JetBlue Airways Corp (JBLU)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -897,000 | -334,000 | -437,000 | -263,000 | -1,893,000 |
| Revenue | US$ in thousands | 9,279,000 | 9,615,000 | 9,158,000 | 6,037,000 | 2,957,000 |
| Pretax margin | -9.67% | -3.47% | -4.77% | -4.36% | -64.02% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-897,000K ÷ $9,279,000K
= -9.67%
JetBlue Airways Corp's pretax margin demonstrates a notable fluctuation over the years, from a substantial decline of -64.02% in December 2020 to a more gradual decrease of -4.36% in December 2021. Despite a slightly negative trend, there was a marginal increase to -4.77% in December 2022. The company's pretax margin further improved to -3.47% by December 2023 before experiencing a decline to -9.67% in December 2024. Overall, the pretax margin performance of JetBlue Airways Corp indicates variability in profitability, reflecting challenges and potential shifts in operational efficiency and cost management over the analyzed period.
Peer comparison
Dec 31, 2024