Jetblue Airways (JBLU) Restructuring Costs (2018 - 2023)
Jetblue Airways' (JBLU) quarterly Restructuring Costs came in at $29.0 million in Q4 2023, down 48.21% year-over-year from $56.0 million in Q4 2022, and down 12.12% quarter-over-quarter from $33.0 million in Q3 2023.
Analysis
Jetblue Airways (JBLU) Restructuring Costs (2018 - 2023) Analysis & Trends
Jetblue Airways (JBLU) has reported Restructuring Costs for 6 consecutive years, with $29.0 million the latest figure, recorded in Q4 2023.
- On a quarterly basis, Restructuring Costs fell 48.21% year-over-year to $29.0 million in Q4 2023; TTM through Dec 2023 was $198.0 million, a 75.22% increase from a year earlier, with the FY2023 full-year figure at $197.0 million, up 74.34% from the prior year.
- Restructuring Costs was $29.0 million for Q4 2023 at Jetblue Airways, down from $33.0 million in the prior quarter.
- Over five years, Restructuring Costs peaked at $202.0 million in Q1 2020 and troughed at -$366.0 million in Q2 2021.
- A 5-year average of -$46.5 million and a median of $12.0 million in 2019 frame the typical range for Restructuring Costs.
- The widest YoY moves for Restructuring Costs: up 1583.33% in 2020, down 15300.0% in 2020.
- Over 5 years, Restructuring Costs stood at $2.0 million in 2019, then plunged by 3550.0% to -$69.0 million in 2020, then jumped by 111.59% to $8.0 million in 2021, then soared by 600.0% to $56.0 million in 2022, then slumped by 48.21% to $29.0 million in 2023.
- The last three Restructuring Costs figures came in at $29.0 million (Q4 2023), $33.0 million (Q3 2023), and $24.0 million (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 51.66 Bn | 46.99 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 28.60 Bn | 24.67 Bn | - |
| 3 | Southwest Airlines | 18.92 Bn | 15.13 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.36 Bn | 4.10 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn |
| 6 | Skywest | 3.79 Bn | 3.19 Bn | 1.01 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.29 Bn | 1.25 Bn | - |
| 8 | Allegiant Travel | 1.75 Bn | 699.04 Mn | 902.77 Mn |
| 9 | Jetblue Airways | 1.64 Bn | -375.44 Mn | 2.32 Bn |
| 10 | Frontier Group Holdings | 1.30 Bn | 347.83 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 29.00 Mn |
| Sep 30, 2023 | 33.00 Mn |
| Jun 30, 2023 | 24.00 Mn |
| Mar 31, 2023 | 112.00 Mn |
| Dec 31, 2022 | 56.00 Mn |
| Sep 30, 2022 | 13.00 Mn |
| Jun 30, 2022 | 44.00 Mn |
| Dec 31, 2021 | 8.00 Mn |
| Sep 30, 2021 | -186.00 Mn |
| Jun 30, 2021 | -366.00 Mn |
| Mar 31, 2021 | -289.00 Mn |
| Dec 31, 2020 | -69.00 Mn |
| Sep 30, 2020 | -112.00 Mn |
| Jun 30, 2020 | -304.00 Mn |
| Mar 31, 2020 | 202.00 Mn |
| Jun 30, 2019 | 2.00 Mn |
| Mar 31, 2019 | 12.00 Mn |
| Dec 31, 2018 | 4.00 Mn |
| Sep 30, 2018 | 112.00 Mn |
| Jun 30, 2018 | 319.00 Mn |