1 Top Management and Board of Directors; 2 INSIDER OWNERSHIP AND SELLING IN THE PAST 12 MONTHS; 3 Peer Comparison & Ranking of BA; 4 Patents Top Management and Board of Directors Top Management Top Management [Six top executives with tenure < 1 yr] Name Designation Since Appointment Kelly Ortberg Chief Executive Officer, President 9 Mos Steven M. Mollenkopf Independent Chairman - Brian J. West Chief Financial Officer, Executive Vice President - Stephanie F. Pope Chief Operating Officer, Executive Vice President, Chief Executive Officer of Commercial Airplanes - Uma Amuluru Executive Vice President, Chief Human Resources Officer - Brett C. Gerry Chief Legal Officer, Executive Vice President - Global Compliance - Board Of Directors Board Of Directors [Four directors with tenure > 5 yrs] Name Designation Since Appointment Lynn Good Director 9 Yrs, 9 Mos Akhil Johri Director 5 Yrs, 4 Mos John M. Richardson Independent Director 6 Yrs, 4 Mos Robert A. Bradway Independent Director 9 Yrs, 4 Mos Board Of Directors [Four directors with tenure < 5 yrs] Name Designation Since Appointment Gitlin David L. Director 3 Yrs, 4 Mos David L. Joyce Director 4 Yrs, 4 Mos Stayce D. Harris Director 4 Yrs, 4 Mos Lynne M. Doughtie Independent Director 4 Yrs, 4 Mos INSIDER OWNERSHIP AND SELLING IN THE PAST 12 MONTHS Shares Held by Insiders as on May 08, 2025 (Value computed at price $191.75) Name Shares Held Value, $ Brian J. West 101,369 19,437,506 Brett C. Gerry 84,547 16,211,887 Lynn Good 15,308 2,935,309 Robert A. Bradway 14,212 2,725,151 Steven M. Mollenkopf 10,955 2,100,621 Akhil Johri 9,654 1,851,154 David L. Joyce 7,798 1,495,266 Stayce D. Harris 7,108 1,362,959 John M. Richardson 5,962 1,143,214 Gitlin David L. 5,721 1,097,002 Lynne M. Doughtie 4,694 900,074 Total 267,328 51,260,144 Brian J. West now has a beneficial interest in 101,369 Boeing shares worth $19.4 million. Brett C. Gerry now has a beneficial interest in 84,547 Boeing shares worth $16.2 million. Lynn Good now has a beneficial interest in 15,308 Boeing shares worth $2.9 million. Robert A. Bradway now has a beneficial interest in 14,212 Boeing shares worth $2.7 million. Steven M. Mollenkopf now has a beneficial interest in 10,955 Boeing shares worth $2.1 million. Akhil Johri now has a beneficial interest in 9,654 Boeing shares worth $1.9 million. David L. Joyce now has a beneficial interest in 7,798 Boeing shares worth $1.5 million. Stayce D. Harris now has a beneficial interest in 7,108 Boeing shares worth $1.4 million. John M. Richardson now has a beneficial interest in 5,962 Boeing shares worth $1.1 million. Gitlin David L. now has a beneficial interest in 5,721 Boeing shares worth $1.1 million. Lynne M. Doughtie now has a beneficial interest in 4,694 Boeing shares worth $900,074. Insider selling Summary in the past 12 months Name No. of Shares Price, $ Value, $ Amuluru Uma M [Executive Vice President] 3,159 180.7 570,800 Total 3,159 180.7 570,800 Peer Comparison & Ranking of BA BUYSELLSIGNALS FUNDAMENTALS VALUATION RANKING: Boeing vs NYSE Market Out of 1,907 stocks and 38 units in the NYSE Market, Boeing is ranked Thirty-ninth(39) by Revenue, 511th(511) by P/Sales, 1659th(1659) by EBITDA Margin% and 1709th(1709) by Premium to 52-Wk Low. NYSE Avg BA BA Rank Revenue $ - 77.8 B 39 P/Sales 1.9x 2.2x 511 EBITDA Margin% 14.2 (2.6) 1659 Premium to 52-Wk Low (%) 20.04 48.8 1709 Discount to 52-Wk High (%) 8.8 2.6 1837 Net Profit $ - (2.2 B) 2651 Negative values are shown in brackets. Stock in Index and Stock in Sector Description BA S&P 500 Index % of S&P 500 Index Aerospace sector % of Aerospace sector Net Profit $ -2,222,000,000 1,184.9 B -0.2 2.8 B -78.6 Revenue $ 77.8 B 12,086.9 B 0.6 200.6 B 38.8 Total Assets $ 137 B 35,802.9 B 0.4 396.5 B 34.6 MCap $ 144.3 B 48,923 B 0.3 508 B 28.4 Relative Valuation Indicators: Stock vs Index and Stock vs Sector Description BA S&P 500 Index Avg. Aerospace sector Avg. Price/Earnings -10.5 13.2 -82.2 Price/Net Tangible Assets -5.26 8.09 -6.82 GLOBAL RANK [out of 46,079 stocks] AND RANK OF BOEING IN THE AMERICAN REGION [out of 9,094 stocks] Description Value Global Rank In Am Region MCap ($) 144.3B 114 71 Total Assets ($) 137B 457 160 Revenue ($) 77.8B 190 61 Net Profit ($) (2.2B) 42,123 7,546 Net Profit Margin % (2.9) 29,566 3,813 PV1000 (1Year) $ 1,063 17,583 3,465 $ Change (1Year) % -18.9 29,006 5,060 RANK OF BOEING IN THE S&P 500 INDEX [out of 349 stocks], IN THE NYSE MARKET [out of 1887 stocks] AND IN THE AEROSPACE SECTOR [out of 18 stocks] Description Value In S&P 500 Index In NYSE Market In Aerospace sector MCap ($) 144.3B 43 45 2 Total Assets ($) 137B 46 56 2 Revenue ($) 77.8B 36 39 1 Net Profit ($) (2.2B) 345 1,927 18 Net Profit Margin % (2.9) 333 1,432 13 PV1000 (1Year) $ 1,063 196 670 10 LONG-TERM FUNDAMENTAL RANKING: 3 OUT OF 5 [5 is best] Boeing is ranked number 2 out of 21 listed aerospace companies in the United States with a market capitalization of $144.3 billion. Stocks are scored on a set of parameters reflecting fundamental analytical tools involving valuation, size and financial performance. They are ranked according to the average values of those parameters. The highest ranking is 5 and the lowest ranking is 1. Patents Number of Patents Issued to Boeing by the US Patent Office and the European Patent Office A total of 13,592 patents were issued to Boeing in the last eleven years. In the past year 1,162 patents were issued, 0.9 times average of 1,236 patents per year. 12 months ended May 08 No. of Patents Issued 2025 1,162 2024 1,690 2023 1,536 2022 1,265 2021 1,643 2020 1,624 2019 1,381 2018 1,343 2017 1,080 2016 699 2015 169 Total 13,592 Rank by patents issued in the past 12 months: Boeing vs NYSE stocks Boeing is ranked 11 by patents issued in the past year out of 2,235 NYSE listed companies. A total of 79,682 patents were issued to NYSE listed companies in the past year, an average of 181.5 patents per company. Boeing received 1,623 patents in the past 12 months, 46 times average. 1 Financials as Reported FY 2023, Past 10 Years Financials as Reported FY 2023, Past 10 Years Financials as reported (FY 2023 [year-ended 31 December 2023 ]) 10-K RESULTS OF OPERATIONS AND FINANCIAL CONDITION (In $ Million, except per share data and shares outstanding) INCOME STATEMENT AS REPORTED (FY 2023 [year-ended 31 December 2023 ]) Description $ Million $ Million Dec 31 2023 2022 Change % Sales of products 65,581 55,893 Up 17.3 Sales of services 12,213 10,715 Up 14.0 Total revenues 77,794 66,608 Up 16.8 Cost of products -59,864 -53,969 Deterioration 10.9 Cost of services -10,206 -9,109 Deterioration 12.0 Total costs and expenses -70,070 -63,078 Deterioration 11.1 7,724 3,530 Up 118.8 Income/(loss) from operating investments net 46 -16 Recovery General and administrative expense -5,168 -4,187 Deterioration 23.4 Research and development expense net -3,377 -2,852 Deterioration 18.4 Gain on dispositions net 2 6 Down 66.7 Loss from operations -773 -3,519 Improved 78.0 Other income net 1,227 1,058 Up 16.0 Interest and debt expense -2,459 -2,561 Improved 4.0 Loss before income taxes -2,005 -5,022 Reduced 60.1 Income tax (expense)/benefit -237 -31 Deterioration 664.5 Net loss -2,242 -5,053 Improved 55.6 Less: net loss attributable to noncontrolling interest -20 -118 Improved 83.1 Net loss attributable to Boeing Shareholders -2,222 -4,935 Reduced 55.0 Basic loss per share -367.0c -830.0c Reduced 55.8 Diluted loss per share -367.0c -830.0c Improved 55.8 Weighted average number of ordinary share Basic 606,100,000 594,900,000 Up 1.9 Weighted average number of ordinary share Diluted 606,100,000 595,200,000 Up 1.8 BALANCE SHEET AS REPORTED (FY 2023 [year-ended 31 December 2023 ]) Description $ Million $ Million Dec 31 2023 2022 Change % Assets Cash and cash equivalents 12,691 14,614 Down 13.2 Short-term and other investments 3,274 2,606 Up 25.6 Accounts receivable net 2,649 2,517 Up 5.2 Unbilled receivables net 8,317 8,634 Down 3.7 Current portion of financing receivables net 99 154 Down 35.7 Inventories 79,741 78,151 Up 2.0 Other current assets net 2,504 2,847 Down 12.0 Total current assets 109,275 109,523 Down 0.2 Financing receivables and operating lease equipment net 860 1,450 Down 40.7 Property plant and equipment net 10,661 10,550 Up 1.1 Goodwill 8,093 8,057 Up 0.4 Acquired intangible assets net 2,094 2,311 Down 9.4 Deferred income taxes 59 63 Down 6.3 Investments 1,035 983 Up 5.3 Other assets net of accumulated amortization of 1046 and 949 4,935 4,163 Up 18.5 27,737 27,577 Up 0.6 Total assets 137,012 137,100 Down 0.1 Liabilities and equity Accounts payable 11,964 10,200 Up 17.3 Accrued liabilities 22,331 21,581 Up 3.5 Advances and progress billings 56,328 53,081 Up 6.1 Short-term debt and current portion of long-term debt 5,204 5,190 Up 0.3 Total current liabilities 95,827 90,052 Up 6.4 Deferred income taxes 229 230 Down 0.4 Accrued retiree health care 2,233 2,503 Down 10.8 Accrued pension plan liability net 6,516 6,141 Up 6.1 Other long-term liabilities 2,332 2,211 Up 5.5 Long-term debt 47,103 51,811 Down 9.1 58,413 62,896 Down 7.1 Total liabilities 154,240 152,948 Up 0.8 Shareholders' equity: Common stock par value 5.00 - 1200000000 shares authorized; 1012261159 shares issued 5,061 5,061 Steady Additional paid-in capital 10,309 9,947 Up 3.6 Treasury stock at cost -49,549 -50,814 Improved 2.5 Retained earnings 27,251 29,473 Down 7.5 Accumulated other comprehensive loss -10,305 -9,550 Deterioration 7.9 Total shareholders' deficit -17,233 -15,883 Deterioration 8.5 Noncontrolling interests 5 35 Down 85.7 Total equity -17,228 -15,848 Deterioration 8.7 Total liabilities and equity 137,012 137,100 Down 0.1 CASH FLOW AS REPORTED (FY 2023 [year-ended 31 December 2023 ]) Description $ Million $ Million Dec 31 2023 2022 Change % Cash flows - operating activities: Net loss -2,242 -5,053 Improved 55.6 Adjustments to reconcile net loss to net cash provided/(used) by operating activities: Non-cash items - Share-based plans expense 690 725 Down 4.8 Treasury shares issued for 401(k) contribution 1,515 1,215 Up 24.7 Depreciation and amortization 1,861 1,979 Down 6.0 Investment/asset impairment charges net 46 112 Down 58.9 Gain on dispositions net -2 -6 Improved 66.7 787 reach-forward loss Other charges and credits net 3 401 Down 99.3 Changes in assets and liabilities - Accounts receivable -128 142 Deterioration Unbilled receivables 321 6 Up 5,250.0 Advances and progress billings 3,365 108 Up 3,015.7 Inventories -1,681 420 Deterioration Other current assets 389 -591 Recovery Accounts payable 1,672 838 Up 99.5 Accrued liabilities 779 2,956 Down 73.6 Income taxes receivable payable and deferred 44 1,347 Down 96.7 Other long-term liabilities -313 -158 Deterioration 98.1 Pension and other postretirement plans -1,049 -1,378 Improved 23.9 Financing receivables and operating lease equipment net 571 142 Up 302.1 Other 119 307 Down 61.2 Net cash provided/(used) by operating activities 5,960 3,512 Up 69.7 Cash flows - investing activities: Payments to acquire property plant and equipment -1,527 -1,222 Deterioration 25.0 Proceeds from disposals of property plant and equipment 27 35 Down 22.9 Acquisitions net of cash acquired -70 Contributions to investments -16,448 -5,051 Deterioration 225.6 Proceeds from investments 15,739 10,619 Up 48.2 Other -158 -11 Deterioration 1,336.4 Net cash (used)/provided by investing activities -2,437 4,370 Deterioration Cash flows - financing activities: New borrowings 75 34 Up 120.6 Debt repayments -5,216 -1,310 Deterioration 298.2 Stock options exercised 45 50 Down 10.0 Employee taxes on certain share-based payment arrangements -408 -40 Deterioration 920.0 Other 17 Net cash used by financing activities -5,487 -1,266 Deterioration 333.4 Effect of exchange rate changes on cash and cash equivalents 30 -73 Recovery Net (decrease)/increase in cash & cash equivalents including restricted -1,934 6,543 Deterioration Cash & cash equivalents including restricted at beginning of year 14,647 8,104 Up 80.7 Cash & cash equivalents including restricted at end of year 12,713 14,647 Down 13.2 Less restricted cash & cash equivalents included in Investments 22 33 Down 33.3 Cash and cash equivalents at end of year 12,691 14,614 Down 13.2 Download BOEING Financials Past 10 Years Description (December 31) 2023 2022 2021 2020 2019 Income Statement Revenue per share 128.35 111.91 106 102.21 135.26 Tax (237 M) (31 M) 743 M 2.5 B 1.6 B Net profit (2.2 B) (4.9 B) (4.2 B) (11.9 B) (636 M) EPS (3.67) (8.3) (7.15) (20.88) (1.12) Balance Sheet Equity Share Capital (B) (17.2) (15.9) (15) (18.3) (8.6) Retained Earnings (B) 27.3 29.5 34.4 38.6 50.6 Total Debt (B) 52.3 57 58.1 63.6 27.3 Total Assets (B) 137 137.1 138.6 152.1 133.6 Current Asset (B) 109.3 109.5 108.7 121.6 102.2 Fixed Asset (B) 10.7 10.6 10.9 11.8 12.5 Working Capital (B) 13.4 19.5 26.7 34.4 4.9 Cash Flow Operating Cash Flow (B) 6 3.5 (3.4) (18.4) (2.4) Investing Cash Flow (B) (2.4) 4.4 9.3 (18.4) (1.5) Financing Cash Flow (B) (5.5) (1.3) (5.6) 35 5.7 Net Cash Flow (2 B) 6.6 B 308 M (1.8 B) 1.8 B Description (December 31) 2018 2017 2016 2015 2014 Income Statement Revenue per share 172.72 154.11 147.12 138.07 123.2 Tax (1.1 B) (1.6 B) 673 M 2 B 1.7 B Net profit (B) 10.5 8.5 4.9 5.2 5.4 EPS 18.05 14.03 7.61 7.44 7.38 Balance Sheet Equity Share Capital 339 M 1.7 B 757 M 6.3 B 8.5 B Retained Earnings (B) 55.9 33.2 40.7 38.8 36.2 Total Debt (B) 13.8 11.1 10 9.1 Total Assets (B) 117.4 112.4 90 94.4 92.9 Current Asset (B) 87.8 85.2 62.5 68.2 67.8 Fixed Asset (B) 12.6 12.7 12.8 12.1 11 Working Capital (B) 6.2 10.5 12.4 17.8 19.5 Cash Flow Operating Cash Flow (B) 15.3 13.3 10.5 9.4 8.9 Investing Cash Flow (B) (4.6) (2.1) (3.4) (1.8) 2.5 Financing Cash Flow (B) (11.7) (11.3) (9.6) (7.9) (8.6) Net Cash Flow (1 B) (62 M) (2.5 B) (403 M) 2.7 B