Cash flow Jet2 plc

Equities

DTG

GB00B1722W11

Airlines

Market Closed - London S.E. Other stock markets 16:35:20 06/03/2026 GMT			5-day change	1st Jan Change
1,166.00 ^GBX	-0.93%		-7.17%	-16.95%

03-03	Loveholidays to postpone $1.3 billion London IPO due to Gulf travel chaos, source says	RE
03-02	Travel stocks hit; Iran war disrupts oil shipping	AN

32b8375250dd202a82b63188.19fyyYaPw6s1JIm26dmEr4BEHFsUUynOJepaWi6z1xQ.rqCk-ezQqPRUYe3mnarU1_p3fhJWF1CdEL8KDVvar32D4rO5s9mkhmVFuQ

Published financial data: JET2 PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	395M	1.23B	5.03B	6.26B	7.17B
Total Revenues	395M	1.23B	5.03B	6.26B	7.17B
Cost of Goods Sold, Total	497M	1.22B	4.14B	5.17B	5.99B
Gross Profit	-101M	10.4M	893M	1.09B	1.18B
Selling General & Admin Expenses, Total	-	-	-	264M	286M
Depreciation & Amortization - (IS)	164M	158M	185M	249M	282M
Other Operating Expenses	71.2M	176M	314M	149M	166M
Other Operating Expenses, Total	235M	334M	499M	662M	734M
Operating Income	-336M	-324M	394M	428M	446M
Interest Expense, Total	-40.5M	-58.5M	-64.5M	-70.9M	-58M
Interest And Investment Income	2M	5.1M	58.7M	160M	179M
Net Interest Expenses	-38.5M	-53.4M	-5.8M	88.6M	121M
Currency Exchange Gains (Loss)	3.9M	-12.6M	-19.8M	9.4M	15.5M
EBT, Excl. Unusual Items	-371M	-390M	368M	526M	583M
Gain (Loss) On Sale Of Assets	800K	1.1M	2.6M	3.3M	10.3M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-370M	-389M	371M	530M	593M
Income Tax Expense	-70.4M	-73.4M	80.2M	130M	146M
Earnings From Continuing Operations	-300M	-315M	291M	399M	447M
Earnings Of Discontinued Operations	28.3M	-	-	-	-
Net Income to Company	-271M	-315M	291M	399M	447M
Net Income - (IS)	-271M	-315M	291M	399M	447M
Net Income to Common Incl Extra Items	-271M	-315M	291M	399M	447M
Net Income to Common Excl. Extra Items	-300M	-315M	291M	399M	447M
Per Share Items
Net EPS - Basic	-1.51	-1.47	1.35	1.86	2.13
Basic EPS - Continuing Operations	-1.67	-1.47	1.35	1.86	2.13
Basic Weighted Average Shares Outstanding	179M	215M	215M	215M	210M
Net EPS - Diluted	-1.51	-1.47	1.27	1.7	2.07
Diluted EPS - Continuing Operations	-1.67	-1.47	1.27	1.7	2.07
Diluted Weighted Average Shares Outstanding	179M	215M	241M	242M	216M
Normalized Basic EPS	-1.29	-1.14	1.07	1.53	1.74
Normalized Diluted EPS	-1.29	-1.14	0.96	1.36	1.69
Dividend Per Share	-	-	0.11	0.15	0.16
Payout Ratio	-	-	2.2	6.46	7.07
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	-221M	-219M	513M	564M	603M
EBITA	-336M	-324M	394M	428M	446M
EBIT	-336M	-324M	394M	428M	446M
EBITDAR	-220M	-213M	588M	634M	670M
Effective Tax Rate - (Ratio)	19.03	18.88	21.62	24.61	24.68
Current Domestic Taxes	-26.7M	-800K	11.6M	51.5M	38.8M
Total Current Taxes	-26.7M	-800K	11.6M	51.5M	38.8M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-43.7M	-72.6M	68.6M	78.8M	108M
Normalized Net Income	-232M	-244M	230M	329M	364M
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	22.7M	34.8M	41M	46.2M	43.7M
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	264M	286M
Selling and Marketing Expenses	-	-	-	264M	286M
Net Rental Expense, Total	1.4M	6.1M	75.1M	70.5M	67.2M
Imputed Operating Lease Interest Expense	366K	1.98M	26.32M	28.26M	24.05M
Imputed Operating Lease Depreciation	1.03M	4.12M	48.78M	42.24M	43.15M
Maintenance & Repair Expenses, Total	36.4M	57M	135M	184M	222M
Stock-Based Comp., COGS (Total)	400K	3.3M	10.4M	14.7M	13.2M
Total Stock-Based Compensation	400K	3.3M	10.4M	14.7M	13.2M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.38B	1.05B	955M	1.44B	1.19B
Short Term Investments	-	1.18B	1.67B	1.75B	1.97B
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	1.38B	2.23B	2.62B	3.18B	3.16B
Accounts Receivable, Total	9.3M	50.6M	82.3M	333M	393M
Other Receivables	10.3M	40.5M	41.8M	-	-
Total Receivables	19.6M	91.1M	124M	333M	393M
Inventory	1M	8.5M	40.2M	125M	145M
Prepaid Expenses	28.8M	45.7M	92.9M	-	-
Other Current Assets, Total	109M	235M	110M	30.8M	13M
Total Current Assets	1.54B	2.61B	2.99B	3.67B	3.71B
Gross Property Plant And Equipment	2.13B	2.3B	2.59B	3.06B	3.34B
Accumulated Depreciation	-830M	-959M	-1.1B	-1.23B	-1.2B
Net Property Plant And Equipment	1.3B	1.34B	1.49B	1.83B	2.13B
Long-term Investments	-	-	-	2M	-
Goodwill	-	-	-	-	-
Other Intangibles, Total	26.8M	26.8M	26.8M	26.8M	26.8M
Accounts Receivable Long-Term	-	-	-	21.2M	35.4M
Other Long-Term Assets, Total	9.4M	20.5M	14.3M	17.3M	8M
Total Assets	2.87B	3.99B	4.53B	5.57B	5.91B
Liabilities
Accounts Payable, Total	17.1M	74.8M	96.6M	116M	175M
Accrued Expenses, Total	49.4M	28.3M	45.8M	61.9M	59.3M
Short-term Borrowings	264M	-	-	-	-
Current Portion of Long-Term Debt	58.8M	134M	126M	44.6M	80M
Current Portion of Leases	67.1M	74.8M	102M	131M	157M
Current Income Taxes Payable	-	15.3M	200K	1.6M	-
Unearned Revenue Current, Total	278M	1.17B	1.55B	1.9B	2.1B
Other Current Liabilities	124M	181M	339M	444M	515M
Total Current Liabilities	858M	1.68B	2.26B	2.7B	3.08B
Long-Term Debt	434M	857M	603M	711M	344M
Long-Term Leases	495M	504M	544M	569M	557M
Unearned Revenue Non Current	44.4M	15.7M	16.4M	22.7M	24.1M
Deferred Tax Liability Non Current	36.7M	12.6M	36.7M	110M	211M
Other Non Current Liabilities	40.8M	25.8M	56.8M	45.4M	78.3M
Total Liabilities	1.91B	3.1B	3.51B	4.16B	4.3B
Common Stock, Total	2.7M	2.7M	2.7M	2.7M	2.7M
Additional Paid In Capital	19.8M	19.8M	19.8M	19.8M	19.8M
Retained Earnings	985M	673M	968M	1.36B	1.79B
Treasury Stock	-	-	-	-	-144M
Comprehensive Income and Other	-43.5M	201M	22M	24.7M	-53.7M
Total Common Equity	964M	897M	1.01B	1.41B	1.61B
Total Equity	964M	897M	1.01B	1.41B	1.61B
Total Liabilities And Equity	2.87B	3.99B	4.53B	5.57B	5.91B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	215M	215M	215M	215M	215M
ECS Total Common Shares Outstanding	215M	215M	215M	215M	215M
Book Value / Share	4.49	4.18	4.72	6.56	7.51
Tangible Book Value	937M	870M	986M	1.38B	1.58B
Tangible Book Value Per Share	4.37	4.05	4.59	6.44	7.38
Total Debt	1.32B	1.57B	1.38B	1.46B	1.14B
Net Debt	-60.7M	-658M	-1.25B	-1.73B	-2.02B
Debt Equivalent Oper. Leases	11.2M	48.8M	601M	564M	538M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	1M	1.2M	1.6M	8.8M	9.7M
Inventories - Others	-	7.3M	38.6M	116M	136M
Land - (BS)	29.1M	29.5M	36.8M	55.3M	64M
Machinery, Total	1.41B	1.5B	1.65B	1.96B	2.14B
Full Time Employees	9.05K	8.27K	11.72K	14.05K	15.2K
Accumulated Allowance for Doubtful Accounts (Supple)	200K	100K	400K	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-271M	-315M	291M	399M	447M
Depreciation & Amortization - CF	164M	158M	185M	249M	282M
Depreciation & Amortization, Total	164M	158M	185M	249M	282M
(Gain) Loss From Sale Of Asset	-800K	-1.1M	-2.6M	-3.3M	-10.3M
Stock-Based Compensation (CF)	400K	3.3M	10.4M	14.7M	13.2M
Net Cash From Discontinued Operations	4.5M	-	-	-	-
Other Operating Activities, Total	-73.1M	-44.6M	106M	71.3M	90.5M
Change In Accounts Receivable	160M	-35.5M	-118M	-55.7M	-69M
Change In Inventories	300K	-7.5M	-31.7M	-84.6M	-20.5M
Change In Accounts Payable	-296M	152M	119M	134M	106M
Change in Unearned Revenues	-423M	867M	374M	363M	195M
Change in Other Net Operating Assets	-99.7M	-25M	18.6M	5.6M	23.1M
Cash from Operations	-835M	751M	952M	1.09B	1.06B
Capital Expenditure	-36.2M	-108M	-194M	-404M	-391M
Sale of Property, Plant, and Equipment	2.5M	1.1M	2.7M	3.3M	10.3M
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-1.18B	-482M	-77.6M	-226M
Other Investing Activities, Total	74.8M	-500K	-2.7M	-4.1M	-7.2M
Cash from Investing	41.1M	-1.29B	-676M	-482M	-614M
Long-Term Debt Issued, Total	301M	528M	-	191M	146M
Total Debt Issued	301M	528M	-	191M	146M
Long-Term Debt Repaid, Total	-84.1M	-327M	-364M	-290M	-653M
Total Debt Repaid	-84.1M	-327M	-364M	-290M	-653M
Issuance of Common Stock	580M	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-158M
Common Dividends Paid	-	-	-6.4M	-25.8M	-31.6M
Common & Preferred Stock Dividends Paid	-	-	-6.4M	-25.8M	-31.6M
Cash from Financing	797M	201M	-370M	-125M	-697M
Foreign Exchange Rate Adjustments	-24.9M	4.8M	1.7M	-2.2M	-
Net Change in Cash	-21.2M	-332M	-92.3M	484M	-253M
Supplemental Items
Cash Interest Paid	36.7M	43.5M	43.6M	55.5M	48M
Cash Income Tax Paid (Refund)	-27.2M	-400K	15.2M	45.2M	43.6M
Levered Free Cash Flow	-768M	611M	777M	461M	403M
Unlevered Free Cash Flow	-743M	647M	817M	505M	439M
Change In Net Working Capital	661M	-796M	-570M	-378M	-256M
Net Debt Issued / Repaid	217M	201M	-364M	-98.8M	-506M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-6.72	-5.9	5.78	5.3	4.86
Return on Total Capital	-10.31	-8.52	10.15	10.19	9.94
Return On Equity %	-37.48	-33.9	30.47	32.97	29.58
Return on Common Equity	-37.48	-33.9	30.47	32.97	29.58
Margin Analysis
Gross Profit Margin %	-25.59	0.84	17.74	17.43	16.46
SG&A Margin	-	-	-	4.22	3.99
EBITDA Margin %	-55.87	-17.76	10.19	9.02	8.41
EBITA Margin %	-85	-26.3	7.83	6.85	6.22
EBIT Margin %	-85	-26.3	7.83	6.85	6.22
Income From Continuing Operations Margin %	-75.75	-25.61	5.78	6.38	6.23
Net Income Margin %	-68.59	-25.61	5.78	6.38	6.23
Net Avail. For Common Margin %	-75.75	-25.61	5.78	6.38	6.23
Normalized Net Income Margin	-58.6	-19.78	4.57	5.26	5.08
Levered Free Cash Flow Margin	-194.25	49.58	15.44	7.36	5.62
Unlevered Free Cash Flow Margin	-187.85	52.55	16.24	8.07	6.12
Asset Turnover
Asset Turnover	0.13	0.36	1.18	1.24	1.25
Fixed Assets Turnover	0.29	0.93	3.56	3.77	3.62
Receivables Turnover (Average Receivables)	15.66	41.13	75.75	30.14	19.78
Inventory Turnover (Average Inventory)	431.83	257.12	170.05	62.61	44.37
Short Term Liquidity
Current Ratio	1.79	1.55	1.33	1.36	1.2
Quick Ratio	1.63	1.38	1.22	1.3	1.15
Operating Cash Flow to Current Liabilities	-0.97	0.45	0.42	0.4	0.34
Days Sales Outstanding (Average Receivables)	23.31	8.87	4.82	12.14	18.46
Days Outstanding Inventory (Average Inventory)	0.84	1.42	2.15	5.85	8.23
Average Days Payable Outstanding	41.11	13.65	7.5	7.42	8.83
Cash Conversion Cycle (Average Days)	-16.96	-3.35	-0.53	10.57	17.85
Long Term Solvency
Total Debt/Equity	136.72	175.13	135.82	103.3	70.6
Total Debt / Total Capital	57.76	63.65	57.59	50.81	41.38
LT Debt/Equity	96.32	151.78	113.32	90.84	55.91
Long-Term Debt / Total Capital	40.69	55.17	48.06	44.68	32.77
Total Liabilities / Total Assets	66.44	77.55	77.63	74.71	72.73
EBIT / Interest Expense	-8.3	-5.54	6.11	6.04	7.7
EBITDA / Interest Expense	-4.26	-2.83	8.98	9.55	12.56
(EBITDA - Capex) / Interest Expense	-5.15	-4.68	5.97	3.85	5.81
Total Debt / EBITDA	-7.65	-9.48	2.37	2.15	1.56
Net Debt / EBITDA	0.35	3.98	-2.16	-2.55	-2.77
Total Debt / (EBITDA - Capex)	-6.32	-5.74	3.57	5.33	3.37
Net Debt / (EBITDA - Capex)	0.29	2.41	-3.24	-6.33	-5.98
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-88.97	211.51	308.66	24.27	14.68
Gross Profit, 1 Yr. Growth %	-114.3	-110.28	8.49K	22.07	8.33
EBITDA, 1 Yr. Growth %	-151.71	-1	-334.52	9.96	6.95
EBITA, 1 Yr. Growth %	-214.71	-3.63	-221.64	8.68	4.27
EBIT, 1 Yr. Growth %	-214.71	-3.63	-221.64	8.68	4.27
Earnings From Cont. Operations, 1 Yr. Growth %	-368.37	5.31	-192.2	37.28	11.92
Net Income, 1 Yr. Growth %	-333.79	16.3	-192.2	37.28	11.92
Normalized Net Income, 1 Yr. Growth %	-245.14	5.18	-194.49	42.83	10.78
Diluted EPS Before Extra, 1 Yr. Growth %	-323.19	-11.95	-186.11	34.64	21.58
Accounts Receivable, 1 Yr. Growth %	-77.43	444.09	62.65	304.37	18
Inventory, 1 Yr. Growth %	-23.08	750	372.94	210.45	16.43
Net Property, Plant and Equip., 1 Yr. Growth %	-11.35	2.89	11.66	22.55	16.57
Total Assets, 1 Yr. Growth %	-15.07	39	13.34	23.06	6.1
Tangible Book Value, 1 Yr. Growth %	54.36	-7.21	13.31	40.23	14.68
Common Equity, 1 Yr. Growth %	52.06	-7.01	12.92	39.16	14.4
Cash From Operations, 1 Yr. Growth %	-288.4	-189.96	26.78	14.85	-3.27
Capital Expenditures, 1 Yr. Growth %	-82.79	198.07	79.7	108.3	-3.09
Levered Free Cash Flow, 1 Yr. Growth %	-480	-178.06	27.25	-40.74	-12.46
Unlevered Free Cash Flow, 1 Yr. Growth %	-423.47	-185.5	26.29	-38.24	-12.97
Dividend Per Share, 1 Yr. Growth %	-	-	-	33.64	12.24
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-63.48	-41.38	256.79	125.36	19.38
Gross Profit, 2 Yr. CAGR %	-58.24	-87.88	197.04	923.76	15
EBITDA, 2 Yr. CAGR %	-16.55	-28.45	52.38	60.59	8.45
EBITA, 2 Yr. CAGR %	28.2	5.14	8.27	14.98	6.45
EBIT, 2 Yr. CAGR %	28.2	5.14	8.27	14.98	6.45
Earnings From Cont. Operations, 2 Yr. CAGR %	48.07	68.11	-1.46	12.5	23.95
Net Income, 2 Yr. CAGR %	39.23	64.89	3.55	12.5	23.95
Normalized Net Income, 2 Yr. CAGR %	50.25	23.56	-0.31	16.17	25.79
Diluted EPS Before Extra, 2 Yr. CAGR %	35.02	40.19	-12.93	7.67	27.94
Accounts Receivable, 2 Yr. CAGR %	-65.62	10.82	197.48	156.46	118.44
Inventory, 2 Yr. CAGR %	-20.94	155.7	534.03	283.18	90.12
Net Property, Plant and Equip., 2 Yr. CAGR %	-6.92	-4.49	7.19	16.98	19.52
Total Assets, 2 Yr. CAGR %	-4.6	8.65	25.51	18.1	14.27
Tangible Book Value, 2 Yr. CAGR %	28.12	19.68	2.54	26.05	26.81
Common Equity, 2 Yr. CAGR %	29.17	18.91	2.47	25.35	26.18
Cash From Operations, 2 Yr. CAGR %	31.47	30.19	6.79	20.67	5.4
Capital Expenditures, 2 Yr. CAGR %	-65.4	-28.37	131.44	93.48	42.08
Levered Free Cash Flow, 2 Yr. CAGR %	133.54	73.82	-0.34	-13.16	-27.98
Unlevered Free Cash Flow, 2 Yr. CAGR %	110.89	67.89	3.91	-11.69	-26.69
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	22.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-45.03	-25.38	11.98	151.04	79.92
Gross Profit, 3 Yr. CAGR %	-37.75	-73.83	8.05	120.84	384.23
EBITDA, 3 Yr. CAGR %	-2.43	-11.66	6.28	36.68	40.24
EBITA, 3 Yr. CAGR %	38.61	16.57	10.38	8.41	11.29
EBIT, 3 Yr. CAGR %	38.61	16.57	10.38	8.41	11.29
Earnings From Cont. Operations, 3 Yr. CAGR %	40.89	32.17	37.61	10.05	12.31
Net Income, 3 Yr. CAGR %	36.3	31.12	35.85	13.75	12.31
Normalized Net Income, 3 Yr. CAGR %	41.84	33.41	12.99	12.39	14.34
Diluted EPS Before Extra, 3 Yr. CAGR %	32.46	17.09	19.17	0.69	12.12
Accounts Receivable, 3 Yr. CAGR %	-49.43	-13.69	25.94	229.53	97.99
Inventory, 3 Yr. CAGR %	-17.79	74.49	213.88	399.73	157.6
Net Property, Plant and Equip., 3 Yr. CAGR %	7.81	-3.76	0.61	12.08	16.84
Total Assets, 3 Yr. CAGR %	5.5	8.16	10.19	24.69	13.96
Tangible Book Value, 3 Yr. CAGR %	22.74	15.05	17.52	13.82	22.14
Common Equity, 3 Yr. CAGR %	23.35	15.77	16.88	13.48	21.59
Cash From Operations, 3 Yr. CAGR %	26.24	15.85	29.04	9.42	12.09
Capital Expenditures, 3 Yr. CAGR %	-55.51	-29.06	-2.67	123.45	53.65
Levered Free Cash Flow, 3 Yr. CAGR %	379.03	63.07	56.66	-16.19	-12.93
Unlevered Free Cash Flow, 3 Yr. CAGR %	232.67	57.08	52.69	-12.64	-12.12
Dividend Per Share, 3 Yr. CAGR %	-	-	54.2	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-22.4	-6.56	16.16	16.11	14.88
Gross Profit, 5 Yr. CAGR %	-18.56	-50.02	16.31	13.44	10.78
EBITDA, 5 Yr. CAGR %	2.66	2.85	16.62	12.2	7.14
EBITA, 5 Yr. CAGR %	26.2	25.75	25.57	15.93	8.79
EBIT, 5 Yr. CAGR %	26.2	25.75	25.57	15.93	8.79
Earnings From Cont. Operations, 5 Yr. CAGR %	27.53	32.68	22.11	23.92	31.97
Net Income, 5 Yr. CAGR %	25.02	32.68	22.11	23.33	30.96
Normalized Net Income, 5 Yr. CAGR %	28.89	34.04	23.18	26.23	17.94
Diluted EPS Before Extra, 5 Yr. CAGR %	22.76	23.35	12	13.23	22.6
Accounts Receivable, 5 Yr. CAGR %	-53.22	-38.12	2.74	33.43	56.98
Inventory, 5 Yr. CAGR %	-1.89	47.93	86.12	139.01	156.84
Net Property, Plant and Equip., 5 Yr. CAGR %	32.14	13.85	7.56	4.05	7.79
Total Assets, 5 Yr. CAGR %	15.33	11.71	13.09	12.03	11.8
Tangible Book Value, 5 Yr. CAGR %	24.62	15.42	14.22	19.33	21.15
Common Equity, 5 Yr. CAGR %	24.78	15.76	14.53	19.51	20.51
Cash From Operations, 5 Yr. CAGR %	27.9	17.8	18.07	17.75	19.01
Capital Expenditures, 5 Yr. CAGR %	-29.88	-25.62	-13.95	5.97	13.23
Levered Free Cash Flow, 5 Yr. CAGR %	69.96	19.46	156.59	26.74	14.81
Unlevered Free Cash Flow, 5 Yr. CAGR %	69.57	21.17	109.67	24.76	13.86
Dividend Per Share, 5 Yr. CAGR %	-	-	7.96	7.58	40.63