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 | $7.6B | $8.2B | $9.4B | $7.9B | $8B | |
| Revenue Growth (YoY) | -6.48% | 8.52% | 13.5% | -15.3% | 1.23% | |
| Cost of Revenues | $4.2B | $6.6B | $7.3B | $6.6B | $6.5B | |
| Gross Profit | $3.4B | $1.6B | $2.1B | $1.3B | $1.5B | |
| Gross Profit Margin | 44.8% | 19.56% | 22.04% | 17% | 18.93% | |
| R&D Expenses | -- | $26M | $23.1M | $22.7M | $33.5M | |
| Selling, General & Admin | -- | $387.7M | $363.6M | $404.3M | $459.7M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $2.4B | $687.9M | $533.9M | $489.7M | $863.2M | |
| Operating Income | $1B | $924.3M | $1.5B | $857.3M | $655.5M | |
| Net Interest Expenses | $114.2M | $95.7M | $145M | $120M | $95.2M | |
| EBT. Incl. Unusual Items | $879.4M | $834.5M | $1.6B | $742.7M | $412.1M | |
| Earnings of Discontinued Ops. | -- | $251.8M | $279.6M | -$708.1M | -- | |
| Income Tax Expense | $191.9M | $179.7M | $316.3M | $174.1M | $125.5M | |
| Net Income to Company | $879.4M | $841.6M | $1.6B | $737.3M | $408.9M | |
| Minority Interest in Earnings | -$22.8M | $20.1M | $76.7M | $20.5M | $47.6M | |
| Net Income to Common Excl Extra Items | $664.7M | $661.9M | $1.3B | $563.3M | $283.4M | |
| Basic EPS (Cont. Ops) | $1.51 | $2.03 | $3.46 | $1.48 | $0.53 | |
| Diluted EPS (Cont. Ops) | $1.51 | $2.03 | $3.46 | $1.48 | $0.53 | |
| Weighted Average Basic Share | $440.8M | $440.9M | $441M | $441M | $444M | |
| Weighted Average Diluted Share | $440.8M | $441.2M | $441.1M | $441M | $444.1M | |
| EBITDA | $1.5B | $1.4B | $1.9B | $1.3B | $1.1B | |
| EBIT | $993.6M | $924.3M | $1.5B | $857.3M | $655.5M | |
| Revenue (Reported) | $7.6B | $8.2B | $9.4B | $7.9B | $8B | |
| Operating Income (Reported) | $1B | $924.3M | $1.5B | $857.3M | $655.5M | |
| Operating Income (Adjusted) | $993.6M | $924.3M | $1.5B | $857.3M | $655.5M | |
| Period Ending | 2015-06-30 | 2016-06-30 | 2017-06-30 | 2018-06-30 | 2019-06-30 | |
|---|---|---|---|---|---|---|
| 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 | $7.8B | $9.2B | $8.6B | $7.8B | $8.2B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $4.5B | $7.2B | $7B | $6.4B | $6.8B | |
| Gross Profit | $3.3B | $2B | $1.7B | $1.4B | $1.5B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | $391M | $377.2M | $415.2M | $466.2M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $2.4B | $693.3M | $446.2M | $674.7M | $862M | |
| Operating Income | $911.1M | $1.3B | $1.2B | $721.2M | $629.9M | |
| Net Interest Expenses | $104.3M | $118.7M | $133.3M | $113.5M | $119.7M | |
| EBT. Incl. Unusual Items | $789.1M | $1.4B | $1.1B | $610.9M | $359.6M | |
| Earnings of Discontinued Ops. | $101.2M | $311.4M | $115.2M | -$704.1M | -- | |
| Income Tax Expense | $166.7M | $257.4M | $251.7M | $146M | $107.7M | |
| Net Income to Company | $789.1M | $1.4B | $1.1B | $598.7M | $359M | |
| Minority Interest in Earnings | -$26.4M | $66.9M | $29.2M | $35.7M | $44.6M | |
| Net Income to Common Excl Extra Items | $697.2M | $1.2B | $835.3M | $459.5M | $250.8M | |
| Basic EPS (Cont. Ops) | $1.58 | $3.22 | $2.20 | $1.10 | $0.47 | |
| Diluted EPS (Cont. Ops) | $1.58 | $3.22 | $2.20 | $1.10 | $0.47 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $1.4B | $1.7B | $1.7B | $1.2B | $1.1B | |
| EBIT | $893.4M | $1.3B | $1.2B | $721.2M | $629.9M | |
| Revenue (Reported) | $7.8B | $9.2B | $8.6B | $7.8B | $8.2B | |
| Operating Income (Reported) | $911.1M | $1.3B | $1.2B | $721.2M | $629.9M | |
| Operating Income (Adjusted) | $893.4M | $1.3B | $1.2B | $721.2M | $629.9M | |
| 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 | $469.8M | $542.4M | $1.1B | $1.8B | $298.2M | |
| Short Term Investments | $13.5M | $4.5M | $4.3M | $15.5M | $10.4M | |
| Accounts Receivable, Net | $1B | $1.3B | $1.3B | $1.1B | $1.1B | |
| Inventory | $1B | $1.2B | $1.5B | $1.2B | $1.2B | |
| Prepaid Expenses | $29.5M | $36.4M | $49.1M | $100.5M | $59M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $2.8B | $3.4B | $5.6B | $4.3B | $2.9B | |
| Property Plant And Equipment | $5.7B | $5.9B | $5B | $5.7B | $5.9B | |
| Long-Term Investments | -- | $56.9M | $45.9M | $39.8M | $35.2M | |
| Goodwill | $1.1B | $1B | $824.7M | $845.6M | $798.1M | |
| Other Intangibles | $86.1M | $86M | $68.6M | $75.2M | $72.8M | |
| Other Long-Term Assets | -- | $1.1M | $8.6M | $5.5M | $3.1M | |
| Total Assets | $10.3B | $10.5B | $11.6B | $11B | $9.7B | |
| Accounts Payable | $675.2M | $935.9M | $938.1M | $699.2M | $672M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $22.1M | $22.6M | $20.4M | $23.2M | $25M | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $1.7B | $2B | $2.3B | $2.1B | $1.5B | |
| Long-Term Debt | $2.3B | $2.4B | $2.1B | $1.6B | $2B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $4.9B | $5B | $4.9B | $4.3B | $4.1B | |
| Common Stock | $119.3M | $110.3M | $103.5M | $107.2M | $100.4M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $4.9B | $5.1B | $6.2B | $6.2B | $5B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $467.4M | $444.6M | $490.9M | $487.2M | $510.5M | |
| Total Equity | $5.4B | $5.6B | $6.7B | $6.7B | $5.5B | |
| Total Liabilities and Equity | $10.3B | $10.5B | $11.6B | $11B | $9.7B | |
| Cash and Short Terms | $483.4M | $542.4M | $1.1B | $1.8B | $298.2M | |
| Total Debt | $2.4B | $2.4B | $2.1B | $2.2B | $2B | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $342.7M | $956.8M | $931.3M | $444.8M | $197M | |
| Short Term Investments | $9.5M | $9.4M | -- | -- | -- | |
| Accounts Receivable, Net | $1.6B | $1.6B | $1.5B | $1.7B | $1.8B | |
| Inventory | $1.2B | $1.2B | $1.3B | $1.2B | $1.5B | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $3.1B | $5.6B | $5B | $3.4B | $3.5B | |
| Property Plant And Equipment | $5.7B | $4.3B | $4.7B | $5.2B | $6.5B | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | $1.1B | $823.1M | $821.6M | $821.1M | $1.1B | |
| Other Intangibles | $91.6M | $70M | $69.6M | $75M | $84.4M | |
| Other Long-Term Assets | -- | $11.5M | $5.4M | $3.2M | $2.3M | |
| Total Assets | $10.7B | $11.3B | $11.2B | $10.1B | $11.8B | |
| Accounts Payable | $1.6B | $1.5B | $1.4B | $1.5B | $1.6B | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $23.8M | $19.8M | $22.8M | $24.7M | $42.2M | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $1.9B | $2.3B | $2.4B | $1.6B | $2.5B | |
| Long-Term Debt | $2.3B | $1.9B | $1.5B | $2B | $2.3B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $5.1B | $4.8B | $4.6B | $4.3B | $5.7B | |
| Common Stock | $115.4M | $101.3M | $105.4M | $104M | $113.7M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $468.9M | $479.5M | $465.1M | $507M | $557M | |
| Total Equity | $5.5B | $6.5B | $6.6B | $5.8B | $6.1B | |
| Total Liabilities and Equity | $10.7B | $11.3B | $11.2B | $10.1B | $11.8B | |
| Cash and Short Terms | $352.2M | $966.2M | $931.3M | $444.8M | $197M | |
| Total Debt | $2.5B | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $879.4M | $841.6M | $1.6B | $737.3M | $408.9M | |
| Depreciation & Amoritzation | $488.8M | $443.2M | $414.1M | $441.1M | $479.2M | |
| Stock-Based Compensation | $9.1M | $10.6M | $11.6M | $9.7M | $9.7M | |
| Change in Accounts Receivable | $9.1M | -$366.4M | -$496.1M | $60.5M | -$151.4M | |
| Change in Inventories | $77.7M | -$274.2M | -$266.9M | $420.6M | -$75.7M | |
| Cash From Operations | $1.5B | $1.3B | $1.5B | $1.5B | $907.5M | |
| Capital Expenditures | $789.1M | $640.6M | $598M | $966.5M | $1.1B | |
| Cash Acquisitions | -- | $78M | -- | $48.7M | $6.5M | |
| Cash From Investing | -$770.9M | -$799M | $27.3M | -$570.8M | -$1B | |
| Dividends Paid (Ex Special Dividend) | -$270.7M | $352.2M | $337.4M | $373M | $1.2B | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $849.7M | $69.8M | $46.4M | $17.3M | $779.3M | |
| Long-Term Debt Repaid | -$824.5M | -$4.7M | -$111.8M | -$35.7M | -$793.4M | |
| Repurchase of Common Stock | -$6.9M | $8.3M | $7.4M | $8.6M | $13M | |
| Other Financing Activities | $71.9M | -$33.1M | -$97M | -$99.6M | -$47.6M | |
| Cash From Financing | -$306.1M | -$357M | -$538.1M | -$522.2M | -$1.3B | |
| Beginning Cash (CF) | -$8M | $537.9M | $1.1B | $1.8B | $287.9M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $428.3M | $126.5M | $973.2M | $228.1M | -$1.4B | |
| Ending Cash (CF) | $397.4M | $663.2M | $2.1B | $1.9B | -$1.2B | |
| Levered Free Cash Flow | $716.1M | $643M | $867.1M | $489.7M | -$167.7M | |
| 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 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $789.1M | $1.4B | $1.1B | $598.7M | $359M | |
| Depreciation & Amoritzation | $473.3M | $429M | $422.3M | $449.8M | $510.3M | |
| Stock-Based Compensation | $8.4M | $11.1M | $11.6M | $10.7M | $10.9M | |
| Change in Accounts Receivable | -$123.5M | -$514.4M | -$58.9M | -$257.5M | -$94.6M | |
| Change in Inventories | -$25.4M | -$344.2M | $105.8M | $199.8M | -$40.3M | |
| Cash From Operations | $1.6B | $1.4B | $1.5B | $1.1B | $967.1M | |
| Capital Expenditures | $715.3M | $573.5M | $697.4M | $1.1B | $1B | |
| Cash Acquisitions | -$77.1M | $680.5K | $47.5M | $6.8M | $542.8M | |
| Cash From Investing | -$814.2M | $64.6M | -$750.8M | -$613.4M | -$1.5B | |
| Dividends Paid (Ex Special Dividend) | -$242.2M | $341.8M | $359.1M | $1.2B | $333.7M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $75.9M | $56.1M | $5.2M | $773.1M | $881M | |
| Long-Term Debt Repaid | -$741.6M | -$104.7M | -$47.2M | -$782.8M | -$101.6M | |
| Repurchase of Common Stock | -$6M | $6.5M | $7.5M | $9.7M | $16.3M | |
| Other Financing Activities | $8.1M | -$90.1M | -$73.1M | -$64.6M | -$42.6M | |
| Cash From Financing | -$1.2B | -$532.8M | -$507.4M | -$1.3B | $291.4M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$440.2M | $1B | $50.2M | -$839.7M | -$275.8M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $839.6M | $799.3M | $796.7M | $51.1M | -$60.2M | |
| 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 | -- | -- | -- | $1.7M | -- | |
| 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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