JetBlue Airways Corp (JBLU)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -795,000 | -854,000 | -947,000 | -834,000 | -310,000 | -183,000 | 27,000 | -299,000 | -362,000 | -515,000 | -442,000 | -190,000 | -182,000 | -434,000 | -957,000 | -1,341,000 | -1,362,000 | -820,000 | -240,000 | 259,000 |
| Revenue (ttm) | US$ in thousands | 9,279,000 | 9,327,000 | 9,315,000 | 9,497,000 | 9,616,000 | 9,706,000 | 9,915,000 | 9,750,000 | 9,158,000 | 8,577,000 | 7,987,000 | 7,041,000 | 6,038,000 | 4,865,000 | 3,385,000 | 2,101,000 | 2,956,000 | 4,326,000 | 5,920,000 | 7,810,000 |
| Net profit margin | -8.57% | -9.16% | -10.17% | -8.78% | -3.22% | -1.89% | 0.27% | -3.07% | -3.95% | -6.00% | -5.53% | -2.70% | -3.01% | -8.92% | -28.27% | -63.83% | -46.08% | -18.96% | -4.05% | 3.32% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-795,000K ÷ $9,279,000K
= -8.57%
The net profit margin of JetBlue Airways Corp has shown a fluctuating trend over the past few years. Starting from a positive margin of 3.32% as of March 31, 2020, the company experienced a significant decline in profitability with negative margins in subsequent quarters, reaching a low of -63.83% as of March 31, 2021.
Although the net profit margin improved from the lows of 2021, it remained negative throughout 2022 and 2023, indicating challenges in generating profits relative to its revenue. Notably, there was a minor positive upturn with a 0.27% net profit margin as of June 30, 2023, before returning to negative margins in subsequent quarters.
As of December 31, 2024, the net profit margin stood at -8.57%, reflecting ongoing struggles to achieve profitability. The negative trend in the net profit margin signals potential inefficiencies in cost management, revenue generation, or both within JetBlue Airways Corp, which may require further analysis and strategic interventions to improve financial performance.
Peer comparison
Dec 31, 2024