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EasyJet (EZJ) vs. S&P 500 (SPY)
EasyJet Business Overview & Revenue Model
EasyJet Financial Statement Overview
| Breakdown | |||||
| TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 8.75B | 9.31B | 8.17B | 5.77B | 1.46B | 3.01B | Gross Profit |
| 2.08B | 1.56B | 1.38B | 801.00M | -663.00M | -267.00M | EBIT |
| 512.00M | 589.00M | 453.00M | 3.00M | -1.01B | -778.00M | EBITDA |
| 1.08B | 1.50B | 1.28B | 499.00M | -439.00M | -700.00M | Net Income Common Stockholders |
| 374.00M | 452.00M | 324.00M | -169.00M | -858.00M | -1.08B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 1.28B | 3.46B | 2.92B | 3.64B | 3.55B | 2.33B | Total Assets |
| 7.42B | 11.04B | 9.84B | 10.45B | 9.77B | 8.47B | Total Debt |
| 1.48B | 3.28B | 2.88B | 4.31B | 4.45B | 3.44B | Net Debt |
| 610.00M | 1.94B | -41.00M | 792.00M | 897.00M | 1.14B | Total Liabilities |
| 4.91B | 8.06B | 7.05B | 7.92B | 7.13B | 6.57B | Stockholders Equity |
| 2.52B | 2.97B | 2.79B | 2.53B | 2.64B | 1.90B |
| Cash Flow | Free Cash Flow | ||||
| 562.00M | 536.00M | 797.00M | 246.00M | -1.18B | -1.28B | Operating Cash Flow |
| 1.26B | 1.47B | 1.55B | 776.00M | -1.03B | -588.00M | Investing Cash Flow |
| -1.60B | -2.95B | -552.00M | -569.00M | 719.00M | 266.00M | Financing Cash Flow |
| -739.00M | 35.00M | -1.42B | -532.00M | 1.64B | 1.38B |
EasyJet Technical Analysis
EasyJet Peers Comparison
EasyJet Corporate Events
EasyJet plc has announced the publication of a new prospectus approved by the Financial Conduct Authority. This prospectus is related to the update of their Euro Medium Term Note Programme, which includes guarantees from easyJet Airline Company Limited. This strategic move is likely to enhance easyJet’s financial operations and flexibility, potentially strengthening its market position and offering more stability for its stakeholders.
EasyJet plc announced the successful passage of all resolutions during its Annual General Meeting, with both ordinary and special resolutions receiving the requisite majority votes. Significant board and committee changes were confirmed, including Moni Mannings OBE’s departure and the reshuffling of committee memberships, which may influence the company’s strategic direction and governance.
EasyJet plc announced that David Robbie, currently a Non-Executive Director at the airline, has been appointed to the Board of Directors of International Paper Company as a Non-Executive Director, effective February 11, 2025. This move reflects a strategic alignment in board expertise and indicates potential networking opportunities that could benefit EasyJet’s governance and operational strategies.
EasyJet has announced a recent transaction involving the purchase of ordinary shares by its management under the company’s Share Incentive Plan. Executives including the Chief Executive, Chief Customer and Marketing Officer, Chief Operating Officer, and CEO of EasyJet holidays participated in this plan, purchasing shares at a price of GBP £5.262 each. This move, facilitated by Equiniti Share Plan Trustees Limited, reflects EasyJet’s commitment to aligning management incentives with shareholder interests, potentially boosting confidence among stakeholders regarding the company’s future performance.
EasyJet plc announced that Julie Chakraverty, a Non-Executive Director, acquired 20,083 ordinary shares at a price of £4.9792 per share. This transaction highlights continued confidence in the company’s performance and strategic direction, potentially affecting stakeholder perspectives on EasyJet’s market positioning.
EasyJet has disclosed a significant change in its shareholder structure, with the Bank of America Corporation adjusting its financial instruments and voting rights in the company. This adjustment reflects a decrease in the total voting rights held by the Bank of America from 8.27% to 2.53%, potentially impacting EasyJet’s shareholder dynamics and market perception.
EasyJet plc has reported a change in major shareholdings as Bank of America Corporation adjusts its financial instruments and voting rights in the company. This notification reflects a slight decrease in the total percentage of voting rights held, which could affect the airline’s strategic decision-making and shareholder dynamics.
Bank of America Corporation has adjusted its holdings in EasyJet plc, reducing its voting rights from 9.654568% to 9.422062%. This change reflects a decrease in both direct and indirect voting rights, potentially impacting EasyJet’s shareholder composition and influencing future corporate decisions.
EasyJet has announced the granting of awards under its Restricted Share Plan to key executives, including CEO Kenton Jarvis and CFO Jan De Raeymaeker, which highlights the company’s ongoing commitment to aligning executive incentives with performance goals. These awards are structured as nil-cost options, emphasizing EasyJet’s strategic approach to retain top talent and drive long-term growth, which is relevant to stakeholders monitoring the company’s financial health and leadership stability.
EasyJet reported a significant improvement in its financial performance for the first quarter of the fiscal year 2025, with a 52% reduction in headline loss before tax. This improvement is attributed to increased passenger numbers, capacity growth, and cost control measures, including reduced fuel costs. The company anticipates continued positive trends, with expectations for substantial growth in EasyJet Holidays and increased forward bookings for the coming quarters. EasyJet’s strategic investments in capacity and sustainability initiatives, including agreements for sustainable aviation fuel, position it well for future growth and profitability, aiming for over £1 billion in profit before tax in the medium term.
EasyJet has disclosed a notification regarding a major holdings change by Bank of America Corporation, which now holds 9.881397% of voting rights in the company. This increase from 9.703073% indicates a significant shift in the financial instruments and voting rights structure, potentially impacting EasyJet’s shareholder dynamics and strategic decisions.
EasyJet has announced that its Share Incentive Plan, approved by HM Revenue and Customs, allows employees in the UK to purchase ordinary shares using salary deductions. The recent notification detailed that managerial staff, including the Chief Customer and Marketing Officer, Chief Executive, Chief Operating Officer, and CEO of EasyJet holidays, have acquired shares at a price of £5.08 each, indicating continued investment in the company’s growth and stability.
EasyJet has announced the details of its upcoming Annual General Meeting (AGM) scheduled for February 13, 2025, which will be held both in person and electronically. Shareholders are encouraged to vote in advance due to potential disenfranchisement related to European ownership regulations. The company is also undergoing significant board changes, with new appointments and committee reorganizations set to enhance its governance structure.
EasyJet announced a board restructuring with Moni Mannings stepping down from her role as Non-Executive Director and Chair of the Remuneration Committee, to be succeeded by Sue Clark post the upcoming AGM. Additionally, Julie Chakraverty will join the board, bringing extensive experience in financial services and technology, which is expected to enhance EasyJet’s strategic focus on long-term shareholder value.
EasyJet has announced a change in major shareholding, as Bank of America Corporation has adjusted its voting rights in the company. This adjustment reflects a slight decrease in the overall voting rights held, which could influence the company’s decision-making process and potentially impact its market strategy.
EasyJet has announced a change in the major holdings of the company, with Bank of America Corporation crossing a significant threshold in its voting rights. This adjustment in shareholding could impact EasyJet’s strategic decisions and influence its market positioning, reflecting a notable shift in stakeholder influence.
EasyJet has announced a change in major holdings, with Bank of America Corporation increasing its voting rights in the company to over 10%. This adjustment in holdings, notified on December 18, 2024, signals a shift in shareholder influence and may impact strategic decisions at EasyJet, reflecting evolving investor confidence and interest in the airline’s performance and market position.
EasyJet announced a major shareholding notification involving Bank of America Corporation, which has crossed a threshold in their shareholding. The notification details the percentage of voting rights held and indicates a slight increase from previous holdings, highlighting Bank of America’s influence in EasyJet’s corporate governance. This development could impact EasyJet’s market dynamics and stakeholder relations, as changes in major shareholdings often signal shifts in strategic direction or investor confidence.
EasyJet announced a change in major shareholding with Bank of America Corporation crossing a legal threshold in their holdings. The notification reveals a slight increase in Bank of America’s total voting rights in EasyJet, highlighting a shift in shareholder dynamics that could influence the company’s governance and future strategic decisions.
EasyJet plc has announced the grant of Deferred Share Bonus Plan (DSBP) and Restricted Share Plan (RSP) awards to several key executives as part of its annual bonus structure. These awards, which will vest on the third anniversary of the grant date, aim to align management incentives with company performance and retain top talent, reflecting a strategic move to strengthen its leadership team and enhance operational stability.
The recent notification from EasyJet reveals that the Bank of America Corporation has altered its holdings in the company. The change in voting rights percentages suggests a decrease in influence, with a new total of 9.75% compared to the previous 10%. This adjustment could impact EasyJet’s shareholder dynamics and indicate shifting investor sentiments.
On December 11, 2024, easyJet announced that its Share Incentive Plan, approved by HM Revenue and Customs, facilitated the purchase of ordinary shares for several key managerial personnel. This plan allows UK employees to acquire company shares through salary deductions, reflecting a commitment to employee investment and stakeholder alignment. This initiative may enhance employee engagement and align interests with company performance, potentially impacting easyJet’s market positioning.
EasyJet’s stock experienced a notable shift as Bank of America Corporation significantly increased its voting rights in the company, now holding nearly 10% of total voting rights. This move, marked by a combination of direct shares and financial instruments, indicates a strategic interest in the airline’s future performance.
Bank of America Corporation has adjusted its holdings in EasyJet, with its voting rights now accounting for 8.81% of the company, following recent transactions involving financial instruments. This shift underscores the dynamic nature of institutional investments in the airline sector, as major financial players recalibrate their positions in response to market conditions.