Boeing CoXSWX:BA -1.41%67 Gross Margin % is 11.46% as of Mar. 2026, which is 106% above its 10-year median of 5.57. GuruFocus rates XSWX:BA with a GF Score™ of 67/100 and a GF Value™ of CHF171.20. The stock has 3 warning signs investors should review. Among 342 Aerospace & Defense companies, Boeing Co ranks worse than 93.27% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Boeing Co's Gross Profit for the
three
months ended in Mar. 2026 was CHF2,004 Mil. Boeing Co's Revenue for the
three
months ended in Mar. 2026 was CHF17,491 Mil. Therefore, Boeing Co's Gross Margin % for the quarter that ended in Mar. 2026 was 11.46%.
The historical rank and industry rank for Boeing Co's Gross Margin % or its related term are showing as below:
XSWX:BA'
s Gross Margin % Range Over the Past 10 Years
Min: -9.78 Med: 5.57 Max: 19.42
Current: 4.79
During the past 13 years, the highestGross Margin % of Boeing Co was 19.42%. The lowest was -9.78%. And the median was 5.57%.
XSWX:BA's Gross Margin % is ranked worse than 93.27% of 342
companies
in the Aerospace & Defense industry
Industry Median: 26.65
vs XSWX:BA: 4.79
Boeing Co had a gross margin of 11.46% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Boeing Co was 0.00% per year.
Boeing Co (XSWX:BA) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Boeing Co had a gross margin of 11.46% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Boeing Co Gross Margin % Related Terms
Boeing Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Boeing Co's Gross Margin % 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.
XSWX:BA vs RTX, LMT, HWM: Gross Margin % Comparison
For the Aerospace & Defense subindustry, Boeing Co's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Boeing Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Boeing Co's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Boeing Co (XSWX:BA) has a Gross Margin % of 11.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Boeing Co and its competitors. This is 106% above median its historical median of 5.57. According to the industry distribution chart, Boeing Co ranks #319 out of 342 companies in the Aerospace & Defense industry, placing it in the top 93.3%.
Is Boeing Co's Gross Margin % too high?
Boeing Co's current Gross Margin % of 11.46% is 106% above median its 10-year median of 5.57. The Aerospace & Defense industry median Gross Margin % is 26.65. Boeing Co's value of 11.46% is 57% below this industry median. Based on the distribution chart, Boeing Co ranks #319 out of 342 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Boeing Co has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Boeing Co's Gross Margin % compare to RTX and LMT?
According to the Aerospace & Defense industry distribution chart, Boeing Co ranks #319 out of 342 companies for Gross Margin %. This places Boeing Co in the lower half of its industry. The industry median Gross Margin % is 26.65. Boeing Co's value of 11.46% is 57% below this benchmark. While the company's 10-year median is 5.57 vs. the industry median of 26.65, Boeing Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.65, based on 342 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boeing Co's current Gross Margin % of 11.46% is 57% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Boeing Co and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boeing Co's current Gross Margin % is 11.46%, which is 106% above median its own 10-year median of 5.57. 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?
Boeing Co (XSWX:BA) has a current Gross Margin % of 11.46%. The stock's GF Value™ is CHF171.20, compared to a current price of CHF177.56 — trading 3.7% above its estimated fair value. The current Gross Margin % is 11.46%, which is 106% above median its 10-year median of 5.57 and 57% below the Aerospace & Defense industry median of 26.65. Boeing Co's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Boeing Co (XSWX:BA), the current Gross Margin % is 11.46% 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 (XSWX:BA) Overvalued in 2026?
Based on GuruFocus' analysis, Boeing Co stock appears to be overvalued.
The current stock price of CHF177.56 is trading 3.7% above its estimated GF Value™ of CHF171.20.
Key valuation signals for XSWX:BA:
Gross Margin %: 11.46% (106% above median its 10-year median of 5.57)
GF Value™: CHF171.20 vs. price of CHF177.56 (3.7% above fair value)
Industry Position: 57% below the Aerospace & Defense median (#319 of 342)
No single metric tells the full story. See the XSWX:BA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
67GF Score
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