JetBlue Operating Income from 2010 to 2024

JBLU Stock  USD 5.76  0.09  1.59%   
JetBlue Airways Operating Income yearly trend continues to be comparatively stable with very little volatility. Operating Income is likely to outpace its year average in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit JetBlue Airways Corp generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2000-03-31
Previous Quarter
-67 M
Current Value
-157 M
Quarterly Volatility
164.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check JetBlue Airways financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JetBlue main balance sheet or income statement drivers, such as Depreciation And Amortization of 652 M, Interest Expense of 135.3 M or Selling General Administrative of 300.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0 or PTB Ratio of 0.9. JetBlue financial statements analysis is a perfect complement when working with JetBlue Airways Valuation or Volatility modules.
  
This module can also supplement JetBlue Airways' financial leverage analysis and stock options assessment as well as various JetBlue Airways Technical models . Check out the analysis of JetBlue Airways Correlation against competitors.

Latest JetBlue Airways' Operating Income Growth Pattern

Below is the plot of the Operating Income of JetBlue Airways Corp over the last few years. Operating Income is the amount of profit realized from JetBlue Airways Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of JetBlue Airways Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. JetBlue Airways' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JetBlue Airways' overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

JetBlue Operating Income Regression Statistics

Arithmetic Mean166,485,600
Geometric Mean392,582,844
Coefficient Of Variation469.59
Mean Deviation569,817,280
Median322,000,000
Standard Deviation781,793,657
Sample Variance611201.3T
Range3B
R-Value(0.46)
Mean Square Error520247.7T
R-Squared0.21
Significance0.09
Slope(80,035,671)
Total Sum of Squares8556818.5T

JetBlue Operating Income History

2024-218.5 M
2023-230 M
2022-185 M
2021-913 M
2020-1.7 B
2018288 M
2017993 M

Other Fundumenentals of JetBlue Airways Corp

JetBlue Airways Operating Income component correlations

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0.680.880.150.540.60.190.480.580.680.560.940.480.390.270.36-0.73-0.030.570.79-0.40.210.520.430.26
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0.850.540.670.770.820.720.880.80.810.810.570.660.40.580.79-0.90.570.650.340.210.530.820.250.87
0.490.79-0.130.260.44-0.130.270.450.560.470.810.450.070.090.12-0.470.79-0.330.34-0.270.120.170.090.01
-0.17-0.480.18-0.230.290.120.02-0.11-0.14-0.06-0.440.39-0.410.010.43-0.09-0.40.370.21-0.270.220.19-0.610.53
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0.320.270.230.67-0.010.380.30.220.150.120.32-0.350.790.220.12-0.320.430.350.250.09-0.610.140.490.12
0.580.130.730.620.790.780.740.570.520.540.160.630.320.50.9-0.750.260.790.870.010.530.50.870.12
Click cells to compare fundamentals

About JetBlue Airways Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include JetBlue Airways income statement, its balance sheet, and the statement of cash flows. JetBlue Airways investors use historical funamental indicators, such as JetBlue Airways's Operating Income, to determine how well the company is positioned to perform in the future. Although JetBlue Airways investors may use each financial statement separately, they are all related. The changes in JetBlue Airways's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on JetBlue Airways's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on JetBlue Airways Financial Statements. Understanding these patterns can help to make the right decision on long term investment in JetBlue Airways. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income-230 M-218.5 M
Non Operating Income Net Other-7.2 M-6.8 M

Pair Trading with JetBlue Airways

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JetBlue Airways position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JetBlue Airways will appreciate offsetting losses from the drop in the long position's value.

Moving against JetBlue Stock

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The ability to find closely correlated positions to JetBlue Airways could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JetBlue Airways when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JetBlue Airways - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JetBlue Airways Corp to buy it.
The correlation of JetBlue Airways is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JetBlue Airways moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JetBlue Airways Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JetBlue Airways can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether JetBlue Airways Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if JetBlue Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Jetblue Airways Corp Stock. Highlighted below are key reports to facilitate an investment decision about Jetblue Airways Corp Stock:
Check out the analysis of JetBlue Airways Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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Is JetBlue Airways' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JetBlue Airways. If investors know JetBlue will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JetBlue Airways listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.56)
Earnings Share
(2.50)
Revenue Per Share
28.268
Quarterly Revenue Growth
(0.05)
Return On Assets
(0)
The market value of JetBlue Airways Corp is measured differently than its book value, which is the value of JetBlue that is recorded on the company's balance sheet. Investors also form their own opinion of JetBlue Airways' value that differs from its market value or its book value, called intrinsic value, which is JetBlue Airways' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JetBlue Airways' market value can be influenced by many factors that don't directly affect JetBlue Airways' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JetBlue Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine if JetBlue Airways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JetBlue Airways' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.