Subscribe

24 - Boeing

Boeing Co. Dreamliner 787 planes sit on the production line at the company's final assembly facility in North Charleston, South Carolina, U.S., on Tuesday, Dec. 6, 2016. On the day President-elect Donald Trump lashed out at Boeing Co. for the cost of replacing Air Force One, mechanics and engineers at the planemaker's South Carolina factory were focused on another challenge: making the first 787-10 Dreamliner. The manufacturer is counting on the newest and longest Dreamliner to help turn its marquee carbon-fiber jet into a cash machine. Photographer: Travis Dove/Bloomberg via Getty Images Travis Dove — Bloomberg via Getty Images

The world’s largest aerospace company spent its year working to reclaim the ground it lost during its centennial. It has plenty to show for it: $94.6 billion in revenue and $76 billion in net new orders. Still, the reclassification of costs for two 787 Dreamliner flight-test airplanes, tough decisions around 747 production (slow sales led to unsold aircraft), and higher costs on developing models weighed on operating performance. Low oil prices have also relaxed customers’ need for new, fuel-efficient models. Still, reviving interest in the F/A-18 Super Hornet sparked by none other than President Trump may help revive the company’s fighter jet business.

Read more!

Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$94571
Revenue Percent Change-1.6%
Profits ($M)$4,895.0
Profits Percent Change-5.4%
Assets ($M)$89997
Market Value — as of March 31, 2017 ($M)$107,546
Employees150,540
Previous Rank24

Company Facts

Employees150,540
SectorAerospace & Defense
IndustryAerospace and Defense
HQ LocationChicago, IL
CEODennis A. Muilenburg
CEO Title-
Websitewww.boeing.com
Years on Fortune 500 List23

See Full List

Outbrain
Read more!