BA Q1 2016 Earnings Report — The Boeing Company Revenue & Financial Results | Market Cap Arena

The Boeing CompanyBA

Q1 2016 Earnings

Reported April 27, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2016	Q4 2015	Q1 2015	QoQ Change	YoY Change
Revenue	$22.6B	—	—	—	—
Op. Income	$1.8B	—	—	—	—
Gross Margin	15.6%	—	—	—	—
Net Margin	5.4%	—	—	—	—
EPS (Diluted)	$1.83	—	—	—	—
Free Cash Flow	$483M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$22.6B
Cost of Revenue	$19.1B
GROSS PROFIT	$3.5B
R&D Expenses	$917M
Selling & Marketing	$0
General & Administrative	$888M
SG&A Expenses	$888M
Other Expenses	$0
Operating Expenses	$1.8B
Cost & Expenses	$20.9B
OPERATING INCOME	$1.8B
Interest Income	$0
Interest Expense	$73M
Other Income/Expenses	-$47M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$522M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$443M
EBIT	$1.8B
EBITDA	$2.2B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$22.6B
Cost of Revenue	$19.1B
GROSS PROFIT	$3.5B
R&D Expenses	$917M
Selling & Marketing	$0
General & Administrative	$888M
SG&A Expenses	$888M
Other Expenses	$0
Operating Expenses	$1.8B
Cost & Expenses	$20.9B
OPERATING INCOME	$1.8B
Interest Income	$0
Interest Expense	$73M
Other Income/Expenses	-$47M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$522M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$443M
EBIT	$1.8B
EBITDA	$2.2B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$1.2B
Depreciation & Amortization	$443M
Stock-Based Compensation	$51M
Deferred Income Tax	-$15M
Other Non-Cash Items	$82M
Change in Working Capital	-$549M
OPERATING CASH FLOW	$1.2B
Capital Expenditure	-$748M
Acquisitions (Net)	$11M
Purchases of Investments	-$204M
Sales/Maturities of Investments	$493M
Other Investing Activities	$10M
NET CASH FROM INVESTING	-$438M
Net Debt Issuance	-$13M
Common Stock Repurchased	-$3.5B
Common Dividends Paid	-$717M
Other Financing Activities	$10M
NET CASH FROM FINANCING	-$4.2B
FREE CASH FLOW	$483M
Net Change in Cash	-$3.4B

Balance Sheet

Item	Amount
Cash & Equivalents	$7.9B
Short-Term Investments	$466M
Net Receivables	$10.0B
Inventory	$47.3B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$65.6B
PP&E (Net)	$12.3B
Goodwill	$5.1B
Intangible Assets	$2.6B
Long-Term Investments	$1.3B
Tax Assets	$267M
Other Non-Current Assets	$4.4B
TOTAL NON-CURRENT ASSETS	$26.0B
TOTAL ASSETS	$91.5B
Account Payables	$11.6B
Short-Term Debt	$1.2B
Deferred Revenue	$23.9B
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$49.5B
Long-Term Debt	$8.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2.3B
Other Non-Current Liabilities	$26.9B
TOTAL NON-CURRENT LIABILITIES	$37.9B
TOTAL LIABILITIES	$87.4B
Common Stock	$5.1B
Additional Paid-In Capital	$4.8B
Retained Earnings	$40.0B
Treasury Stock	-$32.9B
Accum. Other Comp. Income	-$12.8B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.0B
Minority Interest	$63M
TOTAL EQUITY	$4.1B
TOTAL LIABILITIES & EQUITY	$91.5B
Total Debt	$10.0B
Net Debt	$2.1B