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% on a QoQ basis from $4.01 in Q4 2025.
Jetblue Airways (JBLU) has 18 years of Debt to Equity data on file, last reported at $4.66 in Q1 2026.
- Quarterly Debt to Equity rose 34.46% year-over-year to $4.66 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.66 (up 34.46% YoY) and the FY2025 annual result came in at $4.01, up 23.98% from the prior year.
- Debt to Equity rose to $4.66 in Q1 2026 per JBLU's latest filing, from $4.01 in the prior quarter.
- Across five years, Debt to Equity topped out at $4.66 in Q1 2026 and bottomed at $1.02 in Q4 2022.
- The 5-year median for Debt to Equity is $1.9 (2024), against an average of $2.27.
- The widest annual swing landed in 2022, when Debt to Equity slipped 20.26%; it then surged 166.1% in 2024.
- Tracing JBLU's Debt to Equity over 5 years: stood at $1.02 in 2022, then soared by 38.07% to $1.41 in 2023, then jumped by 128.78% to $3.23 in 2024, then increased by 23.98% to $4.01 in 2025, then advanced by 16.26% to $4.66 in 2026.
- Per Business Quant, the three latest JBLU Debt to Equity figures stand at $4.66 (Q1 2026), $4.01 (Q4 2025), and $3.73 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 0.70 |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 0.78 |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | - |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 1.43 |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 0.88 |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 0.71 |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 4.66 |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 1.63 |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 2.63 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 1.37 |
| Dec 31, 2020 | 1.23 |
| Sep 30, 2020 | 1.30 |
| Jun 30, 2020 | 0.93 |
| Mar 31, 2020 | 0.51 |
| Dec 31, 2019 | 0.49 |
| Sep 30, 2019 | 0.34 |
| Jun 30, 2019 | 0.32 |
| Mar 31, 2019 | 0.33 |
| Dec 31, 2018 | 0.36 |
| Sep 30, 2018 | 0.36 |
| Jun 30, 2018 | 0.30 |
| Mar 31, 2018 | 0.24 |
| Dec 31, 2017 | 0.25 |
| Sep 30, 2017 | 0.30 |
| Jun 30, 2017 | 0.32 |
| Mar 31, 2017 | 0.33 |
| Dec 31, 2016 | 0.34 |
| Sep 30, 2016 | 0.44 |
| Jun 30, 2016 | 0.48 |
| Mar 31, 2016 | 0.52 |
| Dec 31, 2015 | 0.57 |
| Sep 30, 2015 | 0.66 |
| Jun 30, 2015 | 0.73 |
| Mar 31, 2015 | 0.81 |
| Dec 31, 2014 | 0.88 |
| Sep 30, 2014 | 0.99 |
| Jun 30, 2014 | 1.03 |
| Mar 31, 2014 | 0.23 |
| Dec 31, 2013 | 1.21 |
| Sep 30, 2013 | 1.41 |
| Jun 30, 2013 | 1.46 |
| Mar 31, 2013 | 1.49 |
| Dec 31, 2012 | 1.51 |
| Sep 30, 2012 | 1.51 |
| Jun 30, 2012 | 1.43 |
| Mar 31, 2012 | 1.67 |
| Dec 31, 2011 | 1.73 |
| Sep 30, 2011 | 1.79 |
| Jun 30, 2011 | 1.82 |
| Mar 31, 2011 | 1.84 |
| Dec 31, 2010 | 1.83 |
| Sep 30, 2010 | 1.88 |
| Jun 30, 2010 | 1.99 |
| Dec 31, 2009 | 2.14 |