JetBlue Airways Corp (JBLU)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -897,000 | -924,000 | -1,020,000 | -835,000 | -334,000 | -218,000 | 61,000 | -306,000 | -438,000 | -607,000 | -522,000 | -314,000 | -263,000 | -612,000 | -1,380,000 | -1,887,000 | -1,894,000 | -1,162,000 | -330,000 | 356,000 |
| 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 |
| Pretax margin | -9.67% | -9.91% | -10.95% | -8.79% | -3.47% | -2.25% | 0.62% | -3.14% | -4.78% | -7.08% | -6.54% | -4.46% | -4.36% | -12.58% | -40.77% | -89.81% | -64.07% | -26.86% | -5.57% | 4.56% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-897,000K ÷ $9,279,000K
= -9.67%
JetBlue Airways Corp's pretax margin has shown a fluctuating trend over the analyzed period, starting at a positive 4.56% in March 2020 but subsequently turning negative. The company experienced significant declines in profitability, with pretax margins falling to as low as -89.81% in March 2021. The trend improved slightly in the following quarters but remained in negative territory, indicating challenges in managing operating expenses relative to revenue. Notably, there were periods of recovery with positive pretax margins being recorded in June 2023 and subsequent quarters, suggesting potential efforts to enhance operational efficiency. However, the margin dipped back into negative territory by the end of December 2024, highlighting ongoing profitability pressures impacting JetBlue Airways Corp.
Peer comparison
Dec 31, 2024