Jetblue Airways Corp
$8.15B- Market cap
- $1.75B
- Debt
- +$8.56B
- Cash
- −$2.16B
Capital structure 17% equity / 83% debt · EV / Revenue 0.90x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: JBLU stock price at discount vs BKH $4.63 current versus $58.87 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at BKH's multiple
Implied fair value · at JBLU's multiple
Snapshot Sep 8, 2026, 1:45 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: JBLU FY 2025 (ended Dec 31, 2025) · BKH FY 2025 (ended Dec 31, 2025).
Trendline
Nine fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 17% equity / 83% debt · EV / Revenue 0.90x
Capital structure 55% equity / 45% debt · EV / Revenue 4.40x · EV / EBITDA 13.88x
BKH carries the larger enterprise value at $10.18B against $8.15B; JBLU trades on the lower EV / Revenue multiple (0.90x vs 4.40x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
JETBLUE AIRWAYS CORP · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Black Hills Corporation · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
4.04x
1.23x
Net debt / EBITDA
Leverage against operating earnings
-18.45x
6.16x
Cash and equivalents
Liquid reserves on the balance sheet
$2.16B
$182.80M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
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