Price to Operating Profit (P/OP)
since 2005
Calculation
Boeing Co., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Earnings (loss) from operations1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 31, 2024 | — | = | 211.04 | ÷ | -1.27 | -1.27 | = | -773 | ÷ | 610,135,205 | |
| Jan 27, 2023 | — | = | 211.17 | ÷ | -5.93 | -5.93 | = | -3,547 | ÷ | 598,239,585 | |
| Jan 31, 2022 | — | = | 200.24 | ÷ | -4.98 | -4.98 | = | -2,902 | ÷ | 582,999,765 | |
| Feb 1, 2021 | — | = | 195.84 | ÷ | -21.90 | -21.90 | = | -12,767 | ÷ | 582,996,860 | |
| Jan 31, 2020 | — | = | 318.27 | ÷ | -3.51 | -3.51 | = | -1,975 | ÷ | 563,152,208 | |
| Feb 8, 2019 | 19.08 | = | 404.91 | ÷ | 21.22 | 21.22 | = | 11,987 | ÷ | 564,985,109 | |
| Feb 12, 2018 | 19.69 | = | 343.80 | ÷ | 17.47 | 17.47 | = | 10,278 | ÷ | 588,490,313 | |
| Feb 8, 2017 | 17.20 | = | 163.81 | ÷ | 9.53 | 9.53 | = | 5,834 | ÷ | 612,478,643 | |
| Feb 10, 2016 | 10.36 | = | 116.36 | ÷ | 11.23 | 11.23 | = | 7,443 | ÷ | 662,503,822 | |
| Feb 12, 2015 | 13.96 | = | 148.09 | ÷ | 10.61 | 10.61 | = | 7,473 | ÷ | 704,387,613 | |
| Feb 14, 2014 | 14.75 | = | 130.16 | ÷ | 8.83 | 8.83 | = | 6,562 | ÷ | 743,404,506 | |
| Feb 11, 2013 | 9.09 | = | 75.87 | ÷ | 8.35 | 8.35 | = | 6,311 | ÷ | 756,165,531 | |
| Feb 9, 2012 | 9.69 | = | 75.90 | ÷ | 7.84 | 7.84 | = | 5,844 | ÷ | 745,720,763 | |
| Feb 9, 2011 | 10.76 | = | 72.63 | ÷ | 6.75 | 6.75 | = | 4,971 | ÷ | 736,295,504 | |
| Feb 8, 2010 | 20.91 | = | 57.89 | ÷ | 2.77 | 2.77 | = | 2,096 | ÷ | 756,976,242 | |
| Feb 9, 2009 | 7.87 | = | 42.80 | ÷ | 5.44 | 5.44 | = | 3,950 | ÷ | 726,127,813 | |
| Feb 15, 2008 | 11.17 | = | 85.18 | ÷ | 7.62 | 7.62 | = | 5,830 | ÷ | 764,833,186 | |
| Feb 16, 2007 | 23.81 | = | 90.94 | ÷ | 3.82 | 3.82 | = | 3,014 | ÷ | 789,265,357 | |
| Feb 28, 2006 | 20.69 | = | 72.69 | ÷ | 3.51 | 3.51 | = | 2,812 | ÷ | 800,386,638 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Boeing Co. Annual Report.
Comparison to Competitors
Boeing Co., P/OP, long-term trends, comparison to competitors
| Boeing Co. | Caterpillar Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|
| Jan 31, 2024 | — | 12.40 | 12.49 | 34.37 |
| Jan 27, 2023 | — | 16.25 | 14.06 | 26.48 |
| Jan 31, 2022 | — | 15.87 | 11.56 | 28.68 |
| Feb 1, 2021 | — | 24.23 | 10.63 | — |
| Jan 31, 2020 | — | 9.08 | 14.49 | 15.07 |
| Feb 8, 2019 | 19.08 | 9.20 | 11.62 | 12.16 |
| Feb 12, 2018 | 19.69 | 21.70 | 16.47 | 11.53 |
| Feb 8, 2017 | 17.20 | 116.61 | 13.51 | 10.86 |
| Feb 10, 2016 | 10.36 | 11.66 | 12.17 | 9.71 |
| Feb 12, 2015 | 13.96 | 9.71 | 10.89 | 11.15 |
| Feb 14, 2014 | 14.75 | 10.94 | 11.62 | 10.88 |
| Feb 11, 2013 | 9.09 | 7.30 | 6.40 | 10.73 |
| Feb 9, 2012 | 9.69 | 10.41 | 7.21 | 9.40 |
| Feb 9, 2011 | 10.76 | 16.44 | 6.84 | 10.86 |
| Feb 8, 2010 | 20.91 | 63.07 | 6.47 | 9.67 |
| Feb 9, 2009 | 7.87 | 3.61 | 5.31 | 5.88 |
| Feb 15, 2008 | 11.17 | 9.03 | 9.48 | 9.95 |
| Feb 16, 2007 | 23.81 | 8.83 | 10.84 | 11.11 |
| Feb 28, 2006 | 20.69 | 12.95 | 10.66 | 11.11 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).