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JetBlue Airways (LTS:0JOT) Net Margin % : -2.54% (As of Sep. 2024)


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What is JetBlue Airways Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. JetBlue Airways's Net Income for the three months ended in Sep. 2024 was $-60 Mil. JetBlue Airways's Revenue for the three months ended in Sep. 2024 was $2,365 Mil. Therefore, JetBlue Airways's net margin for the quarter that ended in Sep. 2024 was -2.54%.

The historical rank and industry rank for JetBlue Airways's Net Margin % or its related term are showing as below:

LTS:0JOT' s Net Margin % Range Over the Past 10 Years
Min: -45.79   Med: 4.68   Max: 16.26
Current: -9.16


LTS:0JOT's Net Margin % is ranked worse than
90.78% of 965 companies
in the Transportation industry
Industry Median: 5.3 vs LTS:0JOT: -9.16

JetBlue Airways Net Margin % Historical Data

The historical data trend for JetBlue Airways's Net Margin % 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.

JetBlue Airways Net Margin % Chart

JetBlue Airways Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.03 -45.79 -3.01 -3.95 -3.22

JetBlue Airways Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % 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 -6.50 -4.43 -32.41 1.03 -2.54

Competitive Comparison of JetBlue Airways's Net Margin %

For the Airlines subindustry, JetBlue Airways's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JetBlue Airways's Net Margin % distribution charts can be found below:

* The bar in red indicates where JetBlue Airways's Net Margin % falls into.



JetBlue Airways Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

JetBlue Airways's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-310/9615
=-3.22 %

JetBlue Airways's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-60/2365
=-2.54 %

* 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  (LTS:0JOT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


JetBlue Airways Net Margin % Related Terms

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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 operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.

JetBlue Airways Headlines

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