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 | $3B | $4.3B | $3.3B | $4.3B | $4.5B | |
| Revenue Growth (YoY) | 0.73% | 40.26% | -23.52% | 33.57% | 3.05% | |
| Cost of Revenues | $2.1B | $2.2B | $2.2B | $3.5B | $3.1B | |
| Gross Profit | $913.6M | $2.1B | $1B | $850.6M | $1.4B | |
| Gross Profit Margin | 30.12% | 48.34% | 31.16% | 19.57% | 31.73% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $122M | $127.9M | $135.3M | $140.3M | $148.8M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $395.4M | $282.6M | $253.4M | $283M | $306.6M | |
| Operating Income | $518.2M | $1.8B | $760.6M | $567.6M | $1.1B | |
| Net Interest Expenses | $399.5M | $319.3M | $286.4M | $343.5M | $368.8M | |
| EBT. Incl. Unusual Items | $52.4M | $1.5B | $460.5M | $189.6M | $621.4M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $46.8M | $583.3M | $217M | $67.5M | $255.4M | |
| Net Income to Company | -- | $920.5M | $243.5M | $122.1M | $366M | |
| Minority Interest in Earnings | -$70.3M | $253.4M | $71.1M | $113.1M | $204.1M | |
| Net Income to Common Excl Extra Items | -$64.7M | $920.5M | $243.5M | $122.1M | $366M | |
| Basic EPS (Cont. Ops) | -$0.01 | $0.07 | $0.02 | $0.00 | $0.02 | |
| Diluted EPS (Cont. Ops) | -$0.01 | $0.07 | $0.02 | $0.00 | $0.02 | |
| Weighted Average Basic Share | $8.1B | $8.9B | $9.2B | $9.2B | $10.6B | |
| Weighted Average Diluted Share | $8.1B | $9B | $9.2B | $9.2B | $10.7B | |
| EBITDA | $438M | $2.7B | $1.6B | $1.5B | $2.1B | |
| EBIT | $438M | $1.8B | $760.6M | $567.6M | $1.1B | |
| Revenue (Reported) | $3B | $4.3B | $3.3B | $4.3B | $4.5B | |
| Operating Income (Reported) | $518.2M | $1.8B | $760.6M | $567.6M | $1.1B | |
| Operating Income (Adjusted) | $438M | $1.8B | $760.6M | $567.6M | $1.1B | |
| 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 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Revenue | $4.3B | $3.2B | $3.7B | $4.4B | $5.4B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $2.3B | $2B | $2.8B | $3.3B | $3.2B | |
| Gross Profit | $2B | $1.3B | $929.6M | $1B | $2.2B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $128M | $126.3M | $136.5M | $146M | $155.9M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $443.5M | $254.1M | $262.4M | $294.6M | $340.1M | |
| Operating Income | $1.6B | $1B | $667.2M | $741.3M | $1.8B | |
| Net Interest Expenses | $348.3M | $284M | $316.4M | $350M | $327.5M | |
| EBT. Incl. Unusual Items | $1.2B | $791.9M | $306.6M | $323.1M | $1.4B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $399.2M | $365.6M | $177.8M | $96.6M | $544.8M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -$278.9M | $79.8M | $94.7M | $137.6M | $372M | |
| Net Income to Common Excl Extra Items | $493.4M | $426.3M | $128.8M | $226.5M | $852.8M | |
| Basic EPS (Cont. Ops) | $0.06 | $0.04 | $0.00 | $0.01 | $0.04 | |
| Diluted EPS (Cont. Ops) | $0.06 | $0.04 | $0.00 | $0.01 | $0.04 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $1.5B | $1.8B | $1.6B | $1.7B | $2.9B | |
| EBIT | $1.5B | $1B | $667.2M | $741.3M | $1.8B | |
| Revenue (Reported) | $4.3B | $3.2B | $3.7B | $4.4B | $5.4B | |
| Operating Income (Reported) | $1.6B | $1B | $667.2M | $741.3M | $1.8B | |
| Operating Income (Adjusted) | $1.5B | $1B | $667.2M | $741.3M | $1.8B | |
| 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 | $192.7M | $1.3B | $372.2M | $447M | $203.7M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $369.2M | $63.9M | $212.7M | $354.8M | $443.7M | |
| Inventory | $416.5M | $602.9M | $872.6M | $389.5M | $529.4M | |
| Prepaid Expenses | $19.4M | $28.3M | $20M | $32.9M | $71.3M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $1.2B | $2.2B | $1.7B | $1.4B | $1.5B | |
| Property Plant And Equipment | $10.2B | $3.8B | $9.6B | $9.5B | $11.8B | |
| Long-Term Investments | -- | $195M | $282.9M | $150.9M | $126.5M | |
| Goodwill | $528.5M | $528.5M | $528.5M | $528.5M | -- | |
| Other Intangibles | $18M | $8.8M | $5.7M | $5.5M | -- | |
| Other Long-Term Assets | $76.2M | $80M | $122.2M | $115M | -- | |
| Total Assets | $12.3B | $13B | $12.5B | $11.9B | $15B | |
| Accounts Payable | $269.1M | $249.8M | $272.3M | $322.5M | $387.2M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $20.2M | $18.6M | $21.3M | $22M | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $1.5B | $1.6B | $2B | $2.2B | $2B | |
| Long-Term Debt | $6.3B | $5.8B | $4.3B | $3.5B | $3.9B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $9.6B | $9.1B | $8.3B | $7.6B | $8.7B | |
| Common Stock | $2.9B | $3.2B | $3.2B | $3.2B | $4.4B | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $936.4M | $1.9B | $2.1B | $2.1B | $3.4B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $1.7B | $2B | $2.1B | $2.2B | $2.9B | |
| Total Equity | $2.7B | $3.9B | $4.2B | $4.3B | $6.3B | |
| Total Liabilities and Equity | $12.3B | $13B | $12.5B | $11.9B | $15B | |
| Cash and Short Terms | $192.7M | $1.3B | $372.2M | $447M | $203.7M | |
| Total Debt | $7.2B | $5.8B | $4.3B | $3.5B | $3.9B | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $804.5M | $497.1M | $523.7M | -- | -- | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $508.1M | $371.9M | $538.5M | -- | -- | |
| Inventory | $363.4M | $694.4M | $723.8M | -- | -- | |
| Prepaid Expenses | $25M | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $1.9B | $1.7B | $2.1B | -- | -- | |
| Property Plant And Equipment | $10B | $9.7B | $9.5B | -- | -- | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | $79.3M | $77M | $127.6M | -- | -- | |
| Total Assets | $12.8B | $12.5B | $12.7B | -- | -- | |
| Accounts Payable | $477.9M | $499.5M | $657.5M | -- | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $18.8M | $16.1M | $23M | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $1.4B | $1.7B | $2.4B | -- | -- | |
| Long-Term Debt | $6B | $4.8B | $4B | -- | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $9.3B | $8.4B | $8.5B | -- | -- | |
| Common Stock | $3.2B | $3.2B | $3.2B | -- | -- | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $1.9B | $2B | $2.1B | -- | -- | |
| Total Equity | $3.6B | $4.1B | $4.2B | -- | -- | |
| Total Liabilities and Equity | $12.8B | $12.5B | $12.7B | -- | -- | |
| Cash and Short Terms | $804.5M | $497.1M | $523.7M | -- | -- | |
| Total Debt | $6.6B | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | $920.5M | $243.5M | $122.1M | $366M | |
| Depreciation & Amoritzation | -- | $898M | $790.1M | $953.1M | $1B | |
| Stock-Based Compensation | -- | $1M | $1.1M | -$1.5M | $3.1M | |
| Change in Accounts Receivable | -- | $400K | -$142.7M | -$126.2M | -$166.9M | |
| Change in Inventories | -- | -$190.3M | -$311.9M | $490.3M | -$191.7M | |
| Cash From Operations | -- | $2.3B | $569.3M | $1.5B | $1.2B | |
| Capital Expenditures | $516.6M | $573.8M | $566.2M | $791.2M | $927.5M | |
| Cash Acquisitions | -- | -- | -- | -- | $2B | |
| Cash From Investing | -$515.8M | -$573.7M | -$538.7M | -$790M | -$2.5B | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $1.2B | $270M | $700M | $2.8B | -- | |
| Long-Term Debt Repaid | -$1.6B | -$1.2B | -$1.6B | -$3.5B | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -$16M | -$13.6M | $23.8M | $139.5M | -- | |
| Cash From Financing | -$867.2M | -$638.9M | -$913.7M | -$627.5M | $985.4M | |
| Beginning Cash (CF) | $217.5M | $1.3B | $372.2M | $447M | $192.7M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$24.8M | $1.1B | -$883.1M | $74.8M | -$254.3M | |
| Ending Cash (CF) | $192.7M | $2.3B | -$510.9M | $521.8M | -$61.6M | |
| Levered Free Cash Flow | -- | $1.7B | $3.1M | $701.1M | $320.1M | |
| 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 | -- | $1.1B | $791.3M | $1.5B | $2.1B | |
| Capital Expenditures | $539.2M | $501.8M | $663.4M | $910.5M | $929.6M | |
| Cash Acquisitions | -- | -- | -- | $2B | -- | |
| Cash From Investing | -$538.4M | -$501.7M | -$635.9M | -$2.5B | -$592M | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $891.6M | $250M | $1.3B | -- | -- | |
| Long-Term Debt Repaid | -$1.9B | -$1.1B | -$1.4B | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -$16.3M | -$9.4M | $60M | -- | -- | |
| Cash From Financing | -$1B | -$930.4M | -$129.6M | $1.1B | -$1.4B | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $733.6M | -$305.6M | $25.7M | $96.9M | $86.3M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | $624.7M | $127.8M | $595.6M | $1.1B | |
| 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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