Is JetBlue The Best Airline Stock?
Following a general trend of improvement among airline stocks, shares…
| Period Ending | 2021-02-28 | 2022-02-28 | 2023-02-28 | 2024-02-28 | 2025-02-28 | |
|---|---|---|---|---|---|---|
| Revenue | $4.5B | $4.1B | $3.2B | -- | $3.4B | |
| Revenue Growth (YoY) | 0.66% | -8.69% | -21.16% | -- | 2.61% | |
| Cost of Revenues | $445.5M | $437.1M | $358.1M | -- | $348.6M | |
| Gross Profit | $4.1B | $3.7B | $2.9B | -- | $3B | |
| Gross Profit Margin | 90.12% | 89.39% | 88.97% | -- | 89.64% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | $3.4M | -$67.4K | -- | $256K | |
| Operating Expenses | $3.5B | $3B | $2.3B | -- | $2.4B | |
| Operating Income | $551.3M | $680M | $579.9M | -- | $589M | |
| Net Interest Expenses | $174M | $148.9M | $141.3M | -- | $185.6M | |
| EBT. Incl. Unusual Items | $370.9M | $535.8M | $445.7M | -- | $297.6M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $124.5M | $167.7M | $120.6M | -- | $110.3M | |
| Net Income to Company | $370.9M | $535.8M | $445.7M | -- | $297.6M | |
| Minority Interest in Earnings | $79.4M | $97.2M | $96.5M | -- | $84.8M | |
| Net Income to Common Excl Extra Items | $246.4M | $368.1M | $325.1M | -- | $187.3M | |
| Basic EPS (Cont. Ops) | $0.77 | $1.26 | $1.06 | -- | $0.48 | |
| Diluted EPS (Cont. Ops) | $0.77 | $1.26 | $1.06 | -- | $0.48 | |
| Weighted Average Basic Share | $215.8M | $215.8M | $215.8M | -- | $215.9M | |
| Weighted Average Diluted Share | $215.9M | $215.9M | $215.9M | -- | $215.9M | |
| EBITDA | $1.5B | $1.4B | $1.2B | -- | $1.2B | |
| EBIT | $1.2B | $1.1B | $924.8M | -- | $1B | |
| Revenue (Reported) | $4.5B | $4.1B | $3.2B | -- | $3.4B | |
| Operating Income (Reported) | $551.3M | $680M | $579.9M | -- | $589M | |
| Operating Income (Adjusted) | $1.2B | $1.1B | $924.8M | -- | $1B | |
| Period Ending | 2021-08-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 | 2025-08-31 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | $818.4M | $818.6M | $798.3M | $930.2M | |
| Revenue Growth (YoY) | -8.16% | -19.81% | 0.02% | -2.48% | 16.53% | |
| Cost of Revenues | $148.7M | $125.1M | $126.7M | $126.2M | $169.5M | |
| Gross Profit | $871.9M | $693.4M | $691.9M | $672.1M | $760.8M | |
| Gross Profit Margin | 85.43% | 84.72% | 84.52% | 84.2% | 81.78% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $758.2M | $570.9M | $614.1M | $594.8M | $656.1M | |
| Operating Income | $113.7M | $122.5M | $77.8M | $77.3M | $104.6M | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | $111.9M | $132M | $78.8M | $72.1M | $39M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $33.5M | $34.8M | $29.5M | $25.4M | -$16.9M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | $19.5M | $21.1M | $23.7M | $19.8M | $26M | |
| Net Income to Common Excl Extra Items | $78.5M | $97.2M | $49.3M | $46.6M | $56M | |
| Basic EPS (Cont. Ops) | $0.27 | $0.35 | $0.12 | $0.12 | $0.14 | |
| Diluted EPS (Cont. Ops) | $0.27 | $0.35 | $0.12 | $0.12 | $0.14 | |
| Weighted Average Basic Share | $215.8M | $215.8M | $215.9M | $215.9M | $215.9M | |
| Weighted Average Diluted Share | $215.9M | $215.9M | $215.9M | $215.9M | $215.9M | |
| EBITDA | $155.2M | $152M | $103.6M | $95.9M | $124.3M | |
| EBIT | $82.7M | $93.6M | $47.5M | $44.5M | $67.7M | |
| Revenue (Reported) | $1B | $818.4M | $818.6M | $798.3M | $930.2M | |
| Operating Income (Reported) | $113.7M | $122.5M | $77.8M | $77.3M | $104.6M | |
| Operating Income (Adjusted) | $82.7M | $93.6M | $47.5M | $44.5M | $67.7M | |
| Period Ending | 2021-08-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 | 2025-08-31 | |
|---|---|---|---|---|---|---|
| Revenue | $4.5B | $3.6B | $3.3B | $3.2B | $3.6B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $613.9M | $546.3M | $506.5M | $493.2M | $624.8M | |
| Gross Profit | $3.9B | $3.1B | $2.8B | $2.7B | $3B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $4M | -$471.1K | -- | $1.2M | -- | |
| Operating Expenses | $3.3B | $2.6B | $2.4B | $2.4B | $2.6B | |
| Operating Income | $615.5M | $470.1M | $343.5M | $381.1M | $426.3M | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | $620.3M | $486.4M | $334.4M | $352.6M | $259.1M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $184.7M | $147.4M | $103.2M | $108.5M | $66.3M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | $114.7M | $93.5M | $87.4M | $84.5M | $96.9M | |
| Net Income to Common Excl Extra Items | $435.6M | $339M | $231.1M | $244M | $192.8M | |
| Basic EPS (Cont. Ops) | $1.49 | $1.14 | $0.67 | $0.74 | $0.44 | |
| Diluted EPS (Cont. Ops) | $1.49 | $1.14 | $0.67 | $0.74 | $0.44 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $807.6M | $627.2M | $457.6M | $480.1M | $508.8M | |
| EBIT | $505.6M | $360.3M | $225.1M | $263.1M | $290.4M | |
| Revenue (Reported) | $4.5B | $3.6B | $3.3B | $3.2B | $3.6B | |
| Operating Income (Reported) | $615.5M | $470.1M | $343.5M | $381.1M | $426.3M | |
| Operating Income (Adjusted) | $505.6M | $360.3M | $225.1M | $263.1M | $290.4M | |
| Period Ending | 2021-08-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 | 2025-08-31 | |
|---|---|---|---|---|---|---|
| Revenue | $2.1B | $1.6B | $1.7B | $2.5B | $1.8B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $297.7M | $257.9M | $263.7M | $373.1M | $341.1M | |
| Gross Profit | $1.8B | $1.4B | $1.4B | $2.1B | $1.5B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $4M | -- | -- | $1.2M | $6.9M | |
| Operating Expenses | $1.5B | $1.1B | $1.2B | $1.7B | $1.3B | |
| Operating Income | $307.9M | $245.2M | $145.9M | $341.4M | $200.6M | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | $313.9M | $262.8M | $146.8M | $314.6M | $121M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $91.2M | $70.5M | $51.8M | $99.2M | $10.8M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | $56.6M | $52.5M | $42.8M | $66.7M | $50.4M | |
| Net Income to Common Excl Extra Items | $222.7M | $192.2M | $95M | $215.3M | $110.2M | |
| Basic EPS (Cont. Ops) | $0.77 | $0.65 | $0.24 | $0.69 | $0.28 | |
| Diluted EPS (Cont. Ops) | $0.77 | $0.65 | $0.24 | $0.69 | $0.28 | |
| Weighted Average Basic Share | $431.7M | $431.7M | $431.7M | $647.6M | $431.8M | |
| Weighted Average Diluted Share | $431.7M | $431.7M | $431.7M | $647.6M | $431.8M | |
| EBITDA | $401M | $311.4M | $206.4M | $408.5M | $248.4M | |
| EBIT | $252.4M | $186.9M | $89.3M | $248.6M | $133M | |
| Revenue (Reported) | $2.1B | $1.6B | $1.7B | $2.5B | $1.8B | |
| Operating Income (Reported) | $307.9M | $245.2M | $145.9M | $341.4M | $200.6M | |
| Operating Income (Adjusted) | $252.4M | $186.9M | $89.3M | $248.6M | $133M | |
| Period Ending | 2021-02-28 | 2022-02-28 | 2023-02-28 | 2024-02-28 | 2025-02-28 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $13.6B | $12.8B | $10.9B | -- | $11.8B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $54.5B | $51.9B | $46.5B | -- | $49.3B | |
| Property Plant And Equipment | $367.5M | $298M | $234.4M | -- | $229M | |
| Long-Term Investments | $181.8M | $153.6M | $131.8M | -- | $99M | |
| Goodwill | $157.4M | $129.1M | $96.7M | -- | $281.2M | |
| Other Intangibles | $984.8M | $969.7M | $864.3M | -- | $982M | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $57.5B | $54.5B | $48.9B | -- | $51.5B | |
| Accounts Payable | $2.5B | $1.9B | $1.9B | -- | $2.1B | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $8.2B | $7.6B | $6.9B | -- | $7.2B | |
| Long-Term Debt | $8.2B | $7.4B | $37.4B | -- | $39.9B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $53B | $50.1B | $44.9B | -- | $47.6B | |
| Common Stock | $428.9M | $396.8M | $335.5M | -- | $303.2M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $3.8B | $3.7B | $3.2B | -- | $3.1B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $686.7M | $736.3M | $780.5M | -- | $827M | |
| Total Equity | $4.5B | $4.4B | $4B | -- | $3.9B | |
| Total Liabilities and Equity | $57.5B | $54.5B | $48.9B | -- | $51.5B | |
| Cash and Short Terms | $13.6B | $12.8B | $10.9B | -- | $11.8B | |
| Total Debt | $47.5B | $8.8B | $39B | -- | $42.1B | |
| Period Ending | 2021-08-31 | 2022-08-31 | 2023-08-31 | 2024-08-31 | 2025-08-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $13.2B | $10.6B | $9.9B | $10.1B | $13.1B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $53.6B | $45.1B | $45.2B | $48.1B | $53.6B | |
| Property Plant And Equipment | $334.8M | $244.9M | $219.9M | $216M | $260.2M | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | $144.2M | $101.3M | $84.6M | $74.5M | -- | |
| Other Intangibles | $952.6M | $852.5M | $870.4M | $934.7M | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $56.4B | $47.4B | $47.5B | $50.2B | $56B | |
| Accounts Payable | $2.1B | $1.9B | $2B | $2.7B | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $7.9B | $7.2B | $6.9B | $6.6B | $8.5B | |
| Long-Term Debt | $42.9B | $35.7B | $36.1B | $39.1B | $43.1B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $51.8B | $43.5B | $43.6B | $46.2B | $52B | |
| Common Stock | $416M | $329.7M | $313.9M | $313.8M | $311.2M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $702.9M | $741.3M | $798.6M | $811.7M | $880.6M | |
| Total Equity | $4.5B | $3.9B | $3.9B | $4B | $4B | |
| Total Liabilities and Equity | $56.4B | $47.4B | $47.5B | $50.2B | $56B | |
| Cash and Short Terms | $13.2B | $10.6B | $9.9B | $10.1B | $13.1B | |
| Total Debt | $47B | $37.1B | $37.3B | $41.1B | $45.2B | |
| Period Ending | 2021-02-28 | 2022-02-28 | 2023-02-28 | 2024-02-28 | 2025-02-28 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $370.9M | $535.8M | $445.7M | -- | $297.6M | |
| Depreciation & Amoritzation | $296.8M | $290.9M | $239.2M | -- | $208M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | $208.9M | -$275.4M | -$1.2B | -- | -$1.3B | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $654.5M | -$348.7M | -$762.3M | -- | $285.7M | |
| Capital Expenditures | $338.8M | $260.6M | $252.4M | -- | $259.6M | |
| Cash Acquisitions | -- | -- | -- | -- | $150.7M | |
| Cash From Investing | -$2.7B | -$763.2M | -$420.7M | -- | -$3.5B | |
| Dividends Paid (Ex Special Dividend) | $101.8M | $81.3M | $82M | -- | $75M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -$264.4K | -$9K | $12.2M | -- | -$13.8M | |
| Cash From Financing | $1.9B | $1.5B | $2B | -- | $4.3B | |
| Beginning Cash (CF) | $7.1B | $7B | $6.8B | -- | $6B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$92.9M | $435.1M | $895.2M | -- | $1B | |
| Ending Cash (CF) | $7B | $7.5B | $7.7B | -- | $7B | |
| Levered Free Cash Flow | $315.7M | -$609.3M | -$1B | -- | $26.2M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -- | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -- | -- | -- | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | $18.2K | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | -- | -- | -- | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | -- | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -- | -- | -- | |
| Period Ending | 2008-11-30 | 2009-11-30 | 2010-11-30 | 2011-11-30 | 2012-11-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | $74.5M | $235.9M | $219.6M | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -$164.7M | -$605.4M | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$224.3M | $585.1M | $825M | $469.7M | -- | |
| Capital Expenditures | $14.5M | $60.4M | $109.6M | $164.8M | $15.6M | |
| Cash Acquisitions | -- | -$155.2K | -- | $144.8K | -- | |
| Cash From Investing | $33.1M | -$210.4M | -$134.6M | -$122.4M | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -$69.5M | $71M | $78.4M | -$8M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | $1.3B | $1.9B | -- | |
| Long-Term Debt Repaid | -- | -- | -$1.3B | -$2.1B | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -$9.1M | -$5.2M | -- | |
| Cash From Financing | $307.9M | -$378.6M | -$553.1M | -$321.9M | -- | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $13.6M | $84.6M | $134.2M | $9.1M | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -$238.8M | $524.7M | $715.4M | $304.9M | -- | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -- | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -- | -- | -- | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | $18.2K | $17.3K | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | -- | -- | -- | |
| Beginning Cash (CF) | $13.7B | $11B | $11.8B | $13.4B | $10.8B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | -- | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -- | -- | -- | |
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