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JetBlue Airways JBLU Return on invested capital

Return on invested capital at other companies

Delta Air Lines logo
Delta Air LinesDAL
13.5%-0.3pp
Southwest Airlines logo
Southwest AirlinesLUV
8%+4.3pp
Alaska Air Group logo
Alaska Air GroupALK
2.3%-2.6pp
ALG
Allegiant TravelALGT
3.6%+2.1pp
Frontier Group Holdings, Inc. logo
Frontier Group Holdings, Inc.ULCC
-3.4%-3.5pp
United Airlines Holdings logo
United Airlines HoldingsUAL
10.7%-1.8pp

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.

Based on trailing twelve months.

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 return on invested capital?
JetBlue Airways (JBLU) reported return on invested capital of -4.3% in Q1 2026.
How has JetBlue Airways's return on invested capital changed year-over-year?
JetBlue Airways's return on invested capital decreased by 132.7% year-over-year, from -1.9% to -4.3%.
What is the long-term trend for JetBlue Airways's return on invested capital?
Over 5 years (2020 to 2025), JetBlue Airways's return on invested capital has grown at a -30.8% compound annual growth rate (CAGR), from -23.2% to -3.7%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.