Boeing Reports Record 2018 Results and Provides 2019 Guidance

CHICAGO, Jan. 30, 2019 — (PRNewswire) —  

Fourth Quarter 2018

  • Record revenue of $28.3 billion and record operating profit of $4.2 billion driven by higher volume
  • Record GAAP EPS of $5.93 and record core EPS (non-GAAP)* of $5.48 on strong performance

Full-Year 2018

  • Record revenue of $101.1 billion reflecting strong growth across the portfolio
  • Record GAAP EPS of $17.85 and record core EPS (non-GAAP)* of $16.01 driven by solid execution
  • Record operating cash flow of $15.3 billion; repurchased 26.1 million shares for $9.0 billion
  • Total backlog remains robust at $490 billion, including nearly 5,900 commercial airplanes
  • Cash and marketable securities of $8.6 billion provide strong liquidity

Outlook for 2019

  • Revenue guidance of between $109.5 and $111.5 billion reflects higher volume across all businesses
  • GAAP EPS of between $21.90 and $22.10; core EPS (non-GAAP)* of between $19.90 and $20.10
  • Operating cash flow expected to increase to between $17.0 and $17.5 billion

 













Table 1. Summary Financial Results

Fourth Quarter




Full Year



(Dollars in Millions, except per share data)

2018


2017


Change


2018


2017


Change













Revenues

$28,341


$24,770


14%


$101,127


$94,005


8%













GAAP












Earnings From Operations

$4,175


$2,978


40%


$11,987


$10,344


16%

Operating Margin

14.7%


12.0%


2.7 Pts


11.9%


11.0%


0.9 Pts

Net Earnings

$3,424


$3,320


3%


$10,460


$8,458


24%

Earnings Per Share

$5.93


$5.49


8%


$17.85


$13.85


29%

Operating Cash Flow

$2,947


$2,903


2%


$15,322


$13,346


15%

Non-GAAP*












Core Operating Earnings

$3,867


$2,589


49%


$10,660


$8,906


20%

Core Operating Margin

13.6%


10.5%


3.1 Pts


10.5%


9.5%


1.0 Pts

Core Earnings Per Share

$5.48


$5.07


8%


$16.01


$12.33


30%


*Non-GAAP measure; complete definitions of Boeing's non-GAAP measures are on page 6, "Non-GAAP Measures Disclosures."     


1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »
Featured Video
Editorial
Jobs
Mechanical Engineer 2 for Lam Research at Fremont, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Mechanical Engineer 3 for Lam Research at Fremont, California
Equipment Engineer, Raxium for Google at Fremont, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Upcoming Events
Celebrate Manufacturing Excellence at Anaheim Convention Center Anaheim CA - Feb 4 - 6, 2025
3DEXPERIENCE World 2025 at George R. Brown Convention Center Houston TX - Feb 23 - 26, 2025
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025
Automate 2025 at Detroit, Michigan, USA MI - May 12 - 15, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+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