Jetblue Airways (JBLU) Acquisitions (2022 - 2024)
Jetblue Airways (JBLU) posted quarterly Acquisitions of $22.0 million for Q1 2024, down 33.33% year-over-year from $33.0 million in Q2 2023, and down 33.33% quarter-over-quarter from $33.0 million in Q4 2023.
Jetblue Airways (JBLU) Acquisitions (2022 - 2024) Analysis & Trends
Jetblue Airways (JBLU) has reported Acquisitions for 3 consecutive years, with $22.0 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Acquisitions fell 33.33% year-over-year to $22.0 million; the TTM figure through Dec 2024 stood at $22.0 million (down 83.21% YoY), while the FY2024 annual figure was $22.0 million, down 83.21% from the prior year.
- Acquisitions slipped to $22.0 million in Q1 2024 per JBLU's latest filing, from $33.0 million in the prior quarter.
- Across five years, Acquisitions topped out at $272.0 million in Q4 2022 and bottomed at $22.0 million in Q1 2024.
- Historically, Acquisitions has averaged $64.3 million across 3 years, with a median of $33.0 million in 2023.
- On a YoY basis, Acquisitions climbed as much as 28.0% in 2023 and fell as far as 87.87% in 2023.
- Jetblue Airways' Acquisitions stood at $272.0 million in 2022, then sank by 87.87% to $33.0 million in 2023, then plunged by 33.33% to $22.0 million in 2024.
- Business Quant data shows JBLU's Acquisitions at $22.0 million in Q1 2024, $33.0 million in Q4 2023, and $32.0 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | - |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | - |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | - |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | - |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | - |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | - |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | - |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 22.00 Mn |
| Dec 31, 2023 | 33.00 Mn |
| Sep 30, 2023 | 32.00 Mn |
| Jun 30, 2023 | 33.00 Mn |
| Mar 31, 2023 | 33.00 Mn |
| Dec 31, 2022 | 272.00 Mn |
| Sep 30, 2022 | 25.00 Mn |