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 | $1.5B | $3.2B | $2.2B | $2.4B | $2.7B | |
| Revenue Growth (YoY) | -5.32% | 87.35% | -31.42% | 10.05% | 11.68% | |
| Cost of Revenues | $275.9M | $369.6M | $278.1M | $298.2M | $329M | |
| Gross Profit | $1.2B | $2.8B | $1.9B | $2.1B | $2.4B | |
| Gross Profit Margin | 81.28% | 88.46% | 87.33% | 87.66% | 87.81% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $30M | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $253.9M | $892.1M | $718.4M | $716M | $755.9M | |
| Operating Income | $944.4M | $1.9B | $1.2B | $1.4B | $1.6B | |
| Net Interest Expenses | $10.1M | $14.5M | $12M | $19.5M | $37.7M | |
| EBT. Incl. Unusual Items | $990.5M | $1.9B | $1.2B | $1.3B | $1.6B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $132M | $287.2M | $130.4M | $228.3M | $275M | |
| Net Income to Company | $858.4M | $1.6B | $1.1B | $1.1B | $1.3B | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $858.4M | $1.6B | $1.1B | $1.1B | $1.3B | |
| Basic EPS (Cont. Ops) | $32.67 | $61.46 | $41.19 | $43.06 | $49.28 | |
| Diluted EPS (Cont. Ops) | $32.38 | $60.29 | $40.93 | $42.90 | $48.92 | |
| Weighted Average Basic Share | $26.3M | $26M | $25.5M | $25.9M | $26M | |
| Weighted Average Diluted Share | $26.5M | $26.6M | $25.7M | $26M | $26.2M | |
| EBITDA | $1B | $2B | $1.2B | $1.4B | $1.7B | |
| EBIT | $999.2M | $1.9B | $1.2B | $1.4B | $1.6B | |
| Revenue (Reported) | $1.5B | $3.2B | $2.2B | $2.4B | $2.7B | |
| Operating Income (Reported) | $944.4M | $1.9B | $1.2B | $1.4B | $1.6B | |
| Operating Income (Adjusted) | $999.2M | $1.9B | $1.2B | $1.4B | $1.6B | |
| 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 | $2.9B | $2.4B | $2.3B | $3B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $349.1M | $346.3M | $308.6M | $288.7M | $353.5M | |
| Gross Profit | $1.7B | $2.5B | $2.1B | $2.1B | $2.6B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $31.2M | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $416.8M | $832.7M | $777.6M | $687.5M | $868.4M | |
| Operating Income | $1.3B | $1.7B | $1.4B | $1.4B | $1.7B | |
| Net Interest Expenses | $11.8M | $12.9M | $12.6M | $27.2M | $47M | |
| EBT. Incl. Unusual Items | $1.4B | $1.6B | $1.3B | $1.3B | $1.7B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $213.1M | $241.8M | $160.7M | $232.2M | $303.3M | |
| Net Income to Company | $1.2B | $1.4B | $1.2B | $1.1B | $1.4B | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $1.2B | $1.4B | $1.2B | $1.1B | $1.4B | |
| Basic EPS (Cont. Ops) | $47.15 | $53.13 | $44.94 | $41.63 | $53.24 | |
| Diluted EPS (Cont. Ops) | $46.50 | $52.92 | $44.87 | $41.35 | $52.87 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $1.5B | $1.7B | $1.4B | $1.4B | $1.8B | |
| EBIT | $1.5B | $1.7B | $1.4B | $1.4B | $1.7B | |
| Revenue (Reported) | $2.1B | $2.9B | $2.4B | $2.3B | $3B | |
| Operating Income (Reported) | $1.3B | $1.7B | $1.4B | $1.4B | $1.7B | |
| Operating Income (Adjusted) | $1.5B | $1.7B | $1.4B | $1.4B | $1.7B | |
| 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 | $1.4B | $999.5M | $842.5M | $333.9M | $318.8M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $258M | $386.4M | $305.9M | $195.4M | $308.1M | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $3.1B | $3.4B | $3.1B | $3.6B | $4B | |
| Property Plant And Equipment | $270.4M | $281.4M | $349.8M | $519.1M | $588.2M | |
| Long-Term Investments | -- | $820.6M | $857.3M | $1B | $1.1B | |
| Goodwill | $35.3M | $33.6M | $32.7M | $33.3M | $49.5M | |
| Other Intangibles | $36.1M | $38.5M | $47.8M | $39.4M | $60.9M | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $4.6B | $5.3B | $4.9B | $5.7B | $6.3B | |
| Accounts Payable | $60.8M | $108.5M | $64.4M | $59.5M | $72.2M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $11.8M | $11.9M | $16.1M | $17M | $16.2M | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $731.5M | $798.2M | $954.6M | $1.3B | $1.6B | |
| Long-Term Debt | $914.4M | $931.8M | $931.7M | $1.1B | $1.6B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $2B | $2.1B | $2.3B | $2.8B | $3.6B | |
| Common Stock | $343.4K | $329.3K | $324.3K | $356.4K | $331K | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $2.6B | $3.2B | $2.6B | $2.9B | $2.7B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $2.6B | $3.2B | $2.6B | $2.9B | $2.7B | |
| Total Liabilities and Equity | $4.6B | $5.3B | $4.9B | $5.7B | $6.3B | |
| Cash and Short Terms | $1.4B | $999.5M | $842.5M | $333.9M | $318.8M | |
| Total Debt | $914.4M | $943.8M | $947.8M | $1.1B | $1.6B | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $469.6M | $322M | $403.6M | $221M | -- | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $387.4M | $201.3M | $269.6M | $191.1M | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $2.6B | $2.7B | $2.6B | $3.2B | -- | |
| Property Plant And Equipment | $262.4M | $295.9M | $449.8M | $537.2M | -- | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $4.2B | $4.3B | $4.6B | $5.4B | -- | |
| Accounts Payable | $91.2M | $80.5M | $84.3M | $60.5M | -- | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $10.5M | $14.8M | $14.9M | $16.5M | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $547.6M | $855.7M | $840.8M | $1B | -- | |
| Long-Term Debt | $867.5M | $837.4M | $889.1M | $1.5B | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $1.8B | $2.1B | $2.4B | $3B | -- | |
| Common Stock | $325.7K | $314.4K | $333.6K | $333.7K | -- | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $2.4B | $2.2B | $2.2B | $2.3B | -- | |
| Total Liabilities and Equity | $4.2B | $4.3B | $4.6B | $5.4B | -- | |
| Cash and Short Terms | $469.6M | $322M | $403.6M | $221M | -- | |
| Total Debt | $867.5M | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $858.4M | $1.6B | $1.1B | $1.1B | $1.3B | |
| Depreciation & Amoritzation | $41M | $43.4M | $42.4M | $45.7M | $55.2M | |
| Stock-Based Compensation | $61.1M | $60.7M | $60.6M | $64.5M | $63.5M | |
| Change in Accounts Receivable | $389.9M | -$1.1B | $125.1M | -$664.4M | -$380.4M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $1.2B | $761.2M | $1.1B | $711.2M | $1B | |
| Capital Expenditures | $33M | $61.5M | $92.9M | $121M | $160.2M | |
| Cash Acquisitions | $18.7M | -- | -- | -- | $15.8M | |
| Cash From Investing | -$8.2M | -$26.9M | -$77.6M | -$507.2M | -$326.3M | |
| Dividends Paid (Ex Special Dividend) | -$713M | $792.5M | $901.5M | $1.1B | $1.2B | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $400M | -- | $1.3B | $2B | $2.9B | |
| Long-Term Debt Repaid | -$400M | -- | -$996.1M | -$1.7B | -$2.1B | |
| Repurchase of Common Stock | -$235.9M | $422.2M | $596.2M | $74.6M | $567M | |
| Other Financing Activities | -- | -- | -$4.6M | -$5.1M | -$5.9M | |
| Cash From Financing | -$891.6M | -$1.1B | -$1.2B | -$743M | -$707M | |
| Beginning Cash (CF) | $995.2M | $999.5M | $842.5M | $333.9M | $318.8M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $331.5M | -$346.6M | -$137.4M | -$554.7M | $9M | |
| Ending Cash (CF) | $1.3B | $632.2M | $740.2M | -$236.5M | $334.7M | |
| Levered Free Cash Flow | $1.2B | $699.7M | $1B | $590.2M | $875.1M | |
| 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 | $1.2B | $1.4B | $1.2B | $1.1B | $1.4B | |
| Depreciation & Amoritzation | $42.5M | $43.9M | $43.8M | $47.1M | $73.1M | |
| Stock-Based Compensation | $71.2M | $55.7M | $65.2M | $63.1M | $68.4M | |
| Change in Accounts Receivable | -$946.6M | -$246.3M | $105.5M | -$404.2M | -$641.9M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $557.2M | $1.1B | $1.2B | $854M | $865.3M | |
| Capital Expenditures | $47.6M | $86.9M | $98.4M | $137.2M | $100.6M | |
| Cash Acquisitions | $14.1M | -- | -- | -- | $126.4M | |
| Cash From Investing | -$48.8M | -$63.3M | -$42.9M | -$612.8M | -$372.6M | |
| Dividends Paid (Ex Special Dividend) | -$795.7M | $911.6M | $1.1B | $1.1B | $1.3B | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | $1.6B | $3.2B | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -$2.5B | -- | |
| Repurchase of Common Stock | -$178.7M | $665M | $228.6M | $192.2M | $615.8M | |
| Other Financing Activities | -- | -- | -- | -$5.1M | -- | |
| Cash From Financing | -$903.9M | -$1.2B | -$1.2B | -$433.9M | -$389.4M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$403.1M | -$119.1M | $32.3M | -$185M | $83.8M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $509.6M | $1B | $1.1B | $716.7M | $764.7M | |
| 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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