JetBlue Airways (JBLU) | Financial Analysis & Statements

JetBlue Airways Corporation | Small-cap | Industrials

$4.30

-3.59%

JetBlue Airways vs Delta Air Lines JetBlue Airways vs United Airlines JetBlue Airways vs Air Transport JetBlue Airways vs Allegiant Travel JetBlue Airways vs Frontier JetBlue Airways vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 9.3B

Gross Profit 1.6B 17.66%

Operating Income -93.0M -1.00%

Net Income -795.0M -8.57%

EPS (Diluted) -$2.30

Balance Sheet Metrics

Total Assets 16.8B

Total Liabilities 14.2B

Shareholders Equity 2.6B

Debt to Equity 5.38

Cash Flow Metrics

Operating Cash Flow 173.0M

Free Cash Flow -1.5B

Revenue & Profitability Trend

JetBlue Airways Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	9.3B	9.6B	9.2B	6.0B	3.0B
Cost of Goods Sold	7.6B	7.8B	7.7B	5.7B	4.1B
Gross Profit	1.6B	1.8B	1.5B	350.0M	-1.1B
Operating Expenses	1.7B	1.8B	1.7B	1.3B	872.0M
Operating Income	-93.0M	-33.0M	-185.0M	-913.0M	-2.0B
Pre-tax Income	-897.0M	-334.0M	-437.0M	-263.0M	-1.9B
Income Tax	-102.0M	-24.0M	-75.0M	-81.0M	-539.0M
Net Income	-795.0M	-310.0M	-362.0M	-182.0M	-1.4B
EPS (Diluted)	-$2.30	-$0.93	-$1.12	-$0.57	-$4.91

Income Statement Trend

JetBlue Airways Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	4.3B	2.2B	1.9B	3.2B	3.3B
Non-Current Assets	12.6B	11.7B	11.1B	10.4B	10.1B
Total Assets	16.8B	13.9B	13.0B	13.6B	13.4B
Liabilities
Current Liabilities	3.9B	3.6B	3.7B	3.4B	2.7B
Non-Current Liabilities	10.3B	6.9B	5.7B	6.4B	6.8B
Total Liabilities	14.2B	10.5B	9.5B	9.8B	9.5B
Equity
Total Shareholders Equity	2.6B	3.3B	3.6B	3.8B	4.0B

Balance Sheet Composition

JetBlue Airways Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	-795.0M	-310.0M	-362.0M	-182.0M	-1.4B
Operating Cash Flow	173.0M	259.0M	341.0M	835.0M	-767.0M
Investing Activities
Capital Expenditures	-141.0M	-78.0M	-156.0M	-88.0M	133.0M
Investing Cash Flow	-1.6B	-250.0M	-141.0M	203.0M	-634.0M
Financing Activities
Dividends Paid	-	-	-	-	-
Financing Cash Flow	3.8B	1.1B	-360.0M	-844.0M	2.0B
Free Cash Flow	-1.5B	-806.0M	-544.0M	647.0M	-1.5B

Cash Flow Trend

JetBlue Airways Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 41.30

Forward P/E -6.41

Price to Book 0.59

Price to Sales 0.16

PEG Ratio -6.41

Profitability Ratios

Profit Margin -3.12%

Operating Margin -8.13%

Return on Equity -11.30%

Return on Assets -0.45%

Financial Health

Current Ratio 1.01

Debt to Equity 385.03

Beta 1.82

Per Share Data

EPS (TTM) -$0.78

Book Value per Share $6.90

Revenue per Share $26.35

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
jblu	1.5B	41.30	0.59	-11.30%	-3.12%	385.03
Delta Air Lines	32.1B	8.72	2.06	27.52%	5.91%	151.36
United Airlines	25.8B	7.19	2.05	33.57%	6.34%	260.98
Air Transport	1.5B	56.20	0.99	1.92%	1.40%	107.99
Allegiant Travel	916.8M	17.54	0.80	-17.02%	-8.11%	187.96
Frontier	798.3M	11.68	1.40	12.90%	1.78%	840.53

Financial data is updated regularly. All figures are in the company's reporting currency.