JBLU (JetBlue Airways) ROE %: -64.94% (As of Mar. 2026)


JBLU JetBlue Airways Corp JBLU
69 GF Score
Price $6.00
GF Value $5.09
Valuation Modestly Overvalued
! 10 Warning Signs
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What is JetBlue Airways ROE %?

JetBlue Airways JBLU +1.27% 69 ROE % is -64.94% as of Mar. 2026. GuruFocus rates JBLU with a GF Score™ of 69/100 and a GF Value™ of $5.09 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 991 Transportation companies, JetBlue Airways ranks worse than 95.26% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. JetBlue Airways's annualized net income for the quarter that ended in Mar. 2026 was $-1,276 Mil. JetBlue Airways's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,965 Mil. Therefore, JetBlue Airways's annualized ROE % for the quarter that ended in Mar. 2026 was -64.94%.

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

JBLU' s ROE % Range Over the Past 10 Years
Min: -32.25   Med: -6.83   Max: 26.07
Current: -32.25

During the past 13 years, JetBlue Airways's highest ROE % was 26.07%. The lowest was -32.25%. And the median was -6.83%.

JBLU's ROE % is ranked worse than
95.26% of 991 companies
in the Transportation industry
Industry Median: 7.62 vs JBLU: -32.25

JetBlue Airways  (NAS:JBLU) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-1276/1965
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1276 / 8960)*(8960 / 16590.5)*(16590.5 / 1965)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.24 %*0.5401*8.443
=ROA %*Equity Multiplier
=-7.69 %*8.443
=-64.94 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-1276/1965
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1276 / -1344) * (-1344 / -896) * (-896 / 8960) * (8960 / 16590.5) * (16590.5 / 1965)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9494 * 1.5 * -10 % * 0.5401 * 8.443
=-64.94 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


JetBlue Airways ROE % Related Terms


JetBlue Airways ROE % Historical Data

* Premium members only.

The historical data trend for JetBlue Airways's ROE % 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 ROE % Chart

JetBlue Airways Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.67 -9.77 -8.99 -26.60 -25.29

JetBlue Airways Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 -32.72 -12.20 -24.45 -32.26 -64.94

JBLU vs ALGT, ULCC, RJET: ROE % Comparison

For the Airlines subindustry, JetBlue Airways's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Transportation Industry

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

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


JBLU
69GF Score
JetBlue Airways Corp JBLU
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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JetBlue Airways ROE % Calculation

JetBlue Airways's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-602/( (2641+2120)/ 2 )
=-602/2380.5
=-25.29 %

JetBlue Airways's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-1276/( (2120+1810)/ 2 )
=-1276/1965
=-64.94 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -64.94% mean?
JetBlue Airways (JBLU) has a ROE % of -64.94% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on JetBlue Airways and its competitors. According to the industry distribution chart, JetBlue Airways ranks #944 out of 991 companies in the Transportation industry, placing it in the top 95.3%.
Is JetBlue Airways' ROE % too high?
JetBlue Airways' current ROE % is -64.94%. Based on the distribution chart, JetBlue Airways ranks #944 out of 991 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, JetBlue Airways has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JetBlue Airways' ROE % compare to ALGT and ULCC?
According to the Transportation industry distribution chart, JetBlue Airways ranks #944 out of 991 companies for ROE %. This places JetBlue Airways in the lower half of its industry. The industry median ROE % is 7.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.62, based on 991 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on JetBlue Airways and its competitors. For the Transportation industry, the median ROE % is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JetBlue Airways's current ROE % is -64.94%. 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 (JBLU) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.09, compared to a current price of $6.00 — trading 17.9% above its estimated fair value. The current ROE % is -64.94%. JetBlue Airways' overall GF Score™ is 69/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For JetBlue Airways (JBLU), the current ROE % is -64.94% 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 (JBLU) Overvalued in 2026?

Based on GuruFocus' analysis, JetBlue Airways stock appears to be overvalued. The current stock price of $6.00 is trading 17.9% above its estimated GF Value™ of $5.09. GuruFocus considers JetBlue Airways to be Modestly Overvalued.

Key valuation signals for JBLU:

  • ROE %: -64.94%
  • GF Value™: $5.09 vs. price of $6.00 (17.9% above fair value)
  • GF Score™: 69/100 with 10 warning signs

No single metric tells the full story. See the 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.
69GF Score

Get the complete analysis for JBLU

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

$6.00
Price
$5.09
GF Value