JetBlue Airways (MIL:1JAM) Debt-to-Equity: 5.91 (As of Jun. 2026) — 358% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1JAM JetBlue Airways Corp MIL:1JAM
44 GF Score
Price €5.10
GF Value €4.12
Valuation Modestly Overvalued
! 10 Warning Signs
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What is JetBlue Airways Debt-to-Equity?

JetBlue Airways MIL:1JAM 44 Debt-to-Equity is 5.91 as of Jun. 2026, which is 358% above its 10-year median of 1.29. GuruFocus rates MIL:1JAM with a GF Score™ of 44/100 and a GF Value™ of €4.12 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 909 Transportation companies, JetBlue Airways ranks worse than 97.69% on this metric.

JetBlue Airways's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €498 Mil. JetBlue Airways's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €7,649 Mil. JetBlue Airways's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €1,378 Mil. JetBlue Airways's debt to equity for the quarter that ended in Jun. 2026 was 5.91.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for JetBlue Airways's Debt-to-Equity or its related term are showing as below:

MIL:1JAM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 1.29   Max: 5.91
Current: 5.91

During the past 13 years, the highest Debt-to-Equity Ratio of JetBlue Airways was 5.91. The lowest was 0.24. And the median was 1.29.

MIL:1JAM's Debt-to-Equity is ranked worse than
97.69% of 909 companies
in the Transportation industry
Industry Median: 0.53 vs MIL:1JAM: 5.91

JetBlue Airways  (MIL:1JAM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


JetBlue Airways Debt-to-Equity Related Terms


JetBlue Airways Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for JetBlue Airways's Debt-to-Equity 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 Debt-to-Equity Chart

JetBlue Airways Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.23 1.61 3.46 4.44

JetBlue Airways Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity 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 3.91 4.15 4.44 5.16 5.91

MIL:1JAM vs ULCC, ALGT, RJET: Debt-to-Equity Comparison

For the Airlines subindustry, JetBlue Airways's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, JetBlue Airways's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where JetBlue Airways's Debt-to-Equity falls into.


MIL:1JAM
44GF Score
JetBlue Airways Corp MIL:1JAM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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JetBlue Airways Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JetBlue Airways's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

JetBlue Airways's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 5.91 mean?
JetBlue Airways (MIL:1JAM) has a Debt-to-Equity of 5.91 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on JetBlue Airways and its competitors. This is 358% above median its historical median of 1.29. Over the past decade, JetBlue Airways' Debt-to-Equity has ranged from 0.24 to 5.91. According to the industry distribution chart, JetBlue Airways ranks #888 out of 909 companies in the Transportation industry, placing it in the top 97.7%.
Is JetBlue Airways' Debt-to-Equity too high?
JetBlue Airways' current Debt-to-Equity of 5.91 is 358% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 5.91. The Transportation industry median Debt-to-Equity is 0.53. JetBlue Airways' value of 5.91 is 1015.1% above this industry median. Based on the distribution chart, JetBlue Airways ranks #888 out of 909 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, JetBlue Airways has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JetBlue Airways' Debt-to-Equity compare to ULCC and ALGT?
According to the Transportation industry distribution chart, JetBlue Airways ranks #888 out of 909 companies for Debt-to-Equity. This places JetBlue Airways in the lower half of its industry. The industry median Debt-to-Equity is 0.53. JetBlue Airways' value of 5.91 is 1015.1% above this benchmark. Historically, JetBlue Airways' own Debt-to-Equity has ranged from 0.24 to 5.91 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 0.53, JetBlue Airways has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 909 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JetBlue Airways's current Debt-to-Equity of 5.91 is 1015.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on JetBlue Airways and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JetBlue Airways's current Debt-to-Equity is 5.91, which is 358% above median its own 10-year median of 1.29. 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 (MIL:1JAM) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.12, compared to a current price of €5.10 — trading 23.7% above its estimated fair value. The current Debt-to-Equity is 5.91, which is 358% above median its 10-year median of 1.29 and 1015.1% above the Transportation industry median of 0.53. JetBlue Airways' overall GF Score™ is 44/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For JetBlue Airways (MIL:1JAM), the current Debt-to-Equity is 5.91 as of Jun. 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 (MIL:1JAM) Overvalued in 2026?

Based on GuruFocus' analysis, JetBlue Airways stock appears to be overvalued. The current stock price of €5.10 is trading 23.7% above its estimated GF Value™ of €4.12. GuruFocus considers JetBlue Airways to be Modestly Overvalued.

Key valuation signals for MIL:1JAM:

  • Debt-to-Equity: 5.91 (358% above median its 10-year median of 1.29)
  • GF Value™: €4.12 vs. price of €5.10 (23.7% above fair value)
  • GF Score™: 44/100 with 10 warning signs
  • Industry Position: 1015.1% above the Transportation median (#888 of 909)

No single metric tells the full story. See the MIL:1JAM 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.
44GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.10
Price
€4.12
GF Value