JBLU · Jetblue Airways Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $9.06B | $9.28B | $9.62B | $9.16B | $6.04B | $2.96B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $9.43B | $9.96B | $9.85B | $9.46B | $6.12B | $4.67B |
| D&A | $688.00M | $655.00M | $621.00M | $585.00M | $540.00M | $535.00M |
| Operating Income | ($368.00M) | ($684.00M) | ($230.00M) | ($298.00M) | ($80.00M) | ($1.71B) |
| Interest Expense | $588.00M | $365.00M | $7.00M | $7.00M | $6.00M | - |
| Income Tax | ($172.00M) | ($102.00M) | ($24.00M) | ($75.00M) | ($81.00M) | ($539.00M) |
| Net Income | ($602.00M) | ($795.00M) | ($310.00M) | ($362.00M) | ($182.00M) | ($1.35B) |
| EPS - Basic | ($1.66) | ($2.30) | ($0.93) | ($1.12) | ($0.57) | ($4.88) |
| EPS - Diluted | ($1.66) | ($2.30) | ($0.93) | ($1.12) | ($0.57) | ($4.88) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.95B | $1.92B | $1.17B | $1.04B | $2.02B | $1.92B |
| Accounts Receivable | $372.00M | $348.00M | $336.00M | $317.00M | $207.00M | $98.00M |
| Inventory | $193.00M | $158.00M | $109.00M | $87.00M | $74.00M | $71.00M |
| Accounts Payable | $655.00M | $619.00M | $641.00M | $532.00M | $499.00M | $365.00M |
| Current Assets | $3.24B | $4.26B | $2.16B | $1.92B | $3.25B | $3.35B |
| Total Assets | $16.57B | $16.84B | $13.85B | $13.04B | $13.64B | $13.41B |
| Current Liabilities | $4.40B | $3.88B | $3.63B | $3.75B | $3.42B | $2.67B |
| Long-term Debt | - | - | - | - | - | $4.80B |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $2.12B | $2.64B | $3.34B | $3.56B | $3.85B | $3.95B |
| Retained Earnings | $717.00M | $1.32B | $2.11B | $2.42B | $2.79B | $2.97B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($94.00M) | $144.00M | $400.00M | $379.00M | $1.64B | ($683.00M) |
| Investing Cash Flow | $658.00M | ($3.08B) | ($1.38B) | ($908.00M) | ($704.00M) | ($1.35B) |
| Financing Cash Flow | ($417.00M) | $3.77B | $1.11B | ($360.00M) | ($830.00M) | $2.98B |
| CapEx | $1.08B | $1.48B | $1.13B | $767.00M | $907.00M | $715.00M |
| Free Cash Flow | ($1.17B) | ($1.33B) | ($728.00M) | ($388.00M) | $735.00M | ($1.40B) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | -4.1% | -7.4% | -2.4% | -3.3% | -1.3% | -58.0% |
| EBITDA margin | 3.5% | -0.3% | 4.1% | 3.1% | 7.6% | -39.9% |
| Net margin | -6.6% | -8.6% | -3.2% | -4.0% | -3.0% | -45.8% |
| Free cash flow margin | -12.9% | -14.4% | -7.6% | -4.2% | 12.2% | -47.3% |
| FCF / Net income | 1.95 | 1.68 | 2.35 | 1.07 | -4.04 | 1.03 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -3.6% | -4.7% | -2.2% | -2.8% | -1.3% | -10.1% |
| Return on equity | -28.4% | -30.1% | -9.3% | -10.2% | -4.7% | -34.3% |
| Return on invested capital | - | - | - | - | - | -15.5% |
| Liquidity | ||||||
| Current ratio | 0.74 | 1.10 | 0.60 | 0.51 | 0.95 | 1.25 |
| Quick ratio | 0.69 | 1.06 | 0.57 | 0.49 | 0.93 | 1.22 |
| Cash ratio | 0.44 | 0.49 | 0.32 | 0.28 | 0.59 | 0.72 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | 1.21 |
| Debt / Assets | - | - | - | - | - | 0.36 |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -0.6x | -1.9x | -32.9x | -42.6x | -13.3x | - |
| Equity multiplier | 7.82 | 6.38 | 4.15 | 3.66 | 3.54 | 3.39 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.55 | 0.55 | 0.69 | 0.70 | 0.44 | 0.22 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 15d | 14d | 13d | 13d | 13d | 12d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | 0.8x | 1.0x | 0.6x | 0.6x | 1.2x | 1.0x |
| P / S | 0.2x | 0.3x | 0.2x | 0.2x | 0.8x | 1.4x |
| EV / EBITDA | -0.9x | - | 1.7x | 3.7x | 5.5x | - |
| Growth | ||||||
| Revenue growth (YoY) | -2.3% | -3.5% | 5.0% | 51.7% | 104.2% | -63.5% |
| Revenue CAGR (3y) | -0.4% | 15.4% | 48.1% | 4.2% | -2.8% | - |
| Revenue CAGR (5y) | 25.1% | 2.8% | 7.9% | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 46.2% | -197.4% | 22.8% | -272.5% | 95.3% | - |
| Net income growth (YoY) | 24.3% | -156.5% | 14.4% | -98.9% | 86.6% | - |
| EPS growth (YoY) | 27.8% | -147.3% | 17.0% | -96.5% | 88.3% | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 12.1% | -83.2% | -87.6% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | -1.2% | - |
| Book value growth (YoY) | -19.7% | -20.9% | -6.3% | -7.4% | -2.6% | -17.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$9.06B totalPassenger$8.34B · 92.0%
Product And Service Other$726.00M · 8.0%
Geographic
$9.06B totalDomestic Canada$5.45B · 60.2%
Caribbean And Latin America$3.14B · 34.6%
Atlantic$471.00M · 5.2%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
2/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Air Transportation, Scheduled
Comparing JETBLUE AIRWAYS CORP against the 5 most active filers in the same SIC group.