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 | $19.8B | $25B | $27.1B | $28B | $26.7B | |
| Revenue Growth (YoY) | -4.28% | 26.24% | 8.33% | 3.26% | -4.56% | |
| Cost of Revenues | $12.5B | $16.4B | $20.1B | $20.8B | $19.5B | |
| Gross Profit | $7.3B | $8.6B | $7B | $7.2B | $7.2B | |
| Gross Profit Margin | 37% | 34.5% | 25.93% | 25.63% | 26.86% | |
| R&D Expenses | -- | $650.2M | $729.4M | $689.2M | $578.3M | |
| Selling, General & Admin | $6.3B | $7.8B | $6.5B | $7B | $6.3B | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $6.1B | $7.8B | $6.5B | $7B | $6.3B | |
| Operating Income | $1.2B | $822.4M | $554.8M | $210M | $826.7M | |
| Net Interest Expenses | $956.1M | $1.5B | $1.6B | $1.9B | $2B | |
| EBT. Incl. Unusual Items | $2.5B | $2.5B | $791M | -$238.1M | -$642.9M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $851.4M | $1.2B | $1.1B | $356.3M | $355M | |
| Net Income to Company | $2.5B | $3.8B | $1.6B | $1.1B | $47.5M | |
| Minority Interest in Earnings | -$446.7M | $1.1B | $568.5M | $560.1M | $296.8M | |
| Net Income to Common Excl Extra Items | $1.2B | $2.6B | $445M | $754.7M | -$307.5M | |
| Basic EPS (Cont. Ops) | $0.14 | $0.19 | -$0.02 | $0.02 | -$0.07 | |
| Diluted EPS (Cont. Ops) | $0.14 | $0.19 | -$0.02 | $0.02 | -$0.07 | |
| Weighted Average Basic Share | $8.5B | $8.3B | $8.3B | $8.2B | $8.1B | |
| Weighted Average Diluted Share | $8.5B | $8.4B | $8.3B | $8.2B | $8.1B | |
| EBITDA | $4.9B | $2.1B | $1.9B | $1.7B | $2.3B | |
| EBIT | $3.8B | $822.4M | $554.8M | $210M | $826.7M | |
| Revenue (Reported) | $19.8B | $25B | $27.1B | $28B | $26.7B | |
| Operating Income (Reported) | $1.2B | $822.4M | $554.8M | $210M | $826.7M | |
| Operating Income (Adjusted) | $3.8B | $822.4M | $554.8M | $210M | $826.7M | |
| Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | $68K | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | $1.7M | $2.5M | $4.2M | |
| Selling, General & Admin | -- | -- | $1.7M | $694K | $2.8M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | $3.4M | $3.2M | $7M | |
| Operating Income | -- | -- | -$3.4M | -$3.1M | -$7M | |
| Net Interest Expenses | -- | -- | $344K | $401K | -- | |
| EBT. Incl. Unusual Items | -- | -- | -$3.7M | -$3.5M | -$6.8M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | -$3.7M | -$3.5M | -$6.8M | |
| Basic EPS (Cont. Ops) | -- | -- | -$0.12 | -$0.15 | -$0.25 | |
| Diluted EPS (Cont. Ops) | -- | -- | -$0.12 | -$0.15 | -$0.25 | |
| Weighted Average Basic Share | -- | -- | $31.3M | $23.6M | $26.8M | |
| Weighted Average Diluted Share | -- | -- | $31.3M | $23.6M | $26.8M | |
| EBITDA | -- | -- | -$3.2M | -$2.9M | -$6.6M | |
| EBIT | -- | -- | -$3.4M | -$3.1M | -$6.8M | |
| Revenue (Reported) | -- | -- | -- | $68K | -- | |
| Operating Income (Reported) | -- | -- | -$3.4M | -$3.1M | -$7M | |
| Operating Income (Adjusted) | -- | -- | -$3.4M | -$3.1M | -$6.8M | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Revenue | $22B | $27.6B | $27.6B | $27.5B | $25.2B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $14.4B | $19.1B | $20.4B | $20.4B | $18.3B | |
| Gross Profit | $7.6B | $8.5B | $7.2B | $7.1B | $6.9B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $7B | $7.3B | $6.9B | $6.6B | $6.1B | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $6.9B | $7.3B | $6.9B | $6.6B | $6.1B | |
| Operating Income | $736.7M | $1.2B | $291.5M | $480M | $759.3M | |
| Net Interest Expenses | $961.4M | $1.7B | $1.7B | $1.9B | $2.1B | |
| EBT. Incl. Unusual Items | $3.1B | $2.3B | $972.9M | -$590.7M | -$669.1M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $908M | $1B | $1.3B | $167.9M | $366.9M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -$666.8M | $1B | $719.5M | $351.3M | $326.1M | |
| Net Income to Common Excl Extra Items | $1.5B | $2.3B | $469.8M | $453.8M | -$288.9M | |
| Basic EPS (Cont. Ops) | $0.18 | $0.16 | -$0.03 | $0.01 | -$0.08 | |
| Diluted EPS (Cont. Ops) | $0.18 | $0.16 | -$0.03 | $0.01 | -$0.08 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $4.5B | $2.5B | $1.6B | $2B | $2.3B | |
| EBIT | $4.5B | $1.2B | $291.5M | $480M | $759.3M | |
| Revenue (Reported) | $22B | $27.6B | $27.6B | $27.5B | $25.2B | |
| Operating Income (Reported) | $736.7M | $1.2B | $291.5M | $480M | $759.3M | |
| Operating Income (Adjusted) | $4.5B | $1.2B | $291.5M | $480M | $759.3M | |
| 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 | $15.1B | $26.1B | $22.6B | $20.4B | $20.4B | |
| Short Term Investments | $10.5B | $11B | $8.3B | $7.5B | $5.9B | |
| Accounts Receivable, Net | $4B | $1.7B | $3B | $3B | $2.6B | |
| Inventory | $10.2B | $9.5B | $11.8B | $9.9B | $7.6B | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | $891.7M | -- | $4.6M | $5M | $1.9M | |
| Total Current Assets | $48B | $53.8B | $51B | $45.8B | $42B | |
| Property Plant And Equipment | $12.5B | $11.9B | $10.7B | $11.9B | $11.3B | |
| Long-Term Investments | -- | $49B | $42.9B | $44.5B | $44.9B | |
| Goodwill | $3.7B | $3.9B | $4B | $4.2B | $3.5B | |
| Other Intangibles | $4B | $4.3B | $5B | $5.2B | $5.1B | |
| Other Long-Term Assets | $730M | $712.5M | $794.1M | $845.7M | $914.2M | |
| Total Assets | $117.5B | $126.5B | $116B | $114B | $109.1B | |
| Accounts Payable | $4.6B | $3.1B | $3.2B | $3.4B | $2.9B | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $323.1M | -- | -- | $375.7M | $371.4M | |
| Other Current Liabilities | $369.8M | -- | -- | $367.2M | $381.6M | |
| Total Current Liabilities | $45.2B | $53B | $49B | $45.6B | $45.1B | |
| Long-Term Debt | $21.7B | $23.2B | $19.6B | $19B | $16.7B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $88B | $94.5B | $87.2B | $84.4B | $81.9B | |
| Common Stock | $5.6B | $5.8B | $5.3B | $5.3B | $5.1B | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $19.6B | $20.6B | $17.4B | $17.6B | $16.2B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $10B | $11.3B | $11.3B | $11.8B | $10.9B | |
| Total Equity | $29.6B | $31.9B | $28.6B | $29.4B | $27.1B | |
| Total Liabilities and Equity | $117.5B | $126.4B | $115.8B | $113.8B | $109B | |
| Cash and Short Terms | $25.6B | $26.1B | $22.6B | $20.4B | $20.4B | |
| Total Debt | $36.2B | $23.5B | $20B | $19.3B | $17B | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $16.3B | $17.5B | $15.8B | $15.1B | -- | |
| Short Term Investments | $11.1B | $10.6B | $25.5B | -- | -- | |
| Accounts Receivable, Net | $4.1B | $4.6B | $2.1B | $1.9B | -- | |
| Inventory | $10.8B | $12.4B | $14B | $12B | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | $982.5M | $1.3B | $286.4M | $793.6M | -- | |
| Total Current Assets | $50B | $56.5B | $70.4B | $41.1B | -- | |
| Property Plant And Equipment | $12.2B | $11B | $10.2B | $10.9B | -- | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | $3.8B | $3.9B | $3.9B | $4B | -- | |
| Other Intangibles | $4B | $4.7B | $5B | $5B | -- | |
| Other Long-Term Assets | $692.6M | $636.4M | -- | -- | -- | |
| Total Assets | $120.5B | $126.8B | $115.1B | $113.1B | -- | |
| Accounts Payable | $4.4B | $4.8B | $3.6B | $3.6B | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $47.3B | $56B | $52B | $45.1B | -- | |
| Long-Term Debt | $22.9B | $20.9B | $30.9B | $31.1B | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $90.6B | $97.2B | $86.8B | $84.3B | -- | |
| Common Stock | $5.7B | $5.5B | $5.1B | $5.1B | -- | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $10.1B | $10.7B | $11B | $11.6B | -- | |
| Total Equity | $29.8B | $29.6B | $28.3B | $28.8B | -- | |
| Total Liabilities and Equity | $120.5B | $126.8B | $115.1B | $113.1B | -- | |
| Cash and Short Terms | $27.4B | $28B | $41.3B | $15.1B | -- | |
| Total Debt | $38B | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $2.5B | $3.8B | $1.6B | $1.1B | $47.5M | |
| Depreciation & Amoritzation | $1.1B | $1.2B | $1.3B | $1.5B | $1.5B | |
| Stock-Based Compensation | $47.3M | $79.7M | $37.7M | $38.3M | $33.3M | |
| Change in Accounts Receivable | -$309.5M | -$1.5B | -$648.8M | -$1.5B | $716.8M | |
| Change in Inventories | -$1B | -$812M | -$359.1M | $1.6B | $1.5B | |
| Cash From Operations | $1.3B | -$1B | $781.9M | $182.6M | $3.1B | |
| Capital Expenditures | $1.3B | $1.5B | $1.8B | $1.9B | $1.6B | |
| Cash Acquisitions | -$559.1M | $414.3M | $323.5M | $106.9M | $477.7M | |
| Cash From Investing | $88.8M | -$1.1B | $5B | $1.6B | -$908.7M | |
| Dividends Paid (Ex Special Dividend) | -$215.5M | $146.1M | $521.9M | $5.1M | $35M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $18.5B | $21.4B | $15.4B | $17.8B | $23.1B | |
| Long-Term Debt Repaid | -$15.8B | -$19.7B | -$19.2B | -$19.8B | -$21.9B | |
| Repurchase of Common Stock | -$153.9M | $167.7M | $80.8M | $25.5M | $23.2M | |
| Other Financing Activities | $450.9M | $547.9M | $1.3B | -$805.8M | -$530M | |
| Cash From Financing | $332.3M | $975.3M | -$5.7B | -$3.9B | -$292M | |
| Beginning Cash (CF) | $11.9B | $15.1B | $14.4B | $12.9B | $14.5B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $1.7B | -$1.2B | $146.7M | -$2B | $1.9B | |
| Ending Cash (CF) | $13.6B | $13.9B | $14.5B | $10.9B | $16.4B | |
| Levered Free Cash Flow | -$43.2M | -$2.6B | -$1B | -$1.7B | $1.5B | |
| 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 | -- | -- | -- | -- | -- | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -- | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$200.9M | $208.6M | $1.7B | -$485.3M | $3.8B | |
| Capital Expenditures | $1.4B | $1.5B | $1.8B | $1.8B | $1.6B | |
| Cash Acquisitions | -$573M | $239.3M | $294.3M | $28.9M | $960.6M | |
| Cash From Investing | -$369.6M | $166.9M | $6.7B | -$519M | -$9.2B | |
| Dividends Paid (Ex Special Dividend) | -- | $399.3M | $250.5M | $5M | $59.1M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $21.6B | $19.6B | $10.2B | $22.2B | -- | |
| Long-Term Debt Repaid | -$19.5B | -$17.5B | -$17.4B | -$21.2B | -- | |
| Repurchase of Common Stock | -$196.3M | $83.2M | $85.8M | $32.4M | $21.9M | |
| Other Financing Activities | $549.3M | $622.1M | $627.9M | -$289.3M | -- | |
| Cash From Financing | -$210.5M | $1.2B | -$9.9B | -$416.7M | -$1.3B | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$780.2M | $1.6B | -$1.5B | -$1.4B | -$5.7B | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -$1.6B | -$1.3B | -$20.6M | -$2.3B | $2.2B | |
| Period Ending | 2022-12-11 | 2023-12-11 | 2024-12-11 | 2025-12-11 | 2026-12-11 | |
|---|---|---|---|---|---|---|
| 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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