Market Summary
USD6.82-0.01
Delayedas of 26 May 2023, 03:08 pm-0.15%
JBLU Stock Price
JBLU RSI Chart
JBLU Valuation
JBLU Price/Sales (Trailing)
JBLU Profitability
JBLU Fundamentals
JBLU Revenue
JBLU Earnings
Price Action
52 Week Range
6.1810.97
(Low)(High)
Last 7 days
-5.4%
Last 30 days
0.7%
Last 90 days
-16.2%
Trailing 12 Months
-33.4%
JBLU Financial Health
JBLU Investor Care
Peers (Alternatives to JetBlue Airways)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
FDX | 59.7B | 92.6B | -0.17% | 10.72% | 17.9 | 0.63 | 1.02% | -41.74% |
DAL | 24.5B | 54.0B | 7.97% | -7.38% | 298.7 | 0.53 | 53.83% | 267.44% |
LUV | 17.4B | 24.8B | -6.55% | -30.39% | 30.36 | 0.7 | 34.69% | -26.67% |
UAL | 15.6B | 48.8B | 11.74% | 10.21% | 8.11 | 0.32 | 68.46% | 196.77% |
AAL | 9.4B | 52.3B | 11.99% | -10.85% | 5.3 | 0.18 | 50.29% | 174.49% |
| MID-CAP | ||||||||
ALK | 5.7B | 9.6B | 6.16% | -0.09% | 97.31 | 0.6 | 56.19% | -87.34% |
AAWW | 2.9B | 4.5B | 0.24% | 22.01% | 8.22 | 0.64 | 12.86% | -27.86% |
JBLU | 2.2B | 9.8B | 0.74% | -33.43% | -7.49 | 0.23 | 38.47% | -57.37% |
| SMALL-CAP | ||||||||
ALGT | 1.8B | 2.5B | -0.97% | -26.70% | 707.48 | 0.77 | 27.09% | -98.36% |
SAVE | 1.6B | 5.5B | -14.41% | -21.64% | -3.42 | 0.29 | 45.87% | 16.50% |
ATSG | 1.2B | 2.1B | -11.57% | -40.80% | 7.3 | 0.6 | 11.75% | -29.30% |
SKYW | 1.2B | 3.0B | 23.68% | 21.06% | 16.55 | 0.4 | 1.63% | -34.81% |
HA | 414.4M | 2.8B | -1.35% | -48.72% | -2.02 | 0.15 | 46.79% | 5.66% |
AIRT | 77.2M | 224.4M | 10.41% | 70.94% | -30.69 | 0.34 | 30.18% | -139.59% |
MESA | 68.6M | 529.0M | -16.75% | -37.64% | -0.4 | 0.13 | 0.40% | -181.76% |
Financials for JetBlue Airways
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 6.5% | 9,750 | 9,158 | 8,577 | 7,987 | 7,041 |
| S&GA Expenses | 6.6% | 308 | 289 | 269 | 248 | 217 |
| Costs and Expenses | 4.9% | 9,923 | 9,456 | 9,037 | 8,400 | 7,194 |
| EBITDA | 136.5% | 272 | 115 | 191 | 404 | - |
| EBITDA Margin | 121.5% | 0.03* | 0.01* | 0.02* | 0.06* | - |
| Earnings Before Taxes | 30.0% | -306 | -437 | -607 | -522 | -314 |
| EBT Margin | 32.6% | -0.05* | -0.07* | -0.07* | -0.04* | - |
| Interest Expenses | -11.3% | 110 | 124 | 145 | 143 | 160 |
| Net Income | 17.4% | -299 | -362 | -515 | -442 | -190 |
| Net Income Margin | 34.2% | -0.04* | -0.06* | -0.06* | -0.03* | - |
| Free Cahsflow | 82.2% | 379 | 208 | 283 | 1,712 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 1.4% | 13,227 | 13,045 | 13,330 | 13,543 | 13,803 |
| Current Assets | 9.5% | 2,098 | 1,916 | 2,611 | 2,994 | 3,272 |
| Cash Equivalents | 27.9% | 1,333 | 1,042 | 1,401 | 1,611 | 1,834 |
| Inventory | -12.6% | 76.00 | 87.00 | 79.00 | 73.00 | 68.00 |
| Net PPE | 0.1% | 9,158 | 9,147 | 9,037 | 8,904 | 8,857 |
| Current Liabilities | 7.0% | 4,010 | 3,748 | 3,903 | 4,065 | 4,026 |
| Long Term Debt | 7.2% | 3,316 | 3,093 | 3,235 | 3,394 | 3,545 |
| Shareholder's Equity | -5.3% | 3,373 | 3,563 | 3,507 | 3,446 | 3,598 |
| Retained Earnings | -7.9% | 2,232 | 2,424 | 2,400 | 2,343 | 2,531 |
| Additional Paid-In Capital | 0.3% | 3,139 | 3,129 | 3,102 | 3,095 | 3,058 |
| Shares Outstanding | 0.3% | 328 | 327 | 324 | 324 | 321 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 41.7% | 537 | 379 | 208 | 283 | 1,712 |
| Share Based Compensation | -3.3% | 29.00 | 30.00 | 30.00 | 29.00 | 31.00 |
| Cashflow From Investing | 32.4% | -614 | -908 | -616 | -467 | -1,090 |
| Cashflow From Financing | 4.2% | -345 | -360 | -360 | -588 | -1,131 |
Risks for JBLU
What is the probability of a big loss on JBLU?
91.9%
Probability that JetBlue Airways stock will be more than 20% underwater in next one year
60.8%
Probability that JetBlue Airways stock will be more than 30% underwater in next one year.
43.9%
Probability that JetBlue Airways stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does JBLU drawdown profile look like?
Y-axis is the maximum loss one would have experienced if JetBlue Airways was unfortunately bought at previous high price.
Drawdowns
Returns for JBLU
Cumulative Returns on JBLU
0.7%
10-Year Cumulative Returns
-12.7%
7-Year Cumulative Returns
-18.8%
5-Year Cumulative Returns
-9.6%
3-Year Cumulative Returns
What are the long-term rolling returns for JBLU?
FIve years rolling returns for JetBlue Airways.
Annualized Returns
Which funds bought or sold JBLU recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-23 | Toroso Investments, LLC | added | 91.17 | 2,901,000 | 5,428,000 | 0.09% |
2023-05-22 | AMERIPRISE FINANCIAL INC | added | 52.18 | 10,249,900 | 24,693,900 | 0.01% |
2023-05-22 | PUTNAM INVESTMENTS LLC | reduced | -1.52 | 136,531 | 3,926,270 | 0.01% |
2023-05-19 | Coppell Advisory Solutions LLC | sold off | -100 | -13.00 | - | -% |
2023-05-18 | JPMORGAN CHASE & CO | reduced | -51.18 | -5,467,850 | 6,643,150 | -% |
2023-05-18 | CENTAURUS FINANCIAL, INC. | reduced | -12.97 | -2,000 | 76,000 | 0.01% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -8.73 | 49,000 | 1,958,000 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | unchanged | - | 379,000 | 7,672,000 | 0.01% |
2023-05-17 | Thrivent Financial for Lutherans | reduced | -22.74 | -3,361,000 | 14,590,000 | 0.04% |
2023-05-17 | DONALD SMITH & CO., INC. | added | 14.28 | 17,674,400 | 79,936,700 | 2.95% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
JetBlue Airways News
Schedule 13G FIlings of JetBlue Airways
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 9.76% | 31,605,973 | SC 13G/A | |
| Jan 27, 2023 | blackrock inc. | 8.9% | 28,862,995 | SC 13G/A | |
| Jan 25, 2023 | blackrock inc. | 8.9% | 28,862,995 | SC 13G/A | |
| Feb 10, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 03, 2022 | blackrock inc. | 8.1% | 25,806,918 | SC 13G/A | |
| Nov 08, 2021 | primecap management co/ca/ | 4.97% | 15,815,756 | SC 13G/A | |
| Feb 12, 2021 | primecap management co/ca/ | 5.54% | 17,426,825 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 8.64% | 27,182,298 | SC 13G/A | |
| Feb 08, 2021 | fmr llc | - | 0 | SC 13G/A |
JBLU Fair Value
JetBlue Airways fair value in different scenarios
The table shows the Fair Value estimates for JetBlue Airways for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 8.58 25.81% | 11.01 61.44% | 17.57 157.62% | 21.78 219.35% | 24.98 266.28% |
| Current Inflation | 8.00 17.30% | 10.14 48.68% | 15.78 131.38% | 19.36 183.87% | 22.06 223.46% |
| Very High Inflation | 7.27 6.60% | 9.06 32.84% | 13.63 99.85% | 16.50 141.94% | 18.64 173.31% |
Historical JetBlue Airways Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of JetBlue Airways
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 22, 2023 | 8-K | Current Report | |
| May 19, 2023 | 8-K | Current Report | |
| May 12, 2023 | 8-K | Current Report | |
| May 05, 2023 | 8-K | Current Report | |
| May 01, 2023 | 4 | Insider Trading | |
| May 01, 2023 | 4 | Insider Trading | |
| May 01, 2023 | 4 | Insider Trading | |
| May 01, 2023 | 4 | Insider Trading | |
| May 01, 2023 | 4 | Insider Trading | |
| May 01, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for JBLU
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-04-28 | Hayes Robin | acquired | 19,177 | 5.908 | 3,246 | ceo |
2023-04-28 | Clark David Christopher | acquired | 6,581 | 5.908 | 1,114 | head of revenue and planning |
2023-04-28 | Hurley Ursula L | acquired | 17,588 | 5.908 | 2,977 | chief financial officer |
2023-04-28 | Geraghty Joanna | acquired | 18,368 | 5.908 | 3,109 | president coo |
2023-02-24 | Geraghty Joanna | sold (taxes) | -130,853 | 8.2153 | -15,928 | president coo |
2023-02-24 | Hayes Robin | acquired | - | - | 43,012 | ceo |
2023-02-24 | Hayes Robin | sold (taxes) | -172,015 | 8.21154 | -20,948 | ceo |
2023-02-24 | Nelson Brandon | acquired | - | - | 9,539 | general counsel corp sec |
2023-02-24 | Nelson Brandon | sold (taxes) | -31,522 | 8.19819 | -3,845 | general counsel corp sec |
2023-02-24 | Clark David Christopher | acquired | - | - | 6,701 | head of revenue and planning |
JetBlue Airways Corporation provides air passenger transportation services. As of December 31, 2021, the company operated a fleet of 63 Airbus A321 aircraft, 8 Airbus A220 aircraft, 21 Airbus A321neo aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 107 destinations in the 31 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 24 countries in the Caribbean and Latin America. JetBlue Airways Corporation has a strategic partnership with American Airlines Group Inc. to create connectivity for travelers in the Northeast. The company was incorporated in 1998 and is based in Long Island City, New York.
JBLU Income Statement
2023-03-31Consolidated Statements of Operations - USD ($) $ in Millions | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| Revenues [Abstract] | ||
| Total revenue | $ 2,328 | $ 1,736 |
| OPERATING EXPENSES | ||
| Aircraft fuel and related taxes | 765 | 571 |
| Salaries, wages and benefits | 741 | 688 |
| Landing fees and other rents | 160 | 132 |
| Depreciation and amortization | 151 | 143 |
| Aircraft rent | 32 | 26 |
| Sales and marketing | 76 | 57 |
| Maintenance, materials and repairs | 176 | 152 |
| Other operating expenses | 357 | 334 |
| Special items | 112 | 0 |
| Total operating expenses | 2,570 | 2,103 |
| OPERATING LOSS | (242) | (367) |
| OTHER INCOME (EXPENSE) | ||
| Interest expense | (46) | (37) |
| Interest income | 17 | 4 |
| Gain on investments, net | 3 | 2 |
| Other income | 2 | 0 |
| Total other expense | (24) | (31) |
| LOSS BEFORE INCOME TAXES | (266) | (398) |
| Income tax benefit | (74) | (143) |
| NET LOSS | $ (192) | $ (255) |
| LOSS PER COMMON SHARE: | ||
| Basic (in dollars per share) | $ (0.58) | $ (0.79) |
| Diluted (in dollars per share) | $ (0.58) | $ (0.79) |
| Retained Earnings | ||
| OTHER INCOME (EXPENSE) | ||
| NET LOSS | $ (192) | $ (255) |
| Passenger | ||
| Revenues [Abstract] | ||
| Total revenue | 2,182 | 1,603 |
| Other | ||
| Revenues [Abstract] | ||
| Total revenue | $ 146 | $ 133 |
JBLU Balance Sheet
2023-03-31Consolidated Balance Sheets - USD ($) $ in Millions | Mar. 31, 2023 | Dec. 31, 2022 |
|---|---|---|
| CURRENT ASSETS | ||
| Cash and cash equivalents | $ 1,333 | $ 1,042 |
| Investment securities | 204 | 350 |
| Receivables, less allowance (2023-$3; 2022-$4) | 331 | 317 |
| Inventories, less allowance (2023-$30; 2022-$29) | 76 | 87 |
| Prepaid expenses and other | 154 | 120 |
| Total current assets | 2,098 | 1,916 |
| PROPERTY AND EQUIPMENT | ||
| Flight equipment | 11,889 | 11,727 |
| Predelivery deposits for flight equipment | 398 | 415 |
| Total flight equipment and predelivery deposits, gross | 12,287 | 12,142 |
| Less accumulated depreciation | 3,689 | 3,578 |
| Total flight equipment and predelivery deposits, net | 8,598 | 8,564 |
| Other property and equipment | 1,309 | 1,314 |
| Less accumulated depreciation | 749 | 731 |
| Total other property and equipment, net | 560 | 583 |
| Total property and equipment, net | 9,158 | 9,147 |
| OPERATING LEASE ASSETS | 637 | 660 |
| OTHER ASSETS | ||
| Investment securities | 153 | 172 |
| Restricted cash | 146 | 146 |
| Intangible assets, less accumulated amortization (2023-$469; 2022-$455) | 310 | 298 |
| Other | 725 | 706 |
| Total other assets | 1,334 | 1,322 |
| TOTAL ASSETS | 13,227 | 13,045 |
| CURRENT LIABILITIES | ||
| Accounts payable | 626 | 532 |
| Air traffic liability | 1,926 | 1,581 |
| Accrued salaries, wages and benefits | 543 | 498 |
| Other accrued liabilities | 554 | 486 |
| Current operating lease liabilities | 98 | 97 |
| Current maturities of long-term debt and finance lease obligations | 263 | 554 |
| Total current liabilities | 4,010 | 3,748 |
| LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS | 3,316 | 3,093 |
| LONG-TERM OPERATING LEASE LIABILITIES | 616 | 639 |
| DEFERRED TAXES AND OTHER LIABILITIES | ||
| Deferred income taxes | 692 | 770 |
| Air traffic liability - non-current | 731 | 738 |
| Other | 489 | 494 |
| Total deferred taxes and other liabilities | 1,912 | 2,002 |
| COMMITMENTS AND CONTINGENCIES (Note 6) | ||
| STOCKHOLDERS’ EQUITY | ||
| Preferred stock, $0.01 par value; 25 shares authorized, none issued | 0 | 0 |
| Common stock, $0.01 par value; 900 shares authorized, 487 and 486 shares issued and 328 and 327 shares outstanding at March 31, 2023 and December 31, 2022, respectively | 5 | 5 |
| Treasury stock, at cost; 159 shares at March 31, 2023 and December 31, 2022 | (1,998) | (1,995) |
| Additional paid-in capital | 3,139 | 3,129 |
| Retained earnings | 2,232 | 2,424 |
| Accumulated other comprehensive loss | (5) | 0 |
| Total stockholders’ equity | 3,373 | 3,563 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $ 13,227 | $ 13,045 |