1. THE BOEING COMPANY
Corporate Analysis completed by Andy Zimmerman

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Table of Contents
General Information 3
CorporateRatio Analysis 5
- The Boeing Company
CorporateRatio Comparison 9
- The Boeing Company, Airbus and Industry Averages
Capital Stock Review 11
Review of Statement of Cash Flows 11
Other Financial Analysis 12
Conclusion 14
References 15

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General Information
History
This upcoming July will mark the century mark for The Boeing Company. Pacific Aero Products
was incorporated on July 15th, 1916 by WilliamBoeing. Seattle, Washington served as the home
for their first airplane factory. A year later a change in name brought it to Boeing Airplane
Company. The B&W Seaplane, a wooden base combined with wire bracing, was the first
product introduced. Its primary purpose was to serve as a mail plane. As the years progressed
so did the advancement of aircrafts. Holding 12 passengers, the Boeing 80 became the first
plane created with the sole intention of being a passenger plane. In 1933, the first modern
airliner was patented, built and flown. During World War II, Boeing started to manufacture the
B-17 and B-29 bombers. However, the prosperity from the increase production during war was
not maintain, resulting in 70,000 employees losing their jobs. The 707 became the United
States’ first commercial airliner in 1958. By 1966, the world’s largest factory was built in
Everest, Washington order to complete the production of the 747. The early 1970s marked
troubling times for Boeing as the combination of decline in spending after the Vietnam War and
the Apollo Project, the recession of 1969-1970 and debt accumulation above $2 billion
contributed to a partial decline. By the mid-1980s, Boeing began to grow and expand their
company to focus on space exploration and militaristic defense. The innovation did not stop
there as by 2000, Boeing also began to increase funding to support aerospace and satellite
communication. In 2007, contracts with the U.S. Navy and NASA help to increase Boeing’s
diversification. Their competition with rival Airbus led to creation of the 737, 747 and 777. In

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2011, a record order of $21.7 billion was arranged by Lion Air. Today, Boeing is focused on the
categories of Commercial, Defense and Space in addition to their commercial presence.
Industry Standing
The Boeing Company operates at the “world’s largest aerospace company and leading
manufacturer of commercial jetliners and defense, space and security systems (Boeing.com).”
They also serve as the United States’ largest manufacturing exporter, reaching more than 150
countries. In 2014, Boeing recorded a revenue of $90.78 billion. An increase in revenue of about
5.85% brought the 2015 total to $96.11 billion. In 2014, Boeing earned a 47% portion in Global
Commercial Aircraft Revenue which is slightly above competitor Airbus at 44%. However more
recently, Airbus took 1,036 net orders and completed 635 deliveries in 2015 compared to
Boeing who had 768 orders and 762 deliveries.
Corporate Goals
Boeing places a strong influence on looking beyond the present and ahead to the future. Their
vision is “People working together as a global enterprise for aerospace industry leadership.” In
order to achieve that innovation, Boeing strives to focus on vital elements for a striving
business. Operating as One Boeing, delivering customer value, leading with innovation, fueling
growth through productivity and leveraging global strength are goals that Boeing realizes need
achieving to succeed in a highly demanding industry.

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Corporate Ratio Analysis- The Boeing Company
I. Current
Calculation: 1.20 (2014); 1.267 (2013)
Meaning of Ratio: The current ratio is calculated by dividing current assets by
current liabilities. The ratio will whether the company is able to pay off liabilities due
within a year. A high current ratio indicates that there is a health liquidity position
and the ability to meet current payments. However, too high of a ratio can mean
that the company is placing more emphasis on current assets with low return on
investment compared to that of a long-term asset. The lack of efficiency here could
be attributed to the lack of efficiency regarding current assets or working capital. A
standard goal for this ratio is 2:1 however the type of business, composition of
current assets and the turnover rate of current assets can have an impact on the
company’s intended objective.
Application to Boeing: At first glance the current ratio hovering around 1.2 does
not seemideal. Combining that with the fact that The Boeing Company has
experienced slight drop off in their current ratio does not give off the best
impression. Despite the drop, Boeing still has enough assets to pay of their current
liabilities. The high point for the current ratio in the past ten years was in 2012 with
a ratio of 1.2. Comparted to the low in 2006 (0.77), 2014’s ratio is around the normal
expectation. However, Boeing has to be careful not to fall into another cycle of
dropping below the line of not being able to pay their current liabilities.
II. Accounts Receivable Turnover
Calculation: 12.72 (2014); 14.25 (2013)
Meaning of Ratio: The accounts receivable turnover is calculated by taking the
net sales and dividing it by the average accounts receivable, net. By doing so, the
frequency that a company turns its receivables into cash is able to be analyzed. A
high amount is due to the company receiving its collectibles quickly. If high, the
company does not have to place too much money towards covering the account. On
the other hand, if too high the demand for a quick payment can limit the business
conducted.
Application to Boeing: As seen by the comparison, the accounts receivable
turnover ratio of Boeing experienced a slight drop from 2013 to 2014. However that
decrease is not all that bad. Boeing is still receiving the cash required for the
production of their product. But with the drop in Accounts Receivable Turnover,
Boeing is giving a little more leeway with their customers. That room to move is not
placing more risk on Boeing but giving the company some possible sales that they
may have not otherwise been a part of.
III. Inventory Turnover
Calculation: 1.712 (2014); 1.817 (2013)
Meaning of Ratio: The inventory turnover ratio is computed by taking the cost of
goods sold divided by the average inventory. Also called merchandise inventory
turnover, the ratio displays the period of times that a company contains its
inventory before being able to sell it and the effect of the holding on the working

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capital. When a company has a high inventory turnover, less cost is necessary to
maintain the storage. Although if too high, the lack of inventory may lead to a
restriction on the volume of sales.
Application to Boeing: Due to Boeing manufacturing large products such as
airplanes it is important that their inventory is kept relatively small so that the time
between the manufacturing and delivery is minimalized. But the decrease from 2013
to 2014 is not all that good as the amount of planes be manufactured and sold are
declining as well as the time taken for Boeing’s inventory to recycle to a new period.
The recent trend in the past decade has seen a drop from 6.31 in 2006 to today’s
stance. The lack of production in general could be a warning sign for the decline of
Boeing and emergence of other competitors.
IV. Debt Ratio1
Calculation: 0.911 (2014); 0.838 (2013)
Meaning of Ratio: The debt ratio is aimed towards creditor financing and
leverage. By taking the total liabilities divided by the total assets, a slimoverview of
the company can be scene. As the percentage grows so does the leverage of the
company. That growth tends to lead towards more of financial risk surrounding the
company. On the other hand, that leverage is used to help grow companies.
Application to Boeing: From 2013 to 2013 the debt ratio rose a little over 7%. In
one scenario it is good to have a higher debt ratio. With that if you do not incur any
debts and do not borrow money, the company may not be maximizing its potential
for an increase in revenue. However, and as it seemin Boeing’s case, an already high
debt ratio combined with the increase in the following year is not the ideal situation
for Boeing.
V. Equity Ratio2
Calculation: 0.089 (2014); 0.162 (2013)
Meaning of Ratio: Totaled by dividing the total equity by the total assets, the
equity ratio is focused towards owner financing. One aspect the ratio highlights is
the assets that are owned without any liabilities by the investors. Another use is to
emphasize the leverage in regards to debt. Companies that have a higher equity
ratio are generally favored. This is because it is shown to prospective shareholders
that many are financing the company. It also shows sustainability within the
organization.
Application to Boeing: As noted, the addition of the debt ratio to the equity ratio
should be equal to one. So at the debt ratio draw closer to the value of one, the
equity ratio takes a hit. The lowering ratio does not serve The Boeing Company as a
positive sign heading into the future. As assets lower that provides a more risk in
business and less ability to pay back acquired liabilities.
VI. Profit Margin Ratio
Calculation: 0.06 (2014); 0.0529 (2013)
1 The percentage added to the Equity Ratio should equal 1
2 The percentage added to the Debt Ratio should equal 1

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Meaning of Ratio: Calculated by dividing net income by net sales, the profit
margin provides a percentage that “reflects a company’s ability to earn net income
from sales (Fund Acct Prin, 734).” The ratio also displays the company’s operating
efficiency and its profitability. The industry is important when examining the profit
margin. One may need the percentage between 15% and 20% when another may
only need the margin around one or two percent. Profit margin, as well as total asset
turnover, reflects management’s decision due to the correlation to operating
efficiency. This ratio should only be used when comparing companies in the same
industry and with the same model and amounts in revenue due to the difference in
profit margins.
Application to Boeing: As scene, 2014 for Boeing gave their profit margin ratio a
slight boost from 2013. The increase in profit margin correlates to the increase in net
income. The rise in Boeing’s profit margin is a promising sign but the company must
continue to be wary of expenses out gaining revenue. In regards to the long term,
the increase posts a positive indicator of the continual healthy state of Boeing as
well as staying aggressive in the industry.
VII. Return on Common Stockholders’ Equity
Calculation: 0.462 (2014); 0.442 (2013)
Meaning of Ratio: To figure out the return on common stockholders’ equity the
preferred dividend are subtracted from the net income. That total is then divided by
the average common stockholders’ equity. The percentage given assesses the
company’s success in generating net income. The basis of the ratio shows the dollars
of net income earned for a single dollar invested by a shareholder.
Application to Boeing: The increase in Return on Common Stockholders’ Equity is
a positive sign for Boeing as well as their investors. The positive gain shows that
Boeing is efficiency using the investment put forth by shareholders. The increase
also alludes to the fact Boeing is putting the funds gained from the investments to
an efficient use to create even more growth regarding earnings.
VIII. Book Value per Common Share
Calculation: 12.438 (2014), 20.066 (2013)
Meaning of Ratio: To compute the book value per common share, shareholders’
equity applicable to common shares must be divided by the number of common
share that are outstanding. This ratio provides an idea of the dollar value for a
common stockholder after al debts are paid in full as well as the liquidity of all the
company’s assets. The book value can be compared to the market value of a single
stock to asset if the share is over or under valued. However, a downside to
comparing the two is that the market value look ahead for future investment and
the book value looks at the stance of the company presently. Another beneficial
aspect about the ratio is the ability to compare companies side-by-side despite
drastic differences in size and especially the number of share outstanding.
Application to Boeing: The decline experienced by Boeing is not one that that is
wanted. The decrease in book value can be attributed to a couple aspects. One may
be the decrease in assets able to be liquidated or an increase in total liabilities that
need to be paid off. Either way the diminishing book value is not the best situation

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for Boeing. One thing not shown in the book value is the research and development.
Boeing, known for its ingenuity and innovation, looks to the future for more
advancement. This is a possible facet that could contribute to the difference of book
value and market value.
IX. Basic Earnings per Share
Calculation: 7.49 (2014); 6.10 (2013)
Meaning of Ratio: To figure out a company’s basic earnings per share preferred
dividends must first be subtracted from the net income. That answer is then divided
by the weighted average of common shares outstanding. To calculate the
denominator you add last year’s outstanding stock as well as the year prior to that
and divide by two to find the average. The outcome will provide a measure
regarding the company’s profit that can be disbursed to a single share of stock.
Application to Boeing: When analyzing Boeing’s basic earnings per share, the
increase shown is a positive sign for the company. It shows that the company is
using its assets in an effective manner. That efficiency allocates more earnings to
investor for each share owned. Wall Street and other investors use earnings per
share to figure out the earnings power that company holds. Over the past ten years,
Boeing has made a significant increase in this area.
X. Price-Earnings Ratio
Calculation: 17.40 (2014); 22.64 (2013)
Meaning of Ratio: To calculate the price-earnings ratio the market price per
common share is divided by the earnings per share. The result of this division will
present a notion regarding the future growth of a company as well as the “risk of a
company’s earnings as perceived by the stock’s buyers and sellers (Fund Acct Prin
736).” The ratio gives an investor an idea of the amount of money necessary to
receive a single dollar of current earnings or the number of years it takes the
company to earn back the amount that you initially paid for the stock.
Application to Boeing: When looking at the price-earnings ratio there are
multiple ways to evaluate the decrease from 2013 to 2014. The first being in regards
to the direct investment. The lower the Price-Earnings ratio the shorter amount of
time that is takes for the company to make the money of the price you paid for the
initial stock. The second aspect is in terms of growth of the company. In this case it is
possible that a higher PE ratio is desired but normally the lower the ratio the better

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Corporate Ratio Comparison-The Boeing Company, Airbus and Industry Averages
Ratio Boeing-2014 Boeing-2013 Airbus-2014 Industry
Current
Accounts Receivable Turnover
Inventory Turnover
Debt Ratio
Equity Ratio
Profit Margin Ratio
Return on Common Stockholders’ Equity
Book Value per Common Share
Basic Earnings per Share
Price-Earnings
1.2
12.72
1.712
0.911
0.089
0.06
0.462
12.438
7.49
17.40
1.267
14.25
1.817
0.838
0.162
0.0529
0.442
20.065
6.10
22.64
0.988
9.044
2.097
0.926
0.074
0.039
0.2613
9.025
2.99
13.829
1.2
8.8
4.5
0.755
0.245
0.044
0.133
-
-
-
I. Current Ratio Boeing- 1.2; Airbus- 0.988; Industry- 1.2
Boeing compared to Airbus:
When looking at the current ratios of both Boeing and Airbus, Boeing has the
advantage in this category. While not necessarily meaning Boeing has the most
current assets, it does mean that Airbus’s current liabilities outweigh their assets. If
trend continues for Airbus, they will soon go out of business. Boeing while being
ahead must be careful not to continue to keep slipping and being to improve upon
the slimadvantage they have over the major competitor.
Boeing compared to the Industry: Due to Boeing’s recent slip, they sit even with the
industry’s average. While they are not behind and need to catch up, Boeing is just
sitting in the middle of the pack. The industry for the manufacturing of planes has a
relatively low average current ratio when compared to the current ratio of other
industries. One possible reason for the low ratio may be due to growing the
company using only the assets.

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II. Accounts Receivable Turnover Boeing- 12.72; Airbus- 9.044; Industry- 8.8
Boeing compared to Airbus: Boeing’s account receivable turnover is well above that
of their competitor Airbus. While Airbus’s more lenient credit terms may be the
reason that their turnover percentage, it could also be related to not receiving the
totality of the money needed. On Boeing’s side, the terms may be a little stricter but
they are all but sure to receive the total sum of payment.
Boeing compared to the Industry: In terms of the aerospace manufacturing industry,
Boeing leads the way. The industry as whole is struggling compared to Boeing. The
rest of the industry needs to set stricter credit terms in order to receive the full
remittance. Boeing on the other hand can afford to separate itself from the
competition by being able to receive total payment.
III. Inventory Turnover Boeing- 1.712; Airbus- 2.097; Industry- 4.5
Boeing compared to Airbus: When compared with their top rival, Boeing’s recent dip
does not bode well for the future. Here this can be accredited to either over
production or more realistically an increase in sales. While Airbus is focusing on
producing smaller planes compared to Boeing, the loss of market share in that area
may be a reason that can be attributed to the inventory turnover rate. Furthermore,
the separation in inventory turnover suggests that Boeing’s management of working
capital is substandard.
Boeing compared to the Industry: Taking a look at the industry as a whole, Boeing is
facing a larger difference. Manufacturers in the same industry are producing and
selling their products at a higher and more efficient rate than Boeing is. That should
be a little concerning to Boeing as the market share will continue to fall if the
turnover rates continue to be at such a difference throughout years in advance.
IV. Debt Ratio Boeing- 0.911; Airbus- 0.926; Industry- 0.755
Boeing compared to Airbus: The debt ratio expressed by the two competitors is
relatively the same, with both companies containing a percentage above 90. This
shows that both manufacturers are taking risks by borrowing large amounts of
money in order to fund production. Due to that borrowing, the production is
increased because of the increase in capital that each has to work with.
Boeing compared to the Industry: As opposed to Boeing, the industry debt ratio is
fairly lower. About a 15% difference separates Boeing from the average of the other
companies. The difference may be connected to the lack of ability for a smaller
production company to borrow money and then pay it back. The lack of leverage
could end up hindering the growth of the companies in the similar industry. While
companies in this industry may look appealing at first glance due to the lack of debt,
the lack of ability to grow is also connected to that.

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V. Equity Ratio Boeing- 0.089; Airbus- 0.074; Industry- 0.245
Boeing compared to Airbus: Since correlated with the debt ratio, Boeing has a small
edge in the equity ratio as well. Boeing has the advantage in the assets owned after
all liabilities are taken care of. The edge in equity allows Boeing to put more into
developing and producing their product compared to Airbus.
Boeing compared to the Industry: Here, the industry average is well above that of
Boeing’s current situation. However, if the assets are idle, the advantage held by the
rest of the companies is not a wide. The assets should be put back into the
manufacturing of aerospace products or looking to grow the company. If companies
are complacent with just enjoy this advantage, no good is being done to forward the
company. The advantage held in assets is beneficial to the company as long as it is
being put to good use.
VI. Profit Margin Ratio Boeing- 0.06; Airbus- 0.039; Industry- 0.044
Boeing compared to Airbus: The Boeing Company enjoys about a 2% advantage over
Airbus in this category. In this case the higher number better serves Boeing. By being
able to have more control of their expenses and other variables, Boeing is able to
experience more of their revenue to as net income. Boeing’s higher profit margin
may be a result of the company’s higher market share. The reason Airbus exhibits a
lower profit margin than Boeing and even the industry in general may be because
they are finding a hard time control their expenses in trying to catch up to others.
Boeing compared to the Industry: As an industry as a whole the profit margin is
relatively low. If taken away from the industry one may come to the conclusion that
the industry as a whole is in decline. But due to the large expenses for operating and
holding inventory, the margin is understandably low. However, Boeing is at the top
when compared to other aircraft manufacturers.
VII. Return on Common Stockholders’ Equity Boeing- 0.462; Airbus- 0.2613;
Industry- 0.133
Boeing compared to Airbus: The yearly increase in return on common stockholders’
equity by Boeing is another positive sign for the company. In regards to its closest
competitor the 0.2 advantage over Airbus shows a higher area of profitability
created from each shareholder equity unit. Additionally, the higher percentage leads
to more growth in earnings in the future, allowing Boeing to possibly separate
themselves from their lead competition if this trend continues.
Boeing compared to the Industry: Boeing seems to be carrying the industry average
as they are well above the rest of the similar companies. With such a lead, Boeing is
in a far better of position financially then the others. More opportunities to grow the
company and invest in other projects will be presented to Boeing. In addition to
leading the way in the industry of manufacturing aerospace products, Boeing also
ranks above 97% of companies in the Global Aerospace and Defense industry.

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VIII. Book Value per Common Share Boeing- 12.438; Airbus- 9.025
Boeing compared to Airbus: Despite the recent decline in book value per common
share, Boeing is still above Airbus in this category. By having more money remaining
for the shareholder after taking care of all the required liabilities, those looking to
invest will more likely turn to Boeing, which will allow the company to finance larger
projects in the future. The larger book value for Boeing makes sense due to Boeing
having a larger total equity.
IX. Basic Earnings Ratio Boeing- 7.49; Airbus- 2.99
Boeing compared to Airbus: Once again, Boeing controls this area in regards to
Airbus. With a greater basic earnings ratio, the larger the amount of the company’s
profit that can be attributed to each share of stock. The more profits obtained by the
company the more that can be distributed to the investor. It could also possibly
mean that the stock price of the company could see a spike as well. The advantage
in the basic earnings ratio gives Boeing greater earning power, meaning that Boeing
is able to generate larger amounts of profit from its own operating activities.
X. Price-Earnings Ratio Boeing- 17.40; Airbus- 13.829
Boeing compared to Airbus: Even though Boeing’s Price Earnings ratio has dropped
in the recent years, Airbus still holds the advantage with a lower PE ratio. The
advantage is held in that investors are paying a lesser price to gain one dollar of
return on their initial investment. However, as previously mentioned, to further
understand the implications of the PE ratio, the growth rate of the companies
should be documented. But by just simply taking a quick look Airbus holds the
advantage with the smaller time frame for paying back its investors.
Capital Stock Review
In 2014, The Boeing Company authorized 1,200,000,000 shares of common stock. Of those
shares 1,012,261,159 were issued. 20,000,000 of preferred stock has been authorized however
none of the preferred shares have been issued. The most recent cash dividend was paid on
March 4th, 2016 at $1.09 per share. Previously the dividend had been at $0.91 from March 6th
to December 4th 2015. The last stock dividend had be paid on June 6th, 1997 at 100%. The last
stock split was a 2 for 1 or 100% on May 16th, 1997. Boeing’s treasury stock had a balance of
$17,671 million at the end of 2013 and an end total of $23,298 million on December 31st, 2014.
After the large hit on the stock market in the middle of February, Boeing’s stock has continued
to rise and hovers around $127 in the early stages of April.
Review of Statement of Cash Flow
When analyzing the statement of cash flow for The Boeing Company, it seems as if the
company continues to rise. The increase in net income translates to the rise of net cash
provided by operating activities. From 2012 to 2014 the total cash provided operating activities
saw growth of about $1,300 million. The continual rise in cash from operating activities is a
promising sign for the future of Boeing. Another favorable sign in the change in cash from
investing activities. From a negative $5,000 million to a positive $2,400 million, Boeing has

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increased the amount received from investments while cutting back on ones that seem to cost
the company money. And finally the net cash used by financing activities double to a negative
$8,593 million. This is mainly due to an increase in repurchasing their common stocks. The
combination of the three classifications of cash flows provides a total of $11,733 million in cash
equivalents, an increase of about $2,700 million.
Other Financial Analysis
Common Size Analysis
2014 2013 2014 (%) 2013 (%)
Net Sales
Total Cost and Expenses
Gross Margin
Earnings from Operations
Earnings before Income Taxes
Net Earnings
$90,762
76,752
14,010
7,473
7,137
5,446
$86,623
73,268
13,355
6,562
6,232
4,585
100%
84.6
15.4
8.2
7.9
6.0
100%
84.6
15.4
7.6
7.2
5.3
(In Millions)
When looking at the Common Size Comparisons, there was no change in the percentage
regarding the total cost and expenses to net sales, which led to an identical percentage in gross
margin for 2014 and 2013. Notable for this section is how even though Boeing’s expenses went
up, the company was able to put the funds to beneficial use as seen by the rise in net sales. Net
income and earnings before income taxes for 2014 were improved upon by about 0.7% from
the prior year. Another promising sign for Boeing is the increase in earnings from operations.
The gain in this area provides a stronger outlook for the future of the company as money is
being earned from actual transaction of product.
Trend Analysis
2014 2013 2012 2011 2010
Total Revenue
Total Cost and Expenses
Net Earnings
$90,762
76,752
5,446
$86,623
73,268
4,585
$81,698
68,665
3,900
$68,735
55,867
4,011
$64,306
51,843
3,311
(In Millions)
2014 2013 2012 2011 2010
Total Revenue
Total Cost and Expenses
Net Earnings
141.14%
148.05
164.48
134.70%
141.33
138.48
127.05%
132.45
117.80
106.88%
107.76
121.14
100%
100
100

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Graphs corresponding to the Trend Analysis3
The Trend Analysis supports the notion that The Boeing Company is continuing to increase the
company’s manufacturing success. From 2010 to 2014, total revenue has increase every year
and by a combined total of $26,456 million. As expected total expenses also increased, however
the percentage increase were a little greater year to year than the revenue percentage. If
expenses continue the trend of increasing by a higher percentage than total revenue, Boeing
may run into some trouble. Despite a slight slip, net earnings experienced similar success by
rebounding off a disappointing 2012 with gains resulting in 20% increases in both 2013 and
2014.
3 All Graphs Y-axis in millionsof dollars
0
20,000
40,000
60,000
80,000
100,000
2014 2013 2012 2011 2010
Total Revenue
Total Revenue
0
20,000
40,000
60,000
80,000
100,000
2014 2013 2012 2011 2010
Total Costand Expense
Total Cost and Expense
0
1000
2000
3000
4000
5000
6000
2014 2013 2012 2011 2010
Net Earnings
Net Earnings

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Conclusion
As more than just a manufacturer of aircrafts, The Boeing Company aims to be the most
innovated and efficient company in the industry. Their history notes of the huge advancements
made in since the company originated in 1916. For history to be talked about, the future needs
to be planned. And Boeing is looking to settle on unprecedented ground. When looking at the
comparison between the years 2013 and 2014, the numbers do not drastically swing in favor of
Boeing. Despite the lack of success when stacked up against themselves, Boeing holds an
advantage in a majority of the ratios when compared to their closest rival, Airbus. Boeing also
leads the way in most of the industry compared ratios. Boeing has increased its cash from
operating activities and total cash equivalents. Boeing’s stock, while not at the height that some
investors may be looking for, has experienced a steady increase. The increase in cash
equivalents and stock price are some factors that help keep Boeing as one of the most
prominent corporations. Another factor on Boeing’s side is that of the company’s
diversification. In addition to the manufacturing of aircrafts, Boeing focuses on defense and
space as well. From an investment stand point, it is hard to say if Boeing will maintain its
success. With the increase in presence of Airbus, the market share of the manufacturing of
aircrafts is becoming more equal. In 2015, Airbus outnumbered Boeing in the amount of
aircrafts sold as well as the quantity delivered. Boeing’s advantage is still held in the production
of wide-body aircrafts. On the other hand, Airbus retains control over the narrow-bodied plane
field. Another disappointing sign is the decreasing price of oil. Due to oil prices remaining at a
considerably low price, airlines do not need to look at alternate options to increase the
efficiency of their planes. So while airlines are enjoying the low cost of oil, if it stays the same
over the long run the industry may experience a hit. Finally, Boeing recently had to cut 4,500
jobs. However, there are many other aspects that point upward for Boeing. The first one is
deals with China airline companies and U.S. Army. The confidence in the large aircraft and
defense production is shown by these purchases. Another bonus is the ingenuity exhibited that
Boeing is known for. Their new passenger jet, the Dreamliner 787, is one of the most modernly
advanced planes produced due to its increase in fuel-efficiency and durability. In addition,
Boing possesses a large market cap ($88.12 billion) that will allow for continual efforts place
towards advancing the company. Finally, the advantages held currently in key ratios with
similar competition and the increase in their own financial statements provides investors with a
company that is continuing to rise.

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References
Works Cited
"Financial Ratios." Accounting Tools. N.p., n.d. Web. 2 Mar. 2016.
<http://www.accountingtools.com/>.
Wild, John J., Ken W. Shaw, and Barbara Chiappetta. Fundamental Accounting Principles. 22nd
ed. New York: McGraw, 2015. Print.
Other References
www.boeing.com
www.airbus.com
www.investopedia.com
www.myaccountingcourse.com
www.finance.yahoo.com
Almanac of Business and Industrial Financial Ratios
www.bloomberg.com
www.boeing.com
www.thestreet.com