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American Airlines vs Jetblue Airways: revenue, profit, margins and growth compared

American Airlines brought in $54.6B of revenue in fiscal 2025, Jetblue Airways $9.1B in fiscal 2025. Revenue changed by +0.8% at American Airlines and -2.3% at Jetblue Airways on the year before, so American Airlines grew faster. American Airlines kept 0.2% of its revenue as net profit, Jetblue Airways -6.6%. Free cash flow was -$680M at American Airlines and -$1.2B at Jetblue Airways.

Side by side, latest fiscal year

AALJBLU
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$54.6B$9.1B
Revenue growth+0.8%-2.3%
Net income$111M-$602M
Net margin0.2%-6.6%
Free cash flow-$680M-$1.2B
Free cash flow margin-1.2%-12.9%
Earnings per share (diluted)$0.17-$1.66
Cash$1.1B$1.9B
Debt$24.6B$8.5B
Price to earnings81.6n/a
Market value$9.2B$1.7B
Dividend yieldn/an/a
Rank by revenue in sector#17 of 778 · Consumer discretionary#124 of 778 · Consumer discretionary

Over the years

Revenue
AAL FY2018: $44.5BAAL FY2019: $45.8BAAL FY2020: $17.3BAAL FY2021: $29.9BAAL FY2022: $49BAAL FY2023: $52.8BAAL FY2024: $54.2BAAL FY2025: $54.6BJBLU FY2018: $7.7BJBLU FY2019: $8.1BJBLU FY2020: $3BJBLU FY2021: $6BJBLU FY2022: $9.2BJBLU FY2023: $9.6BJBLU FY2024: $9.3BJBLU FY2025: $9.1BFY18FY19FY20FY21FY22FY23FY24FY25
AAL $54.6BJBLU $9.1B
Net income
AAL FY2018: $1.4BAAL FY2019: $1.7BAAL FY2020: -$8.9BAAL FY2021: -$2BAAL FY2022: $127MAAL FY2023: $822MAAL FY2024: $846MAAL FY2025: $111MJBLU FY2018: $189MJBLU FY2019: $569MJBLU FY2020: -$1.4BJBLU FY2021: -$182MJBLU FY2022: -$362MJBLU FY2023: -$310MJBLU FY2024: -$795MJBLU FY2025: -$602MFY18FY19FY20FY21FY22FY23FY24FY25
AAL $111MJBLU -$602M
Net margin
AAL FY2018: 3.2%AAL FY2019: 3.7%AAL FY2020: -51.2%AAL FY2021: -6.7%AAL FY2022: 0.3%AAL FY2023: 1.6%AAL FY2024: 1.6%AAL FY2025: 0.2%JBLU FY2018: 2.5%JBLU FY2019: 7.0%JBLU FY2020: -45.8%JBLU FY2021: -3.0%JBLU FY2022: -4.0%JBLU FY2023: -3.2%JBLU FY2024: -8.6%JBLU FY2025: -6.6%FY18FY19FY20FY21FY22FY23FY24FY25
AAL 0.2%JBLU -6.6%
Revenue growth
AAL FY2019: +2.8%AAL FY2020: -62.1%AAL FY2021: +72.4%AAL FY2022: +63.9%AAL FY2023: +7.8%AAL FY2024: +2.7%AAL FY2025: +0.8%JBLU FY2019: +5.7%JBLU FY2020: -63.5%JBLU FY2021: +104.2%JBLU FY2022: +51.7%JBLU FY2023: +5.0%JBLU FY2024: -3.5%JBLU FY2025: -2.3%FY19FY20FY21FY22FY23FY24FY25
AAL +0.8%JBLU -2.3%
Free cash flow
AAL FY2018: -$212MAAL FY2019: -$453MAAL FY2020: -$8.5BAAL FY2021: $496MAAL FY2022: -$373MAAL FY2023: $1.2BAAL FY2024: $1.3BAAL FY2025: -$680MJBLU FY2018: $292MJBLU FY2019: $517MJBLU FY2020: -$1.4BJBLU FY2021: $735MJBLU FY2022: -$388MJBLU FY2023: -$728MJBLU FY2024: -$1.3BJBLU FY2025: -$1.2BFY18FY19FY20FY21FY22FY23FY24FY25
AAL -$680MJBLU -$1.2B

Fiscal years as each company reports them; the two may end in different months.

Questions about American Airlines and Jetblue Airways

Which is bigger by revenue, American Airlines or Jetblue Airways?

American Airlines is bigger by revenue: $54.6B in fiscal 2025, against $9.1B for Jetblue Airways in fiscal 2025.

Which keeps more of its revenue as profit, American Airlines or Jetblue Airways?

American Airlines had a net margin of 0.2% in fiscal 2025; Jetblue Airways had -6.6% in fiscal 2025.

Which grew revenue faster, American Airlines or Jetblue Airways?

In their latest fiscal years revenue changed by +0.8% at American Airlines and -2.3% at Jetblue Airways.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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