Jet2 plc

BATS-CHIXE:JET2L Stock Report

Market Cap: UK£2.8b

Jet2 Management

Management criteria checks 4/4

Jet2's CEO is Steve Heapy, appointed in Sep 2020, has a tenure of 5.08 years. total yearly compensation is £3.19M, comprised of 28.2% salary and 71.8% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth £5.62M. The average tenure of the management team and the board of directors is 11.5 years and 5.5 years respectively.

Key information

Steve Heapy

Chief executive officer

UK£3.2m

Total compensation

CEO salary percentage28.24%
CEO tenure5.1yrs
CEO ownership0.2%
Management average tenure11.5yrs
Board average tenure5.5yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Steve Heapy's remuneration changed compared to Jet2's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025UK£3mUK£900k

UK£447m

Dec 31 2024n/an/a

UK£471m

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

Compensation vs Market: Steve's total compensation ($USD4.28M) is about average for companies of similar size in the UK market ($USD3.39M).

Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.

CEO

Steve Heapy (56 yo)

5.1yrs
Tenure
UK£3,187,000
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 Director5.1yrsUK£3.19m0.20%
£ 5.6m
Gary Brown
Group CFO & Executive Director12.3yrsUK£2.44m0.097%
£ 2.7m
Daniel West
Head of Development – IT Systems Developmentno datano datano data
Ian Day
Group Company Secretary11.5yrsno datano data
11.5yrs
Average Tenure

Experienced Management: JET2L's management team is seasoned and experienced (11.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stephen Heapy
CEO & Executive Director12.3yrsUK£3.19m0.20%
£ 5.6m
Gary Brown
Group CFO & Executive Director12.3yrsUK£2.44m0.097%
£ 2.7m
Simon Breakwell
Independent Non-Executive Director2.5yrsUK£85.00k0.00060%
£ 16.8k
Richard Green
Non-Executive Director7.1yrsUK£148.00k0.0015%
£ 41.9k
Robin Terrell
Independent Non-Executive Chairman5.5yrsUK£320.00k0.0069%
£ 192.7k
Rachel Kentleton
Senior Independent Non-Executive Director1.6yrsUK£83.00k0.00090%
£ 25.2k
Angela Luger
Independent Non-Executive Director2.3yrsUK£80.00k0.00070%
£ 19.6k
5.5yrs
Average Tenure
59yo
Average Age

Experienced Board: JET2L's board of directors are considered experienced (5.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/07 02:39
End of Day Share Price 2025/10/07 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

Jet2 plc is covered by 24 analysts. 11 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
Andrew LobbenbergBarclays