Cash flow JetBlue Airways Corporation

Equities

JBLU

US4771431016

Airlines

Market Closed - Nasdaq Other stock markets 04:00:00 2025-12-12 pm EST			5-day change	1st Jan Change
4.940 ^USD	+1.02%		+3.13%	-37.15%

01:46am	PRESS DIGEST- New York Times business news - December 15	RE
Dec. 11	JetBlue Improves Connectivity to Florida From New York, Boston With New Daily Flights	MT

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Published financial data: JETBLUE AIRWAYS CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2.73B	5.61B	8.59B	9.01B	8.62B
Other Revenues, Total	224M	428M	572M	607M	662M
Total Revenues	2.96B	6.04B	9.16B	9.62B	9.28B
Cost of Goods Sold, Total	3.55B	5.15B	7.1B	7.21B	6.98B
Gross Profit	-590M	890M	2.06B	2.4B	2.29B
Selling General & Admin Expenses, Total	110M	183M	289M	316M	328M
Depreciation & Amortization - (IS)	535M	540M	585M	621M	655M
Other Operating Expenses	762M	1.08B	1.37B	1.5B	1.4B
Other Operating Expenses, Total	1.41B	1.8B	2.24B	2.44B	2.39B
Operating Income	-2B	-913M	-185M	-33M	-93M
Interest Expense, Total	-166M	-192M	-166M	-210M	-350M
Interest And Investment Income	-	17M	39M	89M	111M
Net Interest Expenses	-166M	-175M	-127M	-121M	-239M
Income (Loss) On Equity Invest.	-	-	-	-	-
Other Non Operating Income (Expenses)	-13M	-52M	-3M	8M	31M
EBT, Excl. Unusual Items	-2.18B	-1.14B	-315M	-146M	-301M
Restructuring Charges	-59M	-	-	-	-17M
Merger & Related Restructuring Charges	-	-	-28M	-92M	-532M
Gain (Loss) On Sale Of Investments	-	44M	-9M	9M	-27M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-273M	-	-52M	-	-15M
Insurance Settlements	-	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	615M	833M	-33M	-105M	-5M
EBT, Incl. Unusual Items	-1.89B	-263M	-437M	-334M	-897M
Income Tax Expense	-539M	-81M	-75M	-24M	-102M
Earnings From Continuing Operations	-1.35B	-182M	-362M	-310M	-795M
Net Income to Company	-1.35B	-182M	-362M	-310M	-795M
Net Income - (IS)	-1.35B	-182M	-362M	-310M	-795M
Net Income to Common Incl Extra Items	-1.35B	-182M	-362M	-310M	-795M
Net Income to Common Excl. Extra Items	-1.35B	-182M	-362M	-310M	-795M
Per Share Items
Net EPS - Basic	-4.88	-0.57	-1.12	-0.93	-2.3
Basic EPS - Continuing Operations	-4.88	-0.57	-1.12	-0.93	-2.3
Basic Weighted Average Shares Outstanding	278M	318M	324M	333M	346M
Net EPS - Diluted	-4.88	-0.57	-1.12	-0.93	-2.3
Diluted EPS - Continuing Operations	-4.88	-0.57	-1.12	-0.93	-2.3
Diluted Weighted Average Shares Outstanding	278M	318M	324M	333M	346M
Normalized Basic EPS	-4.9	-2.24	-0.61	-0.27	-0.54
Normalized Diluted EPS	-4.9	-2.24	-0.61	-0.27	-0.54
Supplemental Items
EBITDA	-1.51B	-418M	349M	526M	490M
EBITA	-2B	-913M	-185M	-33M	-93M
EBIT	-2B	-913M	-185M	-33M	-93M
EBITDAR	-1.07B	310M	1.03B	1.29B	1.22B
Total Revenues (As Reported)	2.96B	6.04B	9.16B	9.62B	9.28B
Effective Tax Rate - (Ratio)	28.47	30.8	17.16	7.19	11.37
Current Domestic Taxes	-208M	8M	-3M	-2M	-
Current Foreign Taxes	-2M	-1M	1M	5M	8M
Total Current Taxes	-210M	7M	-2M	3M	8M
Deferred Domestic Taxes	-329M	-88M	-73M	-49M	-121M
Deferred Foreign Taxes	-	-	-	22M	11M
Total Deferred Taxes	-329M	-88M	-73M	-27M	-110M
Normalized Net Income	-1.36B	-712M	-197M	-91.25M	-188M
Interest Capitalized	13M	-	-	-	15M
Interest on Long-Term Debt	179M	192M	166M	210M	365M
Supplemental Operating Expense Items
Advertising Expense	45M	45M	59M	66M	79M
Selling and Marketing Expenses	110M	183M	289M	316M	328M
Net Rental Expense, Total	438M	728M	679M	763M	728M
Imputed Operating Lease Interest Expense	141M	212M	196M	263M	293M
Imputed Operating Lease Depreciation	297M	516M	483M	500M	435M
Maintenance & Repair Expenses, Total	441M	626M	591M	654M	628M
Stock-Based Comp., COGS (Total)	28M	28M	30M	39M	39M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	28M	28M	30M	39M	39M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.92B	2.02B	1.04B	1.17B	1.92B
Short Term Investments	1.14B	824M	350M	401M	1.69B
Total Cash And Short Term Investments	3.05B	2.84B	1.39B	1.57B	3.61B
Accounts Receivable, Total	98M	207M	317M	336M	348M
Total Receivables	98M	207M	317M	336M	348M
Inventory	71M	74M	87M	109M	158M
Prepaid Expenses	123M	124M	120M	144M	142M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	-	-	-	4M	-
Total Current Assets	3.34B	3.25B	1.92B	2.16B	4.26B
Gross Property Plant And Equipment	12.26B	13.1B	13.7B	14.7B	16B
Accumulated Depreciation	-3.48B	-3.89B	-4.31B	-4.82B	-5.1B
Net Property Plant And Equipment	8.78B	9.21B	9.39B	9.88B	10.89B
Long-term Investments	36M	71M	210M	206M	510M
Other Intangibles, Total	261M	284M	298M	349M	399M
Other Long-Term Assets, Total	981M	834M	1.23B	1.26B	783M
Total Assets	13.41B	13.64B	13.04B	13.85B	16.84B
Liabilities
Accounts Payable, Total	365M	499M	532M	641M	619M
Accrued Expenses, Total	624M	839M	984M	1.1B	1.2B
Current Portion of Long-Term Debt	413M	354M	552M	307M	377M
Current Portion of Leases	150M	107M	99M	117M	108M
Unearned Revenue Current, Total	1.12B	1.62B	1.58B	1.46B	1.57B
Other Current Liabilities	-	-	-	-	-
Total Current Liabilities	2.67B	3.42B	3.75B	3.63B	3.88B
Long-Term Debt	4.04B	3.3B	2.75B	2.76B	5.82B
Long-Term Leases	1.13B	1.04B	980M	2.2B	2.83B
Unearned Revenue Non Current	616M	640M	738M	740M	653M
Deferred Tax Liability Non Current	922M	843M	770M	743M	633M
Other Non Current Liabilities	78M	552M	494M	449M	376M
Total Liabilities	9.46B	9.79B	9.48B	10.52B	14.2B
Common Stock, Total	5M	5M	5M	5M	5M
Additional Paid In Capital	2.96B	3.05B	3.13B	3.22B	3.32B
Retained Earnings	2.97B	2.79B	2.42B	2.11B	1.32B
Treasury Stock	-1.98B	-1.99B	-2B	-2B	-2B
Comprehensive Income and Other	-	-	-	-4M	2M
Total Common Equity	3.95B	3.85B	3.56B	3.34B	2.64B
Total Equity	3.95B	3.85B	3.56B	3.34B	2.64B
Total Liabilities And Equity	13.41B	13.64B	13.04B	13.85B	16.84B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	316M	320M	327M	339M	353M
ECS Total Common Shares Outstanding	316M	320M	327M	340M	353M
Book Value / Share	12.5	12.03	10.9	9.81	7.48
Tangible Book Value	3.69B	3.56B	3.26B	2.99B	2.24B
Tangible Book Value Per Share	11.68	11.14	9.98	8.79	6.35
Total Debt	5.73B	4.8B	4.38B	5.38B	9.14B
Net Debt	2.68B	1.96B	2.99B	3.81B	5.53B
Debt Equivalent Oper. Leases	3.5B	5.82B	5.43B	6.1B	5.82B
Equity Method Investments, Total	34M	32M	38M	43M	77M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Others	98M	98M	116M	144M	201M
Machinery, Total	10.26B	11.16B	11.73B	12.8B	14.1B
Full Time Employees	20K	22K	24K	24K	23K
Accumulated Allowance for Doubtful Accounts (Supple)	2M	3M	4M	3M	6M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-1.35B	-182M	-362M	-310M	-795M
Depreciation & Amortization - CF	491M	495M	534M	559M	583M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	491M	495M	534M	559M	583M
Amortization of Deferred Charges, Total - (CF)	44M	45M	51M	62M	72M
(Gain) Loss From Sale Of Asset	106M	-	-	-	-17M
(Gain) Loss on Sale of Investments - (CF)	-	-49M	12M	-	21M
Asset Writedown & Restructuring Costs	273M	-	-	-	-
Stock-Based Compensation (CF)	28M	28M	30M	39M	39M
Other Operating Activities, Total	-278M	-40M	-32M	-27M	318M
Change In Accounts Receivable	144M	-46M	-111M	-3M	4M
Change In Inventories	52M	138M	201M	67M	2M
Change In Accounts Payable	-255M	806M	26M	141M	-28M
Change in Unearned Revenues	66M	447M	30M	-145M	-10M
Change in Other Net Operating Assets	-	-	-	17M	-45M
Cash from Operations	-683M	1.64B	379M	400M	144M
Capital Expenditure	-791M	-995M	-923M	-1.21B	-1.62B
Cash Acquisitions	-	-	-297M	-131M	-22M
Investment in Marketable and Equity Securities, Total	-767M	296M	321M	-42M	-1.46B
Other Investing Activities, Total	209M	-5M	-9M	1M	22M
Cash from Investing	-1.35B	-704M	-908M	-1.38B	-3.08B
Short Term Debt Issued, Total	981M	-	-	-	-
Long-Term Debt Issued, Total	2.9B	1.01B	-	1.41B	4.46B
Total Debt Issued	3.88B	1.01B	-	1.41B	4.46B
Short Term Debt Repaid, Total	-1B	-	-	-	-
Long-Term Debt Repaid, Total	-372M	-1.89B	-369M	-347M	-748M
Total Debt Repaid	-1.37B	-1.89B	-369M	-347M	-748M
Issuance of Common Stock	620M	46M	52M	53M	60M
Repurchase of Common Stock	-167M	-8M	-6M	-4M	-6M
Other Financing Activities, Total	26M	14M	-37M	-4M	-
Cash from Financing	2.98B	-830M	-360M	1.11B	3.77B
Net Change in Cash	951M	108M	-889M	129M	831M
Supplemental Items
Cash Interest Paid	139M	180M	124M	80M	-
Cash Income Tax Paid (Refund)	5M	3M	-45M	-49M	2M
Levered Free Cash Flow	-1.49B	-386M	-507M	-660M	-1.06B
Unlevered Free Cash Flow	-1.39B	-266M	-404M	-529M	-846M
Change In Net Working Capital	-86M	-732M	-20M	-38M	-137M
Net Debt Issued / Repaid	2.5B	-882M	-369M	1.06B	3.71B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-9.86	-4.22	-0.87	-0.15	-0.38
Return on Total Capital	-14.16	-6.23	-1.39	-0.25	-0.57
Return On Equity %	-30.95	-4.67	-9.77	-8.99	-26.6
Return on Common Equity	-30.95	-4.67	-9.77	-8.99	-26.6
Margin Analysis
Gross Profit Margin %	-19.95	14.74	22.46	24.99	24.72
SG&A Margin	3.72	3.03	3.16	3.29	3.53
EBITDA Margin %	-50.93	-6.92	3.81	5.47	5.28
EBITA Margin %	-67.53	-15.12	-2.02	-0.34	-1
EBIT Margin %	-67.53	-15.12	-2.02	-0.34	-1
Income From Continuing Operations Margin %	-45.79	-3.01	-3.95	-3.22	-8.57
Net Income Margin %	-45.79	-3.01	-3.95	-3.22	-8.57
Net Avail. For Common Margin %	-45.79	-3.01	-3.95	-3.22	-8.57
Normalized Net Income Margin	-45.99	-11.8	-2.15	-0.95	-2.03
Levered Free Cash Flow Margin	-50.52	-6.39	-5.54	-6.86	-11.48
Unlevered Free Cash Flow Margin	-47.01	-4.4	-4.41	-5.5	-9.12
Asset Turnover
Asset Turnover	0.23	0.45	0.69	0.71	0.6
Fixed Assets Turnover	0.33	0.67	0.98	1	0.89
Receivables Turnover (Average Receivables)	16.61	36.78	32.77	27.59	25.2
Inventory Turnover (Average Inventory)	46.67	70.99	88.21	73.59	52.32
Short Term Liquidity
Current Ratio	1.25	0.95	0.51	0.6	1.1
Quick Ratio	1.18	0.89	0.46	0.52	1.02
Operating Cash Flow to Current Liabilities	-0.26	0.48	0.1	0.11	0.04
Days Sales Outstanding (Average Receivables)	22.03	9.92	11.14	13.23	14.53
Days Outstanding Inventory (Average Inventory)	7.84	5.14	4.14	4.96	6.99
Average Days Payable Outstanding	39.63	30.62	26.45	29.59	32.78
Cash Conversion Cycle (Average Days)	-9.76	-15.55	-11.17	-11.4	-11.26
Long Term Solvency
Total Debt/Equity	144.98	124.76	123.01	161.22	346.16
Total Debt / Total Capital	59.18	55.51	55.16	61.72	77.59
LT Debt/Equity	130.73	112.78	104.74	148.52	327.79
Long-Term Debt / Total Capital	53.36	50.18	46.97	56.85	73.47
Total Liabilities / Total Assets	70.53	71.79	72.69	75.91	84.32
EBIT / Interest Expense	-12.03	-4.76	-1.11	-0.16	-0.27
EBITDA / Interest Expense	-6.43	1.61	6.19	6.14	3.48
(EBITDA - Capex) / Interest Expense	-11.2	-3.57	0.63	0.4	-1.15
Total Debt / EBITDA	-5.36	15.49	4.26	4.17	7.51
Net Debt / EBITDA	-2.5	6.32	2.91	2.96	4.54
Total Debt / (EBITDA - Capex)	-3.08	-7.01	41.74	64.82	-22.8
Net Debt / (EBITDA - Capex)	-1.44	-2.86	28.49	45.94	-13.8
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-63.47	104.16	51.7	4.99	-3.49
Gross Profit, 1 Yr. Growth %	-121.57	-250.85	131.12	16.82	-0.95
EBITDA, 1 Yr. Growth %	-217.02	-72.24	-183.49	50.72	-6.84
EBITA, 1 Yr. Growth %	-345.33	-54.28	-79.74	-82.16	181.82
EBIT, 1 Yr. Growth %	-345.33	-54.28	-79.74	-82.16	181.82
Earnings From Cont. Operations, 1 Yr. Growth %	-337.96	-86.56	98.9	-14.36	156.45
Net Income, 1 Yr. Growth %	-337.96	-86.56	98.9	-14.36	156.45
Normalized Net Income, 1 Yr. Growth %	-378.26	-47.61	-72.44	-53.65	106.16
Diluted EPS Before Extra, 1 Yr. Growth %	-355.5	-88.27	95.69	-16.86	146.99
Accounts Receivable, 1 Yr. Growth %	-57.58	111.22	53.14	5.99	3.57
Inventory, 1 Yr. Growth %	-12.35	4.23	17.57	25.29	44.95
Net Property, Plant and Equip., 1 Yr. Growth %	-3.41	4.82	2.02	5.14	10.29
Total Assets, 1 Yr. Growth %	12.49	1.76	-4.38	6.19	21.57
Tangible Book Value, 1 Yr. Growth %	-19.04	-3.39	-8.03	-8.48	-24.97
Common Equity, 1 Yr. Growth %	-17.67	-2.58	-7.43	-6.34	-20.86
Cash From Operations, 1 Yr. Growth %	-147.14	-340.41	-76.92	5.54	-64
Capital Expenditures, 1 Yr. Growth %	-31.57	25.79	-7.24	30.66	34.25
Levered Free Cash Flow, 1 Yr. Growth %	-7.91K	-74.33	32.26	30.06	64.33
Unlevered Free Cash Flow, 1 Yr. Growth %	-2.43K	-80.89	53.11	30.97	60.06
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-37.86	-13.64	75.98	26.2	0.66
Gross Profit, 2 Yr. CAGR %	-51.65	-42.96	86.72	64.32	7.86
EBITDA, 2 Yr. CAGR %	15.75	-43.01	-51.86	12.18	18.49
EBITA, 2 Yr. CAGR %	68.78	5.91	-69.56	-80.99	-29.1
EBIT, 2 Yr. CAGR %	68.78	5.91	-69.56	-80.99	-29.1
Earnings From Cont. Operations, 2 Yr. CAGR %	167.66	-43.44	-48.29	30.51	48.19
Net Income, 2 Yr. CAGR %	167.66	-43.44	-48.29	30.51	48.19
Normalized Net Income, 2 Yr. CAGR %	82.41	21.91	-61.95	-64.26	-2.25
Diluted EPS Before Extra, 2 Yr. CAGR %	185.19	-45.26	-52.09	27.56	43.3
Accounts Receivable, 2 Yr. CAGR %	-31.85	-5.34	79.85	27.4	4.78
Inventory, 2 Yr. CAGR %	-4.59	-4.42	10.7	21.37	34.76
Net Property, Plant and Equip., 2 Yr. CAGR %	0.21	0.62	3.41	3.57	7.68
Total Assets, 2 Yr. CAGR %	10.6	6.99	-1.36	0.77	13.62
Tangible Book Value, 2 Yr. CAGR %	-10.33	-11.56	-5.94	-8.26	-17.13
Common Equity, 2 Yr. CAGR %	-8.17	-10.44	-5.04	-6.89	-13.91
Cash From Operations, 2 Yr. CAGR %	-24.56	6.45	-25.51	-50.64	-38.36
Capital Expenditures, 2 Yr. CAGR %	-15.74	-7.22	8.02	10.09	32.44
Levered Free Cash Flow, 2 Yr. CAGR %	357.49	509.66	-41.88	31.15	46.51
Unlevered Free Cash Flow, 2 Yr. CAGR %	540.6	110.85	-46.12	41.61	44.79
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-25.01	-7.62	4.2	48.15	15.41
Gross Profit, 3 Yr. CAGR %	-39.01	-29.35	-9.06	59.7	37.11
EBITDA, 3 Yr. CAGR %	3.56	-28.09	-35.27	-29.58	5.44
EBITA, 3 Yr. CAGR %	27.08	9.21	-38.97	-74.53	-53.3
EBIT, 3 Yr. CAGR %	27.08	9.21	-38.97	-74.53	-53.3
Earnings From Cont. Operations, 3 Yr. CAGR %	5.9	-1.25	-13.99	-38.82	63.47
Net Income, 3 Yr. CAGR %	5.9	-1.25	-13.99	-38.82	63.47
Normalized Net Income, 3 Yr. CAGR %	33.33	20.35	-25.67	-59.37	-35.9
Diluted EPS Before Extra, 3 Yr. CAGR %	12.25	-1.56	-16.3	-42.43	58.99
Accounts Receivable, 3 Yr. CAGR %	-26.32	-0.64	11.13	50.79	18.91
Inventory, 3 Yr. CAGR %	8.88	-1.74	2.41	15.36	28.77
Net Property, Plant and Equip., 3 Yr. CAGR %	3.84	1.72	1.08	3.98	5.76
Total Assets, 3 Yr. CAGR %	11.08	7.57	3.06	1.1	7.27
Tangible Book Value, 3 Yr. CAGR %	-7.35	-8.07	-10.52	-6.79	-14.2
Common Equity, 3 Yr. CAGR %	-5.84	-6.34	-9.45	-5.47	-11.8
Cash From Operations, 3 Yr. CAGR %	-20.88	11.02	-36.05	-16.33	-55.57
Capital Expenditures, 3 Yr. CAGR %	-13.02	-3.7	-7.23	15.1	17.62
Levered Free Cash Flow, 3 Yr. CAGR %	64.6	75.47	265.69	-23.98	40.54
Unlevered Free Cash Flow, 3 Yr. CAGR %	67.3	98.67	89.04	-27.55	47.51
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-14.35	-1.72	5.49	4.66	2.77
Gross Profit, 5 Yr. CAGR %	-25.52	-20.38	-4.58	-0.98	-3.46
EBITDA, 5 Yr. CAGR %	0	-23.74	-23.77	-14.09	-17.56
EBITA, 5 Yr. CAGR %	10.39	-6.59	-28.25	-45.73	-35.2
EBIT, 5 Yr. CAGR %	10.82	-6.24	-28.25	-45.73	-35.2
Earnings From Cont. Operations, 5 Yr. CAGR %	14.87	-24.19	-20.5	10.4	6.92
Net Income, 5 Yr. CAGR %	14.87	-24.19	-20.5	10.4	6.92
Normalized Net Income, 5 Yr. CAGR %	15.12	-0.42	-19.26	-25.91	-17.06
Diluted EPS Before Extra, 5 Yr. CAGR %	19.83	-23.12	-20.15	9.19	3.79
Accounts Receivable, 5 Yr. CAGR %	-6.34	3.77	5.29	9.75	8.54
Inventory, 5 Yr. CAGR %	10.04	9.5	9.61	6.92	14.3
Net Property, Plant and Equip., 5 Yr. CAGR %	6.27	5.49	3.67	2.46	3.67
Total Assets, 5 Yr. CAGR %	9.17	7.91	5.93	4.8	7.16
Tangible Book Value, 5 Yr. CAGR %	3.43	-1.86	-6.79	-8.22	-13.23
Common Equity, 5 Yr. CAGR %	4.24	-0.83	-5.52	-6.56	-11.26
Cash From Operations, 5 Yr. CAGR %	-15.63	0.12	-22.76	-19.73	-36.98
Capital Expenditures, 5 Yr. CAGR %	-3.41	-0.32	-5.15	1.6	6.97
Levered Free Cash Flow, 5 Yr. CAGR %	43.34	-0.28	8.66	56.02	152.5
Unlevered Free Cash Flow, 5 Yr. CAGR %	33.99	-10.22	6.34	73.24	69.91