JetBlue Airways Corp (JBLU)

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.

Ticker: JBLU
Exchange: Nasdaq
Sector: Industrials
Industry: Airlines
Market cap: $1.38B
52-week range: $2.16 - $6.62

Valuation

Share price: $3.67 (close of Nov 6, 2026)
P/E (TTM): -1.37x
Price to book: 1.03x
Price to free cash flow: -1.22x
Enterprise value: $9.47B
Book value per share: $3.55

Price performance

Period	Change
1 day	+5.16%
5 days	+28.77%
1 month	-8.93%
3 months	-40.71%
6 months	-27.18%
Year to date	-19.34%
1 year	-13.65%
3 years	-14.65%
5 years	-77.23%
10 years	-78.42%
All time	-72.47%

Short interest

As of: Oct 15, 2026
Short % of float: 32.87%
Shares short: 106.98M
Days to cover: 4.42
Change since prior report: +9.20%
Source: FINRA consolidated short interest

Super investors holding JBLU

Carl Icahn (Icahn Capital Management) · Ken Griffin (Citadel)

Profitability and growth

Return on equity: -28.40%
Return on invested capital: -1.70%
Return on assets: -3.63%
Return on capital employed: -3.02%
Net margin: -6.64%
EBITDA margin: 3.53%
Revenue growth: -2.34%

Cash flow and balance sheet

Free cash flow yield (TTM): -82.03%
Current ratio: 0.63x
Net debt to EBITDA: 37.27x

Latest reported year

Period end: Dec 31, 2025
Fiscal year: 2025
Revenue: $9.06B
EBITDA: $320.00M
Net income: -$602.00M
Earnings per share: $-1.66
Interest expense: $588.00M
Shares outstanding: 362.10M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$9.06B	-	-$602.00M	-$1.66
2024-12-31	$9.28B	-	-$795.00M	-$2.30
2023-12-31	$9.62B	$86.00M	-$310.00M	-$0.93
2022-12-31	$9.16B	-	-$362.00M	-$1.12
2021-12-31	$6.04B	$103.00M	-$182.00M	-$0.57
2020-12-31	$2.96B	-	-$1.35B	-$4.88
2019-12-31	$8.09B	$1.09B	$569.00M	$1.92
2018-12-31	$7.66B	$560.00M	$189.00M	$0.60
2017-12-31	$7.01B	$1.24B	$1.14B	$3.47
2016-12-31	$6.58B	$1.52B	$727.00M	$2.23

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	-	-6.64%	-28.40%	-1.70%
2024-12-31	-	-8.57%	-30.10%	-4.94%
2023-12-31	0.89%	-3.22%	-9.29%	-2.36%
2022-12-31	-	-3.95%	-10.16%	-2.81%
2021-12-31	1.71%	-3.01%	-4.73%	-0.46%
2020-12-31	-	-45.79%	-34.27%	-11.67%
2019-12-31	13.47%	7.03%	11.86%	7.32%
2018-12-31	7.31%	2.47%	4.03%	3.15%
2017-12-31	17.74%	16.26%	23.73%	16.01%
2016-12-31	23.13%	11.04%	18.48%	15.34%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$1.95B	$7.73B
2024-12-31	$1.92B	$8.15B
2023-12-31	$1.17B	$4.41B
2022-12-31	$1.04B	$3.09B
2021-12-31	$2.02B	$3.65B
2020-12-31	$3.10B	$4.80B
2019-12-31	$959.00M	$2.25B
2018-12-31	$474.00M	$1.56B
2017-12-31	$303.00M	$1.07B
2016-12-31	$433.00M	$1.24B

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	-$1.17B	$40.00M
2024-12-31	-$1.33B	$39.00M
2023-12-31	-$728.00M	$39.00M
2022-12-31	-$388.00M	$30.00M
2021-12-31	$735.00M	$28.00M
2020-12-31	-$1.40B	$28.00M
2019-12-31	$517.00M	$31.00M
2018-12-31	$292.00M	$28.00M
2017-12-31	$305.00M	$29.00M
2016-12-31	$782.00M	$23.00M

Investor relations

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-10-26	Sep 2026	-$0.55
2026-07-28	Jun 2026	-$0.70
2026-04-28	Mar 2026	-$0.72
2026-01-27	Dec 2025	-$0.45
2025-10-28	Sep 2025	-$0.43
2025-07-29	Jun 2025	-$0.31
2025-04-29	Mar 2025	-$0.61
2025-01-28	Dec 2024	-$0.30

Filings and sources

Company website: jetblue.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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