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 | $3.6B | $5.9B | $5.4B | $4.4B | $4.3B | |
| Revenue Growth (YoY) | -35.4% | 64.7% | -7.61% | -19.76% | -0.52% | |
| Cost of Revenues | $2.9B | $4.5B | $4.1B | $3.5B | $3.5B | |
| Gross Profit | $637.5M | $1.4B | $1.4B | $888.5M | $827.5M | |
| Gross Profit Margin | 17.8% | 23.88% | 25.56% | 20.34% | 19.04% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $265.4M | $290.2M | $271.9M | $289.3M | $309.2M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $262.2M | $284.7M | $267.9M | $279.7M | $306.7M | |
| Operating Income | $375.3M | $1.1B | $1.1B | $608.8M | $520.8M | |
| Net Interest Expenses | $33.8M | $7.4M | $6.4M | $11.6M | $12.1M | |
| EBT. Incl. Unusual Items | $339.3M | $927.2M | $1B | $586M | $429.6M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $60.8M | $170.7M | $227M | $155.1M | $128.7M | |
| Net Income to Company | $362.4M | $960.2M | $1B | $581.5M | $426.7M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $278.5M | $764M | $792.8M | $433.8M | $280.6M | |
| Basic EPS (Cont. Ops) | $0.08 | $0.21 | $0.22 | $0.12 | $0.08 | |
| Diluted EPS (Cont. Ops) | $0.08 | $0.21 | $0.22 | $0.12 | $0.08 | |
| Weighted Average Basic Share | $3.5B | $3.6B | $3.6B | $3.5B | $3.5B | |
| Weighted Average Diluted Share | $3.5B | $3.6B | $3.6B | $3.5B | $3.6B | |
| EBITDA | $398.1M | $1.1B | $1.1B | $624.6M | $539.1M | |
| EBIT | $377.1M | $1.1B | $1.1B | $608.8M | $520.8M | |
| Revenue (Reported) | $3.6B | $5.9B | $5.4B | $4.4B | $4.3B | |
| Operating Income (Reported) | $375.3M | $1.1B | $1.1B | $608.8M | $520.8M | |
| Operating Income (Adjusted) | $377.1M | $1.1B | $1.1B | $608.8M | $520.8M | |
| Period Ending | 2013-08-31 | 2014-08-31 | 2015-08-31 | 2016-08-31 | 2017-08-31 | |
|---|---|---|---|---|---|---|
| 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 | -- | -- | $106.9M | $113.3M | $116.7M | |
| 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 | $5.8B | $5.5B | $4.8B | $4.3B | $4.6B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $4.5B | $4.2B | $3.6B | $3.4B | $3.8B | |
| Gross Profit | $1.3B | $1.4B | $1.2B | $823.9M | $826.5M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $279.3M | $292.7M | $272.1M | $293.2M | $320.2M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $254.1M | $292.7M | $272.1M | $293.2M | $320.2M | |
| Operating Income | $1B | $1.1B | $878.1M | $530.7M | $506.3M | |
| Net Interest Expenses | $31.2M | $7M | $6.8M | $13.8M | $12.3M | |
| EBT. Incl. Unusual Items | $803.2M | $949.3M | $866M | $417.5M | $185.3M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $145.8M | $194.3M | $206.2M | $112.5M | $56.2M | |
| Net Income to Company | $820.8M | $979.4M | $869.7M | $408.8M | $208.5M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $657.5M | $773.6M | $666.3M | $309.5M | $109.1M | |
| Basic EPS (Cont. Ops) | $0.19 | $0.21 | $0.19 | $0.09 | $0.03 | |
| Diluted EPS (Cont. Ops) | $0.19 | $0.21 | $0.19 | $0.09 | $0.03 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $859.8M | $1.1B | $893.8M | $548.6M | $524.9M | |
| EBIT | $837.7M | $1.1B | $878.1M | $530.7M | $506.3M | |
| Revenue (Reported) | $5.8B | $5.5B | $4.8B | $4.3B | $4.6B | |
| Operating Income (Reported) | $1B | $1.1B | $878.1M | $530.7M | $506.3M | |
| Operating Income (Adjusted) | $837.7M | $1.1B | $878.1M | $530.7M | $506.3M | |
| 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 | $1.1B | $1.2B | $1.1B | $975.1M | $810.8M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $173.8M | $143.2M | $164.6M | $105.2M | $99.8M | |
| Inventory | $6.2B | $6.7B | $6.2B | $6.6B | $6.7B | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $7.6B | $8.2B | $7.6B | $7.7B | $7.7B | |
| Property Plant And Equipment | $70.2M | $65.3M | $52.4M | $76.2M | $72.4M | |
| Long-Term Investments | -- | $152.9M | $103.7M | $125.7M | $52.4M | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | $11M | $8.9M | $5.1M | $3.3M | $1.9M | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $7.8B | $8.5B | $7.8B | $8B | $7.9B | |
| Accounts Payable | $848.9M | $797.1M | $927.9M | $766.3M | $849.9M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $8.7M | $9.4M | $8.8M | $11.2M | $13M | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $1.4B | $1.4B | $1.6B | $1.4B | $1.6B | |
| Long-Term Debt | $122.8M | $141.4M | $23.7M | $150.4M | $138.5M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $2.4B | $2.6B | $2.4B | $2.2B | $2.4B | |
| Common Stock | $398.2M | $395.8M | $350.4M | $371.3M | $364.8M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $5.5B | $5.8B | $5.4B | $5.8B | $5.5B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $5.5B | $5.8B | $5.4B | $5.8B | $5.5B | |
| Total Liabilities and Equity | $7.8B | $8.5B | $7.8B | $8B | $7.9B | |
| Cash and Short Terms | $1.1B | $1.2B | $1.1B | $975.1M | $810.8M | |
| Total Debt | $141.2M | $150.9M | $138.9M | $161.6M | $151.5M | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $1.4B | $884.7M | $933.9M | $845.8M | $565.3M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $201.5M | $216.1M | $207.4M | $187.1M | $245.3M | |
| Inventory | $6.6B | $6.4B | $6.7B | $6.6B | $7.5B | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $8.3B | $7.6B | $7.8B | $7.7B | $8.4B | |
| Property Plant And Equipment | $71.8M | $56M | $54.7M | $73.6M | $78.6M | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $8.5B | $7.8B | $8B | $7.9B | $8.6B | |
| Accounts Payable | $1.4B | $1.3B | $1.4B | $1.3B | $1.5B | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $9.7M | $9.9M | $10.6M | $12.4M | $15.4M | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $1.6B | $1.6B | $1.5B | $1.5B | $1.8B | |
| Long-Term Debt | $119.3M | -- | $107.8M | $107.1M | $117.3M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $2.8B | $2.6B | $2.3B | $2.3B | $2.8B | |
| Common Stock | $404.4M | $353.3M | $367.4M | $368.4M | $399.6M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $5.7B | $5.2B | $5.7B | $5.6B | $5.7B | |
| Total Liabilities and Equity | $8.5B | $7.8B | $8B | $7.9B | $8.6B | |
| Cash and Short Terms | $1.4B | $884.7M | $933.9M | $845.8M | $565.3M | |
| Total Debt | $137.2M | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $362.4M | $960.2M | $1B | $581.5M | $426.7M | |
| Depreciation & Amoritzation | $21M | $21.5M | $17.9M | $15.8M | $18.3M | |
| Stock-Based Compensation | $9M | $18.2M | $17.2M | $11.1M | $11.8M | |
| Change in Accounts Receivable | -$25M | $44.1M | -$12.2M | $50M | $4.9M | |
| Change in Inventories | -$464.9M | -$403.2M | -$345.4M | -$184.8M | -$110.9M | |
| Cash From Operations | -$386.6M | $608M | $600.5M | $208.5M | $246.6M | |
| Capital Expenditures | $10.3M | $6.3M | $2.6M | $8.6M | $4.3M | |
| Cash Acquisitions | -$25.4M | -- | -- | -- | -- | |
| Cash From Investing | -$30.7M | -$28.2M | $29.1M | -$13.3M | $58.5M | |
| Dividends Paid (Ex Special Dividend) | -- | $414.7M | $398.9M | $420M | $433.7M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $17.3M | -- | -- | $108.3M | -- | |
| Long-Term Debt Repaid | -- | -$17.5M | -- | -$108.3M | -- | |
| Repurchase of Common Stock | -- | $5.8M | $186.4M | -- | $5.1M | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | $662.8M | -$442.4M | -$594.2M | -$426.1M | -$450.2M | |
| Beginning Cash (CF) | $809.1M | $1.2B | $1.1B | $975.1M | $810.8M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $245.5M | $134.8M | $38.6M | -$232.9M | -$150.1M | |
| Ending Cash (CF) | $1.1B | $1.4B | $1.2B | $740.2M | $655.5M | |
| Levered Free Cash Flow | -$396.8M | $601.7M | $597.9M | $199.9M | $242.3M | |
| 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 | $820.8M | $979.4M | $869.7M | $408.8M | $208.5M | |
| Depreciation & Amoritzation | $22.1M | $20.5M | $15.6M | $17.9M | $18.8M | |
| Stock-Based Compensation | $16.1M | $19.3M | $13.1M | $11.2M | $12M | |
| Change in Accounts Receivable | $26.7M | -$34.3M | $25.8M | -$573.7K | -$40.5M | |
| Change in Inventories | -$70.1M | -$663.8M | -$243.4M | -$19.2M | -$176.4M | |
| Cash From Operations | $762.5M | $279M | $404.8M | $309.3M | $116.4M | |
| Capital Expenditures | $8.7M | $3.2M | $1.9M | $10.8M | $7.4M | |
| Cash Acquisitions | $6.4M | -- | -- | -- | -- | |
| Cash From Investing | $4.6M | -$5M | $7.2M | $32.4M | $8.1M | |
| Dividends Paid (Ex Special Dividend) | -$210.6M | $414M | $399.5M | $426.3M | $437.7M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | $108.9M | -- | -- | |
| Long-Term Debt Repaid | -- | -$17.1M | -$108.9M | -- | -- | |
| Repurchase of Common Stock | -- | $201.8M | -- | -- | $6.6M | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -$217.9M | -$638.2M | -$409.9M | -$431.7M | -$459.1M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $548.8M | -$363.6M | $439.7K | -$91M | -$335.1M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $753.8M | $275.8M | $402.9M | $298.5M | $108.9M | |
| 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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