JetBlue Airways Corp (JBLU)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -795,000 | -310,000 | -362,000 | -182,000 | -1,362,000 |
| Total stockholders’ equity | US$ in thousands | 2,641,000 | 3,337,000 | 3,563,000 | 3,849,000 | 3,943,000 |
| ROE | -30.10% | -9.29% | -10.16% | -4.73% | -34.54% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-795,000K ÷ $2,641,000K
= -30.10%
JetBlue Airways Corp's return on equity (ROE) has displayed fluctuations over the past five years. Starting with a negative ROE of -34.54% in December 2020, the company improved its performance with a less negative ROE of -4.73% by December 2021. However, the ROE deteriorated again to -10.16% in December 2022 before experiencing a slight recovery to -9.29% in December 2023. The most recent data for December 2024 shows that JetBlue's ROE declined significantly to -30.10%. This negative trend indicates that the company's profitability in generating earnings from shareholders' equity has been inconsistent and challenging. It is essential for JetBlue Airways Corp to address the underlying factors contributing to its low ROE and strive for sustainable improvements to enhance shareholder value.
Peer comparison
Dec 31, 2024