US low-cost/hybrid airline offering domestic and international flights with an emphasis on customer amenities.
US low-cost/hybrid airline offering domestic and international flights with an emphasis on customer amenities.
Earns from ticket sales, extras like seat upgrades and bags, and fees from its co-branded credit card and loyalty program, with premium cabins on New York and Boston transcontinental routes aimed at higher fares. A court blocked its planned purchase of Spirit Airlines in 2024, and it has since reworked its network around its strongest cities.
Moat: narrow (brand, installed base). Strong Northeast US and leisure-route positions, though margins trail larger network carriers.
Headquarters: Long Island City, New York, US · Founded: 1998
Size JetBlue Airways (JBLU) is a United States Industrials company (Airlines) with a market value of $1.38B, the 2047th largest of 3,117 United States companies the cockpit tracks. Shares closed at $3.67 on 6 Nov 2026.
Performance Over six months the shares fell 28.2%, against +8.0% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue grew 9.9% over the last twelve months (peer median +10.1%); the operating margin is -5.8% (peer median 7.2%).
Valuation It trades at 0.9× enterprise value to sales against a peer median of 1.1× (6th cheapest of 21).
Capital Return on invested capital runs 11.5 points below its cost of capital (6.6% WACC).
Credit JetBlue Airways has 5 bonds outstanding ($460M), rated B+ by the agencies.
Short interest Short interest is 28.4% of the free float (15 Oct 2026).
Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $9.99B | $9.06B | $9.28B | $9.62B | $9.16B |
| Revenue growth | — | -2% | -3% | +5% | — |
| Gross profit | $1.26B | $1.34B | $1.65B | $1.77B | $1.48B |
| EBITDA | $149M | $350M | $572M | $581M | $407M |
| Net income | -$1.00B | -$602M | -$795M | -$310M | -$362M |
| Free cash flow | -$1.19B | -$1.22B | -$1.48B | -$806M | -$544M |
| Capital expenditure | $969M | $1.12B | $1.62B | $1.21B | $923M |
| Total debt | $9.35B | $9.42B | $9.14B | $5.38B | $4.38B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| JetBlue Airways JBLU | $1.38B | -28% | +10% | -6% | 0.9× | n/a |
| Southwest Airlines LUV | $21.8B | +8% | +14% | 5% | 0.8× | n/a |
| Delta Air Lines DAL | $57.4B | +19% | +14% | 7% | 1.0× | 9.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | JBLU | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.4% | +6.4% | 3rd lowest of 21 |
| 6-month return | -28.2% | +8.0% | 2nd lowest of 21 |
| Distance from 52-week high | -44.6% | -25.7% | 3rd lowest of 21 |
| Revenue growth (TTM) | +9.9% | +10.1% | 11th highest of 21 |
| Operating margin | -5.8% | 7.2% | 4th lowest of 21 |
| EV / Sales | 0.9× | 1.1× | 6th cheapest of 21 |
| ROIC minus cost of capital | -11.5 pp | -0.0 pp | 4th lowest of 21 |
| Net debt / EBITDA | 52.5× | 2.2× | most indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| JetBlue Airways JBLU | United States | $1.38B | -28% | +10% | -6% | 0.9× | n/a | n/a |
| CITIC Offshore Helicopter 000099.SZ | China | $1.41B | -31% | -9% | 12% | 4.1× | 1.8% | +7.5% |
| China Express Airlines 002928.SZ | China | $1.34B | -12% | +4% | -17% | 3.4× | n/a | n/a |
| Norwegian Air Shuttle NAS.OL | Norway | $1.47B | -11% | +3% | 6% | 0.5× | -16.5% | +35.8% |
| Wizz Air WIZZ.L | United Kingdom | $1.48B | +8% | +11% | -2% | 1.1× | 3.4% | +49.5% |
| Virgin Australia VGN.AX | Australia | $1.48B | +18% | +9% | 11% | 0.5× | -13.4% | +4.9% |
| Asiana Airlines 020560.KS | South Korea | $1.21B | +13% | -17% | -12% | 1.1× | n/a | n/a |
| Finnair FIA1S.HE | Finland | $1.14B | +38% | +11% | 4% | 0.4× | -9.6% | +30.2% |
| Frontier ULCC | United States | $1.71B | +40% | +24% | -15% | 1.2× | 31.6% | +24.4% |
| Starlux Airlines 2646.TW | Taiwan | $1.76B | -6% | +23% | 1% | 2.1× | n/a | n/a |
| Milkyway Intelligent Supply Chain Service 603713.SS | China | $1.90B | +29% | +15% | 8% | 1.2× | n/a | n/a |
| Republic Airways RJET | United States | $942M | -12% | +438% | 11% | 0.8× | 2.8% | +25.2% |
| Azul S.A. Sponsored ADR AZUL | United States | $915M | +86% | +12% | 14% | 1.2× | n/a | n/a |
| Controladora Vuela Compania de Aviacion SAB de CV Sponsored ADR VLRS | United States | $850M | +3% | +19% | -5% | 1.1× | -13.7% | +23.8% |
| Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR AERO | United States | $2.32B | +1% | +10% | 11% | 0.9× | -6.6% | +32.3% |
| Allegiant Travel ALGT | United States | $2.51B | +11% | +12% | 9% | 1.6× | n/a | n/a |
| Tigerair Taiwan 6757.TW | Taiwan | $753M | +8% | +13% | 19% | 1.1× | -20.2% | +55.1% |
| SkyWest SKYW | United States | $3.02B | -10% | +7% | 14% | 1.1× | 2.2% | +13.8% |
| Juneyao Airlines 603885.SS | China | $3.42B | -8% | +8% | 1% | 2.5× | 0.4% | +17.4% |
| Chorus Aviation CHR.TO | Canada | $505M | +30% | -4% | 7% | 0.8× | 2.2% | +6.8% |
| China Airlines 2610.TW | Taiwan | $3.94B | +17% | +8% | 8% | 0.9× | n/a | n/a |
JetBlue Airways has 5 bonds outstanding with $460M face value. The agencies rate it B+.