JBLU vs LUV
JetBlue Airways Corp. and Southwest Airlines Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | JBLU | LUV |
|---|---|---|
| Revenue | $9.1B | $28.1B |
| Net income | $-602.0M | $441.0M |
| Gross margin | · | · |
| Net margin | −6.6% | 1.6% |
| Return on equity | −25.3% | 4.8% |
| Diluted EPS | −$1.66 | $0.79 |
| Dividend / share | · | $0.72 |
| Payout ratio | · | 90.5% |
| Free cash flow | $-1.2B | $-831.0M |
| Equity | $2.1B | $8.0B |
| Net debt / equity | 2.73× | 0.21× |
| Current ratio | 0.74× | 0.52× |
| Revenue CAGR 5y | 25.1% | 25.4% |
| Profit CAGR 5y | · | · |
LUV bills 3.1× the revenue of JBLU, and JBLU closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | JBLU | LUV |
|---|---|---|
| FY2025 | $9.1B | $28.1B |
| FY2024 | $9.3B | $27.5B |
| FY2023 | $9.6B | $26.1B |
| FY2022 | $9.2B | $23.8B |
| FY2021 | $6.0B | $15.8B |
| FY2020 | $3.0B | $9.0B |
| FY2019 | $8.1B | $22.4B |
| FY2018 | $7.7B | $22.0B |
| FY2017 | $7.0B | $21.1B |
| FY2016 | $6.6B | $20.3B |
Bottom line
| Fiscal year | JBLU | LUV |
|---|---|---|
| FY2025 | $-602.0M | $441.0M |
| FY2024 | $-795.0M | $465.0M |
| FY2023 | $-310.0M | $465.0M |
| FY2022 | $-362.0M | $539.0M |
| FY2021 | $-182.0M | $977.0M |
| FY2020 | $-1.4B | $-3.1B |
| FY2019 | $569.0M | $2.3B |
| FY2018 | $189.0M | $2.5B |
| FY2017 | $1.1B | $3.4B |
| FY2016 | $727.0M | $2.2B |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$19,001,000,000 | LUV |
| FY2024 | −$18,204,000,000 | LUV |
| FY2023 | −$16,476,000,000 | LUV |
| FY2022 | −$14,656,000,000 | LUV |
| FY2021 | −$9,753,000,000 | LUV |
| FY2020 | −$6,091,000,000 | LUV |
| FY2019 | −$14,334,000,000 | LUV |
| FY2018 | −$14,307,000,000 | LUV |
| FY2017 | −$14,134,000,000 | LUV |
| FY2016 | −$13,705,000,000 | LUV |
| FY2015 | −$13,404,000,000 | LUV |
| FY2014 | −$12,788,000,000 | LUV |
| FY2013 | −$12,258,000,000 | LUV |
| FY2012 | −$12,106,000,000 | LUV |
| FY2011 | −$11,154,000,000 | LUV |
| FY2010 | −$8,325,000,000 | LUV |
| FY2009 | −$7,058,000,000 | LUV |
| FY2008 | −$7,631,000,000 | LUV |
LUV has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −8.2 pp | LUV |
| FY2024 | −10.3 pp | LUV |
| FY2023 | −5.0 pp | LUV |
| FY2022 | −6.2 pp | LUV |
| FY2021 | −9.2 pp | LUV |
| FY2020 | −11.8 pp | LUV |
| FY2019 | −3.2 pp | LUV |
| FY2018 | −8.8 pp | LUV |
| FY2017 | +0.4 pp | JBLU |
| FY2016 | +0.3 pp | JBLU |
| FY2015 | −0.5 pp | LUV |
| FY2014 | +0.8 pp | JBLU |
| FY2013 | −1.2 pp | LUV |
| FY2012 | +0.1 pp | JBLU |
| FY2011 | +0.8 pp | JBLU |
| FY2010 | −1.2 pp | LUV |
| FY2009 | +0.9 pp | JBLU |
| FY2008 | −4.1 pp | LUV |
The higher net margin has changed hands between JBLU and LUV over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
JBLU's net margin has been more volatile than LUV's over the 18 comparable fiscal years — 12.7 percentage points of standard deviation against 10.0.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between JBLU and LUV over these 18 fiscal years — JBLU led in 6 and LUV in 12.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
JBLU's return on equity has been more volatile than LUV's over the 18 comparable fiscal years — 16.4 percentage points of standard deviation against 15.4.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between JBLU and LUV over these 18 fiscal years — JBLU led in 5 and LUV in 13.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.