Boeing Co (WBO:BA) Cyclically Adjusted FCF per Share: €-0.67 (As of Mar. 2026)


WBO:BA Boeing Co WBO:BA
64 GF Score
Price €204.10
GF Value €177.94
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Boeing Co Cyclically Adjusted FCF per Share?

Boeing Co WBO:BA +3.45% 64 Cyclically Adjusted FCF per Share is €-0.67 as of Mar. 2026. GuruFocus rates WBO:BA with a GF Score™ of 64/100 and a GF Value™ of €177.94 (Modestly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Boeing Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was €-1.596. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €-0.67 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Boeing Co's average Cyclically Adjusted FCF Growth Rate was -186.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Boeing Co was 23.30% per year. The lowest was -38.90% per year. And the median was 8.15% per year.

As of today (2026-07-06), Boeing Co's current stock price is €204.10. Boeing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €-0.67. Boeing Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Boeing Co was 603.23. The lowest was 10.23. And the median was 39.06.


Boeing Co  (WBO:BA) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Boeing Co was 603.23. The lowest was 10.23. And the median was 39.06.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Boeing Co Cyclically Adjusted FCF per Share Related Terms


Boeing Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Boeing Co's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Boeing Co Cyclically Adjusted FCF per Share Chart

Boeing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.33 4.22 3.98 1.05 -0.42

Boeing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.34 -0.03 -0.42 -0.67

WBO:BA vs LMT, HWM, GD: Cyclically Adjusted FCF per Share Comparison

For the Aerospace & Defense subindustry, Boeing Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Boeing Co Cyclically Adjusted Price-to-FCF vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Boeing Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Boeing Co's Cyclically Adjusted Price-to-FCF falls into.


WBO:BA
64GF Score
Boeing Co WBO:BA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boeing Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Boeing Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-1.596/330.2130*330.2130
=-1.596

Current CPI (Mar. 2026) = 330.2130.

Boeing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 3.529 241.018 4.835
201609 3.671 241.428 5.021
201612 3.369 241.432 4.608
201703 2.460 243.801 3.332
201706 6.401 244.955 8.629
201709 4.152 246.819 5.555
201712 3.453 246.524 4.625
201803 3.701 249.554 4.897
201806 6.213 251.989 8.142
201809 6.059 252.439 7.926
201812 3.713 251.233 4.880
201903 3.540 254.202 4.599
201906 -1.616 256.143 -2.083
201909 -4.613 256.759 -5.933
201912 -4.420 256.974 -5.680
202003 -7.571 258.115 -9.686
202006 -8.824 257.797 -11.303
202009 -7.620 260.280 -9.667
202012 -6.089 260.474 -7.719
202103 -5.281 264.877 -6.584
202106 -0.992 271.696 -1.206
202109 -0.732 274.310 -0.881
202112 0.741 278.802 0.878
202203 -5.473 287.504 -6.286
202206 -0.289 296.311 -0.322
202209 4.922 296.808 5.476
202212 4.946 296.797 5.503
202303 -1.219 301.836 -1.334
202306 3.931 305.109 4.254
202309 -0.478 307.789 -0.513
202312 4.448 306.746 4.788
202403 -5.898 312.332 -6.236
202406 -6.655 314.175 -6.995
202409 -2.848 315.301 -2.983
202412 -5.294 315.605 -5.539
202503 -2.812 319.799 -2.904
202506 -0.229 322.561 -0.234
202509 0.267 324.800 0.271
202512 0.401 324.054 0.409
202603 -1.596 330.213 -1.596

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €-0.67 mean?
Boeing Co (WBO:BA) has a Cyclically Adjusted FCF per Share of €-0.67 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Boeing Co and its competitors.
Is Boeing Co's Cyclically Adjusted FCF per Share too high?
Boeing Co's current Cyclically Adjusted FCF per Share is €-0.67. Overall, Boeing Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Boeing Co's Cyclically Adjusted FCF per Share compare to LMT and HWM?
Boeing Co's Cyclically Adjusted FCF per Share of €-0.67 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for an Aerospace & Defense company?
A good Cyclically Adjusted FCF per Share depends on the Aerospace & Defense industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Boeing Co and its competitors. Boeing Co's current Cyclically Adjusted FCF per Share is €-0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boeing Co stock overvalued right now?
Based on GuruFocus' analysis, Boeing Co (WBO:BA) is currently considered Modestly Overvalued. The stock's GF Value™ is €177.94, compared to a current price of €204.10 — trading 14.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €-0.67. Boeing Co's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Boeing Co (WBO:BA), the current Cyclically Adjusted FCF per Share is €-0.67 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Boeing Co (WBO:BA) Overvalued in 2026?

Based on GuruFocus' analysis, Boeing Co stock appears to be overvalued. The current stock price of €204.10 is trading 14.7% above its estimated GF Value™ of €177.94. GuruFocus considers Boeing Co to be Modestly Overvalued.

Key valuation signals for WBO:BA:

  • Cyclically Adjusted FCF per Share: €-0.67
  • GF Value™: €177.94 vs. price of €204.10 (14.7% above fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the WBO:BA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boeing Co Business Description

Address 929 Long Bridge Drive, Arlington, VA, USA, 22202
Boeing is a major aerospace and defense firm operating in three segments: commercial airplanes; defense, space, and security; and global services. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft that can carry more than 130 passengers. Boeing's defense, space, and security segment competes with defense contractors such as Lockheed Martin and Northrop Grumman to create military aircraft, satellites, and weaponry. Global services provides aftermarket support to airlines.
64GF Score

Get the complete analysis for WBO:BA

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€204.10
Price
€177.94
GF Value