Boeing Co (LIM:BA) Scaled Net Operating Assets: 0.19 (As of Mar. 2026)


LIM:BA Boeing Co LIM:BA
48 GF Score
Price $228.67
GF Value $208.81
Valuation Fairly Valued
! 3 Warning Signs
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What is Boeing Co Scaled Net Operating Assets?

Boeing Co LIM:BA 48 Scaled Net Operating Assets is 0.19 as of Mar. 2026. GuruFocus rates LIM:BA with a GF Score™ of 48/100 and a GF Value™ of $208.81 (Fairly Valued). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Boeing Co's operating assets for the quarter that ended in Mar. 2026 was $143,882 Mil. Boeing Co's operating liabilities for the quarter that ended in Mar. 2026 was $111,591 Mil. Boeing Co's Total Assets for the quarter that ended in Dec. 2025 was $168,235 Mil. Therefore, Boeing Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.19.


Boeing Co Scaled Net Operating Assets Historical Data

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The historical data trend for Boeing Co's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Boeing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.18 0.14 0.18 0.20

Boeing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.17 0.17 0.14 0.20 0.19

LIM:BA vs RTX, LMT, HWM: Scaled Net Operating Assets Comparison

For the Aerospace & Defense subindustry, Boeing Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Boeing Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Boeing Co's Scaled Net Operating Assets falls into.


LIM:BA
48GF Score
Boeing Co LIM:BA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Boeing Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Boeing Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(138835-108345)/156363
=0.19

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=168235 - 29400
=138835

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=162778 - 45637 - 8796
=108345

Boeing Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(143882-111591)/168235
=0.19

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=164787 - 20905
=143882

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=158800 - 44354 - 2855
=111591

* 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.

What does a Scaled Net Operating Assets of 0.19 mean?
Boeing Co (LIM:BA) has a Scaled Net Operating Assets of 0.19 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Boeing Co and its competitors.
Is Boeing Co's Scaled Net Operating Assets too high?
Boeing Co's current Scaled Net Operating Assets is 0.19. Overall, Boeing Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Boeing Co's Scaled Net Operating Assets compare to RTX and LMT?
Boeing Co's Scaled Net Operating Assets of 0.19 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 Scaled Net Operating Assets for an Aerospace & Defense company?
A good Scaled Net Operating Assets depends on the Aerospace & Defense industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Boeing Co and its competitors. Boeing Co's current Scaled Net Operating Assets is 0.19. 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 (LIM:BA) is currently considered Fairly Valued. The stock's GF Value™ is $208.81, compared to a current price of $228.67 — trading 9.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.19. Boeing Co's overall GF Score™ is 48/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Boeing Co (LIM:BA), the current Scaled Net Operating Assets is 0.19 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 (LIM:BA) Overvalued in 2026?

Based on GuruFocus' analysis, Boeing Co stock appears to be overvalued. The current stock price of $228.67 is trading 9.5% above its estimated GF Value™ of $208.81. GuruFocus considers Boeing Co to be Fairly Valued.

Key valuation signals for LIM:BA:

  • Scaled Net Operating Assets: 0.19
  • GF Value™: $208.81 vs. price of $228.67 (9.5% above fair value)
  • GF Score™: 48/100 with 3 warning signs

No single metric tells the full story. See the LIM: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.
48GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$228.67
Price
$208.81
GF Value