Jet2 Past Earnings Performance

Past criteria checks 4/6

Jet2 has been growing earnings at an average annual rate of 51%, while the Airlines industry saw earnings growing at 42.1% annually. Revenues have been growing at an average rate of 34.2% per year. Jet2's return on equity is 27.8%, and it has net margins of 7.2%.

Key information

51.0%

Earnings growth rate

48.6%

EPS growth rate

Airlines Industry Growth0.5%
Revenue growth rate34.2%
Return on equity27.8%
Net Margin7.2%
Last Earnings Update30 Sep 2024

Recent past performance 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?

Revenue & Expenses Breakdown

How Jet2 makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

AIM:JET2 Revenue, expenses and earnings (GBP Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,9334962750
30 Jun 246,5944482700
31 Mar 246,2553992640
31 Dec 236,0644152370
30 Sep 235,8734313360
30 Jun 235,4533612730
31 Mar 235,0342912100
31 Dec 224,7022471050
30 Sep 224,37020400
30 Jun 222,801-5600
31 Mar 221,232-31500
31 Dec 21878-34100
30 Sep 21525-36600
30 Jun 21460-33300
31 Mar 21395-29900
31 Dec 20876-28100
30 Sep 201,356-26200
30 Jun 202,470-7500
31 Mar 203,58511200
30 Sep 193,24614100
30 Jun 193,10513900
31 Mar 192,96413700
31 Dec 183,05917100
30 Sep 182,97520200
30 Jun 182,67715500
31 Mar 182,38010700
31 Dec 172,26111300
30 Sep 172,14112000
30 Jun 171,9359800
31 Mar 171,7297700
31 Dec 161,6769100
30 Sep 161,62210600
30 Jun 161,5149700
31 Mar 161,4058900
31 Dec 151,3909100
30 Sep 151,3759400
30 Jun 151,3146300
31 Mar 151,2533300
31 Dec 141,2443300
30 Sep 141,2353300
30 Jun 141,1783400
31 Mar 141,1203600
31 Dec 131,0964200

Quality Earnings: JET2 has high quality earnings.

Growing Profit Margin: JET2's current net profit margins (7.2%) are lower than last year (7.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: JET2's earnings have grown significantly by 51% per year over the past 5 years.

Accelerating Growth: JET2's earnings growth over the past year (15.2%) is below its 5-year average (51% per year).

Earnings vs Industry: JET2 earnings growth over the past year (15.2%) exceeded the Airlines industry 14.7%.


Return on Equity

High ROE: JET2's Return on Equity (27.8%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

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

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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