Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue.
JetBlue Airways's Capital Expenditure for the
three
months ended in Mar. 2024 was $-466.00 Mil. Its Revenue for the
three
months ended in Mar. 2024 was $2,209.00 Mil.
Hence, JetBlue Airways's Capex-to-Revenue for the
three
months ended in Mar. 2024 was 0.21.
JetBlue Airways Capex-to-Revenue Historical Data
The historical data trend for JetBlue Airways's Capex-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.
Competitive Comparison of JetBlue Airways's Capex-to-Revenue
For the Airlines subindustry, JetBlue Airways's Capex-to-Revenue, along with its competitors' market caps and Capex-to-Revenue 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.
JetBlue Airways's Capex-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, JetBlue Airways's Capex-to-Revenue distribution charts can be found below:
* The bar in red indicates where JetBlue Airways's Capex-to-Revenue falls into.
JetBlue Airways Capex-to-Revenue Calculation
JetBlue Airways's Capex-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. The ratio shows how aggressively the company reinvests its revenue back into productive assets. However, a high ratio potentially indicates that the company has invested too much in innovation and infrastructure, taking up funds that could be used to boost productivity and increase revenue. Therefore, a high Capex to Revenue Ratio could be a positive or a negative sign depending on how effectively a company converts those investments into future earnings.
JetBlue Airways Capex-to-Revenue Related Terms
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JetBlue Airways (JetBlue Airways) Business Description
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.
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