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Boeing vs Ford Motor: revenue, profit, margins and growth compared

Boeing brought in $89.5B of revenue in fiscal 2025, Ford Motor $187.3B in fiscal 2025. Revenue changed by +34.5% at Boeing and +1.2% at Ford Motor on the year before, so Boeing grew faster. Boeing kept 2.5% of its revenue as net profit, Ford Motor -4.4%. Free cash flow was -$1.9B at Boeing and $12.5B at Ford Motor.

Side by side, latest fiscal year

BAF
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$89.5B$187.3B
Revenue growth+34.5%+1.2%
Net income$2.2B-$8.2B
Net margin2.5%-4.4%
Free cash flow-$1.9B$12.5B
Free cash flow margin-2.1%6.7%
Earnings per share (diluted)$2.48-$2.06
Cash$10.9B$23.4B
Debt$53.8Bn/a
Price to earnings79.9n/a
Market value$156.5B$49.8B
Dividend yieldn/a5.90%
Rank by revenue in sector#4 of 451 · Industrials#1 of 451 · Industrials

Over the years

Revenue
BA FY2018: $101.1BBA FY2019: $76.6BBA FY2020: $58.2BBA FY2021: $62.3BBA FY2022: $66.6BBA FY2023: $77.8BBA FY2024: $66.5BBA FY2025: $89.5BF FY2018: $160.3BF FY2019: $155.9BF FY2020: $127.1BF FY2021: $136.3BF FY2022: $158.1BF FY2023: $176.2BF FY2024: $185BF FY2025: $187.3BFY18FY19FY20FY21FY22FY23FY24FY25
BA $89.5BF $187.3B
Net income
BA FY2018: $10.5BBA FY2019: -$636MBA FY2020: -$11.9BBA FY2021: -$4.2BBA FY2022: -$4.9BBA FY2023: -$2.2BBA FY2024: -$11.8BBA FY2025: $2.2BF FY2018: $3.7BF FY2019: $47MF FY2020: -$1.3BF FY2021: $17.9BF FY2022: -$2BF FY2023: $4.3BF FY2024: $5.9BF FY2025: -$8.2BFY18FY19FY20FY21FY22FY23FY24FY25
BA $2.2BF -$8.2B
Net margin
BA FY2018: 10.3%BA FY2019: -0.8%BA FY2020: -20.4%BA FY2021: -6.7%BA FY2022: -7.4%BA FY2023: -2.9%BA FY2024: -17.8%BA FY2025: 2.5%F FY2018: 2.3%F FY2019: 0.0%F FY2020: -1.0%F FY2021: 13.2%F FY2022: -1.3%F FY2023: 2.5%F FY2024: 3.2%F FY2025: -4.4%FY18FY19FY20FY21FY22FY23FY24FY25
BA 2.5%F -4.4%
Revenue growth
BA FY2019: -24.3%BA FY2020: -24.0%BA FY2021: +7.1%BA FY2022: +6.9%BA FY2023: +16.8%BA FY2024: -14.5%BA FY2025: +34.5%F FY2019: -2.8%F FY2020: -18.4%F FY2021: +7.2%F FY2022: +15.9%F FY2023: +11.5%F FY2024: +5.0%F FY2025: +1.2%FY19FY20FY21FY22FY23FY24FY25
BA +34.5%F +1.2%
Free cash flow
BA FY2018: $13.6BBA FY2019: -$4.3BBA FY2020: -$19.7BBA FY2021: -$4.4BBA FY2022: $2.3BBA FY2023: $4.4BBA FY2024: -$14.3BBA FY2025: -$1.9BF FY2018: $7.2BF FY2019: $10BF FY2020: $18.5BF FY2021: $9.6BF FY2022: -$13MF FY2023: $6.7BF FY2024: $6.7BF FY2025: $12.5BFY18FY19FY20FY21FY22FY23FY24FY25
BA -$1.9BF $12.5B

Fiscal years as each company reports them; the two may end in different months.

Questions about Boeing and Ford Motor

Which is bigger by revenue, Boeing or Ford Motor?

Ford Motor is bigger by revenue: $187.3B in fiscal 2025, against $89.5B for Boeing in fiscal 2025.

Which keeps more of its revenue as profit, Boeing or Ford Motor?

Boeing had a net margin of 2.5% in fiscal 2025; Ford Motor had -4.4% in fiscal 2025.

Which grew revenue faster, Boeing or Ford Motor?

In their latest fiscal years revenue changed by +34.5% at Boeing and +1.2% at Ford Motor.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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