Jetblue Airways (JBLU) Non Operating Interest Expenses (2019 - 2024)
Jetblue Airways (JBLU) posted quarterly Non Operating Interest Expenses of $53.0 million for Q1 2024, up 15.22% year-over-year from $46.0 million in Q2 2023, and down 18.46% quarter-over-quarter from $65.0 million in Q4 2023.
Jetblue Airways (JBLU) Non Operating Interest Expenses (2019 - 2024) Analysis & Trends
Jetblue Airways (JBLU) has reported Non Operating Interest Expenses for 6 consecutive years, with $53.0 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Non Operating Interest Expenses rose 15.22% year-over-year to $53.0 million; the TTM figure through Mar 2024 stood at $218.0 million (up 24.57% YoY), while the FY2023 annual figure was $210.0 million, up 26.51% from the prior year.
- Non Operating Interest Expenses eased to $53.0 million in Q1 2024 per JBLU's latest filing, from $65.0 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $65.0 million in Q4 2023 and bottomed at $25.0 million in Q1 2020.
- Historically, Non Operating Interest Expenses has averaged $47.2 million across 5 years, with a median of $46.0 million in 2023.
- Annual changes were most pronounced in 2020 — Non Operating Interest Expenses surged 211.11% — and 2022, when it sank 36.21%.
- Jetblue Airways' Non Operating Interest Expenses stood at $58.0 million in 2020, then tumbled by 32.76% to $39.0 million in 2021, then rose by 15.38% to $45.0 million in 2022, then surged by 44.44% to $65.0 million in 2023, then slipped by 18.46% to $53.0 million in 2024.
- Business Quant data shows JBLU's Non Operating Interest Expenses at $53.0 million in Q1 2024, $65.0 million in Q4 2023, and $53.0 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | - |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | 64.00 Mn |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | -28.18 Mn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | 86.00 Mn |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | 24.93 Mn |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | 40.07 Mn |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | 147.00 Mn |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | 10.00 Mn |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn | 16.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 53.00 Mn |
| Dec 31, 2023 | 65.00 Mn |
| Sep 30, 2023 | 53.00 Mn |
| Jun 30, 2023 | 47.00 Mn |
| Mar 31, 2023 | 46.00 Mn |
| Dec 31, 2022 | 45.00 Mn |
| Sep 30, 2022 | 44.00 Mn |
| Jun 30, 2022 | 40.00 Mn |
| Mar 31, 2022 | 37.00 Mn |
| Dec 31, 2021 | 39.00 Mn |
| Sep 30, 2021 | 42.00 Mn |
| Jun 30, 2021 | 54.00 Mn |
| Mar 31, 2021 | 58.00 Mn |
| Dec 31, 2020 | 58.00 Mn |
| Sep 30, 2020 | 56.00 Mn |
| Jun 30, 2020 | 40.00 Mn |
| Mar 31, 2020 | 25.00 Mn |
| Dec 31, 2019 | 22.00 Mn |
| Sep 30, 2019 | 18.00 Mn |
| Jun 30, 2019 | 19.00 Mn |