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Boeing Co. (BA) is one of the world’s leading aerospace companies. It develops and manufactures commercial jets, military aircraft, weapons systems, and strategic defense and intelligence systems. Boeing provides services and support to customers globally and it provides financing for orders and deliveries.
The top shareholders of Boeing are David L. Calhoun, Stanley A. Deal, Theodore Colbert III, Vanguard Group, BlackRock (BLK), and Capital Research Global Investors.
The U.S. Federal Aviation Agency (FAA) began recertification testing on Boeing Max 737 aircraft at the end of June 2020. The aircraft has been grounded since early 2019 following two fatal crashes in five months. The FAA lifted the grounding order in November 2020 when the aircraft satisfied certification standards.
Boeing’s 12-month trailing net revenue and income (TTM) are $69.44 billion and -$11.66 billion respectively as of March 31, 2025. The company’s market cap is about $173 billion as of July 2025.
Key Takeaways
- Boeing develops and manufactures commercial jets, military aircraft, weapons systems, and strategic defense and intelligence systems.
- The company has been besieged by problems with its aircraft since 2018 but it still boasts a market cap of about $172.88 billion as of July 2025.
- Boeing’s top individual shareholders are David Calhoun, Stanley Deal, and Theodore Colbert III; both Calhoun resigned and Deal retired in 2024.
- Boing’s top institutional shareholders are Vanguard, BlackRock, and Capital Research Global Investors.
Top 3 Individual Insider Shareholders
This list reflects direct ownership. It doesn’t include indirect ownership of shares or shares that are accessible through stock options.
Important
The term “insider” refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company’s stock. It has nothing to do with insider trading in this context.
David L. Calhoun
David Calhoun owned 261,523 shares of Boeing as of the company’s proxy filing, March 7, 2025.
Calhoun served as Boeing’s CEO until his resignation in March 2024. He cited Boeing’s five-plus-year span of serious woes with its aircraft. Calhoun has stressed that his departure is “100%” his decision. He intends to vacate his position by the end of 2024.
Stanley A. Deal
Stanley Deal held 134,042 Boeing shares as of March 7, 2025.
Deal was CEO of Boeing Commercial Airlines. He announced his retirement at about the same time Calhoun submitted his resignation in March 2024.
Theodore Colbert III
Theodore Colbert owned 81,540 Boeing shares as of March 7, 2025.
Colbert served as Boeing’s executive vice president, president and CEO of Boeing Defense, Space & Security. He was also a member of the executive council and led the company’s aerospace services development and aviation industry customers globally. He resigned from the company on September 20, 2024.
Colbert first joined Boeing in 2009 and has served in several roles including chief information officer (CIO) and senior vice president of information technology and data analytics. He was senior vice president of Enterprise Architecture at Citigroup before joining Boeing and he worked at Ford Motor Co. in its information technology group before that time.
Top 3 Institutional Shareholders
Institutional investors hold the majority of Boeing’s shares at about 74.56% of total shares outstanding as of July 2025.
Vanguard Group Inc.
Vanguard Group owned 65.66 million shares of Boeing as of March 31, 2025, representing 8.71% of total shares outstanding.
The company is primarily a mutual fund and ETF management company with about $9.3 trillion in global assets under management (AUM) as of 2024. The Vanguard S&P 500 ETF (VOO) is one of the company’s largest exchange-traded funds (ETFs) with about $1.5 trillion in AUM. Boeing makes up 0.30% of VOO’s holdings.
BlackRock Inc.
BlackRock owned 50.17 million shares of Boeing as of March 31, 2025, representing 6.65% of total shares outstanding.
The company is primarily a mutual fund and ETF management company with approximately $10.47 trillion in AUM. The iShares Core S&P 500 ETF (IVV) is among one of BlackRock’s largest ETFs with approximately $636.11 billion in AUM. Boeing makes up 0.32% of IVV’s holdings.
Newport Trust Co.
Newport Trust owned 31.25 million shares of Boeing as of March 31, 2024, representing 5.07% of total shares outstanding.
Newport Trust is a private company owned by Newport Group Inc. It provides trustee and independent fiduciary services to leading U.S. companies and institutions, including 25% of the corporations in the Fortune 500. The value of the company’s portfolio is about $36.79 billion in managed securities. Boeing is among Newport Trust’s top 10 holdings, making up about 16.39% of the portfolio’s total value as of Q1 2024.
Diversity and Inclusiveness of Boeing
As part of our effort to improve the awareness of the importance of diversity in companies, we offer investors a glimpse into the transparency of more than just who the shareholders are at Boeing. We highlight the company’s commitment to diversity, inclusiveness, and social responsibility as a whole.
Find out how Boeing reports the diversity of its management and workforce. The ✔ shows if Boeing discloses its data about the diversity of its board of directors, C-Suite, general management, and employees overall across a variety of markets.
| Boeing Diversity & Inclusiveness Reporting | |||||
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| Race | Gender | Ability | Veteran Status | Sexual Orientation | |
| Board of Directors | |||||
| C-Suite | |||||
| General Management | |||||
| Employees | ✔ | ||||
What Is Boeing’s Share Price?
Boeing was selling at about $229 per share as of July 22, 2025. That’s toward the high end of its 52-week range of $128.93 to $233.61.
Does Boeing Pay Dividends?
Boeing has not paid dividends since 2020. It’s unknown when or whether the company will resume.
What Problems Has Boeing Had With Its Aircraft?
Boeing suffered two fatal plane crashes in 2018 and 2019, both involving its 737 Max aircraft. The events reportedly killed 346 people. The U.S. Federal Aviation Agency initially grounded the 737 Max but it lifted that order in November 2020.
A 737 Max operated by Alaska Airlines then took flight on Jan. 5, 2024 without four bolts that were necessary to keep a door plug in pace. The door plug blew out, resulting in a gaping hole on the side of the plane. The National Transportation Safety Board is investigated the issue.
The Bottom Line
Boeing has experienced its share of issues and problems since 2018 but it still reported a 12-month trailing net revenue of $69 billion and a market cap of about $173 billion in 2025. It remains one of the world’s leading aerospace companies.
The top shareholders of Boeing are David L. Calhoun, Stanley A. Deal, Theodore Colbert III, Vanguard Group Inc., BlackRock Inc., and Capital Research Global Investors.
