JetBlue Airways (MEX:JBLU) Cyclically Adjusted FCF per Share: MXN-23.65 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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MEX:JBLU JetBlue Airways Corp MEX:JBLU
63 GF Score
Price MXN98.00
GF Value MXN95.86
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is JetBlue Airways Cyclically Adjusted FCF per Share?

JetBlue Airways MEX:JBLU 63 Cyclically Adjusted FCF per Share is MXN-23.65 as of Mar. 2026. GuruFocus rates MEX:JBLU with a GF Score™ of 63/100 and a GF Value™ of MXN95.86 (Fairly Valued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

JetBlue Airways's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN-1.021. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MXN-23.65 for the trailing ten years ended in Mar. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of JetBlue Airways was 69.80% per year. The lowest was -34.80% per year. And the median was 0.25% per year.

As of today (2026-07-26), JetBlue Airways's current stock price is MXN98.00. JetBlue Airways's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN-23.65. JetBlue Airways's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of JetBlue Airways was 765.00. The lowest was 9.93. And the median was 37.68.


JetBlue Airways  (MEX:JBLU) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of JetBlue Airways was 765.00. The lowest was 9.93. And the median was 37.68.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


JetBlue Airways Cyclically Adjusted FCF per Share Related Terms


JetBlue Airways Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for JetBlue Airways's Cyclically Adjusted FCF per Share 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.

JetBlue Airways Cyclically Adjusted FCF per Share Chart

JetBlue Airways Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.23 3.86 -1.36 -11.51 -20.93

JetBlue Airways Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 -15.91 -16.70 -21.24 -20.93 -23.65

MEX:JBLU vs ULCC, ALGT, RJET: Cyclically Adjusted FCF per Share Comparison

For the Airlines subindustry, JetBlue Airways's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, JetBlue Airways's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where JetBlue Airways's Cyclically Adjusted Price-to-FCF falls into.


MEX:JBLU
63GF Score
JetBlue Airways Corp MEX:JBLU
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JetBlue Airways Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, JetBlue Airways's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-1.021/330.2130*330.2130
=-1.021

Current CPI (Mar. 2026) = 330.2130.

JetBlue Airways Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 14.624 241.018 20.036
201609 1.634 241.428 2.235
201612 -5.925 241.432 -8.104
201703 8.184 243.801 11.085
201706 7.688 244.955 10.364
201709 -0.941 246.819 -1.259
201712 -5.691 246.524 -7.623
201803 16.178 249.554 21.407
201806 1.809 251.989 2.371
201809 -3.195 252.439 -4.179
201812 -11.255 251.233 -14.793
201903 16.181 254.202 21.019
201906 15.403 256.143 19.857
201909 1.535 256.759 1.974
201912 -14.920 256.974 -19.172
202003 -20.555 258.115 -26.297
202006 2.719 257.797 3.483
202009 -49.307 260.280 -62.555
202012 -44.152 260.474 -55.973
202103 -2.585 264.877 -3.223
202106 71.699 271.696 87.141
202109 -10.623 274.310 -12.788
202112 -19.546 278.802 -23.150
202203 7.020 287.504 8.063
202206 -9.527 296.311 -10.617
202209 -14.730 296.808 -16.388
202212 -15.864 296.797 -17.650
202303 12.820 301.836 14.025
202306 -1.388 305.109 -1.502
202309 -25.765 307.789 -27.642
202312 -26.018 306.746 -28.008
202403 -12.800 312.332 -13.533
202406 -24.416 314.175 -25.662
202409 -17.823 315.301 -18.666
202412 -25.714 315.605 -26.904
202503 -4.222 319.799 -4.359
202506 -22.097 322.561 -22.621
202509 -21.335 324.800 -21.691
202512 -14.432 324.054 -14.706
202603 -1.021 330.213 -1.021

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of MXN-23.65 mean?
JetBlue Airways (MEX:JBLU) has a Cyclically Adjusted FCF per Share of MXN-23.65 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on JetBlue Airways and its competitors.
Is JetBlue Airways' Cyclically Adjusted FCF per Share too high?
JetBlue Airways' current Cyclically Adjusted FCF per Share is MXN-23.65. Overall, JetBlue Airways has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JetBlue Airways' Cyclically Adjusted FCF per Share compare to ULCC and ALGT?
JetBlue Airways' Cyclically Adjusted FCF per Share of MXN-23.65 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Transportation company?
A good Cyclically Adjusted FCF per Share depends on the Transportation industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on JetBlue Airways and its competitors. JetBlue Airways's current Cyclically Adjusted FCF per Share is MXN-23.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JetBlue Airways stock overvalued right now?
Based on GuruFocus' analysis, JetBlue Airways (MEX:JBLU) is currently considered Fairly Valued. The stock's GF Value™ is MXN95.86, compared to a current price of MXN98.00 — trading 2.2% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN-23.65. JetBlue Airways' overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For JetBlue Airways (MEX:JBLU), the current Cyclically Adjusted FCF per Share is MXN-23.65 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JetBlue Airways (MEX:JBLU) Overvalued in 2026?

Based on GuruFocus' analysis, JetBlue Airways stock appears to be overvalued. The current stock price of MXN98.00 is trading 2.2% above its estimated GF Value™ of MXN95.86. GuruFocus considers JetBlue Airways to be Fairly Valued.

Key valuation signals for MEX:JBLU:

  • Cyclically Adjusted FCF per Share: MXN-23.65
  • GF Value™: MXN95.86 vs. price of MXN98.00 (2.2% above fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the MEX:JBLU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JetBlue Airways Business Description

Address 27-01 Queens Plaza North, Long Island City, NY, USA, 11101
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 company has one operating segment, Air Transportation Services, which provides services in the United States, the Caribbean, Latin America, Canada, and Europe. The majority of revenue is generated from the Domestic & Canada segment.
63GF Score

Get the complete analysis for MEX:JBLU

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN98.00
Price
MXN95.86
GF Value