Boeing’s net worth is estimated to be $135 billion as of 2024. Boeing is an American company that designs, manufactures, and sells aircraft, helicopters, telecommunications equipment, missiles, and satellites. The company is known as one of the largest Aeroplan manufacturers in the world to all countries. You must have heard about their planes. The company is currently headquartered in Chicago, Illinois, as of 2023. It is one of the largest aircraft manufacturers and is also considered the third largest defense contractor manufacturer.
The demand for aircrafts has increased as the aviation industry has boomed, and the company has become the largest aircraft manufacturer. The company was founded by founder William Boeing in Seattle, Washington, in 1916 and has been manufacturing aircrafts for a very long time in the industry. The company has manufactured aircrafts of various brands and for many countries around the world. The company is known for its high quality and extremely reliable design. The company always prioritizes security points. Also, check out Facebook Net Worth, Apple Net Worth.
Boeing Net Worth
Boeing has been an industry leader for many years and has monopolized the market with its premium products. Boeing has generated a net worth of $135 billion by 2024. The company has grown rapidly in the past few years as the aviation industry is expected to grow rapidly post Covid. The company has also reported a huge amount of revenue. In 2023, the company reported a total revenue of $73.608 billion. However, there was a decline in revenue compared to 2018 due to the Covid-19 fallout.
In 2018, the company reported a total revenue of $101.127 billion. The company also reported a loss of $4290 million in 2021 due to a decrease in customers. The company’s total market capitalization in 2023 is $135 billion. The stock price has also decreased. The current stock price is $143, having peaked at $424 in February 2019. These numbers are also expected to increase in the future.
| Name | Boeing aircraft |
| Net worth 2024 | 135 billion dollars |
| Net worth in Indian Rupees | 10.40 trillion rupees |
| Net income: | -4.472 million dollars |
| Revenue | $73,608 million |
| Total assets | $134.774 billion |
| PE ratio | 0.00 |
| Founder: | William E. Boeing |
| Chief Executive Officer | Dave Calhoun (January 13, 2020–) |
| Head office: | Arlington, Virginia, United States |
| Established: | July 15, 1916, Seattle, Washington, USA |
| Subsidiaries: | Aviall, Boeing Defense, Space and Security, MORE |
| Website | https://www.boeing.com/ |
Boeing’s revenue in 2023
- Boeing’s revenue for the quarter ending June 30, 2023 is $19.751 billion.
- Boeing’s revenue for the twelve months ended June 30, 2023 was $73.608 billion.
- Boeing’s annual revenue in 2022 is $66.608 billion.
- Boeing’s annual revenue in 2021 was $62.286 billion.
- Boeing’s annual revenue in 2020 was $58.158 billion
- Boeing’s annual revenue in 2019 was $76.559 billion
| Boeing’s revenue | Millions of US dollars |
|---|---|
| 2023 | $73,608 |
| 2022 | $61,421 |
| 2021 | $62,286 |
| 2020 | $58,158 |
| 2019 | $76,559 |
| 2018 | $101,127 |
| 2017 | $94,005 |
| 2016 | $93,496 |
| 2015 | $96,114 |
| 2014 | $90,762 |
| 2013 | $86,623 |
The Birth of Boeing
Boeing was founded in 1916 by William E. Boeing. In 1917, the company was renamed The Boeing Company, which consisted of two major companies, Boeing Airplane and Transport Corporation. In 1929, the company acquired other aviation companies such as Vought, Sikorsky Aviation, Stearman Aircraft, Pratt and Whitney, and Hamilton Metalplane, and changed its name to United Aircraft and Transport Corporation. In 1934, the company decided to separate The Boeing Company from aircraft manufacturing.
The company experienced strong growth in the early years of The Boeing Company because at that time, the aircraft company was new to the world and there was a huge demand for aircraft. Their company also partnered with other companies to take advantage of teamwork. Today, it is one of the top and tallest aircraft manufacturers. Also, check out Microsoft’s Net Worth.
Boeing Net Income 2023
- Boeing’s net income for the quarter ending June 30, 2023 was -$0.149 billion.
- Boeing’s net income for the twelve months ended June 30, 2023 was -$4.472 billion.
- Boeing’s annual net income in 2022 is -$4.935 billion.
- Boeing’s 2021 annual net income is -$4.202 billion.
- Boeing’s 2020 annual net income was -$11.873 billion
- Boeing’s 2019 annual net income was -$0.636 billion
| Boeing Net Income | Millions of US dollars |
|---|---|
| 2023 | $-4,472 |
| 2022 | $-8,444 |
| 2021 | $-4,202 |
| 2020 | $-11,873 |
| 2019 | $-636 |
| 2018 | $10,453 |
| 2017 | $8,452 |
| 2016 | $5,031 |
| 2015 | $5,172 |
| 2014 | $5,440 |
| 2013 | $4,578 |
The Evolution of Boeing
Boeing launched its services in 1916 and since then, the company has undergone many changes. In 1929, the company was renamed United Aircraft and Transport Corporation. The company merged other leading aviation companies such as Vought, Sikorsky Aviation, Stearman Aircraft, Pratt and Whitney, and Hamilton Metalplane. In 1960, the company also bought one of the leading helicopter manufacturers at that time called Vertol Aircraft Corporation. At this time, the company was manufacturing its own aircraft and transport services.
However, the company has made up for it by offering interests in space travel, transportation systems, ships, agriculture, and energy production. In 2001, the company moved its operations from Seattle to Chicago. In 2020, Boeing faced financial challenges during the covid period, and as a result, the company also cut 12,000 jobs. The company has made many other changes to take its business to the next level. Also, check out Google Net Worth.
Boeing’s assets in 2023
- Boeing’s total assets for the quarter ending June 30, 2023 are $134.774 billion
- Boeing’s total assets in 2022 are $137.1 billion
- Boeing’s total assets in 2021 are $138.552 billion
- Boeing’s total assets in 2020 were $152.136 billion.
- Boeing’s total assets in 2019 were $133.625 billion.
| Boeing Assets | Millions of US dollars |
|---|---|
| 2023 | $134,774 |
| 2022 | $137,558 |
| 2021 | $138,552 |
| 2020 | $152,136 |
| 2019 | $133,625 |
| 2018 | $117,359 |
| 2017 | $112,362 |
| 2016 | $89,997 |
| 2015 | $94,408 |
| 2014 | $92,921 |
| 2013 | $92,663 |
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Boeing: Awards and Achievements
Boeing has been providing its services in the aviation industry for a long time and has earned the trust of its customers. The company has also received awards and achievements for its words. In 2019, the company won the Boeing Award for Best Company Benefits and Perks and Best Company Compensation. You may also likeAmazon Net Worth.
Boeing made it to Fortune magazine’s “Fortune 500” list in 2020 and was also listed in the “Fortune Global 500” at number 121. The company also won the Boeing Performance Excellence Award for the 10th consecutive time in 2019. Here are some of the awards the company has won. The company has achieved various achievements over the years in the industry.
Frequently Asked Questions
What is Boeing’s net worth?
Boeing’s total net worth is approximately $135 billion.
When was Boeing founded?
Boeing was founded on July 15, 1916 in Seattle, Washington, USA.
Who were the founders of Boeing?
The name of Boeing’s founder is William E. Boeing.
Who is the CEO of Boeing?
Currently, Boeing CEO is Dave Calhoun (January 13, 2020–)
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