JetBlue Airways Corporation (JBLU) Financial Statements (2024 and earlier)

Company Profile

Business Address 27-01 QUEENS PLAZA NORTH
LONG ISLAND CITY, NY 11101
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4512 - Air Transportation, Scheduled (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:1,5671,3922,8423,1001,328887
Cash and cash equivalents1,1661,0422,0181,918959474
Short-term investments4013508241,135369413
Other undisclosed cash, cash equivalents, and short-term investments    47  
Receivables33631720798231211
Inventory, net of allowances, customer advances and progress billings1098774718178
Inventory1098774718178
Prepaid expense     146298
Other undisclosed current assets14812012476  
Total current assets:2,1601,9163,2473,3451,7861,474
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization  23131 
Operating lease, right-of-use asset593660729804912
Property, plant and equipment1,3101,3141,2051,2028,6148,315
Long-term investments and receivables206210713633
Long-term investments206210713633
Intangible assets, net (including goodwill)349298284261  
Intangible assets, net (excluding goodwill)349298284261  
Restricted cash and investments15114659515959
Other noncurrent assets762706470544544575
Other undisclosed noncurrent assets8,3227,7937,5747,032  
Total noncurrent assets:11,69311,12910,39510,06110,1328,952
TOTAL ASSETS:13,85313,04513,64213,40611,91810,426
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,7411,5161,3389891,0721,074
Employee-related liabilities480409376313
Accounts payable641532499365401437
Accrued liabilities1,100984359215295324
Deferred revenue1,4631,5811,6181,122 
Debt307554355 344309
Other undisclosed current liabilities117971065631,2471,035
Total current liabilities:3,6283,7483,4172,6742,6632,418
Noncurrent Liabilities
Long-term debt and lease obligation, including:4,4093,0933,6514,4131,9901,361
Capital lease obligations90
Finance lease, liability   22658
Other undisclosed long-term debt and lease obligation4,4093,0932,9593,6351,2421,271
Liabilities, other than long-term debt2,4792,6412,0401,621491,172
Deferred revenue740738640616 
Asset retirement obligations   5557
Deferred tax liabilities, net1,088
Deferred income tax liabilities743770843922 
Other liabilities449494552784477
Operating lease, liability547639690752690
Other undisclosed noncurrent liabilities   6857472,417864
Total noncurrent liabilities:6,8885,7346,3766,7814,4563,397
Total liabilities:10,5169,4829,7939,4557,1195,815
Equity
Equity, attributable to parent3,3373,5633,8493,9514,7994,611
Common stock555544
Treasury stock, value(1,999)(1,995)(1,989)(1,981)(1,782)(1,272)
Additional paid in capital3,2213,1293,0472,9592,2532,203
Accumulated other comprehensive income (loss)(4)   2(3)
Retained earnings2,1142,4242,7862,9684,3223,679
Total equity:3,3373,5633,8493,9514,7994,611
TOTAL LIABILITIES AND EQUITY:13,85313,04513,64213,40611,91810,426

Income Statement (P&L) ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues9,6159,1586,0372,9578,0947,658
Cost of revenue(7,370)(7,184)(4,286)(2,857)(5,342)(4,848)
Cost of goods and services sold(3,503)(3,763)(2,163)(1,074)(2,420)(2,422)
Gross profit:2,2451,9741,7511002,7522,810
Operating expenses(2,475)(2,272)(1,831)(1,814)(1,952)(2,522)
Operating income (loss):(230)(298)(80)(1,714)800288
Nonoperating expense(104)(139)(183)(179)(32)(69)
Investment income, nonoperating9(9)44 15 
Other nonoperating income (expense)8(3)(52)   
Interest and debt expense (7)(7)(50)(2)(3)(23)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes   2323
Income (loss) from continuing operations before equity method investments, income taxes:(341)(444)(313)(1,893)768219
Other undisclosed income from continuing operations before income taxes7750   
Income (loss) from continuing operations before income taxes:(334)(437)(263)(1,893)768219
Income tax expense (benefit)247581539(199)(31)
Income (loss) from continuing operations:(310)(362)(182)(1,354)569188
Income (loss) before gain (loss) on sale of properties:(182)(1,354)569188
Net income (loss) available to common stockholders, diluted:(310)(362)(182)(1,354)569188

Comprehensive Income ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):(310)(362)(182)(1,354)569188
Other comprehensive income (loss)(4)  (2)5(3)
Comprehensive income (loss), net of tax, attributable to parent:(314)(362)(182)(1,356)574185

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: