Is JetBlue The Best Airline Stock?
Following a general trend of improvement among airline stocks, shares…
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | $3.2B | $3.4B | $3.6B | $6.1B | $6.8B | |
| Revenue Growth (YoY) | -4.96% | 5.02% | 7.63% | 70.05% | 10.84% | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $70.8M | $89.9M | $85.4M | $5.4M | -$7.6M | |
| Operating Expenses | $987.2M | -$978.7M | -$1B | -$2.7B | -$3B | |
| Operating Income | -$987.2M | $978.7M | $1B | $2.7B | $3B | |
| Net Interest Expenses | $142.5M | $126.5M | $216.5M | $610.8M | $741M | |
| EBT. Incl. Unusual Items | -$1.1B | $718.6M | $886M | $2.6B | $2.9B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -$216.6M | -$18.9M | $120.9M | $363.3M | $379.7M | |
| Net Income to Company | -$1.1B | $744.2M | $928M | $2.6B | $2.9B | |
| Minority Interest in Earnings | $31.9M | -$2.4M | -$2.1M | -$3.2M | -$3.2M | |
| Net Income to Common Excl Extra Items | -$897.2M | $685.5M | $735.7M | $2.2B | $2.5B | |
| Basic EPS (Cont. Ops) | -$0.34 | $0.25 | $0.27 | $0.82 | $1.00 | |
| Diluted EPS (Cont. Ops) | -$0.34 | $0.25 | $0.27 | $0.82 | $1.00 | |
| Weighted Average Basic Share | $2.7B | $2.7B | $2.7B | $2.6B | $2.5B | |
| Weighted Average Diluted Share | $2.7B | $2.7B | $2.7B | $2.6B | $2.5B | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | -$787.7M | $1.1B | $1.3B | $3.4B | $4.2B | |
| Revenue (Reported) | $3.2B | $3.4B | $3.6B | $6.1B | $6.8B | |
| Operating Income (Reported) | -$987.2M | $978.7M | $1B | $2.7B | $3B | |
| Operating Income (Adjusted) | -$787.7M | $1.1B | $1.3B | $3.4B | $4.2B | |
| Period Ending | 2004-12-31 | 2005-12-31 | 2006-12-31 | 2007-12-31 | 2008-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | -- | -- | -- | |
| Operating Income | -- | -- | -- | -- | -- | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -- | -- | -- | -- | -- | |
| Earnings of Discontinued Ops. | -- | -- | $219.3K | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $492.2M | $406.8M | $706.9M | $3.6M | -$171.4M | |
| Basic EPS (Cont. Ops) | $112.30 | $110.74 | $160.30 | -$20.22 | -$61.33 | |
| Diluted EPS (Cont. Ops) | $112.30 | $110.74 | $160.30 | -$20.22 | -$61.33 | |
| Weighted Average Basic Share | $3.4M | $3.5M | $3.5M | $3.5M | $3.5M | |
| Weighted Average Diluted Share | $3.4M | $3.5M | $3.5M | $3.5M | $3.5M | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | -- | -- | -- | -- | -$171.4M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Adjusted) | -- | -- | -- | -- | -$171.4M | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Revenue | $3.3B | $3.4B | $4.7B | $6.7B | $6.6B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $123.6M | $57.5M | $44.1M | -$1.1M | -$31.5M | |
| Operating Expenses | -$405.1M | -$1B | -$1.5B | -$3B | -$2.7B | |
| Operating Income | $405.1M | $1B | $1.5B | $3B | $2.7B | |
| Net Interest Expenses | $133.5M | $129.3M | $410.6M | $732M | $684.9M | |
| EBT. Incl. Unusual Items | $305.7M | $956M | $1.4B | $2.9B | $2.7B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $42.9M | $27.2M | $199.4M | $419.5M | $334.8M | |
| Net Income to Company | $324.5M | $958.6M | $1.4B | $2.9B | $2.7B | |
| Minority Interest in Earnings | $10.6M | -$2.3M | -$3.2M | -$3.2M | -$2.2M | |
| Net Income to Common Excl Extra Items | $227.5M | $878.4M | $1.1B | $2.4B | $2.3B | |
| Basic EPS (Cont. Ops) | $0.08 | $0.33 | $0.43 | $0.94 | $0.97 | |
| Diluted EPS (Cont. Ops) | $0.08 | $0.33 | $0.43 | $0.94 | $0.97 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $607.5M | $1.3B | $1.9B | $4.1B | $4B | |
| Revenue (Reported) | $3.3B | $3.4B | $4.7B | $6.7B | $6.6B | |
| Operating Income (Reported) | $405.1M | $1B | $1.5B | $3B | $2.7B | |
| Operating Income (Adjusted) | $607.5M | $1.3B | $1.9B | $4.1B | $4B | |
| Period Ending | 2021-12-11 | 2022-12-11 | 2023-12-11 | 2024-12-11 | ||
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | -- | -- | -- | |
| Operating Income | -- | -- | -- | -- | -- | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -- | -- | -- | -- | -- | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | -- | -- | -- | |
| Basic EPS (Cont. Ops) | -- | -- | -- | -- | -- | |
| Diluted EPS (Cont. Ops) | -- | -- | -- | -- | -- | |
| Weighted Average Basic Share | -- | -- | -- | -- | -- | |
| Weighted Average Diluted Share | -- | -- | -- | -- | -- | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | -- | -- | -- | -- | -- | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Adjusted) | -- | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $31.4B | $48.7B | $40.8B | $42.1B | $38.8B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | $417M | $480.1M | $453.6M | $596.9M | $543.2M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $32B | $50.2B | $42.1B | $43.5B | $40.1B | |
| Property Plant And Equipment | $887.1M | $717.6M | $572M | $616.4M | $534.3M | |
| Long-Term Investments | $2B | $583.4M | $2.2B | $2.5B | $2.1B | |
| Goodwill | $86.1M | $135.9M | $128.7M | $141.5M | $133.2M | |
| Other Intangibles | $1.1B | $991.8M | $879.4M | $881M | $838.7M | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $135.1B | $145.4B | $138.5B | $150.6B | $146.3B | |
| Accounts Payable | $112.6M | $361.6M | $444M | $492.7M | $452.5M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $86.8B | $102.2B | $107.8B | $110.6B | $101.8B | |
| Long-Term Debt | $15B | $20.8B | $9.4B | $11.9B | $11B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $120B | $131.2B | $126.6B | $135.2B | $131.6B | |
| Common Stock | $2.1B | $1.9B | $1.8B | $1.8B | $1.5B | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $15.1B | $14.3B | $11.9B | $15.4B | $14.7B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $1.2M | -$1.1M | -$3.2M | -$6.6M | -$9.3M | |
| Total Equity | $15.1B | $14.3B | $11.9B | $15.4B | $14.7B | |
| Total Liabilities and Equity | $135.1B | $145.4B | $138.5B | $150.6B | $146.3B | |
| Cash and Short Terms | $32B | $48.9B | $41.3B | $42.4B | $39.2B | |
| Total Debt | $15.6B | $21.8B | $11B | $12.8B | $12.4B | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $47B | $47.2B | $39.7B | $38.8B | $44B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | $297.5M | $438.7M | $495.6M | $587.4M | $626.2M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $48.6B | $54.4B | $47.6B | $45.8B | $52.1B | |
| Property Plant And Equipment | $765.2M | $567.2M | $554.2M | $564.9M | $579.3M | |
| Long-Term Investments | $21B | $19.6B | $21B | $22.3B | $27.8B | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $146.2B | $138.9B | $142.7B | $146.8B | $169.2B | |
| Accounts Payable | $40.5M | $120.1M | $110.8M | -- | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $46.4M | $132.7M | $121.7M | $2.1M | $9.4M | |
| Long-Term Debt | -- | -- | -- | -- | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $130.2B | $125.4B | $128.8B | $131.5B | $152.4B | |
| Common Stock | $2B | $1.7B | $1.8B | $1.6B | $1.6B | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -$2.1M | -$5.4M | -$8.6M | -$11.7M | |
| Total Equity | $16B | $13.5B | $13.9B | $15.3B | $16.8B | |
| Total Liabilities and Equity | $146.2B | $138.9B | $142.7B | $146.8B | $169.2B | |
| Cash and Short Terms | $47B | $47.2B | $39.7B | $38.8B | $44B | |
| Total Debt | -- | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$1.1B | $744.2M | $928M | $2.6B | $2.9B | |
| Depreciation & Amoritzation | $42.2M | $48.5M | $310M | $317.8M | $319.1M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $1.4B | $969.2M | $1.6B | $2.9B | $3B | |
| Capital Expenditures | $293M | $277.8M | $216.5M | $259.5M | $278M | |
| Cash Acquisitions | -- | $70.9M | -- | $6.5M | -- | |
| Cash From Investing | -$1.3B | -$270.7M | -$7.3B | -$7.8B | -$5.7B | |
| Dividends Paid (Ex Special Dividend) | -- | -- | $128.2M | $179.5M | $752.9M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | $887.4M | $3.4B | $2.6B | $1.7B | |
| Long-Term Debt Repaid | -$1.4B | -- | -$890.1M | -$413.6M | -$2.4B | |
| Repurchase of Common Stock | $1.4B | -- | $95.6M | $232.4M | $1.6B | |
| Other Financing Activities | $1.8B | -$76.9M | -$68.5M | -$70.4M | $42.2M | |
| Cash From Financing | $15.8B | $18.9B | $1.6B | $4.5B | $1.7B | |
| Beginning Cash (CF) | $14.8B | $31.4B | $45.9B | $42.6B | $42.3B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $15.5B | $20.1B | -$4.5B | -$297.3M | -$772.3M | |
| Ending Cash (CF) | $30.3B | $51.5B | $41.5B | $42.3B | $41.5B | |
| Levered Free Cash Flow | $1.1B | $691.5M | $1.4B | $2.6B | $2.7B | |
| Period Ending | 2004-06-30 | 2005-06-30 | 2006-06-30 | 2007-06-30 | 2008-06-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $737.6M | $830.5M | $1.4B | $1.4B | -- | |
| Depreciation & Amoritzation | $91.8M | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $5B | $2B | $6B | $6.8B | $3.7B | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -$178.1M | |
| Cash From Investing | -$5B | -$37.4M | -$2.2B | -$3.3B | -$3.9B | |
| Dividends Paid (Ex Special Dividend) | -$262.6M | -$465.7M | -$510.9M | -$598.6M | -$763.9M | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | $902.3M | $1.3B | $172.3M | $1.4B | |
| Long-Term Debt Repaid | -- | -$554M | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | $21.7M | -$34.3M | -$132.9M | -$209.2M | -$495.2M | |
| Cash From Financing | -$240.9M | -$105M | $664.4M | -$574.7M | $109.3M | |
| Beginning Cash (CF) | $1.3B | $2.6B | $9.7B | $19.4B | $16.3B | |
| Foreign Exchange Rate Adjustment | $21.7M | $101.9M | -$226.4M | -$52.8M | -$240.6M | |
| Additions / Reductions | -$245.9M | $1.9B | $4.4B | $3B | -$123.4M | |
| Ending Cash (CF) | $1B | $4.5B | $13.8B | $22.3B | $15.9B | |
| Levered Free Cash Flow | -- | -- | -- | -- | -- | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $324.5M | $958.6M | $1.4B | $2.9B | $2.7B | |
| Depreciation & Amoritzation | $147.3M | $128.4M | $457.8M | $479.1M | $476.6M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $1.2B | -$95.9M | $3.1B | $3.4B | $3.8B | |
| Capital Expenditures | $295M | $246.9M | $222.3M | $271.4M | $325.1M | |
| Cash Acquisitions | -- | $83.8M | -$13.2M | $6.5M | -- | |
| Cash From Investing | $2.7B | -$4.2B | -$8.5B | -$7.6B | -$7.1B | |
| Dividends Paid (Ex Special Dividend) | $24.4M | $131M | $145.9M | $752.3M | $941.5M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $903.9M | $1.1B | $3.1B | $3.5B | $1.7B | |
| Long-Term Debt Repaid | -- | -$266.3M | -$883.3M | -$2.4B | -$1B | |
| Repurchase of Common Stock | $1.5B | $99.4M | $232.3M | $1.1B | $1.9B | |
| Other Financing Activities | $1.4B | -$71.7M | -$68.7M | $233.6M | -$193.2M | |
| Cash From Financing | $25.2B | $9.8B | -$2.9B | $3.6B | $4.9B | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $29.5B | $5.5B | -$8.4B | -$612.8M | $1.5B | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $922.1M | -$342.8M | $2.9B | $3.1B | $3.5B | |
| Period Ending | 2021-12-11 | 2022-12-11 | 2023-12-11 | 2024-12-11 | ||
|---|---|---|---|---|---|---|
| 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 | -- | -- | -- | -- | -- | |
| 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 | -- | -- | -- | -- | -- | |
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