Boeing stock investors and shareholders need to keep tabs on Boeing’s net worth. The better the company’s net worth, the better the investment for the shareholder. This American multinational corporation that designs and engineers’ planes, aircrafts, and systems. These are for use in the commercial, military, and space travel sectors. And it has grown to be one of America’s most successful aerospace companies.
Knowing Boeing’s net worth is vital for those interested in investing in the company. And as of the first quarter of 2022, the company boasts an estimated net worth of $104 billion. The net worth of any company provides insight into its level of stability. It’s also an indicator of whether a company has enough in its reserves to overcome any potential setbacks.
What is Boeing?
The Boeing Company was the brainchild of William Boeing. And the company started as a small airplane manufacturer in July 15, 1916. Its headquarters are in Chicago, Illinois, and its clients span the commercial aeronautics, military, and space exploration sectors.
William Boeing started producing seaplanes, which were popular at that time. The first model of the aircraft was a blue and white seaplane named B & W Seaplane after the initials of the founder’s name.
Today, the Boeing Group consists of two business units:
Boeing Commercial Airplanes and Boeing Defense, Space & Security
- Boeing’s Commercial Airplanes (BCA) division produces and markets commercial jetliners, business jets, and support, performance, and services products related to its primary commercial aircraft products.
- Boeing Defense, Space & Security (BDS) comprises three divisions: Aeronautics, Rotorcraft Systems, and Missile Systems.
What is the Boeing’s Net Worth?
The net worth of a company is, essentially, the value of its assets minus its current debt.
Boeing’s net worth is estimated to be $104 billion as of March 2022. The company earns over $62 billion per year from production alone. This revenue is primarily generated through commercial jetliners and military equipment sales.
That said, the company’s revenue is expected to increase by roughly 7.2% within the following year. It’s also predicted that Boeing’s net worth could increase substantially within that same period.
This business employs more than 150,000 people worldwide and has a diverse portfolio of products and services. These include commercial jetliners, military aircraft, satellites, missile defense systems, and space exploration.
Recognized for its commitment to quality and productivity in aerospace engineering, the Boeing Company has earned many awards in its 100-years.
Boeing made the list as one of America’s Most Admired Companies on two occasions, as voted by Fortune magazine. And in 2013, it received recognition from Aviation Week & Space Technology magazine as a Global Growth company. Boeing was also named a Market Leader in enterprise technology in 2016.
Given the above accolades and Boeing’s net worth of $104 billion, it’s easy to see why this company offers lucrative investment opportunities.