Boeing

Halal Rating :
Uncomfortable
Last Price $195
Market Cap $146.92b
1D Change

4.49 %

1 Year Change

2.58 %

Next Earnings Date

Yet to be announced

Company Overview

Boeing is one of the world's largest aerospace companies and a leading manufacturer of commercial jetliners, defense, space and security systems, and service provider of aftermarket support. The company designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide.

Boeing operates through four primary segments: Commercial Airplanes (BCA); Defense, Space & Security (BDS); Global Services (BGS); and Boeing Capital (BCC). The company is a major contractor for various government and military projects globally.

Revenue Sources

Pass

Based on Boeing's financial statements and business operations, their primary revenue streams come from aircraft manufacturing, defense contracts, aerospace services, and related technical support - all of which are halal business activities. While Boeing Capital provides financing services, this represents a minimal portion of overall revenue and is primarily focused on supporting aircraft sales rather than generating interest income.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $19.5b $19.74b - $708.0m 0.00% 3.59%
Dec. 31, 2024 $15.24b $19.77b - $755.0m 0.00% 3.82%
Sept. 30, 2024 $17.84b $24.33b - $728.0m 0.00% 2.99%
June 30, 2024 $16.87b $18.63b - $673.0m 0.00% 3.61%

Analyzing Boeing's financial data for the past four quarters: Interest expense has ranged from $569 million to $728 million per quarter, while total expenses ranged from $17.2 billion to $24.3 billion. The interest expense to total expense ratio has consistently remained below 5% across all quarters, indicating that interest is not a material part of Boeing's business model.

Operational Ethics

Fail

Boeing maintains significant ongoing business relationships with both Israel and China. The company has substantial defense contracts with Israel and operates an R&D center in that country. Additionally, Boeing has extensive ties with Chinese state-owned enterprises and the Chinese aviation industry, including partnerships that involve technology transfer and manufacturing cooperation.

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