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JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A220, Airbus A320, Airbus A320 Restyled, Airbus A321, Airbus A321 with Mint, Airbus A321neo, Airbus A321neo with Mint, and Airbus A321neoLR with Mint aircraft. It also serves 100 destinations across the United States, the Caribbean, Latin America, Canada, and Europe. In addition, it operates airport lounges, as well as provides vacation services. JetBlue Airways Corporation was incorporated in 1998 and is based in Long Island City, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $9.1B | $493M | $-602M | $-1.2B | -28.4% | -2.3% | -24.3% |
| 2024 | $9.3B | $108M | $-795M | $-1.5B | -30.1% | -3.5% | 156.5% |
| 2023 | $9.6B | $478M | $-310M | $-806M | -9.3% | 5.0% | -14.4% |
| 2022 | $9.2B | $296M | $-362M | $-544M | -10.2% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 9,158 | 9,615 | 9,279 | 9,062 |
| Cost Of Revenue | - | 7,771 | 7,920 | 7,640 | 7,721 |
| Gross Profit | - | 1,387 | 1,695 | 1,639 | 1,341 |
| Operating Expense | - | 1,572 | 1,728 | 1,732 | 1,679 |
| Operating Income | - | -185 | -33 | -93 | -338 |
| EBITDA | - | 296 | 478 | 108 | 493 |
| EBIT | - | -289 | -143 | -547 | -195 |
| Pretax Income | - | -437 | -334 | -897 | -774 |
| Tax Provision | - | -75 | -24 | -102 | -172 |
| Net Income | - | -362 | -310 | -795 | -602 |
| Net Income Common Stockholders | - | -362 | -310 | -795 | -602 |
| Total Expenses | - | 9,343 | 9,648 | 9,372 | 9,400 |
| Interest Expense | - | 148 | 191 | 350 | 579 |
| Interest Income | - | 21 | 70 | 111 | 127 |
| Selling General And Administration | - | 289 | 316 | 328 | 305 |
| Normalized EBITDA | - | 418 | 666 | 704 | 505 |
| Normalized Income | - | -260.94 | -135.51 | -266.77 | -592.67 |
| Market Cap | 1,960.54 | 1,960.54 | 1,960.54 | 1,960.54 | 1,960.54 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| JetBlue Airways Corporationthis co. | JBLU | - | -3.26 | 0.92 | -28.4% | 19.13 |
| The Eastern Company | EML | $134M | 22.70 | 1.08 | 5.7% | 9.14 |
| DMC Global Inc. | BOOM | $129M | - | 0.53 | -4.2% | 9.35 |
| Byrna Technologies Inc. | BYRN | $128M | 15.72 | 1.93 | 14.7% | 9.07 |
| JELD-WEN Holding, Inc. | JELD | $123M |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.33 |
| -673.6% |
| 29.19 |
| Forrester Research, Inc. | FORR | $121M | - | 0.95 | -94.3% | 3.10 |
| Arq, Inc. | ARQ | $96M | - | 0.57 | -31.3% | 34.71 |
| Mobile Infrastructure Corporation | BEEP | $80M | - | 0.55 | -13.5% | 26.61 |
| Southland Holdings, Inc. | SLND | $60M | - | -0.42 | 231.3% | -1.74 |
| Peer Median | - | 19.21 | 0.76 | -8.8% | 9.25 | |