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UAL vs. JBLU
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between UAL and JBLU is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

UAL vs. JBLU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United Airlines Holdings, Inc. (UAL) and JetBlue Airways Corporation (JBLU). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

UAL:

0.96

JBLU:

-0.07

Sortino Ratio

UAL:

1.74

JBLU:

0.57

Omega Ratio

UAL:

1.22

JBLU:

1.08

Calmar Ratio

UAL:

0.93

JBLU:

0.02

Martin Ratio

UAL:

2.94

JBLU:

0.08

Ulcer Index

UAL:

19.27%

JBLU:

24.70%

Daily Std Dev

UAL:

56.33%

JBLU:

77.67%

Max Drawdown

UAL:

-93.50%

JBLU:

-90.91%

Current Drawdown

UAL:

-26.50%

JBLU:

-83.09%

Fundamentals

Market Cap

UAL:

$26.53B

JBLU:

$1.87B

EPS

UAL:

$10.99

JBLU:

-$0.78

PEG Ratio

UAL:

5.37

JBLU:

6.80

PS Ratio

UAL:

0.46

JBLU:

0.20

PB Ratio

UAL:

2.10

JBLU:

0.77

Total Revenue (TTM)

UAL:

$57.74B

JBLU:

$9.21B

Gross Profit (TTM)

UAL:

$22.03B

JBLU:

$1.72B

EBITDA (TTM)

UAL:

$7.65B

JBLU:

$711.00M

Returns By Period

In the year-to-date period, UAL achieves a -16.34% return, which is significantly higher than JBLU's -32.82% return. Over the past 10 years, UAL has outperformed JBLU with an annualized return of 4.15%, while JBLU has yielded a comparatively lower -12.68% annualized return.


UAL

YTD

-16.34%

1M

9.67%

6M

-16.64%

1Y

53.29%

3Y*

22.28%

5Y*

19.27%

10Y*

4.15%

JBLU

YTD

-32.82%

1M

10.92%

6M

-14.70%

1Y

-5.55%

3Y*

-20.40%

5Y*

-14.07%

10Y*

-12.68%

*Annualized

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United Airlines Holdings, Inc.

JetBlue Airways Corporation

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

UAL vs. JBLU — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UAL
The Risk-Adjusted Performance Rank of UAL is 8080
Overall Rank
The Sharpe Ratio Rank of UAL is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of UAL is 8181
Sortino Ratio Rank
The Omega Ratio Rank of UAL is 7979
Omega Ratio Rank
The Calmar Ratio Rank of UAL is 8282
Calmar Ratio Rank
The Martin Ratio Rank of UAL is 7878
Martin Ratio Rank

JBLU
The Risk-Adjusted Performance Rank of JBLU is 5151
Overall Rank
The Sharpe Ratio Rank of JBLU is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of JBLU is 5353
Sortino Ratio Rank
The Omega Ratio Rank of JBLU is 5454
Omega Ratio Rank
The Calmar Ratio Rank of JBLU is 5252
Calmar Ratio Rank
The Martin Ratio Rank of JBLU is 5151
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

UAL vs. JBLU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United Airlines Holdings, Inc. (UAL) and JetBlue Airways Corporation (JBLU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current UAL Sharpe Ratio is 0.96, which is higher than the JBLU Sharpe Ratio of -0.07. The chart below compares the historical Sharpe Ratios of UAL and JBLU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

UAL vs. JBLU - Dividend Comparison

Neither UAL nor JBLU has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

UAL vs. JBLU - Drawdown Comparison

The maximum UAL drawdown since its inception was -93.50%, roughly equal to the maximum JBLU drawdown of -90.91%. Use the drawdown chart below to compare losses from any high point for UAL and JBLU.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

UAL vs. JBLU - Volatility Comparison

The current volatility for United Airlines Holdings, Inc. (UAL) is 14.94%, while JetBlue Airways Corporation (JBLU) has a volatility of 19.31%. This indicates that UAL experiences smaller price fluctuations and is considered to be less risky than JBLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

UAL vs. JBLU - Financials Comparison

This section allows you to compare key financial metrics between United Airlines Holdings, Inc. and JetBlue Airways Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.005.00B10.00B15.00B20212022202320242025
13.21B
2.14B
(UAL) Total Revenue
(JBLU) Total Revenue
Values in USD except per share items

UAL vs. JBLU - Profitability Comparison

The chart below illustrates the profitability comparison between United Airlines Holdings, Inc. and JetBlue Airways Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-100.0%-50.0%0.0%50.0%20212022202320242025
62.6%
42.4%
(UAL) Gross Margin
(JBLU) Gross Margin
UAL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, United Airlines Holdings, Inc. reported a gross profit of 8.28B and revenue of 13.21B. Therefore, the gross margin over that period was 62.6%.

JBLU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, JetBlue Airways Corporation reported a gross profit of 908.00M and revenue of 2.14B. Therefore, the gross margin over that period was 42.4%.

UAL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, United Airlines Holdings, Inc. reported an operating income of 607.00M and revenue of 13.21B, resulting in an operating margin of 4.6%.

JBLU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, JetBlue Airways Corporation reported an operating income of -174.00M and revenue of 2.14B, resulting in an operating margin of -8.1%.

UAL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, United Airlines Holdings, Inc. reported a net income of 387.00M and revenue of 13.21B, resulting in a net margin of 2.9%.

JBLU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, JetBlue Airways Corporation reported a net income of -208.00M and revenue of 2.14B, resulting in a net margin of -9.7%.