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 | $17.9B | $17.3B | $20.7B | $31.7B | $37.5B | |
| Revenue Growth (YoY) | -13.47% | -3.23% | 19.63% | 52.85% | 18.37% | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | $2.6M | $144.5M | -$209.3M | -$186.6M | -$108.6M | |
| Operating Expenses | -$868.2M | -$5.7B | -$6.8B | -$8.2B | -$8.2B | |
| Operating Income | $868.2M | $5.7B | $6.8B | $8.2B | $8.2B | |
| Net Interest Expenses | $515.5M | $367.2M | $455.8M | $4.3B | $4.6B | |
| EBT. Incl. Unusual Items | -$578.3M | $5B | $6.4B | $7.7B | $7.9B | |
| Earnings of Discontinued Ops. | $155.2M | $638.1M | -$322.7M | -$139.2M | $103.5M | |
| Income Tax Expense | $94.9M | $1.4B | $1.6B | $1.8B | $1.9B | |
| Net Income to Company | -$450.5M | $5.9B | $6B | $7.5B | $8B | |
| Minority Interest in Earnings | -$79.5M | $60.5M | $7.4M | -$5M | $11.5M | |
| Net Income to Common Excl Extra Items | -$1.2B | $3.5B | $4.4B | $5.6B | $5.7B | |
| Basic EPS (Cont. Ops) | -$0.09 | $0.40 | $0.42 | $0.60 | $0.68 | |
| Diluted EPS (Cont. Ops) | -$0.09 | $0.40 | $0.41 | $0.59 | $0.68 | |
| Weighted Average Basic Share | $11.2B | $10B | $9.9B | $9.2B | $8.5B | |
| Weighted Average Diluted Share | $11.2B | $10.1B | $9.9B | $9.2B | $8.5B | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $2.4B | $7.3B | $9.8B | $20.1B | $25.7B | |
| Revenue (Reported) | $17.9B | $17.3B | $20.7B | $31.7B | $37.5B | |
| Operating Income (Reported) | $868.2M | $5.7B | $6.8B | $8.2B | $8.2B | |
| Operating Income (Adjusted) | $2.4B | $7.3B | $9.8B | $20.1B | $25.7B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $4.5B | $5.1B | $8.3B | $9.8B | $10.4B | |
| Revenue Growth (YoY) | 1.71% | 13.26% | 63.41% | 17.62% | 6.73% | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -$1.3B | -$1.3B | -$1.7B | -$2.2B | -$2.9B | |
| Operating Income | $1.3B | $1.3B | $1.7B | $2.2B | $2.9B | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | $1.3B | $1.3B | $1.7B | $2.2B | $2.9B | |
| Earnings of Discontinued Ops. | $135M | -$465.5M | -$38M | $1.3M | -- | |
| Income Tax Expense | $454.7M | $510.2M | $478.3M | $560.3M | $676.9M | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | $2.8M | $2.4M | -$3.8M | -$1.3M | $1.3M | |
| Net Income to Common Excl Extra Items | $890.1M | $766.5M | $1.1B | $1.5B | $2.2B | |
| Basic EPS (Cont. Ops) | $0.09 | $0.02 | $0.12 | $0.18 | $0.27 | |
| Diluted EPS (Cont. Ops) | $0.09 | $0.02 | $0.12 | $0.18 | $0.26 | |
| Weighted Average Basic Share | $9.9B | $9.8B | $8.9B | $8.3B | $8.1B | |
| Weighted Average Diluted Share | $9.9B | $9.8B | $8.9B | $8.4B | $8.2B | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $1.9B | $2.1B | $5.4B | $6.8B | $7.3B | |
| Revenue (Reported) | $4.5B | $5.1B | $8.3B | $9.8B | $10.4B | |
| Operating Income (Reported) | $1.3B | $1.3B | $1.7B | $2.2B | $2.9B | |
| Operating Income (Adjusted) | $1.9B | $2.1B | $5.4B | $6.8B | $7.3B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $17.2B | $19B | $28.8B | $36.6B | $39.4B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -$4.6B | -$5.4B | -$7.8B | -$7.6B | -$9.6B | |
| Operating Income | $4.6B | $5.4B | $7.8B | $7.6B | $9.6B | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | $4.6B | $5.4B | $7.8B | $7.6B | $9.5B | |
| Earnings of Discontinued Ops. | $461.9M | $59.3M | -$240.1M | $47.4M | $88.4M | |
| Income Tax Expense | $1.2B | $1.9B | $1.8B | $1.6B | $2.2B | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | $61.4M | $7.5M | -$2.7M | $11.4M | $1.5M | |
| Net Income to Common Excl Extra Items | $3.3B | $3.4B | $5.6B | $5.7B | $6.9B | |
| Basic EPS (Cont. Ops) | $0.32 | $0.33 | $0.58 | $0.66 | $0.86 | |
| Diluted EPS (Cont. Ops) | $0.31 | $0.32 | $0.57 | $0.66 | $0.85 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $6.9B | $7.9B | $17.5B | $25B | $26.8B | |
| Revenue (Reported) | $17.2B | $19B | $28.8B | $36.6B | $39.4B | |
| Operating Income (Reported) | $4.6B | $5.4B | $7.8B | $7.6B | $9.6B | |
| Operating Income (Adjusted) | $6.9B | $7.9B | $17.5B | $25B | $26.8B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $13.2B | $14.7B | $22.9B | $27.9B | $29.8B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -$4.6B | -$4.6B | -$6.1B | -$6B | -$7.7B | |
| Operating Income | $4.6B | $4.6B | $6.1B | $6B | $7.7B | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | $4.6B | $4.6B | $6.1B | $6B | $7.6B | |
| Earnings of Discontinued Ops. | $381.4M | -$195.4M | -$174.5M | $15.2M | -- | |
| Income Tax Expense | $1.1B | $1.5B | $1.8B | $1.6B | $1.9B | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | $60.1M | $6.2M | -$3.8M | $12.6M | $2.8M | |
| Net Income to Common Excl Extra Items | $3.5B | $3B | $4.1B | $4.2B | $5.4B | |
| Basic EPS (Cont. Ops) | $0.33 | $0.27 | $0.42 | $0.49 | $0.67 | |
| Diluted EPS (Cont. Ops) | $0.33 | $0.27 | $0.42 | $0.49 | $0.66 | |
| Weighted Average Basic Share | $31.6B | $29.2B | $27.6B | $25.7B | $24.2B | |
| Weighted Average Diluted Share | $31.9B | $29.7B | $27.8B | $25.9B | $24.5B | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | $6.4B | $6.7B | $14.4B | $19.3B | $20.4B | |
| Revenue (Reported) | $13.2B | $14.7B | $22.9B | $27.9B | $29.8B | |
| Operating Income (Reported) | $4.6B | $4.6B | $6.1B | $6B | $7.7B | |
| Operating Income (Adjusted) | $6.4B | $6.7B | $14.4B | $19.3B | $20.4B | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $170.2B | $240.8B | $174.2B | $132.9B | $116.5B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | $447M | $485.9M | $411.5M | $445.9M | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $496.5B | $481.1B | $361.4B | $303.4B | $278.5B | |
| Property Plant And Equipment | $6B | $5.7B | $5.1B | $5.4B | $5B | |
| Long-Term Investments | $740.9M | $1B | $999.6M | $996.9M | $1B | |
| Goodwill | $7.6B | $7.5B | $6.7B | $7.2B | $7.1B | |
| Other Intangibles | $1.4B | $1.6B | $1.9B | $2.5B | $2.4B | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $1.1T | $1.1T | $866.2B | $883B | $886.7B | |
| Accounts Payable | $7.6B | $2.8B | $2.4B | $8.5B | $2.2B | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $349.4B | $305.8B | $225.6B | $232.7B | $240.3B | |
| Long-Term Debt | $94.9B | $78.3B | $69.2B | $71.5B | $74.5B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $1T | $1T | $826.9B | $840.6B | $844B | |
| Common Stock | $16.6B | $15.5B | $12.7B | $13.8B | $12.7B | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $53.1B | $51.3B | $39.2B | $42.4B | $42.7B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -$49.2M | $9.5M | $9.6M | $39.5M | $35.1M | |
| Total Equity | $53.1B | $51.4B | $39.2B | $42.4B | $42.7B | |
| Total Liabilities and Equity | $1.1T | $1.1T | $866.2B | $883B | $886.7B | |
| Cash and Short Terms | $169.9B | $240B | $175.6B | $133.1B | $116.8B | |
| Total Debt | $95.6B | $101.5B | $86.6B | $98.6B | $103.8B | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $222.3B | $173.3B | $146B | $141.7B | $114B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $322.7B | $260B | $220.8B | $230.3B | $207.2B | |
| Property Plant And Equipment | -- | -- | -- | -- | -- | |
| Long-Term Investments | $139.9B | $157.4B | $106.8B | $92.2B | $82.3B | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $1T | $894.7B | $875.3B | $954.9B | $976.9B | |
| Accounts Payable | $10.5B | $8.1B | $14.1B | $16.5B | $12.5B | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $110.3B | $83.8B | $89.4B | $103.5B | $97.5B | |
| Long-Term Debt | $40.4B | $39.3B | $42.1B | $57.8B | $76.6B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $998.2B | $860B | $836.8B | $909.5B | $927.6B | |
| Common Stock | $17.5B | $14.6B | $15.6B | $14B | $13.6B | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $14.8M | $13.4M | $45.2M | $55M | $25.6M | |
| Total Equity | $51.2B | $34.7B | $38.5B | $45.4B | $49.3B | |
| Total Liabilities and Equity | $1T | $894.7B | $875.3B | $954.9B | $976.9B | |
| Cash and Short Terms | $221.3B | $173.4B | $145.9B | $141.4B | -- | |
| Total Debt | $40.4B | $39.3B | $42.1B | $57.8B | $76.6B | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$450.5M | $5.9B | $6B | $7.5B | $8B | |
| Depreciation & Amoritzation | $1.2B | $1.3B | $1B | $1.2B | $1.4B | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$2.5B | -$14.5B | -$19B | -$16.6B | $12.7B | |
| Capital Expenditures | $928.4M | $1.9B | $1.7B | $1.9B | $1.4B | |
| Cash Acquisitions | $51.3M | $4.4B | $1.2M | $179M | $2.9B | |
| Cash From Investing | -$29.4B | $17.3B | $31.1B | -$11.7B | -$47.6B | |
| Dividends Paid (Ex Special Dividend) | $488.6M | $1.4B | $3.9B | $2.1B | $2.3B | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $816.3M | $6.9B | $5.4B | $5.7B | $8.2B | |
| Long-Term Debt Repaid | -$3.1B | -$6.6B | -$10.8B | -$6.8B | -$4.9B | |
| Repurchase of Common Stock | $2.6M | $2.5B | $2.5B | $3B | $3.5B | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | $79B | $71.6B | -$55.4B | -$19.5B | $18.5B | |
| Beginning Cash (CF) | $129.1B | $191.5B | $236.2B | $197.2B | $151.9B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $49.5B | $70.8B | -$39.7B | -$49.3B | -$17.9B | |
| Ending Cash (CF) | $178.7B | $262.4B | $196.2B | $147.9B | $134B | |
| Levered Free Cash Flow | -$3.5B | -$16.4B | -$20.7B | -$18.5B | $11.3B | |
| 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 | -- | $213.3K | -- | -- | -- | |
| 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 | 2010-12-31 | 2011-12-31 | 2012-12-31 | 2013-12-31 | 2014-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$1.4B | -$1.5B | -- | -- | -- | |
| Depreciation & Amoritzation | $3.3B | $3B | $2.9B | $2.2B | $1.7B | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $29.7B | $5.3B | -- | -- | -- | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | $5.2B | $22.4M | -- | -- | -- | |
| 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 | -$22.2B | -$2.8B | -- | -- | -- | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $12.7B | $2.6B | -- | -- | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $29.7B | $5.3B | -- | -- | -- | |
| 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 | -- | $213.3K | -- | -- | -- | |
| 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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