Is JetBlue The Best Airline Stock?
Following a general trend of improvement among airline stocks, shares…
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | $2.5B | $2.4B | $3.2B | $3.6B | |
| Revenue Growth (YoY) | 14% | 26.73% | -3.16% | 32.31% | 10.85% | |
| Cost of Revenues | $825.4M | $1B | $996.8M | $1.3B | $1.5B | |
| Gross Profit | $1.2B | $1.5B | $1.4B | $1.9B | $2B | |
| Gross Profit Margin | 58.63% | 59.83% | 59.26% | 59.44% | 57.1% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $861M | $1.1B | $1.1B | $1.3B | $1.4B | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $834.5M | $1.1B | $1.1B | $1.3B | $1.4B | |
| Operating Income | $335.1M | $368.2M | $386.1M | $595.5M | $646.1M | |
| Net Interest Expenses | $2.3M | $29.2M | $30.6M | $30.2M | $23.1M | |
| EBT. Incl. Unusual Items | $331M | $418.6M | $424.4M | $635.2M | $716.4M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $79.3M | $95.6M | $106.6M | $198.2M | $221.2M | |
| Net Income to Company | $251.6M | $320.8M | $314.5M | $435.1M | $492.2M | |
| Minority Interest in Earnings | $679K | -$553.3K | $2.6M | $6.4M | $5.4M | |
| Net Income to Common Excl Extra Items | $252.3M | $320.8M | $314.5M | $435.1M | $492.2M | |
| Basic EPS (Cont. Ops) | $1.18 | $1.49 | $1.44 | $1.98 | $2.19 | |
| Diluted EPS (Cont. Ops) | $1.16 | $1.46 | $1.41 | $1.92 | $2.14 | |
| Weighted Average Basic Share | $215.5M | $215.5M | $216.5M | $216.9M | $222.6M | |
| Weighted Average Diluted Share | $215.5M | $226.9M | $228.7M | $228.5M | $230.8M | |
| EBITDA | $471.9M | $507.3M | $524.6M | $765.2M | $816M | |
| EBIT | $352.5M | $368.2M | $386.1M | $595.5M | $646.1M | |
| Revenue (Reported) | $2B | $2.5B | $2.4B | $3.2B | $3.6B | |
| Operating Income (Reported) | $335.1M | $368.2M | $386.1M | $595.5M | $646.1M | |
| Operating Income (Adjusted) | $352.5M | $368.2M | $386.1M | $595.5M | $646.1M | |
| Period Ending | 2015-03-31 | 2016-03-31 | 2017-03-31 | 2018-03-31 | 2019-03-31 | |
|---|---|---|---|---|---|---|
| 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. | -- | -- | -- | -- | -- | |
| 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 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $2.2B | $2.6B | $2.6B | $3.4B | $3.6B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $927.8M | $1.1B | $1.1B | $1.4B | $1.5B | |
| Gross Profit | $1.3B | $1.5B | $1.5B | $2B | $2.1B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $965.8M | $1.2B | $1.1B | $1.4B | $1.4B | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $932.9M | $1.1B | $1.1B | $1.4B | $1.4B | |
| Operating Income | $328.6M | $407.9M | $401.6M | $624M | $648.1M | |
| Net Interest Expenses | $27.1M | $30.2M | $27.1M | $30.6M | $17.7M | |
| EBT. Incl. Unusual Items | $370.8M | $442.9M | $455.5M | $666.9M | $738.8M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $88.6M | $107.4M | $118.1M | $201.6M | $229.7M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -$3.3M | -$226.4K | $3.6M | $8.4M | $5.3M | |
| Net Income to Common Excl Extra Items | $282.2M | $332.3M | $333.6M | $464.3M | $500.3M | |
| Basic EPS (Cont. Ops) | $1.33 | $1.54 | $1.52 | $2.10 | $2.19 | |
| Diluted EPS (Cont. Ops) | $1.33 | $1.51 | $1.48 | $2.03 | $2.15 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $464.7M | $551.5M | $548.1M | $779.7M | $832.4M | |
| EBIT | $328.6M | $407.9M | $401.6M | $624M | $648.1M | |
| Revenue (Reported) | $2.2B | $2.6B | $2.6B | $3.4B | $3.6B | |
| Operating Income (Reported) | $328.6M | $407.9M | $401.6M | $624M | $648.1M | |
| Operating Income (Adjusted) | $328.6M | $407.9M | $401.6M | $624M | $648.1M | |
| 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 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $269.1M | $1.5B | $1.4B | $1.8B | $1.7B | |
| Short Term Investments | $919.4M | $1B | $779.6M | $851.8M | $1B | |
| Accounts Receivable, Net | $122M | $195M | $134.3M | $207.3M | $164.8M | |
| Inventory | $402M | $423.8M | $391.3M | $442.4M | $544.8M | |
| Prepaid Expenses | $146.2M | $69.6M | $74.4M | $70.7M | $70.8M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $2B | $2.3B | $2.1B | $2.6B | $2.7B | |
| Property Plant And Equipment | $371.3M | $454M | $393.8M | $346.2M | $486.9M | |
| Long-Term Investments | -- | $243.7M | $220.9M | $348.2M | $409.6M | |
| Goodwill | $168.2M | $167.9M | $138M | $123.6M | $97.5M | |
| Other Intangibles | $96.2M | $92.9M | $79.8M | $71.4M | $139.9M | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $2.9B | $3.4B | $3B | $3.6B | $3.8B | |
| Accounts Payable | $375.1M | $90.1M | $97.1M | $181M | $141.2M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $33.9M | $42.4M | $38.4M | $50M | $62M | |
| Other Current Liabilities | -- | -- | $5.9M | $6.1M | $4.8M | |
| Total Current Liabilities | $826.8M | $1B | $881M | $1.5B | $1.3B | |
| Long-Term Debt | $243.7M | $359.6M | $311.7M | $63.1M | $77.5M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $1.2B | $1.4B | $1.2B | $1.7B | $1.4B | |
| Common Stock | $123.2K | $128.8K | $119K | $113.3K | $119K | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $1.7B | $1.9B | $1.8B | $1.9B | $2.3B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $27.6M | $5.3M | $8.3M | $11.6M | $15.3M | |
| Total Equity | $1.7B | $1.9B | $1.8B | $1.9B | $2.3B | |
| Total Liabilities and Equity | $2.9B | $3.4B | $3B | $3.6B | $3.8B | |
| Cash and Short Terms | $1.2B | $1.5B | $1.4B | $1.8B | $1.7B | |
| Total Debt | $345.7M | $407.3M | $356.1M | $348.9M | $139.7M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $292.9M | $248M | $502.5M | $417.3M | -- | |
| Short Term Investments | $589.9M | $589.4M | $507.3M | $663.6M | -- | |
| Accounts Receivable, Net | $564.7M | $638.8M | $609.6M | $657.5M | -- | |
| Inventory | $547.6M | $481.9M | $530.8M | $847M | -- | |
| Prepaid Expenses | $272.4M | $186.5M | $166.9M | $142.4M | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $2.4B | $2.3B | $2.4B | $2.8B | -- | |
| Property Plant And Equipment | $391.4M | $394.7M | $357.8M | $456.7M | -- | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | $171.1M | $136M | $130.1M | $115.4M | -- | |
| Other Intangibles | $69M | $57.6M | $51.4M | $52M | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $3.4B | $3.2B | $3.2B | $3.8B | -- | |
| Accounts Payable | $734.1M | $692.7M | $803.6M | $1.1B | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $29.5M | $40.6M | $39.4M | $45.1M | -- | |
| Other Current Liabilities | -- | -- | $5.3M | $6.2M | -- | |
| Total Current Liabilities | $1.3B | $1.2B | $1.2B | $1.9B | -- | |
| Long-Term Debt | $248.5M | $255.1M | $233.3M | -- | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $1.6B | $1.6B | $1.6B | $1.9B | -- | |
| Common Stock | $126.1K | $114.7K | $112.1K | $117.9K | -- | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $26.1M | $3.3M | $5.9M | $13.8M | -- | |
| Total Equity | $1.7B | $1.6B | $1.7B | $1.9B | -- | |
| Total Liabilities and Equity | $3.4B | $3.2B | $3.2B | $3.8B | -- | |
| Cash and Short Terms | $882.8M | $837.4M | $1B | $1.1B | -- | |
| Total Debt | -- | -- | -- | -- | -- | |
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $251.6M | $320.8M | $314.5M | $435.1M | $492.2M | |
| Depreciation & Amoritzation | $119.4M | $139.1M | $138.5M | $169.7M | $169.9M | |
| Stock-Based Compensation | $14.6M | $11.2M | $868.9K | $13.9M | $22.4M | |
| Change in Accounts Receivable | $4.5M | -$82.6M | $54M | -$60.4M | -$24.9M | |
| Change in Inventories | $11.2M | -$6.6M | -$160K | -$70.9M | -$104.3M | |
| Cash From Operations | $462.4M | $488M | $476.7M | $1B | $547.9M | |
| Capital Expenditures | $64.4M | $89.9M | $74.1M | $78.1M | $184.5M | |
| Cash Acquisitions | -$82.6M | -- | $20M | $2M | -- | |
| Cash From Investing | -$570.1M | -$125.4M | $69.3M | -$367.4M | -$457.2M | |
| Dividends Paid (Ex Special Dividend) | -$129.9M | $204.1M | $251.1M | $257.3M | $366.6M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $59M | $78.9M | $170.2M | $117.3M | $84.7M | |
| Long-Term Debt Repaid | -$74.8M | -$30.3M | -$229.8M | -$117.3M | -$69.8M | |
| Repurchase of Common Stock | -- | $2.2M | -- | $20.9M | $30.9M | |
| Other Financing Activities | $39.1M | $7.4M | $1.5M | -- | -- | |
| Cash From Financing | -$161.2M | -$192.1M | -$363.6M | -$331.8M | -$407.5M | |
| Beginning Cash (CF) | $537.1M | $423.2M | $617.9M | $951.9M | $638.1M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$268.9M | $167.3M | $188.4M | $300.1M | -$314.6M | |
| Ending Cash (CF) | $261.4M | $587.4M | $812.4M | $1.2B | $325.7M | |
| Levered Free Cash Flow | $398M | $398.1M | $402.6M | $924.6M | $363.4M | |
| 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 | -- | -- | -- | -- | -- | |
| 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 | 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 | $486.6M | $432.3M | $636.6M | $601.2M | -- | |
| Capital Expenditures | $59.7M | $98.1M | $65.9M | $154.6M | $78.4M | |
| Cash Acquisitions | $85.4M | $12.5M | $9.1M | -$20.4K | -- | |
| Cash From Investing | -$153.1M | -$240.9M | -$42.1M | -$382.9M | -- | |
| Dividends Paid (Ex Special Dividend) | $191.1M | $258.3M | $244.2M | $345.5M | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $52.7M | $170.3M | $119.2M | $106.2M | -- | |
| Long-Term Debt Repaid | $10.9M | -$81.6M | -$254.9M | -$94.6M | -- | |
| Repurchase of Common Stock | $15.2M | $2.2M | -- | $20.8M | -- | |
| Other Financing Activities | -$56.6M | -- | -- | -- | -- | |
| Cash From Financing | -$244.6M | -$145.4M | -$436M | -$386.3M | -- | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $84.6M | $40.1M | $166.7M | -$165.7M | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $426.9M | $334.2M | $570.7M | $446.6M | -- | |
| 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 | -- | -- | -- | -- | -- | |
| 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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