Financials JetBlue Airways Corporation

Equities

JBLU

US4771431016

Airlines

Market Closed - Nasdaq Other stock markets 04:00:00 2025-05-23 pm EDT			5-day change	1st Jan Change
4.930 ^USD	0.00%		-2.76%	-37.28%

May. 23	JetBlue Airways Adds Boston-Madrid, Boston-Edinburgh Flights in Transatlantic Expansion	MT
May. 21	US air traffic control system failing Americans, airline CEOs say	RE

Projected Income Statement: JetBlue Airways Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	2,957	6,037	9,158	9,615	9,279	9,012	9,747	10,490
Change	-	104.16%	51.7%	4.99%	-3.49%	-2.87%	8.16%	7.62%
EBITDA ¹	-1,377	-274	514	714	654	441.9	772	1,302
Change	-	80.1%	287.59%	38.91%	-8.4%	-32.44%	74.72%	68.61%
EBIT ¹	-1,997	-913	-185	-33	-93	-358	-42.35	436.6
Change	-	54.28%	79.74%	82.16%	-181.82%	-284.95%	88.17%	1,131.06%
Interest Paid ¹	-166	-192	-166	-210	-365	-597	-540	-
Earnings before Tax (EBT) ¹	-1,893	-263	-437	-334	-897	-816.1	-370.2	221
Change	-	86.11%	-66.16%	23.57%	-168.56%	9.02%	54.64%	159.7%
Net income ¹	-1,362	-182	-362	-310	-795	-620.9	-311.1	-102.2
Change	-	86.64%	-98.9%	14.36%	-156.45%	21.9%	49.9%	67.14%
Announcement Date	1/28/21	1/27/22	1/26/23	1/30/24	1/28/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	215	492	661	733	1,499	1,972	1,834	1,736	2,445	2,562	2,415	2,328	2,610	2,353	2,325	2,209	2,428	2,365	2,277	2,140	2,261	2,294	2,260	2,312	2,540	2,528	2,418
Change	-	128.84%	34.35%	10.89%	104.5%	31.55%	-7%	-5.34%	40.84%	4.79%	-5.74%	-3.6%	12.11%	-9.85%	-1.19%	-4.99%	9.91%	-2.59%	-3.72%	-6.02%	5.66%	1.48%	-1.48%	2.29%	9.87%	-0.5%	-4.33%
EBITDA ¹	-558	-366	-370	-433	-60	165	55	-198	103	329	281	-59	448	65	149	28	246	175	205	13	129	130.6	162.8	115.5	-	-	-
Change	-	34.41%	-1.09%	-17.03%	86.14%	375%	-66.67%	-460%	152.02%	219.42%	-14.59%	-121%	859.32%	-85.49%	129.23%	-81.21%	778.57%	-28.86%	17.14%	-93.66%	891.97%	1.24%	24.69%	-29.05%	-	-	-
EBIT ¹	-714	-516	-523	-583	-219	-	-111	-367	-69	152	100	-130	259	-123	-38	-157	58	-11	18	-174	-72.61	-83.02	-40.19	-48.57	92.05	44.29	-20.31
Change	-	27.73%	-1.36%	-11.47%	62.44%	-	-	-230.63%	81.2%	320.29%	-34.21%	-230%	299.23%	-147.49%	69.11%	-313.16%	136.94%	-118.97%	263.64%	-1,066.67%	58.27%	-14.34%	51.59%	-20.84%	289.52%	-51.88%	-145.85%
Charge d'intérêts ¹	-40	-56	-56	-58	-54	-42	-39	-37	-40	-44	-45	-46	-47	-53	-65	-53	-63	-100	-150	-148	-150	-150	-150	-	-	-	-
Earnings before Tax (EBT) ¹	-450	-578	-512	-347	57	190	-163	-398	-151	105	7	-266	216	-174	-110	-767	31	-78	-82	-271	-176.6	-188.5	-146.1	-	-	-	-
Change	-	-28.44%	11.42%	32.23%	116.43%	233.33%	-185.79%	-144.17%	62.06%	169.54%	-93.33%	-3,900%	181.2%	-180.56%	36.78%	-597.27%	104.04%	-351.61%	-5.13%	-230.49%	34.85%	-6.78%	22.49%	-	-	-	-
Net income ¹	-320	-393	-381	-247	64	130	-129	-255	-188	57	24	-192	138	-153	-104	-716	25	-60	-44	-208	-133.4	-144.5	-134	-130.9	-4.905	-47.75	-96.84
Change	-	-22.81%	3.05%	35.17%	125.91%	103.12%	-199.23%	-97.67%	26.27%	130.32%	-57.89%	-900%	171.88%	-210.87%	32.03%	-588.46%	103.49%	-340%	26.67%	-372.73%	35.86%	-8.3%	7.27%	2.28%	96.25%	-873.62%	-102.8%
Announcement Date	7/28/20	10/27/20	1/28/21	4/27/21	7/27/21	10/26/21	1/27/22	4/26/22	8/2/22	10/25/22	1/26/23	4/25/23	8/1/23	10/31/23	1/30/24	4/23/24	7/30/24	10/29/24	1/28/25	4/29/25	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: JetBlue Airways Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	1,810	1,164	-	4,214	7,221	6,475	6,691	5,998
Change	-	-35.69%	-	-	71.36%	-10.33%	3.34%	-10.36%
Announcement Date	1/28/21	1/27/22	1/26/23	1/30/24	1/28/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: JetBlue Airways Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	791	995	767	1,128	1,478	1,294	1,111	858.8
Change	-	25.79%	-22.91%	47.07%	31.03%	-12.43%	-14.13%	-22.73%
Free Cash Flow (FCF) ¹	-1,474	647	-388	-728	-1,334	-993	-460.4	570
Change	-	143.89%	-159.97%	-87.63%	-83.24%	25.56%	53.64%	223.81%
Announcement Date	1/28/21	1/27/22	1/26/23	1/30/24	1/28/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: JetBlue Airways Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-46.57%	-4.54%	5.61%	7.43%	7.05%	4.9%	7.92%	12.41%
EBIT Margin (%)	-67.53%	-15.12%	-2.02%	-0.34%	-1%	-3.97%	-0.43%	4.16%
EBT Margin (%)	-64.02%	-4.36%	-4.77%	-3.47%	-9.67%	-9.06%	-3.8%	2.11%
Net margin (%)	-46.06%	-3.01%	-3.95%	-3.22%	-8.57%	-6.89%	-3.19%	-0.97%
FCF margin (%)	-49.85%	10.72%	-4.24%	-7.57%	-14.38%	-11.02%	-4.72%	5.43%
FCF / Net Income (%)	108.22%	-355.49%	107.18%	234.84%	167.8%	159.94%	148.01%	-557.74%
Profitability
ROA	-11.76%	-5.89%	-1.95%	-1.12%	-1.6%	-3.2%	-1.57%	1.03%
ROE	-39.89%	-20.44%	-7.02%	-4.38%	-8.2%	-23.39%	-13.03%	-3.06%
Financial Health
Leverage (Debt/EBITDA)	-1.31x	-4.25x	-	5.9x	11.04x	14.65x	8.67x	4.61x
Debt / Free cash flow	-1.23x	1.8x	-	-5.79x	-5.41x	-6.52x	-14.53x	10.52x
Capital Intensity
CAPEX / Current Assets (%)	26.75%	16.48%	8.38%	11.73%	15.93%	14.36%	11.4%	8.19%
CAPEX / EBITDA (%)	-57.44%	-363.14%	149.22%	157.98%	225.99%	292.92%	143.97%	65.98%
CAPEX / FCF (%)	-53.66%	153.79%	-197.68%	-154.95%	-110.79%	-130.34%	-241.41%	150.67%
Items per share
Cash flow per share ¹	-2.444	5.164	1.173	1.202	0.4162	0.7529	1.685	3.249
Change	-	311.3%	-77.29%	2.47%	-65.36%	80.9%	123.79%	92.83%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	12.5	12.03	10.9	10.02	7.482	6.185	5.971	7.052
Change	-	-3.8%	-9.41%	-8%	-25.36%	-17.34%	-3.45%	18.1%
EPS ¹	-4.91	-0.57	-1.12	-0.93	-2.3	-1.718	-0.8178	-0.0838
Change	-	88.39%	-96.49%	16.96%	-147.31%	25.33%	52.38%	89.76%
Nbr of stocks (in thousands)	314,459	318,031	323,878	333,289	346,877	354,340	354,340	354,340
Announcement Date	1/28/21	1/27/22	1/26/23	1/30/24	1/28/25	-	-	-