# Boeing (BA.US)

Canonical: https://gigainvestors.com/s/BA

Analysis as of: 2026-10-16T07:26:45.573Z. Financial observations: FY1996–FY2026.

Listing currency: USD. Reporting currency: USD.

## Verdict

Not a wonderful business

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $188.73 per share; close as of 2026-10-15.

## Checklist

### understandable: fail

- 3 revenue declines in the last 10 years (informational)

- more than 2 net loss years

- negative average operating margin

- operating margin variation exceeds 0.35

- Financial history: 10 years

- Years with declining revenue: 3

- Years with a net loss: 6

- Operating margin variation: 2.42×

Chart: Operating margin; fiscal year observations.

- FY2017: 0.11×

- FY2018: 0.12×

- FY2019: -0.03×

- FY2020: -0.22×

- FY2021: -0.05×

- FY2022: -0.05×

- FY2023: -0.01×

- FY2024: -0.16×

- FY2025: -0.06×

- LTM to Mar 2026: -0.06×

### moat: fail

- Years with nonpositive invested capital use equity plus debt and leases; positive earnings with no positive capital are shown above 100%.

- ROIC median below threshold

- ROIC worst years below threshold (more than 1 bad year allowed)

- ROIC, median of available years: -14.5%

- ROIC, second-lowest year: -85.0%

- Typical minus recent gross margin: 0.8 pp

- Typical gross margin (annual median): 5.6%

- Recent gross margin (lower of latest and 3-year median): 4.8%

- Years with nonpositive capital: 3

- Capital spending / revenue: 2.1%

- ROIC including acquisitions, ten-year median: -6.1%

Chart: ROIC excluding acquisitions; fiscal year observations.

- FY2016: 52.8%

- FY2017: 67.8%

- FY2018: 76.2%

- FY2019: -184.2%

- FY2020: -85.0%

- FY2021: -11.9%

- FY2022: -17.2%

- FY2023: -5.4%

- FY2024: -53.7%

- FY2025: -34.8%

### economics: fail

- owner earnings cash conversion below threshold

- incremental invested capital return below threshold

- working capital as a share of revenue rose more than 10pp and ends positive

- Cash conversion uses consolidated totals: No

- Owner earnings, five-year total: -$19B

- Net income, five-year total: -$21B

- Return on incremental invested capital: -27.4%

- Working capital / revenue, annual change: 7.9 pp

- Working capital / revenue, change between three-year averages: 57.7 pp

- Working capital / revenue, final three-year average: 108.7%

Chart: Owner earnings · five years; fiscal year observations.

- FY2021: -$3.0B

- FY2022: -$4.2B

- FY2023: -$1.9B

- FY2024: -$12B

- FY2025: $2.2B

### management: fail

- Historical market-dollar context (not the management verdict): 2016 to 2025 (9 years)

- potential debt-funded buybacks (informational)

- buybacks leaned toward cheaper years (informational)

- ROIC first 3 years vs last 3 years: 67.8% vs -34.8%

- Per-share earnings: 7.83 to -3.67 (three-year endpoint medians)

- per-share value declined or ends nonpositive

- acquired goodwill and intangibles (proxy) exceeds half of ten-year net income with low and deteriorating ROIC

- Management verdict uses per-share economic progress: Yes

- Ordinary dilution, 10-year annual growth: 0.9%

- Ordinary dilution, 5-year annual growth: 6.0%

- Market cap gain: $62B

- Cumulative retained earnings: -$23B

- Diluted shares, 10-year annual growth: 0.9%

- Diluted shares, 5-year annual growth: 6.0%

- $1 test, starting fiscal year: FY2016

- $1 test, ending fiscal year: FY2025

- Per-share value change: -$11.50

- Per-share value, starting three-year median: $7.83

- Per-share value, ending three-year median: -$3.67

- Buybacks concentrated in cheaper years (correlation): 0.69

- Average buyback yield: 1.4%

- Buyback history: 8 years

- Debt-funded buybacks: Yes

- Acquisition spending: $12B

- Cumulative net income, 10 years: -$9.6B

- ROIC, first three-year median: 67.8%

- ROIC, last three-year median: -34.8%

Chart: Earnings per share; fiscal year observations.

- FY2016: $7.83

- FY2017: $13.87

- FY2018: $17.87

- FY2019: -$1.12

- FY2020: -$21.00

- FY2021: -$7.15

- FY2022: -$8.30

- FY2023: -$3.67

- FY2024: -$18.27

- FY2025: $2.93

### accounting: pass

- stock compensation exceeds 15% of operating cash flow

- Sloan accruals: 0.7%

- Receivables to sales index (DSRI): 0.80×

- Restructuring years, last five: 0

- Stock compensation / operating cash flow: 40.0%

- Earnings backed by cash: Yes

- Operating cash / earnings: 0.48×

- Accounting red flags: 1

- Goodwill and intangibles / equity: 3.45×

Chart: Sloan accruals; fiscal year observations.

- FY2016: -6.1%

- FY2017: -5.3%

- FY2018: -4.1%

- FY2019: 1.4%

- FY2020: 4.3%

- FY2021: -0.6%

- FY2022: -6.2%

- FY2023: -6.0%

- FY2024: 0.2%

- FY2025: 0.7%

## Holders

- [David Tepper](https://gigainvestors.com/AM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Sarah Ketterer](https://gigainvestors.com/CAU): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Mark Hillman](https://gigainvestors.com/HCM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Andrew Adams](https://gigainvestors.com/MPF): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Harry Burn](https://gigainvestors.com/SSHFX): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Andreas Halvorsen](https://gigainvestors.com/vg): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 28% since Dec 2023 · "Boeing (BA) Faces A Debt Wall As Big Repayments Draw Closer" (finance.yahoo.com, Oct 2026) · sales +3%

Story as of 2026-10-16T09:58:21.785Z; price observation 2026-10-15.

- 2025-05-29: Boeing stock climbs on production ramp-up plans ([finance.yahoo.com](https://finance.yahoo.com/news/boeing-stock-climbs-production-ramp-151725698.html))

- 2025-09-12: Boeing Stock Drops On 777X Delays. Should Investors Worry? ([finance.yahoo.com](https://finance.yahoo.com/m/5ad651cd-0f4e-3aa8-b401-c4e4c38f9b97/boeing-stock-drops-on-777x.html))

- 2025-12-30: Boeing Stock Rises After Sealing $8.6 Billion F-15 Deal With Israel Air Force ([finance.yahoo.com](https://finance.yahoo.com/news/boeing-stock-rises-sealing-8-121954987.html))

- 2026-03-10: Boeing Says Wiring Flaws Will Slow Some 737 MAX Deliveries ([finance.yahoo.com](https://finance.yahoo.com/m/4f5574fe-4807-35fd-ab4f-177ec47e95e3/boeing-says-wiring-flaws-will.html))

- 2026-04-23: Boeing Revenue Jumps on Deliveries as Losses Narrow and Backlog Hits Record ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/boeing-revenue-jumps-deliveries-losses-020810614.html))

- 2026-09-28: Boeing slumps 7% after FAA delays 737 MAX 10 certification ([seekingalpha.com](https://seekingalpha.com/news/4647814-boeing-slumps-7-after-faa-delays-737-max-10-certification?utm_source=feed_news_all&amp;utm_medium=referral&amp;feed_item_type=news))

### Sales · FY2025–2026

sales +3%; source https://www.sec.gov/Archives/edgar/data/12927/000162828026004357/ba-20251231.htm; observed 2026-01-30.

- FY2017: $94B 

- FY2018: $101B 

- FY2019: $77B 

- FY2020: $58B 

- FY2021: $62B 

- FY2022: $67B 

- FY2023: $78B 

- FY2024: $67B 

- FY2025: $89B 

- FY2026: $92B 

### Gross margin · FY2025

gross margin 4.8%; source https://www.sec.gov/Archives/edgar/data/12927/000162828026004357/ba-20251231.htm; observed 2026-01-30.

- FY2016: 15.5% 

- FY2017: 18.5% 

- FY2018: 19.4% 

- FY2019: 5.8% 

- FY2021: 4.9% 

- FY2022: 5.3% 

- FY2023: 9.9% 

- FY2025: 4.8% 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in aerospace & defense; annual sales are USD 89.5 billion.

- Source: https://www.sec.gov/Archives/edgar/data/12927/000162828026004357/ba-20251231.htm (filed 2026-01-30); FY2025: revenue 89463000000; grossProfit 4289000000; margin = grossProfit / revenue.

### Why customers stay

It lost 14.5% on its capital.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-30); FY2023: grossProfit / revenue = 9.9%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-30); FY2024: grossProfit / revenue = -3%.

- Source: https://www.sec.gov/Archives/edgar/data/12927/000162828026004357/ba-20251231.htm (filed 2026-01-30); FY2025: grossProfit / revenue = 4.8%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-30); 10-year return on capital observations [[2016,0.5275920644187712],[2017,0.6777055071526958],[2018,0.7616834411465383],[2019,-1.8420897284533648],[2020,-0.8501289615643965],[2021,-0.11896217010336324],[2022,-0.17199913135198858],[2023,-0.05398426449787836],[2024,-0.5373231117255247],[2025,-0.3481685616146784]]; median -0.1454806507276759. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Where the cash goes

Spends 44.3% of cash earnings on expansion; paid dividends in 8 of 10 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-30); FY2016: growth capex 0; upkeep 2613000000; owner earnings 4310000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-30); FY2017: growth capex 0; upkeep 1870000000; owner earnings 8635000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-30); FY2018: growth capex 0; upkeep 1791000000; owner earnings 10783000000. Growth capex / owner earnings = 0.

- Source: https://www.sec.gov/Archives/edgar/data/12927/000162828026004357/ba-20251231.htm (filed 2026-01-30); FY2025: growth capex 989000000; upkeep 1953000000; owner earnings 2235000000. Growth capex / owner earnings = 0.4425055928411633.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-30); Dividend observations: [[2016,2756000000],[2017,3417000000],[2018,3946000000],[2019,4630000000],[2020,1158000000],[2021,24000000],[2022,10000000],[2023,0],[2024,0],[2025,331000000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/12927/000162828026004357/ba-20251231.htm (filed 2026-01-30); FY2025: cash repurchases 34000000 USD.

### Are managers owners

Insiders own 0.1% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); BA.US SharesStats.PercentInsiders = 0.056999999999999995 percentage points; cache date 2026-10-16.

### What could break it

"We may be unable to effectively manage our liquidity" (SEC filing, Jan 2026)

- Source: https://www.sec.gov/Archives/edgar/data/12927/000162828026004357/ba-20251231.htm (filed 2026-01-30); We may be unable to effectively manage our liquidity

### What the price says

The price is 1.6 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-01-30); Closing price 188.73 USD; reporting-to-trading FX 1; FY2025 annual sales per share 117.35930735930737; price multiple 1.6081383253412023. FY2025 cash earnings/share 2.931916568280205. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2016-10: $142.43 per share

- 2016-11: $150.56 per share

- 2016-12: $155.68 per share

- 2017-01: $163.42 per share

- 2017-02: $180.23 per share

- 2017-03: $176.86 per share

- 2017-04: $184.83 per share

- 2017-05: $187.63 per share

- 2017-06: $197.75 per share

- 2017-07: $242.46 per share

- 2017-08: $239.66 per share

- 2017-09: $254.21 per share

- 2017-10: $257.98 per share

- 2017-11: $276.80 per share

- 2017-12: $294.91 per share

- 2018-01: $354.37 per share

- 2018-02: $362.21 per share

- 2018-03: $327.88 per share

- 2018-04: $333.56 per share

- 2018-05: $352.16 per share

- 2018-06: $335.51 per share

- 2018-07: $356.30 per share

- 2018-08: $342.79 per share

- 2018-09: $371.90 per share

- 2018-10: $354.86 per share

- 2018-11: $346.76 per share

- 2018-12: $322.50 per share

- 2019-01: $385.62 per share

- 2019-02: $439.96 per share

- 2019-03: $381.42 per share

- 2019-04: $377.69 per share

- 2019-05: $341.61 per share

- 2019-06: $364.01 per share

- 2019-07: $341.18 per share

- 2019-08: $364.09 per share

- 2019-09: $380.47 per share

- 2019-10: $339.91 per share

- 2019-11: $366.18 per share

- 2019-12: $325.76 per share

- 2020-01: $318.27 per share

- 2020-02: $275.11 per share

- 2020-03: $149.14 per share

- 2020-04: $141.02 per share

- 2020-05: $145.85 per share

- 2020-06: $183.30 per share

- 2020-07: $158.00 per share

- 2020-08: $171.82 per share

- 2020-09: $165.26 per share

- 2020-10: $144.39 per share

- 2020-11: $210.71 per share

- 2020-12: $214.06 per share

- 2021-01: $194.19 per share

- 2021-02: $212.01 per share

- 2021-03: $254.72 per share

- 2021-04: $234.31 per share

- 2021-05: $247.02 per share

- 2021-06: $239.56 per share

- 2021-07: $226.48 per share

- 2021-08: $219.50 per share

- 2021-09: $219.94 per share

- 2021-10: $207.03 per share

- 2021-11: $197.85 per share

- 2021-12: $201.32 per share

- 2022-01: $200.24 per share

- 2022-02: $205.34 per share

- 2022-03: $191.50 per share

- 2022-04: $148.84 per share

- 2022-05: $131.40 per share

- 2022-06: $136.72 per share

- 2022-07: $159.31 per share

- 2022-08: $160.25 per share

- 2022-09: $121.08 per share

- 2022-10: $142.51 per share

- 2022-11: $178.88 per share

- 2022-12: $190.49 per share

- 2023-01: $213.00 per share

- 2023-02: $201.55 per share

- 2023-03: $212.43 per share

- 2023-04: $206.78 per share

- 2023-05: $205.70 per share

- 2023-06: $211.16 per share

- 2023-07: $238.85 per share

- 2023-08: $224.03 per share

- 2023-09: $191.68 per share

- 2023-10: $186.82 per share

- 2023-11: $231.63 per share

- 2023-12: $260.66 per share

- 2024-01: $211.04 per share

- 2024-02: $203.72 per share

- 2024-03: $192.99 per share

- 2024-04: $167.84 per share

- 2024-05: $177.61 per share

- 2024-06: $182.01 per share

- 2024-07: $190.60 per share

- 2024-08: $173.74 per share

- 2024-09: $152.04 per share

- 2024-10: $149.31 per share

- 2024-11: $155.44 per share

- 2024-12: $177.00 per share

- 2025-01: $176.52 per share

- 2025-02: $174.63 per share

- 2025-03: $170.55 per share

- 2025-04: $183.24 per share

- 2025-05: $207.32 per share

- 2025-06: $209.53 per share

- 2025-07: $221.84 per share

- 2025-08: $234.68 per share

- 2025-09: $215.83 per share

- 2025-10: $201.02 per share

- 2025-11: $189.00 per share

- 2025-12: $217.12 per share

- 2026-01: $233.72 per share

- 2026-02: $227.53 per share

- 2026-03: $199.03 per share

- 2026-04: $229.03 per share

- 2026-05: $231.15 per share

- 2026-06: $216.47 per share

- 2026-07: $216.14 per share

- 2026-08: $207.78 per share

- 2026-09: $186.05 per share

- 2026-10: $186.49 per share

## Annual estimated value (USD per share)

- FY2016: low $111.61 per share, central $146.00 per share, high $168.86 per share

- FY2017: low $118.57 per share, central $153.29 per share, high $177.19 per share

- FY2018: low $148.23 per share, central $201.46 per share, high $234.41 per share

- FY2019: low $94.74 per share, central $105.72 per share, high $120.35 per share

- FY2020: low $94.50 per share, central $101.60 per share, high $111.06 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

Prior published observations retained from 2026-10-15T06:32:23.366Z where newer inputs omit a numeric field or fiscal period.

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/12927/000162828026004357/ba-20251231.htm); period 2025-12-31, filed 2026-01-30.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [David Tepper](https://gigainvestors.com/AM): 800,000 BA shares; USD 173,176,000 reported position value; 2.32% of portfolio; new; quarter 2026 Q2.
- [Sarah Ketterer](https://gigainvestors.com/CAU): 313,048 BA shares; USD 67,765,000 reported position value; 0.74% of portfolio; reduce; quarter 2026 Q2.
- [Mark Hillman](https://gigainvestors.com/HCM): 21,574 BA shares; USD 4,670,000 reported position value; 3.38% of portfolio; reduce; quarter 2026 Q2.
- [Andrew Adams](https://gigainvestors.com/MPF): 2,650 BA shares; USD 574,000 reported position value; 0.01% of portfolio; add; quarter 2026 Q2.
- [Harry Burn](https://gigainvestors.com/SSHFX): 407,058 BA shares; USD 88,116,000 reported position value; 2.71% of portfolio; add; quarter 2026 Q2.
- [Andreas Halvorsen](https://gigainvestors.com/vg): 3,274,825 BA shares; USD 708,901,000 reported position value; 2.02% of portfolio; add; quarter 2026 Q2.

# BA — Boeing Co.

Held by 6 investors · USD 1,043,202,000 total · 2026 Q2 · reported price USD 216.47 (split-adjusted).
Page: https://gigainvestors.com/s/BA

## Holders (2026 Q2)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Andreas Halvorsen (https://gigainvestors.com/vg) | USD 708,901,000 | 2.0% | add +2.47% |
| David Tepper (https://gigainvestors.com/AM) | USD 173,176,000 | 2.3% | new |
| Harry Burn (https://gigainvestors.com/SSHFX) | USD 88,116,000 | 2.7% | add +14.66% |
| Sarah Ketterer (https://gigainvestors.com/CAU) | USD 67,765,000 | 0.7% | reduce -0.28% |
| Mark Hillman (https://gigainvestors.com/HCM) | USD 4,670,000 | 3.4% | reduce -3.37% |
| Andrew Adams (https://gigainvestors.com/MPF) | USD 574,000 | <0.1% | add +2.04% |
| Steven Check (https://gigainvestors.com/CHE) | USD 288,003 | 0.0% | sold |

## Total held by quarter

- 2008 Q4: USD 310,576,602 · 1 holder · USD 42.63
- 2009 Q1: USD 264,617,904 · 1 holder · USD 31.44
- 2009 Q2: USD 238,951,830 · 1 holder · USD 44.85
- 2009 Q3: USD 178,089,103 · 1 holder · USD 49.67
- 2009 Q4: USD 0 · 0 holders
- 2010 Q1: USD 0 · 0 holders
- 2010 Q2: USD 0 · 0 holders
- 2010 Q3: USD 0 · 0 holders
- 2010 Q4: USD 0 · 0 holders
- 2011 Q1: USD 0 · 0 holders
- 2011 Q2: USD 0 · 0 holders
- 2011 Q3: USD 0 · 0 holders
- 2011 Q4: USD 0 · 0 holders
- 2012 Q1: USD 0 · 0 holders
- 2012 Q2: USD 0 · 0 holders
- 2012 Q3: USD 0 · 0 holders
- 2012 Q4: USD 0 · 0 holders
- 2013 Q1: USD 0 · 0 holders
- 2013 Q2: USD 0 · 0 holders
- 2013 Q3: USD 0 · 0 holders
- 2013 Q4: USD 0 · 0 holders
- 2014 Q1: USD 0 · 0 holders
- 2014 Q2: USD 0 · 0 holders
- 2014 Q3: USD 0 · 0 holders
- 2014 Q4: USD 0 · 0 holders
- 2015 Q1: USD 0 · 0 holders
- 2015 Q2: USD 0 · 0 holders
- 2015 Q3: USD 0 · 0 holders
- 2015 Q4: USD 0 · 0 holders
- 2016 Q1: USD 0 · 0 holders
- 2016 Q2: USD 0 · 0 holders
- 2016 Q3: USD 0 · 0 holders
- 2016 Q4: USD 0 · 0 holders
- 2017 Q1: USD 221,000 · 1 holder · USD 176.80
- 2017 Q2: USD 247,000 · 1 holder · USD 197.60
- 2017 Q3: USD 317,000 · 1 holder · USD 253.60
- 2017 Q4: USD 368,000 · 1 holder · USD 294.40
- 2018 Q1: USD 409,000 · 1 holder · USD 327.20
- 2018 Q2: USD 419,000 · 1 holder · USD 335.20
- 2018 Q3: USD 464,000 · 1 holder · USD 371.20
- 2018 Q4: USD 403,000 · 1 holder · USD 322.40
- 2019 Q1: USD 348,100,662 · 2 holders · USD 381.42
- 2019 Q2: USD 1,011,354,451 · 2 holders · USD 364.01
- 2019 Q3: USD 866,716,160 · 3 holders · USD 380.47
- 2019 Q4: USD 407,000 · 1 holder · USD 325.60
- 2020 Q1: USD 8,947,800 · 1 holder · USD 149.13
- 2020 Q2: USD 375,007 · 1 holder · USD 182.93
- 2020 Q3: USD 338,004 · 1 holder · USD 164.88
- 2020 Q4: USD 641,999 · 2 holders · USD 214.34
- 2021 Q1: USD 669,000 · 2 holders · USD 255.09
- 2021 Q2: USD 628,005 · 2 holders · USD 239.25
- 2021 Q3: USD 641,995 · 2 holders · USD 219.69
- 2021 Q4: USD 585,996 · 2 holders · USD 201.61
- 2022 Q1: USD 59,188,958 · 3 holders · USD 191.50
- 2022 Q2: USD 190,799,074 · 3 holders · USD 136.67
- 2022 Q3: USD 450,986 · 1 holder · USD 121.07
- 2022 Q4: USD 19,080,412 · 3 holders · USD 190.49
- 2023 Q1: USD 71,388,713 · 3 holders · USD 212.29
- 2023 Q2: USD 72,614,292 · 3 holders · USD 210.94
- 2023 Q3: USD 71,730,739 · 2 holders · USD 191.90
- 2023 Q4: USD 97,130,665 · 2 holders · USD 260.66
- 2024 Q1: USD 52,459,698 · 4 holders · USD 192.98
- 2024 Q2: USD 46,847,046 · 4 holders · USD 182.10
- 2024 Q3: USD 13,262,748 · 3 holders · USD 152.03
- 2024 Q4: USD 590,904,101 · 5 holders · USD 177.00
- 2025 Q1: USD 558,118,714 · 4 holders · USD 170.55
- 2025 Q2: USD 601,409,182 · 4 holders · USD 209.53
- 2025 Q3: USD 656,693,069 · 4 holders · USD 215.83
- 2025 Q4: USD 897,564,823 · 5 holders · USD 217.12
- 2026 Q1: USD 774,495,177 · 6 holders · USD 199.05
- 2026 Q2: USD 1,043,202,000 · 6 holders · USD 216.47