Jetblue Airways Debt-to-EBITDA Ratio Growth & History (JBLU)
Jetblue Airways's debt-to-ebitda ratio was 29.62 for fiscal 2025.
View full Jetblue Airways company overviewJetblue Airways annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 29.62 | — | — |
| 2023 | 2023-12-31 | 13.82 | −1.55 | −10.09% |
| 2022 | 2022-12-31 | 15.37 | 4.86 | +46.17% |
| 2021 | 2021-12-31 | 10.52 | — | — |
| 2019 | 2019-12-31 | 2.39 | −1.16 | −32.65% |
| 2018 | 2018-12-31 | 3.55 | 2.69 | +311.16% |
| 2017 | 2017-12-31 | 0.86 | 0.02 | +2.38% |
| 2016 | 2016-12-31 | 0.84 | −0.34 | −28.52% |
| 2015 | 2015-12-31 | 1.18 | −1.49 | −55.85% |
| 2014 | 2014-12-31 | 2.67 | −0.93 | −25.72% |
| 2013 | 2013-12-31 | 3.60 | −0.90 | −19.94% |
| 2012 | 2012-12-31 | 4.50 | −1.00 | −18.12% |
| 2011 | 2011-12-31 | 5.49 | 0.01 | +0.13% |
| 2010 | 2010-12-31 | 5.48 | −0.21 | −3.64% |
| 2009 | 2009-12-31 | 5.69 | — | — |
Jetblue Airways quarterly debt-to-ebitda ratio
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 64.69 | 45.05 | +229.43% |
| Q1 2026 | 2026-03-31 | 33.43 | 15.39 | +85.31% |
| Q4 2025 | 2025-12-31 | 29.62 | — | — |
| Q3 2025 | 2025-09-30 | 22.12 | — | — |
| Q2 2025 | 2025-06-30 | 19.64 | — | — |
| Q1 2025 | 2025-03-31 | 18.04 | — | — |
| Q4 2023 | 2023-12-31 | 13.82 | −1.55 | −10.09% |
| Q3 2023 | 2023-09-30 | 9.52 | −24.87 | −72.31% |
| Q2 2023 | 2023-06-30 | 5.72 | −21.08 | −78.66% |
| Q1 2023 | 2023-03-31 | 10.22 | −0.59 | −5.47% |
| Q4 2022 | 2022-12-31 | 15.37 | 4.86 | +46.17% |
| Q3 2022 | 2022-09-30 | 34.39 | −6.50 | −15.89% |
| Q2 2022 | 2022-06-30 | 26.80 | — | — |
| Q1 2022 | 2022-03-31 | 10.81 | — | — |
| Q4 2021 | 2021-12-31 | 10.52 | — | — |
| Q3 2021 | 2021-09-30 | 40.89 | — | — |
| Q2 2020 | 2020-06-30 | 18.35 | 16.47 | +872.21% |
| Q1 2020 | 2020-03-31 | 3.97 | 0.85 | +27.32% |
| Q4 2019 | 2019-12-31 | 2.39 | −1.16 | −32.65% |
| Q3 2019 | 2019-09-30 | 1.69 | −0.26 | −13.27% |
| Q2 2019 | 2019-06-30 | 1.89 | 0.62 | +49.28% |
| Q1 2019 | 2019-03-31 | 3.12 | 2.47 | +382.75% |
| Q4 2018 | 2018-12-31 | 3.55 | 2.69 | +311.16% |
| Q3 2018 | 2018-09-30 | 1.95 | 1.25 | +179.54% |
| Q2 2018 | 2018-06-30 | 1.26 | 0.55 | +76.95% |
| Q1 2018 | 2018-03-31 | 0.65 | −0.14 | −17.30% |
| Q4 2017 | 2017-12-31 | 0.86 | 0.02 | +2.38% |
| Q3 2017 | 2017-09-30 | 0.70 | −0.03 | −3.63% |
| Q2 2017 | 2017-06-30 | 0.71 | −0.05 | −6.16% |
| Q1 2017 | 2017-03-31 | 0.78 | −0.02 | −2.63% |
| Q4 2016 | 2016-12-31 | 0.84 | −0.34 | −28.52% |
| Q3 2016 | 2016-09-30 | 0.72 | −0.53 | −42.22% |
| Q2 2016 | 2016-06-30 | 0.76 | −0.74 | −49.27% |
| Q1 2016 | 2016-03-31 | 0.80 | −1.01 | −55.83% |
| Q4 2015 | 2015-12-31 | 1.18 | −1.49 | −55.85% |
| Q3 2015 | 2015-09-30 | 1.25 | −1.45 | −53.65% |
| Q2 2015 | 2015-06-30 | 1.50 | −1.29 | −46.23% |
| Q1 2015 | 2015-03-31 | 1.82 | −1.47 | −44.73% |
| Q4 2014 | 2014-12-31 | 2.67 | −0.93 | −25.72% |
| Q3 2014 | 2014-09-30 | 2.70 | −0.76 | −22.00% |
| Q2 2014 | 2014-06-30 | 2.79 | −0.88 | −24.06% |
| Q1 2014 | 2014-03-31 | 3.28 | −0.40 | −10.85% |
| Q4 2013 | 2013-12-31 | 3.60 | −0.90 | −19.94% |
| Q3 2013 | 2013-09-30 | 3.46 | −0.52 | −13.00% |
| Q2 2013 | 2013-06-30 | 3.68 | −0.35 | −8.64% |
| Q1 2013 | 2013-03-31 | 3.68 | −0.95 | −20.47% |
| Q4 2012 | 2012-12-31 | 4.50 | −1.00 | −18.12% |
| Q3 2012 | 2012-09-30 | 3.98 | −1.53 | −27.73% |
| Q2 2012 | 2012-06-30 | 4.02 | −1.25 | −23.63% |
| Q1 2012 | 2012-03-31 | 4.63 | −0.58 | −11.20% |
| Q4 2011 | 2011-12-31 | 5.49 | 0.01 | +0.13% |
| Q3 2011 | 2011-09-30 | 5.51 | — | — |
| Q2 2011 | 2011-06-30 | 5.27 | — | — |
| Q1 2011 | 2011-03-31 | 5.22 | — | — |
| Q4 2010 | 2010-12-31 | 5.48 | — | — |
Jetblue Airways debt-to-ebitda ratio trends
Between the periods ended 2009-12-31 and 2025-12-31, Jetblue Airways's debt-to-ebitda ratio increased from 5.69 to 29.62, a change of 23.93. The latest reported quarter, Q2 2026, shows 64.69.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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