JetBlue Airways (JetBlue Airways) COGS-to-Revenue : 0.82 (As of Dec. 2023)

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What is JetBlue Airways COGS-to-Revenue?

JetBlue Airways's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,914 Mil. Its Revenue for the three months ended in Dec. 2023 was $2,325 Mil.

JetBlue Airways's COGS to Revenue for the three months ended in Dec. 2023 was 0.82.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. JetBlue Airways's Gross Margin % for the three months ended in Dec. 2023 was 17.68%.

JetBlue Airways COGS-to-Revenue Historical Data

The historical data trend for JetBlue Airways's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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JetBlue Airways COGS-to-Revenue Chart

JetBlue Airways Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.73

1.38

0.94

0.84

0.81

JetBlue Airways Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.87	0.73	0.85	0.82	0.87

JetBlue Airways COGS-to-Revenue Calculation

JetBlue Airways's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7833	/	9615
	=	0.81

JetBlue Airways's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1914	/	2325
	=	0.82

JetBlue Airways (NAS:JBLU) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

JetBlue Airways's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1914 / 2325
	=	17.68 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

JetBlue Airways COGS-to-Revenue Related Terms

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JetBlue Airways (JetBlue Airways) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » JetBlue Airways Corp (NAS:JBLU) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

JBLU:Mexico 1JAM:Italy JAW:Germany JAW:Germany

Address

27-01 Queens Plaza North, Long Island City, NY, USA, 11101

Website

https://www.jetblue.com

JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.

Executives

Gerald Alfred Spencer	officer: Principal Accounting Officer	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Carol Ann Clements	officer: Chief Digital & Tech Officer	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Brandon Nelson	officer: General Counsel Corp Sec	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Robert F Leduc	director	UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Teri P Mcclure	director	55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Monte E Ford	director	C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
O'hagan Sarah Robb	director	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Vivek Sharma	director	C/O JETBLUE AIRWAYS CORP, 27-01 QUEENS PLAZA N, LONG ISLAND CITY NY 11101
Thomas Winkelmann	director	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Ellen Jewett	director	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
B Ben Baldanza	director	C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Peter Boneparth	director	1411 BROADWAY, NEW YORK NY 10018
Ursula L Hurley	officer: Chief Financial Officer	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
David Christopher Clark	officer: Head of Revenue and Planning	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Robin Hayes	director, officer: CEO	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101