JetBlue Airways Corp (JBLU)

Operating 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
Operating income (ttm)	US$ in thousands	-118,000	-201,000	-319,000	-145,000	-230,000	-120,000	51,000	-253,000	-378,000	-540,000	-369,000	-153,000	-80,000	-415,000	-1,117,000	-1,674,000	-1,714,000	-1,033,000	-270,000	390,000
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
Operating profit margin		-1.27%	-2.16%	-3.42%	-1.53%	-2.39%	-1.24%	0.51%	-2.59%	-4.13%	-6.30%	-4.62%	-2.17%	-1.32%	-8.53%	-33.00%	-79.68%	-57.98%	-23.88%	-4.56%	4.99%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-118,000K ÷ $9,279,000K
= -1.27%

JetBlue Airways Corp's operating profit margin has shown a fluctuating trend over the reported periods. The margin started at a positive 4.99% in March 2020 but turned negative in the subsequent quarters, reaching a low of -79.68% in March 2021. The company then gradually improved its operating profit margin, with fluctuations, reaching 0.51% in June 2023. However, there were declines in the margin again in the following periods, with the latest reported figure at -1.27% in December 2024. The negative values indicate that JetBlue Airways Corp's operating expenses exceeded its operating income during these periods, reflecting challenges in generating profits from core operations. Further analysis of the underlying reasons for these fluctuations would be needed to evaluate the company's operational efficiency and financial performance.