What is JetBlue Airways's cash ratio?

JetBlue Airways (JBLU) reported cash ratio of 0.4× in Q1 2026.

How has JetBlue Airways's cash ratio changed year-over-year?

JetBlue Airways's cash ratio decreased by 30.5% year-over-year, from 0.6× to 0.4×.

What is the long-term trend for JetBlue Airways's cash ratio?

Over 5 years (2020 to 2025), JetBlue Airways's cash ratio has grown at a -9.2% compound annual growth rate (CAGR), from 0.7× to 0.4×.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

JetBlue Airways JBLU Cash ratio

Cash ratio at other companies

Delta Air LinesDAL

0.2×0.0×

Southwest AirlinesLUV

0.3×-0.3×

Alaska Air GroupALK

0.1×-0.1×

ALG

Allegiant TravelALGT

0.3×0.0×

Frontier Group Holdings, Inc.ULCC

0.3×0.0×

United Airlines HoldingsUAL

0.3×-0.1×

Other financials

Income statement

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Revenue$2.2B+4.7%

Operating income-$224.0M-28.7%

Net income-$319.0M-53.4%

EPS (diluted)-$0.86-45.8%

Balance sheet

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Cash & equivalents$1.9B-19.2%

Total debt$9.8B+2.5%

Total equity$1.8B-26.0%

Total assets$16.6B-2.9%

Cash flow

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Operating cash flow$120.0M+5.3%

CapEx$126.0M-28.4%

Free cash flow-$6.0M+90.3%

Valuation

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Market cap$2.06B-3.9%

Enterprise value$9.98B+6.9%

P/S0.2×0.0×

Profitability

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Operating margin-4.6%-11.0pp

Net margin-7.8%-23.4pp

FCF margin-12.2%-0.5pp

Returns & leverage

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Return on equity-33.5%-68.2pp

Debt / equity5.4×+1.5×

Current ratio0.7×-0.3×

Where this comes from

Calculated from JetBlue Airways’s reported figures.

cash and equivalents/total current liabilities=0.4×

Based on the most recent quarter.

The official record: JetBlue Airways’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is JetBlue Airways's cash ratio?: JetBlue Airways (JBLU) reported cash ratio of 0.4× in Q1 2026.
How has JetBlue Airways's cash ratio changed year-over-year?: JetBlue Airways's cash ratio decreased by 30.5% year-over-year, from 0.6× to 0.4×.
What is the long-term trend for JetBlue Airways's cash ratio?: Over 5 years (2020 to 2025), JetBlue Airways's cash ratio has grown at a -9.2% compound annual growth rate (CAGR), from 0.7× to 0.4×.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.