JetBlue Airways (JBLU)
Market Price (9/18/2025): $5.08 | Market Cap: $1.8 BilSector: Industrials | Industry: Passenger Airlines
JetBlue Airways (JBLU)
Market Price (9/18/2025): $5.08Market Cap: $1.8 BilSector: IndustrialsIndustry: Passenger Airlines
Investment Highlights
Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -44% | Weak multi-year price returns2Y Excs Rtn is -45%, 3Y Excs Rtn is -100% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -138 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1.5% |
Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 15% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 347% | |
Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 262x | ||
Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.9%, Rev Chg QQuarterly Revenue Change % is -3.0% | ||
Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -14% | ||
Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -26% |
Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -44% |
Weak multi-year price returns2Y Excs Rtn is -45%, 3Y Excs Rtn is -100% |
Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 15% |
Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -138 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1.5% |
Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 347% |
Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 262x |
Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.9%, Rev Chg QQuarterly Revenue Change % is -3.0% |
Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -14% |
Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -26% |
Market Valuation
9/18/25 | 2024 | 2023 | 2022 | 2021 | |
---|---|---|---|---|---|
Share Price CYE | $5.08 | $7.86 | $5.55 | $6.48 | $14.24 |
Market Cap CYE ($ Bil) | 1.8 | 2.8 | 1.9 | 2.1 | 4.6 |
Total Debt ($ Bil) | 9.4 | 9.1 | 5.4 | 4.4 | 4.8 |
Total Cash ($ Bil) | 3.1 | 3.6 | 1.6 | 1.4 | 2.8 |
Enterprise Value ($ Bil) | 8.2 | 11.9 | 7.3 | 6.5 | 9.4 |
Valuation Ratios | |||||
P/S TTM | 0.2 | 0.3 | 0.2 | 0.2 | 0.8 |
P/EBIT TTM | 262.2 | -5.0 | -12.9 | -7.3 | -63.8 |
P/E TTM | -4.8 | -3.4 | -6.0 | -5.8 | -24.9 |
Sector Ratios | |||||
P/S TTM (Sector) | 1.7 | 1.4 | 1.4 | 1.1 | 1.6 |
P/EBIT TTM (Sector) | 11.3 | 10.2 | 10.0 | 8.3 | 12.1 |
P/E TTM (Sector) | 16.6 | 13.7 | 13.9 | 11.2 | 15.6 |
9/18/25 | 2024 | 2023 | |
---|---|---|---|
Share Price CYE | $5.08 | $7.86 | $5.55 |
Market Cap CYE ($ Bil) | 1.8 | 2.8 | 1.9 |
Total Debt ($ Bil) | 9.4 | 9.1 | 5.4 |
Total Cash ($ Bil) | 3.1 | 3.6 | 1.6 |
Enterprise Value ($ Bil) | 8.2 | 11.9 | 7.3 |
Valuation Ratios | |||
P/S TTM | 0.2 | 0.3 | 0.2 |
P/EBIT TTM | 262.2 | -5.0 | -12.9 |
P/E TTM | -4.8 | -3.4 | -6.0 |
Sector Ratios | |||
P/S TTM (Sector) | 1.7 | 1.4 | 1.4 |
P/EBIT TTM (Sector) | 11.3 | 10.2 | 10.0 |
P/E TTM (Sector) | 16.6 | 13.7 | 13.9 |
Business Description
JetBlue Airways Corporation provides air passenger transportation services. As of December 31, 2021, the company operated a fleet of 63 Airbus A321 aircraft, 8 Airbus A220 aircraft, 21 Airbus A321neo aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 107 destinations in the 31 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S.
Show more
Price Returns Compared
Expand for Detailed View2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
---|---|---|---|---|---|---|---|
Returns | |||||||
JBLU Return | -22% | -2% | -54% | -14% | 42% | -35% | -73% |
Peers Return | -33% | 1% | -20% | 4% | 60% | -7% | -15% |
S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 12% | 104% |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: DAL, UAL, LUV, AAL, ALK. See JBLU Returns vs. Peers.
[3] 2025 data is for the year up to 9/17/2025 (YTD)
Latest Trefis Analyses
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for JetBlue Airways
Financials
Median | |
---|---|
Name | |
Mkt Price | 45.30 |
Mkt Cap | 12.8 |
Rev LTM | 40,861 |
Op Inc LTM | 1,775 |
FCF LTM | 778 |
FCF 3Y Avg | 281 |
CFO LTM | 2,972 |
CFO 3Y Avg | 2,692 |
Growth & Margins
Median | |
---|---|
Name | |
Rev Chg LTM | 2.3% |
Rev Chg 3Y Avg | 12.8% |
Rev Chg Q | 0.2% |
QoQ Delta Rev Chg LTM | 0.0% |
Op Mgn LTM | 5.5% |
Op Mgn 3Y Avg | 6.9% |
QoQ Delta Op Mgn LTM | -0.4% |
CFO/Rev LTM | 9.1% |
CFO/Rev 3Y Avg | 8.8% |
FCF/Rev LTM | 1.4% |
FCF/Rev 3Y Avg | -0.8% |
Valuation
Median | |
---|---|
Name | |
Mkt Cap | 12.8 |
P/S | 0.6 |
P/EBIT | 8.8 |
P/E | 12.4 |
P/CFO | 4.2 |
Total Yield | 5.8% |
Dividend Yield | 0.0% |
FCF Yield 3Y Avg | -0.5% |
D/E | 0.9 |
Net D/E | 0.6 |
Returns
Median | |
---|---|
Name | |
1M Rtn | -0.1% |
3M Rtn | 23.9% |
6M Rtn | 8.4% |
12M Rtn | 21.5% |
3Y Rtn | 15.4% |
1M Excs Rtn | -2.5% |
3M Excs Rtn | 12.3% |
6M Excs Rtn | -5.3% |
12M Excs Rtn | 6.9% |
3Y Excs Rtn | -53.8% |
Comparison Analyses
Returns Analyses
Earnings Returns History
Expand for MoreForward Returns | |||
---|---|---|---|
Earnings Date | 1D Returns | 5D Returns | 21D Returns |
7/29/2025 | 6.7% | -0.5% | 22.0% |
4/29/2025 | 2.7% | 14.7% | 28.3% |
1/28/2025 | -25.7% | -25.3% | -17.3% |
10/29/2024 | -17.1% | -22.0% | -19.3% |
7/30/2024 | 12.3% | -9.8% | -18.0% |
4/23/2024 | -18.8% | -21.4% | -24.5% |
1/30/2024 | -4.7% | 1.5% | 16.7% |
10/31/2023 | -10.5% | 2.4% | 6.0% |
... | |||
SUMMARY STATS | |||
# Positive | 8 | 10 | 13 |
# Negative | 16 | 14 | 11 |
Median Positive | 4.6% | 2.9% | 14.9% |
Median Negative | -5.9% | -6.5% | -17.3% |
Max Positive | 12.3% | 14.7% | 70.7% |
Max Negative | -25.7% | -25.3% | -24.7% |
SEC Filings
Expand for MoreReport Date | Filing Date | Filing |
---|---|---|
6302025 | 7292025 | 10-Q 6/30/2025 |
3312025 | 4292025 | 10-Q 3/31/2025 |
12312024 | 2142025 | 10-K 12/31/2024 |
9302024 | 10292024 | 10-Q 9/30/2024 |
6302024 | 7302024 | 10-Q 6/30/2024 |
3312024 | 4252024 | 10-Q 3/31/2024 |
12312023 | 2122024 | 10-K 12/31/2023 |
9302023 | 10312023 | 10-Q 9/30/2023 |
6302023 | 8012023 | 10-Q 6/30/2023 |
3312023 | 4282023 | 10-Q 3/31/2023 |
12312022 | 2272023 | 10-K 12/31/2022 |
9302022 | 11022022 | 10-Q 9/30/2022 |
6302022 | 8052022 | 10-Q 6/30/2022 |
3312022 | 4292022 | 10-Q 3/31/2022 |
12312021 | 2222022 | 10-K 12/31/2021 |
9302021 | 11012021 | 10-Q 9/30/2021 |
External Quote Links
Y Finance | Barrons |
TradingView | Morningstar |
SeekingAlpha | ValueLine |
Motley Fool | Robinhood |
CNBC | Etrade |
MarketWatch | Unusual Whales |
YCharts | Perplexity Finance |
FinViz |