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| 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 |