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Jet2 (DRTGF) Gross-Profit-to-Asset % : 33.46% (As of Sep. 2023)


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What is Jet2 Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Jet2's annualized Gross Profit for the quarter that ended in Sep. 2023 was $2,007 Mil. Jet2's average Total Assets over the quarter that ended in Sep. 2023 was $5,997 Mil. Therefore, Jet2's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 33.46%.


Jet2 Gross-Profit-to-Asset % Historical Data

The historical data trend for Jet2's Gross-Profit-to-Asset % 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.

* Premium members only.

Jet2 Gross-Profit-to-Asset % Chart

Jet2 Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.19 14.93 -8.99 -4.21 15.97

Jet2 Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.80 -1.96 28.98 1.39 33.46

Competitive Comparison of Jet2's Gross-Profit-to-Asset %

For the Travel Services subindustry, Jet2's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jet2's Gross-Profit-to-Asset % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jet2's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Jet2's Gross-Profit-to-Asset % falls into.



Jet2 Gross-Profit-to-Asset % Calculation

Jet2's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=858.859/( (5261.528+5492.84)/ 2 )
=858.859/5377.184
=15.97 %

Jet2's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=2006.93/( (5492.84+6501.609)/ 2 )
=2006.93/5997.2245
=33.46 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Jet2 Gross-Profit-to-Asset % Related Terms

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Jet2 (DRTGF) Business Description

Traded in Other Exchanges
Address
Low Fare Finder House, Leeds Bradford Airport, Leeds, GBR, LS19 7TU
Jet2 PLC provides licensed packages for leisure flights and stays at a multitude of vacation destinations. The company reports in one operating segment: leisure travel. The leisure travel segment delivers scheduled flights by its airline, Jet2.com, to the Mediterranean, Canary Islands, and other European vacation destinations. It utilizes licensed package holidays by its tour operator, Jet2holidays, to offer hotel accommodations and other useful amenities. It revenue through Package holidays and operates mainly in United Kingdom.

Jet2 (DRTGF) Headlines