Is JetBlue The Best Airline Stock?
Following a general trend of improvement among airline stocks, shares…
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Revenue | $2.1B | $2.8B | $2.8B | $3.2B | $4.2B | |
| Revenue Growth (YoY) | 55.79% | 34.05% | 0.67% | 16.05% | 28.83% | |
| Cost of Revenues | $1.6B | $2.4B | $2.4B | $2.5B | $2.7B | |
| Gross Profit | $421M | $384.3M | $388.7M | $761M | $1.4B | |
| Gross Profit Margin | 20.45% | 13.92% | 13.99% | 23.6% | 34.83% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $73.6M | $83.2M | $86.1M | $90.3M | $97.6M | |
| Other Inc / (Exp) | $928M | $205.9M | $10M | -$786.7K | -- | |
| Operating Expenses | $67.4M | $79.7M | -$209.7M | $85.8M | $92.3M | |
| Operating Income | $353.6M | $304.6M | $598.4M | $675.1M | $1.4B | |
| Net Interest Expenses | $18.1M | $11.3M | $29M | $57.3M | $65.2M | |
| EBT. Incl. Unusual Items | $1.2B | $465.6M | $568.3M | $607.7M | $1.3B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $411.3M | $137.7M | $174.6M | $189.3M | $396.7M | |
| Net Income to Company | $770.2M | $327.9M | $393.6M | $418.4M | $867.6M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $770.2M | $327.9M | $393.6M | $418.4M | $867.6M | |
| Basic EPS (Cont. Ops) | $0.86 | $0.28 | $0.34 | $0.36 | $0.73 | |
| Diluted EPS (Cont. Ops) | $0.85 | $0.28 | $0.34 | $0.36 | $0.72 | |
| Weighted Average Basic Share | $900.5M | $1.2B | $1.2B | $1.1B | $1.2B | |
| Weighted Average Diluted Share | $903.6M | $1.2B | $1.2B | $1.2B | $1.2B | |
| EBITDA | $849M | $1.1B | $1.3B | $1.4B | $2.3B | |
| EBIT | $353.6M | $304.6M | $598.4M | $675.1M | $1.4B | |
| Revenue (Reported) | $2.1B | $2.8B | $2.8B | $3.2B | $4.2B | |
| Operating Income (Reported) | $353.6M | $304.6M | $598.4M | $675.1M | $1.4B | |
| Operating Income (Adjusted) | $353.6M | $304.6M | $598.4M | $675.1M | $1.4B | |
| 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 | $2.1B | $2.8B | $2.8B | $3.2B | $4.1B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $1.7B | $2.4B | $2.4B | $2.5B | $2.7B | |
| Gross Profit | $419.3M | $384.1M | $389.6M | $762.2M | $1.4B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $74.1M | $83.2M | $86.1M | $90.3M | $97.8M | |
| Other Inc / (Exp) | $957M | $206.3M | $9.7M | -$803.8K | -- | |
| Operating Expenses | $68M | $79.7M | -$210.9M | $85.9M | $92.5M | |
| Operating Income | $351.3M | $304.4M | $600.5M | $676.3M | $1.3B | |
| Net Interest Expenses | $18.2M | $11.3M | $29M | $57.3M | $65.1M | |
| EBT. Incl. Unusual Items | $1.2B | $466.8M | $570.3M | $608.7M | $1.3B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $421.2M | $138.3M | $175.2M | $189.6M | $394.6M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $787.5M | $328.5M | $395.1M | $419.1M | $863.4M | |
| Basic EPS (Cont. Ops) | $0.87 | $0.28 | $0.34 | $0.37 | $0.73 | |
| Diluted EPS (Cont. Ops) | $0.87 | $0.28 | $0.34 | $0.36 | $0.72 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $854.7M | $1.1B | $1.3B | $1.4B | $2.3B | |
| EBIT | $351.3M | $304.4M | $600.5M | $676.3M | $1.3B | |
| Revenue (Reported) | $2.1B | $2.8B | $2.8B | $3.2B | $4.1B | |
| Operating Income (Reported) | $351.3M | $304.4M | $600.5M | $676.3M | $1.3B | |
| Operating Income (Adjusted) | $351.3M | $304.4M | $600.5M | $676.3M | $1.3B | |
| 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 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $579.5M | $392.7M | $754.4M | $747.7M | $1.1B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $19M | $40M | $77.5M | $86.4M | $148.8M | |
| Inventory | $438.4M | $467.1M | $475.9M | $418.9M | $411.4M | |
| Prepaid Expenses | $41M | $30.3M | $32.7M | $55.3M | $159.5M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $1.4B | $982.9M | $1.4B | $1.3B | $1.9B | |
| Property Plant And Equipment | $6.3B | $5.9B | $5.7B | $6B | $6.9B | |
| Long-Term Investments | $17.8M | $130.1M | $133.3M | $123.7M | $15.1M | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | $4.2M | $57.6M | $51.2M | $47.4M | -- | |
| Other Long-Term Assets | $304.4M | $182.3M | $441.6M | $628M | -- | |
| Total Assets | $8.7B | $7.9B | $8.5B | $9B | $13.8B | |
| Accounts Payable | $28.4M | $31.3M | $26.6M | $42.2M | $52.7M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | $27.3M | $48.4M | $52.2M | $59.8M | -- | |
| Current Portion Of Capital Lease Obligations | $37.6M | $34.6M | $39.8M | $42M | -- | |
| Other Current Liabilities | $49.1M | -- | -- | -- | -- | |
| Total Current Liabilities | $579.3M | $533.8M | $416.8M | $523.6M | $1.1B | |
| Long-Term Debt | $601.8M | $268.8M | $787.5M | $796M | $958.4M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $2.7B | $2.2B | $2.8B | $3.1B | $4B | |
| Common Stock | $4.8B | $4.4B | $4.2B | $4.2B | $7.6B | |
| Other Common Equity Adj | $22.9M | $19.2M | $28.3M | $44.8M | -- | |
| Common Equity | $6B | $5.7B | $5.6B | $5.9B | $9.8B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $6B | $5.7B | $5.6B | $5.9B | $9.8B | |
| Total Liabilities and Equity | $8.7B | $7.9B | $8.5B | $9B | $13.8B | |
| Cash and Short Terms | $579.5M | $392.7M | $754.4M | $747.7M | $1.1B | |
| Total Debt | $666.7M | $351.7M | $880.1M | $897.8M | $1.1B | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $580M | $392.9M | $750.2M | $748.3M | -- | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $19M | $40M | $77M | $86.5M | -- | |
| Inventory | $438.7M | $467.2M | $473.2M | $419.2M | -- | |
| Prepaid Expenses | $41M | $30.3M | $32.5M | $55.3M | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $1.4B | $983.2M | $1.4B | $1.3B | -- | |
| Property Plant And Equipment | $6.7B | $6.3B | $6.2B | $6.6B | -- | |
| Long-Term Investments | $17.4M | $126.8M | $126.1M | $122.1M | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | $4.2M | $57.6M | $51.2M | $47.4M | -- | |
| Other Long-Term Assets | $304.4M | $182.3M | $441.6M | $628M | -- | |
| Total Assets | $8.5B | $7.7B | $8.2B | $8.7B | -- | |
| Accounts Payable | $28.4M | $31.3M | $26.4M | $42.2M | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | $27.3M | $48.4M | $52.2M | $59.8M | -- | |
| Current Portion Of Capital Lease Obligations | $37.6M | $34.6M | $39.8M | $42M | -- | |
| Other Current Liabilities | $49.1M | -- | -- | -- | -- | |
| Total Current Liabilities | $579.7M | $534M | $414.4M | $524M | -- | |
| Long-Term Debt | $533.3M | $204.9M | $725.9M | $731.9M | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $2.5B | $2B | $2.5B | $2.9B | -- | |
| Common Stock | $4.8B | $4.4B | $4.2B | $4.2B | -- | |
| Other Common Equity Adj | $22.9M | $19.2M | $28.3M | $44.8M | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $6B | $5.7B | $5.6B | $5.9B | -- | |
| Total Liabilities and Equity | $8.5B | $7.7B | $8.2B | $8.7B | -- | |
| Cash and Short Terms | $580M | $392.9M | $750.2M | $748.3M | -- | |
| Total Debt | -- | -- | -- | -- | -- | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $770.2M | $327.9M | $393.6M | $418.4M | $867.6M | |
| Depreciation & Amoritzation | $492.3M | $813.2M | $726.8M | $759.5M | $904.4M | |
| Stock-Based Compensation | $9.7M | $8.3M | $13.5M | $21.4M | $17.9M | |
| Change in Accounts Receivable | $27.9M | -$21.4M | -$56M | -$26M | -$88.3M | |
| Change in Inventories | $94.6M | $36.8M | $672.6K | -$98.5M | -$243.2M | |
| Cash From Operations | $803.2M | $1.2B | $909.1M | $1.4B | $1.9B | |
| Capital Expenditures | $517M | $769.1M | $712.5M | $943.6M | $1.5B | |
| Cash Acquisitions | $8.9M | $81.9M | $1.3M | $42.3M | $7.3M | |
| Cash From Investing | -$191.8M | -$662.2M | -$701.3M | -$983.7M | -$991.2M | |
| Dividends Paid (Ex Special Dividend) | $231.6M | $158.3M | $171.7M | $218.7M | $362M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $491.2M | $217.5M | $795.1M | -$6.2M | -- | |
| Long-Term Debt Repaid | -$733.8M | -$624.7M | -$269.1M | -- | -- | |
| Repurchase of Common Stock | $1.6M | -- | $85.5M | $27.6M | $84.8M | |
| Other Financing Activities | -$120.8M | -$185.9M | -$199.3M | -$248.2M | -- | |
| Cash From Financing | -$536M | -$672.5M | $165.3M | -$378.5M | -$625.4M | |
| Beginning Cash (CF) | $579.5M | $392.7M | $754.4M | $747.7M | $1B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $73M | -$145.6M | $378.2M | -$9M | $301.5M | |
| Ending Cash (CF) | $650M | $253.4M | $1.1B | $735.3M | $1.3B | |
| Levered Free Cash Flow | $286.2M | $413.7M | $196.6M | $413.1M | $432.7M | |
| 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 | -- | -- | -- | -- | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $809.9M | $1.2B | $910.3M | $1.4B | $1.9B | |
| Capital Expenditures | $523.9M | $762.3M | $712.4M | $943.9M | $1.4B | |
| Cash Acquisitions | $8.6M | $81.2M | $1.4M | $42.2M | $7.1M | |
| Cash From Investing | -$187.5M | -$656.4M | -$701.2M | -$983.9M | -$970.9M | |
| Dividends Paid (Ex Special Dividend) | $229.8M | $156.9M | $171.7M | $218.7M | $354.6M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | $218.5M | $786M | -$6.2M | -- | |
| Long-Term Debt Repaid | -$744.1M | -$624.5M | -$266.6M | -- | -- | |
| Repurchase of Common Stock | $1.7M | -- | $85.1M | $27.5M | $83M | |
| Other Financing Activities | -$123.2M | -$183.9M | -$197M | -$248.9M | -- | |
| Cash From Financing | -$527.1M | -$666.6M | $166.5M | -$378.5M | -$612.6M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $92.9M | -$144.3M | $380.7M | -$7.9M | $295.3M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $286.1M | $410M | $197.9M | $413.9M | $423.9M | |
| 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 | -- | -- | -- | -- | -- | |
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