JetBlue Airways Corp Operating Expense Ratio 1 year YoY Change (%) is 15.65% for the year ending December 31, 2023, a 215.82% change year over year. The operating expense ratio represents the proportion of a company's operating expenses to its revenue. It is calculated by dividing the operating expenses by the revenue. This ratio provides insights into the efficiency of a company's cost structure and its ability to control operating expenses relative to its revenue generation. A lower ratio indicates higher operational efficiency and cost management, while a higher ratio suggests higher operating expenses relative to revenue. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.