JetBlue Airways
Market Cap
US$5.8b
Last Updated
2021/03/01 00:39 UTC
Data Sources
Company Financials +
Executive Summary
JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential and fair value.
Similar Companies
Share Price & News
How has JetBlue Airways's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JBLU is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: JBLU's weekly volatility has decreased from 13% to 6% over the past year.
Market Performance
7 Day Return
6.0%
JBLU
8.0%
US Airlines
-3.6%
US Market
1 Year Return
16.8%
JBLU
15.7%
US Airlines
36.5%
US Market
Return vs Industry: JBLU exceeded the US Airlines industry which returned 15.7% over the past year.
Return vs Market: JBLU underperformed the US Market which returned 36.4% over the past year.
Shareholder returns
| JBLU | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.0% | 8.0% | -3.6% |
| 30 Day | 28.5% | 32.1% | 2.7% |
| 90 Day | 22.1% | 25.6% | 7.5% |
| 1 Year | 16.8%16.8% | 15.9%15.7% | 39.5%36.5% |
| 3 Year | -13.4%-13.4% | -5.1%-7.2% | 53.5%43.6% |
| 5 Year | -16.2%-16.2% | 14.8%11.1% | 117.5%93.2% |
Long-Term Price Volatility Vs. Market
How volatile is JetBlue Airways's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall St
JetBlue Airways Corporation (NASDAQ:JBLU) Consensus Forecasts Have Become A Little Darker Since Its Latest Report1 month ago | Simply Wall St
Would Shareholders Who Purchased JetBlue Airways' (NASDAQ:JBLU) Stock Five Years Be Happy With The Share price Today?2 months ago | Simply Wall St
What Is JetBlue Airways Corporation's (NASDAQ:JBLU) Share Price Doing?Valuation
Is JetBlue Airways undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: JBLU ($18.43) is trading below our estimate of fair value ($65.15)
Significantly Below Fair Value: JBLU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: JBLU is unprofitable, so we can't compare its PE Ratio to the XX Airlines industry average.
PE vs Market: JBLU is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate JBLU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JBLU is good value based on its PB Ratio (1.4x) compared to the US Airlines industry average (2.2x).
Next Steps
Future Growth
How is JetBlue Airways forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
85.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JBLU is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: JBLU is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: JBLU's is expected to become profitable in the next 3 years.
Revenue vs Market: JBLU's revenue (27.3% per year) is forecast to grow faster than the US market (10.4% per year).
High Growth Revenue: JBLU's revenue (27.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: JBLU's Return on Equity is forecast to be low in 3 years time (19.1%).
Next Steps
Past Performance
How has JetBlue Airways performed over the past 5 years?
-40.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JBLU is currently unprofitable.
Growing Profit Margin: JBLU is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: JBLU is unprofitable, and losses have increased over the past 5 years at a rate of 40.7% per year.
Accelerating Growth: Unable to compare JBLU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: JBLU is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-21.4%).
Return on Equity
High ROE: JBLU has a negative Return on Equity (-36.64%), as it is currently unprofitable.
Next Steps
Financial Health
How is JetBlue Airways's financial position?
Financial Position Analysis
Short Term Liabilities: JBLU's short term assets ($3.5B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: JBLU's short term assets ($3.5B) do not cover its long term liabilities ($6.9B).
Debt to Equity History and Analysis
Debt Level: JBLU's debt to equity ratio (122.1%) is considered high.
Reducing Debt: JBLU's debt to equity ratio has increased from 56.8% to 122.1% over the past 5 years.
Debt Coverage: JBLU's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: Insufficient data to determine if JBLU's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is JetBlue Airways's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JBLU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JBLU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if JBLU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JBLU's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JBLU's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.5yrs
Average management tenure
CEO
Robin Hayes (53 yo)
6yrs
Tenure
US$3,955,523
Compensation
Mr. Robin N. Hayes serves as Independent Director at KeyCorp since November 19, 2020. He serves as Chief Executive Officer and Director at JetBlue Airways Corporation since February 16, 2015 and served as ...
CEO Compensation Analysis
Compensation vs Market: Robin's total compensation ($USD3.96M) is below average for companies of similar size in the US market ($USD6.40M).
Compensation vs Earnings: Robin's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6yrs | US$3.96m | 0.17% $ 9.6m | |
| President & COO | 2.75yrs | US$2.49m | 0.056% $ 3.2m | |
| Chief Financial Officer | 4yrs | US$2.11m | 0.014% $ 834.0k | |
| General Counsel & Corporate Secretary | 2.67yrs | US$1.03m | 0.0018% $ 103.2k | |
| VP, Controller & Chief Accounting Officer | 6.17yrs | US$515.73k | 0.0043% $ 252.1k | |
| Chief Product Officer of Technology and Acting Chief Digital & Technology Officer | no data | no data | no data | |
| Director of Investors Relation | no data | no data | no data | |
| Vice President of Safety & Regulatory Compliance | no data | no data | no data | |
| Chief Communications Officer | 2.92yrs | no data | no data | |
| Vice President of Sales & Revenue Management | 4yrs | no data | no data | |
| Vice President of Marketing | 2.92yrs | no data | no data | |
| Head of Marketing & Loyalty | no data | no data | no data |
3.5yrs
Average Tenure
49yo
Average Age
Experienced Management: JBLU's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6yrs | US$3.96m | 0.17% $ 9.6m | |
| Independent Director | 14.75yrs | US$234.99k | no data | |
| Independent Director | 2.5yrs | US$219.99k | 0.0030% $ 172.7k | |
| Independent Chairman | 0.75yr | US$242.65k | no data | |
| Director | 0.083yr | no data | no data | |
| Independent Director | 0.75yr | no data | 0.0024% $ 138.5k | |
| Independent Director | 9.58yrs | US$229.99k | no data | |
| Independent Director | 1.58yrs | US$77.49k | 0.0030% $ 173.3k | |
| Independent Director | 7.75yrs | US$234.99k | 0.0022% $ 126.3k | |
| Independent Director | 2.5yrs | US$214.99k | no data | |
| Independent Director | 1.25yrs | US$49.15k | no data |
2.5yrs
Average Tenure
60yo
Average Age
Experienced Board: JBLU's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.4%.
Top Shareholders
Company Information
JetBlue Airways Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: JetBlue Airways Corporation
- Ticker: JBLU
- Exchange: NasdaqGS
- Founded: 1998
- Industry: Airlines
- Sector: Transportation
- Market Cap: US$5.795b
- Shares outstanding: 314.46m
- Website: https://www.jetblue.com
Number of Employees
Location
- JetBlue Airways Corporation
- 27-01 Queens Plaza North
- Long Island City
- New York
- 11101
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| JBLU | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Apr 2002 |
| JAW | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Apr 2002 |
| JAW | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Apr 2002 |
| JBLU * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Apr 2002 |
| 0JOT | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Apr 2002 |
Biography
JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2019, the company operated a fleet of 63 Airbus A321 aircraft, 6 Airbus A321 neo aircraft,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/01 00:39 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.