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 | $4.1B | $5.6B | $5.5B | $4.3B | $4.7B | |
| Revenue Growth (YoY) | 66.47% | 35.85% | -2.22% | -21.73% | 9.66% | |
| Cost of Revenues | $3.8B | $4.8B | $4.9B | $4.2B | $4.4B | |
| Gross Profit | $294.7M | $837.2M | $520M | $116.3M | $252.1M | |
| Gross Profit Margin | 7.16% | 14.98% | 9.51% | 2.72% | 5.37% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $52.7M | $75.3M | $66.3M | $45.5M | $45.6M | |
| Other Inc / (Exp) | -$12.2M | -$283.8M | -$86.5M | $84M | -- | |
| Operating Expenses | $111.4M | $136.5M | $137M | $88.3M | $96.1M | |
| Operating Income | $183.3M | $700.7M | $383M | $28M | $156.1M | |
| Net Interest Expenses | $19.6M | $26.7M | $48.9M | $47.2M | $49.9M | |
| EBT. Incl. Unusual Items | $155.7M | $400.5M | $262.2M | $64.1M | $57.6M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $43.9M | $120.8M | $80.5M | $13.5M | $20.9M | |
| Net Income to Company | $104.7M | $270.7M | $166.2M | $40.7M | $25.7M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $104.7M | $270.7M | $166.2M | $40.7M | $25.7M | |
| Basic EPS (Cont. Ops) | $0.46 | $1.19 | $0.74 | $0.18 | $0.12 | |
| Diluted EPS (Cont. Ops) | $0.46 | $1.19 | $0.74 | $0.18 | $0.12 | |
| Weighted Average Basic Share | $228.5M | $226.9M | $223.5M | $223.5M | $219.8M | |
| Weighted Average Diluted Share | $229.4M | $228.3M | $224.9M | $224.7M | $221.4M | |
| EBITDA | $263.8M | $784.1M | $460.7M | $106.7M | $233.4M | |
| EBIT | $183.3M | $700.7M | $383M | $28M | $156.1M | |
| Revenue (Reported) | $4.1B | $5.6B | $5.5B | $4.3B | $4.7B | |
| Operating Income (Reported) | $183.3M | $700.7M | $383M | $28M | $156.1M | |
| Operating Income (Adjusted) | $183.3M | $700.7M | $383M | $28M | $156.1M | |
| 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 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $4.1B | $5.6B | $5.5B | $4.3B | $4.7B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $3.8B | $4.8B | $4.9B | $4.2B | $4.4B | |
| Gross Profit | $294.8M | $834M | $520.9M | $115.9M | $251.7M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $44.3M | $72.4M | $66.4M | $45.7M | $45.6M | |
| Other Inc / (Exp) | -$9.7M | -$272.9M | -$87.2M | $84.7M | -- | |
| Operating Expenses | $103M | $136.3M | $137M | $88.3M | $96M | |
| Operating Income | $191.8M | $697.7M | $383.9M | $27.6M | $155.6M | |
| Net Interest Expenses | $19.6M | $26.6M | $48.9M | $47.1M | $49.8M | |
| EBT. Incl. Unusual Items | $153.4M | $402.9M | $263.2M | $63.8M | $57.1M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $44M | $121.5M | $80.8M | $13.4M | $20.8M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $104.7M | $272.5M | $166.8M | $40.5M | $25.4M | |
| Basic EPS (Cont. Ops) | $0.46 | $1.20 | $0.75 | $0.18 | $0.11 | |
| Diluted EPS (Cont. Ops) | $0.46 | $1.19 | $0.74 | $0.18 | $0.11 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $272.3M | $781.1M | $461.7M | $106.3M | $233M | |
| EBIT | $191.8M | $697.7M | $383.9M | $27.6M | $155.6M | |
| Revenue (Reported) | $4.1B | $5.6B | $5.5B | $4.3B | $4.7B | |
| Operating Income (Reported) | $191.8M | $697.7M | $383.9M | $27.6M | $155.6M | |
| Operating Income (Adjusted) | $191.8M | $697.7M | $383.9M | $27.6M | $155.6M | |
| 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 | $91.4M | $207.3M | $474.2M | $413.8M | $338.9M | |
| Short Term Investments | -- | -- | $80.7M | -- | -- | |
| Accounts Receivable, Net | $266.8M | $288.6M | $296.2M | $314.8M | $276.5M | |
| Inventory | $480.8M | $551.3M | $534.3M | $371.3M | $343.1M | |
| Prepaid Expenses | $10.2M | $8.6M | $15.4M | $23.2M | $16.6M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $1.1B | $1.4B | $1.5B | $1.3B | $1.1B | |
| Property Plant And Equipment | $619.3M | $549M | $524.3M | $569.7M | $524.4M | |
| Long-Term Investments | $122.3M | $89.9M | $57.1M | $42.9M | $20.8M | |
| Goodwill | $61.9M | $55.1M | $55.1M | $62.5M | -- | |
| Other Intangibles | $11.6M | $9.4M | $8.4M | $15.8M | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $2B | $2.2B | $2.2B | $2B | $1.8B | |
| Accounts Payable | $131.5M | $113.3M | $122.2M | $125.8M | $116.4M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | $413.2M | $463.8M | $534.5M | $377.7M | -- | |
| Current Portion Of Capital Lease Obligations | $22.7M | $24.6M | $24.4M | $29.3M | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $800.9M | $964.3M | $932.2M | $706.1M | $626.6M | |
| Long-Term Debt | $260.1M | $227.3M | $217.4M | $244M | $216.9M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $1.1B | $1.3B | $1.2B | $980.5M | $862.5M | |
| Common Stock | $413.8M | $336.1M | $340.7M | $347.6M | $309.9M | |
| Other Common Equity Adj | $10.6M | $13.1M | $7.8M | $8.2M | -- | |
| Common Equity | $870.5M | $934M | $1B | $1B | $928.9M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $870.5M | $934M | $1B | $1B | $928.9M | |
| Total Liabilities and Equity | $2B | $2.2B | $2.2B | $2B | $1.8B | |
| Cash and Short Terms | $91.4M | $207.3M | $474.2M | $413.8M | $338.9M | |
| Total Debt | $283M | $251.6M | $242M | $273.4M | $245.7M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $90.8M | $209.9M | $391.5M | $412.7M | -- | |
| Short Term Investments | -- | -- | $80.7M | -- | -- | |
| Accounts Receivable, Net | $266.8M | $293.8M | $298M | $316M | -- | |
| Inventory | $477.6M | $558.1M | $532M | $370.3M | -- | |
| Prepaid Expenses | $10.1M | $8.7M | $15.4M | $23.1M | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $1.1B | $1.5B | $1.5B | $1.3B | -- | |
| Property Plant And Equipment | $615.2M | $555.8M | $522M | $568.1M | -- | |
| Long-Term Investments | $117.4M | $87.4M | $51.7M | $42.8M | -- | |
| Goodwill | $61.9M | $55.1M | $55.1M | $62.5M | -- | |
| Other Intangibles | $11.6M | $9.4M | $8.4M | $15.8M | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $1.9B | $2.2B | $2.2B | $2B | -- | |
| Accounts Payable | $130.7M | $114.7M | $121.7M | $125.4M | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | $413.2M | $463.8M | $534.5M | $377.7M | -- | |
| Current Portion Of Capital Lease Obligations | $22.7M | $24.6M | $24.4M | $29.3M | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $795.6M | $976.2M | $928.2M | $704.1M | -- | |
| Long-Term Debt | $107.6M | $97.6M | $96.4M | $103.8M | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $1.1B | $1.2B | $1.2B | $970.1M | -- | |
| Common Stock | $409.5M | $336.3M | $338.7M | $346.5M | -- | |
| Other Common Equity Adj | $10.6M | $13.1M | $7.8M | $8.2M | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $864.8M | $945.6M | $1B | $1B | -- | |
| Total Liabilities and Equity | $1.9B | $2.2B | $2.2B | $2B | -- | |
| Cash and Short Terms | $90.8M | $209.9M | $472.2M | $412.7M | -- | |
| Total Debt | -- | -- | -- | -- | -- | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $104.7M | $270.7M | $166.2M | $40.7M | $25.7M | |
| Depreciation & Amoritzation | $80.5M | $83.5M | $77.8M | $78.7M | $77.4M | |
| Stock-Based Compensation | $1.7M | $3.1M | $2.6M | $2.2M | $1.7M | |
| Change in Accounts Receivable | -$187.9M | -$85M | $3.6M | $8.6M | $57.3M | |
| Change in Inventories | $22.2M | -$56.8M | $123.1M | $922.8K | $386.3K | |
| Cash From Operations | $133.7M | $316.7M | $382.8M | $86.2M | $160.4M | |
| Capital Expenditures | $41M | $57.5M | $44.1M | $36.1M | $46.6M | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$41.4M | -$75M | -$60.7M | $22.2M | -$49.5M | |
| Dividends Paid (Ex Special Dividend) | $25.8M | $54.4M | $80.4M | $79.8M | $68M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $988M | $1.1B | $454.3M | $690.4M | -- | |
| Long-Term Debt Repaid | -$1B | -$1.1B | -$478.1M | -$680.3M | -- | |
| Repurchase of Common Stock | $1.9M | $39.1M | -- | $17.7M | $24.4M | |
| Other Financing Activities | -$46.6M | -$52.1M | -$54.2M | -$58.6M | -- | |
| Cash From Financing | -$90.8M | -$102.3M | -$131.3M | -$116.7M | -$165.7M | |
| Beginning Cash (CF) | $91.4M | $207.3M | $393.2M | $413.8M | $338.9M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $1.4M | $139.3M | $190.8M | -$8.4M | -$54.9M | |
| Ending Cash (CF) | $92.9M | $346.6M | $584M | $405.5M | $284M | |
| Levered Free Cash Flow | $92.6M | $259.2M | $338.7M | $50.1M | $113.8M | |
| 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 | $133.7M | $309.5M | $381.1M | $88.1M | $161.3M | |
| Capital Expenditures | $41M | $57M | $44.1M | $36.2M | $46.9M | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$41.4M | -$74.9M | -$60.6M | $21.2M | -$49.8M | |
| Dividends Paid (Ex Special Dividend) | $25.8M | $54M | $80.4M | $79.7M | $68.5M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $997.8M | $1.1B | $460.9M | $694.8M | -- | |
| Long-Term Debt Repaid | -$1B | -$1.1B | -$483.2M | -$684.6M | -- | |
| Repurchase of Common Stock | $1.9M | $38.4M | -- | $17.9M | $24.5M | |
| Other Financing Activities | -$46.1M | -$50.7M | -$53.9M | -$59.2M | -- | |
| Cash From Financing | -$90.8M | -$92.8M | -$130.9M | -$116.7M | -$166.7M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $1.4M | $141.9M | $189.6M | -$7.4M | -$55.2M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $92.6M | $252.5M | $337M | $51.9M | $114.4M | |
| 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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