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 | $374.3M | $509.4M | $561.1M | $430.6M | $440M | |
| Revenue Growth (YoY) | -22.79% | 36.09% | 10.14% | -23.26% | 2.17% | |
| Cost of Revenues | $291.4M | $332.8M | $363.1M | $307.9M | $310.4M | |
| Gross Profit | $83M | $176.6M | $197.9M | $122.7M | $129.6M | |
| Gross Profit Margin | 22.17% | 34.67% | 35.28% | 28.49% | 29.45% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $83.2M | $108.1M | $112.5M | $95.8M | $96.5M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $56.8M | $114.7M | $113M | $76M | $90.7M | |
| Operating Income | $26.2M | $61.9M | $85M | $46.7M | $38.8M | |
| Net Interest Expenses | $4.1M | $4.5M | $2.6M | $8.7M | $11.6M | |
| EBT. Incl. Unusual Items | -$6.9M | $78.1M | $89.8M | $21.3M | $31.7M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $256.5K | $15.5M | $17.4M | $5.3M | $9.3M | |
| Net Income to Company | $26.7M | $74.3M | $89.8M | $21.3M | $31.7M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$7.2M | $62.6M | $72.4M | $15.9M | $22.4M | |
| Basic EPS (Cont. Ops) | -$0.03 | $0.27 | $0.34 | $0.08 | $0.11 | |
| Diluted EPS (Cont. Ops) | -$0.03 | $0.27 | $0.33 | $0.08 | $0.11 | |
| Weighted Average Basic Share | $214.8M | $228.1M | $216.2M | $206.6M | $210.6M | |
| Weighted Average Diluted Share | $215M | $230.4M | $219.4M | $208M | $211.3M | |
| EBITDA | $48.3M | $84.4M | $105.3M | $71.6M | $65.4M | |
| EBIT | $26.2M | $61.9M | $85M | $46.7M | $38.8M | |
| Revenue (Reported) | $374.3M | $509.4M | $561.1M | $430.6M | $440M | |
| Operating Income (Reported) | $26.2M | $61.9M | $85M | $46.7M | $38.8M | |
| Operating Income (Adjusted) | $26.2M | $61.9M | $85M | $46.7M | $38.8M | |
| 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 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Revenue | $471.7M | $547.8M | $499.2M | $409.5M | $488.2M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $302.4M | $350.4M | $335.7M | $287.8M | $348M | |
| Gross Profit | $169.3M | $197.4M | $163.5M | $121.7M | $140.2M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $97.1M | $112.6M | $103.8M | $95.4M | $104.9M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $98.6M | $123.9M | $100.1M | $78.1M | $99.6M | |
| Operating Income | $70.7M | $73.5M | $63.4M | $43.6M | $40.5M | |
| Net Interest Expenses | $9M | $2.9M | $4.6M | $11.8M | $9.8M | |
| EBT. Incl. Unusual Items | $63.8M | $97.8M | $56M | $14.9M | $28.3M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $12.5M | $18.8M | $11.6M | $4.8M | $8M | |
| Net Income to Company | $68.6M | $91.2M | $56M | $14.9M | $28.7M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $51.3M | $79M | $44.4M | $10.1M | $20.3M | |
| Basic EPS (Cont. Ops) | $0.22 | $0.35 | $0.21 | $0.05 | $0.10 | |
| Diluted EPS (Cont. Ops) | $0.22 | $0.35 | $0.21 | $0.05 | $0.10 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $92.4M | $95.4M | $85M | $69.9M | $66.9M | |
| EBIT | $70.7M | $73.5M | $63.4M | $43.6M | $40.5M | |
| Revenue (Reported) | $471.7M | $547.8M | $499.2M | $409.5M | $488.2M | |
| Operating Income (Reported) | $70.7M | $73.5M | $63.4M | $43.6M | $40.5M | |
| Operating Income (Adjusted) | $70.7M | $73.5M | $63.4M | $43.6M | $40.5M | |
| 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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $43.1M | $56.2M | $41.3M | $20.4M | $19M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $45.1M | $47.9M | $48.4M | $32.1M | $43.1M | |
| Inventory | $45.1M | $44.4M | $51.7M | $122.1M | $102.7M | |
| Prepaid Expenses | $2.3M | $3.7M | $4M | $5.6M | $4.3M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $137.8M | $154.9M | $147M | $187M | $180M | |
| Property Plant And Equipment | $268.1M | $295.1M | $302.9M | $349M | $356.1M | |
| Long-Term Investments | -- | -- | -- | $6.4M | $3.5M | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | $15M | $23.9M | $28.6M | $24.5M | $14.6M | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $420.9M | $474.1M | $478.3M | $566.9M | $554.1M | |
| Accounts Payable | $44.7M | $55M | $52.9M | $47.8M | $50M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $4.6M | $6.1M | $5.7M | $7.3M | $7.3M | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $99.4M | $123M | $130.9M | $119.7M | $102.6M | |
| Long-Term Debt | $28.7M | $16.3M | $64.1M | $162.3M | $143.4M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $141.9M | $156M | $213M | $302M | $272.4M | |
| Common Stock | $3.1M | $3.1M | $2.5M | $2.7M | $2.6M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $279M | $318M | $265.2M | $264.9M | $281.7M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $279M | $318M | $265.2M | $264.9M | $281.7M | |
| Total Liabilities and Equity | $420.9M | $474.1M | $478.3M | $566.9M | $554.1M | |
| Cash and Short Terms | $43.1M | $56.2M | $41.3M | $20.4M | $19M | |
| Total Debt | $33.4M | $22.3M | $69.8M | $169.5M | $150.7M | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $44M | $41.6M | $21.1M | $14.4M | $20.6M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $76.1M | $74.6M | $77.1M | $64.8M | $83M | |
| Inventory | $48.4M | $44M | $91.6M | $122.8M | $104.4M | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $170.1M | $160.2M | $190.5M | $207.9M | $214.7M | |
| Property Plant And Equipment | $289M | $285M | $336.1M | $347.7M | $385.1M | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $474.7M | $464.4M | $549.6M | $575.7M | $611.4M | |
| Accounts Payable | $115.7M | $126.1M | $141.6M | $103.2M | $120.2M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $5.8M | $5.2M | $6.6M | $7M | $8.1M | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $133M | $142.3M | $158.5M | $115.9M | $133.8M | |
| Long-Term Debt | $6.9M | $12.1M | $83.9M | $141.8M | $115.5M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $170.4M | $184M | $282.8M | $300.4M | $297M | |
| Common Stock | $3.2M | $2.7M | $2.6M | $2.7M | $2.9M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $304.3M | $280.4M | $266.8M | $275.3M | $314.4M | |
| Total Liabilities and Equity | $474.7M | $464.4M | $549.6M | $575.7M | $611.4M | |
| Cash and Short Terms | $44M | $41.6M | $21.1M | $14.4M | $20.6M | |
| Total Debt | -- | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $26.7M | $74.3M | $89.8M | $21.3M | $31.7M | |
| Depreciation & Amoritzation | $21.9M | $22.6M | $20.3M | $24.9M | $26.6M | |
| Stock-Based Compensation | $1.2M | $3.4M | $4.2M | $1.1M | $1.3M | |
| Change in Accounts Receivable | $5.9M | -$4.7M | -$6.4M | $16.5M | -$10.2M | |
| Change in Inventories | $19M | $275.1K | -$12.6M | -$65.6M | $17.6M | |
| Cash From Operations | $51.7M | $93.8M | $93.1M | -$27.2M | $53.5M | |
| Capital Expenditures | $31.9M | $48M | $54.3M | $42.4M | $32.7M | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$31.9M | -$27.5M | -$50.7M | -$42M | -$32.7M | |
| Dividends Paid (Ex Special Dividend) | -- | $18.8M | $29.8M | $31.9M | $8.1M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $102.7M | $6.9M | $49.5M | $170.5M | $118.9M | |
| Long-Term Debt Repaid | -$173.3M | -$27.5M | -- | -$83.4M | -$131.6M | |
| Repurchase of Common Stock | $1.3M | $6.9M | $64.7M | $2.6M | -- | |
| Other Financing Activities | -$4.1M | -- | -- | -- | -- | |
| Cash From Financing | -$13.5M | -$52.5M | -$51.2M | $46.5M | -$21.9M | |
| Beginning Cash (CF) | $43.1M | $56.2M | $41.3M | $20.4M | $19M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $6.3M | $13.8M | -$8.9M | -$22.7M | -$1M | |
| Ending Cash (CF) | $49.3M | $70M | $32.4M | -$2.4M | $18M | |
| Levered Free Cash Flow | $19.7M | $45.8M | $38.8M | -$69.6M | $20.8M | |
| 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 | $68.6M | $91.2M | $56M | $14.9M | $28.7M | |
| Depreciation & Amoritzation | $21.7M | $21.8M | $21.6M | $26.3M | $26.7M | |
| Stock-Based Compensation | $2.2M | $4.4M | $3.2M | $257.7K | $2M | |
| Change in Accounts Receivable | -$23.3M | -$7.4M | -$519.5K | $12.2M | -$12.7M | |
| Change in Inventories | $11.8M | -$1.5M | -$44.4M | -$30.7M | $26.6M | |
| Cash From Operations | $100.3M | $98.1M | $21.3M | $4.6M | $86.5M | |
| Capital Expenditures | $32.7M | $59.4M | $45.6M | $35.6M | $30.5M | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$32.7M | -$35.4M | -$45.5M | -$35.2M | -$30.5M | |
| Dividends Paid (Ex Special Dividend) | -- | $18.7M | $28.4M | $32.2M | $8.1M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $7M | $12.6M | $131.7M | $135.1M | $87M | |
| Long-Term Debt Repaid | -$199.1M | -$6.7M | -$61.3M | -$79.1M | -$123.7M | |
| Repurchase of Common Stock | $2.2M | $40M | $32M | $375.9K | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -$133M | -$58.8M | $2.5M | $23.9M | -$51.5M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$65.4M | $3.9M | -$21.7M | -$6.7M | $4.5M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $67.6M | $38.8M | -$24.4M | -$30.9M | $56M | |
| 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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