Jet2 plc

AIM:JET2 Stock Report

Market Cap: UK£3.4b

Jet2 Management

Management criteria checks 3/4

Jet2's CEO is Steve Heapy, appointed in Sep 2020, has a tenure of 4.25 years. total yearly compensation is £3.01M, comprised of 28.2% salary and 71.8% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth £7.31M. The average tenure of the management team and the board of directors is 10.7 years and 4.7 years respectively.

Key information

Steve Heapy

Chief executive officer

UK£3.0m

Total compensation

CEO salary percentage28.2%
CEO tenure4.3yrs
CEO ownership0.2%
Management average tenure10.7yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

An Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 27% Undervalued

Dec 10
An Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 27% Undervalued

Insufficient Growth At Jet2 plc (LON:JET2) Hampers Share Price

Oct 30
Insufficient Growth At Jet2 plc (LON:JET2) Hampers Share Price

Is Now The Time To Put Jet2 (LON:JET2) On Your Watchlist?

Oct 15
Is Now The Time To Put Jet2 (LON:JET2) On Your Watchlist?

Jet2 (LON:JET2) Is Experiencing Growth In Returns On Capital

Sep 30
Jet2 (LON:JET2) Is Experiencing Growth In Returns On Capital

A Look At The Intrinsic Value Of Jet2 plc (LON:JET2)

Aug 21
A Look At The Intrinsic Value Of Jet2 plc (LON:JET2)

Here's Why Jet2 (LON:JET2) Can Manage Its Debt Responsibly

Aug 07
Here's Why Jet2 (LON:JET2) Can Manage Its Debt Responsibly

With EPS Growth And More, Jet2 (LON:JET2) Makes An Interesting Case

Jul 12
With EPS Growth And More, Jet2 (LON:JET2) Makes An Interesting Case

The Returns At Jet2 (LON:JET2) Aren't Growing

Jun 10
The Returns At Jet2 (LON:JET2) Aren't Growing

If EPS Growth Is Important To You, Jet2 (LON:JET2) Presents An Opportunity

Mar 21
If EPS Growth Is Important To You, Jet2 (LON:JET2) Presents An Opportunity

Benign Growth For Jet2 plc (LON:JET2) Underpins Its Share Price

Mar 02
Benign Growth For Jet2 plc (LON:JET2) Underpins Its Share Price

Slowing Rates Of Return At Jet2 (LON:JET2) Leave Little Room For Excitement

Feb 14
Slowing Rates Of Return At Jet2 (LON:JET2) Leave Little Room For Excitement

Jet2 (LON:JET2) Has A Rock Solid Balance Sheet

Jan 31
Jet2 (LON:JET2) Has A Rock Solid Balance Sheet

Is There An Opportunity With Jet2 plc's (LON:JET2) 40% Undervaluation?

Jan 04
Is There An Opportunity With Jet2 plc's (LON:JET2) 40% Undervaluation?

With EPS Growth And More, Jet2 (LON:JET2) Makes An Interesting Case

Dec 11
With EPS Growth And More, Jet2 (LON:JET2) Makes An Interesting Case

Jet2 (LON:JET2) Is Due To Pay A Dividend Of £0.04

Nov 26
Jet2 (LON:JET2) Is Due To Pay A Dividend Of £0.04

Investors Will Want Jet2's (LON:JET2) Growth In ROCE To Persist

Sep 14
Investors Will Want Jet2's (LON:JET2) Growth In ROCE To Persist

We Think Jet2 (LON:JET2) Can Stay On Top Of Its Debt

Jul 28
We Think Jet2 (LON:JET2) Can Stay On Top Of Its Debt

Estimating The Fair Value Of Jet2 plc (LON:JET2)

Apr 21
Estimating The Fair Value Of Jet2 plc (LON:JET2)

Returns On Capital At Jet2 (LON:JET2) Have Hit The Brakes

Mar 25
Returns On Capital At Jet2 (LON:JET2) Have Hit The Brakes

These 4 Measures Indicate That Jet2 (LON:JET2) Is Using Debt Reasonably Well

Dec 27
These 4 Measures Indicate That Jet2 (LON:JET2) Is Using Debt Reasonably Well

The Jet2 plc (LON:JET2) Half-Year Results Are Out And Analysts Have Published New Forecasts

Nov 27
The Jet2 plc (LON:JET2) Half-Year Results Are Out And Analysts Have Published New Forecasts

Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?

Aug 17
Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?

Calculating The Intrinsic Value Of Jet2 plc (LON:JET2)

Feb 22
Calculating The Intrinsic Value Of Jet2 plc (LON:JET2)

Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?

Jan 26
Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?

Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?

Sep 26
Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?

Some Analysts Just Cut Their Jet2 plc (LON:JET2) Estimates

Jul 23
Some Analysts Just Cut Their Jet2 plc (LON:JET2) Estimates

Some Analysts Just Cut Their Jet2 plc (LON:JET2) Estimates

Jul 09
Some Analysts Just Cut Their Jet2 plc (LON:JET2) Estimates

An Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 47% Undervalued

May 31
An Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 47% Undervalued

Have Insiders Been Selling Jet2 plc (LON:JET2) Shares?

Mar 10
Have Insiders Been Selling Jet2 plc (LON:JET2) Shares?

Are Investors Undervaluing Jet2 plc (LON:JET2) By 32%?

Feb 12
Are Investors Undervaluing Jet2 plc (LON:JET2) By 32%?

Is Jet2's (LON:JET2) 135% Share Price Increase Well Justified?

Jan 17
Is Jet2's (LON:JET2) 135% Share Price Increase Well Justified?

Jet2 (LON:JET2) Has Debt But No Earnings; Should You Worry?

Nov 30
Jet2 (LON:JET2) Has Debt But No Earnings; Should You Worry?

CEO Compensation Analysis

How has Steve Heapy's remuneration changed compared to Jet2's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

UK£496m

Jun 30 2024n/an/a

UK£448m

Mar 31 2024UK£3mUK£849k

UK£399m

Dec 31 2023n/an/a

UK£415m

Sep 30 2023n/an/a

UK£431m

Jun 30 2023n/an/a

UK£361m

Mar 31 2023UK£2mUK£774k

UK£291m

Dec 31 2022n/an/a

UK£247m

Sep 30 2022n/an/a

UK£204m

Jun 30 2022n/an/a

-UK£56m

Mar 31 2022UK£1mUK£684k

-UK£315m

Dec 31 2021n/an/a

-UK£341m

Sep 30 2021n/an/a

-UK£366m

Jun 30 2021n/an/a

-UK£333m

Mar 31 2021UK£690kUK£597k

-UK£299m

Dec 31 2020n/an/a

-UK£281m

Sep 30 2020n/an/a

-UK£262m

Jun 30 2020n/an/a

-UK£75m

Mar 31 2020UK£835kUK£727k

UK£112m

Sep 30 2019n/an/a

UK£141m

Jun 30 2019n/an/a

UK£139m

Mar 31 2019UK£1mUK£530k

UK£137m

Dec 31 2018n/an/a

UK£171m

Sep 30 2018n/an/a

UK£202m

Jun 30 2018n/an/a

UK£155m

Mar 31 2018UK£1mUK£480k

UK£107m

Compensation vs Market: Steve's total compensation ($USD3.83M) is about average for companies of similar size in the UK market ($USD3.00M).

Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.

CEO

Steve Heapy (55 yo)

4.3yrs

Tenure

UK£3,014,000

Compensation

Mr. Stephen Paul Heapy, also known as Steve, has been Chief Executive Officer at Jet2holidays Ltd. since November 30, 2009 and served as Managing Director. Mr. Heapy serves as Chief Executive Officer of Je...

Leadership Team

NamePositionTenureCompensationOwnership
Stephen Heapy
CEO & Executive Director4.3yrsUK£3.01m0.21%
£ 7.3m
Gary Brown
Group CFO & Executive Director11.5yrsUK£2.31m0.11%
£ 3.8m
Daniel West
Head of Development – IT Systems Developmentno datano datano data
Ian Day
Group Company Secretary10.7yrsno datano data

10.7yrs

Average Tenure

Experienced Management: JET2's management team is seasoned and experienced (10.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stephen Heapy
CEO & Executive Director11.5yrsUK£3.01m0.21%
£ 7.3m
Gary Brown
Group CFO & Executive Director11.5yrsUK£2.31m0.11%
£ 3.8m
Simon Breakwell
Independent Non-Executive Director1.7yrsUK£73.00kno data
Richard Green
Non-Executive Director6.3yrsUK£173.00k0.0014%
£ 47.8k
Robin Terrell
Independent Non-Executive Chairman4.7yrsUK£235.00k0.0024%
£ 82.6k
Rachel Kentleton
Independent Non-Executive Directorless than a yearUK£3.00k0.00084%
£ 28.7k
Angela Luger
Independent Non-Executive Director1.4yrsUK£52.00k0.00065%
£ 22.2k

4.7yrs

Average Tenure

58yo

Average Age

Experienced Board: JET2's board of directors are considered experienced (4.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 19:12
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Jet2 plc is covered by 21 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew SimmsArden Partners Plc.
James Rowland ClarkBarclays
Damian BrewerCanaccord Genuity