Boeing Reports Strong 2009 Revenue & Cash Flow on Solid Core Performance

(PRNewswire) —

Fourth-Quarter 2009

  • Revenue grew to $17.9 billion and operating margin grew to 9.4 percent, driving net income to $1.75 per share
  • Operating cash flow increased to $3.2 billion

Full-Year 2009

  • Revenue grew to $68.3 billion while earnings reflected solid core operating performance affected by previously announced events
  • Operating cash flow of $5.6 billion reflects strong management of working capital
  • Cash and marketable securities of $11.2 billion provides strong liquidity for 2010
  • Backlog of $316 billion – over four times current annual revenue

Outlook

  • 2010 EPS guidance of $3.70 to $4.00 reflects lower volumes and considers risks

Table 1.  Summary Financial Results


Fourth Quarter


Full Year


(Dollars in Millions, except per share data)

2009

2008

Change 

2009

2008

Change 








Revenues

$17,937   

$12,664   

42%

$68,281   

$60,909   

12%

Earnings/(Loss) From Operations

$1,693   

($243)  

NA

$2,096   

$3,950   

(47%)

Operating Margin

9.4%

(1.9%)

  11.3 Pts

3.1%

6.5%

 (3.4)Pts

Net Income/(Loss)

$1,268   

($86)  

NA

$1,312   

$2,672   

(51%)

Earnings/(Loss) per Share

$1.75   

($0.12)  

NA

$1.84   

$3.67   

(50%)

Operating Cash Flow

$3,212   

($1,641)  

NA

$5,603   

($401)  

NA



The Boeing Company (NYSE: BA) reported fourth-quarter net income of $1.3 billion , or $1.75 per share, as revenue rose 42 percent to $17.9 billion .  Current period results reflect solid performance across core businesses and represent a significant improvement over the year-ago quarter, which included a labor strike and a charge on the 747 program (Table 1).  

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13  Next Page »



Review Article Be the first to review this article
Rand3D

Featured Video
Jobs
Mechanical Engineer for The Planate Management Group LLC at Perry Point, MD
Structural Engineer for The Planate Management Group LLC at Perry Point, MD
Upcoming Events
Design for Metal Additive Manufacturing Short Course at Revere Hotel Boston Common 200 Stuart St Boston MA - Nov 27 - 28, 2017
IMTS2018 International Manufacturing Tech Show at McCormick Place Chicago IL - Sep 10 - 15, 2018
Kenesto: 30 day trial



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise