JetBlue Airways Corp (JBLU)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -684,000 | -230,000 | -185,000 | -913,000 | -1,714,000 |
| Revenue | US$ in thousands | 9,279,000 | 9,615,000 | 9,158,000 | 6,037,000 | 2,957,000 |
| Operating profit margin | -7.37% | -2.39% | -2.02% | -15.12% | -57.96% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-684,000K ÷ $9,279,000K
= -7.37%
The operating profit margin of JetBlue Airways Corp has shown a consistent improvement over the years based on the provided data. Starting at a significantly negative figure of -57.96% on December 31, 2020, the company managed to reduce its operating losses substantially, reaching -15.12% by December 31, 2021.
Further progress was made in the following years, with the operating profit margin decreasing to -2.02% on December 31, 2022, and -2.39% on December 31, 2023. However, there was a slight decline in performance as the operating profit margin moved up to -7.37% by December 31, 2024.
Overall, the trend indicates that JetBlue Airways Corp has been successful in narrowing its operating losses over the years, albeit with some fluctuations observed in the most recent year. Continued focus on cost efficiencies and revenue generation strategies may be necessary to further improve the operating profit margin in the upcoming periods.
Peer comparison
Dec 31, 2024