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JetBlue Airways

Nasdaq:JBLU
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
JBLU
Nasdaq
$6B
Market Cap
  1. Home
  2. US
  3. Transportation
Company description

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. The last earnings update was 87 days ago. More info.


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JBLU Share Price and Events
7 Day Returns
1.2%
NasdaqGS:JBLU
0%
US Airlines
-1.2%
US Market
1 Year Returns
-4.3%
NasdaqGS:JBLU
7.7%
US Airlines
3.3%
US Market
JBLU Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
JetBlue Airways (JBLU) 1.2% 2% 8% -4.3% 9.7% 69.7%
US Airlines 0% 5.6% 4.2% 7.7% 45.5% 58.6%
US Market -1.2% 0.8% 0.9% 3.3% 35.9% 41.7%
1 Year Return vs Industry and Market
  • JBLU underperformed the Airlines industry which returned 7.7% over the past year.
  • JBLU underperformed the Market in United States of America which returned 3.3% over the past year.
Price Volatility
JBLU
Industry
5yr Volatility vs Market

JBLU Value

 Is JetBlue Airways undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of JetBlue Airways to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for JetBlue Airways.

NasdaqGS:JBLU Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 17 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:JBLU
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Airlines Unlevered Beta Simply Wall St/ S&P Global 0.85
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.854 (1 + (1- 21%) (42.89%))
1.096
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.096 * 5.96%)
9.26%

Discounted Cash Flow Calculation for NasdaqGS:JBLU using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for JetBlue Airways is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:JBLU DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.26%)
2020 74.10 Analyst x2 67.82
2021 151.00 Analyst x1 126.48
2022 196.82 Est @ 30.35% 150.89
2023 240.25 Est @ 22.06% 168.56
2024 279.31 Est @ 16.26% 179.36
2025 313.40 Est @ 12.2% 184.19
2026 342.73 Est @ 9.36% 184.35
2027 368.00 Est @ 7.37% 181.16
2028 390.00 Est @ 5.98% 175.72
2029 409.52 Est @ 5% 168.87
Present value of next 10 years cash flows $1,587.40
NasdaqGS:JBLU DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $409.52 × (1 + 2.73%) ÷ (9.26% – 2.73%)
$6,439.67
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $6,439.67 ÷ (1 + 9.26%)10
$2,655.44
NasdaqGS:JBLU Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,587.40 + $2,655.44
$4,242.83
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $4,242.83 / 300.95
$14.1
NasdaqGS:JBLU Discount to Share Price
Calculation Result
Value per share (USD) From above. $14.10
Current discount Discount to share price of $18.96
= -1 x ($18.96 - $14.10) / $14.10
-34.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of JetBlue Airways is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for JetBlue Airways's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are JetBlue Airways's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:JBLU PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.45
NasdaqGS:JBLU Share Price ** NasdaqGS (2019-07-22) in USD $18.96
United States of America Airlines Industry PE Ratio Median Figure of 12 Publicly-Listed Airlines Companies 11.05x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.86x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of JetBlue Airways.

NasdaqGS:JBLU PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:JBLU Share Price ÷ EPS (both in USD)

= 18.96 ÷ 0.45

41.86x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • JetBlue Airways is overvalued based on earnings compared to the US Airlines industry average.
  • JetBlue Airways is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does JetBlue Airways's expected growth come at a high price?
Raw Data
NasdaqGS:JBLU PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 41.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts
28.9%per year
United States of America Airlines Industry PEG Ratio Median Figure of 11 Publicly-Listed Airlines Companies 1.61x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

NasdaqGS:JBLU PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 41.86x ÷ 28.9%

1.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • JetBlue Airways is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on JetBlue Airways's assets?
Raw Data
NasdaqGS:JBLU PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $15.31
NasdaqGS:JBLU Share Price * NasdaqGS (2019-07-22) in USD $18.96
United States of America Airlines Industry PB Ratio Median Figure of 12 Publicly-Listed Airlines Companies 1.93x
United States of America Market PB Ratio Median Figure of 5,248 Publicly-Listed Companies 1.79x
NasdaqGS:JBLU PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:JBLU Share Price ÷ Book Value per Share (both in USD)

= 18.96 ÷ 15.31

1.24x

* Primary Listing of JetBlue Airways.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • JetBlue Airways is good value based on assets compared to the US Airlines industry average.
X
Value checks
We assess JetBlue Airways's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Airlines industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Airlines industry average (and greater than 0)? (1 check)
  5. JetBlue Airways has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

JBLU Future Performance

 How is JetBlue Airways expected to perform in the next 1 to 3 years based on estimates from 17 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
28.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is JetBlue Airways expected to grow at an attractive rate?
  • JetBlue Airways's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • JetBlue Airways's earnings growth is expected to exceed the United States of America market average.
  • JetBlue Airways's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:JBLU Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:JBLU Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts 28.9%
NasdaqGS:JBLU Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 17 Analysts 7.1%
United States of America Airlines Industry Earnings Growth Rate Market Cap Weighted Average 8.6%
United States of America Airlines Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:JBLU Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:JBLU Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 9,376 779 6
2020-12-31 8,823 1,452 713 17
2019-12-31 8,172 1,235 591 16
NasdaqGS:JBLU Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 7,775 1,147 140
2018-12-31 7,658 1,217 188
2018-09-30 7,448 1,262 675
2018-06-30 7,257 1,250 806
2018-03-31 7,166 1,454 1,133
2017-12-31 7,012 1,396 1,125
2017-09-30 6,895 1,381 642
2017-06-30 6,809 1,497 660
2017-03-31 6,616 1,479 634
2016-12-31 6,584 1,632 727
2016-09-30 6,585 1,621 777
2016-06-30 6,541 1,715 776

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • JetBlue Airways's earnings are expected to grow significantly at over 20% yearly.
  • JetBlue Airways's revenue is expected to grow by 7.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:JBLU Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below

All data from JetBlue Airways Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:JBLU Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 2.61 2.79 2.50 3.00
2020-12-31 2.38 2.55 2.20 8.00
2019-12-31 1.95 2.11 1.77 8.00
NasdaqGS:JBLU Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.45
2018-12-31 0.60
2018-09-30 2.13
2018-06-30 2.51
2018-03-31 3.49
2017-12-31 3.42
2017-09-30 1.93
2017-06-30 1.99
2017-03-31 1.92
2016-12-31 2.23
2016-09-30 2.41
2016-06-30 2.43

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • JetBlue Airways is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess JetBlue Airways's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
JetBlue Airways has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

JBLU Past Performance

  How has JetBlue Airways performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare JetBlue Airways's growth in the last year to its industry (Airlines).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • JetBlue Airways's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • JetBlue Airways's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • JetBlue Airways's 1-year earnings growth is negative, it can't be compared to the US Airlines industry average.
Earnings and Revenue History
JetBlue Airways's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from JetBlue Airways Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:JBLU Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 7,775.00 140.00 293.00
2018-12-31 7,658.00 188.00 294.00
2018-09-30 7,448.00 675.00 287.00
2018-06-30 7,257.00 806.00 284.00
2018-03-31 7,166.00 1,133.00 277.00
2017-12-31 7,012.00 1,125.00 271.00
2017-09-30 6,895.00 642.00 260.00
2017-06-30 6,809.00 660.00 251.00
2017-03-31 6,616.00 634.00 256.00
2016-12-31 6,584.00 727.00 263.00
2016-09-30 6,585.00 777.00 262.00
2016-06-30 6,541.00 776.00 271.00
2016-03-31 6,509.00 747.00 268.00
2015-12-31 6,416.00 677.00 264.00
2015-09-30 6,268.00 575.00 248.00
2015-06-30 6,110.00 456.00 238.00
2015-03-31 5,991.00 534.00 237.00
2014-12-31 5,817.00 401.00 231.00
2014-09-30 5,736.00 360.00 242.00
2014-06-30 5,649.00 352.00 243.00
2014-03-31 5,491.00 158.00 227.00
2013-12-31 5,441.00 168.00 223.00
2013-09-30 5,270.00 122.00 215.00
2013-06-30 5,136.00 96.00 206.00
2013-03-31 5,078.00 112.00 207.00
2012-12-31 4,982.00 128.00 204.00
2012-09-30 4,934.00 150.00 206.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • JetBlue Airways has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • JetBlue Airways used its assets less efficiently than the US Airlines industry average last year based on Return on Assets.
  • JetBlue Airways's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess JetBlue Airways's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Airlines industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
JetBlue Airways has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

JBLU Health

 How is JetBlue Airways's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up JetBlue Airways's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • JetBlue Airways's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • JetBlue Airways's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of JetBlue Airways's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from JetBlue Airways Company Filings, last reported 3 months ago.

NasdaqGS:JBLU Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 4,607.00 1,438.00 876.00
2018-12-31 4,611.00 1,563.00 887.00
2018-09-30 4,414.00 1,568.00 937.00
2018-06-30 4,481.00 1,358.00 915.00
2018-03-31 4,697.00 1,143.00 779.00
2017-12-31 4,732.00 1,199.00 693.00
2017-09-30 4,139.00 1,255.00 814.00
2017-06-30 4,080.00 1,305.00 1,020.00
2017-03-31 3,992.00 1,337.00 1,046.00
2016-12-31 4,013.00 1,384.00 971.00
2016-09-30 3,846.00 1,689.00 1,454.00
2016-06-30 3,644.00 1,746.00 1,510.00
2016-03-31 3,414.00 1,780.00 1,287.00
2015-12-31 3,210.00 1,827.00 876.00
2015-09-30 3,017.00 1,983.00 1,132.00
2015-06-30 2,793.00 2,033.00 915.00
2015-03-31 2,709.00 2,182.00 998.00
2014-12-31 2,529.00 2,234.00 708.00
2014-09-30 2,386.00 2,364.00 742.00
2014-06-30 2,315.00 2,388.00 797.00
2014-03-31 2,136.00 2,642.00 771.00
2013-12-31 2,134.00 2,588.00 627.00
2013-09-30 2,018.00 2,846.00 954.00
2013-06-30 1,932.00 2,827.00 867.00
2013-03-31 1,897.00 2,826.00 849.00
2012-12-31 1,888.00 2,863.00 731.00
2012-09-30 1,903.00 2,923.00 1,064.00
  • JetBlue Airways's level of debt (33.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (123.4% vs 33.4% today).
  • Debt is well covered by operating cash flow (74.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 9.3x coverage).
X
Financial health checks
We assess JetBlue Airways's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. JetBlue Airways has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

JBLU Dividends

 What is JetBlue Airways's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from JetBlue Airways dividends. Estimated to be 0% next year.
If you bought $2,000 of JetBlue Airways shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate JetBlue Airways's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate JetBlue Airways's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:JBLU Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below
United States of America Airlines Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 2.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:JBLU Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 3.00
2020-12-31 0.00 4.00
2019-12-31 0.00 5.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as JetBlue Airways has not reported any payouts.
  • Unable to verify if JetBlue Airways's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of JetBlue Airways's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as JetBlue Airways has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of JetBlue Airways's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess JetBlue Airways's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can JetBlue Airways afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. JetBlue Airways has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

JBLU Management

 What is the CEO of JetBlue Airways's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robin Hayes
COMPENSATION $3,585,420
AGE 52
TENURE AS CEO 4.4 years
CEO Bio

Mr. Robin Hayes has been the Chief Executive Officer of JetBlue Airways Corporation since February 16, 2015 and served as its President since January 1, 2014. Mr. Hayes served as the Chief Commercial Officer and Executive Vice President of JetBlue Airways Corporation since August 2008 until December 2013. He served as an Executive Vice President of The Americas at British Airways and served in a number of operational and commercial positions in the UK and Germany. Mr. Hayes has experience in running British Airways' leisure department, including their British Airways Holiday package product to JetBlue. He joined JetBlue in August 2008 after nineteen years career with British Airways on the frontline, assisting customers in Glasgow, Scotland. Throughout his career with British Airways, he held positions of increasing responsibility in both the operational and commercial divisions. He has been Director of JetBlue Airways Corporation since February 16, 2015. Mr. Hayes serves as Director of The Partnership for New York City, Inc. He holds BSc in Engineering from University of Bath; ME from University of Bath; and graduate in Electrical and Electronic Engineering from University of Bath.

CEO Compensation
  • Robin's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Robin's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the JetBlue Airways management team in years:

1.6
Average Tenure
48
Average Age
  • The average tenure for the JetBlue Airways management team is less than 2 years, this suggests a new team.
Management Team

Robin Hayes

TITLE
CEO & Director
COMPENSATION
$4M
AGE
52
TENURE
4.4 yrs

Joanna Geraghty

TITLE
President & COO
COMPENSATION
$2M
AGE
46
TENURE
1.1 yrs

Steve Priest

TITLE
Executive VP & CFO
COMPENSATION
$2M
AGE
48
TENURE
2.4 yrs

Eash Sundaram

TITLE
Executive VP and Chief Digital & Technology Officer
COMPENSATION
$1M
AGE
48
TENURE
1.6 yrs

Alexander Chatkewitz

TITLE
VP, Controller & Chief Accounting Officer
COMPENSATION
$516K
AGE
54
TENURE
4.6 yrs

David Fintzen

TITLE
Director of Investors Relation

Brandon Nelson

TITLE
General Counsel & Corporate Secretary
AGE
44
TENURE
1.1 yrs

Doug McGraw

TITLE
Head of Corporate Communications
TENURE
1.3 yrs

Dave Clark

TITLE
Vice President of Sales & Revenue Management
TENURE
2.4 yrs

Elizabeth Windram

TITLE
Vice President of Marketing
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the JetBlue Airways board of directors in years:

9.3
Average Tenure
59
Average Age
  • The tenure for the JetBlue Airways board of directors is about average.
Board of Directors

Joel Peterson

TITLE
Chairman
COMPENSATION
$229K
AGE
72
TENURE
11.2 yrs

Robin Hayes

TITLE
CEO & Director
COMPENSATION
$4M
AGE
52
TENURE
4.4 yrs

Frank Sica

TITLE
Vice Chairman
COMPENSATION
$175K
AGE
68
TENURE
11.2 yrs

Virginia Gambale

TITLE
Independent Director
COMPENSATION
$200K
AGE
59
TENURE
13.2 yrs

Peter Boneparth

TITLE
Independent Director
COMPENSATION
$213K
AGE
59
TENURE
10.6 yrs

Ellen Jewett

TITLE
Independent Director
COMPENSATION
$187K
AGE
60
TENURE
8 yrs

Stephan Gemkow

TITLE
Independent Director
COMPENSATION
$175K
AGE
59
TENURE
10.9 yrs

Thomas Winkelmann

TITLE
Independent Director
COMPENSATION
$183K
AGE
60
TENURE
6.2 yrs

B. Baldanza

TITLE
Independent Director
COMPENSATION
$72K
AGE
57
TENURE
0.9 yrs

Sarah O’Hagan

TITLE
Independent Director
COMPENSATION
$68K
AGE
46
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
14. Sep 18 Sell James Hnat Individual 13. Sep 18 13. Sep 18 -6,000 $19.30 $-115,800
X
Management checks
We assess JetBlue Airways's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. JetBlue Airways has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

JBLU News

Simply Wall St News

Here's Why JetBlue Airways (NASDAQ:JBLU) Has A Meaningful Debt Burden

We note that JetBlue Airways Corporation (NASDAQ:JBLU) does have debt on its balance sheet. … Since JetBlue Airways does have net debt, we think it is worthwhile for shareholders to keep an eye on the balance sheet, over time. … Overall, we think it's fair to say that JetBlue Airways has enough debt that there are some real risks around the balance sheet.

Simply Wall St -

Does JetBlue Airways Corporation's (NASDAQ:JBLU) CEO Salary Compare Well With Others?

See our latest analysis for JetBlue Airways How Does Robin Hayes's Compensation Compare With Similar Sized Companies? … According to our data, JetBlue Airways Corporation has a market capitalization of US$5.5b, and pays its CEO total annual compensation worth US$3.6m. … Most shareholders would consider it a positive that Robin Hayes takes less total compensation than the CEOs of most similar size companies, leaving more for shareholders.

Simply Wall St -

Should We Be Cautious About JetBlue Airways Corporation's (NASDAQ:JBLU) ROE Of 3.0%?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for JetBlue Airways: 3.0% = US$140m ÷ US$4.6b (Based on the trailing twelve months to March 2019.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … Combining JetBlue Airways's Debt And Its 3.0% Return On Equity While JetBlue Airways does have some debt, with debt to equity of just 0.53, we wouldn't say debt is excessive. … Conservative use of debt to boost returns is usually a good move for shareholders, though it does leave the company more exposed to interest rate rises.

Simply Wall St -

Here’s why JetBlue Airways Corporation’s (NASDAQ:JBLU) Returns On Capital Matters So Much

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

How Many Insiders Sold JetBlue Airways Corporation (NASDAQ:JBLU) Shares?

So before you buy or sell JetBlue Airways Corporation (NASDAQ:JBLU), you may well want to know whether insiders have been buying or selling. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … So we know that an insider sold shares at around the present share price of US$15.78.

Simply Wall St -

The JetBlue Airways (NASDAQ:JBLU) Share Price Has Gained 86% And Shareholders Are Hoping For More

For example, long term JetBlue Airways Corporation (NASDAQ:JBLU) shareholders have enjoyed a 86% share price rise over the last half decade, well in excess of the market return of around 41% (not including dividends). … During five years of share price growth, JetBlue Airways achieved compound earnings per share (EPS) growth of 0.2% per year. … This EPS growth is slower than the share price growth of 13% per year, over the same period.

Simply Wall St -

What Does JetBlue Airways Corporation's (NASDAQ:JBLU) Share Price Indicate?

saw a double-digit share price rise of over 10% in the past couple of months on the NASDAQGS. … With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … Let’s take a look at JetBlue Airways’s outlook and value based on the most recent financial data to see if the opportunity still exists.

Simply Wall St -

A Closer Look At JetBlue Airways Corporation's (NASDAQ:JBLU) Uninspiring ROE

This article is for those who would like to learn about Return On Equity (ROE). … That means that for every $1 worth of shareholders' equity, it generated $0.043 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Why JetBlue Airways Corporation (NASDAQ:JBLU) Is A Financially Healthy Company

Stocks with market capitalization between $2B and $10B, such as JetBlue Airways Corporation (NASDAQ:JBLU) with a size of US$5.3b, do not attract as much attention from the investing community as do the small-caps and large-caps. … Don’t forget that this is a general and concentrated examination of JetBlue Airways's financial health, so you should conduct further analysis. … Check out our latest analysis for JetBlue Airways.

Simply Wall St -

Read This Before You Buy JetBlue Airways Corporation (NASDAQ:JBLU) Because Of Its P/E Ratio

To keep it practical, we'll show how JetBlue Airways Corporation's (NASDAQ:JBLU) P/E ratio could help you assess the value on offer. … JetBlue Airways has a P/E ratio of 7.07, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

JBLU Company Info

Description

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2018, the company operated a fleet of 63 Airbus A321 aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 105 destinations in the 31 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 21 countries in the Caribbean and Latin America. JetBlue Airways Corporation was founded in 1998 and is based in Long Island City, New York.

Details
Name: JetBlue Airways Corporation
JBLU
Exchange: NasdaqGS
Founded: 1998
$5,705,951,422
300,946,805
Website: http://www.jetblue.com
Address: JetBlue Airways Corporation
27-01 Queens Plaza North,
Long Island City,
New York, 11101,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS JBLU Common Stock Nasdaq Global Select US USD 12. Apr 2002
DB JAW Common Stock Deutsche Boerse AG DE EUR 12. Apr 2002
LSE 0JOT Common Stock London Stock Exchange GB USD 12. Apr 2002
BMV JBLU * Common Stock Bolsa Mexicana de Valores MX MXN 12. Apr 2002
Number of employees
Current staff
Staff numbers
18,292
JetBlue Airways employees.
Industry
Airlines
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 23:38
End of day share price update: 2019/07/22 00:00
Last estimates confirmation: 2019/07/19
Last earnings filing: 2019/04/26
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.