Jetblue Airways (JBLU) Debt to Equity (2009 - 2026)

Jetblue Airways (JBLU) reported Debt to Equity of $4.66 for Q1 2026, up 34.46% year-over-year from $3.47 in Q1 2025, and up 16.26% quarter-over-quarter from $4.01 in Q4 2025.

Jetblue Airways (JBLU) Debt to Equity (2009 - 2026) Analysis & Trends

Jetblue Airways (JBLU) has 18 years of Debt to Equity data on file, last reported at $4.66 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $4.66, up 34.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.66 (up 34.46% YoY), and the FY2025 annual result was $4.01, up 23.98% from the prior year.
  • Debt to Equity improved to $4.66 in Q1 2026 per JBLU's latest filing, from $4.01 in the prior quarter.
  • Over five years, Debt to Equity peaked at $4.66 in Q1 2026 and troughed at $1.02 in Q4 2022.
  • A 5-year average of $2.27 and a median of $1.9 in 2024 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2022 and 2024: Debt to Equity declined 20.26% in 2022, then jumped 166.1% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $1.02 in 2022, then surged by 38.07% to $1.41 in 2023, then soared by 128.78% to $3.23 in 2024, then gained by 23.98% to $4.01 in 2025, then grew by 16.26% to $4.66 in 2026.
  • Business Quant data shows JBLU's Debt to Equity at $4.66 in Q1 2026, $4.01 in Q4 2025, and $3.73 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 0.13
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 0.70
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn -
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 0.78
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 0.71
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 1.43
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 0.88
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 4.66
10 Allegiant Travel 1.82 Bn 921.81 Mn 651.87 Mn 1.63

Historic Data

Download Data
DateValue
Mar 31, 2026 4.66
Dec 31, 2025 4.01
Sep 30, 2025 3.73
Jun 30, 2025 3.51
Mar 31, 2025 3.47
Dec 31, 2024 3.23
Sep 30, 2024 3.11
Jun 30, 2024 1.99
Mar 31, 2024 1.90
Dec 31, 2023 1.41
Sep 30, 2023 1.17
Jun 30, 2023 1.06
Mar 31, 2023 1.06
Dec 31, 2022 1.02
Sep 30, 2022 1.07
Jun 30, 2022 1.11
Mar 31, 2022 1.09
Dec 31, 2021 1.04
Sep 30, 2021 1.05
Jun 30, 2021 1.16