Is JetBlue The Best Airline Stock?
Following a general trend of improvement among airline stocks, shares…
| Period Ending | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 | |
|---|---|---|---|---|---|---|
| Revenue | $1.8B | $1.5B | $1.4B | $1.4B | $1.4B | |
| Revenue Growth (YoY) | 5.19% | -15.65% | -3.96% | -2.86% | 3.67% | |
| Cost of Revenues | $1.3B | $1.1B | $1B | $1B | $996.8M | |
| Gross Profit | $482.9M | $411.7M | $381.9M | $375.5M | $431.5M | |
| Gross Profit Margin | 27.58% | 27.88% | 26.93% | 27.25% | 30.21% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $347.5M | $307.7M | $295.4M | $278.2M | $314.6M | |
| Operating Income | $135.4M | $104.1M | $86.5M | $97.3M | $116.9M | |
| Net Interest Expenses | $942.8K | $801.1K | $912.1K | $1.1M | $1.8M | |
| EBT. Incl. Unusual Items | $136.3M | $106.6M | $86.9M | $99.7M | $115.6M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $45.8M | $35.5M | $33.5M | $35M | $37M | |
| Net Income to Company | $136.3M | $106.6M | $86.9M | $99.7M | $115.6M | |
| Minority Interest in Earnings | $8.2M | $5.6M | $5.2M | $4.8M | $5.1M | |
| Net Income to Common Excl Extra Items | $90.5M | $71.1M | $53.4M | $64.7M | $78.6M | |
| Basic EPS (Cont. Ops) | $2.18 | $1.76 | $1.33 | $1.69 | $2.10 | |
| Diluted EPS (Cont. Ops) | $2.18 | $1.76 | $1.33 | $1.69 | $2.10 | |
| Weighted Average Basic Share | $37.8M | $37.1M | $36.3M | $35.5M | $34.9M | |
| Weighted Average Diluted Share | $37.8M | $37.1M | $36.3M | $35.5M | $34.9M | |
| EBITDA | $428.5M | $359.5M | $337.1M | $338.4M | $351.5M | |
| EBIT | $135.4M | $104.1M | $86.5M | $97.3M | $116.9M | |
| Revenue (Reported) | $1.8B | $1.5B | $1.4B | $1.4B | $1.4B | |
| Operating Income (Reported) | $135.4M | $104.1M | $86.5M | $97.3M | $116.9M | |
| Operating Income (Adjusted) | $135.4M | $104.1M | $86.5M | $97.3M | $116.9M | |
| Period Ending | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 | |
|---|---|---|---|---|---|---|
| Revenue | $432M | $347.3M | $355.1M | $377.8M | $365.6M | |
| Revenue Growth (YoY) | -1% | -19.62% | 2.26% | 6.37% | -3.22% | |
| Cost of Revenues | $306.2M | $242.5M | $249.8M | $262.3M | $247.6M | |
| Gross Profit | $125.8M | $104.8M | $105.3M | $115.5M | $118.1M | |
| Gross Profit Margin | 29.12% | 30.18% | 29.65% | 30.56% | 32.29% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $92M | $76.1M | $76.8M | $77.6M | $80.3M | |
| Operating Income | $33.8M | $28.7M | $28.5M | $37.8M | $37.8M | |
| Net Interest Expenses | $225.2K | $190.6K | $257.9K | $375.3K | $543.7K | |
| EBT. Incl. Unusual Items | $30.4M | $27.5M | $29.3M | $38.9M | $36.9M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $9.6M | $8.8M | $10.8M | $12.9M | $10.2M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | $2.1M | $1.6M | $1.5M | $1.5M | $1.7M | |
| Net Income to Common Excl Extra Items | $20.8M | $18.7M | $18.5M | $26M | $26.8M | |
| Basic EPS (Cont. Ops) | $0.50 | $0.46 | $0.47 | $0.69 | $0.72 | |
| Diluted EPS (Cont. Ops) | $0.50 | $0.46 | $0.47 | $0.69 | $0.72 | |
| Weighted Average Basic Share | $37.8M | $36.9M | $36.1M | $35.4M | -- | |
| Weighted Average Diluted Share | $37.8M | $36.9M | $36.1M | $35.4M | -- | |
| EBITDA | $106M | $87.1M | $89.3M | $99.5M | $96.6M | |
| EBIT | $33.8M | $28.7M | $28.5M | $37.8M | $37.8M | |
| Revenue (Reported) | $432M | $347.3M | $355.1M | $377.8M | $365.6M | |
| Operating Income (Reported) | $33.8M | $28.7M | $28.5M | $37.8M | $37.8M | |
| Operating Income (Adjusted) | $33.8M | $28.7M | $28.5M | $37.8M | $37.8M | |
| Period Ending | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 | |
|---|---|---|---|---|---|---|
| Revenue | $1.8B | $1.5B | $1.4B | $1.4B | $1.4B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $1.2B | $1.1B | $1B | $982.7M | $997.3M | |
| Gross Profit | $507.3M | $436.5M | $403.8M | $396.9M | $431.4M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $372.4M | $331.8M | $318.4M | $299.5M | $315.4M | |
| Operating Income | $135M | $104.8M | $85.4M | $97.4M | $116M | |
| Net Interest Expenses | $943.5K | $804.7K | $910.1K | $1.1M | $1.8M | |
| EBT. Incl. Unusual Items | $136M | $107.8M | $86.4M | $100.3M | $115.3M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $45.2M | $35.9M | $33.3M | $35.2M | $36.9M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | $8.2M | $5.7M | $5.2M | $4.9M | $5.1M | |
| Net Income to Common Excl Extra Items | $90.8M | $71.9M | $53.1M | $65.1M | $78.4M | |
| Basic EPS (Cont. Ops) | $2.18 | $1.78 | $1.32 | $1.70 | $2.10 | |
| Diluted EPS (Cont. Ops) | $2.18 | $1.78 | $1.32 | $1.70 | $2.10 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $429.5M | $361.9M | $336.4M | $338.8M | $350.7M | |
| EBIT | $135M | $104.8M | $85.4M | $97.4M | $116M | |
| Revenue (Reported) | $1.8B | $1.5B | $1.4B | $1.4B | $1.4B | |
| Operating Income (Reported) | $135M | $104.8M | $85.4M | $97.4M | $116M | |
| Operating Income (Adjusted) | $135M | $104.8M | $85.4M | $97.4M | $116M | |
| Period Ending | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 | 2026-10-31 | |
|---|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.4B | $1.4B | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $1.1B | $1B | $982.7M | $997.3M | -- | |
| Gross Profit | $436.5M | $403.8M | $396.9M | $431.4M | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $331.8M | $318.4M | $299.5M | $315.4M | -- | |
| Operating Income | $104.8M | $85.4M | $97.4M | $116M | -- | |
| Net Interest Expenses | $804.7K | $910.1K | $1.1M | $1.8M | -- | |
| EBT. Incl. Unusual Items | $107.8M | $86.4M | $100.3M | $115.3M | -- | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $35.9M | $33.3M | $35.2M | $36.9M | -- | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | $5.7M | $5.2M | $4.9M | $5.1M | -- | |
| Net Income to Common Excl Extra Items | $71.9M | $53.1M | $65.1M | $78.4M | -- | |
| Basic EPS (Cont. Ops) | $1.78 | $1.32 | $1.70 | $2.10 | -- | |
| Diluted EPS (Cont. Ops) | $1.78 | $1.32 | $1.70 | $2.10 | -- | |
| Weighted Average Basic Share | $148.6M | $145M | $142.2M | $104.9M | -- | |
| Weighted Average Diluted Share | $148.6M | $145M | $142.2M | $104.9M | -- | |
| EBITDA | $361.9M | $336.4M | $338.8M | $350.7M | -- | |
| EBIT | $104.8M | $85.4M | $97.4M | $116M | -- | |
| Revenue (Reported) | $1.5B | $1.4B | $1.4B | $1.4B | -- | |
| Operating Income (Reported) | $104.8M | $85.4M | $97.4M | $116M | -- | |
| Operating Income (Adjusted) | $104.8M | $85.4M | $97.4M | $116M | -- | |
| Period Ending | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $491.9M | $320M | $301.2M | $335.5M | $396.7M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $344.7M | $260.2M | $275.3M | $283.7M | -- | |
| Inventory | $185.7M | $136M | $125.3M | $120.5M | $103M | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | $89.2M | $80.1M | $98.3M | $89.6M | -- | |
| Total Current Assets | $1.1B | $794.3M | $794.3M | $831.6M | $849.3M | |
| Property Plant And Equipment | $1.4B | $1.1B | $1.1B | $1.1B | $1.1B | |
| Long-Term Investments | $81.1M | $65.3M | $70.2M | $75.2M | $89.1M | |
| Goodwill | $36.1M | $25.8M | $21.2M | $16.7M | -- | |
| Other Intangibles | $24.5M | $19.7M | $17.5M | $14.8M | -- | |
| Other Long-Term Assets | $13.7M | $10.3M | $13.6M | $15.2M | -- | |
| Total Assets | $2.7B | $2.1B | $2.1B | $2.1B | $2.1B | |
| Accounts Payable | $325.2M | $228.1M | $242M | $220.1M | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $11.1M | $9.8M | $11M | $11.1M | -- | |
| Other Current Liabilities | $53.2M | $27.2M | $26.8M | $31.8M | -- | |
| Total Current Liabilities | $765M | $554.8M | $578.6M | $609.3M | $551.5M | |
| Long-Term Debt | $677.9M | $520.2M | $523.4M | $494.8M | $264.3M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $1.5B | $1.1B | $1.1B | $1.1B | $1.1B | |
| Common Stock | $156.4M | $120M | $117.7M | $117M | $115.7M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $1.1B | $887.8M | $888.1M | $919.1M | $955.7M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $69.8M | $58.2M | $60.6M | $63.7M | $66.4M | |
| Total Equity | $1.2B | $946M | $948.7M | $982.9M | $1B | |
| Total Liabilities and Equity | $2.7B | $2.1B | $2.1B | $2.1B | $2.1B | |
| Cash and Short Terms | $491.9M | $320M | $301.2M | $335.5M | $396.7M | |
| Total Debt | $1B | $769.1M | $774.1M | $783.6M | $388.1M | |
| Period Ending | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $491.9M | $320M | $301.2M | $335.5M | $396.7M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $344.7M | $260.2M | $275.3M | -- | -- | |
| Inventory | $185.7M | $136M | $125.3M | $120.5M | $103M | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | $89.2M | $80.1M | $98.3M | -- | -- | |
| Total Current Assets | $1.1B | $794.3M | $794.3M | $831.6M | $849.3M | |
| Property Plant And Equipment | $1.4B | $1.1B | $1.1B | $1.1B | $1.1B | |
| Long-Term Investments | $81.1M | $65.3M | $70.2M | $75.2M | $89.1M | |
| Goodwill | $36.1M | $25.8M | $21.2M | -- | -- | |
| Other Intangibles | $24.5M | $19.7M | $17.5M | -- | -- | |
| Other Long-Term Assets | $13.7M | $10.3M | $13.6M | -- | -- | |
| Total Assets | $2.7B | $2.1B | $2.1B | $2.1B | $2.1B | |
| Accounts Payable | $325.2M | $228.1M | $242M | -- | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $11.1M | $9.8M | $11M | -- | -- | |
| Other Current Liabilities | $53.2M | $27.2M | $26.8M | -- | -- | |
| Total Current Liabilities | $765M | $554.8M | $578.6M | $609.3M | $551.5M | |
| Long-Term Debt | $677.9M | $520.2M | $523.4M | $494.8M | $264.3M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $1.5B | $1.1B | $1.1B | $1.1B | $1.1B | |
| Common Stock | $156.4M | $120M | $117.7M | $117M | $115.7M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $69.8M | $58.2M | $60.6M | $63.7M | $66.4M | |
| Total Equity | $1.2B | $946M | $948.7M | $982.9M | $1B | |
| Total Liabilities and Equity | $2.7B | $2.1B | $2.1B | $2.1B | $2.1B | |
| Cash and Short Terms | $491.9M | $320M | $301.2M | $335.5M | $396.7M | |
| Total Debt | $1B | $769.1M | $774.1M | $783.6M | $388.1M | |
| Period Ending | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $136.3M | $106.6M | $86.9M | $99.7M | $115.6M | |
| Depreciation & Amoritzation | $293.1M | $255.5M | $250.6M | $241.2M | $234.7M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | $11.5M | $4.1M | -$39.2M | -$9.9M | $22.5M | |
| Change in Inventories | -$4.7M | -$117.8K | $1.6M | -$1.9M | $2.8M | |
| Cash From Operations | $363.7M | $260.4M | $272.6M | $277.2M | $317.6M | |
| Capital Expenditures | $37.8M | $41.3M | $40.1M | $19.2M | $28.2M | |
| Cash Acquisitions | $73.9K | $6.4M | $5.3M | -- | $3.2M | |
| Cash From Investing | -$31.2M | -$89M | -$48.1M | -$18.1M | -$31.7M | |
| Dividends Paid (Ex Special Dividend) | $22.7M | $23.5M | $19.7M | $17.8M | $21.2M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $138.6M | $126M | $102.2M | $108.6M | -- | |
| Long-Term Debt Repaid | -$133.8M | -$116.6M | -$111.6M | -$110.7M | -- | |
| Repurchase of Common Stock | -- | $15.7M | $14.4M | $13.3M | $13.4M | |
| Other Financing Activities | -$234.4M | -$203.6M | -$189.1M | -$178.8M | -- | |
| Cash From Financing | -$266.2M | -$242.6M | -$244.2M | -$222.9M | -$218.7M | |
| Beginning Cash (CF) | $487.2M | $316.5M | $297.8M | $332.1M | $396.7M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $67.2M | -$69M | -$19.3M | $36.5M | $67M | |
| Ending Cash (CF) | $555.3M | $249.7M | $278.8M | $369M | $463.5M | |
| Levered Free Cash Flow | $325.9M | $219.1M | $232.5M | $258M | $289.4M | |
| Period Ending | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 | |
|---|---|---|---|---|---|---|
| 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) | $487.2M | $316.5M | $297.8M | $332.1M | $396.7M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | -- | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -- | -- | -- | |
| Period Ending | 2008-07-31 | 2009-07-31 | 2010-07-31 | 2011-07-31 | 2012-07-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $28.2M | -$10.9M | $24.8M | $3.1M | -- | |
| Depreciation & Amoritzation | $52.5M | $54.8M | $81.5M | $106.9M | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | $866.9K | $18.1M | $6.2M | -$22.9M | -- | |
| Change in Inventories | -$709.1K | $2.3M | -$283.2K | $491.6K | -- | |
| Cash From Operations | $40.4M | $43M | $96.8M | $88.1M | -- | |
| Capital Expenditures | $39.2M | $59.3M | $1.4M | $4.9M | $4.6M | |
| Cash Acquisitions | $7.5M | $1.4M | -$434K | $774.2K | -$525.6K | |
| Cash From Investing | -$45.7M | -$65.1M | $420.4K | -$10.8M | -- | |
| Dividends Paid (Ex Special Dividend) | $6.4M | $6.6M | $7.3M | $8M | -$344.9K | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | $32.8M | $30.6M | -- | |
| Long-Term Debt Repaid | -- | -- | -$124.7M | -$131.4M | -- | |
| Repurchase of Common Stock | $38.4K | $24K | $9.7K | $14.1K | -- | |
| Other Financing Activities | -- | -- | -$51.6M | -$59.3M | -- | |
| Cash From Financing | -$2.3M | -$3.4M | -$65M | -$61.5M | -- | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$7.6M | -$25.4M | $32.2M | $15.4M | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $1.2M | -$16.3M | $95.4M | $83.2M | -- | |
| Period Ending | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 | 2026-10-31 | |
|---|---|---|---|---|---|---|
| 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 | -- | -- | -- | $32.6K | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | -- | -- | -- | |
| Beginning Cash (CF) | $1.6B | $1.4B | $1.4B | $1.6B | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | -- | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -- | -- | -- | |
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