JetBlue Airways Corp (JBLU)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -795,000 | -310,000 | -362,000 | -182,000 | -1,362,000 |
| Revenue | US$ in thousands | 9,279,000 | 9,615,000 | 9,158,000 | 6,037,000 | 2,957,000 |
| Net profit margin | -8.57% | -3.22% | -3.95% | -3.01% | -46.06% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-795,000K ÷ $9,279,000K
= -8.57%
Based on the data provided, JetBlue Airways Corp's net profit margin has shown fluctuations over the years. In December 2020, the net profit margin was -46.06%, indicating that the company experienced significant losses relative to its revenue. However, there has been an improvement in the subsequent years, with the net profit margin improving to -3.01% in December 2021, -3.95% in December 2022, and -3.22% in December 2023.
In December 2024, there was a slight decline in the net profit margin to -8.57%, indicating a decrease in profitability compared to the previous year. Overall, JetBlue Airways Corp has been able to reduce its losses over the years, but the company still faces challenges in achieving positive profitability.
It is important for JetBlue Airways Corp to continue monitoring and improving its net profit margin to ensure sustainable financial performance and long-term profitability in the competitive airline industry.
Peer comparison
Dec 31, 2024