS	$8
EPS Diluted	$7

Cash Flow Statement

Item	Amount
Net Income	$5.2B
Depreciation & Amortization	$1.8B
Stock-Based Compensation	$189M
Deferred Income Tax	$11M
Other Non-Cash Items	$359M
Change in Working Capital	$1.8B
OPERATING CASH FLOW	$9.4B
Capital Expenditure	-$2.5B
Acquisitions (Net)	-$31M
Purchases of Investments	-$2.0B
Sales/Maturities of Investments	$2.6B
Other Investing Activities	$81M
NET CASH FROM INVESTING	-$1.8B
Net Debt Issuance	$861M
Common Stock Repurchased	-$6.8B
Common Dividends Paid	-$2.5B
Other Financing Activities	$460M
NET CASH FROM FINANCING	-$7.9B
FREE CASH FLOW	$6.9B
Net Change in Cash	-$431M

Balance Sheet

Item	Amount
Cash & Equivalents	$11.3B
Short-Term Investments	$750M
Net Receivables	$8.9B
Inventory	$47.3B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$68.2B
PP&E (Net)	$12.1B
Goodwill	$5.1B
Intangible Assets	$2.7B
Long-Term Investments	$1.3B
Tax Assets	$265M
Other Non-Current Assets	$4.8B
TOTAL NON-CURRENT ASSETS	$26.2B
TOTAL ASSETS	$94.4B
Account Payables	$10.8B
Short-Term Debt	$1.2B
Deferred Revenue	$24.4B
Other Current Liabilities	$8.1B
TOTAL CURRENT LIABILITIES	$50.4B
Long-Term Debt	$8.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2.4B
Other Non-Current Liabilities	$26.4B
TOTAL NON-CURRENT LIABILITIES	$37.6B
TOTAL LIABILITIES	$88.0B
Common Stock	$5.1B
Additional Paid-In Capital	$4.8B
Retained Earnings	$38.8B
Treasury Stock	-$29.6B
Accum. Other Comp. Income	-$12.7B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$6.3B
Minority Interest	$62M
TOTAL EQUITY	$6.4B
TOTAL LIABILITIES & EQUITY	$94.4B
Total Debt	$10.0B
Net Debt	-$1.4B