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 | $8.2B | $16.8B | $19.8B | $8.3B | $10.7B | |
| Revenue Growth (YoY) | 19.08% | 105.49% | 17.75% | -57.9% | 28.28% | |
| Cost of Revenues | $6.6B | $8.7B | $9.4B | $7.2B | $7.9B | |
| Gross Profit | $1.6B | $8.1B | $10.4B | $1.1B | $2.8B | |
| Gross Profit Margin | 19.4% | 48.35% | 52.45% | 13.22% | 25.86% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $642M | $832.2M | $662.8M | $280.2M | $572.7M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $629.6M | $822.6M | $625.2M | $206.7M | $524.2M | |
| Operating Income | $959.6M | $7.3B | $9.8B | $896M | $2.2B | |
| Net Interest Expenses | $35M | $60.3M | $61.1M | $28.5M | $20.6M | |
| EBT. Incl. Unusual Items | $913.7M | $7.3B | $10B | $1.4B | $2.6B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $10.7M | $208.8M | $61.5M | $11.5M | $35.4M | |
| Net Income to Company | $992.2M | $7.4B | $10.1B | $1.4B | $2.6B | |
| Minority Interest in Earnings | -$295K | $282K | $993K | $1.3M | $1.6M | |
| Net Income to Common Excl Extra Items | $902.7M | $7.1B | $10B | $1.4B | $2.6B | |
| Basic EPS (Cont. Ops) | $7.20 | $55.42 | $75.45 | $10.36 | $19.52 | |
| Diluted EPS (Cont. Ops) | $7.20 | $55.42 | $75.45 | $10.36 | $19.52 | |
| Weighted Average Basic Share | $125.2M | $128.6M | $132.1M | $132.1M | $132.1M | |
| Weighted Average Diluted Share | $125.2M | $128.6M | $132.1M | $132.1M | $132.1M | |
| EBITDA | $1.5B | $7.9B | $10.6B | $1.7B | $3.1B | |
| EBIT | $1B | $7.3B | $9.8B | $896M | $2.2B | |
| Revenue (Reported) | $8.2B | $16.8B | $19.8B | $8.3B | $10.7B | |
| Operating Income (Reported) | $959.6M | $7.3B | $9.8B | $896M | $2.2B | |
| Operating Income (Adjusted) | $1B | $7.3B | $9.8B | $896M | $2.2B | |
| 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 | $11.7B | $20.9B | $13.3B | $8.4B | $10.9B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $7.3B | $9.9B | $8.1B | $7.3B | $8.1B | |
| Gross Profit | $4.5B | $11B | $5.2B | $1.1B | $2.8B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $848.1M | $812.4M | $269.1M | $447M | $551.5M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $854.5M | $801.4M | $241.5M | $394.5M | $497.4M | |
| Operating Income | $3.6B | $10.2B | $4.9B | $719.5M | $2.3B | |
| Net Interest Expenses | $8.8M | $58.7M | $48.8M | $22.7M | $22.6M | |
| EBT. Incl. Unusual Items | $3.6B | $10.2B | $5.4B | $1.1B | $2.7B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $32.6M | $243.7M | -$3.2M | $13.1M | $56.8M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -$411K | $552.1K | $1.2M | $1.4M | $1.8M | |
| Net Income to Common Excl Extra Items | $3.6B | $10B | $5.4B | $1.1B | $2.7B | |
| Basic EPS (Cont. Ops) | $28.49 | $76.24 | $41.14 | $8.12 | $20.43 | |
| Diluted EPS (Cont. Ops) | $28.49 | $76.24 | $41.14 | $8.12 | $20.43 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $3.7B | $10.9B | $5.8B | $1.6B | $3.3B | |
| EBIT | $3.7B | $10.2B | $4.9B | $719.5M | $2.3B | |
| Revenue (Reported) | $11.7B | $20.9B | $13.3B | $8.4B | $10.9B | |
| Operating Income (Reported) | $3.6B | $10.2B | $4.9B | $719.5M | $2.3B | |
| Operating Income (Adjusted) | $3.7B | $10.2B | $4.9B | $719.5M | $2.3B | |
| 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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $3.1B | $7.3B | $11.3B | $6.7B | $7.9B | |
| Short Term Investments | $134.7M | $71.3M | $48.7M | $13.4M | $14.2M | |
| Accounts Receivable, Net | $411.4M | $590.2M | $438.3M | $294.5M | $396.6M | |
| Inventory | $94.8M | $153.1M | $179.6M | $197.2M | $191.5M | |
| Prepaid Expenses | $132.2M | $215.6M | $171.5M | $150.3M | $102.1M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $4B | $8.5B | $12.3B | $7.7B | $8.9B | |
| Property Plant And Equipment | $6.1B | $6.9B | $7.2B | $7.5B | $8.4B | |
| Long-Term Investments | -- | $500.9M | $429.5M | $401.6M | $393.5M | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | $18.9M | $7.7M | $10.8M | $7.7M | $4.8M | |
| Other Long-Term Assets | $14M | $9.9M | $9.3M | $7.8M | $9.1M | |
| Total Assets | $10.6B | $15.8B | $20B | $15.6B | $17.8B | |
| Accounts Payable | $319.2M | $241.8M | $215.9M | $260M | $257.6M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $367.1M | $623.3M | $712.2M | $518.9M | $561.6M | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $2B | $3.3B | $4.1B | $2.4B | $2.6B | |
| Long-Term Debt | $820.3M | $2B | $1.4B | $919.4M | $811.6M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $5B | $6.2B | $6.6B | $4.4B | $4.5B | |
| Common Stock | $62.6M | $66M | $66M | $66M | $66M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $5.6B | $9.7B | $13.4B | $11.2B | $13.2B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $380K | $2.1M | $2.9M | $3.3M | $3.9M | |
| Total Equity | $5.6B | $9.7B | $13.4B | $11.2B | $13.2B | |
| Total Liabilities and Equity | $10.6B | $15.8B | $20B | $15.6B | $17.8B | |
| Cash and Short Terms | $3.2B | $7.3B | $11.3B | $6.7B | $7.9B | |
| Total Debt | $1B | $2.7B | $2.1B | $1.4B | $1.4B | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $5B | $10.9B | $7.8B | $6.7B | -- | |
| Short Term Investments | $85.2M | $86.9M | $24.2M | $9M | -- | |
| Accounts Receivable, Net | $707.4M | $841.6M | $309.6M | $432.3M | -- | |
| Inventory | $125.5M | $226.4M | $180M | $195.1M | -- | |
| Prepaid Expenses | $183.2M | $185.7M | $161.8M | $99M | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $6.3B | $12.5B | $8.8B | $7.7B | -- | |
| Property Plant And Equipment | $6.1B | $6.9B | $7.3B | $8B | -- | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | $23.1M | $19.4M | $9.5M | $10M | -- | |
| Total Assets | $13B | $19.9B | $16.5B | $16.2B | -- | |
| Accounts Payable | $313.8M | $296.4M | $197.7M | $244.4M | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $491.9M | $766.9M | $597.4M | $505.7M | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $2.4B | $4.1B | $2.8B | $2.3B | -- | |
| Long-Term Debt | $739.3M | $192.6M | -- | -- | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $5.2B | $6.8B | $5B | $4.2B | -- | |
| Common Stock | $63.7M | $66M | $66M | $66M | -- | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $544K | $2.4M | $3.3M | $3.8M | -- | |
| Total Equity | $7.7B | $13.1B | $11.5B | $11.9B | -- | |
| Total Liabilities and Equity | $13B | $19.9B | $16.5B | $16.2B | -- | |
| Cash and Short Terms | $5.1B | $11B | $7.8B | $6.7B | -- | |
| Total Debt | $929M | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $992.2M | $7.4B | $10.1B | $1.4B | $2.6B | |
| Depreciation & Amoritzation | $452.2M | $569.7M | $861M | $847.7M | $901M | |
| Stock-Based Compensation | $4.8M | $2.1M | $1.1M | $132K | $14K | |
| Change in Accounts Receivable | -$18.6M | -$289.7M | $169.7M | $128.3M | -$28.9M | |
| Change in Inventories | $18.7M | -$58.3M | -$26.5M | -$17.6M | $5.7M | |
| Cash From Operations | $1.9B | $9B | $11.4B | $1.1B | $3.6B | |
| Capital Expenditures | $369.6M | $590.7M | $548.4M | $1.4B | $1.3B | |
| Cash Acquisitions | $8.8M | -- | -- | -- | -- | |
| Cash From Investing | -$588.8M | -$2B | $1.2B | -$5.1B | $2.1B | |
| Dividends Paid (Ex Special Dividend) | -$1.2B | $3.7B | $6.1B | $3.6B | $535.6M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $99.6M | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -$496.9M | -$787.1M | -$251.2M | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | $120K | $1.7M | -- | -- | -- | |
| Cash From Financing | -$2.2B | -$4.4B | -$7.1B | -$4.3B | -$1.2B | |
| Beginning Cash (CF) | $2.3B | $3.9B | $9.5B | $1.1B | $5.7B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$884.1M | $2.5B | $5.5B | -$8.3B | $4.5B | |
| Ending Cash (CF) | $1.4B | $6.5B | $15B | -$7.2B | $10.2B | |
| Levered Free Cash Flow | $1.5B | $8.4B | $10.9B | -$267M | $2.4B | |
| 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 | -- | $12.9M | -- | -- | -- | |
| 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 | $4.4B | $12.3B | $6B | $1.4B | $3.8B | |
| Capital Expenditures | $340.8M | $532.1M | $1.2B | $1.3B | $1.5B | |
| Cash Acquisitions | $5.9M | -- | -- | -- | -- | |
| Cash From Investing | -$1.7B | -$221.5M | -$2.5B | -$1.2B | -$278.3M | |
| Dividends Paid (Ex Special Dividend) | -$902.7M | $5B | $7B | $683M | $1.3B | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -$201.7M | -$700.9M | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -$1.4B | -$6B | -$8B | -$1.3B | -$1.9B | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $1.3B | $6.1B | -$4.5B | -$1.1B | $1.6B | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $4.1B | $11.8B | $4.8B | $113.4M | $2.3B | |
| 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 | -- | $12.9M | -- | $180K | -- | |
| 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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