JetBlue Airways Corp (JBLU)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 49.97% | 9.40% | 16.07% | 5.80% | -38.05% |
| Operating profit margin | -7.37% | -2.39% | -2.02% | -15.12% | -57.96% |
| Pretax margin | -9.67% | -3.47% | -4.77% | -4.36% | -64.02% |
| Net profit margin | -8.57% | -3.22% | -3.95% | -3.01% | -46.06% |
JetBlue Airways Corp has shown a significant improvement in its profitability ratios over the years. The gross profit margin has seen a notable positive trend, increasing from -38.05% in December 2020 to 49.97% in December 2024. This indicates the company's ability to efficiently generate revenue after accounting for the cost of goods sold.
Similarly, the operating profit margin has also shown improvement, although it has remained negative throughout the years, decreasing from -57.96% in December 2020 to -7.37% in December 2024. This suggests that JetBlue has been able to better manage its operating expenses relative to its revenue.
The pretax margin has fluctuated over the years, with the most significant improvement seen in 2021 when it decreased from -64.02% to -4.36%. However, it increased to -9.67% by the end of 2024, indicating some challenges in controlling pre-tax operating expenses or generating higher revenues at lower costs.
Lastly, the net profit margin has also shown improvement, moving from -46.06% in December 2020 to -8.57% in December 2024. This metric reflects the company's ability to control non-operating expenses and generate net income relative to its total revenue.
Overall, JetBlue Airways Corp has made progress in improving its profitability ratios, but there are still areas that may require further attention to enhance financial performance.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -4.06% | -1.66% | -1.42% | -6.69% | -12.84% |
| Return on assets (ROA) | -4.72% | -2.24% | -2.78% | -1.33% | -10.20% |
| Return on total capital | -20.71% | -3.72% | -7.61% | -2.29% | -43.80% |
| Return on equity (ROE) | -30.10% | -9.29% | -10.16% | -4.73% | -34.54% |
JetBlue Airways Corp's profitability ratios have fluctuated over the past five years.
- Operating return on assets (Operating ROA) decreased from -12.84% in 2020 to -1.66% in 2023, with a slight increase to -4.06% in 2024. This suggests that the company's operating performance in generating profits from its assets has been improving gradually.
- Return on assets (ROA) also showed a similar trend, declining from -10.20% in 2020 to -2.24% in 2023, before decreasing further to -4.72% in 2024. This indicates that the company's overall profitability in relation to its total assets has been mixed.
- Return on total capital had a significant improvement from -43.80% in 2020 to -2.29% in 2021, but then decreased to -20.71% in 2024. This ratio reflects the profitability of the company in generating returns from its total invested capital, including debt and equity.
- Return on equity (ROE) saw a decrease from -34.54% in 2020 to -9.29% in 2023, and then a notable decline to -30.10% in 2024. ROE measures the profitability generated from shareholders' equity, and the decreasing trend indicates a decline in the returns available to shareholders over the years.
In summary, JetBlue's profitability ratios have shown mixed results over the period, with improvements in some areas (such as Operating ROA and ROA in certain years) but declines in others (such as ROE towards the later years). The company may need to focus on optimizing its asset utilization and efficiency to enhance overall profitability and shareholder returns.