Is JetBlue The Best Airline Stock?
Following a general trend of improvement among airline stocks, shares…
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $24.5B | $32.5B | $38B | $42B | $46.1B | |
| Revenue Growth (YoY) | -3.57% | 32.8% | 16.86% | 10.47% | 9.69% | |
| Cost of Revenues | $20B | $25.4B | $29.4B | $32.3B | $43B | |
| Gross Profit | $4.5B | $7.1B | $8.7B | $9.7B | $3.1B | |
| Gross Profit Margin | 18.57% | 21.94% | 22.79% | 23.12% | 6.64% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $3B | $3.7B | $4.3B | $4.9B | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $3.6B | $5.3B | $6.3B | $6.9B | -$5M | |
| Operating Income | $994.6M | $1.9B | $2.4B | $2.8B | $3.1B | |
| Net Interest Expenses | $160.1M | $135.2M | $210.8M | $276M | $429M | |
| EBT. Incl. Unusual Items | $592.4M | $1.8B | $2.1B | $2B | $2.5B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $146.4M | $448.9M | $525.7M | $642M | $704M | |
| Net Income to Company | $703.2M | $1.9B | $2.2B | $2.5B | $2.9B | |
| Minority Interest in Earnings | -- | $5.1M | $4.9M | $10M | $12M | |
| Net Income to Common Excl Extra Items | $488.4M | $1.4B | $1.6B | $1.4B | $1.9B | |
| Basic EPS (Cont. Ops) | $0.27 | $0.80 | $0.92 | $0.82 | $1.10 | |
| Diluted EPS (Cont. Ops) | $0.27 | $0.80 | $0.92 | $0.82 | $1.10 | |
| Weighted Average Basic Share | $1.8B | $1.8B | $1.7B | $1.7B | $1.7B | |
| Weighted Average Diluted Share | $1.8B | $1.8B | $1.7B | $1.7B | $1.7B | |
| EBITDA | $2B | $2.9B | $3.5B | $4B | $4.5B | |
| EBIT | $994.6M | $1.9B | $2.4B | $2.8B | $3.1B | |
| Revenue (Reported) | $24.5B | $32.5B | $38B | $42B | $46.1B | |
| Operating Income (Reported) | $994.6M | $1.9B | $2.4B | $2.8B | $3.1B | |
| Operating Income (Adjusted) | $994.6M | $1.9B | $2.4B | $2.8B | $3.1B | |
| 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 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $24.5B | $32.5B | $38B | $42B | $46.1B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $23.5B | $30.5B | $35.5B | $39.1B | $43.1B | |
| Gross Profit | $1.1B | $2B | $2.5B | $2.9B | $3B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | -- | -- | -- | |
| Operating Income | $1.1B | $2B | $2.5B | $2.9B | $3B | |
| Net Interest Expenses | $164.2M | $140M | $225.8M | $286M | $429M | |
| EBT. Incl. Unusual Items | $596.3M | $1.8B | $2.1B | $2B | $2.5B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $147.2M | $447M | $527.7M | $642M | $704M | |
| Net Income to Company | $707.3M | $1.8B | $2.3B | $2.5B | $2.9B | |
| Minority Interest in Earnings | -- | $5.2M | $4.8M | $10M | $12M | |
| Net Income to Common Excl Extra Items | $491.6M | $1.4B | $1.6B | $1.4B | $1.9B | |
| Basic EPS (Cont. Ops) | $0.28 | $0.79 | $0.93 | $0.82 | $1.10 | |
| Diluted EPS (Cont. Ops) | $0.28 | $0.79 | $0.92 | $0.82 | $1.10 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $2.1B | $2.9B | $3.5B | $4B | $4.4B | |
| EBIT | $1.1B | $2B | $2.5B | $2.9B | $3B | |
| Revenue (Reported) | $24.5B | $32.5B | $38B | $42B | $46.1B | |
| Operating Income (Reported) | $1.1B | $2B | $2.5B | $2.9B | $3B | |
| Operating Income (Adjusted) | $1.1B | $2B | $2.5B | $2.9B | $3B | |
| Period Ending | 2022-12-11 | 2023-12-11 | 2024-12-11 | 2025-12-11 | 2026-12-11 | |
|---|---|---|---|---|---|---|
| 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 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $2.5B | $2.2B | $1B | $623M | $575M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $2.6B | $3.3B | $3.7B | $4.1B | $6.4B | |
| Inventory | $440.9M | $570.4M | $692.1M | $734M | $820M | |
| Prepaid Expenses | $153.7M | $170.8M | $195.3M | $265M | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $6.7B | $7.5B | $7B | $7.5B | $7.8B | |
| Property Plant And Equipment | $2.1B | $2B | $2.2B | $2.6B | $2.9B | |
| Long-Term Investments | $898M | $1.4B | $1.6B | $1.6B | $2.1B | |
| Goodwill | $6.1B | $5.7B | $6.1B | $6.9B | -- | |
| Other Intangibles | $2.2B | $2.2B | $2.5B | $3.3B | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $20B | $20.9B | $21.5B | $24.3B | $26.7B | |
| Accounts Payable | $1.9B | $2.6B | $2.9B | $3.3B | $8.6B | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $241.7M | $216M | $237M | $273M | -- | |
| Other Current Liabilities | $20.1M | -- | -- | -- | -- | |
| Total Current Liabilities | $7B | $7.9B | $9.3B | $10.1B | $10.7B | |
| Long-Term Debt | $5.1B | $4.5B | $3.7B | $4.8B | $5.6B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $13.4B | $14.3B | $15.2B | $17.4B | $19B | |
| Common Stock | $267M | $221M | $241.7M | $346M | $346M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $6.6B | $6.6B | $6.3B | $6.8B | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $37.8M | $34.6M | $30.5M | $77M | $107M | |
| Total Equity | $6.6B | $6.6B | $6.3B | $6.9B | $7.8B | |
| Total Liabilities and Equity | $20B | $20.9B | $21.5B | $24.3B | $26.7B | |
| Cash and Short Terms | $2.5B | $2.2B | $1B | $623M | $575M | |
| Total Debt | $5.8B | $4.7B | $3.9B | $5.1B | $5.9B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $2.5B | $2.2B | $1B | $623M | -- | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $2.6B | $4.5B | $3.7B | $4.1B | -- | |
| Inventory | $439.1M | $570M | $692M | $734M | -- | |
| Prepaid Expenses | $153.1M | -- | $195M | $265M | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $6.6B | $7.5B | $7B | $7.5B | -- | |
| Property Plant And Equipment | $2.1B | $2B | $2.2B | $2.6B | -- | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | $6.1B | $5.7B | $6.1B | $6.9B | -- | |
| Other Intangibles | $2.2B | $2.2B | $2.5B | $3.3B | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $20B | $20.9B | $21.5B | $24.3B | -- | |
| Accounts Payable | $1.9B | $6.3B | $2.9B | $3.3B | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $241.7M | $216M | $237M | $273M | -- | |
| Other Current Liabilities | $20.1M | -- | -- | -- | -- | |
| Total Current Liabilities | $7B | $7.9B | $9.3B | $10.1B | -- | |
| Long-Term Debt | $4.2B | $3.7B | $2.8B | $3.8B | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $13.4B | $14.3B | $15.2B | $17.4B | -- | |
| Common Stock | $265.9M | $346M | $346M | $346M | -- | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $37.6M | $44M | $37M | $77M | -- | |
| Total Equity | $6.6B | $6.6B | $6.3B | $6.9B | -- | |
| Total Liabilities and Equity | $20B | $20.9B | $21.5B | $24.3B | -- | |
| Cash and Short Terms | $2.5B | $2.2B | $1B | $623M | -- | |
| Total Debt | -- | -- | -- | -- | -- | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $703.2M | $1.9B | $2.2B | $2.5B | $2.9B | |
| Depreciation & Amoritzation | $937.2M | $931M | $955.8M | $1.2B | $1.3B | |
| Stock-Based Compensation | $27.4M | $43.4M | $53.9M | $68M | $82M | |
| Change in Accounts Receivable | -$680M | -$1.1B | -$682.6M | -$670M | -$444M | |
| Change in Inventories | -$68.4M | -$155.6M | -$118.9M | -$36M | -$64M | |
| Cash From Operations | $1.6B | $2.1B | $2.7B | $3.2B | $3.4B | |
| Capital Expenditures | $840M | $863.4M | $1.1B | $1.4B | $1.4B | |
| Cash Acquisitions | $229.8M | $338M | $400.7M | $784M | $1.3B | |
| Cash From Investing | -$1B | -$1.2B | -$1.4B | -$1.6B | -$2.5B | |
| Dividends Paid (Ex Special Dividend) | -- | $533.1M | $794.1M | $963M | $1B | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | $756M | $1M | $1.4B | -- | |
| Long-Term Debt Repaid | -$9.4M | -$331.7M | -$543M | -$1.6B | -- | |
| Repurchase of Common Stock | $4.1M | $549.7M | $1.2B | $577M | $115M | |
| Other Financing Activities | $14.8M | -$77.1M | $147M | $46M | -- | |
| Cash From Financing | -$208M | -$881.3M | -$2.6B | -$1.9B | -$1B | |
| Beginning Cash (CF) | $2.5B | $2.2B | $1B | $623M | $575M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $365.3M | $96.9M | -$1.3B | -$237M | -$81M | |
| Ending Cash (CF) | $2.8B | $2.4B | -$294.5M | $445M | $516M | |
| Levered Free Cash Flow | $807.2M | $1.2B | $1.6B | $1.8B | $2.1B | |
| 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 | $707.3M | $1.8B | $2.3B | $2.5B | $2.9B | |
| Depreciation & Amoritzation | $936.8M | $931.3M | $956.3M | $1.1B | $1.3B | |
| Stock-Based Compensation | $27.4M | $43.9M | $53.9M | $68M | $82M | |
| Change in Accounts Receivable | -$689.9M | -$1.1B | -$687.6M | -$670M | -$444M | |
| Change in Inventories | -$69.8M | -$155.1M | -$117.6M | -$36M | -$64M | |
| Cash From Operations | $1.6B | $2.1B | $2.7B | $3.2B | $3.4B | |
| Capital Expenditures | $841.5M | $858.8M | $1.1B | $1.4B | $1.4B | |
| Cash Acquisitions | $231.8M | $336.2M | $398.1M | $784M | $1.3B | |
| Cash From Investing | -$1B | -$1.2B | -$1.4B | -$1.6B | -$2.5B | |
| Dividends Paid (Ex Special Dividend) | -- | $539.9M | $790.4M | $963M | $1B | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | $756M | $1M | $1.4B | -- | |
| Long-Term Debt Repaid | -$9.4M | -$331.7M | -$543M | -$1.6B | -- | |
| Repurchase of Common Stock | $4.2M | $522.8M | $1.2B | $577M | $115M | |
| Other Financing Activities | $14.8M | -$77.1M | $147M | $46M | -- | |
| Cash From Financing | -$210.4M | -$923M | -$2.6B | -$1.9B | -$1B | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $363.1M | $47.7M | -$1.3B | -$237M | -$81M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $807.3M | $1.2B | $1.6B | $1.8B | $2.1B | |
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | 2026-09-30 | |
|---|---|---|---|---|---|---|
| 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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