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 | $263.8M | $419.3M | $409.7M | $452.9M | $498.2M | |
| Revenue Growth (YoY) | -28.53% | 58.95% | -2.29% | 10.53% | 10.01% | |
| Cost of Revenues | -- | -- | $5.6M | $6.2M | $7.7M | |
| Gross Profit | -- | -- | $404.1M | $446.7M | $490.5M | |
| Gross Profit Margin | -- | -- | 98.62% | 98.63% | 98.46% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $90.5M | $111.7M | $112.4M | $132.1M | $170.7M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -$173.3M | -$307.6M | $106.8M | $125.9M | $151.2M | |
| Operating Income | $173.3M | $307.6M | $297.3M | $320.7M | $339.3M | |
| Net Interest Expenses | $613K | $647.8K | $544.4K | $610.3K | $699K | |
| EBT. Incl. Unusual Items | $172.9M | $310.3M | $297.2M | $322.9M | $330.2M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $32.1M | $58.5M | $56.2M | $75.4M | $83.9M | |
| Net Income to Company | $140.8M | $251.8M | $241M | $247.6M | $246.3M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $140.8M | $251.8M | $241M | $247.6M | $246.3M | |
| Basic EPS (Cont. Ops) | $0.16 | $0.59 | $0.58 | $0.61 | $0.62 | |
| Diluted EPS (Cont. Ops) | $0.16 | $0.59 | $0.58 | $0.61 | $0.62 | |
| Weighted Average Basic Share | $435.6M | $429.4M | $417.7M | $406.7M | $395.1M | |
| Weighted Average Diluted Share | $436.8M | $430.1M | $418.8M | $407.7M | $396.3M | |
| EBITDA | $178.8M | $313.8M | $302.9M | $326.9M | $347M | |
| EBIT | $173.3M | $307.6M | $297.3M | $320.7M | $339.3M | |
| Revenue (Reported) | $263.8M | $419.3M | $409.7M | $452.9M | $498.2M | |
| Operating Income (Reported) | $173.3M | $307.6M | $297.3M | $320.7M | $339.3M | |
| Operating Income (Adjusted) | $173.3M | $307.6M | $297.3M | $320.7M | $339.3M | |
| 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 | $353M | $422M | $420.9M | $474.6M | $529.8M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | $5.9M | $6.6M | $9.1M | |
| Gross Profit | $205.1M | $207.9M | $415M | $468.1M | $520.7M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $100.8M | $116.5M | $120.3M | $147.1M | $180.3M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -$47M | -$97.6M | $114.4M | $140.6M | $159.3M | |
| Operating Income | $252.1M | $305.5M | $300.6M | $327.5M | $361.4M | |
| Net Interest Expenses | $630.4K | $596.8K | $542.2K | $663.5K | $754.4K | |
| EBT. Incl. Unusual Items | $254.9M | $308.3M | $301.7M | $330.1M | $352.3M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $47.2M | $58.5M | $64.8M | $80M | $88.7M | |
| Net Income to Company | $210M | $247.4M | $224.9M | $252M | $266.1M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $207.7M | $249.9M | $236.9M | $250.1M | $263.6M | |
| Basic EPS (Cont. Ops) | $0.48 | $0.59 | $0.57 | $0.62 | $0.68 | |
| Diluted EPS (Cont. Ops) | $0.48 | $0.59 | $0.57 | $0.62 | $0.67 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $258.1M | $311.5M | $306.5M | $334M | $370.6M | |
| EBIT | $252.1M | $305.5M | $300.6M | $327.5M | $361.4M | |
| Revenue (Reported) | $353M | $422M | $420.9M | $474.6M | $529.8M | |
| Operating Income (Reported) | $252.1M | $305.5M | $300.6M | $327.5M | $361.4M | |
| Operating Income (Adjusted) | $252.1M | $305.5M | $300.6M | $327.5M | $361.4M | |
| 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 | $132.2M | $65M | $48.3M | $49.5M | $51.7M | |
| Short Term Investments | -- | $6.8M | $6.1M | $6.7M | $6.9M | |
| Accounts Receivable, Net | $24.2M | $24.4M | $25.7M | $32.2M | $28.9M | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | $8.1M | $6.8M | $6.3M | $8M | $7.8M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $166.3M | $97.9M | $81.6M | $90.8M | $90.7M | |
| Property Plant And Equipment | $18.9M | $16.2M | $12.5M | $12M | $10.5M | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | $22.5M | $22.3M | $20M | $21M | $28.5M | |
| Other Intangibles | $7.6M | $6.2M | $6.7M | $6.8M | $17M | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $219.3M | $145.7M | $122.4M | $133.7M | $148.4M | |
| Accounts Payable | $3.7M | $4.1M | $1.4M | $2.6M | $1.7M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $2.8M | $2.9M | $2.8M | $2.9M | $3.1M | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $31.7M | $37.4M | $30.7M | $37.7M | $41M | |
| Long-Term Debt | $14.1M | $12M | $8.7M | $6.5M | $4.6M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $51M | $50.2M | $40.4M | $45.3M | $47.1M | |
| Common Stock | $1.2M | $1.2M | $1M | $1M | $995.7K | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $168.3M | $95.5M | $82M | $88.4M | $101.3M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $168.3M | $95.5M | $82M | $88.4M | $101.3M | |
| Total Liabilities and Equity | $219.3M | $145.7M | $122.4M | $133.7M | $148.4M | |
| Cash and Short Terms | $132.2M | $65M | $48.3M | $49.5M | $51.7M | |
| Total Debt | $16.8M | $14.9M | $11.5M | $9.4M | $7.7M | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $93.7M | $47.2M | $48M | $28.8M | $50.5M | |
| Short Term Investments | -- | $6.1M | $6.5M | $6.8M | $7.7M | |
| Accounts Receivable, Net | $24.2M | $21.5M | $30M | $28.4M | $32.6M | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | $6.2M | $5.8M | $9.6M | $8.3M | $11.3M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $124.4M | $82.2M | $95.7M | $74.8M | $104.9M | |
| Property Plant And Equipment | $18.4M | $13.9M | $11.6M | $11.5M | $10.5M | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | $31.1M | |
| Other Intangibles | -- | -- | -- | -- | $21.5M | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $176.9M | $124.3M | $137.7M | $131.4M | $171.4M | |
| Accounts Payable | $11.7M | $2.6M | $3.1M | $2.8M | $2.7M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $3M | $2.8M | $2.9M | $3M | $3.6M | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $36.7M | $29.9M | $36.3M | $40.9M | $53.7M | |
| Long-Term Debt | -- | -- | -- | -- | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $52.6M | $40.7M | $45.1M | $47.9M | $59.3M | |
| Common Stock | $1.2M | $1M | $1M | $1M | $1.1M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $124.3M | $83.6M | $92.6M | $83.5M | $112.1M | |
| Total Liabilities and Equity | $176.9M | $124.3M | $137.7M | $131.4M | $171.4M | |
| Cash and Short Terms | $93.7M | $53.3M | $54.5M | $35.5M | $58.2M | |
| Total Debt | -- | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $140.8M | $251.8M | $241M | $247.6M | $246.3M | |
| Depreciation & Amoritzation | $5.5M | $6.1M | $5.6M | $6.2M | $7.7M | |
| Stock-Based Compensation | $2.7M | $5.4M | $5.1M | $7.3M | $9.5M | |
| Change in Accounts Receivable | $772K | $759.2K | -$4.7M | -$6M | $2.5M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $123.7M | $268.2M | $244.4M | $259.1M | $273M | |
| Capital Expenditures | $4.5M | $988.8K | $3.5M | $4.2M | $11.6M | |
| Cash Acquisitions | -- | -- | -- | -- | $9.7M | |
| Cash From Investing | -$4.5M | -$988.8K | -$3.6M | -$4.2M | -$25.1M | |
| Dividends Paid (Ex Special Dividend) | -- | $88.6M | $83.4M | $89.1M | $95M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | $39.6M | $241.6M | $163.7M | $164.1M | $146.6M | |
| Other Financing Activities | $2.6K | -- | -- | -- | -- | |
| Cash From Financing | -$41.7M | -$334.2M | -$250.5M | -$256.7M | -$245.2M | |
| Beginning Cash (CF) | $132.2M | $65M | $48.3M | $49.5M | $51.7M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $77.5M | -$67M | -$9.7M | -$1.8M | $2.7M | |
| Ending Cash (CF) | $209.7M | -$2M | $38.6M | $47.7M | $54.4M | |
| Levered Free Cash Flow | $119.2M | $267.2M | $240.9M | $254.9M | $261.4M | |
| 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 | $210M | $247.4M | $224.9M | $252M | $266.1M | |
| Depreciation & Amoritzation | $6M | $5.9M | $5.6M | $6.6M | $9.2M | |
| Stock-Based Compensation | $5.7M | $4.4M | $7.2M | $7.5M | $11.3M | |
| Change in Accounts Receivable | -$11M | -$1.2M | -$11.5M | $1.7M | -$3.5M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $206.8M | $253.7M | $230.2M | $276.4M | $292.1M | |
| Capital Expenditures | $2.4M | $2.4M | $2.8M | $9.4M | $10.8M | |
| Cash Acquisitions | -- | -- | -- | $9.6M | $196.5K | |
| Cash From Investing | -$7.7M | -$2.4M | -$2.9M | -$22.6M | -$11.1M | |
| Dividends Paid (Ex Special Dividend) | $54M | $86M | $79.7M | $94.5M | $100.2M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | $126.5M | $193M | $145M | $174.8M | $158.5M | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -$183.5M | -$282.6M | -$227.6M | -$273.1M | -$263.1M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $15.7M | -$31.3M | -$304.9K | -$19.3M | $17.9M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $204.4M | $251.3M | $227.5M | $267M | $281.2M | |
| 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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