UK leisure airline and package-holiday company flying from regional UK airports to European sun destinations.
UK leisure airline and package-holiday company flying from regional UK airports to European sun destinations.
Sells most seats as part of a package with the hotel and transfers, which lets it earn on the hotel margin as well as the fare and fill its own aircraft with its own demand. It flies from regional UK bases rather than the busiest hubs. Founder Philip Meeson remains a major shareholder.
In one line: A UK Southwest Airlines plus Expedia package-holiday hybrid.
Moat: narrow (scale, brand, distribution). Strong regional-airport presence and a vertically integrated flights-plus-holidays model.
Headquarters: Leeds, UK · Founded: 2002
Size Jet2 (JET2.L) is a United Kingdom Consumer Discretionary company (Other Consumer Services) with a market value of $3.61B, the 116th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £1,510 on 6 Nov 2026.
Performance Over six months the shares gained 34.1%, against +0.2% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue grew 4.3% over the last twelve months (peer median +9.5%); the operating margin is 5.9% (peer median 13.3%).
Valuation It trades at 11.1× forward earnings against a peer median of 16.4× (7th cheapest of 20).
Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £7.48B | £7.48B | £7.17B | £6.26B | £5.03B |
| Revenue growth | — | +4% | +15% | +24% | — |
| Gross profit | £868M | £868M | £899M | £841M | £708M |
| EBITDA | £732M | £732M | £729M | £677M | £579M |
| Net income | £410M | £410M | £447M | £399M | £291M |
| Free cash flow | £495M | £495M | £659M | £686M | £756M |
| Capital expenditure | £391M | £391M | £399M | £408M | £197M |
| Total debt | n/a | £1.28B | £1.14B | £1.46B | £1.38B |
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 | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Jet2 JET2.L | $3.61B | +34% | +4% | 6% | 11.1× | n/a |
| Tui TUI1.DE | $4.31B | +17% | -2% | 4% | 7.4× | -2.0% |
| easyJet EZJ.L | $6.96B | +90% | +10% | 5% | 68.9× | 4.8% |
| Ryanair Holdings PLC Sponsored ADR RYAAY | $29.5B | +2% | +9% | 13% | 17.0× | 6.4% |
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 | JET2.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +6.8% | +9.4% | 11th highest of 21 |
| 6-month return | +34.1% | +0.2% | 5th highest of 21 |
| Distance from 52-week high | -6.3% | -22.9% | 5th highest of 21 |
| Revenue growth (TTM) | +4.3% | +9.5% | 7th lowest of 21 |
| Operating margin | 5.9% | 13.3% | 3rd lowest of 21 |
| Forward P/E | 11.1× | 16.4× | 7th cheapest of 20 |
| EV / EBITDA | 0.9× | 9.9× | cheapest of 20 |
| Net debt / EBITDA | -2.8× | 1.4× | least indebted of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jet2 JET2.L | United Kingdom | $3.61B | +34% | +4% | 6% | 11.1× | n/a | n/a |
| Covista CVSA | United States | $3.67B | -18% | +9% | 20% | 12.0× | -3.7% | +16.6% |
| Marriott Vacations Worldwide VAC | United States | $3.80B | +43% | +5% | 11% | 11.4× | 7.7% | +11.8% |
| Tongcheng Travel 0780.HK | Hong Kong | $3.38B | -37% | +15% | 17% | 6.1× | -15.0% | +25.8% |
| Indian Railway Catering & Tourism IRCTC.NS | India | $3.87B | -20% | +15% | 30% | 24.2× | 28.7% | +46.4% |
| Ferrotec (An Hui) Technology Development 301297.SZ | China | $3.21B | -30% | +37% | 10% | n/a | n/a | n/a |
| Stride LRN | United States | $3.15B | -15% | +2% | 19% | 9.5× | -19.1% | +10.4% |
| OneSpaWorld OSW | United States | $3.12B | +25% | +10% | 10% | 24.5× | 19.5% | +51.4% |
| Tui TUI1.DE | Germany | $4.31B | +17% | -2% | 4% | 7.4× | -2.0% | +24.9% |
| Valvoline VVV | United States | $4.44B | -2% | +16% | 18% | 19.4× | 10.3% | -6.2% |
| Planet Fitness PLNT | United States | $4.56B | +31% | +13% | 31% | 17.3× | 4.8% | +26.6% |
| Kakaku.com 2371.T | Japan | $4.63B | +42% | +17% | 27% | 31.3× | 4.6% | +13.0% |
| Graham GHC | United States | $5.05B | +7% | +4% | 6% | 16.4× | 8.6% | +11.2% |
| Peloton Interactive PTON | United States | $2.50B | -1% | -2% | 9% | 18.7× | 7.2% | -9.5% |
| Boyd Group Services BYD.TO | Canada | $2.48B | -24% | +16% | 5% | 22.1× | 9.4% | +16.0% |
| Basic-Fit BFIT.AS | Netherlands | $2.23B | +2% | +18% | 12% | 22.0× | 6.5% | +30.4% |
| H&R Block HRB | United States | $6.45B | +43% | +5% | 24% | 8.4× | -15.4% | +2.9% |
| Driven Brands DRVN | United States | $1.96B | -11% | -11% | 15% | 9.6× | 3.3% | +15.5% |
| Park24 4666.T | Japan | $1.93B | -2% | +4% | 10% | 6.8× | -5.2% | +8.6% |
| Andersen ANDG | United States | $7.34B | +78% | +18% | 14% | 32.4× | 29.0% | +18.0% |
| Flight Centre Travel FLT.AX | Australia | $1.72B | +17% | +3% | 7% | 11.4× | 8.5% | +48.5% |