Dec 31, 2019

Boeing Q4 2019 Earnings Report

Boeing's financial results were significantly impacted by the 737 MAX grounding.

Key Takeaways

Boeing reported a fourth-quarter revenue of $17.9 billion, with a GAAP loss per share of ($1.79) and a core loss per share (non-GAAP) of ($2.33). The results primarily reflect the impacts of the 737 MAX grounding. The company's operating cash flow was ($2.2) billion.

Financial results continue to be significantly impacted by the 737 MAX grounding

Revenue of $17.9 billion

GAAP loss per share of ($1.79)

Core (non-GAAP) loss per share of ($2.33)

Total Revenue
$17.9B
Previous year: $28.3B
-36.8%
EPS
-$2.33
Previous year: $5.48
-142.5%
Commercial Airplanes Backlog
$377B
Defense, Space & Security Backlog
$64B
Global Services Backlog
$22.9B
Gross Profit
-$797M
Previous year: $6.25B
-112.7%
Cash and Equivalents
$9.49B
Previous year: $7.64B
+24.2%
Free Cash Flow
-$2.67B
Previous year: $2.45B
-208.8%
Total Assets
$134B
Previous year: $117B
+13.9%

Boeing

Boeing

Boeing Revenue by Segment

Forward Guidance

Boeing is focused on returning the 737 MAX to service safely and restoring trust.

Positive Outlook

  • Returning the 737 MAX to service safely.
  • Restoring the long-standing trust that the Boeing brand represents with the flying public.
  • Committed to transparency and excellence in everything we do.
  • Safety will underwrite every decision, every action and every step we take as we move forward.
  • The strength of our overall Boeing portfolio of businesses provides the financial liquidity to follow a thorough and disciplined recovery process.

Revenue & Expenses

Visualization of income flow from segment revenue to net income