JBLUJetBlue Airways Corporation
Is it safe?
Elevated bankruptcy risk: a balance sheet under strain, heavy debt (CCC), and big price swings. Everything else is secondary until this clears.
Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Insiders were net sellers (-$474K, 90 days to Oct 8, 2026), selling is often routine.
Highly leveraged, watch solvency. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -86% · now 40% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can JBLU take a bad year?
JetBlue Airways Corporation carries $6.46B of net debt at 44.2× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 44.2×
Net debt / EBITDA · 11.2× a year ago · the load is going up
- Altman Z-score
- 0.54
Altman Z-score · distress zone, below 1.8
- Cash runway
- 1.9 years
Cash runway · burning $270M a quarter at the current rate
Details›
- Total debtQ2 2026
- $8.48B
- Cash and short-term investments
- $2.02B
- Net debt
- $6.46B
- EBITDA, trailing twelve months
- $146M
- Operating profit, trailing twelve months
- −$565M
- Debt / equity
- 5.34×
- Total debt / EBITDA
- 58.1×
- Annualised volatilitytwo years of daily moves
- 68%
- Worst drawdown on file
- −86%
- Below its 52-week high
- 40%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.